The @colbertlateshow is a perfect example of what happens when institutions stop innovating and start protecting cost structures. They mock the very technology that could save them ninety percent or more. This is not just about TV. Banks laughed at Bitcoin. Newspapers laughed at the internet. Wire services laughed at mobile. Consultants are laughing at AI. Meanwhile, those who build keep expanding the margin of what’s possible. Uniswap replaced a thousand brokers. Stripe made payments programmable. Nvidia replaced slow cycles with compute. Open source models are replacing locked-in enterprise software. And crypto is building a financial system without gatekeepers or weekend downtime. Countries fall into the same trap. Protecting the past instead of building the future. It’s easy to mock what you don’t understand. Much harder to imagine what the world looks like when the cost curve collapses. That’s where the opportunity is. Always has been. Always will be. And why folks that embrace that irrational startup, the founder, and incentivize with the right capital structure, win.