Faster, Please!

My fellow pro-growth/progress/abundance Up Wingers: With SpaceX joining the Nasdaq today, Wall Street banks are releasing their initial reports on Elon Musk‚Äôs rocket company. Goldman Sachs, a lead SpaceX IPO underwriter, initiated coverage with a ‚Äúbuy‚ÄĚ rating and a 12-month price target of $205. JPMorgan, a secondary underwriter, gave the stock an ‚Äúoverweight‚ÄĚ rating and a December 2027 price target of $225. They were hardly the most bullish.

My fellow pro-growth/progress/abundance Up Wingers: In 1976, America celebrated two hundred years of independence, democracy, and progress. Part of that celebration was the release of To Fly!, a powerful half-hour docudrama on the history of American flight. With To Fly!, Greg MacGillivray and co-director Jim Freeman created one of the earliest IMAX films, bringing cinematography to new heights, literally.

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: The 1976 American Bicentennial occurred several years into the period I call the Great Downshift, a multi-decade era of relative stagnation—one that I hope is finally ending with the emergence of a powerful new general-purpose technology, a push for clean energy abundance (from whatever source), America’s return to space exploration and colonization, and stunning medical advances that go far beyond just...

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: Whatever way you want to slice the data, we can safely say George Washington was among the richest Americans of his era.

Current time: 0:00 / Total time: -37:35 Audio playback is not supported on your browser. Please upgrade. My fellow pro-growth/progress/abundance Up Wingers in America and around the world: Will artificial intelligence displace workers or make them more valuable? Probably plenty of both. But how much in either direction, and how fast will all this change happen?

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: Alan Greenspan, the former Federal Reserve chair who died Monday at 100, was a key policymaker during the period I call Up Wing 2.0. From roughly 1995 to 2000, the information-technology revolution—PCs, software, semiconductors, and the commercial internet—appeared to reverse the post-1973 productivity slowdown, what I call “the Great Downshift.” Productivity growth accelerated, internet startups and...

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: The Waymo experience is pretty awesome. Sure, the first left turn at a busy intersection might cause a fleeting moment of apprehension, but that’s pretty much it. All in all, it’s an affordable, pleasant drive, as robotaxi passengers in California, Arizona (I rode Waymo in Phoenix last March while attending some MLB spring training games), Texas, and Florida can attest. It’s a vibe backed by data.

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: It was Nobel Prize–winning physicist Niels Bohr, or maybe science-fiction author Arthur C. Clarke, or even possibly New York Yankees catcher Yogi Berra—or perhaps all of them, in one way or another—who neatly observed that predictions are difficult, especially about the future.

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: True revolutions are tumultuous affairs, and the AI Revolution will be no different—as the past few days have once again reminded. L'affaire Anthropic (the latest version) might well be over by the time you read this, with the government's export controls on the Fable and Mythos models lifted, and so too Anthropic's suspension of those same systems.

My fellow pro-growth/progress/abundance Up Wingers in America and around the world: Of note, via The Wall Street Journal: “Elon Musk is Officially World’s First Trillionaire.” Anyone who believes in the American Way of Wealth must be disgusted today by Elon Musk’s achieving trillionaire status today thanks to the Space Exploration Technologies Corporation going public. It’s one thing to reward success—up to a point, of course. (All billionaires are a policy error, obvi.