riv991

I liked Matt Levine's take in his latest podcast. You buy an index because you want to own the market. If you want to own the market in 2026 you want to own SpaceX and Anthropic, and probably OpenAI too.

That said, if you think this is as bad as the article claims you'll obviously buy SpaceX at IPO, then sell it when Index funds are obligated to buy.

High Scale is so subjective here, I'd hazard a guess that 99% of businesses are not at the scale where they need to worry about scaling larger than a single Postgres or MySQL instance can handle.

> So it is in a bad state because it does not receive enough money, that's it

In real terms the budget is the largest it's ever been, it's a relic of the time when people worked and died shortly (a decade) after retiring, not when they live for 30+ years longer.

It's much easier to maintain, as headsets have become integrated it's become harder and harder to work with anything that runs from the brake levers through the frame.

In his earlier blog post that this one links, he says:

> I've spent just under 10 years of my life in Prison (all for non-violent drug crimes.)

Isn't that the most impressive part? That the abstraction makes it seem so simple