Robert Shiller coined narrative economics, arguing that stories drive economic behavior. I think we are in a new iteration of all of this where the stories aren't just influencing economic activity, they are the economic activity. Attention is a precursor to wealth (in many ways) and speculation drives it.
According to a draft of an unpublished Substack post, his newest plan is to promote Urbit as an élite private club whose members, he believes, are destined to become “the stars of the new public sphere—a new Usenet, a new digital Athens built to last forever.”
If a technology has emancipatory potential, it is not the would-be feudal lords who will realize it: It is the community of power-users, the weirdos and dreamers—working together—who will bring it to fruition.
We’re looking at what’s going on in the world and using words to help people make sense of it. It’s ultimately a service to the reader — here’s what’s happening out there, why it’s important, and what it means for you.
A decade ago, lorecraft was largely limited to edgelords haunting online fora thinking up the next troll for lulz and electoral mayhem. Now lorecraft is being used to manage treasuries worth millions, launch complex commercial projects, and design automation deathstars for fun and profit.
That Silicon Valley is now mostly ancient history. Today, the tech has become harder, the perks are fewer and the mood has turned more serious. The nation’s tech capital has shifted into its artificial intelligence age — some call it the “hard tech” era — and the signs are everywhere.