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Snabbit has scaled rapidly, crossing one million jobs in March, amid growing investor interest.

Last year, tech fascist guru Curtis Yarvin warned that Trump’s Silicon Valley supporters should prepare to flee the United States in case Democrats retake power. Now, one of Yarvin’s key followers—Palantir co-founder and Antichrist enthusiast Peter Thiel—appears to be heeding his advice.

Thiel has purchased a new mansion in an affluent section of Buenos Aires, according to the New York Post. The billionaire plans an extended stay in Argentina, according to the Buenos Aires Herald, and he met with Argentine President Javier Milei this week.

“Thiel, the 58-year-old founder of online payments processor PayPal and AI company Palantir, is reportedly planning to stay in the country for two months,” reported the Herald on April 23. “He is mostly in a US$12 million house he bought in Barrio Parque, an affluent suburb in Buenos Aires City, local media reported. Thiel and his husband, Matt Danzeisen, saw Milei in Casa Rosada at 2 p.m., together with the country’s Foreign Minister, Pablo Quirno.”

The Herald notes the German-born billionaire’s extremist politics: “The ideology he champions is called the ‘Dark Enlightenment’—a proposed alliance between autocrats and AI accelerationists to manage societies as if they were corporations.”

American tech fascists have rallied in support of Milei, a chainsaw-waving anarcho-capitalist zealot who is known for claiming to communicate with the ghost of a dead dog, as well as for imposing disastrous policies on the country’s economy. Milei claims credit for reducing inflation, but his popularity has dropped to 36% as people struggle to survive.

“[T]he drop in inflation is certainly not a victory for Argentine productivity,” writes political economist Can Cinar. “It’s a byproduct of a deliberate and engineered collapse in people’s wages. Milei hasn't fixed the engine of Argentina's economy, he has simply turned it off.”

Things are going so badly under the libertarian economist’s leadership that, late last year, the Trump administration authorized a $20 billion lifeline for Milei’s flailing administration. There was a catch, however: Trump’s offer required Argentina’s voters to support Milei’s party in the country's midterm elections (they did).

Thiel’s decision to establish a beachhead in Buenos Aires comes as Trump sinks to record-low popularity and the Republican Party heads toward a likely defeat in U.S. midterm elections. It’s the latest move for Silicon Valley's most prominent apocalypse enthusiast, who seems to be wandering the earth anxiously in search of refuge. Over the past few years, he has drifted from San Francisco to Los Angeles to Miami. His plans to create some kind of doomsday estate in New Zealand appear to have fizzled.

(Argentina has a peculiar history as a refuge for rootless fascists. After World War II, it became a primary destination for Nazi war criminals fleeing prosecution via the so-called “ratlines.”)

Thiel believes that the United States—and most nation-states—will experience a dramatic collapse in the 21st century as technological advances create widespread economic and political chaos. His beliefs were largely inspired by The Sovereign Individual: How To Survive and Thrive During the Collapse of the Welfare State, a 1997 book which predicted that crypto and AI would collapse the existing world order. It advised savvy investors—a new class of so-called “cognitive elites”—to prepare for this reality by acquiring extra passports and exiting the USA for remote parts of the world.

“Thinly populated regions with temperate climates, and a large endowment of arable land per head, like New Zealand and Argentina, will also enjoy a comparative advantage because they enjoy high standards of public health and are low-cost producers of foods and renewable products,” wrote James Dale Davidson and William Rees-Mogg in The Sovereign Individual.

“A good marker for the viability of cities is whether those living at the core of the city are richer than those on its periphery,” they wrote. “Buenos Aires, London, and Paris will remain inviting places to live and do business long after the last good restaurant closes in South Bend, Louisville, and Philadelphia.”

Davidson and Rees-Mogg made many failed doomsday predictions. But this did not harm their standing with Thiel. When The Sovereign Individual was republished in 2020, he wrote the foreword. He appears to still be following the book’s advice.

“Buenos Aires is only the latest square on what amounts to a meticulously constructed global hedge,” reported the New York Post. “Thiel has spent years assembling a portfolio of residences, passports, and legal presences across multiple continents. In New Zealand, he secured citizenship—a process that drew considerable scrutiny given how rapidly it was granted—and with it, residency access across the Pacific corridor including Australia.” 

In addition: “Thiel subsequently acquired a Maltese passport, granting him full freedom of movement across the European Union.”

News of Thiel’s latest home comes as Palantir faces massive public blowback for publishing a 22-point fascist manifesto. In addition, OpenAI CEO Sam Altman—a Thiel protégé who keeps promising that AI will destroy most jobs—recently had a Molotov cocktail thrown at his mansion in San Francisco.

The Sovereign Individual predicted a violent backlash against socially destructive technologies, which may explain why Thiel and his friends are so obsessed with doomsday preparations. In 2016, Altman told the New Yorker he was stockpiling guns, gold and gas masks in Big Sur, and also had plans to flee with Thiel to New Zealand.

If history is any indicator, Thiel will not find happiness in Argentina and will continue touring the globe to preach his own personal brand of apocalypse. But his decision to publicly decamp to Latin America at the height of his power suggests that he, like Yarvin, lacks confidence in the Trump regime.

The Nerd Reich Is Coming!

This is only a taste of what you’ll learn in my forthcoming book, The Nerd Reich: Silicon Valley Fascism and The War On Democracy. It details how a cult of venture capitalists—led by Thiel—are pushing a self-fulfilling prophecy of societal collapse. If you can, please pre-order it today!

Click this link to support independent bookstores and this newsletter.

Here’s what some amazing writers are saying about The Nerd Reich:

“A clear and compelling account of the threats posed by technofascism to democracies everywhere.” —Ruth Ben-Ghiat, historian and author of Strongmen: Mussolini to the Present

“Reader take note: Gil Durán is a deep, thoughtful, and expansive observer of events that shape the current and future of our American democracy.” —George Lakoff, author of The All New Don't Think of an Elephant!: Know Your Values and Frame the Debate

“Gil Durán is an essential voice on this technofascist moment—where it comes from and where we are going.” —Carole Cadwalladr, investigative journalist, The Nerve

“The Nerd Reich is a clarion warning about the rise of techno-fascist sociopaths who seek to profit off of our collective misery. In clear, compelling and meticulously-researched detail, Gil Durán sounds the alarm about this incestuous cabal of broligarchs. He brings the receipts and the righteous rage.” —Wajahat Ali, The Left Hook

AI transformation is about people and organization, not technology

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The Neptune Apartments on Pacific Avenue could become an eight-story apartment building. (Amaya Edwards — Santa Cruz Local/CatchLight Local)

SANTA CRUZ >> Tenants of the Neptune Apartments in Downtown Santa Cruz could soon be the first residents displaced by the upzoning of the area. The six renters have until July 27 to leave their homes and make way for a new eight-story apartment building approved by the Santa Cruz Planning Commission this month. 

“I’m super anxious because I’m old and my ability to earn more than what I’m making right now does not exist,” said Laurie Dodt, who has lived at the apartments at 407 Pacific Ave. for four years and works as a caregiver for seniors. “I don’t want to be homeless.”

Dodt, who was born in Santa Cruz and has lived here ever since, said she often thinks about the possibility of becoming homeless.

“I could be in a tent and it’s sad. It’s scary and it’s sad,” she said. “I don’t live there — in fear — but that’s the reality.”

Laurie Dodt poses for a portrait near her home at Neptune Apartments. She said she’s four years from qualifying for senior housing and expects to be offered three years of relocation assistance. (Amaya Edwards — Santa Cruz Local/CatchLight Local)

The proposed 102-unit building from San Diego-based developer CRP Affordable Housing & Development will include all below-market-rate units and will satisfy the affordability requirements for a separate developer to build 245 market-rate apartments down the street at 201 Front St.

City rules allow the required below-market-rate units of a project to be built in a separate building. The rules also allow developers to bank any additional units beyond the required number to offset future developments’ affordability requirements.

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“It’s nice that they build affordable housing, but then I find out they can use this building, because it’s [eight] stories, against other buildings which then can now be totally luxury apartments,” said Leonard Ross, who has lived at Neptune Apartments since 2020. “That kind of rubs me the wrong way.”

Ross said he and the other tenants are waiting to see how much relocation assistance they will be offered, and if it will be enough to stay in Santa Cruz, where last year rents were ranked as the most expensive in the U.S. by the Low Income Housing Coalition for the third year in a row. 

Leonard Ross stands in front of his home. ‘It’s an old building, but it has that certain kind of style to it,’ he says of Neptune Apartments. (Amaya Edwards — Santa Cruz Local/CatchLight Local)

Paul Yale, who has lived at Neptune Apartments for more than 20 years, implored the Santa Cruz Planning Commission to not let the project, and the razing of his home, go through.

“By demolishing it, you’d pretty much be kicking me out of town,” Yale said to commissioners at the April 16 meeting. Planning commissioners approved the project unanimously, in what was essentially a formality. State housing law strips local authority to change or deny most housing proposals.

In an interview with Santa Cruz Local, Yale said he’s lived in Santa Cruz since he was a child and doesn’t know if he’ll be able to stay after he loses his home in July.

“I don’t have a credit rating because I’ve been renting for the last 20 years month-to-month,” he said, adding that he pays $1,200 for the two-bedroom apartment. “Rates for finding a new place to live are ridiculously higher than what I’m paying right now.” He said if he ends up in a studio costing $2,000, the rent would be more than half his monthly income.

The developer informed residents last year that the property would be redeveloped, Yale said, and some tenants have since left.

City rules require developers to hire an independent company to facilitate relocation of tenants and Long Beach-based real estate consulting firm Overland, Pacific & Cutler, Inc. was hired for the Neptune tenants. 

In a 180-day notice to vacate dated Jan. 26 and shared with Santa Cruz Local, the company advised residents to wait until a 90-day notice is given before signing a lease or moving out. Otherwise, they may not be eligible for relocation assistance.

Paul Yale says ‘it felt terrible to be right’ when he finally got the notice he was expecting, informing tenants the building would be redeveloped. (Amaya Edwards — Santa Cruz Local/CatchLight Local)

Yale said that makes the situation more stressful, as finding adequate housing in Santa Cruz can be a lengthy and challenging ordeal.

Tenants will be guaranteed a spot in the new housing once it finishes construction, but rents for the below-market-rate apartments could be double, or even higher than what they pay at Neptune. 

The expected displacement of the tenants comes just under a year after the city council approved upzoning the neighborhood. City leaders dubbed the area “SoLa” or “South of Laurel” in the process of rezoning to allow buildings up to 85 feet. 

“I’ve seen the downtown plan, and there was a gray box over where I live,” Yale said, referring to the map of which blocks were to be upzoned.

Though the loss of the Neptune Apartments is a relatively small number of affordable homes compared to the 102 units set to replace them, it will serve as an important case that puts the city’s anti-displacement policies to the test. 

How many of the residents land on their feet, or are forced to leave town in search of affordable rents, remains to be seen.

Anticipated rents in a proposed eight-story, below-market-rent apartment building have not yet been published. (CRP Affordable Housing & Community Development)

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A previously unknown threat group using tried-and-tested social engineering tactics - Microsoft Teams chat invitations and helpdesk staff impersonation - is also using custom malware in its data-stealing attacks, according to Google's Threat Intelligence Group.…

The forest floor was nothing but patches of brown. No ferns, no brush, no flowers, and definitely no wildlife. Everything was dead except for rows of hand-planted baby trees.

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This is what reporter Nate Halverson found while mushroom foraging in the California wilderness near Lassen Peak. He would learn the area had been sprayed with the controversial weed killer glyphosate, more commonly known by its brand name, Roundup.

This week on Reveal, Halverson’s yearlong investigation reveals that the US Forest Service and timber companies are spraying glyphosate in record amounts in California’s forests in an effort to regrow timberland that’s been decimated by years of megafires.

“The wedding of the chemical industry and the Forest Service has got to be seriously and deeply looked at,” Craig Thomas, a fire restoration expert, says about the spraying. The Forest Service is “addicted to herbicide use and glyphosate, and we need to get them into rehab.”