People in the NBA believe Jaylen Brown has a "disease" where he thinks he’s the smartest person in the room, per @colincowherd
“I had two NBA sources … two people in the league, one an executive, one a scout, say that Jaylen Brown has — it’s a disease. He suddenly thinks he’s the smartest guy in every room he’s in ... You make a lot of money, suddenly you’re absolutely sure, you don’t wanna listen to your bosses, you don’t wanna listen to consultants, you don’t wanna listen to teammates.”
(Via @volumebball, h/t @TheNBABase)
JUST IN: U.S. Department of Transportation reportedly moving to roll back an Obama-era rule requiring airlines to prominently display total ticket prices.
PepsiCo, the parent company of Doritos, lost over $1 billion after raising the price of a bag of Doritos to $6-$7. People stopped buying them. They later lowered the price to recover some of the lost revenue, but sales are still down.
I love that for them.
The Supreme Court just ruled that Bayer, the maker of Roundup weedkiller, can get away with poisoning us and giving people cancer, and that we are not allowed to sue them. This is America: a country so depraved that it puts the profits of corporations over people’s lives.
BREAKING: The Charlotte Hornets are trading star guard LaMelo Ball and Josh Green to the Minnesota Timberwolves for Naz Reid, a 2033 unprotected first-round pick, three first-round pick swaps (2028, 2029, 2030) and three second-round picks (2029, 2032, 2033), sources tell ESPN.
🚨BREAKING: Two researchers from UPenn and Boston University just published a paper that should be uncomfortable reading for every CEO automating their workforce right now.
The argument is straightforward. Every company replacing workers with AI is also eliminating its own future customers. Laid off workers stop spending. Enough of them stop spending and nobody can afford to buy anything. The companies that fired everyone end up selling into an economy with no purchasing power left.
Every executive can see this. The math is not complicated. But here is why nobody stops.
If you do not automate, your competitor does. They cut costs, lower prices, take your market share, and you collapse anyway. So every company automates knowing it is collectively destructive because the alternative is dying alone while everyone else survives. The researchers proved this is a Prisoner's Dilemma playing out in real time.
The numbers are already moving. Block cut nearly half its 10,000 employees this year. Jack Dorsey said AI made those roles unnecessary and that within the next year the majority of companies will reach the same conclusion. Salesforce replaced 4,000 customer support agents with AI. Goldman Sachs deployed a coding tool that lets one engineer do the work of five. Over 100,000 tech workers were laid off in 2025 and AI was cited as the primary driver in more than half those cases. 80% of US workers hold jobs with tasks susceptible to AI automation.
The researchers tested every proposed solution. Universal basic income does not change a single company's incentive to automate. Capital income taxes adjust profit levels but not the per-task decision to replace a human. Collective bargaining cannot hold because automating is always the dominant strategy.
They also identified what they call a Red Queen effect. Better AI does not solve the problem, it accelerates it. Every company chases faster automation to gain market share over rivals but at the end everyone has automated equally, the gains cancel out, and the only thing left is more destroyed demand.
The one thing the math says could work is a Pigouvian automation tax. A per-task charge that forces companies to account for the demand they destroy each time they replace a worker.
The conclusion is that this is not a transfer of wealth from workers to owners. Both sides lose. Workers lose income. Companies lose customers. It is a deadweight loss with no market mechanism to stop it on its own.
(Link in the comment)
A white woman in Florida killed her toddler by giving him raw milk, despite the warning label on the carton. She walks free AND sues the farm.
A Black mother feeds her sick baby organic whole milk during Hurricane Katrina, and she spends 18 years in jail.
"American Justice"
After losing billions of dollars and having just 5 subscribers, #AppleTV will be shutting down at the end of the year.
Paramount/Warner Bros. will acquire all of Apple’s content.