jocaal

The product doesn't have a moat, but anthropic's branding and enterprise focus seems to be quite valuable.

"We" have not gone anywhere. The rise of tiktok is a clear example that the network effects of the social giants are not strong enough to keep competition away. This is what the market demands.

This is a naive take. Sure they had wealth, but multiplying wealth to the scale some of those people do is no easy feat. I am not defending them, just trying to state a fact.

That utopia exists, the only problem is it is a communist country where you have no individual rights and can't own land.

It's simple accounting. Net money in must be more than or equal to net money out when adjusting for any temporal changes in the face value of the assets. If you use more than you produce, either you are going to have to pay in the future, or in the case of the government, you can die and let your children pay.

Funny how people complain about federal debt, when the people complaining benefitted the most from the system. It is your children who will be paying the interest, while the older folk enjoyed a heated economy with high government spending. Economics is just as fundemental as physics. There are conservation laws that cannot be violated. However you can make other people hold the bag.

No, I was under the impression that foundations must be established with a non profit goal in mind. I thought you cannot just give beneficiaries cash. I see I was mistaken and that private foundations allow you to treat the structure the same as a trust fund.

Also estonian law doesn't recognize trusts, so if you want to save your assets for your children that's a problem.

It will hit their balance sheet. For the debt to get the credit rating they want, facebook must commit to spending money on whatever the special purpose vehicle is doing.

Competition doesn't have to be merit based. My view on competition rules is that it should prevent winners, period. If there is a company so good that they can effectively monopolize a market based on merit alone, they should still be punished. How is that advocating for merit?

> How does a system that rewards people for being good at what they do 'take away liberties'?

Define being good at what you do. It's not such an easy thing. IMO the best way we can do such a thing is let markets and trade define what it means to be good at what you do. If you provide value to others and your customers are willing to pay you a premium, that means you are good at what you do.

It's hard to explain my way of thinking to you in a comment on an online forum, if you are willing to look it up, the word to search is libertarian.

> Who decides this now?

The system is currently a democratic one, with a large state. The people decide who gets to control the state. The problem is, the government has so much power, it motivates greedy people to try to control it. So the rich and greedy spent their money on manipulating the democratic vote in order to get control of the government and hopefully make the money they spent back with some extra.

In my opinion, the government should be weaker in terms of its monitary power and stronger in terms of its policy power. Less taxes and more enforcement of competition rules.

The system is too big and complex for there to be a notion such as merit. We are animals and just like all animals we must fight to survive. Some people get lucky, some get unlucky. Merit is irrelevant.

And if you try to create a merit based system, you take away the liberties of the people. Who decides what person deserves more than another? You will create a system ripe for corruption.

You cannot however sell only SpaceX shares from your ETF to cover your short's losses. So due to liquidity issues I wouldn't recommend your strategy.

Why though. This is a dead serious question, what is the difference in using financial derivatives and prediction markets. Both are a transaction between parties that is influenced by some other underlying event. Why is it ok for the event to be a stock price, but not ok for it to be a sports match?

How are radio telescopes and mars rovers in my interest? How would you know what is in my interest? I worked for my money so the person in the best position to judge what is in my interest is me. I am sorry for you if that is such a hard concept to understand.