What are we supposed to do in a world that says this is optimal capital allocation
Cara Cunningham says her engagement on Facebook skyrocketed when she started posting AI slop of her and fake men, and that she’s paid off half her mortgage with the earnings.
Get ready for a lot more of this….
Get ready for a lot more of this….
August 10, 2025 at 4:12 PM
What are we supposed to do in a world that says this is optimal capital allocation
the golden era of public internet discourse was actually a failure of efficient capital allocation. as capital allocation becomes more efficient, public discourse will inevitably become barren of value
June 16, 2026 at 5:37 PM
the golden era of public internet discourse was actually a failure of efficient capital allocation. as capital allocation becomes more efficient, public discourse will inevitably become barren of value
If you invest hundreds of billions in a technology and one news story can make it seem like none of that was necessary maybe this isn’t an industry where the market data and capital allocation thing is working right.
January 28, 2025 at 1:16 AM
If you invest hundreds of billions in a technology and one news story can make it seem like none of that was necessary maybe this isn’t an industry where the market data and capital allocation thing is working right.
“Wall Street ensures the efficient allocation of capital.”
"The AI infrastructure build-out is so gigantic that in the past 6 months, it contributed more to the growth of the U.S. economy than /all of consumer spending/" - @mims.bsky.social
My takeway is that The US has gone ALL IN BET OF THE 21st Century on AI, while China has gone all in on green tech
My takeway is that The US has gone ALL IN BET OF THE 21st Century on AI, while China has gone all in on green tech
Original draft of syllabus is here - www.programmablemutter.com/p/the-politi... - still in need of a summary piece on the role of capital in shaping the AI economy
April 20, 2026 at 2:53 PM
“Wall Street ensures the efficient allocation of capital.”
i am nominally a capitalist for lack of better options, hundreds of billions of dollars in private wealth is an extremely poor allocation of capital
April 17, 2026 at 5:10 AM
i am nominally a capitalist for lack of better options, hundreds of billions of dollars in private wealth is an extremely poor allocation of capital
I was never a market fundamentalist by any means. But recent equities market credulity has kind of dented my assumption of at least broadly rational capital allocation
May 8, 2025 at 6:47 PM
I was never a market fundamentalist by any means. But recent equities market credulity has kind of dented my assumption of at least broadly rational capital allocation
it's almost as though a rigorous disclosure regime and thorough vetting process before companies can raise billions of dollars in financing helps to ensure an efficient allocation of capital
January 27, 2025 at 9:45 PM
it's almost as though a rigorous disclosure regime and thorough vetting process before companies can raise billions of dollars in financing helps to ensure an efficient allocation of capital
As a first approximation: at some point, the allocation of large amounts of capital acquired a positive moral valence in itself.
This has been a disaster.
This has been a disaster.
If you acknowledge that the richest man in the world is a Nazi is has all sorts of unsettling implications about the moral valence of success and the arc of society, so it's easier to just ignore it entirely.
i have told people i know point blank that musk has hundreds of thousands of deaths on his hands and provided links to reputable sources. i did the same with the CSAM stuff. it deeply frustrates me that they just act like its not real
May 23, 2026 at 4:20 AM
As a first approximation: at some point, the allocation of large amounts of capital acquired a positive moral valence in itself.
This has been a disaster.
This has been a disaster.
i think "counterproductive allocation of capital" is better phrasing, as it entails nothing about the right allocation thereof
December 31, 2025 at 2:08 AM
i think "counterproductive allocation of capital" is better phrasing, as it entails nothing about the right allocation thereof
*CENTENE WITHDRAWS 2025 GUIDANCE
A $28 billion, highly medicaid dependent healthcare corporation pulling all current year guidance despite cuts not kicking in for 18 months is a pretty good indicator that forward capital allocation in the sector is hitting now
A $28 billion, highly medicaid dependent healthcare corporation pulling all current year guidance despite cuts not kicking in for 18 months is a pretty good indicator that forward capital allocation in the sector is hitting now
July 1, 2025 at 8:52 PM
*CENTENE WITHDRAWS 2025 GUIDANCE
A $28 billion, highly medicaid dependent healthcare corporation pulling all current year guidance despite cuts not kicking in for 18 months is a pretty good indicator that forward capital allocation in the sector is hitting now
A $28 billion, highly medicaid dependent healthcare corporation pulling all current year guidance despite cuts not kicking in for 18 months is a pretty good indicator that forward capital allocation in the sector is hitting now
and, critically, capital mis-allocation can continue to aggregate all the same in that window
October 29, 2025 at 7:41 PM
and, critically, capital mis-allocation can continue to aggregate all the same in that window
*a bad capital allocation
January 27, 2026 at 4:53 PM
*a bad capital allocation
seems like a funds allocation choice designed to just feed their human capital straight to Anthropic
January 26, 2026 at 1:16 AM
seems like a funds allocation choice designed to just feed their human capital straight to Anthropic
our capital allocation corps are not doing their jobs properly
This person, John, and his collaborator have just received $519,000 in funding from Survival and Flourishing Fund. Link: share.google/92h2uuZVEuoQ...
October 1, 2026 at 11:40 PM
our capital allocation corps are not doing their jobs properly
Global capital allocation sure would be a lot more efficient with one ketamine overdose.
June 16, 2026 at 1:08 AM
Global capital allocation sure would be a lot more efficient with one ketamine overdose.
the market is tradable, sort of, but uninvestable - and that will start to be reflected by a freeze in corporate capital allocation decisions
March 23, 2026 at 12:36 PM
the market is tradable, sort of, but uninvestable - and that will start to be reflected by a freeze in corporate capital allocation decisions
Climate tech is moving from “nice to have” to “smart capital allocation.”
BCG found:
55% of low‑carbon tech is already cost‑competitive (or soon), + another 10% is only marginally pricier.
Companies pursuing green growth (2016–2024) earned higher revenue valuations.
www.bcg.com/publications...
BCG found:
55% of low‑carbon tech is already cost‑competitive (or soon), + another 10% is only marginally pricier.
Companies pursuing green growth (2016–2024) earned higher revenue valuations.
www.bcg.com/publications...
October 1, 2025 at 12:51 PM
Climate tech is moving from “nice to have” to “smart capital allocation.”
BCG found:
55% of low‑carbon tech is already cost‑competitive (or soon), + another 10% is only marginally pricier.
Companies pursuing green growth (2016–2024) earned higher revenue valuations.
www.bcg.com/publications...
BCG found:
55% of low‑carbon tech is already cost‑competitive (or soon), + another 10% is only marginally pricier.
Companies pursuing green growth (2016–2024) earned higher revenue valuations.
www.bcg.com/publications...
There are absolutely economic fundamentals driving this. If companies can’t plan for trade arrangements, they can’t plan for currency fluctuations, capital allocation, etc…
March 10, 2025 at 2:40 PM
There are absolutely economic fundamentals driving this. If companies can’t plan for trade arrangements, they can’t plan for currency fluctuations, capital allocation, etc…
special interest in capital allocation
October 29, 2024 at 5:08 AM
special interest in capital allocation
It’s a gift to share space in rooms like this one, full of women working to expand capital allocation, women who know the uphill battle firsthand.
We’ve seen progress, but across venture capital, private equity, and other forms of capital allocation, barriers remain.
We’ve seen progress, but across venture capital, private equity, and other forms of capital allocation, barriers remain.
September 26, 2025 at 12:17 AM
It’s a gift to share space in rooms like this one, full of women working to expand capital allocation, women who know the uphill battle firsthand.
We’ve seen progress, but across venture capital, private equity, and other forms of capital allocation, barriers remain.
We’ve seen progress, but across venture capital, private equity, and other forms of capital allocation, barriers remain.
The democratization of capital allocation, perhaps.
February 18, 2025 at 7:18 PM
The democratization of capital allocation, perhaps.
Immediately, even Ehrenreich’s definition seems incoherent, at least as interpreted by Liu. Certainly, there are commonalities between salaries mental workers. But is a banker, who *literally controls the allocation of capital*, particularly similar to a programmer who sells labor power?
July 4, 2025 at 4:59 AM
Immediately, even Ehrenreich’s definition seems incoherent, at least as interpreted by Liu. Certainly, there are commonalities between salaries mental workers. But is a banker, who *literally controls the allocation of capital*, particularly similar to a programmer who sells labor power?
Do think we have a fundamental societal level failure of allocation of capital, in lapart rge because the levers have been concentrated into the hands of a handful of bizarro morons
December 8, 2025 at 6:08 PM
Do think we have a fundamental societal level failure of allocation of capital, in lapart rge because the levers have been concentrated into the hands of a handful of bizarro morons
it does have to be inherently bad to be a capital allocation actually. "this is a capital allocation" assumes that it will not deliver value. if it does not deliver value it cannot be a good way to subjugate labor.
the impact on labor is worth dealing with and requires a better position on ai
the impact on labor is worth dealing with and requires a better position on ai
January 27, 2026 at 4:49 PM
it does have to be inherently bad to be a capital allocation actually. "this is a capital allocation" assumes that it will not deliver value. if it does not deliver value it cannot be a good way to subjugate labor.
the impact on labor is worth dealing with and requires a better position on ai
the impact on labor is worth dealing with and requires a better position on ai
This is the efficient allocation of capital we were promised
February 8, 2026 at 9:54 PM
This is the efficient allocation of capital we were promised