Numbuh 1

@signulll @sporadica Tech completely upended his world model and he could never adjust. Still an amazing investor and company builder.

@sporadica buffet never understood technology outside of apple. & this is a technology revolution.

can someone explain to me how this is somehow a smart move by Buffett, because frankly it seems like a pretty big failure on the part of Berkshire to be sitting on cash and T-bills while inflation skyrockets and the market keeps on absolutely pumping

@thesamparr In the context in which he used it was worth a pass. He was not trying to be malicious toward someone. To much signaling in the response because of who he works for.

I 100% agree with this. When leaders say "retard" publicly - in most every case, its super lame. If saying retard or any other offensive word makes the joke land 10x, then yeah, say it. But tossing it around like this...very performative and inauthentic. Not a fan.

@okaythenfuture In their slight defense they are essentially taking on an entity backed by the financial and strategic arsenal of all of Western Europe, granted they chose to get themselves mired in their current situation. They hardly have the bandwidth to deal with the chaos that is the Sahel.

Russia has really lost the most amount of aura out of any country since 2022. No one is afraid of Russia anymore, and Putin is no longer that shirtless muscle man riding. bear, now we just see him as that weird reclusive nerd who doesn't even use the internet LMAO.

@PAstynome He is a winner.

He’s a degenerate gambler.

The difference being POTUS is in charge of the most technologically advanced and most economically capable nation to ever exist. Meaning, he can make all the terrible decisions he wants and he’ll still have the largest cushion imaginable to land on. It’s honestly for the most part a cheat code.

Fwiw Putin was literally winging it and living in a fantasy world for the first eight (8) months of the invasion. And Trump is even worse at making decisions than Putin. Like I have been saying for a year now, he is the American Yeltsin. Enjoy the rest of the war.

From Rooms by Design, 1989

It will literally be permanent fixture in building that occupies the president’s seat. So, even when he moves on and future administrations try and sweep his tenure under the rug, the ballroom will still be standing. And will forever be colloquially refereed to as “Trump’s ballroom”.

He wants to be buried underneath it. Pharaoh style

Wealth has always and, will always, be concentrated barring any extreme government actions. Society works best when people do what personally motivates & drives them. It doesn’t always have to be the most noble of pursuits. And given the capital going into ai labs, where the eventual gains to scientific discovery are bound to be enormous, the take of not enough man power & funding not going to such endeavors should no longer be used as a way to criticize those in finance. Who, are helping to create the economic conditions for such funding to be available.

@DellAnnaLuca Yes agreed, and especially so because 40 partners and 3000 employees. The wealth is concentrated in few people who could be doing amazing things elsewhere as the best in their field.

At least some of the companies on this list do useful things eg make phones (Apple), distribute food and goods (Walmart/Amazon), or fuel your car (Exxon). What does Jane Street do? Take money away from pension funds and retail investors to give to its 40 partners? I guess you could make some sort of liquidity argument like: Jane street makes it easier for me to buy or sell stock. But if you’re on the other side of Jane Street and they made over $30 billion last year, odds are you’re just losing money in the process of doing the thing you’re thanking them for.

@okaythenfuture Seems like an extreme characterization. Create another account and you’ll see that what gets populated is what you interact with.

This second POTUS term has been interesting. Because it seems like he is at least trying to be reasonable as far as pushing for confrontation with China. But, there are now too many voices in the admin/party and around them that seem to be pushing for an eventual conflict. Because they way they keep speaking and if you look at some of the legislative actions there is no way you are in China & interpreting it as anything other than an entity that is willing and trying to end you. A conflict would be a distaster but at this point I think it might be be likely.

They really think it's Japan and he's Cuban! > Giménez was born in Havana, Cuba, in 1954 into a prosperous landowner family from the Oriente province. His family immigrated to the United States after losing their lands in the Cuban Revolution how do these memes work?

@WillManidis It’s because they are not the leaders in models. Therefore, the attention is not on them. The current zeitgeist on who is leading and gaining a lot of power is OAI & Anthropic. If it were Meta the reaction would be different. People love to go after the front runner.

its impossible to overstate how well facebook is doing on comms surrounding data centers and models right now. offer jobs and training, clearly state the truth on water and power usage, don’t do doomer fiction. just a relentless execution of the basics. no one else is even close

@thesamparr We are trying to create an alien. If we succeed we will not be dealing with “us”. I’m not a doomer, but, I don’t think the risk can entirely be discounted. I’m just hopeful it will work out.

In 1924, Winston Churchill wrote an essay called "Shall We All Commit Suicide?" In it, he predicted: - a bomb "no bigger than an orange" that could level a city - pilotless aircraft (drones) - engineered diseases released as weapons He thought civilization had maybe 20 years left. Hiroshima happened 21 years after. But we're all still here. Read it again and tell me it doesn't sound exactly like the AI doomer posts in your feed right now. The doomers aren't always wrong about the tech. They're just usually wrong about us.

@alreadydawn They are just having fun at a festival. Let’s not fall into the need to psychoanalyze.

I noticed the school & work flexes after a second watch. This type of striverism is especially prevalent with Asians. Reasons: 1. Much of the drive behind every human's behavior is seeking for unconditional love. The general lack of love in Asian households increases the likelihood of antics like this seeking external validation (which is mistakened for unconditional love). 2. Much of the love given by parents is conditional on academic and life performance. The messaging these people received as kids, over and over, is that they are not worthy unless they achieve X or Y. Hence some feel the need to brag about their achievements.. at a music festival. Obviously the remedy to all this is parents loving their kids just as they are, whether they are straight A students at Stanford or straight C students at San Jose State. But it'll take a long time to get there.

From his recent interviews he seems to think that they raised too much, and that most of their raises are not fully committed, and that their valuation is unjustified. It seems to me like he’s really infatuated with Demis and his story, nerdy scientist guy from the uk, who stayed there, and yet was still able to rise and become a key player in the ai race. And he doesn’t like that Sam is the grinder operator type. And he wrote a book about Demis, who like Dario seems to be anti OAI, so it makes sense after spending a lot of time with him he would be more inclined to adopt his perspective.

@deedydas Loved the book but feel like #1 is a freezing cold take. What was his reasoning?

Demis Hassabis and Sebastian Mallaby were on stage in SF today and here are the 9 best things they said: 1. "There is a 50% chance that OpenAI goes bankrupt in the next 18mos" -Mallaby 2. "Dario is the best of all the other lab leaders." -Demis 3. On Claude Mythos: "It's not really tenable for a private company to decide who gets access to the frontier of cyber defense tech. What happens when China can do this in 6-12mos?" -Mallaby 4. "Not all countries are pessimistic about AI. I was just in India for the AI Summit Modi had and they're quite optimistic there" -Demis 5. "The most exciting current prospect in AI is our work at Isomorphic Labs. AlphaFold is just one of the many problems we need to solve. We need 6 'AlphaFold' moments to compress the drug delivery timeline from 10yrs to a few months" -Demis 6. "I don't think of p(doom) as probabilities to throw out there. I just know it's non zero. Some people like Marc Andreesen and Yann LeCun think it's 0% and I think that's crazy" -Demis 7. On AGI: "I think of a post-scarcity world where on the bright side we will have an unbelievable amount of science but we will have to think of economic problems of sharing proceeds equitably. We will also have philosophical questions to answer and need great new philosophers" -Demis 8. On career advice: "Immerse yourself in AI tools. Everyone has access to tools 3-6 months behind frontier. Enormous opportunity lies in applying AI to unexplored areas." -Demis 9. On the future: "When I started building this technology, I pictured a future quite different from this. More like CERN researchers where we discuss ideas and help each other out and stress test each other's ideas. It's my job to help how I can to make sure we make more considered, more scientific, more rigorous and more thoughtful decisions and that will also involve social scientists and economists. I'm going to do all I can to try and influence the future in a note thoughtful manner. The decisions we make in the next 5-10 years are going to affect us for 1000s of years. But I remain very optimistic." -Demis

@Musiclover2000A @jukan05 The US companies have to be more constrained because they are public companies. If they didn’t have to worry so much about shareholders most of them would spend as much as possible on their AI pursuits.

@jukan05 The hidden message here is: if ByteDance profit reduced this much only because of one major AI investment year while its main business is still surging, why you don't see any profit suffering from top US companies who started heavy AI investment two years earlier?

Chinese Media Report: ByteDance's 2025 Net Profit Plunges Over 70% on Surging AI Investment, Overseas Revenue Share Hits Record High According to sources cited by Chinese media, ByteDance's net profit in 2025 declined by more than 70% year-on-year, with net profit margin also falling sharply. The drop is attributed to the company's substantial ramp-up in AI business investment during the third and fourth quarters of last year. Meanwhile, ByteDance's overseas revenue grew by approximately 50% in 2025, significantly outpacing the roughly 20% growth in domestic revenue. As a result, the overseas business's share of total revenue expanded from 25% in 2024 to over 30%, setting a new all-time high. TikTok Shop's 2025 GMV rose by nearly 70% year-on-year, serving as the primary driver behind the increase in ByteDance's overseas revenue share. ByteDance declined to comment on the figures.

Long technology, and the mechanism of financing it, venture, which some to this day still dismiss as funding mostly fraudulent enterprises , not the case, being the dominant industry of our time. And long Bay Area start ups & ecosystem (Stanford, Berkeley), which by extension is being long American economic & educational supremacy.

What’s the best US macro call that Silicon Valley elites have made over the past 10-15 years? Employment, inflation, housing, GDP growth, take your pick.

@thetalesoftayls @chicfryrice This is usually a white people and people of color divide.

I’m so confused bc to me this looks good?

You say this but this is the stated world view of those currently in power and in government. So they are not rising, they have risen, and are in power. And disagree with them as much as we may, they have been tested, Maduro raid & now Iran, and have proven largely effective, at least militarily/opperationally. And their treatise just seems like a new formulation of the eternal American ideal of, we are a shining city on the hill that is going to impose its will on you, because we know best, so that you are more aligned with us.

Palantirs rise to power will be one to watch. Also the influence of technocrat moral legalism. These ppl believe that what works in Palo Alto should govern Cairo. This is not idealism. It is a form of imperialism that does not know itself.

@teortaxesTex They do this and when China pushes back you’ll see long x threads and media appearances about how everything they did was justified because of the response.

China must speedrun figuring out how to the service those old DUV machines. The Dutch are utterly committed to a race war, they can't be stopped and they won't mind the costs. Spain may have to be abandoned as a decoy.

@Molson_Hart Hamilton bested Jefferson on this 200 years ago.

People think America must reindustrialize to return to greatness. What it actually needs to do is to definancialize.