Robert

> la IA contaba mal el inventario en Starbucks > Microsoft bloqueó claude code para sus propios ingenieros > Uber no encuentra el ROI después de gastar miles de millones en IA 3 derrotas de la IA esta semana en el sector laboral. WE ARE SO BACK

BREAKING: The EU just banned cash payments over €10,000. And will require ID for all Bitcoin transactions starting 2027. The same EU that's losing the stablecoin war to America. The same EU whose German Chancellor called it a "world champion of over-regulation." Is now tracking every Bitcoin transaction above a certain threshold. Cash banned above €10,000. Bitcoin requires ID. Gold can still be bought anonymously. The EU isn't fighting financial crime. It's fighting financial freedom. While America proposes zero capital gains on Bitcoin. While UAE builds crypto banks with zero restrictions. Europe is building a financial surveillance state. And calling it consumer protection. 2027 is closer than it sounds.

Uber’s COO has said that it’s getting “harder to justify” its AI costs because there was no way to show a link between AI spend and any meaningful increase in useful features. This is the first time I’ve seen a company say this directly. businessinsider.com/uber-coo-andre…

CEOs are the most delusional about AI. Detached from reality.

@LawrenceLepard lol sure

Non consensus view. Warsh will cut. He will use the AI Productivity and trimmed inflation excuses. Will claim all the war inflation is transitory. Two data points from today's WSJ support this view. Kevin Hassett, director of the White House National Economic Council, made the same case days earlier on Bloomberg Television. “We’re really likely to see rate cuts this year because of Kevin Warsh,” he said. “Nothing is more transient than a supply shock,” Treasury Secretary Scott Bessent said on CNBC last week, predicting a substantial easing in price pressures after “one or two more hot inflation numbers.” As Miran points out, inflation occurs with a lag. So, cut, juice the market, run it hot, all to help with the mid terms. My view, war is over. Oil will come down allowing this.

@MerlijnTrader lol sure

THE FED IS ABOUT TO CUT WHILE THE ECONOMY BOOMS. 🇺🇸 New Fed Chair Kevin Warsh: AI is "structurally disinflationary." Per his WSJ op-ed. Same pattern. Different decade. 1995: Greenspan saw the productivity boom. Let the economy run hot. Cut rates anyway. Result: 7 years of risk-on. Nasdaq up 1,132%. Musk, Altman, Bezos, Druckenmiller all agree: AI is deflationary. Warsh just took the chair. June 16: his first FOMC. The next few years are going to be insane.

JUST IN: 🇮🇷🇺🇸 Iran agreed to give up enriched uranium in proposed deal announced by President Trump, NYT reports.

🚨 THE ENTIRE AI BOOM MIGHT BE BUILT ON FAKE REVENUE. Latest corporate filings show that OpenAI and Anthropic alone make up over half of the entire $2 trillion future cloud backlog held by Microsoft, Oracle, Google, and Amazon. This massive pipeline is actually being created through a circular accounting trick called a round trip revenue loop. But how it works ? A tech giant gives billions of dollars to an AI startup as an "investment". But hidden in the contract is a strict rule forcing the startup to hand that exact same money straight back to the tech giant to rent their computer servers. Look at the documented case of Microsoft and OpenAI. When Microsoft invested $13 billion into OpenAI, it didn't just give them cash; it gave them "cloud credits" to use Microsoft servers. OpenAI used those exact credits to train its AI models, and Microsoft then turned around and recorded that server usage as brand new "cloud revenue" from a customer. The tech giant is literally paying itself with its own money and calling it a sale. This is why OpenAI’s annual cloud bill has ballooned to over $60 billion, double its actual revenue of $25 billion, kept alive solely by this recycled funding loop. Anthropic runs the exact same play, spending $2.66 billion on Amazon Web Services in just nine months, which was basically 100% of all the money it earned at the time. This manufactured demand triggers a second accounting trick where tech giants book massive paper profits. Every time a startup gets a higher value from a new funding round, the tech giant updates the value of its investment on its books and counts that unearned paper gain as direct profit. In Q1 2026, Alphabet reported a record $62.6 billion profit, but $28.7 billion nearly half, was just a paper markup on its Anthropic investment. In the same quarter, Amazon reported $30.3 billion in profit, but $16.8 billion of it was just an Anthropic paper gain. While Amazon reported record profits, its actual free cash flow collapsed 95% to just $1.2 billion because it had to spend $44.2 billion in real cash to build physical data centers. This has created a massive danger where these giant companies rely heavily on just one or two unstable startups. Microsoft has 49% of its $627 billion future backlog tied to OpenAI, while Oracle has an incredible 54% of its entire $553 billion pipeline relying on OpenAI alone. This perfectly mirrors the 2001 dot-com crash when Global Crossing and Qwest Communications swapped identical fiber-optic network capacity with each other just to book fake sales. Qwest had to erase $1.4 billion in fake income, and Global Crossing went completely bankrupt. The only difference is that the dot-com swaps were illegal, but today's AI loop is fully legal under current accounting rules. This legal loop inflates tech company stock prices, forcing automatic retirement accounts and index funds to buy even more of these tech stocks. It is a self feeding loop where investments, sales, and stock prices all go up on paper without the AI technology ever making real cash profits.

@dgt10011 lol sure

The Warsh era has officially begun. Unleash the beast.

@BullTheoryio lol sure this is why its dumped

🇺🇸 One SEC decision wiped out $42 billion from crypto. The SEC just delayed its plan to allow crypto versions of US stocks on regulated exchanges, and the crypto market started dumping on the news. Bitcoin is down -2.14%, wiping out $33.8 billion from its market cap. Ethereum is down -3.40%, wiping out $8.5 billion. $320 million in longs were liquidated in just 60 minutes. This decision is huge because if the SEC allowed this, it would have opened the door for trillions in traditional equity exposure to flow into crypto.

🦔Microsoft canceled its internal Claude Code licenses this week after token-based billing made the cost untenable, even for a company with effectively infinite cloud resources. Uber's CTO sent an internal memo warning the company burned through its entire 2026 AI budget in just four months. American AI software prices have jumped 20% to 37%, and GitHub (owned by Microsoft) is dropping flat-rate plans for usage-based billing across its products. My Take The AI subsidy era is ending in real time. The same company that put $13 billion into OpenAI and built the Azure infrastructure powering most of Anthropic's compute just looked at the bill from a competitor's coding tool and decided it was not worth paying. That is not a productivity failure on Anthropic's end. Token-based pricing is forcing every enterprise customer to confront the actual cost of running these models at scale, and the number turns out to be far higher than the flat-rate experiments suggested. This ties directly to my Gemini Flash post yesterday. Anthropic, OpenAI, and Google all raised effective prices in the last six months. Enterprises that built workflows assuming AI costs would keep falling are now watching annual budgets evaporate in months. Two outcomes look likely from here. Either enterprises scale back AI usage to fit budgets, which slows the revenue ramp the labs need to justify their valuations ahead of IPOs, or the labs cut prices and absorb the losses, which makes the unit economics worse at exactly the wrong moment. Both paths land in the same place, the numbers stop working, and somebody has to take the writedown. Hedgie🤗

Microsoft is having to cancel its internal AI usage because the cost is too high. This is despite Microsoft owning a large percentage of the company it gets its AI from. The end is coming and the AI collapse has begun.

First major defeat to Ai in job sector.

JUST IN: Starbucks retires AI inventory tool across North America after it reportedly miscounted & mislabeled store items.

NEW: Pizza Hut franchisee sues for $100 million, claiming the company’s AI delivery system made deliveries up to 50% slower.

BREAKING: FOX NEWS JUST REVEALED THE NEW US STRATEGIC #BITCOIN RESERVE BILL IS TARGETING 5% OF THE ENTIRE BTC SUPPLY THAT'S OVER 1,000,000 BTC BTC RESERVE WILL BE "THE NEW FORT KNOX" GLOBAL BTC RACE IS ON 🚀

BREAKING: The final draft of the US-Iran deal has been reached

JUST IN: 🇺🇸 US House passes bill to limit large investors from buying up single-family homes.

JUST IN: $1 BILLION STRIVE JUST RAISED ENOUGH MONEY TO BUY OVER $16,000,000 WORTH OF #BITCOIN VIA $SATA IN JUST 2 DAYS SAYLOR STARTED A REVOLUTION CORPORATION ADOPTION WILL GO PARABOLIC. SEND IT 🚀

Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC strategy.com/press/strategy…