But yea privacy is a silly thing to propose to a surveillance industry.

This would also serve to counter the drop in global Treasury demand due to recent tariff stuff where presumably our traditional debt holders are losing appetite for US debt...

It also creates a kind of strange situation where stablecoins are basically spendable "Treasury tokens". So you give 1 USD to Uncle Sam (via a middle man like Stripe), get back 1 stablecoin. Then you go and spend the stablecoin, and Uncle Sam goes and spends the USD. It's like a weird double spend situation. Prior to stablecoins, you buy a treasury bill with USD, you hold this unspendable treasury bill while Uncle Sam gets USD to spend.

Part of the very high level play is the US Govt seeks to diversify away from depending on nation states for borrowing, and to promote tech companies to the status of reserve holders.

This doesn't add much to the consumer however. I think in fact we are looking at a "fragmented currency" future where you hold like 36 different stablecoins in your wallet because certain platforms accept certain stablecoins. The GENIUS act doesn't offer strict guarantees for getting out of a stablecoin into USD, so I predict dark patterns and "incentives" to make it hard to get out of a stablecoin.

There's also distillation, where you can drastically improve a small model by training it on chains of thoughts of larger models. You can't achieve the same performance by training on original human texts. This suggests that those chains of thoughts reliably contain "densely packed reasoning", meaning the LLM probably has developed internal clusters of "reasoning circuitry", loosely speaking.

So maybe we'll get better reasoning and therefore better generated data/content in the wild, without this negative feedback loop everyone is worried about.

Regulation can increase concentration in a high corruption/cronyism environment — regulatory capture and regulatory moats. There is plenty of that happening.

In building, I think we have local-concentration, due to both regulatory heterogeneity and then local cronyism - Bob has decades of connections to the city and gets permits easily, whereas Bob’s competitor Steve is stuck in a loop of rejection due to a never ending list of pesky reasons.

Since Claude Desktop has MCP support built-in, you can just plug off the shelf MCP endpoints into it. Like you could plug your Gmail account, and your Discord, and your Reddit into Claude Desktop provided that MCP integrations exist for those services. So you can tell Claude "look up my recent activity on reddit and send a summary email to my friend Bob about it" or whatever, and Claude will accomplish that task using the available MCPs. There's like a proliferation of MCP tools and marketplaces being built.