Astral Codex Ten

Neom

3 min read

Neom

Article

Neom is a recurring organization in the Astral Codex Ten archive, appearing 2 times across 2 issues between August 01, 2022 and September 11, 2023. The archive places it in contexts such as “Neom represents all the worst parts of model cities”; “Neom’s loan”. It most often appears alongside Saudi Arabia, 101, Aerialoop.

Metadata

  • Category: Organizations
  • Mention count: 2
  • Issue count: 2
  • First seen: August 01, 2022
  • Last seen: September 11, 2023

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

22
August 01, 2022 · Original source
Bloomberg View has a new article on the progress of Neom (h/t Marginal Revolution), Saudi Arabia’s answer to Dubai. I hesitate to include Neom in this newsletter. It’s not really a charter city, but very much a project of the Saudi government. It is in no sense utopian or libertarian; in fact, it advertises itself as a new level of surveillance in an already-totalitarian state. Most of all, it doesn’t. make. sense. This is an insane, utterly impossible project that the Saudi government is somehow barrelling full-speed-ahead on.
Inline links: the progress of Neom, Marginal Revolution
You really want to watch this video. I had read a few other articles on Neom, thought I understood what level of craziness we were talking about here - but no, this is much, much crazier. I didn’t understand the full scale until they gave their proposed dimensions: a structure 500 meters tall, 200 meters wide, and (wait for it) 170 km long.
Is this just some crazy attempt to build hype, like when Elon Musk says the next Tesla definitely will have full-self-driving ability? I don’t think so. Saudi Crown Prince Mohammed bin Salman is obsessed with Neom and very vain; I don’t think he would deliberately promise impossible things knowing that he will be embarrassed later when they don’t work out (and he says it will be done by 2030, so we’ll know the results relatively soon). Also, the government has earmarked $500 billion to $1 trillion for the project - around the GDP of Sweden - which sounds kind of like being serious. Also, they’ve already started on important Saudi construction preliminaries, like murdering the people who previously lived in the area. Also, they’ve already set up on-site camps for the construction workers (source):
Inline links: murdering the people who previously lived in the area, source
Highlights From The Comments On Last Week's Model Cities Post
September 11, 2023 · Original source
Romeo Stevens on Neom’s loan:
Inline links: Neom’s loan
Rob on Neom’s loan:
Inline links: on Neom’s loan
On Neom wanting loans - I have a guess. Part of why Aramco IPOed was to create proper financial records - not because selling a few percent of Aramco meaningfully diversified the holdings of the Saudi royal family. By being a publicly traded company, there were forcing mechanisms to get the company to do proper financial reporting.