<transcript><audio_25>as the surface is changing all the time as this surface is encountering new technologies that totally change the structure now what makes all of this work is that there is a system of message passing and value flows between all of these parties</transcript><caption><image_26>The image is a slide from a presentation on capital allocation and distributed optimization. The slide has a green background with a pattern of small black squares. On the right side of the slide, there is a photo of a man sitting at a desk with a laptop in front of him. The man is wearing a black t-shirt and appears to be giving a presentation. The text on the slide reads "Capital Allocation - distributed optimization" and "Funding the Commons".</caption><transcript><audio_27>to help organize and help optimize this large large structure uh cool so um one of the things that i'm extremely interested in helping optimize is this innovation chasm it's it's about um what</transcript><transcript><audio_28>happens between coming up with good ideas and trans translating those good ideas into technology that we can put into products and broadly diffuse because i think that our super the superpowers that technology grants us um are uh or and the superpowers that</transcript><transcript><audio_29>science maybe illuminates as potential uh only get realized when you do an enormous amount of r d um development uh to get it get it out there and there's a lot of like lacking optimization in that area there's no good structure for optimization in that</transcript><transcript><audio_30>in that part um the incentive structure on the right is kind of like the capitalist infrastructure and that tends to work well for whatever the optimization service is doing but it's very brittle when it comes to what capital values so if the capital</transcript><transcript><audio_31>structure's value is something that humanity doesn't really value then you get bad results and you can probably look at the state of the world today as a good example of like what happens when you have capital systems misaligned with human values so maybe you know rewriting the</transcript> as the surface is changing all the time as this surface is encountering new technologies that totally change the structure now what makes all of this work is that there is a system of message passing and value flows between all of these parties to help organize and help optimize this large large structure uh cool so um one of the things that i'm extremely interested in helping optimize is this innovation chasm it's it's about um what happens between coming up with good ideas and trans translating those good ideas into technology that we can put into products and broadly diffuse because i think that our super the superpowers that technology grants us um are uh or and the superpowers that science maybe illuminates as potential uh only get realized when you do an enormous amount of r d um development uh to get it get it out there and there's a lot of like lacking optimization in that area there's no good structure for optimization in that in that part um the incentive structure on the right is kind of like the capitalist infrastructure and that tends to work well for whatever the optimization service is doing but it's very brittle when it comes to what capital values so if the capital structure's value is something that humanity doesn't really value then you get bad results and you can probably look at the state of the world today as a good example of like what happens when you have capital systems misaligned with human values so maybe you know rewriting the
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