River Jangda

This is actually already happening, as there are 250,000+ Brits in the UAE alone. It is also why we will see startup societies and network states.

Morgan Stanley's Adam Jonas has released a video of how how AI and humanoid robots will change the world.

One of the hardest lessons to internalize is that you can’t *just* do good work, you also have to do a lot of it.

@YourCFOGuy Send

Three shocking statistics 1. One year ago, 85% of US job market growth was in government and sectors dependent on government spending like health and education.

The UBER Index You may be familiar with the Big Mac Index, a lighthearted yet surprisingly insightful tool introduced by The Economist in 1986 to simplify the complex theory of Purchasing Power Parity (PPP). By comparing the price of a McDonald’s Big Mac - a near-identical product sold worldwide - the index reveals insights into local economic cost factors like wages, advertising costs, and ingredient prices. Though originally semi-humorous, it gave rise to “burgernomics,” an approach that has gained global recognition as a reasonable measure of real-world purchasing power, offering a unique lens into currency exchange rates and the cost of living in different countries. The idea is simple: track the price of a Big Mac around the world in US dollars to better understand PPP and currency valuations. As I’ve been traveling the world, I often think about the cost of living in the cities I visit. For digital nomads and expats, earning in one currency while spending in another can be a significant advantage. To navigate these cities, I rely on Uber or local rideshare services. When I started comparing the cost per mile of rideshare across different locations, the disparities were shocking. This made me wonder: what would a Big Mac-style index look like based on rideshare data? There was only one way to find out – so I created an “Uber Index”. Using my own rideshare data from 10 international cities, I converted local currencies to USD. You can see how prices per mile in each city compare to the U.S. - specifically Las Vegas, where I used to live. Las Vegas serves as a reasonable benchmark for the U.S., given its relatively average cost of living compared to other large and midsize American cities. Click 👇🧵