🦥

not entirely confident but would be cool to see

He’s winding down the war and looking for an off-ramp but will blow up all their power plants unless they open the Strait which we don’t need and will open itself anyway which is why he might send ground troops to the country he already blew off the map.

it’s pretty clear Trump is waiting for his fam to load up before operation taco

@elonmusk @NewsFromGoogle There seems to be an unreasonable concentration of power for Tesla, given that no other EV company can come into US

@NewsFromGoogle This seems like an unreasonable concentration of power for Google, given that the also have Android and Chrome

Joint Statement: Apple and Google have entered into a multi-year collaboration under which the next generation of Apple Foundation Models will be based on Google's Gemini models and cloud technology. These models will help power future Apple Intelligence features, including a more personalized Siri coming this year. After careful evaluation, Apple determined that Google's Al technology provides the most capable foundation for Apple Foundation Models and is excited about the innovative new experiences it will unlock for Apple users. Apple Intelligence will continue to run on Apple devices and Private Cloud Compute, while maintaining Apple's industry-leading privacy standards.

@DonAlt i use this app a whole lot less now lol

I liked Twitter better when it wasn't run by Elon The undertone is just so negative now, it feels like the app is designed to put everyone using it in a bad mood

@DavidSacks keep smashing the print machine

+5.4% Q4 GDP (AtlantaFed forecast) +4.9% Productivity Growth TRUMP BOOM is here.

hot take while entire US celebrates Venezuela if China or Russia did the exact same thing, we'd throw up in arms about communism and world invasion

what happened to Trump never enters war and US is not a world police? republicans are just as bad as democrats

@GavinSBaker I think most agree, it’s just a few vocal minority

Deeply amused by all the confident commentary that datacenters in space do not work from a physics and engineering perspective. Elon operates two of the largest coherent GPU clusters in the world, SpaceX is responsible for over 90% of mass to orbit and SpaceX operates the largest satellite constellation in the solar system. More than 10 years later, no other company or country can consistently land and reuse orbital rockets. He publicly stated that the “lowest cost way to do AI compute will be with solar powered satellites.” Maybe, just maybe, his “pencil and paper analysis of the physics or the economics at play” is superior to yours. There might have even been more than just a “pencil and paper analysis” of the subject done by some of the best engineers in the world. Perhaps they have thought of a cooling solution that has not occurred to the galaxy brain accounts here even after they took several minutes to carefully think about the problem. The CEO of Google also agrees that data centers in space will be “normal” within a decade. If you are not currently operating a large AI datacenter, a large satellite cluster and have not landed a rocket, maybe be a little less quick to confidently assume that Elon and Google are *both* wrong on this topic. Especially when there is a working, albeit very small, datacenter in space *today* - Starcloud’s orbital setup just successfully trained an LLM. Great name btw. Yes, I am biased on these topics and as ever, time will tell.

@DavidSacks major tech all disagree though evidence of layoffs AI so good entry jobs don’t even make sense

Last month, a bunch of scare headlines claimed that AI was “wreaking havoc” on U.S. jobs. This was based on October’s Challenger Gray report, which tracks announced layoffs. These headlines were misleading or outright false. November’s Challenger Gray report makes clear that: 1. The October spike was anomalous. November fell by 53%. 2. Only 6,280 layoffs announced in November were attributable to AI. 3. For the year to date, AI has accounted for only 4.7% of total layoffs (and this number is likely high since it’s self-reported — CEOs would rather blame AI than their own job performance.) Regardless of what you believe AI will do in the future, it is not a major cause of job loss now. In fact, according to a new study from the Yale Budget Lab, AI has caused “no discernible disruption” in the labor market based on 33 months of data following ChatGPT’s release. Quite the contrary, AI is currently responsible for as much as half of U.S. GDP growth, including an infrastructure boom that has raised the salaries of many construction workers by 25-30%. The narrative that “AI is causing massive job loss” has no evidence to support it.

@mert ok, but underrated?

Solana remains the most usable, most talent-dense, and somehow the most underrated chain in existence it also now has the fastest growing ETF in all markets you don't get that combination many times in your life trillions

@rohindhar so a levered bet, 10x return, a place to live in and own/enjoy vs 7x and most ppl likely panic sell or make wrong calls can if and but on levered or not, 10x is better than 7x, pretty black and white

If you bought a $1MM dollar home in San Francisco in 2010 It’s worth around $2MM today If you had put the money in the S&P 500 instead It’s worth about $7MM Most arguments that homes are good investments are more related to the judicious use of leverage than the underlying performance of home prices The decision to buy a home should be a hard one because the opportunity cost of your capital is so high A home has to bring you immense joy compared to $7MM 😅

Every republican issue is, but BIDEN Both sides have cognitive disability to think critically

@chamath even more covenient to blame everything on Biden

It’s convenient to blame AI, and this diagnosis may eventually turn out to be right, but the current wave of job losses are not because of AI. It is companies unwinding ZIRP and DEI hiring excesses that left them bloated and inefficient.

maybe just maybe, 24/7 kneel to trump, purchased a seat in the white house, high notoriety from a podcast have some impact on feeling safe? it’s only biz

@cobie @AzFlin @z0r0zzz I’m not reading all this, you are still a billionaire

When ppl claim this I always wonder how they think it happens, or have unrealistic expectations on how much $1bn actually is. I joined crypto with $200. If I held my initial bitcoin since then and never traded, I would have ~$300k. If, instead, from that moment I sold the top and bought the bottom of every crypto cycle on Bitcoin, and never paid any taxes, I would have ~$6m USD. If I put my entire net worth into the Ethereum ICO and never touched it, today I would have ~$150m pre-tax. While it was definitely possible to have made >$1bn with the opportunities in the market, these versions of reality would also require me to make no mistakes, and have no need to spend $ in real life, or take excessive risk via leverage. In reality, I grew up in a working class family. I didn’t have a trust fund and I had to pay off my student loan myself. I had a job at Tescos while at high school. After university, I needed to pay rent and fund cost of living and eventually buy a place to live. I worked at startups for relatively little $ salary, and while a couple have done okay, they still are illiquid and worth nothing until some exit. Perhaps if I erase a couple of dumb mistakes and drawdowns, or if I had a lil more grind, then my answer would be different today. But it is easy to say this with perfect hindsight vision. It’s easy to see where you could have optimised better, and decisions you made look dumb when the past makes things so obvious. The truth is I have always optimised for enjoying my life and not going to 0. I never felt like I had a safety net, so it was never possible for me to do anything in any other way. I would probably have less money if I had tried to add more risk or chased $ harder, because being all-in with your entire livelihood is a mental battle and I feel I only win that battle when the stakes are lower. In writing this, maybe I do understand why CT folks believe this, because modern CT sees crypto as a late-stage lottery ticket farm, where the optimal strategy is to 5x leverage up your portfolio in a hope of catching a good 20% move and then leaving. Or, literally going all-in on the next coin they heard Ansem is buying. So perhaps to them, looking back at the charts, of course that’s what successful folks did. In reality, I use leverage close to never (and typically to reduce risk rather than add risk — have used it to add risk maybe 3 times in the last 5 years, and maybe 15 times ever). I never go all-in on anything, have only ever done that on BTC and ETH before in the last decade. When I buy other things, I limit risk to tiny amounts, because I treat it as a 0 until proven otherwise (so, always <1% liquid portfolio). Liquid portfolio is also a smaller % of overall portfolio to future-proof against my own fuckups. Obviously I made a lot of money, I have been here 12 years! CT doesn’t want to hear about “getting rich in a decade” though. I am happy with where I am and have never really cared or optimised for maximising $ earnings, but instead having a nice life that lets me enjoy the game we play together.

this is a very common and powerful tactic - underplay yourself even if you are giga rich, pretend you're middle class. Places less of a target on your back and makes you more relatable/likeable CT doesn't like rich people b/c there's natural envy

then just may be, don’t play trade games?

@kaiynne gud coin, just sold 🙏🏻 hope the best for u lads

Yes it’s been max pain for SNX holders for decades now, but we have the absolute best god candles in the business.

every trader washed ashore, run it up turbo lol

@chamath nono, he’s extra extra smart because art of the deal

@chamath and trump chickens out over the weekend, gotta update this smart response

They are definitely going to try…but a 100% China tariff by POTUS is a very smart response. With 20%+ youth unemployment in China, the tariff attacks at the heart of a fragile Chinese economy.