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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