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“There’s music, then there’s good music” Ray Charles
Good music (sound music) requires proof of work in the form of thousands of hours of practice.
Post-modern music is mostly fiat music.
#bitcoin #thefiatstandard
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@NotFiatMusic
Fiat Music is music that is easy to replicate.We support SoundMusic,i.e. music hard to make. Currently experimenting with AI.
Katılım Mart 2020
600 Takip Edilen95 Takipçiler
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This is the first AI cut.
And it will send shockwaves.
Remember: Jack is one of the greatest founders of all time. He created this platform that we’re all on, and has been early to many technological shifts. And Block was doing very well as a business.
So, for him to cut 40% of headcount in this way is a signal to everyone in tech: get good now. Become indispensable. Work nights and weekends. Learn the AI tools and raise your game. Or you might not make the cut, as an employee or as a company.
I know. That sucks. But capitalism is natural selection. The market is unforgiving, because you are the market. After all, it’s not like you’re buying some random gallon of milk from the store; you’re always buying the best product at the best price.
So too for apps: your customers are always installing the best piece of code they can get. And because AI is going to create new winners, if you aren’t the best in your market, someone may become better with AI. Particularly with the new agentic workflows.
To be clear: Block’s severance is generous by any measure. 20 weeks of pay, six months of health insurance and vested equity, all of that goes far beyond any typical package. Jack did his level best to cushion the disruption. The laid off are a temporarily unfortunate class, as opposed to a permanent underclass.
But had he not leaned into the AI transition, he might have had to lay off more people, slowly, and over time, as faster competitors went after his market share.
How would they do that? Sure, AI isn’t a panacea by any means, but the closer you are to software engineering the more aggressively you need to embrace agentic workflows. The AI companies are already doing that, and places like Stripe, Shopify, Coinbase, and now Block are pushing hard on this area.
There will be overcorrection. But the fundamental technical innovation is real. And you need to either disrupt yourself or get disrupted.
jack@jack
we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack
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The Citrini report caused a market sell off. But Citadel and others published rebuttals.
Pricing the likelihood of this AI doomsday scenario could decrease uncertainty in the broader market and make asset prices more efficient.
Kalshi has it at 11%. citriniodds.com
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Wow, about the Citrini's article:
"the authorship attribution on a report attributed to market-moving was changed after publication, and the co-author is the managing partner of a $262 million SEC-registered hedge fund who confirmed short positions in the companies the report named."
Ani@anistotle_
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Miles Davis’s response when an interviewer asks if he thinks Black musicians are genetically superior to white musicians
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Brazilian guitarist and vocalist Filó Machado and his grandson Filipe Machado performing “Take Five” by Paul Desmond.
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Here at the sound check, getting ready at @BitcoinAtlantis Atlas Music Festival, starting at 18 today!
Show your support, scan the qrcodes of @JoeMartinMusic @thehigherlow @theokatzman.
You can use Lightning, @Liquid_BTC @AquaBitcoin @SparrowWallet @SamouraiWallet bip-47
Cc @BringingBitcoin @Bitcoin_Mermaid @OrangePillJam @NotFiatMusic @FREEMadeiraOrg @tip_nz @djvalerieblove @rootzoll @rabbitholetales @HRF @andreloja
Enjoy!
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Feeling the fomo here
OpenTip@opentip_io
One more artist has joined the #bitcoin ranks :) Tonight (10pm CET, or 4PM ET in the US) BigG is experimenting with Lightning on Facebook with his jazz trio. Send a tip during the livestream on his LN address albertogurrisi@opentip.io or visit his page on Opentip here opentip.io/albertogurrisi Lightning tips and messages will trigger alerts on facebook and you will be able to interact with the artists via lightning. Show you support for sound music! His Facebook page m.facebook.com/albertogurrisi…
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"BLUE GIANT"(Feb/2023-)
Exciting Jazz manga turned into animation movie !
Cannot believe almost 1 year past since launched.
Detailed review: japanipstudio.hatenablog.com/entry/2023/02/…
#animereview #BLUEGIANT
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I’m telling you, i gonna start my own. I’ve been preparing for months
@robertglasper Rob you should check what bitcoiners are doing for the music world, trying to fix monetization;) global digital busking
Cc @bluenoterecords @vulfpeck @theokatzman @jaharistampley @Cory_Henry
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The Orange Pill Jam Project 🍊💊🧡@OrangePillJam
Next Thursday at 18:00 UTC we will do our first official live stream 😱 Stay tuned ⚡️⚡️⚡️ #Bitcoin Music is taking of @opentip_io @BringingBitcoin @Bitcoin_Mermaid
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Bitcoin is going to change the state more than the state is going to change bitcoin.
Few understand this.
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Named after Nobel Prize-winning physicist Murray Gell-Mann, Crichton explains the pitfalls of observing errors in the reporting of a topic, yet trusting the same source in areas where you are less knowledgable/able to verify accuracy.
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