Allison

It is frustrating and challenging to me as an American to think that this is even a political point. This should be a what's right for America point. It's almost like we're going to war, war with ourselves, with our bureaucracy, with the morass that's been built up over the last couple of decades. And I'm thrilled that this is happening. And frankly, put the people aside.

Maybe it's the fact that you need people that are as outspoken, as challenging, as difficult as these two particular individuals are going to run this group. but that might be what it takes for it to happen in the small 18 month window that they have. So I don't know, that's my rant on it.

Maybe it's the fact that you need people that are as outspoken, as challenging, as difficult as these two particular individuals are going to run this group. but that might be what it takes for it to happen in the small 18 month window that they have. So I don't know, that's my rant on it.

This is where I think I think we've talked about this many times in the past, but like all organizations have a natural tendency to grow. They want to grow. They're not like, find me one nonprofit or find me one university or find me one company or one government agency that's ever said, my job is to shrink myself. It's never happened. So why does that happen?

This is where I think I think we've talked about this many times in the past, but like all organizations have a natural tendency to grow. They want to grow. They're not like, find me one nonprofit or find me one university or find me one company or one government agency that's ever said, my job is to shrink myself. It's never happened. So why does that happen?

Well, if you look at the day-to-day operating role of each individual, over time, like all individuals, they want to do more. They wanna have a bigger impact. They wanna have more scale. They wanna have more leverage. So there's this natural set of incentives that drives a lot of choices and operating procedures on the ground

Well, if you look at the day-to-day operating role of each individual, over time, like all individuals, they want to do more. They wanna have a bigger impact. They wanna have more scale. They wanna have more leverage. So there's this natural set of incentives that drives a lot of choices and operating procedures on the ground

that create more structure, more scale, more leverage and drive more hiring. Everyone wants to become a manager of people. They don't want to just be doing the same IC job forever, individual contributor job forever. So if they want to be a manager, they got to find more stuff to do. And then they got to hire people to do that stuff.

that create more structure, more scale, more leverage and drive more hiring. Everyone wants to become a manager of people. They don't want to just be doing the same IC job forever, individual contributor job forever. So if they want to be a manager, they got to find more stuff to do. And then they got to hire people to do that stuff.

So all of these organizations, whether again, and we've all been on boards of nonprofits, I'm sure. And we've all been involved in this sort of thing. There's always this like, incentive to raise more capital to hire more people to do more stuff that sort of It's really unclear until you really dig into the psychology of each individual person working there why this is happening.

So all of these organizations, whether again, and we've all been on boards of nonprofits, I'm sure. And we've all been involved in this sort of thing. There's always this like, incentive to raise more capital to hire more people to do more stuff that sort of It's really unclear until you really dig into the psychology of each individual person working there why this is happening.

I don't think that the federal government is any different. Each of these people feel they want to be more important, they want to have a bigger role, they want to have a bigger impact.

I don't think that the federal government is any different. Each of these people feel they want to be more important, they want to have a bigger role, they want to have a bigger impact.

If your job directionally is to regulate, then what's the scalar on regulation? More regulation. So therefore to do more, you have to regulate more. There's no regulator that says, I wanna regulate less over time, because we've created a system that's one directional. So you have to have these resets.

If your job directionally is to regulate, then what's the scalar on regulation? More regulation. So therefore to do more, you have to regulate more. There's no regulator that says, I wanna regulate less over time, because we've created a system that's one directional. So you have to have these resets.

If you don't have them naturally, they're gonna happen unnaturally in the form of social unrest and breakdowns of the economy and collapse of social structures, all these other things that happen way, way down.

If you don't have them naturally, they're gonna happen unnaturally in the form of social unrest and breakdowns of the economy and collapse of social structures, all these other things that happen way, way down.

Or as Chamath is pointing out in California, in the economic structure of California, which I think is happening on a kind of national scale because of the outsized role the federal government plays in our national economy here today. So you have to have these unnatural forces come in and do this readjustment from time to time. Otherwise, it's just going to break on its own.

Or as Chamath is pointing out in California, in the economic structure of California, which I think is happening on a kind of national scale because of the outsized role the federal government plays in our national economy here today. So you have to have these unnatural forces come in and do this readjustment from time to time. Otherwise, it's just going to break on its own.

I feel like America is Neo from the Matrix where there was like a thousand bullets being shot at America and we like literally had to dodge every single one of them in order to get to this point. Again, I am so shocked and surprised in a positive way that we ended up on this particular timeline. Look, everything had to go the way it went for this to have happened.