Good news, we managed to make some cuts. I think?
Table of Contents
California In Crisis
I’ve written about this before, but it turns out it's even worse than I realized.
California is toying with a 1.5% annual wealth tax on billionaires, sufficiently seriously that Larry Page, Sergey Brin and Peter Thiel have left the state as a precaution.
Teddy Schleifer: NEWS:
Google co-founder Sergey Brin is cutting ties with California.
In the 10 days before Christmas, an entity connected to Brin terminated or moved 15 California LLCs that oversee some of his business interests or investments out of the state.
With @RMac18 + @hknightsf .
This would also include an annual 1% wealth tax on anyone over $50 million, per year, including on [...]
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Outline:
(00:17) California In Crisis
(04:35) Bad News
(05:47) Opportunity Knocks
(06:58) Government Working
(12:09) The Efficient Market Hypothesis Has Thoughts
(13:30) No All That Money Doesn't Go To Pay Interest
(16:31) While I Cannot Condone This
(18:03) Burnout
(20:52) Good News, Everyone
(30:36) Good Advice
(31:45) For Your Entertainment
(40:48) Gamers Gonna Game Game Game Game Game
(40:59) Sports Go Sports
(41:36) Antisocial Media
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First published:
January 16th, 2026
Source:
https://www.lesswrong.com/posts/wh5KpofdQHs2D2hEj/monthly-roundup-38-january-2026
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Narrated by TYPE III AUDIO.
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