Ray

🚨 SOMETHING VERY BAD IS HAPPENING The stock market keeps trying to push higher. OpenAI and Anthropic are now worth $2.1T. That is 10% of the entire Nasdaq. Look at the math: – $450B burned per year – $50B in actual revenue The entire AI bull case depends on one assumption: Inference gets cheaper. That is how funds justify the math. Spend massively today, scale later, margins explode when inference costs collapse. But that assumption is breaking: - Memory is getting expensive. - Compute is not getting cheap fast enough. - Inference is not falling the way everyone modeled. And if inference does not get dramatically cheaper, the whole AI margin story starts to crack. The loop is obvious: – Big players fund each other – Partnerships look perfect on paper – Revenue moves around inside the same system Everyone calls it growth. I call it the final stage of mania. In 2000, companies added “.com” to the name and valuations exploded: – Small profits – Massive valuations – Perfect stories Then reality hit. Nasdaq collapsed 80%. Now companies add “AI” to the name and reprice instantly: – Small profits – Massive valuations – Perfect AI stories This is the dot-com bubble with better AI branding. And bubbles do not warn you before they break. They break when everyone thinks the story is untouchable. The next move won’t wait for you. Follow and turn notifications on.

In The Boys finale, Homelander had to look powerless according to Eric Kripke “Yeah, it was really important to us for Homelander to at least experience a little bit of time powerless.” “People have asked me, ‘Well, why don’t you send him out in the world powerless, wouldn’t that be the ultimate punishment?’ “I’m like, it would, until he gets his hands on some more Compound V, and then you’re back to where you started.” “So, he cannot walk out of that room alive, but we can spend time with him powerless to really reveal what everyone’s been saying all season, which is, ‘Take away those powers and you are nothing.’ “And he’s so cowardly and blubbering and pathetic, as are most strong men when you remove their power and they’re and they’re faced with their imminent death, they rarely handle it bravely.”