Bluemind

Bookmark this for when you need to trigger a German (use at your own geopolitical risk)

Only 60 million people on earth (1.6% of adults) have a net worth over $1 million. Those 60M people hold 48% of all global wealth. The bottom 1.55 billion hold 0.6%. Source: UBS Global Wealth Report 2025

I’m currently in Lofoten, Norway. I’ve never been anywhere like this before. It’s the most bizarre place I’ve ever been. For one, during the summer the sun does not set. 24 hours of daylight every day. The locals call it the Midnight Sun. It’s currently 12 AM and people are still hiking. Kids are still playing outside. After five days of consistent daylight I’m in a euphoric, trance-like dream state. Everyone should experience this at least once.

Bugün yoldaydım. Gece mola verdiğim istisnasız her tesiste elektrikli araçlar şarjdayken içinde uyuyan aileler gördüm. Arkadaşlar bunun teknik riskleri konusunda sanırım ciddi bir bilinçsizlik var. Hızlı şarj sırasında bataryaya devasa bir akım basılır. Pilin en çok strese girdiği ve en yüksek ısıyı ürettiği an tam olarak budur. Çok düşük bir ihtimal bile olsa, o esnada yaşanacak bir termal kaçak yani bataryanın alev alması durumu saniyeler içinde aracı yutar. Derin uykudayken böyle bir duruma tepki verip çocukları o kapalı kutudan dışarı çıkarmanız neredeyse imkansız. Araç yüksek akımla şarj olurken içinde ailecek uyumayın. Gidin tesiste çayınızı için biraz ayaklarınız açılsın. Canınızı teknolojiye bu kadar körü körüne emanet etmeyin.

An alien who is in the U.S. temporarily and wants a Green Card must return to their home country to apply. This policy allows our immigration system to function as the law intended instead of incentivizing loopholes. The era of abusing our nation’s immigration system is over.

No electricity, no fuel, just water. The Bunyip Pump is transforming the way irrigation works in Australian farms. Gravity-powered, it uses the energy of falling water to pump a smaller volume of water uphill, without the need for electricity or fuel.

🦔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🤗