All funds go to the benefit of Veterans and At Risk Youth participating in all of VETMOTO’s programming. We need your help to expand, enhance, support the services, facilities, building improvements, and technology expansion of VETMOTO.
https://t.co/cfMY4VY7vX
All funds go to the benefit of Veterans and At Risk Youth participating in all of VETMOTO’s programming. We need your help to expand, enhance, support the services, facilities, building improvements, and technology expansion of VETMOTO.
https://t.co/cfMY4VY7vX
I remember watching @DavidTisch on the Bloomberg Techstars reality show and cringing at all his cursing.
Turns out being a Curser pays.
$1B+ later, congrats David!
We kinda saw it coming in 2008 but it is fully here now. The number one thing I hope all of you do is spend five hours learning about what's going on with live social shopping on TikTok, eBay, whatnot, and other platforms. For many of you this is your platform to break out and build your future dreams. Please do the homework. Please learn the game - and if you have already done it 📲 🛒 - pls leave a comment on your journey so many here can be inspired by the truth of the opportunity
🦔Pflugerville, Texas just killed its Flock Safety contract unanimously after a resident filed a public records request and found 459 outside law enforcement agencies had run 1.6 million searches on the city's 28 cameras in six months. Local police ran 5,078. That's 315 outside searches for every one by Pflugerville PD. The city had told residents nationwide data sharing was turned off. The city manager ordered the lenses physically covered before the council even voted. Pflugerville joins 56 municipalities that have cut ties with Flock in 2026.
My Take
One resident with a public records form did what the city, the police department, and Flock either couldn't or didn't want to do. That's how thin the oversight was on a system searching 1.6 million plates. Nobody was auditing this. Nobody was checking whether the assurances they gave residents were true. It took a guy filing paperwork to find out.
56 cities have walked away from Flock this year and I think that number accelerates once other communities realize they can file the same request. Flock has $500 million in VC money and contracts in 4,000 cities, and civil liberties groups say under 1% of scanned plates ever connect to a crime. Pflugerville's police chief looked at his own data and wouldn't recommend keeping the contract. Every city still running these cameras is one records request away from finding out what their own ratio looks like, and most of them haven't asked yet.
Hedgie🤗
This Silicon Valley insider just exposed Sam Altman and Dario Amodei of running a con on the entire world.
Ed Zitron founded a tech PR agency in 2013 and has spent 13 years being paid to make tech companies look good to reporters.
A trade list of the top 50 PR people in tech has named him four separate times.
In June he obtained OpenAI's audited financial statements and published them.
He just sat down with Steven Bartlett and said:
"I think generative AI is at its heart a con."
And he also explained why…
OpenAI booked $13.07 billion of revenue in 2025 and spent $34 billion getting it. The operating loss came to $20.92 billion.
Research and development alone cost $19.18 billion.
That's more than the company's entire revenue.
And the same filings show where a lot of it went: OpenAI paid Microsoft $17.2 billion last year. Microsoft paid OpenAI $303 million back.
But this is where it gets really interesting…
You have never once paid what any of this actually costs.
SemiAnalysis bought every subscription tier OpenAI and Anthropic sell, then ran coding tasks until the weekly limits died. The gap they found is huge: A $200 ChatGPT Pro plan absorbed $14,000 worth of tokens at list API prices. Claude Max absorbed $8,000.
OpenAI starts losing money on a Plus subscriber the moment that person uses 11.4% of what they're allowed.
So every impression you have of these tools was formed while somebody else covered the bill.
Uber found out what the honest price looks like.
The company burned through its ENTIRE annual AI budget by April. President and COO Andrew Macdonald said the costs were getting hard to justify. Engineers there are now capped at $1,500 a month per coding tool.
That's one of the most sophisticated technology companies on Earth putting its own staff on a leash.
Zitron's argument is that the demand everyone points to was never real. It's demand at a price nobody has been asked to pay yet.
But the money loop is what’s really concerning here:
Nvidia holds equity in CoreWeave, sells CoreWeave the chips, and signed a backstop with an initial value of $6.3 billion.
CoreWeave's own filing shows us the terms: When its data center capacity isn't fully used by its own customers, Nvidia is OBLIGATED to buy the unsold capacity. That obligation runs through April 2032.
So Nvidia sells the GPUs, funds the buyer, and guarantees the demand.
Then CoreWeave walks into a bank holding a signed customer contract and borrows against it.
Zitron's read on that: If you want to build a profitable business, a bank tells you to get lost. If you want to buy GPUs, it's open season.
And Anthropic complicates his case.
The company is running at a $47 billion revenue run rate and projected an operating profit for the second quarter of this year. Amazon lost money for over a decade before AWS turned. Hundreds of millions of people use these products daily and that adoption isn't fake.
If you think about it like that, this is every infrastructure build that got called insane right before it worked.
Zitron says the difference is the size of the hole. Amazon burned $29.7 billion across 12 years. OpenAI burned $21 billion in 12 MONTHS and has pledged roughly $600 billion toward infrastructure through 2030.
Asked what would change his mind, he said a hardware breakthrough that cuts the cost by a thousand.
Nobody has one.
So this ends in a crash that takes ordinary retirement accounts down with it. The companies that own those revealing numbers won't publish them at all.
Only one of those two is hiding something.
And most retirement money in America is already indexed to the companies doing the hiding.
This won’t end well.
@retiredPhlADA Ditto. I used to remember Tuesday's when Time and Newsweek came in the mail to add to having read the Sunday Inky. Now watching a movie like Jaws is more journalism and news.