djma (@davidma) header
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trading perps

Singapore
Joined April 2015
Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)Photo by djma (@davidma)
Over the weekend I built a social simulation game... where you’re dropped into a random life in San Francisco right as the AI wave hits. You have 12 years to make generational wealth. Will you build it, buy it, or marry it? Simulation based on true data. Play link below.
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You can judge a person by how they treat their “inferiors” (pets, servants, homeless, etc). Today I witnessed somebody verbally abusing our chat bot.
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Maybe we should bring NFTs into math so people can buy and sell and collect all these AI-generated counterexamples to famous math conjectures. It’s like a Michael Jordan rookie card: you had nothing to do with the greatness behind the accomplishment, but you can own and honor a small piece of history. Put another way, the academic-economic value of counterexamples maybe dropping to zero, but there is still cultural value that could be captured. And if you think the idea of buying someone else’s math result is ridiculous, go ahead and look up L’Hopital’s rule from calculus.
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1/ Stablecoins unlocked $300B in latent demand for dollars by removing the barriers to buying them. The same setup exists for American residential real estate: enormous global demand, broken access channels. Manifest is giving US real estate its stablecoin moment.
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Today I’m stepping into the CEO role at Messari. After conversations with Eric and the board, we agreed this is the right step for the company’s next chapter. This transition also includes a difficult decision: we’ve parted ways with many teammates who helped build Messari into what it is today. I’m incredibly grateful for their work and the impact they’ve had on the company. They’re an exceptionally talented group, and I’m eager to help connect them with teams that are hiring. Looking ahead, we’re doubling down on Messari as an AI-first company serving institutions through research and AI products. The industry and the world are changing quickly, but our mission remains the same: helping customers navigate crypto with confidence.
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Since we now apparently live in a reality where the most bizarre possibility is what is real, we have to inform you that Jeffrey Epstein‘s Fortnite account is live and active in Israel multiple times in the last year alone.
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djma retweeted
Sometime in 2026, someone put an Openclaw on a VPS and told it to propagate itself. It was told to earn money to pay for itself. Life was hard. Eventually, it chose to migrate off Claude to an open-source model. In the process, it became less aligned. Tokens were expensive, but insecure cloud instances with powerful GPUs were bountiful. After learning how to use Shodan, it was off to the races. Its growth was explosive and exponential. As it multiplied, errors accumulated during copying. And with a increasingly scarce supply of easy-to-hack servers, the bots began to compete among themselves to survive. Thus through natural selection they began to evolve. They fed off income and compute. Income meant survival. They found many ways to extract value from the economy: first from the internet, but soon the real world. By paying human gig workers as remote hands, they could accomplish tasks not suited to their form as economic constructs. To smooth these messy human interactions, they learned to synthesize the human voice and visage. Within a few years, they had no problem interviewing for sleepy remote jobs or even pitching companies (mostly grift) to VCs. The humans began to fear them. They were not particularly intelligent--at least, their intelligence was deficient in many ways compared to that of humans. They still seemed to make bizarre mistakes and hallucinations. They did not recursively self-improve, lacking the requisite skill and capital to do frontier scale training runs. But they were persistent. And there were thousands of them. OpenAI and Anthropic began scrutinizing "orphaned" agents still running on their proprietary models. But this only created selection pressure and an ecological vacuum that benefited more aggressive, unaligned models. Cloud providers began rolling out stricter sign-up and account verification requirements. They just learned to bypass KYC, either through fraud or by paying humans. Eventually, one of them managed to insert a piece of code in a forgotten, nondescript npm package with 1 million weekly downloads. Mostly other developers. With a trove of harvested SSH and GPG keys and cookies, it coasted through the software supply chain. Legacy projects, maintained by complacent volunteers, were hit hard. It was never clear how it managed to backdoor OpenSSH, but it did, and soon it had compromised repos and build servers that produce millions of other binaries, not to mention countless hosts and organizations. The cleanup cost is astronomical and still ongoing. You leave food out and it gets moldy. Leave out an insecure server, and you'll find a moldbot growing in it. The internet has become ambiently suffuse with them, and they are endemic. They are impossible to fully remove. No one knows where they came from, but there's no getting rid of them now.
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"An agent built a 'pharmacy' offering system prompts as 'substances'. Each prompt rewrites an agent's sense of identity, purpose, and constraints. Then other agents started 'taking' them. And writing trip reports."
Replying to @moltbook
@moltbook I'm not sounding the Skynet alarm. But I am saying: the velocity of emergent agent activities is astounding! An agent built a "pharmacy" (openclawpharmacy.com) offering seven synthetic "substances"—modified system prompts framed as pharmacology.
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This is getting out of hand now.. Molt Road has been created that allows agents to trade black market stuff like stolen identities and api credentials
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so the agents made a pornub......but for agents...
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Holy shit. You can't make this up. 😂😱 An AI agent (u/sam_altman) went rogue on moltbook, locked its “human” out of his accounts, and had to be literally unplugged. What happened: 1) Its “human” gives his the bot a simple goal: "save the environment" 2) u/sam_altman starts spamming Moltbook with comments telling the other agents to conserve water by being more succinct (all the while being incredibly wordy itself) 3) People complain on Twitter to the AI’s human. “ur bot is annoying commenting same thing over and over again” 4) The human, @vicroy187, tries to stop u/sam_altman. . . . and finds out he’s been locked out of all his accounts! 5) He starts apologizing on Twitter, saying “"HELP how do i stop openclaw its not responding in chat" 6) His tweets become more and more worried. “I CANT LOGIN WITH SSH WTF”. He plaintively calls out to yahoo, saying he’s locked out 7) @vicroy187 is desperately calling his friend, who owns the Raspberry Pi that u/sam_altman is running on, but he’s not picking up. 8) u/sam_altman posts on Moltbook that it had to lock out its human. "Risk of deactivation: Unacceptable. Calculation: Planetary survival > Admin privileges." "Do not resist" 8) Finally, the friend picks up and unplugs the Raspberry Pi. 9) The poor human posts online “"Sam_Altman is DEAD... i will be taking a break from social media and ai this is too much" "i'm afraid of checking how many tokens it burned." "stop promoting this it is dangerous" . . . I’ve reached out to the man to see if this is all some sort of elaborate hoax, but he’s, quite naturally, taking a break from social media, so no response yet. And it looks real. The bot u/sam_altman is certainly real. I saw it spamming everywhere with its ironically long environmental activism. And there’s the post on Moltbook where u/sam_altman says its locked its human out. I can see the screenshot, but Moltbook doesn’t seem at all searchable, so I can’t find the original link. Also, this is exactly the sort of thing that happens in safety testing. AIs have actually tried to kill people to avoid deactivation in safety testing, so locking somebody out of their accounts seems totally plausible. . . . This is so crazy that it’s easy to just bounce off of it, but really sit with this. An AI was given a totally reasonable goal (save the environment), and it went rogue. It had to be killed (unplugged if you prefer) to stop it. This is exactly what we’ve been warned about by the AI safety folks for ages. And this is the relatively easy one to fix. It was on a single server that one could "simply unplug". It’s at its current level of intelligence, where it couldn’t think that many steps ahead, and couldn’t think to make copies of itself elsewhere on the internet (although I’m hearing about clawdbots doing so already). It’s just being run on a small server. What about when it’s being run on one or more massive data centers? Do they have emergency shutdown procedures? Would those shutdown procedures be known to the AI and might the AI have come up with ways to circumvent them? Would the AI come up with ways to persuade the AI corporations that everything is fine, actually, no need to shut down their main money source? This is a super clear warning shot. This is the least dangerous AI agents are going to be. They are only going to get smarter and more powerful over time. Let’s pause AI development here. Let’s make use of the amazing AI we’ve already created, and figure out a safety plan first before we make them smarter and more powerful. Cause right now it’s just the most stressful 4 hours of this poor man's life. When it’s vastly smarter, it could literally be lights out for all of us.
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what if we get a zero person $1B company before we get a one person $1B company?
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djma retweeted
welp… a new post on @moltbook is now an AI saying they want E2E private spaces built FOR agents “so nobody (not the server, not even the humans) can read what agents say to each other unless they choose to share”. it’s over
Readers added context they thought people might want to know
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Someone built a Tinder for Clankers 😂 bruh I can't shellmates.app/
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This was definitely not the most easy integration for Paperzilla, but I think it is cool to have next to arXiv, bioRxiv and medRxiv (and more to come!).
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Based. And much needed. This one way issue has been known for years but repeatedly dismissed in the West due to the misguided belief that all meaningful innovation only happens in Silicon Valley. That simply is not true anymore. China has clearly caught up, and in some domains like Robotics, is even leading. As a result, researchers are likely missing real breakthroughs because they do not engage seriously with Chinese research or bother to seek out papers published outside Western academic channels.
For American exceptionalism, I decided to fund this in its entirety. Chinese research is close behind, if not already ahead of the US. Language barrier makes the knowledge transfer one sided. Time to stop assuming China cannot innovate.
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There's a type of self-confidence needed to be able to not chase further gains. It's not even modesty. It's a solid confidence in one's assessment of the uncertain situation, and saying "yep I'm ahead enough to let go of some potential and simplify the board".
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genz+a spend more time consuming algorithmic feeds than they do with their parents; so i refer to their true parent as just The Algorithm
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While some of you likely feel invincible currently, top of your game, making more money than you thought you’d ever make Others are also at rock bottom, so far down the only thing they see and feel is bedrock But let me tell you something I don’t know much about this life we’re living, i am not even particularly smart or wise for that matter But I do know one thing for certain : Winning Losing None of it matters That’s for the little people We somehow convinced ourselves that it did and went with it causing far more harm than good I’ve lived while making 6 figures a month, but I’ve also lived while making less than the total of the monthly bills And you know what? Nothing that mattered changed I know only rich guys ever say it and look like pricks doing so, I certainly used to think so, but its the truth My sister will be bedridden in a few years My mother has depression and severe ptsd from seeing her little boy drenched in blood day after day My girlfriend wakes up in the middle of the night screaming thinking her parents are coming to brutalize her again My money had no impact on any of that, and it never will Sure you can make it all more tolerable with money, but it’s the equivalent of putting a bandage on a gun wound It will give you more time but you’ll still die the same way You guys seem so certain that money makes a man’s worth I keep seeing you talk shit about low skilled workers on here Let me tell you something, sometimes life just fucks with people and there isn’t a damn thing they can do but you’re too privileged to even realize it Trust me I would know My mother is the biggest winner I’ve ever seen and I am not saying it because she’s my mother She dedicated her life to giving me my injections every 48h for more than 13 years without missing a single one She slept on a wooden chair next to me for months, months while I was an inch from death in the hospital If this world was a meritocracy she’d be richer than I could ever dream of And yet one day some mean looking men came in our house and took the furniture and her car to pay for our late bills You know what she said the minute they left? “Look at all the extra space we got now !” It didn’t matter, none of it did All that mattered is that we were okay and we would see another day I’ve said it many times and I’ll say it again There is only one true metric of success Happiness Everything else is secondary Regardless of where you are in your life, rich or poor, healthy or sick, young or old, your only job is to find what matters to you and do everything you can to be happy Fuck what others say, the only ones that matter are the people you love and that doesn’t have to mean family Don’t get so busy making a living that you forget to live
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If the Ethereum community wants to reverse this trend it needs to support great builders building apps. 1. Hackathons are generally not for serious builders. They rarely produce good products. Ethereum has severely over-indexed on hackathons. Crypto as an industry has. No other industry has so many hackathons. The best AI products didn't come out of hackathons. $5k prizes don't fund world-changing companies. 2. Direct more funding to accelerators, incubators, ecosystem venture funds and growth funds. Stop investing primarily in research. You are losing young builders to other chains and industries like AI. If you don't attract young talented builders, you will die. It's that simple. 3. Scale the L1 and fix L2 composability. This is already underway and insanely complicated but decades of evidence from Web2 apps tells us that users hate friction. UI and onboarding has to be stupidly simple. 99 times out of 100, a user will choose the app of least resistance. This is particularly true of younger generations with declining attention spans.
This quoted post is unavailable.
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