PS: If openly bribing a crony gov to cancel your competitor is now the de-facto standard of making business in the US, I don't see how any rational investor could still see US companies as a secure investment. When the rule of law degrades into pay-to-play politics, the inevitable result is a mass exodus of both capital and top-tier talent.
jfengel 5 minutes ago [-]
It's bizarre seeing the outright bribery.
A lot of things that people call "bribery" is really just ensuring that your preferred candidate gets in office. You couldn't give money directly to the candidate for personal use. Donations went to the campaign of the guy who already agreed with you. The FEC used to take a dim view of outright pay-for-service, even dressed up.
This is new. And now people need to decide how they feel about that. They get one chance to say "no, that's not how we do things." Even if the administration suffers a blow this November, if they hear that this is mostly acceptable to their base, it will be what every politician does from here on.
dragonwriter 48 minutes ago [-]
> If openly bribing a crony gov to cancel your competitor is now the de-facto standard of making business in the US
It very clearly is, the present AI instance is far from the only recent case.
> I don't see how any rational investor could still see US companies as a secure investment.
They evaluate the propensity and ability to profitably engage in open corruption the same as they evaluate other capacities of the company. “Secure” isn't a binary category, and the risk here is much like any other risk.
> When the rule of law degrades into pay-to-play politics, the inevitable result is a mass exodus of both capital and top-tier talent.
That is the expected result of increasing perceived risk. yes, probably one of those “slowly and then all at once” things.
ProllyInfamous 34 minutes ago [-]
>I don't see how any rational investor could still see US companies as a secure investment.
2025 was also the first year that the majority of stocks were traded off-market (i.e. hedgie darkpools, no public price discovery).
----
Hope ya'll bought your gold before Monday.
#RemindMe2days [gold@5290USD, this post]
foogazi 12 minutes ago [-]
> I don't see how any rational investor could still see US companies as a secure investment.
It’s the best investment - just bribe your way to contracts
mentalgear 1 hours ago [-]
"On the very same day that Altman offered public support to Amodei [CEO of Anthropic], he signed a deal to take away Amodei’s business, with a deal that wasn’t all that different. You can’t get more Altman than that."
ajshahH 36 minutes ago [-]
> In oligarchy, connections and donations decide. It sure look like the US is transitioning from the former to the latter
Transitioning? That happened post WW2. How many more wars in the Middle East do we need to convince people?
Though, I think it’s hard for Marcus’ generation to see this. Odd given Vance’s connections to Thiel et al.
georgemcbay 20 minutes ago [-]
> Transitioning?
To be fair, there has been a notable recent shift in the sense that nobody even tries to hide what is going on anymore.
We've moved beyond manufacturing consent to ass out corruption on full display, "try to stop me."
AndrewKemendo 12 minutes ago [-]
What does this have to do with AI capabilities specifically?
This is literally the politics of running massive business interests, which I understand is relevant for technology and everything…
… but isn’t Gary Marcus’s whole game that AI is not capable and people are wrong/lying about AI tech capabilities?
I feel like this is a handy moment for Gary where he can say he could basically ignore all of his previous claims (because they’re all technically wrong) and shift into “AI is bad for society because it’s more crony capitalism” or something kind of muddy argument.
dist-epoch 36 minutes ago [-]
> but after Brockman had donated 25M to Trump’s PAC
> In capitalism, the market decides.
> In oligarchy, connections and donations decide.
Author is confused about what Capitalism is. It worked exactly as expected, Capital used itself to advance it's own needs - maximizing (own) growth.
Capitalism is not about markets, it's about Capital.
There is a reason why lobbying is an accepted practice in one of the most Capitalistic countries in the world, and generally forbidden in Socialist EU.
NicuCalcea 11 minutes ago [-]
> generally forbidden in Socialist EU
This is one of those cases where you wish your critics were right. One in 40 people in Brussels is a lobbyist, but apparently it's forbidden.
pton_xd 34 minutes ago [-]
This https://x.com/UnderSecretaryF/status/2027594072811098230 is the simplest and most logical explanation as to what happened. The disagreement was over who would be the arbiter of "lawful usage" of the technology, the US government or Amodei.
Rendered at 18:44:05 GMT+0000 (Coordinated Universal Time) with Vercel.
A lot of things that people call "bribery" is really just ensuring that your preferred candidate gets in office. You couldn't give money directly to the candidate for personal use. Donations went to the campaign of the guy who already agreed with you. The FEC used to take a dim view of outright pay-for-service, even dressed up.
This is new. And now people need to decide how they feel about that. They get one chance to say "no, that's not how we do things." Even if the administration suffers a blow this November, if they hear that this is mostly acceptable to their base, it will be what every politician does from here on.
It very clearly is, the present AI instance is far from the only recent case.
> I don't see how any rational investor could still see US companies as a secure investment.
They evaluate the propensity and ability to profitably engage in open corruption the same as they evaluate other capacities of the company. “Secure” isn't a binary category, and the risk here is much like any other risk.
> When the rule of law degrades into pay-to-play politics, the inevitable result is a mass exodus of both capital and top-tier talent.
That is the expected result of increasing perceived risk. yes, probably one of those “slowly and then all at once” things.
2025 was also the first year that the majority of stocks were traded off-market (i.e. hedgie darkpools, no public price discovery).
----
Hope ya'll bought your gold before Monday.
#RemindMe2days [gold@5290USD, this post]
It’s the best investment - just bribe your way to contracts
Transitioning? That happened post WW2. How many more wars in the Middle East do we need to convince people?
Though, I think it’s hard for Marcus’ generation to see this. Odd given Vance’s connections to Thiel et al.
To be fair, there has been a notable recent shift in the sense that nobody even tries to hide what is going on anymore.
We've moved beyond manufacturing consent to ass out corruption on full display, "try to stop me."
This is literally the politics of running massive business interests, which I understand is relevant for technology and everything…
… but isn’t Gary Marcus’s whole game that AI is not capable and people are wrong/lying about AI tech capabilities?
I feel like this is a handy moment for Gary where he can say he could basically ignore all of his previous claims (because they’re all technically wrong) and shift into “AI is bad for society because it’s more crony capitalism” or something kind of muddy argument.
> In capitalism, the market decides.
> In oligarchy, connections and donations decide.
Author is confused about what Capitalism is. It worked exactly as expected, Capital used itself to advance it's own needs - maximizing (own) growth.
Capitalism is not about markets, it's about Capital.
There is a reason why lobbying is an accepted practice in one of the most Capitalistic countries in the world, and generally forbidden in Socialist EU.
This is one of those cases where you wish your critics were right. One in 40 people in Brussels is a lobbyist, but apparently it's forbidden.