@ThinkingUSD probably time to play another game then. like mastering a sport or instrument
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3.6K posts
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@LightofOmega
some people talk so much yet say so little
เข้าร่วม Ekim 2021
1.1K กำลังติดตาม247 ผู้ติดตาม
light รีทวีตแล้ว
pack it up, it's over.
jack@jack
we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack
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@smartcrypto0 wouldn't have gotten liquidated, wasn't a big position
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@LightofOmega Price went to 48K and you didn't liquidated or TP either side lmao.
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@goodalexander Wouldn't AI be able to write infinite best seller books? Why would original WoW be valuable when AI creates 10,000 alternatives vastly more creative?
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in the near future every book ever written will be a Hollywood grade movie
I think people are likely sleeping on the extreme value of IP franchises (World of Warcraft, Magic the Gathering, Starcraft, Warhammer) not to mention solid Sci Fi epics
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@karbonbased why would you think they'd be cold and robotic in movement? they'd be perfectly warm and movement would be buttery smooth, and you can adjust pressure/specifications as much as you want
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Went and got a facial yesterday.
Took wifey for a couples massage today.
There's no shot that ppl will want cold robotic hands doing these things any time in the foreseeable future.
If you disagree, you're retarded
karbon 🐺🦊@karbonbased
I think all the ai+robotics doomers are smoking the kool aid Humanity won't end. Your autistic tunnel vision of doom is no match for the indomitable human spirit Put down the marvel slop bobblehead and touch grass, kiss, love Humans are irreplaceable.
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That phrase "He conquered death".
I believe that. But I just want to say -
You can affirm that statement and not actually understand what it means. I don't actually understand what it means. No one does. The people that tell you they understand what that means, don't actually know what it means.
It is unknowable. Incomprehensible. The ant looking up at the tread of a tire, trying to understand how the entire car works. To fully understand what it means that Jesus "conquered death" is no more possible than the ant fully understanding how the car works. It is outside of our purview.
So we just grasp at the ungraspable. We reach for the Creator of this universe and we feel the Creator reach back. And that helps us be a better person and we just keep doing that until the meatsack dies and then we're on to the next thing.
Russell Wilson@DangeRussWilson
I BELIEVE IN THE SON OF GOD!!! JESUS!!! He conquered death!
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SBF lost control of a $136 billion portfolio because he couldn't survive a 72-hour bank run.
On November 10, 2022, he was still CEO. Anthropic at 7.84%. 58 million Solana tokens. SpaceX through K5 Global. Robinhood at 7.6%. By November 11, he wasn't CEO of anything.
He made illiquid investments with customer deposits. Venture stakes in Anthropic and SpaceX. Massive Solana and SUI bags. Real estate. Every single one of these was a brilliant call. Anthropic became one of the most valuable AI companies on earth. Solana did a 15x. Bitcoin went from $16K to six figures. Buying Anthropic in April 2021 for $500 million when nobody in crypto cared about AI was visionary. On pure investment selection, SBF's track record is extraordinary.
He made really good investments. With other people's money. In assets he couldn't sell fast enough when those people wanted their money back.
A bank run can happen at any time when you're running a financial exchange. CoinDesk leaks a balance sheet, CZ tweets, and $6 billion in withdrawals hit in 72 hours. You can't liquidate a 7.84% Anthropic stake in an afternoon. That's the whole game. As CEO of a financial company, SBF massively under-invested in the one thing that would have saved him: asset controls. No reserves. No fund segregation. No asset-liability matching. No risk limits on Alameda's borrowing. A $32 billion exchange with the controls of a dorm room Robinhood account.
The bankruptcy lawyers then sold everything at cycle lows. Anthropic went for $1.3 billion. Worth $30 billion today. Solana in the low teens. Worth $12.4 billion today. Total recovered: $18 billion. Total value if held: $136 billion.
SBF was an awesome investor. We shouldn't all feel bad for him. He had every resource to build proper controls and chose to skip them because controls would have prevented the exact trades that produced this spreadsheet. That's the trade he actually made. And 25 years is what he gets.
SBF@SBF_FTX
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light รีทวีตแล้ว
@YanniTrades on the flip side, Gen Z are the most immersed and well positioned to take advantage of the AI tools compared to older generations.
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Gen Z really got fucked man. If you were born in the 2000s, the last 5-6 years looked like this.
• Pre-2020: we were told work hard in school and you’re set, learn to code
• 2020: COVID wipes out key high school/college years
• 2021–22: record inflation, no assets, no cushion, can’t get ahead financially most likely, probably just graduated
• 2023: AI explodes right after you finish school and applying to jobs
• 2024: entry level jobs start getting automated / hiring freeze
• 2025: there’s no way in hell you are getting a job if you don’t have one
• 2026: singularity around the corner and AI is writing its own models fully
Gen Z should pull themselves up by the bootstraps tho.
I don’t know about you but I’m tired man.
Matt Shumer@mattshumer_
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Adding onto this, I’ve had several articles in the draft since LLMs started to go viral just imagining what would happen if it was extrapolated.
It all had no ending because a) no one knows, b) it’s useless to mention if you truly believe it’s that good
if you do believe it’s that good you can’t guide people or tell a kid what he should study in school anymore
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I don’t actually disagree with this article but I feel like it misses a big point.
To assume AI will continue increasing at this pace and quality would mean it’s useless to even try learn about it.
It’ll get so good being ahead of the curve for 1 year doesn’t matter. So why even try to learn about it if it eventually replaces most people and we end up in a world of UBI?
The rich should preserve their capital, and I am not sure what the rest of the world should do.
A time of true uncertainty.
Matt Shumer@mattshumer_
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the following is generated using an ensemble model, ie prompting chatgpt gemini claude using their most advanced models and deep research about ~10 times, then averaging the 10 results using a reasoning model.
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The 10 most AI-durable competitive moats in the world
1. TSMC — Controls 90% of cutting-edge AI chip fabrication with $30B+ per fab costs creating insurmountable barriers. AI demand is tripling revenues while geopolitical risk in Taiwan remains the key concern.
2. Visa — 300B+ annual transactions across 200+ countries create an unbreakable two-sided network built over decades. AI agents needing trusted payment rails make Visa more essential, with agentic commerce growing ~45% CAGR through 2030.
3. ASML — 100% monopoly on EUV lithography — the only machines that can make advanced AI chips, with China’s alternative 15-20 years behind. Pat Dorsey’s #2 holding at 15% of portfolio; export controls to China are the primary risk.
4. MSCI — Indices benchmarked to $15T+ in global assets, embedded in regulatory frameworks and ETF structures, making them “effectively irreplaceable.” 80%+ gross margins with AI raising rather than lowering competitive barriers for would-be disruptors.
5. S&P Global — Duopoly in credit ratings reinforced by SEC regulation, with $15.3B revenue and 50% operating margins. $1B+ invested in AI since 2018, though the stock dropped 18% in one day during the Feb 2026 SaaSpocalypse on conservative guidance.
6. Moody’s — Shares the regulatory-embedded credit rating duopoly with S&P, with ratings potentially even more resilient due to deeper regulatory entrenchment. The Orbis private company database is a unique proprietary data asset that AI makes more valuable.
7. Mastercard — Mirrors Visa’s network moat across 210+ countries with $7B+ invested in cybersecurity and AI. Launched “Agent Pay” for AI agent transactions, transforming transaction data into high-margin analytics.
8. Microsoft — 350M+ commercial Office 365 users, Azure growing 40%, and a $10B AI inference run rate — the fastest revenue ramp in business history. Enterprise switching costs make replacement “open-heart surgery,” but $80-93B in capex with uncertain returns is the risk.
9. Alphabet/Google — 16.4B daily searches generate the world’s richest intent dataset, while YouTube provides unmatched multimodal training data. AI Overview monetizes at parity with traditional ads, though search share dipped below 90% for the first time since 2015.
10. Hermès — Possibly the most AI-proof moat on Earth: 187 years of heritage, hand-stitched Birkin bags, and artificial scarcity that no algorithm can replicate. Overtook LVMH as Europe’s most valuable luxury company, but trades at 52x earnings — 56% above Morningstar’s fair value.
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Didn't renew my tradingview sub, proliquid does the job
proliquid.xyz/charts
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@TimmerFidelity may i recommend a razer basilisk v3 mouse which has a hyperscroll function that will change your life
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Apparently Trump has decided that our coins haven't crashed enough yet.
AF Post@AFpost
The US Embassy is urging American citizens to leave Iran now. Follow: @AFpost
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