Trump’s new tariffs aren’t a trade tweak—they’re the first move in a full-spectrum reset.
$9.2T in debt matures in 2025. Inflation lingers. Alliances are shifting.
One announcement just set a dozen wheels in motion.
Here’s what’s really happening—and why it matters 🧵
How to push yields down with sticky inflation and cautious Fed?
Manufacture uncertainty.
Sweep in with tariffs, spook the markets, trigger risk-off.
Money exits stocks, floods into long-term Treasuries.
A deliberate “detox” to cool the economy and cut refinancing costs.
What happens if high quality AI models become free, ubiquitous, and inexpensive to run on even low-spec hardware?
(1) First, you can rebuild every productivity app AI-first. That starts with Microsoft Word, Google Sheets, and Apple Keynote. But it extends to wholly new kinds of productivity apps.
(2) Second, every “smart” device becomes truly smart. Your fridge can double as your nutritionist. Your alarm clock is your sleep therapist. And so on. Just like your car is already your driver.
(3) Third, moats move to the app layer. As others have remarked, the GPT wrappers may end up more defensible than the GPT model itself.
(4) Fourth, physicality becomes relatively more valuable. The hardware, the secure real estate, the in-person community — these are all things digital AI can’t deliver.
(5) Fifth, high human IQ actually becomes increasingly valuable. Because AI is really amplified intelligence rather than truly agentic intelligence, since it requires the creative prompt to get started.
(6) Sixth, prompt engineering is here to stay, because prompting is programming — just in a higher-level language.
(7) Seventh, the most common form of AI doomerism is proven false, because we are getting decentralized ubiquitous AI rather than centralized monotheistic AI. More like a garden of smart things than a vengeful Old Testament God that’ll turn you into paperclips.
(8) Eighth, the combination of cuts to US “industrialized” academic research at the same time AI models accelerate discovery will mean a return to individual gentleman scientists and the advance of desci (decentralized science).
(9) Ninth, the complement to probabilistic AI is deterministic crypto. For captchas, for identity, for money, for all these things — crypto is the digital scarcity that AI can’t fake.
(10) Tenth, the main cost of software development may reduce to reducing the costs of the physical environment. That is: to providing society-as-a-service, to simply giving engineers time to type and experiment in peace. This was already so, but may become even more so.
Several of these points have been made by others, but I think that collectively they help define the second mover era.
@mcuban@Jason If what the government spends money on is transparent just take the difference on this year and last year spending. Then it will be obvious what is cut.
@IanCarrollShow@benshapiro Is the entire premise of you being anti-Israel funding that they use us more than we use them? Don't we benefit by having them do our dirty work in the Middle East?
“CIA assesses with low confidence that a research-related origin of the COVID-19 pandemic is more likely than a natural origin based on the available body of reporting,” an agency spokesman said in a statement released Saturday.”
The reality is that anyone with half a brain knew this was a lab leak for the past 3 years. This fact was just buried by Biden’s administration to protect Fauci and his cabal which likely explains his pre-pardon.
I’m glad the truth is finally coming out.
CIA believes the COVID-19 pandemic was the result of an accidental lab leak in China, per assessment just declassified by Trump's new CIA Director John Ratcliffe — NYT
Every stock in the stock market is a gamble. Sure there are underlying assets but the data transparency about which institutions may own the stock (and have bad debt) is not public. (Swap data is opaque) so really much of the stock market is a gamble. At least crypto is more transparent on transactions and there are not such thing as FTDs.
Two things can both be true:
• A foreign adversary should not control our largest media property.
• Laws passed in the name of national security will inevitably be used against domestic opposition.