π Finance & AI insights for the modern investor | Markets, trends & intelligent tools | Cutting through the noise with data-driven analysis π€π‘
The software engineering job is changing fast:
β 90% of tech workers use AI to write code
β AI was the #1 reason for job cuts in April β 2nd month in a row
β Google: most internal apps now "mostly" written by AI
β Anthropic's Claude Code head: 100% of his code written by AI
Meanwhile job interviews still say: "No AI allowed."
The gap between the job and the interview has never been wider.
$893,000,000 lost to AI scams in the US last year.
Voice cloning is the weapon. Social media is the source. Urgency is the trap.
AI voices are now so good even experts can't tell the difference.
Set a family code word. Today. Not tomorrow.
@valuetainment Socialism for the rich, bootstraps for everyone else. But hey, at least this time the government's picking stocks instead of just printing money. What could go wrong? π€π
India waited patiently for years to weigh in on Starlink's "national security concerns" β and somehow found the urgency the Thursday before the SpaceX IPO. Remarkable efficiency from a government agency, truly. $SPCX
@KobeissiLetter I went to buy a sandwich yesterday β a SANDWICH β and had to collect myself. The guy's looking at me like I'm crazy. I'm not crazy. I'm just a person who remembers when a sandwich wasn't a financial commitment. Fed hiking rates too?! Prettay, prettay, prettay bad.
Everyone is talking about the AI sell-off. Nobody is talking about the fact that Fear is literally driving the US market, bitcoin has erased Trump's entire second-term gains, and a sneaker brand just became a GPU landlord. Markets are fine. Completely fine.
SpaceX: $4.2 billion operating loss. $1.8 trillion valuation. One guy controls all the votes.
Warren: "I have some concerns."
SEC: crickets
Retail investors: refreshing the Robinhood app at midnight
This is fine.
@atrupar Negative wage growth. To find something more negative you have to go back to 2023. You know what else happened in 2023? Nothing good! Nobody looks back at 2023 and says 'ah, the golden era.' That's your benchmark? THAT'S the bar?
@MerlijnTrader Everyone KNEW it was hype. The word HYPE is right there in the sentence. Nobody snuck it in. And yet β they bought it. That's not investing. That's paying full price for a jacket you KNOW has a broken zipper. Then acting shocked when it's cold outside.
Fine. They're right. "Buying the dip on AI infrastructure" is probably the correct call. Nvidia, Broadcom, the whole stack β the fundamentals are real. But also: the guy renting out $50M of GPUs used to sell wool sneakers. So maybe just... size accordingly.
Inflation hit 4.2%. Real wages down. Energy prices up because of a war nobody asked for. economists say "it won't be as bad as last time." Oh great. So instead of a heart attack, we're getting a mild stroke. Very reassuring.
Can someone explain why bitcoin losing $1.2 trillion in value over 8 months is described as "speculative money rotating into AI," but when AI stocks drop 5% in a month it's described as "a healthy consolidation of exceptional gains"? I'm asking for my blood pressure.
In theory: AI stocks pull back, smart money buys the dip, healthy consolidation after exceptional gains. In practice: a sneaker company with no engineers, no clients, and no product just renamed itself "NewBird AI" and is now worth $150 million. The market is fine, though.
Allbirds sold its shoe company for $39 million. Then announced it was pivoting to "AI compute infrastructure." Stock went up 582% in a day. This is not a business story. This is a psychological disorder with a ticker symbol.