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Tillman on why Bitcoin's critical mass is nearly impossible to replicate today "Well, I have a thesis, and I don't think it can be argued. I don't think Bitcoin would survive if it started right now." "The age of AI, and a proof of work network, and the susceptibility...

18,990 görüntüleme • 18 saat önce •via X (Twitter)

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Linus Torvalds, creator of Linux, on why AI is both a bubble and a revolution at the same time: His answer refuses the binary, laying out why both things can be true at once: "I mean, clearly, it's clearly both, right? It's clearly a bubble and at the same time, it's very interesting and I think it will change society and I think it will change how most skilled jobs get done." But he pushes back on the maximalist framing: "At the same time, I don't think it's as revolutionary as people make it out to be." When asked about artists being angry that AI models were trained on their work without consent, Linus is blunt: "That's reality. Deal with it. That genie is out of the bottle. You're not getting it back. And you're not getting it back whether you are a photographer who's out of work… or you're a programmer that has to learn to deal with a new reality." On programming specifically, he's more optimistic, though he has a sharp caveat about vibe coding: "I really think that AI will be a tool and it will make people more productive. I think that vibe coding is great for getting into programming. I think it's going to be a horrible thing to maintain." His conclusion is that programmers aren't going anywhere: "You still want to have the people who know how to maintain the end result." Linus separates the technology from the noise around it: "I'm a huge believer in AI. I'm not a huge believer in the whole things going on around AI. I find the marketing and the market to be sick and twisted and there is going to be a crash and it's not… it's going to be ugly."

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William got margin called and pledged over $1B of his own stock to fund Column. He explains why extreme personal risk is what makes great founders, and why we see less of it today: "I think that the good founders bet on themselves and take an extreme amount of risk to do that. The extreme amount of risk part is something that we no longer have. But when there's literally only one door in front of you. You don't have a choice, and that fear and innate desire creates another part of you. It creates creativity, it creates inspiration. It's extremely valuable part of the founder journey. And in many ways, Silicon Valley we've actually removed that. I don't know why we don't talk about it more. If you go back to pre 2008, you're on the edge of the knife. We don't create environments where a founder has to bet themselves. I think starting companies are just too f**king safe. It's caused a lot of companies to be super safe companies like, we're gonna pivot to AI...that's not bold, that's not ambitious. It's because we are attracting founders that actually want to be employees. They don't think if I don't pull this off, I'm going to become bankrupt. My life is over and I think that's pretty healthy. That's when you bring out the rawness of humanity and I don't see that very much anymore. The weird thing is an early stage employee takes way more risk than an early stage founder. And I don't think we should actually de-risk the early stage employee. I just think we need to increase the risk for founders. I think we need to make failure much more expensive."

Patrick OShaughnessy

86,597 görüntüleme • 5 ay önce