John Hwang

enterprise ai trends. ex-head, vix and variance derivatives, Morgan Stanley

[will depue @willdepue]

at some level, the point of making money is so you can say no to more money

[John Hwang @ainativefirm]

No one’s buying this shit

[Wall St Engine @wallstengine]

$META is considering charging up to $199.99/month for Hatch, its planned consumer AI agent, per The Information.

Hatch is described as a consumer version of OpenClaw that can create software tools and automate tasks through plain-language prompts, including scheduling events, sending emails, building simple apps, and creating travel itineraries.

A premium Hatch Plus tier would offer 5-10x more daily capacity than the free version.

During development, Hatch has used Anthropic’s Claude models, but at launch it is expected to run on Meta’s Muse Spark model.

[John Hwang @ainativefirm]

@SingularityRes is that how they "made" 100M?

[James Chanos @RealJimChanos]

@PeterDiamandis Please stop. At YE 2005 $AMZN had an enterprise value of $19B, which was 2x revenues and 30x trailing EBITDA. The market was paying almost nothing for its future businesses. SpaceX’s expected valuation is literally the opposite of that situation.

[John Hwang @ainativefirm]

It's always Morgan Stanley

[Wall St Engine @wallstengine]

ANTHROPIC SAID TO PICK MORGAN STANLEY, GOLDMAN SACHS TO LEAD IPO - BLOOMBERG

[John Hwang @ainativefirm]

The likely order of layoffs in corporate america:
- HR > Marketing > Back Office > Coding > Sales

[Polymarket @Polymarket]

JUST IN: Uber to cut 23% of its People decision, claiming the layoffs are “unrelated to AI”

[John Hwang @ainativefirm]

@SingularityRes @pennycheck Am Korean, you better fucking believe Nasdaq is Kospi's bitch

[John Hwang @ainativefirm]

@bhalligan The real mistake was having the engineer

[John Hwang @ainativefirm]

You basically need to have a thick skin like Gary

[Gary Marcus @GaryMarcus]

Why things will eventually fall apart:

1. Everybody, even Google, seems to be treating AI as if it were some kind of winner take all competition like web search was, in which Google taking over 95%

2. But everybody is building essentially the same technical solution with essentially the same data, so there is no moat.

3. If there is no moat, nobody is going to take 90% of the market.

4. With no clear winners, nobody can charge monopoly prices; instead, you get price wars and commodity pricing.

5. Which means everybody will wind up overpaying compared to the modest profits they will be able to make in an intensely competitive regime.

Am I missing something?

[Nishant Kumar @nishantkumar07]

Ken Griffin’s Citadel is preparing to launch a new program that will collect trading insights from other hedge funds in exchange for a fee to feed into its own quantitative strategies https://t.co/bCpUSVae2U

[Sergey Alexashenko @SAlexashenko]

Google equity raises

[John Hwang @ainativefirm]

@shafu0x This tweet captures of the zeitgeist

[John Hwang @ainativefirm]

@fleetingbits Stopped reading at “they should instead use Harvey”

[John Hwang @ainativefirm]

@varunram Those people don’t spend $

[John Hwang @ainativefirm]

@wallstengine Read it as Citrini for a sec lol

[John Hwang @ainativefirm]

@ElizabethHolmes Are you still in prison?

[kj age @kjage1]

@paurooteri ジェンセン・ファン、29年前のサムスン・イ・ゴンヒ会長の手紙を公開

そして世界初の64mb Dラム開発成功の瞬間、イ・ゴンヒ会長の姿

イ・ゴンヒ会長は当時業界の主流だった日本企業が行っていた安定した方式である6インチウェーハではなく、生産性を高めた8インチウェーハを強行

[John Hwang @ainativefirm]

@tanayj Nice data point

[John Hwang @ainativefirm]

@MTSlive This is also stupid and unfair in the sense that 99% of Internet users never offered a single valuable token to the training corpus. If anything, pay dividends to creators

[John Hwang @ainativefirm]

https://t.co/Akv9eacqkD