Chris Kelley

@kate_rouch This is such bad marketing

Betrayal! Deception! Treachery! Those ads are funny (and the former meta ads executive who made them is good at his job. he had a lot of practice) Here’s what’s not funny: Calling “ads” a betrayal when your business model is selling paid subscriptions to companies. ChatGPT has more free users in Texas than Claude (trademark) has globally. Real betrayal isn’t ads. It’s control. Anthropic thinks powerful AI should be tightly controlled in small rooms in San Francisco and Davos. That its too DANGEROUS for you. That the future should be built somewhere else, by someone who is smarter We don’t believe that. Every week, 300M+ people use ChatGPT to learn how to do something. More than half of U.S. users say it helped them do something they once thought was impossible. Free access creates agency. When people have the tools, THEY decide what to build. You can just build things.

@jonclegg77 @TheRealJunto Companies have a ton of staff today that focusing on non-“core competency” stuff. All of G&A for the most part - that’s 10-20% of revenue for most software cos today. Still they find it important enough to house internally. This could just be another G&A function in the future.

Even if they are trivislish to build with AI. You will need to have a staff keeping it up, servicing, and hosting it and keeping it secure. That’s a product, even if the code was mostly free. That’s a big distraction from a company’s core competency. Even if the “staff” was one or two dudes. They will take a lot of knowledge with them if they leave. That said, maybe it doesn’t matter and an AI can just figure everything out?

AI is going to kill SaaS? Anthropic, the company arguably most capable of insourcing, uses Workday, Salesforce, GitHub, Atlassian, MongoDB, among other enterprise software

@bubbleboi @Jaytheguz What margins? Capex is below the line.

@Jaytheguz It will but not higher margins

Microsoft capex is a canary in the coal mine. Big tech is changing forever and no one has priced that in… yet. In the previous decades these companies were characterized by high cash flow and high margins since serving and creating software was relatively cheap. This is no longer the case. People are mistaken to think that AI has decreased the cost of software — it has not. Yes, you can run Claude Code to whip up code faster but the cost of the infrastructure to run Claude & similar AI models is EXPLOSIVELY HIGHER than any other piece of software in history. Proliferation of artificial intelligence means that the cost of running software is going up. Huge capex is needed, this is already true, but what people aren’t getting is that it’s not going away. These high margin software businesses Are becoming capex heavy industrial businesses that need to upgrade huge fleets of data centers every four to five years. If you don’t invest in the capex you will lose customers. You HAVE to spend it. Forget even running your own model, just making the infra to run any model cheaply & quickly is extremely valuable and an edge in the market. The financial analysts are all looking at the last 10 years of financial statements trying to use that as a guide to price the future. There isn’t anything there that hints at this level of debt, capex, and REOCCURRING EXPENSES. This is why you see mass layoffs at Amazon, Microsoft, Google because they are fighting that game. It’s partly bloat it’s also to make room for the new biggest cost which is the build out of all these data centers. That cost is only going UP, not down b/c its capex squared. ASML needs capex to feed TSMC’s capex to feed Nvidia’s capex to feed Meta’s capex. Every step here is someone else’s margin until it falls down to big tech. So I can’t believe I’m saying this but.. expect a massive repricing of all these companies 20-40% lower than where they are now. Big Tech will resemble the valuations of industrial companies from now on.

Hey @Campbells - this your guy? You guys cool?

@barstoolsports Detroit Catholic Central High School

Filling up your high school gym for a Rocket League match goes so hard

@nicochristie Incredible. Figured it was just a matter of time - nicely done. Can I give it a try?

Introducing Shortcut — the first superhuman Excel agent. Shortcut one-shots most knowledge work tasks on Excel. It even scores >80% on Excel World Championship Cases in ~10 minutes. That's 10x faster than humans. Our early preview is live. Just comment for an invite code.

@tracyalloway It's a joke numb nuts 🤦‍♂️

This is a big deal. Wall Street analysts self-censoring their research is never a good thing, especially someone like Mike Cembalest. bloomberg.com/news/articles/…

@cosmicfibretion I’m not an Elon fan, but this is not true. All sources point to a margin call threshold of $114 per share of TSLA. We’re much further away from that than a 9% decline.

Tesla is down 9% in overnight trading. Elon is looking at a margin call tomorrow.

@LynAldenContact @JoeCarlasare Superficial take. When people feel more wealthy and secure financially, they spend more freely. And vice versa.

@JoeCarlasare Trillions of *unrealized* wealth destroyed. Easy come, easy go.

trillions of dollars of household wealth destroyed in recent weeks

@WallStreetApes Imagine uprooting your entire life and moving across the country to save $650.

California resident recently moved to Florida She explains in California her vehicle registration cost her $700 a year. She just got her bill in the mail from Florida. It’s only $47 “So love you Southern California, but this is why we left” Democrats have destroyed California

@MattZeitlin Trump bankrupted or failed more than 10 companies over just 20 years. What did we expect?

CNBC anchor: "The market reaction after hours, I've never seen anything like, this is worse that the worst case scenario in terms of what the market expected"

@regard_capital @lucas_chae Same

@lucas_chae I got stuck on this page

I built "Duolingo for Goals" Our brains aren't wired for massive goals - we get overwhelmed, lose focus, and quit. So I built an AI coach that breaks ANY goals into daily micro-tasks.

@fourboxesdiner @azsweetheart013 This dude just flies by the extreme grifting of Trump and his cronies (just look at latest tax cuts for starters) all the while regurgitating Right Wing lvl1 talking points that lack any factual proof. The fact that so many ppl think this way is reason US is far beyond the brink

@azsweetheart013 That because it turns out those various professions have become state-funded grifters in various ways while President Trump literally risk his life and fortune to save America. So, yes, I trust President Trump more than virtually anyone in those professions.

I guess we are burning the country down.

@oilyfans @DrNeilStone @paul_e_jones Wow, you’re dumb. Take a lap.

@DrNeilStone @paul_e_jones If you don’t know what causes it. Then you can’t know what doesn’t cause it.

Rates of of autism are the same in unvaccinated kids as in vaccinated kids. So vaccines aren't the cause. There. I've saved RFK Jr a lot of time and effort.

@Emily_lvs1 @FPWellman @upinmontana Good lord. You are the face of someone guzzling the talking points of billionaires and corporate america - all while they slowly kick the chair out from beneath you...

@FPWellman @upinmontana The CFPB has been making the rest of us pay more because they protect those who are not responsible or couldn’t afford the credit they were given in the first place.

The disaster about to hit millions of Americans, many on here cheering their own destruction, is hard to contemplate. The entire thing will be almost impossible to comprehend but only matched by the mental gymnastics they will take to blame anyone but Musk, Trump, and themselves.

There seems to be new OpenAI censorship around MAGA-related inquiries on ChatGPT... but similar questions about Democrats are fair game. Care to explain @sama? #selloutsam

@jarvis_best @AP Except Trump

BREAKING: Justice Department directs prosecutors to investigate local jurisdictions that try to obstruct immigration enforcement. apnews.com/article/justic…

@basic321 @realNateD @AnnieForTruth Fed sets monetary policy. Inflation was mostly from covid-era stimulus and Trump spent more than Biden. On energy, oil production under Biden > under Trump. And, unemployment is at historical lows. Facts matter.

@c_kelley @realNateD @AnnieForTruth Poor monetary policies of the Biden administration, high energy prices as a result of Biden's attack on fossil fuels without cost efficient alternatives, and poor labor market when Biden's leadership makes unemployment more lucrative than working

@BeaconTerraOne @GunnelsWarren So?

@GunnelsWarren Each one of them built their wealth with hard work and working for entry level wages when they were starting out.

Welcome to the Divided States of Oligarchy: Elon Musk Wealth 2012: $2 billion 2025: $449 billion Jeff Bezos Wealth 2012: $18 billion 2025: $245 billion Mark Zuckerberg Wealth 2012: $44 billion 2025: $217 billion Federal Minimum Wage 2009: $7.25 an hour 2025: $7.25 an hour

@R_H_Ebright @3mptyAlmost @kylegriffin1 Come on… lookup Lorance v. Commandant, USDB. But you knew that…

@3mptyAlmost @kylegriffin1 x.com/R_H_Ebright/st…

Dr. Fauci on his pardon: "Let me be perfectly clear: I have committed no crime and there are no possible grounds for any allegation or threat of criminal investigation or prosecution of me. The fact is, however, that the mere articulation of these baseless threats, and the potential that they will be acted upon, create immeasurable and intolerable distress for me and my family. For these reasons, I acknowledge and appreciate the action that President Biden has taken today on my behalf."