This week we celebrated 99 years of stubborn optimism with Max’s father-in-law, and took seriously his assessment that it’s 1932, with all the chaos and heartache that implies before something better emerges on the other side. Then we dug into the Anthropic prospectus, which confirms what we’ve been saying: it’s not the railroad or the internet, it’s an accelerant to monopolization, greasing the wheels for the companies that are already winning while the rest of the economy starves. The greatest misallocation of capital in history, right on schedule.
Chapters
Intro: 00:00:45
Quick Takes: 00:01:26
Phone A Friend: 00:07:52
Memberships: 00:11:03
Max Notes: 00:12:41
Killer Left Take of the Week: 00:26:13
Outro: 00:27:54
Resources
The Kiffness: Donald Trump BURP REMIX!
Matthew McConaughey On Instagram
CNN: What a photojournalist learned after being beaten by Jewish settlers
American Redact: Ethan Klein’s Cheating Scandal is Worse Than You Think
NBC News: Ramaswamy ad puts Acton’s estranged mother in spotlight as records reveal family’s troubled past
Reuters: France’s Le Pen launches presidential bid as protests rattle the nation
Mother Jones: Lula’s Surprise Win Blocks Trump’s Push for a Far-Right Brazil
Anand Giridharadas: Man in the Mirror: Hope, Struggle, and Belonging in an American City
Bloomberg: Anthropic Mum on Investment Grade as It Warns of More Debt
The Noble Update: This is going to be the biggest misallocation of capital in history
Bell System Memorial: A Capsule History of the Bell System
Enclyopedia.com: Surviving the Great Depression
Butler Eagle: How did there get to be a ‘Big 3’?
More Perfect Union: We Went To Rural Florida: The Healthcare Crisis Will Shock You
UNFTR Resources
Video: On The Record 10-27-26 (What My 99 Year Old Father in Law Taught Me About Technological Revolutions.)
Essay: Anthropic’s IPO Is Very Silly.
Video: Phone A Friend: Anand Giridharadas
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