Let's Know Things

This week we talk about Venezuela, casus belli, and drug smuggling.We also discuss oil reserves, Maduro, and Machado.Recommended Book: Dungeon Crawler Carl by Matt DinnimanTranscriptVenezuela, which suffered all sorts of political and economic crises under former president Hugo Chávez, has suffered even more of the same, and on a more dramatic scale, under Chávez’s successor, Nicolás Maduro.Both Chávez and Maduro have ruled over autocratic regimes, turning ostensibly democratic Venezuelan governments into governments ruled by a single person, and those they like and empower and reward, over time removing anyone from power who might challenge them, and collapsing all checks and balances within the structure of their government.They still hold elections, then, but like in Russia, the voting is just for show, the outcome predetermined, and anyone who gets too popular and who isn’t favored by the existing regime is jailed or killed or otherwise neutralized; the votes are then adjusted when necessary to make it lo

This week we talk about OxyContin, opium, and the British East India Company.We also discuss isotonitazene, fentanyl, and Perdue.Recommended Book: The Thinking Machine by Stephen WittTranscriptOpioids have been used as painkillers by humans since at least the Neolithic period; there’s evidence that people living in the Iberian and Italian Peninsulas kept opium poppy seeds with them, and there’s even more evidence that the Ancient Greeks were big fans of opium, using it to treat pain and as a sleep aid.Opium was the only available opioid for most of human history, and it was almost always considered to be a net-positive, despite its downsides. It was incorporated into a mixture called laudanum, which was a blend of opium and alcohol, in the 17th century, and that helped it spread globally as Europeans spread globally, though it was also in use locally, elsewhere, especially in regions where the opium poppy grew naturally.In India, for instance, opium was grown and often used for its painkilling properties, but

This week we talk about Mach 1, the Bell X-1, and the Concorde.We also discuss the X-59, the Tu-144, and Boom Supersonic.Recommended Book: Red Team Blues by Cory DoctorowTranscriptThe term “supersonic,” when applied to speed, refers to something moving faster than the speed of sound—a speed that is shorthanded as Mach 1.The precise Mach 1 speed of sound will be different depending on the nature of the medium through which an object is traveling. So if you’re moving at sea level versus up high in the air, in the stratosphere, the speed of sound will be different. Likewise if you’re moving through moist air versus dry air, or moving through water versus moving through syrup, different speed of sound, different Mach 1.In general, though, to give a basic sense of how fast we’re talking here, if an object is moving at sea level through dry air at a temperature of 20 degrees celsius, which is 68 degrees fahrenheit, Mach 1 is about 768 miles per hour, which is about 1,126 feet per second, and 343.2 meters per second

This week we talk about robots, call center workers, and convenience stores.We also discuss investors, chatbots, and job markets.Recommended Book: The Fourth Consort by Edward AshtonTranscriptThough LLM-based generative AI software, like ChatGPT, Gemini, and Claude, are becoming more and more powerful by the month, and offering newfangled functionality seemingly every day, it’s still anything but certain these tools, and the chatbots they power, will take gobs of jobs from human beings.The tale that’s being told by upper-management at a lot of companies makes it seem like this is inevitable, though there would seem to be market incentives for them to both talk and act like this is the case.Companies that make new, splashy investments in AI tech, or which make deals with big AI companies, purporting to further empower their offerings and to “rightsize” their staff as a consequence, tend to see small to moderate bumps in their stock price, and that’s good for the execs and other management in those companies, m

This week we talk about entanglements, monopolies, and illusory money.We also discuss electrification, LLMs, and data centers.Recommended Book: The Extinction of Experience by Christine RosenTranscriptOne of the big claims about artificial intelligence technologies, including but not limited to LLM-based generative AI tech, like ChatGPT, Claude, and Gemini, is that they will serve as universal amplifiers.Electricity is another universal amplifier, in that electrifying systems allows you to get a lot more from pretty much every single thing you do, while also allowing for the creation of entirely new systems.Cooking things in the kitchen? Much easier with electricity. Producing things on an assembly line? The introduction of electricity allows you to introduce all sorts of robotics, measuring tools, and safety measures that would not have otherwise been available, and all of these things make the entire process safer, cheaper, and a heck of a lot more effective and efficient.The prime argument behind many sky-

This week we talk about trade wars, TACO theory, and Chinese imports.We also discuss negotiation, protectionism, and threat spirals.Recommended Book: More Than Words by John WarnerTranscriptIn January of 2018, then first-term US President Trump announced a slew of tariffs and trade barriers against several countries, including Canada, Mexico, and those in the European Union.The most significant of these new barriers and tariffs were enacted against China, though, as Trump had long claimed that China, the US’s most important trade partner by many measures, was taking advantage of the US market; a claim that economists tepidly backed, as while some of the specifics, like those related to intellectual property theft on the part of China, were pretty overt, the Chinese government fairly brazenly gobbling up IP and technology from US companies that do business in the country before hobbling those US interests in China and handing that IP and technology off to their own, China-born copies, claims about a trade defi

This week we talk about Electronic Arts, 3DO, and the Saudi Arabian Public Investment Fund.We also discuss Jared Kushner, leveraged buyouts, and loot boxes.Recommended Book: Bandwidth by Dan CarusoTranscriptElectronic Arts, often shorthanded as EA, was founded in 1982 in California by a former Apple employee named Trip Hawkins, who also went on to found the ill-fated 3DO company, which made video game hardware, and the somewhat more prolific, but also ultimately ill-fated casual game developer Digital Chocolate.EA, though, has been an absolutely astounding success. It’s business model was predicated on the premise of selling video games directly to retailers, rather than going through intermediaries. This allowed them to gain more market share than their competitors right off the bat, and it helped them glean higher margins than their competitors from each direct sale, too.EA also established an early reputation for treating its developers really well. They were the first gaming company to feature their devel

This week we talk about Article 4, big sticks, and spheres of influence.We also discuss Moldova, super powers, and new fronts.Recommended Book: More Everything Forever by Adam BeckerTranscriptThe North Atlantic Treaty Organization, or NATO, was originally formed in 1949 in the wake of World War 2 and at the beginning of the Cold War.At that moment, the world was beginning to orient toward what we might think of as the modern global order, which at the time was predicated on having two superpowers—the US and the Soviet Union—and the world being carved up into their respective spheres of influence.NATO was formed as the military component of that protection effort, as the Soviets (and other powers who had occupied that land in the past) had a history of turning their neighbors into client states, because their territory provides little in the way of natural borders. Their inclination, then, was to either invade or overthrow neighboring governments so they could function as buffers between the Soviet Union and i

This week we talk about corruption, influencers, and pro-monarchy protests.We also discuss Nepalese modern history, Gen Z, and kings.Recommended Book: Superagency by Reid Hoffman and Greg BeatoTranscriptThe Federal Democratic Republic of Nepal, usually referred to as just Nepal, is a country located in the Himalayas that’s bordered to the northeast by China, and is otherwise surrounded by India, including in the east, where there’s a narrow sliver of India separating Nepal from Bhutan and Bangladesh.So Nepal is mostly mountainous, it’s landlocked, and it’s right in between two burgeoning regional powers who are also increasingly, in many ways, global powers. Its capital is Kathmandu, and there are a little over 31 million people in the country, as of 2024—more than 80% of them Hindu, and the country’s landmass spans about 57,000 square miles or 147.5 square kilometers, which is little smaller than the US state of Illinois, and almost exactly the same size as Bangladesh.Modern Nepal came about beginning in the

This week we talk about stablecoins, crypto assets, and conflicts of interest.We also discuss the crypto industry, political contributions, and regulatory guardrails.Recommended Book: Throne of Glass by Sarah J. MaasTranscriptA cryptocoin is a unit of cryptocurrency. A cryptocurrency is a type of digital currency that uses some kind of non-central means of managing its ledger—keeping track of who has how much of it, basically.There have been other types of digital currency over the years, but cryptocurrencies often rely on the blockchain or a similarly distributed means of keeping tabs on who has what. A blockchain is a database, often public, of users and a list of those users’ assets that’s distributed between users, and it makes use of some kind of consensus mechanism to determine who actually owns what.Some cryptocurrencies ebb and flow in value, and are thus traded more like a stock or other type of non-fixed, finite asset. Bitcoin, for instance, is often treated like gold or high-growth stocks. NFTs, si

This week we talk about cyberespionage, China, and asymmetrical leverage.We also discuss political firings, hardware infiltration, and Five Eyes.Recommended Book: The Fourth Turning Is Here by Neil HoweTranscriptIn the year 2000, then-General Secretary of the Chinese Communist Party, Jiang Zemin (jong ZEM-in), approved a plan to develop so-called “cyber coercive capabilities”—the infrastructure for offensive hacking—partly as a consequence of aggressive actions by the US, which among other things had recently bombed the Chinese embassy in Belgrade as part of the NATO campaign in Yugoslavia.The US was a nuclear power with immense military capabilities that far outshone those of China, and the idea was that the Chinese government needed some kind of asymmetrical means of achieving leverage against the US and its allies to counter that. Personal tech and the internet were still relatively young in 2000—the first iPhone wouldn’t be released for another seven years, for context—but there was enough going on in the

This week we talk about the RSF, coups, and the liberal world order.We also discuss humanitarian aid, foreign conflicts, and genocide.Recommended Book: Inventing the Renaissance by Ada PalmerTranscriptIn 2019, a military government took over Sudan, following a successful coup d'état against then-President Omar al-Bashir, who had been in power for thirty years. al-Bashir’s latter years were plagued by popular demonstrations against rising costs of living and pretty abysmal living standards, and the government lashed out against protestors violently, before then dissolving local government leaders and their offices, replacing them with hand-picked military and intelligence officers. After he responded violently to yet another, even bigger protest, the military launched their coup, and the protestors pivoted to targeting them, demanding a civilian-run democracy.Just two months later, after unsuccessful negotiations between the new military government and the folks demanding they step aside to allow a civilian go

This week we talk about General Motors, the Great Recession, and semiconductors.We also discuss Goldman Sachs, US Steel, and nationalization.Recommended Book: Abundance by Ezra Klein and Derek ThompsonTranscriptNationalization refers to the process through which a government takes control of a business or business asset.Sometimes this is the result of a new administration or regime taking control of a government, which decides to change how things work, so it gobbles up things like oil companies or railroads or manufacturing hubs, because that stuff is considered to be fundamental enough that it cannot be left to the whims, and the ebbs and eddies and unpredictable variables of a free market; the nation needs reliable oil, it needs to be churning out nails and screws and bullets, so the government grabs the means of producing these things to ensure nothing stops that kind of output or operation.That more holistic reworking of a nation’s economy so that it reflects some kind of socialist setup is typically ref

This week we talk about flesh-eating screwworms, weeds, and the US cattle industry.We also discuss genetic modification, procreation, and tsetse flies.Recommended Book: 1177 BC by Eric H ClineTranscriptThe term ‘autocidal control‘ refers to a collection of techniques that are meant to control populations of some type of living thing, animal or plant, by disrupting their procreationary capacity.So rather than attempting to control pest by spraying poisons all over the place, or controlling plants you consider to be invasive weeds by launching huge weed-pulling efforts in the afflicted areas, you might instead figure out how to keep this current generation of pests and weeds from having as many offspring as they might otherwise have, and then repeat the process with the next generation, and the next, and so on, until the unwanted species is either eradicated in the relevant region, or reduced to such a small number that its presence is no longer such a big deal.There are all kinds of approaches one might take i

This week we talk about tech bubbles, building moats, and infrastructure investment.We also discuss capital expenditure, data centers, and employee compensation.Recommended Book: The Art of Gathering by Priya ParkerTranscriptMany technology booms have early periods in which innovators have a first-mover advantage, and a lot of what happens in their industry is informed by the decisions those innovators make.After that—depending on the technology, but this is common enough to be considered a trend—after that there tends to be a period of build-out and consolidation amongst the people and business entities that survived that initial, innovation-focused throw-down.In the context of personal computers, this moment saw computer-makers like Microsoft and Apple scramble to pivot from figuring out what an operating system should look like and whether or not to use mice to navigate user interfaces, to a period in which they were rushing to scale-up the manufacture of now-essential, but previously comparably rare compo

This week we talk about surge pricing, Walmart, and the Robinson-Patman Act.We also discuss personal data, AC settings, and Delta’s earnings call.Recommended Book: How the World Became Rich by Mark Koyama and Jared RubinTranscriptThe US Robinson-Patman Act of 1936 is also called the Anti-Price Discrimination Act, and it was passed to make it illegal for a product supplier to charge different prices to different customers.So a company that makes candy bars wouldn’t be allowed to charge one price to most of their customers, all the smaller and mid-sized convenience stores and mom-and-pop grocery stores, for instance, and then a lower price to the big stores, the Walmarts and Amazons of the world.The concern was that these larger players, which at the time this law was passed were burgeoning grocery stores like A&P, would be able to achieve a monopolistic position in the market for these goods, these slightly lower prices giving them one more advantage over their smaller competitors.During the four decades o

This week we talk about lobbying, Steam, and adult-themed games.We also discuss cultural influence, extreme ideologies, and itch.io.Recommended Book: Limitarianism by Ingrid RobeynsTranscriptIn mid-July of 2025, Valve, the company behind the gaming platform Steam, announced that it was tightening its adult-only content guidelines, its not-safe-for-work content, basically, following pressure by the payment processing companies it works with.Its new policy even says that “content that may violate the rules and standards set forth by Steam’s payment processors and related card networks and banks, or internet network providers” is not allowed on Steam’s network, which in practice means these games will be more difficult to find and purchase, because of Steam’s prominence in the non-console gaming space.About a week later, the founder of Itch.io, another gaming marketplace that’s similar in some ways to Steam, as it allows creators to sell their games to folks who use the platform, but which is a bit smaller and m

This week we talk about the PKK, Turkey, and the DEM Party.We also discuss terrorism, discrimination, and stateless nations.Recommended Book: A Century of Tomorrows by Glenn AdamsonTranscriptKurdistan is a cultural region, not a country, but part of multiple countries, in the Middle East, spanning roughly the southeastern portion of Turkey, northern Iraq, the northwestern portion of Iran, and northern Syrian. Some definitions also include part of the Southern Caucasus mountains, which contains chunks of Armenia, Georgia, and Azerbaijan.So this is a sprawling region that straddles multiple nations, and it’s defined by the presence of the Kurdish people, the Kurds, who live all over the world, but whose culture is concentrated in this area, where it originally developed, and where, over the generations, there have periodically been very short-lived Kurdish nations of various shapes, sizes, and compositions.The original dynasties from which the Kurds claim their origin were Egyptian, and they governed parts of n

This week we talk about AI therapy chatbots, delusions of grandeur, and sycophancy.We also discuss tech-triggered psychosis, AI partners, and confident nonsense.Recommended Book: Mr. Penumbra's 24-Hour Bookstore by Robin SloanTranscriptIn the context of artificial intelligence systems, a hallucination or delusion, sometimes more brusquely referred to as AI BS, is an output usually from an AI chatbot, but it can also be from another type of AI system, that’s basically just made up.Sometimes this kind of output is just garbled nonsense, as the AI systems, those based on large language models, anyway, are essentially just predicting what words will come next in the sentences they’re writing based on statistical patterns. That means they can string words together, and then sentences together, and then paragraphs together in what seems like a logical and reasonable way, and in some cases can even cobble together convincing stories or code or whatever else, because systems with enough raw materials to work from hav

This week we talk about crawling, scraping, and DDoS attacks.We also discuss Cloudflare, the AI gold rush, and automated robots.Recommended Book: Annie Bot by Sierra GreerTranscriptAlongside the many, and at times quite significant political happenings, the many, and at times quite significant military conflicts, and the many, at times quite significant technological breakthroughs—medical and otherwise—flooding the news these days, there’s also a whole lot happening in the world of AI, in part because this facet of the tech sector is booming, and in part because while still unproven in many spaces, and still outright flubbing in others, this category of technology is already having a massive impact on pretty much everything, in some cases for the better, in some for the worse, and in some for better and worse, depending on your perspective.Dis- and misinformation, for instance, is a bajillion times easier to create, distribute, and amplify, and the fake images and videos and audio being shared, alongside all