reflections of a pragmatic optimist, lover of freedom

Category: Entrepreneurship (Page 1 of 8)

Peter Thiel

Great short talk by Peter Thiel:

Some particularly good bits from the first half:

I always am very uncomfortable with these sort of categories of … extreme optimism, extreme pessimism. I think those are somehow the wrong categories. … And I think they’re actually weirdly the same. Extreme optimism … says that you don’t need to do anything. The movie of the future will go on its own. It’s sort of automatic, accelerating progress and all you have to do is sit back and eat some popcorn and watch the movie of the future unfold. And then extreme pessimism is that … nothing you can do will make a difference. And the truth is always, I think, somewhere in between, or at least it’s best for us to believe that it’s somewhere in between and that … instead of being in emotive denial (that everything’s great) or acceptance (that everything is awful) and both denial and acceptance are code words for laziness, for not doing anything, because there’s nothing you can do — nothing you need to do. It’s best to be somewhere in between and to think: It actually matters. Things are always up for debate … and we should be fighting, and we should be figuring out … how to continue to have this healthy and free country in which we live.

3:42

In a democracy, what 51% of the population believes is probably better, and there’s a certain bias towards majoritarianism, and if you have 70% of the population [that] believes something it’s even more true. But if you go from 51% to 70% to 99.9%, you’ve gone from a democracy to North Korea. And it’s this very important question that one needs to always needs to come back to. Where do we sort of go from the wisdom of crowds to the madness of crowds, and where’s that dividing line between majoritarian democracy and where do you get to the sort of totalitarianism of North Korea. And it’s hard to define where that line is, but I want to suggest that in all kinds of contexts we’re far too far on the side that you can describe as collectivist, centralized, Borg-like, conformist, and also generally just simply incorrect.

5:32

We’ve had all these derangements of science, where … in the name of “science” we’ve done these rather unscientific things. And I often think that … when people use the word “science” it’s often a tell of the opposite … that the things that are actual science like physics and chemistry, you don’t need to call them “physical science” or “chemical science” because you don’t need to protest that much like, you know, Lady Macbeth. But when you call things “climate science” or “political science”, that’s sort of a tell that they’re not quite scientific.

I’ve come to think that one way to think of a healthy “science” is that it has to fight a two-front war against excessive skepticism, and against excessive dogmatism. So excessive skepticism is if you can’t believe in anything: I don’t believe I’m here, I don’t believe the audience is here, nothing is real, everything is imaginary. That’s probably not an attitude that’s conducive to science. And of course, excessive dogmatism, at the other end of the spectrum, is … the 17th century church telling you that the Aristotelian view of the universe was correct and therefore the Earth couldn’t possibly be moving. And that’s excessive dogmatism, and that’s also very bad for science.

10:05

DeFi and Historic Cycles

Great podcast interview with Mark Moss (@1MarkMoss), that focuses on historic cycles and the hope that Bitcoin, decentralized finance, and decentralization in general offer for greater individual sovereignty and individual autonomy in the near future. This kind of stuff helps renew my optimism. There is much potential for a freer future, if we can just get our thinking out of the over-centralized box we’ve let ourselves get stuck in.

This is the latest episode in the Bitcoin and cryptocurrency series (“BTC###” episodes) that drops every Wednesday on the We Study Billionaires podcast — highly recommended and one I make sure to listen to regularly.

Watch the episode with Mark on YouTube, or listen on Apple Podcasts.

Enduring Sentiments

I’m a “rah, rah America” guy. I can’t help it. Ever since I can remember, I’ve felt an appreciation and natural affection for this way of life of ours here in the USA, with its steadfast foundational devotion to Liberty. What I would call a deeper gratitude likely came later, as I’m sure I took this precious inheritance for granted growing up, and had little idea it would ever truly be in jeopardy. The ever-present threat of a nuclear attack by the Soviet Union loomed large during the 70s and 80s, but I found reassurance in the cultural resolve I perceived all around me. We seemed sure of who we were and of the imperative to stand and defend this way of life. It was precious and worth every measure of devotion, so much so that even a fearsome and dangerous external enemy did not in the end seem more than a serious but likely manageable concern that we’d do everything we could to guard against. I had no idea, back then, that our foundations were under sustained internal attack, or that our undoing could ever possibly come from within rather than from an external adversary. The possibility just wasn’t even on my radar.

Growing up in this environment, I never anticipated, much less understood, the desire of some to live in a collectivist society, even as some abstract ideal. It seemed obvious to me where that road led — that it was a sure-fire recipe for subservience to an abusive, totalitarian state, and that there was no more certain way to extinguish creativity and the potential for thriving that make life worth living. Striving for independence and the life of a free individual was clearly worth it, even with the attendant uncertainty and risk. The only way I ever imagined that people would submit to collectivism was unwillingly, under the thumb of a totalitarian reign of terror like that which prevailed in the Soviet Union and its captive satellite nations, in China, or in North Korea. It interested me to learn the stories of people who had escaped collectivist societies, and also how those who chose to remain or were unable to escape found ways to cope, endure, maintain perspective, and push in whatever ways they could to move things back in the direction of freedom. Traveling to the Czechoslovakia of 1986 (where we had family who feared the peril they’d face when the state learned they’d met with Americans, including a cousin we never got to see who we later learned was sent to a forced-labor camp), and awareness of Soviet dissidents such as Sakharov, Sharansky, and Solzhenitsyn, reinforced my interest in understanding the way out from such things. Encountering Americans who expressed an affinity for or aversion to criticizing collectivism, later in life, was an experience for which I was wholly unprepared, and stands to this day as about the most chilling realization of my life. If, after every purge and totalitarian horror of the 20th century, there are people who still yearn to bring about a move to collectivism in some form, and if those people can gain the levers of power and cultural influence in so steadfastly, defiantly free and independent a place as the United States, then there seems to be no limiting factor on the horror that may await us in the future yet to come.

These worries bring me gloom sometimes, and the eager, enthusiastic embrace of appeals to authority we’ve seen in the COVID years has only deepened my concern. But I can’t allow myself to live in that gloom. Such is not the purpose of life in this world — one imperiled by our self-destructive will to subservience, to be sure, but also too full of hope for many to grasp. I can’t make choices for others, nor would I wish to, but I can choose my own actions and attitude, and the thoughts I populate my world with. Even as the slow creep of incrementalism seems to march inexorably on, I see glimmers of an inextinguishable desire to live free and thrive, and tremendous hope in the prospect of opening new frontiers and decentralizing ourselves away from the ossified institutions that are holding us back from the fullness of what we can achieve. I’m going into the future with this thought and the goal of realizing it in mind. I have faith, in the end, that we will find our way.

The American’s Creed

This captures beautifully what’s in my heart and mind every day on this Earth, and fills me with gratitude for the culture I feel so blessed to have been born into here in the USA. As we contemplate next places and head to new frontiers, I hope we’ll carry the spirit of this bold, hopeful declaration with us.

historic sign: The American's Creed
I do not choose to be a common man. It is my right to be uncommon. I seek opportunity to develop whatever talents God gave me — not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me. I want to take the calculated risk; to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia. I will not trade freedom for beneficence nor my dignity for a handout. I will never cower before any earthly master nor bend to any threat. It is my heritage to stand erect, proud and unafraid; to think and act myself, enjoy the benefit of my creations and to face the world boldly and say — “This, with God’s help, I have done.”

All this is what it means to be an American.

SN9 Launch Today?

I’m tempering my excitement with the knowledge that further delays are possible, but signs are currently pointing to a Starship SN9 12.5km hop attempt today. A successful ascent, controlled free-fall, and vertical landing will be a huge milestone for SpaceX’s Starship program and our prospects of going places in these magnificent, ambitious vehicles.

Check LabPadre’s Nerdle Cam or the NASASpaceflight channel for the livestream. Barring a @SpaceX announcement, the time of the test flight may remain a mystery as usual. It’s been a magnificent sight to see SN9 and SN10 standing side-by-side at the launch site for the past few days. With visuals like this, it’s not hard to imagine a sci-fi future made real where we have fleets of Starships in active service.

The huge crane that’s used to put them in place is a pretty awesome sight too:

Tune in to the Nerdle Cam livestream for more!

In related news, this 4-minute video from Terran Space Academy presents the significance of SpaceX’s achievements to date and the Starship program beautifully:

(For more from this great channel, check out Starship: The Next Generation.)

Last but not least, an exciting announcement from SpaceX regarding the next phase in its crewed Dragon program:

Today, it was announced SpaceX is targeting no earlier than the fourth quarter of this year for Falcon 9’s launch of Inspiration4 – the world’s first all-commercial astronaut mission to orbit – from historic Launch Complex 39A at NASA’s Kennedy Space Center in Florida. Jared Isaacman, founder and CEO of Shift4 Payments, is donating the three seats alongside him aboard Dragon to individuals from the general public who will be announced in the weeks ahead. Learn more on how to potentially join this historic journey to space by visiting Inspiration4.com.

The Inspiration4 crew will receive commercial astronaut training by SpaceX on the Falcon 9 launch vehicle and Dragon spacecraft, orbital mechanics, operating in microgravity, zero gravity, and other forms of stress testing. They will go through emergency preparedness training, spacesuit and spacecraft ingress and egress exercises, as well as partial and full mission simulations.

This multi-day journey, orbiting Earth every 90 minutes along a customized flight path, will be carefully monitored at every step by SpaceX mission control. Upon conclusion of the mission, Dragon will reenter Earth’s atmosphere for a soft water landing off the coast of Florida.

What an amazing time to be alive.

SN9 12.5km Test May Fly This Week

Yesterday (Monday the 25th) was out due to ~30mph winds, and today looks pretty miserably overcast so far, but there seems to be some hope and intention of Starship SN9 doing a 12.5km test-flight sometime this week. LabPadre’s “Nerdle Cam” remains a good place to check in on things. This is expected to be a retry of December’s SN8 launch, controlled free-fall, and landing attempt, with remedies for SN8’s tank under-pressure hopefully lending the possibility of a successful landing this time. I’m greatly looking forward to the attempt!

UPDATE: Looks like today’s (Tuesday) entertainment was a tank pressure test, which SN9 passed, according to Elon Musk. Also per Elon, completion of an FAA review appears to be one of the necessary conditions the SN9 flight test is now waiting on.

Wednesday launch attempt appears unlikely, given lack of scheduled road closures, and winds gusting up to 38mph. Thursday or Friday attempt, perhaps?

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