Le scandale politique de ces derniers jours. Le jeune PDG français de Mistral AI, Arthur Mensch, s’est déplacé pr une audition devant la commission d’enquête sur les vulnérabilités numériques
Quasiment aucun député présent.
Une salle vide, une intervention pourtant magistrale
On Mensch: At age 33, only 3 years after co-founding Mistral, he has accepted the role of tech statesman to a degree that I don't think I've seen from any other founder in Europe during my 12 years here. I'm not talking about the CEOs of SAP types.
Koreans are surrendering life insurance policies to buy SK hynix, Insurance surrenders at the top 3 life insurers jumped 16% last quarter.
Savings bank deposits fell below 100 trillion won for the first time in 4 years. Commercial bank time deposits dropped 12 trillion won since February.
The entire financial system is being rerouted into 2 semiconductor stocks. When new money into a rally comes not from income but from liquidating safety nets, that is how the end of every cycle looks man, this is crazy .....
Investors over 50 now hold 62% of margin loans at Korea top 10 brokerages. Among those in their 60s, margin debt doubled from 3.9 to 8 trillion won in one year.
These are people who spent decades in fixed deposits and real estate, now entering a semiconductor rally on borrowed money at record highs.
When the KOSPI dropped 19% in March, leveraged investors in their 60s lost 20% on average. The rally recovered.
same thing in smaller model happening in India - MTF, i feel this so stupid
@LargeFamDad raising kids in this world is truly terrifying and coping at the expense of « the other side » is perfectly understandable, even at the risk of making broad, un-nuanced generalizations 🤷♀️
We're launching Monaco today.
Monaco automates customer acquisition and revenue growth for startups.
The platform disrupting sales with AI has finally arrived.
This short film by former Pixar animator Rodrigo Blaas is genuinely disturbing. Alma (2009) delivers more unease in a few minutes than many full-length horror films.
Last quarter I rolled out Microsoft Copilot to 4,000 employees.
$30 per seat per month.
$1.4 million annually.
I called it "digital transformation."
The board loved that phrase.
They approved it in eleven minutes.
No one asked what it would actually do.
Including me.
I told everyone it would "10x productivity."
That's not a real number.
But it sounds like one.
HR asked how we'd measure the 10x.
I said we'd "leverage analytics dashboards."
They stopped asking.
Three months later I checked the usage reports.
47 people had opened it.
12 had used it more than once.
One of them was me.
I used it to summarize an email I could have read in 30 seconds.
It took 45 seconds.
Plus the time it took to fix the hallucinations.
But I called it a "pilot success."
Success means the pilot didn't visibly fail.
The CFO asked about ROI.
I showed him a graph.
The graph went up and to the right.
It measured "AI enablement."
I made that metric up.
He nodded approvingly.
We're "AI-enabled" now.
I don't know what that means.
But it's in our investor deck.
A senior developer asked why we didn't use Claude or ChatGPT.
I said we needed "enterprise-grade security."
He asked what that meant.
I said "compliance."
He asked which compliance.
I said "all of them."
He looked skeptical.
I scheduled him for a "career development conversation."
He stopped asking questions.
Microsoft sent a case study team.
They wanted to feature us as a success story.
I told them we "saved 40,000 hours."
I calculated that number by multiplying employees by a number I made up.
They didn't verify it.
They never do.
Now we're on Microsoft's website.
"Global enterprise achieves 40,000 hours of productivity gains with Copilot."
The CEO shared it on LinkedIn.
He got 3,000 likes.
He's never used Copilot.
None of the executives have.
We have an exemption.
"Strategic focus requires minimal digital distraction."
I wrote that policy.
The licenses renew next month.
I'm requesting an expansion.
5,000 more seats.
We haven't used the first 4,000.
But this time we'll "drive adoption."
Adoption means mandatory training.
Training means a 45-minute webinar no one watches.
But completion will be tracked.
Completion is a metric.
Metrics go in dashboards.
Dashboards go in board presentations.
Board presentations get me promoted.
I'll be SVP by Q3.
I still don't know what Copilot does.
But I know what it's for.
It's for showing we're "investing in AI."
Investment means spending.
Spending means commitment.
Commitment means we're serious about the future.
The future is whatever I say it is.
As long as the graph goes up and to the right.