Zak Slayback is a Principal at the 1517 Fund -- a venture capital firm that invests in dropouts and deep-tech. We talk about why our elites are so lame, how we fix higher education (some banks & useless administrators will cry), decline as the natural result of misaligned incentive structures, what it takes to build alternative institutions, why millennials are raising plants and dogs instead of children, and the corrosive effects of onlyfans.