Entropy, a decentralized crypto custodian that raised a $25M seed led by a16z in June 2022, is shutting down after "several pivots, and two rounds of layoffs" (Zack Abrams/The Block)
https://www.theblock.co/post/386942/entro…
Fediverse Punk Month — We can grow something better!
We invest too much of our culture in centralized, for-profit, corporate social media platforms. These platforms enrich billionaires, expand surveillance, and fund the cult of capitalist war, all while trapping us with addictive algorithms that feed us mindless content. […]
— by @…<…
Vurt, a mobile-first vertical streaming platform designed for indie filmmakers to upload their micro series or feature films, launches with 100 episodes (Lauren Forristal/TechCrunch)
https://techcrunch.com/2026/03/17/vurt-mobile-first-v…
The federal government’s revenue base is essentially a tax on human time. People work, firms pay them, the government takes a cut. Individual income and payroll taxes are the spine of receipts in normal years.
Indeed. Collapse in the labour economy causes a financial state collapse when the state is funded by a tax on labour.
Productivity is surging, but the gains are flowing to capital and compute, not labor.
Which would ideally mean you tax compute and capital but how's that work when compute and capital own the government already?
The output is still there. But it’s no longer routing through households on the way back to firms, which means it’s no longer routing through the IRS either.
Is building an LLM inherently problematic? Not necessarily, but there's no good way to do it under capitalism. Is using an local LLM funding these evil companies? No. It's not.
Spelling and grammar checking is one of the few uses of LLMs that is not based on fundamentally failing to understand what an LLM actually is. A statistical model is gonna be *really good* at flagging things that are probably typos (low probability areas). There will be false positives, which is fine if you're actually paying attention...
Capitalists are the reason people become socialists.
https://www.ign.com/articles/ea-lays-off-staff-across-all-battlefield-studios-following-record-breaking-battlefield-6-launch
Lawmakers on Capitol Hill are accusing the Justice Department of
covering up the names of co-conspirators of the deceased sex offender Jeffrey Epstein
as fallout from the Epstein files grows across the globe.
Millions of pages remain unreleased.
As many prominent U.S. figures evade accountability following mentions in the Epstein files,
a number of European figures have resigned for their relationships with Epstein.
“The most extraordinary and worrying …
Filing: Samsung says it plans to spend ~$73.3B on capital expenditure and research in 2026, up from ~$60B in 2025, and pay ~$6.5B in regular dividends (Reuters)
https://www.reuters.com/business/samsung-electronics-plans-over-7…
Bluesky raised a $100M Series B led by Bain Capital Crypto in April 2025, following a $15M Series A in 2024 and an $8M seed in 2023; it now has over 43M users (Sarah Perez/TechCrunch)
https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-af…