Author of the Network State. Founder of the Network School.

Balaji

AI is like a bug light pulling people back into San Francisco, California.

But what happens when a city and state facing massive deficits decides to predictably turn upon its last high profile industry?

They’ll attack them for automation.
Then, punitive regulation and taxation. https://t.co/UYFkLZ9uR4

Ron Conway made an interesting point recently: AI startups are concentrated in the Bay Area in the classical pattern. Like Internet startups in the 90s. If the San Francisco city government met them halfway, SF could be the AI capital of the world. It's theirs to lose.

Paul Graham

We’re seeing the scorpion and the frog play out in real time.

Of course the state will sting all these AI startups again. That’s its nature. https://t.co/Fp6y0dulvH

California’s population fell by 500k.

And deficits soared to $24B.

There is however one very high profile group of people still in state.

And very publicly receiving millions of dollars.

And automating all the jobs! 

Or so it’ll be portrayed.

Then will come the attacks. https://t.co/pLGuvc72mL

Also, AI directly threatens the Democrat base: college-educated white collar workers.

Automating their jobs while headquartered in San Francisco, California is like preaching atheism in Vatican City.

You may have no need for their services. But they won’t appreciate the logic. https://t.co/8e5jNNRo93

Immutable money, infinite frontier, eternal life. #Bitcoin

from Balaji | by Balaji