Frank Smith (@frank_smith1111)

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Frank Smith @frank_smith1111

Jun 29

I just donated to Scott Wiener's campaign. Last weekend clarified the November race better than any op-ed could. Connie Chan has built a strange horseshoe coalition: conservatives who want San Francisco frozen in amber, cars, unaffordable housing and all, and a radical fringe that would rather perform than govern. Two very different aesthetics, one clear allergy to real progress. But beyond politics, Chan has shown a character problem. As a supervisor, she opposed police funding. Then, when her own neighborhood became ground zero for elderly Asian residents being robbed, she ran to London Breed, literally in tears, accusing her of starving the Richmond of police officers. The lack of self-awareness and accountability was stunning. Now, I've been critical of Scott before, particularly on public safety. His policies, particularly his support of prop 47, have had real flaws in my opinion. But unlike Chan, he's delivered meaningful legislation on housing, affordability, and public transit: things that actually shape how San Francisco functions. And last weekend, he showed something harder to register: character. Faced with genuinely hostile behavior, he didn't lose his composure or cave to the moment. He calmly removed himself from the situation, then came back to reaffirm his support for the very community that had confronted him. That's the kind of steadiness and moral compass sorely missing from a Congress that has grown increasingly servile to the President. Vote for @Scott_Wiener!

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Frank Smith @frank_smith1111

10h

9 out of 12 industrialized countries who tried a wealth tax ended up repealing it, per the NYT. That includes France, the country the proponents of the California wealth tax come from. The reason is quite simple. Billionaires just move to a different state or country and all that remains is a hollowed out tax base. This appears to have already at least in part happened in California. What more proof do you need? This is a catastrophic tax for the state of California. Whether you are a conservative pr a liberal, you should reject it. Plain and simple.

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Frank Smith reposted

T Wolf 🌁

@Twolfrecovery

20h

What the Socialists fail to understand is that the only game in town economically is tech. If we kick them out, then the money San Francisco spends subsidizing this person's housing dries up and he'll be homeless again. @garrytan

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Frank Smith reposted

evan (thebc12.base.eth)

@thebc12

Jul 4

One day in nyc.

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Frank Smith @frank_smith1111

Jul 3

Ro Khanna’s $50M wealth tax debate is a false binary. Both camps want you to believe the only choice is: seize assets and tax unrealized wealth, or gut Medicare to fund tax cuts for the top 0.1%. There’s a third path: close the loopholes (loans-against-stock), tax realized gains properly, and fix Medicare fraud/waste instead of benefits. No extremism required.

Ro Khanna

@RoKhanna

Jul 2

I make the philosophical case for tax fairness and taxing billionaire wealth. I welcome an argument on the merits for this new social contract. Read here: open.substack.com/pub/rokhan…

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Frank Smith @frank_smith1111

Jul 2

LEGALIZE HOUSING sfchronicle.com/bayarea/arti…

California strips Bay Area city of local housing control over delays with massive development

The ruling comes from the city’s delays over the development of its massive Baylands project.

sfchronicle.com

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Frank Smith @frank_smith1111

Jul 2

This feels wildly exaggerated. The reality is this guy owes much of his wealth to the models that have powered his ontology. And last time I checked Anthropic was worth $900B 5 years after being founded. Palantir: $300B 23 years after being founded. These tech CEOs need to chill out, bro.

Ricardo

@Ric_RTP

Jul 1

Palantir's CEO just exposed Sam Altman and Dario Amodei for robbing every Fortune 500 company. Within two minutes, Alex Karp took the entire frontier AI industry apart on national television. His exact words: "Every single enterprise in this country, these people are LIVID. They are paying for tokens that create no value. These people are stealing the weights and alpha of my business." He literally said the entire frontier AI business model is intellectual property extraction dressed up as a subscription. Then he also destroyed the pricing model with a single question that Silicon Valley still refuses to answer: "If it was so valuable, let's say I can make you $1 billion tomorrow. Wouldn't I say I'll make you $1 billion and I want 30 percent? Why are they charging for tokens if it's so valuable?" That question breaks the industry. If OpenAI and Anthropic's models truly delivered the productivity gains the labs claim, they would take equity or a share of the profit they generate. They would not sell access by the million tokens. Token pricing is itself the CONFESSION that the product cannot produce reliable value at scale. If it did, they would price for the value. But they price for the compute because that is what they are actually selling. Karp went even further... He called the entire arrangement "a wealth tax that does not help the poor. It just punishes." American businesses are transferring the alpha of their operations, meaning the workflows, the customer data, the strategy memos, the internal models that make them competitive, directly into the training pipelines of a handful of Silicon Valley labs. Once those labs retrain, the customer's own edge becomes the next enterprise product sold back to their competitors. And the part the AI industry does not want anyone thinking about: Every enterprise running its confidential documents, its customer conversations, and its financial models through a frontier model is potentially teaching that model HOW to replace them. The vendor collects the token fee AND the compounding intelligence about that customer's business. That is the mechanism. And that is why Karp used the word "stealing." He claims this is why every executive he meets is furious in private and silent in public. Nobody wants to be the CEO who called out the labs and then discovered their next competitor was built on their own leaked workflows. The entire AI industry has been priced for perfection on one assumption: That frontier labs produce durable, defensible value that justifies infinite compute spend. But Karp just told us that the customers do not believe that assumption anymore. They believe they are being taxed without benefit, watched without consent, and copied without recourse. The moment enterprises stop believing, the whole valuation stack shakes.

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Frank Smith @frank_smith1111

Jul 1

This is very quickly explained by thinking that this is a 1ce every few hours task that DOES NOT warrant a dedicated robot. Humanoids can automate the 20-30% of low-volume / high-mix repetitive tasks that currently require a human. These are still hard to fill jobs as fewer people want to work in factories. Humanoids are perfect for this use case as they can adapt to the existing environment and can generalize across tasks. They will also hands down beat specialized robots on cost due to economies of scale and ability to 0-shot on novel tasks without the need for system integration.

Kane 謝凱堯

@kane

Jun 30

I feel like I'm taking crazy pills. Why does this need a humanoid? Why so many degrees of freedom? They've automated an employee with a drinking on the job problem.

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Frank Smith @frank_smith1111

Jun 30

Also… heck of a word salad

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Frank Smith @frank_smith1111

Jun 30

Connie Chan managed to condemn what happened to Scott Wiener while somehow centering the message on her own victimhood. The incident was about him. The statement was about her. Pathetic leader.

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Daniel Lurie 丹尼爾·羅偉

@DanielLurie

Jun 29

There is something special about San Francisco and Pride. Today, everywhere you looked, people were showing up for their community, for each other, and for love. This city is a beacon for those seeking to live freely and authentically. Today was a continuation of that legacy. Happy Pride, San Francisco.

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Frank Smith @frank_smith1111

Jun 29

The right is using the Scott Wiener incident as “the left tasting its own medicine.” But let’s be clear: this was the act of a few individuals with known mental issues: not representative of the LGBTQ community. And if you really want to have the medicine-tasting discussion, let’s start with January 6th.

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Frank Smith @frank_smith1111

Jun 28

Scott Wiener has been a staunch advocate of LGBTQ rights, almost to a fault, at times. Chasing him away at an LGBTQ event is ignorant and counterproductive.

Ari Drennen

@AriDrennen

Jun 27

No politician is perfect but I really believe it is a mistake for the trans community to slam the door on anybody who wants to stand with us in this particular moment.

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Frank Smith @frank_smith1111

Jun 27

I never supported @Scott_Wiener but seeing these deranged, illiberal individuals chase him away while shouting antisemitic slogans just makes me want to side with him.

Justin Gordon @Justin_G0rd0n

Jun 27

SF has become a moderate city. The extremist left is big mad about it and they’re taking their anger out on far right…Scott Weiner?!

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Frank Smith @frank_smith1111

Jun 27

Only the most deranged radical leftists could believe that a video of Scott Wiener being chased away by people in balaclavas and keffiyehs shouting obscenities would lead the overwhelming majority of San Francisco voters to think: "Hmm, maybe I should vote for Connie Chan”

SAD FRANCISCO @sadfrancisco69

Jun 27

Scott Wiener was briefly in Dolores Park before Trans March today

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Bilal Mahmood 馬百樂

@bilalmahmood

Jun 25

50 years of bad policy decisions have led us to the housing affordability crisis we are in today in San Francisco. Downzoning of our city's west side effectively banning new construction. Environmental laws that were weaponized to block new housing where it was permissable. And federal laws which choked off the pipeline of affordable housing. We're finally cleaning up this policy debt. Mayor Lurie passed the Family Zoning Plan last year to upzone the West Side. I introduced CEQA reform laws to stop the weaponization of environmental review against new construction. And Supervisor Melgar has introduced a measure to expand the Affordable Housing Trust Fund. All of these initiatives are necessary, and none sufficient by themselves. But together, we have a chance to jumpstart housing again in San Francisco.

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Frank Smith @frank_smith1111

Jun 26

NIMBYs blame luxury condos, but the reality is that SF is paying the price of a massive housing production shortfall in the 80s, 90s and 2000s. We simply stopped building housing because of NIMBY and environmental policies. And we never made up for it. We could double production from here and we’d still come up short. The data is as clear as day.

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MissionLoco @MissionLoco

Jun 25

It breaks my heart that we live in divisive times. But it also mends my heart to see the truth, like in this picture. I see this everywhere I go, especially with young guys who probably formed their tight bonds in high school & college sports. Usually there’s a Latino dude, too.

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Frank Smith reposted

Westinghouse Nuclear

@WECNuclear

Jun 23

A big step toward deploying a fleet of 10 AP1000® reactors in the United States happened today thanks to U.S. Energy @SecretaryWright, who announced up to $17.5 billion in federal loans for the purchase of the most complex components of new nuclear power plants. Advanced procurement of these long-lead time items (LLIs) can accelerate construction and commercial operation by upwards of three years. We’re proud to be working with the U.S. Department of @ENERGY's @DOE_EDF to strengthen nuclear supply chains, reduce costs and accelerate deployment of AP1000 reactors, the only fully designed and licensed advanced reactors operating in the United States today.

U.S. Department of Energy

@ENERGY

Jun 23

x.com/i/article/206942474719…

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chris keefer

@Dr_Keefer

Jun 25

Hadron, the recently IPO'd micro reactor version of NuScale is not ok. "Hadron Energy, with its young founder, seasoned advisors, and ambitious SPAC trajectory, embodies many of the hopes currently being projected onto the American nuclear startup sector. It is perhaps the clearest example yet of how the United States is trying to innovate its way around the absence of a functioning nuclear industrial base. The notion that a startup can mobilize capital, licensing expertise, fabrication capacity, and a stable vendor ecosystem at a pace that outstrips state-directed industrial programs like the RITM-200 driven efforts to open Russia’s arctic is not supported by historical or contemporary evidence. None of this is a critique of Hadron’s sincerity or effort. Rather, it is an indictment of the “post industrial” environment in which the company operates. A young founder in the USA may believe that nuclear success is a matter of personal drive, when the real bottlenecks are the decadal loss of nuclear megaproject management skills, construction productivity, ASME N stamped fabrication, NQA 1 supply chain and heavy forging availability. The broader narrative of nuclear as a startup frontier, is therefore less a reflection of genuine opportunity than of a country that has let core industrial capabilities atrophy and now tries to outsource state capacity to private ambition." For the full essay see link in replies.

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