August 26 2022
- Funny songs
 
- Everyone getting subpoenaed by Twitter - poor JCal also
 - Twitter Whistleblower
- Peiter Zatko - head of security - was hired after major hack of 2020
 - Twitter violated terms of use
 - Employees had access to all kinds of accounts - Elon Musk, Barack Obama and Donald Trump
 - Sent docs to SEC, Congress and DOJ, WaPo
 - Gave bonuses to execs for increasing users but not reducing bots
 - Sacks is being deposed!!!!
 - If there is a lawsuit - will discovery reveal that there is a problem
 - There is a cover up of the bot problem
 - Nixonian tactics
 - Their bonuses are tied to more accounts - Upton Sinclair argument - hard to get a man to understand a problem if his salary depends on it
 - Parag and his lieutenants prevented him from producing a written report
 - Ordered him to cherry pick and misrepresent data to the board
 - He is working with same group as Frances Haugen
 - He is a white hat hacker - he would be on a shortlist of any people you want to run your cybersecurity
 - He is actually saying that Twitter didn’t really lie but omitted details
 - He is talking less about spam and more about security
 - He was apparently a terrible manager and 100s of people in his organization were running around
 - Maybe it was a mis-hire - he should have been a contributor instead of a manager
 - He got fired in January - so he started working with whistleblower lawyers
 - The lawsuit between Twitter and Elon is just that there is a negotiation of stock price purchase that Elon should buy at
 - So whistleblower’s revelations could mean that board violated their SEC disclosures
 - Stock price was reflecting probability of deal closing = 70%, now it became 60% after leak
 - Whistleblowers get 30% of windfall from fines
 
 - Twitter was forced by Indian government to place an intelligence agent on the board - and the company said that was OK?
- What about Apple, Google, Facebook, Tiktok, SNAP?
 - Same as earlier discussion - if government wanted your documents they would come to you, now they go to big tech company - acting as if they own the data - its like you have very low protection and rights over your data
 - Apple employees arrested before going to China - stole a bunch of self driving car company data
 - This is the attraction of distributed services
 - Try brave browser and VPNs
 - DuckDuckGo
 - VPNs are important for privacy
 - VPNs, anonymous search engines, browsers are all being bundled
 - Apple is claiming to encrypt your data on your phone
 
 - Student loan forgiveness
- < $125K, $250K as household
 - 85 days before mid terms
 - Takes 4 months to get the COBOL software running and calculate loan balance and print the bill
 - This will cost $300B
 - This was a campaign promise so Biden fulfilled
 - This doesn’t solve root cause of what we’re dealing with
 - Colleges will just keep increasing tuition if government might just do it again
 - This money is basically transferred to university endowments
 - Middle class where majority of tax dollars come from will pay for this minority of people who made a bad decision
 - This is exactly what happens at the end of empires - everyone sees the money train leaving the station and everyone jumps to grab theirs
 - This is unconstitutional - these are like stimulus checks, this is a jump the shark moment for policy making
 - This is a jump for the democratic party - they are not blue collar, they are more for white collar and woke college graduates
 - White college graduates favor democrats by 12 points, white non-college favor republicans by 25 points - this college vs non-college is the biggest gap vs racial, etc
 - This is a pay off to the new foot soldiers for the democratic party - not the blue collar
 - Jason went to school at night
 - Chamath doesn’t have a degree but did co-op for 2 years at Waterloo
 - Sacks has a law degree
 - Monthly payment cap is 5% of in hand income - so its a pay off to the art degree barista
 - So we don’t complain when airlines, auto companies, finance companies, etc get bailouts - what about students?
- Larry Summers: there is no analogy with bank bailouts - govt actually turned profits - these student bailouts are grants
 - Same problem as coastal people getting bailouts for mistake they made buying a house where a hurricane can hit it
 - We cannot get caught up in this endless cycle of making other people whole for mistakes they made
 - Covid relief, pandemic relief, PPP loans, student loans - everyone’s “what about me” has to stop
 - Dollars being spent have to have an ROI
 
 - The fact that this was a mistake was it should have been made expunge-able at bankruptcy - but it was not
 - The companies that provided these loans would have risk scored you if it was able to be discharged at bankruptcy
 - Would have been meaningful lasting change
 - Get this money from university endowments
 - Education and ROI is treated as second class because these universities’ endowments are bigger priority
 - Then universities would be more responsible
 - Student debt should be like credit card debt, etc - able to be discharged at bankruptcy - so they would do due diligence
 - 37 point gap of party preference college degree vs no college degree - if you go to college and get a degree - universities are woke - you are more likely to be progressive - woke madrassas - they graduate the new woke clerics of new dem theocracy
 - We look down on theocratic states and we are the same
 - Why would you want to defund the factories that are funding your ranks?
 - Colleges used to be blue collar → white collar
 - College degree means you’re not blue collar, you’re white collar
- That heuristic isn’t true - why not and what can we do about it?
 
 - Incredible benefit to broadening your horizons once you go to college
 - How to integrate this program into technical training program or skills program?
 - Federal loans should be maybe have a requirement on skills, etc
 - Being able to discharge student debt at bankruptcy is the most meaningful change you could make
 - Gerontocracy at these universities - average administrator is in mid to late 60s - they are focused on their endowments and power
 - You will identify the insider establishment by those who try to stop you
 - growwithgoogle is free
- They have identified work streams
 - If you can sit down, shut up and learn, then you can do these first for free - get 60-70-80k per year before you go to college for $100K
 - JCal and Chamath invested in Meritas - ISA - nursing college, etc
- Meritas takes risk instead of Harvard that takes no risk
 
 
 
 - Red Wave looks more like a Ripple
- Biden has had a good run over the last few weeks
 - Dobbs and Jobs are also helping Biden
- Dobbs case - abortion
 - Jobs report is strong
 
 - Dems are in materially better position than in June
 - Republicans also have issues with candidate quality - couple of races should have
 - Bipartisan wins
- Chips ACT
 - Guns bill
 
 - Republicans got hoodwinked
 - Would be good to get back to gridlock?
- Means fiscal responsibility
 
 
 - Gut Biome
- Cell journal published paper
 - Human body has 10T cells - also some 10-40T bacterial cells live in your gut - gut microbiome
 - Gut biome - bacteria in your gut - can regulate your health - Muniq, now SuperGut uses this
 - Can send molecule into your bacteria that will help your stomach
 - Can affect disease and condition of brain by changing gut biome
 - Was hard to sequence DNA - was $1000 to do poop test, now its $5 - to check your gut biome
 - Paper looked at effect of eating artificial sweeteners on your gut biome and human health
 - Researchers gave people saccharine stuff - monitored gut biome, glycemic index (glucose)
 - Measured their blood glucose - ability to see sugar in blood - how can metabolize glucose - glycemic control
 - Sucrulose is not being absorbed by your body - bad bacteria are eating it
 - Aspartame and Stevia were relatively benign
 - FMT
- Fecal microbiome transplantation
 - You can inject other people’s fecal matter into sick people and cure them
- Parkinsons, etc
 - Into the bum or eat a capsule with someone else’s poop
 
 - This is why probiotics do not work
- It does not survive in your gut biome
 - Its like putting a house cat in the jungle - gets eaten by the jaguar
 
 - Its like you’re putting a whole rainforest from someone else’s gut into your gut - your gut becomes from someone else’s gut
 - Can help cure MS
 
 - Lots of companies are discovering small molecules
- Can we convert good bacterias into medicine?
 - FMT
 - SuperGut is trying to change feedstock to transform bacteria into healthy bacteria
 
 - Now if kid has diarrhea you want to give them probiotic
 - Not sure if Kombucha, fermented, etc
 - Broad holistic diet is best option - coz we don’t know yet what works - animal protein benefits, etc
 - Responders and Non-responders
 - People need to spend time figuring out eating and not eating what makes you feel better - do iteration
 
 
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