Fraser Harris
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fjharris.bsky.social
Fraser Harris
@fjharris.bsky.social
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We are living in science fiction: the Earthlings commit ~0.3% of global capital investment to building a super intelligence ($80B / $27.2T)

For comparison, to get to the moon NASA's budget peaked in 1966 at ~0.9% of global capital investment ($5.9B / ~$675B in today $s).
January 10, 2025 at 5:31 PM
Reposted by Fraser Harris
"In 1985, the CTA’s Final [environmental impact statement] for the Orange Line ran 378 pages. The 2022 Final EIS for the Red Line Extension is 50 times longer, at 17,899 pages. That’s for a project that’s half as long." citythatworks.substack.com/p/chicagos-s...
Chicago’s state capacity crisis
It’s getting harder and harder for government to get things done
citythatworks.substack.com
December 3, 2024 at 2:59 PM
Re Department of Government Efficiency -- in any sufficiently complex organization that has evolved over time, some functions & activities are unnecessary (outlived their utility + scope creep) AND knowing which those are is extremely difficult from the top.
November 13, 2024 at 4:26 AM
The whole narrative of buying Greenland from Denmark is hilariously out of touch with self-determination of native peoples, which the US is not terribly familiar with.
November 10, 2024 at 4:30 PM
EU's draconian AI regulations are guaranteed to quickly widen the technology adoption gap between EU & US firms, which will show up as widening labor productivity & GDP per person www.siliconcontinent.com/p/the-strang...
The Strange Kafka World of the EU AI Act
The regulation needs repealing
www.siliconcontinent.com
November 4, 2024 at 6:06 PM
The scale of Goggle/Microsoft/Meta/AWS data center CapEx is staggering. ~$60B in Q3. US just dominating. Even Tesla ($3.5B in Q3) is exceeding ex-US largest investments: Alibaba & Tencent each spending ~$1.5B / Q on CapEx. ByteDance in same ballpark?
November 1, 2024 at 6:38 PM
Reposted by Fraser Harris
Check out this recent beauty in Oslo.
October 19, 2024 at 3:34 PM
Reposted by Fraser Harris
October 11, 1924. One hundred years ago tomorrow, New York’s Judge Cobb went off topic:
- “‘Jay walker’ … is in effect a smoke screen to give the automobile violators an alibi.”
October 10, 2024 at 1:37 PM
California is putting the cart before the horse on residential electric conversion with electricity at $0.50 / kWh, 3.5x the national average. Doesn't make any financial sense for houses to switch www.yahoo.com/news/switchi...
Switching California from gas to electricity, one neighborhood at a time
Over the next few years, residents of select California neighborhoods may start getting phone calls and mailers from gas utilities and community organizers offering an unexpected proposition: Would yo...
www.yahoo.com
September 18, 2024 at 4:06 PM
Lead paint banned in 1978. Leaded gasoline banned in 1996.
November 16, 2024 at 9:07 AM
This is crazy: staged robberies to get preferential immigration status. 2 - 3 times per week for at least 2 years, with multiple immigrants at a robbery. Cops got suspicious because the crew was too professional https://cwbchicago.com/2024/05/chicago-fake-robbery-visa-scam.html
November 16, 2024 at 9:07 AM
.@bgurley's fantastic talk on how regulatory capture kills innovation is required viewing for entrepreneurs. A Hippocratic Oath for lawmakers to "do no harm" is a great idea https://www.youtube.com/watch?v=F9cO3-MLHOM
November 16, 2024 at 9:15 AM
$12B just to avoid inconveniencing some businesses for a few years... it is unbelievable that the federal & state governments are going along with this...
November 16, 2024 at 9:15 AM
Reading about City of Oakland's government incompetence is infuriating. We need a city council that focuses on getting the basics of public safety & roads functioning https://oaklandside.org/2024/02/26/oakland-has-fallen-way-behind-schedule-in-paving-roads/
Oakland has fallen way behind schedule in paving roads
Oakland is expected to fall 40% short of its 55-mile per ...
oaklandside.org
November 16, 2024 at 9:23 AM
15% under a $2.58B budget is an incredible achievement given the status quo of large government projects greatly exceeding budget. Congratulations @SFBART https://www.bart.gov/news/articles/2024/news20240110-1
Fleet of the Future now projected to come in hundreds of ...
www.bart.gov
November 16, 2024 at 9:31 AM
Canadian Gov is trying to force tech giants to pay for links to Canadian news. This will just drive more US content to Canadians
https://www.searchenginejournal.com/google-removes-canada-news-links-bill-c-18/490482/
Google Removes Canada News Links In Response To Online Ne...
Learn about the Online News Act "link tax" that led Googl...
www.searchenginejournal.com
November 16, 2024 at 9:31 AM
I presume the Fed can't keep increasing its balance sheet forever & am unclear on what that end will look like. I am certain whenever this ends, we will look back and say "it was so obvious this was going to happen"

https://fred.stlouisfed.org/series/WALCL
November 16, 2024 at 9:38 AM
"The thing that has surprised me most about Netflix is their struggles to get better at [creating great content]"

It's an interesting thought - why hasn't Netflix attempted to build space opera or fantasy universes with multiple supporting shows/films?...
November 16, 2024 at 9:38 AM
Banning non-competes is *so* obviously a good thing for workers & competition. The mobility of workers is foundational to Silicon Valley. Non-competes from Amazon & Microsoft drag down the much smaller startup ecosystem in Seattle....
November 16, 2024 at 9:47 AM
.@bennstancil is 🎯. How we deal with this at Fivetran is firing targeted Slack alerts to both the source & analytics owners when raw data tests fail so they can react quickly. We should really productize this b/c it's so effective... https://benn.substack.com/p/data-contracts
Fine, let's talk about data contracts
I agree that disagreement is a problem, but disagree that...
benn.substack.com
November 16, 2024 at 9:55 AM
Which coincidentally will push Russia towards acquiring narrow-body airliners from COMAC, China's nascent Boeing & Airbus competitor
https://www.reuters.com/business/aerospace-defense/russia-says-china-refuses-supply-aircraft-parts-after-sanctions-2022-03-10/
reuters.com
www.reuters.com
November 16, 2024 at 10:04 AM
The Canadian government has every right & power to remove the trucker protesters by force. PM Trudeau lacks the fortitude, and instead opted to normalize financial de-platforming, *even for people not present*! This vast overreach of power will be used against other protestors.
November 16, 2024 at 10:04 AM
The Canadian government's financial de-platforming of individual donors to the trucker protests is greatest attack on freedom of speech in my lifetime. Cancellation is now government policy, and can be used against anyone with wrongthink...
November 16, 2024 at 10:12 AM