Jawwwn (@jawwwn_)
@jawwwn_
posting into the void 📺🫡••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••
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Alex Karp on NYC Mayor Zohran Mamdani:
“Obviously someone who has no work experience ever, who has views that have never worked, should not be put in charge of the most important enterprise of its kind, maybe in the world.”
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@FoxNews Mamdani has built nothing. He is a taker, never a maker.
“If you talk about risk, let me tell you about why there’s really no risk at all.”
Peter Thiel explains how @elonmusk convinced him to bet Founders Fund on SpaceX:
“The internal version in Silicon Valley of both Tesla and SpaceX were that they could never succeed.”
“I had a conversation with Elon about this in the summer of 2008.”
“I asked him when the last successful new car company had been created in the US?”
“The answer was Jeep in 1941.”
“You could say, ‘There’s been no new car company in 67 years, therefore it must be very hard and you should not do it.’”
“The alternate version that Elon gave was, ‘It’s been 67 years. So it’s about time for a new car company.’”
“One of the tremendous advantages that Tesla and SpaceX had was that they were competing with really sclerotic businesses.”
“It turned out that the fact that nobody thought it was doable, and nobody had done it in a long time, paradoxically created a big opening.”
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.@elonmusk says he was literally “all in” betting everything he owned on Tesla and SpaceX when his third rocket failed and Peter Thiel stepped in to save SpaceX:
“My buddies from PayPal saved my butt.”
“Peter Thiel’s been a big supporter. He invested in SpaceX at an important time in 2008. Before orbit. After our 3rd failure but before success:”
“Big credit to Peter and @LukeNosek and the other guys at @foundersfund. Basically my buddies from PayPal.”
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.@danawhite says the UFC was almost dead when Spike TV executives pulled him into an alley and made a deal on a napkin:
“At the time it was the last $10 million investment we we're going to make in the UFC.”
“If The Ultimate Fighter didn't work it's over.”
“When we were at the finale, when Stephan Bonnar and Forrest Griffin fought, when the fight was over and everybody in the place was stomping their feet saying, ‘One more round,’ we give them both contracts.”
“I was like ‘I don't give a shit what happens. This is going to end up somewhere.’”
“Spike TV execs took us out in the alley of the arena and we did a deal on a napkin.”
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.@elonmusk on the chart showing Raptor’s design progress:
“You see Raptor 3—it looks like it’s got parts missing.”
“It’s very, very clean.”
“We’re pushing the limits of physics here.”
Via @joerogan
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SpaceX's 1st employee Tom Mueller @lrocket on the chart showing Raptor's design progress:
"It was amazing."
"It took 3 versions of Merlin to get it to be really tight, and it took 3 versions also of Raptor."
"It takes 3 iterations to get to a really, really tight product."
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“It was vertically integrate, or die.”
@elonmusk explains exactly when a company should vertically integrate:
“The top suppliers would not work with us, or we would get their D team.”
“Which team would you give to the startup everyone’s saying will go bankrupt?”
“We tried outsourcing.”
“You need a fast feedback loop with engineering. If that feedback loop is all the way out in Thailand—there’s just no way.”
“Let’s say there’s a problem with the cells—you’d only find out it didn’t work 5 months later.”
“That’s a recipe for disaster.”
Via @thirdrowtesla @wholemars @battleangelviv @Gfilche @Kristennetten @vincent13031925 @Sofiaan @kimbal
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SpaceX employee #13# @_Eric_Romo describes the moment @elonmusk and SpaceX knew they had to become vertically integrated:
"They're canonically so vertically integrated now. But at the time, we were outsourcing basically everything."
"Any time we would need some new part built, it was like, 'Send the drawing to the vendor and get it built.'"
" Maybe two weeks later, if you're lucky, you get this part back."
"One of the [vendors] was always the quickest, pretty cost-effective, and very communicative. We were really reliant on this one."
"I remember sitting in the bunker in Texas underground with @lrocket and the team, and we get a call from that vendor and he's like, 'Hey sorry, but we're shutting down. We're closing our doors.'"
"We realize we have to go hire as many people from that vendor as we can, and we have to build up the internal capacity because that's what's going to help us iterate."
" It's all stuff that seems super obvious now."
"But in 2003, that was not so obvious at the time."
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“It became clear AGI was 10 years away. Maybe 30. But the company was going to be out of business in 12 months.”
Peter Thiel said fraud was so bad at PayPal, the woman running the fraud dept cried herself to sleep every night and they tried building AGI just to stop it.
“There are some things computers are much better at than humans. There’s some things humans are much better at than computers.”
“There were 20 investigators looking for needles in a haystack.”
“We had a team of mathematicians and computer scientists trying to build an AGI system to track down all the bad people.”
“The critical answer was figuring out the right division of labor where computers would screen through things. And then humans would qualitatively investigate them.”
“That turned out to be incredibly powerful.”
At the 2009 Singularity Summit
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.@elonmusk on why it’s so hard to get rid of fraud in the government:
“At PayPal— we tried to manage fraud down to 1% of payment volume.”
“That was difficult. It took a tremendous amount of care to get fraud merely to 1%.”
“Now—imagine an organization with much less caring, and much less competence.”
Via @collision @dwarkesh_sp
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.@elonmusk on why it’s so hard to get rid of fraud in the government:
“At PayPal— we tried to manage fraud down to 1% of payment volume.”
“That was difficult. It took a tremendous amount of care to get fraud merely to 1%.”
“Now—imagine an organization with much less caring, and much less competence.”
Via @collision @dwarkesh_sp
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Luxury cars, mansions, and rare collectables - that's what fraudsters are buying with your tax dollars. It's disgusting, and we are fighting every day to end fraud like this once and for all.
Palantir CEO Alex Karp on how AI leaders talk about concerns over trust, wealth, and AI-driven layoffs:
“It's like a cluster fuck.”
“Could it be worse?”
“It's like: We're going to take your job. We're not going to give you anything. We're going to get very wealthy. We don't talk in a way one could easily understand what we're saying. In many cases, we're talking our playbook.”
“The reality is that there is no class of people that has as little support as tech leaders in this country.”
“And there is an issue: how much wealth can one very small group of people have without pissing off people or giving them a sense that this is not a fair—maybe potentially rigged—game?”
Via @AmerCompass with Teamsters President Sean O’Brien
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OpenAI CEO @sama on UBI and AI leaders proclaiming AI is going to steal everyone’s jobs and we’ll all have no purpose in life:
“That’s horrible.”
“I think it’s a terrible message.”
“We have failed to articulate as an industry how people stay in control of determining the future at every step, and have a meaningful life.”
Via @CNBC @davidfaber
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OpenAI CEO @sama on UBI and AI leaders proclaiming AI is going to steal everyone’s jobs and we’ll all have no purpose in life:
“That’s horrible.”
“I think it’s a terrible message.”
“We have failed to articulate as an industry how people stay in control of determining the future at every step, and have a meaningful life.”
Via @CNBC @davidfaber
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.@elonmusk says the innovators he admires the most are Ben Franklin, Nikola Tesla, Thomas Edison, Shakespeare, Isaac Newton, Albert Einstein, and Henry Ford:
"Henry Ford is more awesome than people realize. He basically invented mass manufacturing of complex objects."
" Ford created the automotive industry of Earth, really."
" He pretty much started what became General Motors and then he got kicked out of that or something. And then started Ford Motor Company and really developed mass manufacturing of complex objects."
"And then everyone pretty much copied him."
Via @forbes
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.@elonmusk says he had no mentors.
He found his mentors by reading biographies:
“Something like Ben Franklin’s autobiography and the biography written by @WalterIsaacson is really good.”
“He was an entrepreneur. He started from nothing and was a runaway kid basically. Created his printing business and then over time did science and politics.”
“He’s certainly one of the people I most admire.”
Via @kevinrose
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.@elonmusk says he had no mentors.
He found his mentors by reading biographies:
“Something like Ben Franklin’s autobiography and the biography written by @WalterIsaacson is really good.”
“He was an entrepreneur. He started from nothing and was a runaway kid basically. Created his printing business and then over time did science and politics.”
“He’s certainly one of the people I most admire.”
Via @kevinrose
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.@elonmusk on why thinking from first principles is the best way to invent new things:
“You boil things down to the most fundamental truths” and reason up from there.
“You can’t say nobody wants a car because horses are great, we’re used to them, they can eat grass, and there’s lots of grass. And there’s no gasoline that people can buy—so people are never going to get cars.”
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General Matter CEO @ScottNolan's biggest lessons from working as an early employee at SpaceX:
"Pick the right thing to work on. Pick the problem no one else is working on, that really needs to be solved."
"Lesson two is—clean slate. Start from scratch. Question everything."
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Palantir CEO Dr. Alex Karp on his PhD:
“I went to Frankfurt and got a PhD in Neoclassical Social Philosophy, which is a fancy way of saying—a quick path to being unemployed.”
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@iScienceLuvr Putting “Ph.D.” in your social media name is a sure sign of a pompous retard
.@elonmusk explains how xAI’s mission and SpaceX’s mission are intertwined:
“xAI’s mission is to understand the universe. What things are necessary? You have to be curious, and you have to exist.”
“You want to increase the amount of intelligence in the universe, and the probable lifespan of intelligence.”
“As a corollary— humanity also continuing to expand because if you’re curious, and trying to understand the universe, one thing you’re trying to understand is— where will humanity go?”
“Understanding the universe means you care about propagating into the future.”
Via @collision and @dwarkesh_sp
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Peter Thiel says that when he invested in @elonmusk’s SpaceX in 2008, people emailed him, glad they didn’t invest in Founders Fund — because “anyone investing in something as crazy as rockets shouldn’t be in venture capital.”
“Great investments may look crazy but really not be.”
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Peter Thiel says that when he invested in @elonmusk’s SpaceX in 2008, people emailed him, glad they didn’t invest in Founders Fund — because “anyone investing in something as crazy as rockets shouldn’t be in venture capital.”
“Great investments may look crazy but really not be.”
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“@elonmusk is probably doing more for America than any other American.”
“He's single-handedly bringing manufacturing back to America.”
“He's revived defense tech.”
“SpaceX is in some ways the most important defense contractor in America.”
“What he's doing with Starlink is amazing for the world.”
“He's creating all these blue collar manufacturing jobs.
“He's done more than any living human to de-carbonize the world.”
“And if you’re upset about data centers on Earth—here you go!”
@GavinSBaker with @patrick_oshag on @InvestLikeBest
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