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Packy McCormick tweeted on 2026-07-24 that 'Capitalism is just so beautiful,'…

2026-07-24 · 16:06 UTC ·@SlBrandin ·0 min read

Brief

SlBrandin reposts Packy McCormick's 24 July 2026 tweet, opening with Adam Smith's 'It is not from the benevolence...' quote and noting about $8 trillion of market cap backing open-weight models. He claims MSFT and NVDA's self-interest drives a shift that benefits consumers and most businesses while only 'a couple of labs' lose out.

Why it matters

Packy McCormick tweeted on 2026-07-24 that 'Capitalism is just so beautiful,' claiming about $8 trillion of market cap is mobilizing support for open-weight models because it's good for corporate business and PR.

Key details

  • He asserts Microsoft (MSFT) and Nvidia (NVDA) are acting from self-interest to back open-weight models, which he says will benefit consumers and nearly every business while leaving only 'a couple of labs' worse off.
  • Author @SlBrandin frames the post with Adam Smith's line 'It is not from the benevolence of the butcher...' to emphasize market incentives as the driver of this outcome.
Source evidence

“It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest”

Packy McCormick (@packyM)

Capitalism is just so beautiful.

$8 trillion worth of market cap coming out in support of open-weight models because it's good for their business and makes them look good...

and, totally coincidentally, it also happens to be better for us consumers and practically every business except for a couple of labs. we just get that benefit for free with MSFT and NVDA's self-interest.

it brings a tear to the eye 🥲

— https://nitter.net/packyM/status/2080660505811669274#m