Chamath Palihapitiya

I don’t know if there is anything shady going on here or not, but I will say, more generally, that VCs prefer social proof than actual diligence: “XYZ did the A, we must get into the B” or “ARR is growing so fast, we need to get in”. In the final telling, there will be a lot of zeroes in the AI complex as some companies have spectacular rises and falls. When we look back, the reason above will largely explain why.

At 8090, one of our best engineers is still in high school. How he got a job here is a story for another day but, more generally, brilliant kids like him, using AI, will rebuild our entire world for the better. https://t.co/qG1wSNW6Bp

Jensen Pod!!!!!!

This is really well summarized here. People ask me why we focused 8090 on (complex) enterprise engagements from day 1 and not small entrepreneurs. The answer is that this is where all the action is. The second is that the concept of digital sovereignty will become part of the water table soon. If you don’t own your knowledge and processes, you will be disrupted. And the most powerful way to own your knowledge and processes is to have bespoke software that absorbs all of the tribal knowledge of your employees that enables it to grow and make money. This is what 8090’s Software Factory does. If, however, you stay as-is and don’t take back …

Deep Dive: Prediction Markets

Before the 2024 election, prediction markets were primarily a niche curiosity with weekly trading volumes hovering around $50 million. Today, prediction markets have over $6 billion in weekly trading volume: more than 100x in just over 24 months. The 2024 presidential election marked the move of prediction markets into the mainstream. The two largest prediction market platforms, Polymarket and Kalshi, saw over $4.2B in trading volume on the election event alone. While traditional polling remained largely static within a margin of error, prediction markets reacted to new information in real-time, moving ahead of polls, calling swing states …

Most of us…

If I hypothetically owned an American resource with 5m oz of gold should I:

Pod will be a banger. All Jensen all the time - from GTC! Up soon… https://t.co/BcfRje6nXm

@mayasweetm Kind of true

@Cal_Reyes There are many ways to have win-win subscriptions. This will be one goal for ours - to figure out where we go from per-seat or MRR in a word of agents, AI and variable tokens.

Today I’m very excited to announce a global partnership between 8090 and EY. EY will adopt 8090’s Software Factory and use it to help their customers break free from slow, costly and failure-prone legacy enterprise software using our AI-native software factory that reimagines the software development lifecycle. EY is a massive global organization with more than 400,000 employees and tens of thousands of customers in every sector of the global economy. 8090’s Software Factory is the new way organizations can move to a focus on building software that is powerfully bespoke, hi quality, easy to maintain, easy to migrate and always consistent a…

Another week, another set of improvements to Software Factory. If you want to explore how AI can help you build better software, please consider trying it and giving us feedback. Try it here: https://t.co/UAxNYUWgf0

We built a replacement for Jira. It's now incorporated into Software Factory...please try it and let us know how to make it better. Try it here: https://t.co/UAxNYUWgf0

Likely true

👀 Groq Groq Groq

https://t.co/AnAB73Y5Hf

The Collapse Of Terminal Value - What Happens If AI Makes Every Moat Temporary?

The Collapse of Terminal Value The following is a thought exercise. It is an inversion to re-examine...well, everything. Let’s start with first principles. The entire architecture of modern capital markets rests on a single, rarely examined assumption: that competitive advantages compound over time. Moats persist. Brands endure. Network effects defend. Strip that assumption away, and you aren't just repricing some stocks, you would be dismantling the philosophical foundation of how capital has been allocated for a century. Here is a scenario worth taking seriously: AI lowers the cost of disruption so dramatically, and raises the pace of i…

💯

Sunlight is life https://t.co/eXN1iSv27q

Deep Dive: The First Voluntary Population Crisis in History

In my 2021 Social Capital Annual Letter, I warned that a demographic time bomb was already ticking. At the time, U.S. Census data showed deaths exceeding births in more than 73% of U.S. counties. Even after stripping out pandemic-related deaths, population growth had still neared all-time lows. Since then, the U.S. total fertility rate has fallen another 4% to a record low of 1.6, extending a long-term decline of 57% since 1960. And the U.S. is not an outlier. 110 out of 204 countries now sit below the total fertility replacement level of 2.1. By the year 2100, it’s expected that over 90% of countries could fall below replacement level. …

lol. The revenue for the model makers are going parabolic. But if the below is true, a plurality of that revenue isn’t sustainable.

Just do things.

What if AI doesn’t need to show an immediate ROI but instead is the plausible deniability companies use to RIF 50% of the workforce they already knew did nothing??

Newsom drove one refinery to shut down last year and one that will shut down in another month. Our gas prices were already sky high because of these actual and forecasted closures - it forced us to import gas and have little bargaining power in doing it.

What I read this week... 1) Mastercard Brings Circle and 85+ Firms Into Crypto Payments Push Mastercard launched its Crypto Partner Program on March 11, bringing together more than 85 crypto-native firms, payments providers, and financial institutions in a formal collaboration group. Participants include Circle, Binance, PayPal, Ripple, Gemini, Paxos, SoFi, Worldpay, Polygon, Solana, Fireblocks, and BitGo. Mastercard said the program is designed as a forum for product input, standards, and collaboration. The program helps shift digital assets from experimental side rails into production-grade integration with Mastercard’s 150+ million glob…

Except we’re all paying more…

Not a single meaningful company has yet to say that they are making at least 2x+ from all of this incremental money they are spending since even last Fall! When ROI?

We have been building a Software Factory - v1 wasn’t quite right but our v2, over the past year, has been really great so far. Lots of customer success and the product is getting better every day. You can try it here: https://t.co/UAxNYUWgf0

One step closer!

Pod!