Periodic reminder that in the last insurtech cycle, several unicorn founders 996ed to a poor 1.3 combined ratio, while Danish insurance CEOs took July off producing .79 CRs.
Our @TODAY__HQ assistant suggests financial advisors the optimal thing to say in real time. 4 agents running research, objection handling and next best action in the background.
one of the most interesting things about ai products today is that almost none of them are *live*.
there’s nothing running continuously, reacting to context as it changes.. maybe a scheduled digest here or a timer there, but that’s just pull dressed up as push.
everything is fundamentally a vending machine where you walk up, ask, get an answer, & then leave. getting this right is obviously tricky & the business model behind must fit to justify the burn but this is where really interesting application layer problems live rn.
EU Inc. proposal right now:
- max. 48 hrs and €100 to incorporate
- registration through common EU portal, automatic tax registration
- fully digital process, no notaries
- EU employee stock option plans, taxed only when sold
- simplified insolvency procedures
Ben Thompson with the best take on DOD v. Anthropic, which is basically: if you don't want the government to treat your technology like nuclear weapons, stop comparing your technology to nuclear weapons.
Hype Tax.
The Danish prime minister is campaigning for the next election on a wealth tax. Poisonous for entrepreneurship, and its unrealized paper gains. The state doesn't even need the money (huge surplus!), but needs to feed the envy. So Danish, so sad. https://t.co/134E4Y0GJ0
me: uses coderabbit, doesnt like it
coderabbit eng: how can we do better
me: [list of feedback]
coderabbit CEO: you have no idea what you're talking about
me: ???
no wonder the product is so shit