greg jackson

🚨 Let me tell you why this Goldman Sachs headline is the most dangerous one you'll read today.. Companies spent $450 billion on AI last year.. fired tens of thousands of people to "restructure around AI".. replaced entire departments with chatbots.. And Goldman Sachs just said it contributed basically zero to economic growth.. so where did the money go? > It went to Nvidia.. $130 billion in GPU sales.. Jensen is the only man on earth who got rich from AI that hasn't produced anything yet.. > It went to stock buybacks.. companies fired people, cut costs, reported "record profits" and bought back their own shares.. the money went UP not OUT.. Jesus! > It went to a bubble.. the same way crypto money went to Lamborghinis and not infrastructure.. AI money is going to valuations and not productivity.. here's the part that should terrify you.. They already fired the people.. Atlassian 1,600.. Meta 21,000.. Block 40%.. Amazon warehouses.. the jobs are already gone.. But the growth didn't come.. the productivity didn't come.. the revenue didn't come.. they burned the village to build a city that doesn't exist yet.. and Goldman Sachs just looked at the empty lot and said "there's nothing here"

Ireland’s population chart remains a wild one to look at. The country has still not recovered from the Great Famine (1845-52).

Look into those despairing eyes. Is it despair for his country, its people we see? Nope, it's the inevitable electoral hiding coming his way, on his watch, soiling his CV we see.

Trump casually threatens to use nuclear weapons to end the war "in two seconds" while sitting right next to the Prime Minister of Japan—the only country to ever suffer an atomic bombing. The host calls him a complete sociopath.

Thoughts and prayers for the 13 year old son.

The awful thing? It looks almost lucid compared to now.

So much winning.

@mlbkiwi Worth a shot I guess.

The funniest thing I’ve seen today #nzpol

Admiral Yamamoto, seen here realizing he’d totally forgot to tell Trump he was going to attack Pearl Harbor.

@SerenaTNZ I get the next step down - diverticulosis - I feel your pain.Good skills from that doc.

11 months since my last diverticulitis flare and infection. The pain is pretty bad. Thank goodness for my lovely Gp , who made sure I had a back pocket course of antibiotics at home which I could start straight away . I love her so much ❤️

Canada has observed the largest decline in happiness in the world (along with the UK)

The American Mountains Where Gaelic Was Still Spoken Two Hundred Years After Culloden lovetovisitscotland.com/the-american-m… (Tis true.A recent DNA test showed I have strong links to early Americans)

@southstarbrew Same for my partner.Must be me.

@therealgregjack still working for me, not that I am there much.

Bluesky's photos stopped showing up this week, now the entire Bluesky site seems to have left.Anyone else?

Israel has been pummeled all night. Based on my counts of alerts and reports of landings from open sources the number increased tonight, though there are no reports of casualties. My Whatsapp groups are filled with people having breakdowns after not sleeping for two weeks. In Jerusalem 4 alerts were heard in a 90 minute span. Iran has been able to increase the number of launches daily. Everyone seems angry at the IDF and Netanyahu for lying about the destruction of Iranian capabilities.

About time!

🚨BREAKING: Qatar just declared force majeure on LNG contracts to Italy, Belgium, South Korea, and China. For up to 5 years. Here's what the CEO just told In an exclusive interview with Reuters, Qatar's Energy Minister and CEO of QatarEnergy just confirmed the damage from Iran's attack on Ras Laffan. It's worse than anyone thought. → 2 out of 14 LNG trains damaged → 1 of 2 gas-to-liquids (GTL) facilities damaged → 12.8 million tonnes per year of LNG offline for 3-5 years → 17% of Qatar's total LNG export capacity gone → $20 billion annual revenue loss → $26 billion in damaged facilities (the CEO said they "should not be attacked") QatarEnergy may declare force majeure on long term LNG supply contracts to: → Italy → Belgium → South Korea → China For up to 5 years. Additional exports declining: → Condensates: Down 24% → LPG: Down 13% → Naphtha: Down 6% → Sulphur: Down 6% → Helium: Down 14% The damaged trains: → Train S4 and S6: 30% owned by ExxonMobil, rest by QatarEnergy Production cannot restart until hostilities cease. What this means? 12.8 million tonnes per year = 17% of Qatar's LNG capacity. 17% of its capacity just disappeared for 3-5 years. Italy, Belgium, South Korea, China: These countries had long-term contracts with Qatar. Force majeure means those contracts are suspended. They now have to compete in spot markets for replacement cargoes. Against each other. And against every other buyer scrambling for LNG. $20 billion per year in lost revenue for Qatar. $26 billion in facilities damaged. The only country with capacity to absorb Qatari volumes at scale is the United States. I wrote a full breakdown on how this shift benefits US LNG producers and which stocks are positioned to win from Qatar's structural supply loss👇 open.substack.com/pub/themerchan… #Iran #Qatar #LNG