Alexander Pitz

Journalist

[Scott @scottstts]

I predict that in 5-10 years every household will have a local AI server that serves all the AI workload of the house, digital or robotics. It’ll be as common as a WiFi router or a fridge

it creates a private mesh network to link all the devices in the house and does inference completely locally, with built in data vault resistant to remote data hacking or physical tampering. That way you can have every single piece of information about you and your family stored in there and never leaves it, and AI can use them to provide most accurate and customized services

[Thomas Mayer @Thomassorx]

Diese Grafik muss man eigentlich zweimal ansehen. Deutschland steht tatsächlich ganz am Ende.

Seit Ende 2019 ist die deutsche Wirtschaft real praktisch nicht gewachsen. Während selbst innerhalb Europas viele Länder deutlich zugelegt haben, sind wir heute ungefähr wieder dort, wo wir vor der Pandemie waren.

Da wundert es mich ehrlich gesagt auch nicht mehr, dass ich immer häufiger von Menschen höre, die Deutschland verlassen oder zumindest darüber nachdenken. Kapital und Fachkräfte sind schließlich nicht verpflichtet zu bleiben. Wenn anderswo bessere Bedingungen, mehr Dynamik und größere Chancen warten, werden sie irgendwann dorthin gehen.

Und genau da wird es für Deutschland unangenehm: Fehlendes Wachstum ist das eine. Wenn aber gleichzeitig Investitionen, Unternehmen und qualifizierte Menschen anfangen, sich anderswo eine Zukunft zu suchen, wird daraus ein viel größeres Problem.

Was meinen Sie: Was müsste Deutschland ändern, damit Kapital und Talente wieder lieber hierbleiben, statt sich anderswo umzusehen?

[Ramin Nasibov @RaminNasibov]

My concept for the future €100 banknote 🇪🇺

[Dave Portnoy @stoolpresidente]

Wait there is a 3rd place World Cup game? What kind of loser bullshit is that? That’s gotta be the most demoralizing game of all time

[Patrick Saner @patrick_saner]

Friendly reminder that the Austrian treasury is the best in the world. Issue a 100y bond at par and now we trade in the 29s

[Ellen Carmichael @ellencarmichael]

The most interesting part of the red card saga isn't the ruling. It's how differently Americans and Europeans process the idea that they might have been wronged.

Europeans are fundamentally different from Americans in one particular way: they expect life to be aggravating and at times unfair. It's just a fact of moving through the world. I joke that in Europe, the customer is always wrong. You didn't read the fine print. The only pharmacy in town is closed every other Tuesday for three hours, and even if the times weren't posted, that's still your problem. Too bad if you want the bill, because the waiter's on his union-mandated half-hour smoke break, and you're just going to have to wait.

To quote the great Mark Knopfler: sometimes you're the windshield, sometimes you're the bug. There's something freeing in that. Things are less in your control, so there's less angst in managing your expectations.

In America, things couldn't be more different. We simply can't accept a wrong left unrighted.

The flight attendant sneezed handing you a drink on your one-hour flight? 15,000 frequent flyer miles. Didn't like your appetizer? A replacement is on the way, and the whole course comes off the bill. There's a reason our interstates are lined with trial lawyer billboards.

Europeans have turned complaining into a continental pastime with no expectation that the universe owes them a remedy for their grief. You gripe about the train being late, your friends nod solemnly and everyone goes back to their apéro. In America, we launch a full-blown investigation of the train system, sue the government (and its contractors) that allowed for the tardiness and hold a Congressional hearing on the state of national infrastructure.

So to an objective observer, the red card shouldn't have happened, and VAR was a travesty. To Americans, our star player shouldn't be unfairly banned from a match we couldn't afford to lose for a card he so obviously didn't deserve.

Who cares that FIFA used a little-used reversal to fix it. Who cares that other people are mad about it. We. Were. Wronged. It was unjust. It must be corrected. We would accept nothing less.

Europeans waxing poetic about the sanctity of the game are, of course, talking about a governing body whose last tournament host was decided via confirmed cash bribes — one that imposed dress codes on women, shrugged off widespread allegations of modern slavery and reconfigured the entire tournament calendar to suit the host country. Which is exactly the point. If you've made peace with all of that, at least enough to watch the tournament four years later, a probationary suspension isn't actually a scandal.

Maybe that's the real divide. Over millennia, Europeans have made peace with being the bug. Americans have never once considered it, and apparently, we're not about to start now.

[Mats Hummels @matshummels]

Cape Verde 👑 that was the most impressive game i have ever seen from a big time underdog, my biggest respect 🫂

[Dave Portnoy @stoolpresidente]

For the 1st time in my life I have caught World Cup Fever. No Scotland….No Party

[Pavel Durov @durov]

Banning social media for teenagers only puts them in greater danger.

Teens are forced to switch to VPNs — and unlock far worse illegal content.

We’ve seen this before. When the Russian government banned Telegram, 95% of Russian teenagers kept using it. They just moved to VPNs.

[Trung Phan @TrungTPhan]

an all-time bet on yourself

[Reads with Ravi @readswithravi]

I’m in love with this sentence:

“Consistency looks like nothing is happening, until everything changes.”

[Heisenberg @Mr_Derivatives]

I will always remember Jerome Powell for one thing and one thing only…..

“Just close the fucking door”

#legend

[Bespoke @bespokeinvest]

Since 1928, this is the first time the S&P has made new all-time highs in 11 days or fewer after falling 5-10%.

[Anthony Pompliano 🌪 @APompliano]

Just as everyone overreacted to the tariffs, those who freaked out over the Iran war and short term oil prices will look foolish too.

We live in a world where everyone has amnesia, so markets won’t remember any of this in a few months.

[Benedikt Brechtken @ben_brechtken]

Die Erfinder der 12-Uhr-Tankstellen-Regel halten sich für kompetent genug, die deutsche Wirtschaft umzubauen und den Klimawandel zu stoppen. Keine Pointe.

[Mario Lochner @mario_lochner]

Trump hat die Zölle nun abgeblasen und die Märkte gehen durch die Decke. Keine Überraschung, wenn man das inszenierte Zoll-Theater aus den letzten Monaten studiert hat…

[Forrest Knight @ForrestPKnight]

Honestly, Ben Affleck actually knowing AI and the landscape caught me off guard, but as a writer, makes sense.

Great takes across the board.

[Garry Kasparov @Kasparov63]

Maduro is a dictator who stayed in power by force after losing an election. No one who believes in democracy should mourn his fall. Trump's pretexts and potential geopolitical deals especially w Russia deserve scrutiny, but the Venezuelan people deserve a chance at freedom.

[zerohedge @zerohedge]

Uranium: the next gold

[The Kobeissi Letter @KobeissiLetter]

JENSEN HUANG:

"In the next 6-7 years you are going to see a bunch of small nuclear reactors... we will ALL be power generators, just like somebody's farm."

Are "mini" nuclear reactors the solution to the impending energy shortage caused by AI?