Lee Edwards @ledwards
Partner, webmaster, social media intern @RootVC. Chill technical investor in devtools & AI. Former software eng, CTO & tshirt model. @olincollege. he/him đłď¸âđ root.vc Oro en paz, fierro en guerra Joined May 2008-
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Do this but then also for every person who is on city payroll.
San Franciscoâs effort will shift homeless services provider contracts to an outcomes-driven model that will incorporate performance metrics into how city funding is spent. sfchronicle.com/sf/article/homâŚ
I just got @ledwards from the X Handle Marketplace! Get your own at handles.x.com And honestly I regret it. RIP teenage gamer handle.
âopenai should pay its taxesâ is a coherent position âopenai should pay its taxes, then personally build our housing and run our schools because city hall didnâtâ is not but thatâs the argument being by the sf gate in this article the funniest part is that if openai actually did it, the backlash would be immediate build 1000 apartments in the mission? gentrification start a school? billionaires shouldnât control education fund a hospital? keep tech out of healthcare we donât even have to speculate. weâve run this experiment already zuck gave $100m to newark schools and got attacked for billionaire influence over public education he and priscilla chan gave $75m to sf general, the largest private gift in its history. a few years later, people were protesting to get his name off the hospital ray dalio put $100m toward helping connecticutâs poorest students. the public-private partnership collapsed amid fights over transparency and private influence so what exactly is the acceptable option here? pay taxes? apparently not enough directly solve the problem? unacceptable corporate influence give the government even more money? thatâs just taxes again if sf takes hundreds of millions from openai and still canât deliver housing or education, the obvious question is what happened to the hundreds of millions not why openai hasnât started running schools and building apartments itself
OpenAI and Anthropic are ruining San Francisco sfgate.com/local/article/âŚ
1987 đ
Once Seen as a Sure Thing, Computer Science Has Lost 53,000 Majors or 8.4% chronicle.com/article/once-sâŚ
@JashSayani We are a small city, only 800k people. There are much larger cities with much better services.
âOpenAI has contributed $236 million in gross receipts taxes over the past several years.â This is about 4x what theyâd pay under NYC tax code. At some point, progressivism is going to have to address the fact that we have gobs of money but no ability to turn it into outcomes.
OpenAI and Anthropic are ruining San Francisco sfgate.com/local/article/âŚ
@captgouda24 (Please nobody actually do this, itâs terrible idea.)
@captgouda24 Bonus: gets Connie Chan out of San Francisco.
@lcwhitlock14 I donât think thereâs a force that would stop prices from falling below the current level. For a builder, the point of comparison would be the cost of land, construction, financing, etc - not the price of the home under the old market.
@MikeSullivanSF Defenders of the bank point out that there is a successful public bank. Iâd like to pint out there is only one public bank remaining, after the other ones failed.
âBut North Dakota has a public bankâ is my favorite argument for this because it defeats itself. Yes, North Dakota is the last remaining public bank in the United States. A failure rate of 91%. No municipality has ever established a public bank in the United States.
Attention common sense San Franciscans. Press Conference tomorrow w/ @SFNoPropB - Join in on the fight to defeat bad policy. It starts tomorrow. Details below.
@stefanoscalia And far left rags like this one who convinced the average leftist to vote alongside the boomer homeowners.
@JashSayani This is one way to think about it, but I actually do think we should have high quality services in this city.
@DDrolapas âAnyway articles like this are top of the market signals.â Um.
@lcwhitlock14 So much of recovery was credited to these labs and their in-person policy. So much so that some people say Lurie did nothing, it was all OpenAI. There is no earthly answer to housing cost following wealth creation in a city other than to simply build more housing.
We could debate the point of comparison endlessly. I picked a high tax city to be generous. There are other cities that tax far less. I couldnât find one that would tax more. The point remains. We tax business very highly. What are 800k residents getting for our $17B?
@AeonCoin And youâre still a worthless cryptocurrency nobody gives a shit about.
@AeonCoin The article quotes GRT only and lifetimes so you might commit the error of thinking thatâs evenly divided over several years. Because of OpenAIâs insane revenue growth, itâs actually backloaded heavily. The reason NYC taxes less is it looks at profit rather than gross receipts.
Sheel Mohnot @pitdesi
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T Wolf đ @Twolfrecovery
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The Marina Times âľďż˝... @TheMarinaTimes
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