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Meta in talks to reincorporate in Texas or another state, WSJ reports

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121–130 of 185 posts

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#121
post #24

Earlier quoted context omitted.

But this is about where the company is incorporated (Delaware), not about where it's headquartered. The article mentions that Meta headquarters is staying in California (at least, for now).

Step 1 in get incorporated elsewhere. Step 2 is find political support to build an HQ (read financial incentives). Step 3 is move the HQ.

You don't need to be incorporated in Texas to move the actual facilities there, so why is that step 1?

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#122
post #100
post #37

Is it a mental illness if a billionaire many times over still wants more money ?

We are all witnessing live via social media how ultra-wealth directly leads to mental illness.

I find it more likely that the cause and effect here are the other way around: people who are sociopaths tend to be more successful at becoming extremely wealthy and powerful.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#123
post #106

Earlier quoted context omitted.

I'm not sure what's keeping LeCun at Meta at this point. I can imagine he's not happy with Zuck's capitulation. I'm sure you're right that if he decided to leave he'd easily be able to get funding. I'm sure France would be willing to set him up with an AI research lab to get him back there. And there would be plenty of other companies/labs that would be trying to get him.

I've seen him on record that he'd pretty much work for whoever pays him (in the context of research grants for military). Virtue signaling to feel good is only worth so much to people. Humans compartmentalize very well.

This seems like a pretty widely shared ethos in today's software engineering culture. "I'd happily build the Torment Nexus if you pay me enough!" No ethical baseline below which we refuse to pass. Simply a required $$$:EVIL ratio.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#124
post #107

Earlier quoted context omitted.

> a week later stating that the LLMs that his researchers / engineers are working on will soon be able to replace them. This is a pessimistic interpretation of Mark's words that has been trumpeted in the media. Which I am appalled to admit. He said that they anticipate the majority of new code to come from AI models rather than human engineers. He then adds that they expect developers to be augmented by these tools.…

> you still need somebody to drive the AI and validate or correct their outputs 100% visual inspection catches only about 80% of the defects. The following is a classic example from QC circles (I used to run incoming QC at a medical device factory). Count the number of F’s in the paragraph below: > THE NECESSITY OF TRAINING HANDS FOR FIRST-CLASS FARMS IN THE FATHERLY HANDLING OF FRIENDLY FARM LIVESTOCK IS FOREMOST IN…

> The correct answer is four dozen (I wanted to make the number harder to calculate before you count them).

No it isn't? I counted 34, and a python oneliner agrees.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#125
post #97

Earlier quoted context omitted.

And it was already embarrassing for a myriad of reasons before that including how he went on Joe Rogan talking about how corporations need more "masculine energy". In the hobbies I participate in (notably I'm not in a major tech hub) some of these tech companies are getting a similar social stigma to like finance (and this is especially pronounced among women I know who really don't like what they view as "tech bros"…

Indeed, I think the inauguration was kind of Zuck's "pedo guy" moment, where the pieces fell into place and a whole bunch of people at once were like... oh, yes, okay I see what is actually the state of things here.

Zucc has been kissing various unsavory rings for a long time, though. It's not like this just started. Didn't he ask China's President for the honor of naming his baby? [1] Totally shameless suck-up.

1: https://www.independent.co.uk/news/people/china-s-president-...

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#126
post #106

Earlier quoted context omitted.

I've seen him on record that he'd pretty much work for whoever pays him (in the context of research grants for military). Virtue signaling to feel good is only worth so much to people. Humans compartmentalize very well.

This seems like a pretty widely shared ethos in today's software engineering culture. "I'd happily build the Torment Nexus if you pay me enough!" No ethical baseline below which we refuse to pass. Simply a required $$$:EVIL ratio.

It's not always like that. Most of the team would be hired to move protobufs around for the Torment Nexus so it seems quite innocuous.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#127
post #100

Earlier quoted context omitted.

We are all witnessing live via social media how ultra-wealth directly leads to mental illness.

I find it more likely that the cause and effect here are the other way around: people who are sociopaths tend to be more successful at becoming extremely wealthy and powerful.

I think there's some of that, but our current era - probably fueled by social media itself - seems to be producing something else entirely.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#128
post #24

Earlier quoted context omitted.

But this is about where the company is incorporated (Delaware), not about where it's headquartered. The article mentions that Meta headquarters is staying in California (at least, for now).

Step 1 in get incorporated elsewhere. Step 2 is find political support to build an HQ (read financial incentives). Step 3 is move the HQ.

They could move the HQ without changing where they are incorporated. They also don’t need political support. It’s not a democracy. There are no steps.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#129

Seems like there is a multi-industry push to move into Texas; came across a video the other day of Matthew McConaughey & Woody Harrelson (and other big name actors) reprising their True Detective role calling for the Texas legislature to increase incentives that bring Hollywood productions over to Texas. [1] https://www.rollingstone.com/tv-movies/tv-movie-news/matthew... [2] https://variety.com/2025/tv/news/matthew-m…

Why TF does everyone want to be in Texas heat or not be able to go outside?

It's very libertarian. No taxes, few regulations. Some people die here and there from the lack of safety, but that's a sacrifice the government is willing to make.

Re: Meta in talks to reincorporate in Texas or another state, WSJ reports

#130

Earlier quoted context omitted.

When industries move away, taxes do as well. When the taxes go down, services and property values go down. Engineers may not want to give up perfect weather, but they still want to be employed, have their properties not depreciate and want good schools.

Eh, people will still move to California to start a business. When it gets threatened enough, it'll cave and play ball with other states to get back into the game. Having an insane upper hand with the climate based desirability will help them to get back on track, in my opinion. Now, I don't live in CA, and wouldn't want to move for some other reasons, but I genuinely don't think there is a better climate than SF, LA…

Various pundits have been really pushing this "People are leaving California in droves!" narrative, desperately hoping that it one day becomes true. They need it to be true in order to repudiate all the various political Californisms that they disagree with. The reality is that California's population declined less than 1% in one year out of the last 125 and stood approximately steady in one year. It increased the remaining 123 years.
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