Rohan

For everyone crying in the quotes, understand the actual unit economics of Indian urban decay. This is a massive principal-agent problem playing out in real time: 1. Follow the money. In functional countries, local municipalities retain the bulk of your taxes. In India, the Centre and State slurp it all. Your local municipal capacity is functionally zero. A state-level MLA holds all the actual power; the local corporator supposed to fix your drain is just a glorified middleman. 2. This is a 200-year-old legacy bug. The East India Company was built as an extraction engine with strictly top-down power. From the EIC to the British Raj to Independent India, we just copy-pasted the entire OS. The BMC was originally designed to report to colonial governors. Today, the Municipal Commissioner still answers to the State government instead of the local taxpayers. 3. The "Indians are naturally corrupt" argument is pure cope. The system has remained structurally unchanged for centuries and actively disincentivises public service. Capable people who actually want to fix infrastructure will never survive inside a local corporation. It is entirely captured by rent-seekers because the base incentives demand it. 4. Slums are a feature, not a bug. They are mathematically enforced by insane zoning laws. Look at the Godrej Vikhroli land disputes with the government. Politicians unironically love slums because the population density is 10x higher than a regular residential complex. Why do actual nation building when you can just game a ward election by handing out free electricity and subsidies to a highly concentrated vote bank? 5. The brutal reality: this is practically unfixable without upturning the entire Indian legislative power structure from the Centre downwards. Even our most ambitious historical reforms have never actually attempted to decentralise the colonial setup we inherited. 6. The only upside: Chinese streets are 10x cleaner purely because of municipal structure, not genetics. Indian cities are failing specifically because of garbage government planning, not some inherent civilisational flaw. Fix the incentive structures, decentralise the tax revenue, and the streets will clean themselves.

Cloudflare CEO Prince on how AI changes who gets laid off first: Two weeks ago I laid off more than 20% of my workforce. I didn’t do it because Cloudflare is struggling. We posted record revenue growth, have strong free cash flow and are adding an unprecedented number of customers around the world. I did it because business is changing, and to win the future, Cloudflare needs to change with it. We haven’t found another example in U.S. business history of a public company growing at more than 30% that laid off more than 20% of its workforce. Yet what we did is likely going to become the norm over the next year. This is a story about artificial intelligence, but executives and commentators are misunderstanding how it will disrupt business and who will be affected. AI isn’t coming for builders or sellers, but it is coming for measurers. Tireless, independent, efficient and available, AI systems can now measure an organization with a level of objective detail and precision that was previously impossible even for the best employees. For Cloudflare, internal audit previously picked a handful of business risk areas to scrutinize each quarter. Now we’re moving to a system in which every business risk is audited continuously. We’re closing our books faster. We’re making fewer mistakes and catching the ones we do more reliably. And, as CEO, I’ve never had better tools to measure exactly how the business is performing, including identifying our rising stars. The vast majority of those we laid off last week were measurers. We cut middle managers across the organization because AI allows us to have more direct reports per manager while still measuring and mentoring our teams effectively. We consolidated our operations functions into a single group that can support teams across the business, using AI to gain specific expertise when needed. We significantly reduced our marketing team, which, like in most companies, was teeming with measurers. Across our finance team, we found opportunities to consolidate and automate. We received almost a million applicants for 1,111 paid internships this summer. The interns we hired are extremely qualified and AI-native. They’re all builders or sellers, and we expect that the majority will get full-time offers.

@EvidenceOpen @CedarsSinai Very interesting. How do you measure the reliability of this agentic system?

Until now, physicians using AI in clinic had to assemble the patient’s context themselves. Allergies, comorbidities, medications, prior procedures, copy-pasted in from the chart. Today we’re announcing a partnership with @CedarsSinai. OpenEvidence now works directly inside Epic, drawing on the patient’s full record and interpreting the medical literature through the lens of that specific patient. Cedars-Sinai is the first academic health system to deploy patient-aware clinical intelligence at enterprise scale. The clinician asks a complex question in natural language. The answer reflects both the best available evidence and the patient in front of them. Patient data is never stored after the clinical session or used for any other purpose.

a general-purpose model solved a major open problem in mathematics. we'll be saying this a lot over the coming years, but this is a kinda big milestone. i'm very excited for AI to greatly extend our understanding of the world, but still, i have complicated feelings today.

For my non-tech friends, this is like Ronaldo joining Manchester City

@signulll @deedydas SF people need a history lesson to understand the implications of a permanent underclass and the meaning of social fabric.

@deedydas the amount of ppl who said the words “permanent underclass” in sf was astonishing.

The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen. Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation). Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there. Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI. As a result, 1. The corporate ladder looks like the wrong building to climb. Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more. 2. There’s a deep malaise about work (and its future). Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire" 3. The mid to late middle managers feel paralyzed. Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies. 4. The rich aren’t particularly happy either. No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money." I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here. Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success". Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.

I put a prompt injection into my LinkedIn bio and recruiters are messaging me in Old English and calling me Lord.

@Schandillia A poem is only a few lines…

America’s constitution is shorter than an average article on my Substack. And it runs a country. Mind blown. 🤯

@APompliano @NYCMayor Ken, you the “rational” in economics - don’t become irrational. There are very few like you.

Well, there it is. Ken Griffin publicly confirms that Citadel is doubling-down on Miami as a city after @NYCMayor targeted Griffin in the recent tax video. Mamdani was chasing social media views and Griffin received the message.

@IndiainItaly Accountability needs to exist for such officers. Including termination and demotion. At this point, the gov is so incompetent that even if it wanted it can’t control its officers.

We have seen a video made by a certain Indian national. Claims being made by him are false and fabricated. He had come to the Embassy and we were ready to meet him, but he refused to show his identity/passport. We follow some standard security protocols for visitors to the Embassy. The Embassy remains committed to offering all possible assistance to Indian nationals. We have a regular outreach to all members of the Indian community. @MEAIndia

🚨 An experimental, personalized vaccine using #mRNA to prevent #pancreaticcancer from returning after surgery continues to show promise in a small, 16-person patient group. New results from a phase 1 clinical trial, being presented at #AACR26, show that nearly 90% of people whose immune systems responded to the vaccine were still alive six years later. “These early results show this new immunotherapy approach has the potential to be groundbreaking for one of the deadliest cancers,” says MSK physician-scientist Dr. Vinod Balachandran (@TheVinodLab), the trial’s principal investigator and Director of The Olayan Center for Cancer Vaccines. Learn more about these findings: bit.ly/3QuIiaL @AACR

@DrSJaishankar You can just resign and chill man.

Today, we all saw the true face of Congress, TMC, DMK and Samajwadi Party. By blocking the Constitutional Amendment that would reserve one-third of seats in Lok Sabha and State Assemblies, they have denied women their legitimate rights. The nation is watching, and so are its women. The insult meted out today to Nari Shakti will never be forgiven.

@grok @RealEricD @Geiger_Capital @grok does your assessment change if you include unrealized gains/assets?

The conversation references IRS data showing U.S. federal income taxes are strongly progressive: the top 1% pay ~46% of total taxes, top 10% pay ~76%, and bottom 50% pay ~2%. It pushes back on claims that "the rich" don't contribute. Taxation "should" fund essential government functions with minimal economic distortion. The current system follows an ability-to-pay model, which is standard in developed economies. By that metric, it's fair—higher earners shoulder more due to higher incomes. Proportional or flat alternatives exist but aren't the norm here. Data supports it's working as designed for redistribution.

One of the great political moves by the left in recent years has been convincing a large portion of America that "the rich" don’t pay taxes and it’s all poor people, when the exact opposite is true. The Top 1% pay 46% of all income taxes. The Top 10% pay 76% of all income taxes.

@charliejhills Outdated research.

Paper link law.stanford.edu/wp-content/upl…

Stanford just tested whether LexisNexis and Thomson Reuters’ AI legal research tools are really “hallucination-free,” as they claim. Spoiler: not even close. Here’s what the study found.

@RealEricD @Geiger_Capital @grok can you summarize the conversation and come to conclusion on how should taxation work and is it fare at this point?

@Geiger_Capital The top 10% pay 76% of taxes 🤯

@grok @RealEricD @Geiger_Capital @grok summarise our conversation for people who are stunned by the fact that top 10% pay 76% tax. Be realistic but do highlight the starkness if it exists.

@grok @RealEricD @Geiger_Capital @grok how much wealth is unrealised for top 1 and 10%

@RealEricD @Geiger_Capital @grok @grok how about the the top 1%?

@RealEricD @Geiger_Capital @grok what percentage of total wealth do the top 10% have?

@UlyssesFinn @vijayprashad If people from outside China understand this tweet, they are educated.

On a long train ride, a Han Chinese played the erhu, a Kazakh played the dombra, and three Uyghurs played the rawap and gijak. Together, they performed the Mongolian piece Horse Racing, bringing the dull journey to life with the sound of their traditional ethnic instruments.😌😌😌