Chamath Palihapitiya

This may convince me to start microdosing Tirzepatide. What does this drug NOT do?!

What I Read This Week... 1) OpenAI’s Corporate Evolution After months of speculation, the company has formalized its transition into OpenAI Group PBC, a for-profit public benefit corporation currently valued at $500 billion, controlled by the original nonprofit foundation. The shift ends its complex “capped-profit” experiment, where investor returns were previously limited to 100x, and clarifies ownership stakes that had been an open question since last year’s governance crisis. The move was timed alongside a new definitive agreement with Microsoft, which allows both sides more flexibility for the “next phase” of their partnership. Micro…

Appreciate you very much @ScottAdamsSays People will memory hole how costly it was to communicate in the era of shadow banning and cancel culture, but it should be known to everyone that Scott was one of the early standard bearers in that era for free speech and freedom of thought and paid a huge price to say what he thought.

Pod with Elon!

This is excellent.

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In the past, when a CEO needed air cover for layoffs or a strategy change, they’d hire McKinsey to tell them what they already knew and then point to the “consultants”. Now they will point to “AI”, but it’s equally untrue.

It’s convenient to blame AI, and this diagnosis may eventually turn out to be right, but the current wave of job losses are not because of AI. It is companies unwinding ZIRP and DEI hiring excesses that left them bloated and inefficient. https://t.co/N2VksQZZ8E

Bill Gates lost a fortune shorting $TSLA and even more backing dumb ESG projects. It seems his experiment is over and the results are in.

The simplest way to take advantage of this reality is to generate energy for yourself (marginal cost approaching zero) and cut out the utility middlemen who you pay for T&D (avoid the escalating prices). Solar + Battery at home achieves this. Palmetto is the fastest growing neo-utility in America for this simple reason. Spend 15sec and save 15% or more: https://t.co/6fCYZ7KqzJ

lol

Non obvious take: this is not AI job loss. This is the unwinding of the DEI-fueled Hiring Bonanza of the past decade. Many jobs in that period were created under fragile pretenses / immutable traits. Ie, things other than talent. But eventually the chickens come home to roost. All of this hiring may have left Amazon, in their eyes, bloated and inefficient. “AI” is the convenient air cover for articles and pundits trying to find a scapegoat but it’s not the root cause if I had to guess.

Go search for your favorite topics. This is a really good start and, imo, almost equal to Wikipedia already on the topics covered. This will be obviously better than Wikipedia within a year…

This is what pulling up the ladder looks like. Has huge implications as AI becomes broadly useful.

So many layers of Gavin’s psychology on display in this video.

In a world of autonomous cars like Waymo and Cybercab: Car insurance becomes a highly profitable but massively sub scale business. Insurance so “you” can drive on the roads vs a robot will become a very expensive luxury good and be priced as such. Most people won’t bother. Rich enthusiasts will. Massive value destruction of incumbent insurers over time.

“Go far, go together…” https://t.co/bssVOLC7o4

As goes Waymo so does Cybercab. Waymo x Cybercab >>>> human driving. I’m following the trail of breadcrumbs to update my opinions on: - oil (meh) - auto sales (meh) - auto financing (ugh) - auto parts (yuck) - insurance (dead) - retail infrastructure (?) - residential zoning (??) - commercial real estate (???)

In a nutshell, this. https://t.co/CfoetoCYAg

What I read this week... 1) Meta will cut roughly 600 roles across its AI division, which has sparked confusion about whether the company is pulling back from artificial intelligence just as the rest of Big Tech doubles down. The details tell a different story. The layoffs primarily affected Meta’s legacy Facebook Artificial Intelligence Research (FAIR) and infrastructure teams, which were consolidated under the new team, Meta Superintelligence Labs, that Mark assembled in June for $14.3B. Meta Superintelligence Labs is comprised of four groups: TBD Lab: The team managing Meta’s large language models, led by Alexandr Wang (prev. CEO of Sc…

Pod up!!

8090 is looking for exceptional software engineers. Fill out the form below if you're interested in joining our team. Along with your application, I want to hear about the most exceptional product you've built. Include a video walking me through the product, the code, and explain the most significant challenge you faced when working on it. https://t.co/ZDETssM2jv

Friend posted this in a group chat and my immediate though my was: These aren’t AI job losses. But they may very like be “Elon/X” job losses. He fired 80% of Twitter and the company is operating the same/better. Maybe many other companies see that and now also believe they can do something similar (albeit less extreme).

This is an important discussion with Sen Joe Manchin, THE key figure that made sure the Biden Administration didn’t completely flip governance on its ear by eliminating the filibuster. Listen to it in his own words - recounted from his book.

We are witnessing the slow-motion destruction of one of the greatest cities in the world. https://t.co/BJXoJ0Z5wm

Maybe you will live to 92 vs 89 but are you happier now?

First, you build a product. Then, the good ones build a platform.

Amazon’s total number of deployed robots has 66x in 10 years. The robotics program began after its 2012 acquisition of Kiva Systems for $775m. It aimed at automating warehouse picking and sorting. What started as a logistics efficiency project has evolved into one of the world's largest fleets of autonomous systems. We recently released a primer on how Amazon became the backbone of ecommerce and the internet, as yesterday’s AWS outage reminded the world. Check out my Substack if you want to learn with me: https://t.co/yptG7PyuPo

If the market clearing price for an accurate M&A or IPO model is $150/hr, why do we pay 3-6% of the deal value?

wtf!?!?!? wow.