They are especially unreal if their fortune was built on cryptocurrency and NFTs. One of the big players was this curly-haired guy, Sam Bankman-Fried, whose wealth has experienced a catastrophic roller coaster ride.

Sam Bankman-Fried’s fortune has been erased as his assets become essentially worthless, according to the Bloomberg Billionaire Index.

And that came before FTX and its affiliates filed for Chapter 11 bankruptcy early Friday.

At its peak, his net worth was $26 billion and still stood at $16 billion on Monday. But by Wednesday it had shriveled to $1 billion, according to Bloomberg.

By late Thursday, it was gone. The Bloomberg Billionaires Index put the value of FTX’s US business at just $1 — down from $8 billion after a January fundraising round — due to a potential trading halt. Bankman-Fried owns roughly 70% of FTX US.

In addition, his $500 million in Robinhood stock was stripped from his net worth figure after Reuters reported it was held by Alameda Research, the crypto trading firm he founded, and may have been used as collateral for loans.

Earlier in the week, Bloomberg had assigned a $1 valuation to Alameda. On Thursday, Bankman-Fried said he is shutting down Alameda.

That’s amazing. $26 billion just evaporated into thin air. He’d spent millions putting his company name on sports arenas and teams before everything went poof, and he had to have known the company was worthless. So much jiggery-pokery was going on to prop up an empty shell, and now it has all collapsed. It does my heart good.

Next billionaire on the chopping block: Elon Musk. He’s desperately flailing about, selling off Tesla stock to keep his latest acquisition afloat, and it should be obvious to everyone by now that he’s an incompetent businessmen, a bad clown juggling his inherited wealth clumsily to acquire an unwarranted reputation and an inflated net worth. The ongoing Twitter debacle is illustrating that in a spectacular fashion.

The bad news is that I can’t quit Twitter now. I have to stick with it to watch the final explosion, all while waving my cowboy hat and going “Yeeee-haaaww!”. It’s going to be glorious.

Then, after I get my next game life, I wanna watch Mark Zuckerberg fold with a piteous whimper.

I just discovered Liveuamap, a service that compiles ongoing reports from the war in Ukraine and plots them on a map. It seems to have a Ukrainian bias, which is OK, I guess, if you look at it as a representation of where the fighting is going on, but it’s also depressing when you’re looking at it and suddenly an icon of a bomb pops up with a label like “6 people killed as result of Russian missile strike at residential house in Mykolaiv”. What a godawful waste.

Ukraine does seem to be winning in the south, for now…where “winning” means lots of people on both sides dying in ferocious combat.

This is not normal, and I hate it.

I woke up this morning with a sense of dread, and glanced at the news only briefly. I have been conditioned to expect the worst the day after an election, when I will learn just how stupid and hateful my fellow citizens are, when I will discover that the shrieking losers will march their case to the corrupt Supreme Court to get their election overturned, when the newspapers and fucking 538 will babble excuses about how their efforts to manipulate, that is, “predict” the elections went awry, and we’ll see how much democracy has decayed. There is never any good news but that it is tainted with bad.

So I glanced. Then I closed the news and ran away.

What little I learned: ballots aren’t all counted yet, lots of elections are still up in the air. The “red wave” that esteemed newspapers like the NY Times never materialized — but then, I’ve learned that the media desperately wants a “wave”, and they never happen. We don’t know the final outcome yet, but the newspapers are still yapping about it. I can’t even imagine what the noise on cable news is like, and I’m not going to try to find out.

So my current assessment is short: not as bad as it could have been, not as good as it should have been. Give it a few days.

It’s election day, get out and vote if you haven’t already.

Today, I’m going to consciously avoid reading any news, since it’s entirely pointless. The votes will be cast, my staring fixedly at the ballot box will change nothing, the people reading the news have no idea what they’re doing anymore, and there are so many grossly stupid people running for office. It’s best to remain in ignorance until all the chaos has settled, and then I’ll whip off the blindfold to feel the full force of a corrupt system in decay all at once.

Inside Higher Ed covers that godawful conference.

One attendee of the conference, who asked to speak anonymously as not to run afoul of the event’s supporters or critics, said the room “was not simply full of right-wingers there to hear fringe right-wingers,” as “many from around the country are alarmed at intolerance on both sides of the political spectrum.”

“Both sides do it”. I’ve heard that somewhere before. Maybe they should have included a few people who weren’t fired for sexism or racism or misogyny to show off the Intolerant Left.

At the same time, the attendee said, the meeting “required no scholarly rigor or counterargument, rather it proved mostly a feel-good session for an unfortunate mix of many powerful public voices who deserve criticism, and a few brave people who take unpopular positions and actually deserve to be heard. Clearly, the conference organizers were trying to be provocative in letting the most outrageous be heard, but that undermined the seriousness of harm done to the less outrageous but equally censored speakers.”

The most hilarious comment comes from Jonathan Haidt.

Referencing Cochrane’s additional complaint that liberals had been invited to speak but refused, speaker Jonathan Haidt, Heterodox Academy co-founder and Thomas Cooley Professor of Ethical Leadership at New York University’s Leonard N. Stern School of Business, said that there was nevertheless more diversity, more ideological and political diversity, in the room today than in probably any other room anywhere in any of America’s top 100 universities this year.

He is correct that diversity is underrepresented in academia. However, here is a candid photo of the attendees at the con:

I think most universities do better than that room full of old white men. Not better enough, but much better than that.

Also, yeesh, that was a tiny conference.

The news is full of ‘journalists’ who are doing nothing but placing bets on the horse race they’ve been reporting on. There is no information there, only last minute efforts to manipulate the vote. Ignore them.

Just go vote tomorrow. Vote your conscience.

This weekend, Peter Thiel and various right-wing think tanks backed something called the Academic Freedom Conference. You can guess what this was all about.

Academic freedom, open inquiry, and freedom of speech are under threat as they have not been for decades. Visibly, academics are “canceled,” fired, or subject to lengthy disciplinary proceedings in response to academic writing or public engagement. Less visibly, funding agencies, university bureaucracies, hiring procedures, promotion committees, professional organizations, and journals censor some kinds of research or demand adherence to political causes. Many parts of universities have become politicized or have turned into ideological monocultures, excluding people, ideas, or kinds of work that challenge their orthodoxy. Younger researchers are afraid to speak and write and don’t investigate promising ideas that they fear will endanger their careers.

The two-day Academic Freedom Conference, arranged by the organizing committee, aims to identify ways to restore academic freedom, open inquiry, and freedom of speech and expression on campus and in the larger culture and restore the open debate required for new knowledge to flourish. The conference will focus on the organizational structures leading to censorship and stifling debate and how to repair them.

All you have to do is look at the list of speakers and see that it’s a conference of far-right kooks and their enablers. Oh, look: there’s Jordan Peterson, Douglas Murray, Gad Saad, Niall Ferguson, Bjorn Lomborg, Jay Bhattacharya, John Ioannidis, and a horde of disgraced academics, bigots, Quillette authors, misogynists, vaccine deniers, and cranks. Several of the people there have publicly professed their support for good science (usually to defend garbage science), but then the keynote by Peter Thiel is an embarrassing anti-science rant. Also mostly rambling and incoherent.

So you you have the string theory people telling us how wonderful string theory people are and how everybody else just has bad math genes and can’t talk about it. We have the uh the cancer researchers promising us they will cure cancer in five years which they’ve been doing for the last 50. We have um and on and on in all these sort of hyper hyper specialized areas and um and then the question is, you know how much how much progress is actually happening?

The um, these sort of indirect intuitions I have on where it seems very very slowed, are things like, umm, if you if you if you look at things like um, the the economy, the the standards of living among younger people.

Except that cancer researchers say no such thing — the most common idea I see expressed by cancer researchers is that cancer is a thousand different diseases with hundreds of alternative pathways, and that there will be no magic bullet. All he’s got to go on is “indirect intuitions”. He’s an idiot. Then he makes similarly stupid statements about education.

Um and that’s probably the political intuition we should have about the sciences versus uh versus the humanities. The, the, the, the polemical version of it that I, I had once was that you know I I think um I think that uh it’s better for undergraduates to meh meh to major in the humanities rather than the sciences. Set computer sciences, aside, as the one thing that sort of works, but everything else. Because um in the humanities you at least know you’re not going to get a job, you’ll be unemployable, whereas in the sciences you have people who are so deluded as to believe that we’ll be taken care of by the natural goodness of the universe. And it’s just it is just a Malthusian competition.

You hear that? The only topic that matters is computer science, because that’s the only one that will land you a job — which isn’t true, and also isn’t the one reason to get education. Scientists don’t have this illusion that the universe has “natural goodness”.

I’m trying to imagine how any of the scientists in the audience could listen to that drivel without rising up and walking out. But don’t worry, there was no drama: the kinds of people who would attend such a conference are pre-selected for being gullible conservative loons. Even more, I can’t imagine anyone accepting an invitation to an even packed so heavily with horrible people like Thiel or Peterson or that roster of denialists and bigots, as summarized in this list or this one. Yet there sat marginally respectable people like Steve Pinker and Jon Haidt and Jerry Coyne, who have often fucked up and are now confirming their deplorable status by enthusiastically attending. Ick.

Coyne predicted ahead of time that he’d be labeled with guilt by association. He’s right.

I predict that the mainstream media and many on social media will deem the entire conference a conclave of bigots, racists, and transphobes because a few people on the schedule have been called those names. Indeed, Steve Pinker himself has been the object of criticism, and has been called a racist; and I (deemed “someone with a solid reputation who speaks his mind and is honest in his arguments”) have also been called a transphobe and a racist. Hardly anybody is immune!

Correct. If you hob-nob with transphobes, racists, and bigots, and you applaud their words, and trumpet how much you agree with the sentiments they express, then surprise! People will draw the reasonable conclusion that you are a fellow traveler. That’s how it works.

By the way, I was briefly mentioned (negatively, I’m proud to say) at the conference. Coyne condemned me for being “ideological” that he neglected to do for all the flamingly ideological speakers at the event.

He has done this multiple times in the past, and never pays any attention to corrections. Every time, he pretends that my beef is with the idea that our brains, as well as our body, show traces of our ancestry over the past 6 million years. That’s a lie, just an outright lie. It doesn’t matter that I’ve repeatedly said that I’m a hardcore materialist who accepts the idea of humanity evolving entirely by natural mechanisms, he has decided, as a rhetorical strategy, that since he can’t address my actual criticisms, he’s going to misrepresent my position. Every time. It’s pretty damned disgraceful. As I’ve written before:

The brain is a material product of evolution, and behavior is a product of the brain. There are natural causes for everything all the way down. And further, I have great respect for psychology, evolutionary biology, ethology, physiology, anthropology, anatomy, comparative biology — and I consider all of those disciplines to have strong integrative ties to evolutionary biology. Does Coyne really believe that I am critiquing the evolved nature of the human brain? Because otherwise, this is a completely irrelevant statement.

Evolutionary psychology has its own special methodology and logic, and that’s what I criticize — not anthropology or evolutionary biology or whatever. Somehow these unique properties get conveniently jettisoned whenever a critic wanders by, only to be re-adopted without reservation within the exercise of the discipline. And that’s really annoying.

What I object to in evolutionary psychology is that their stock in trade is to make observations of behavior in a single species, often in a single population, and then to infer an evolutionary history from that data point. You don’t get to do that. It’s not that the observations are invalid (they’re often interesting in their own right), or that it’s not possible that human behaviors carry a strong genetic component — it’s that you simply can’t draw an evolutionary conclusion from the simple existence of a trait in a population. Yet evolutionary psychologists do, all the time.

His only approach is to poison the well. So now I’m a blank slater and a Marxist, neither accusation being true.

It’s again, comes out of the ideology that we’re blank slates. I think that comes from Marxism, where people are seen as infinitely malleable by the social environment. Whereas evolutionary psychology tells us that we’re not blank slates that we’re born with a little bit of writing on those blank slates, that can be changed a bit, but can only be changed within certain limits.

Did you know that there are negligibly few biologists who believe we have no genetic predispositions? This whole blank slate nonsense is Pinker’s conceit, his default straw man, and it’s transparently bogus. It’s always fun to encounter someone who attacks you by announcing that you hold a ridiculous opinion that you’ve never held and are happy to agree that it’s wrong.

I do wonder how his audience received that claim that it’s blank slaters who think people are infinitely malleable by the social environment when there are a bunch of transphobes there who think that everyone’s sexual identity is so easily corrupted by the social environment, believing in garbage like rapid onset gender dysphoria. Is gender fluid in some people or not?

He also claims that evolutionary psychology has produced many valuable insights, such as differences in sexual behavior between men and women. What are those insights? That women are better at spotting pink berries or something? He doesn’t say.

Again, my gripe with EP is methodological: you can’t make “valuable insights” about human evolution with surveys and experiments on modern American undergraduates.

I was going to vote on Tuesday morning, but my wife persuaded me to get it done early and submit our ballots today. Usually the polling places are quiet and empty, even during a presidential election, since this is a very small town…but maybe my wife knows something I don’t. I dropped the ballots off at 2pm on a Friday, and…

There was a line at the county courthouse of people doing the same thing.

I haven’t had to wait in line to vote in 20 years. OK, sometimes I’m second in line, but waiting times are negligible. Still, this is the longest delay ever. I’m going to have to complain to someone.

This is a red county, so don’t assume this means the DFL is going to triumph — in fact, one little group of women in line were members of the apostolic cult in town (easy to spot, long hair in a bun, long skirts) and I’d be surprised if they were voting for anything other than conservative theocracy. But I could be surprised, it’s a secret ballot after all, maybe there is a revolution brewing.

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Over 35 million votes have already been submitted, mostly from registered Democrats. The MAGA crowd is going to be complaining again.

A business in Rush City, MN had a mural painted on one wall of their building. I love these — a few places in downtown Morris have commissioned artwork for their buildings, too, and I think they help liven up the place. It’s a nice painting in Rush City, too.

And then the city slapped the business with a zoning violation and gave them ten days to paint over it. The rationale of Mayor Dan Dahlberg: anything that is not explicitly permitted is considered prohibited. That is absurd. It’s such an authoritarian interpretation of the law.

Mayor Dan is currently running for county commissioner. Smart move to plop out a stupid idea like that a few days before the election, Mayor Dan! The whole state is looking at you and wondering what kind of stupid rube gets elected to political position in that town.