They had the most dominant social platform for a second and proceeded to absolutely destroy the company with shitty hardware including a tiny drone that they immediately recalled and canceled and the worst AR/VR glasses ever
Brendan Sorsby is not a gambling addict. Addiction became his escape hatch once he got caught and realized the punishment was a lifetime ban from college football.
People only hate Elon Musk because he comes from an emerald mining fortune made in apartheid South Africa, he buys ideas and pretends he’s an inventor, he’s a white supremacist, union-busting, abusive employer, he’s hoarding $1T in stolen wages, he makes us ashamed to be human,
Elon Musk held up a chainsaw, fed USAID into the wood chipper, and at least 600,00 people have already died as a result - two-thirds of them children.
History's first trillionaire.
Folks, we are in a recession. that’s my conviction as an economist and I don’t care whether you agree or disagree. This is decades’ worth of experience and research and knowledge telling you that the narrative you’re being sold is a lie.
Job losses do not start before recessions. You lose most of the jobs in the first third of recessions already underway. Typically, hiring remains robust right up until the moment (and a few months past) a recession starts.
Then the job bleed begins.
It is a fallacy to think that you would see job losses before a recession starts. That is not the way this works.
If you’re waiting to see job losses before you realize where we are, you’re too late because we’re already in the first third to half of a recession underway.
We’re in a recession. It’s going to be made worse by inflationary pressure due to tariffs last year and oil prices this year.
If you think that the stock market can remain at all-time highs through it… 😬
Commercial advertising, product placements, and corporate-sponsored promotions are explicitly prohibited on national parklands. The White House lawn is a unit of the National Park System. It also violates standard Anti-Vending and Solicitation Laws as well as misuse of public funds and government endorsement ethics. Everything this administration does spits in the face of our laws. Everything is a grift.
OpenAI valuation: $852 billion. never turned a profit.
Anthropic valuation: $965 billion. never turned a profit.
both filed for IPOs this week.
now OpenAI wants to cut prices.
a company that has never turned a profit wants to cut prices to compete with a company that has never turned a profit. right before both of them ask the public to buy their stock.
Uber already said they maxed out their entire 2026 AI budget. another executive said it was hard to connect AI spending to anything customers could actually see.
nobody is buying more. enterprises are hitting ceilings. the market is softening.
so they cut prices not because AI got cheaper.
but because the IPO roadshow starts next quarter and they need the user numbers to look good for IPO slide.
IYKYK.
So you can use the 5th/6th/7th best LLMs, getting 80-85% of the top guys' performance, but at an 85-95% discount in price?
You know what we call that? A commodity...
exactly what happened with LCD TVs, OLEDs, solar panels, electric cars, phones, etc
good luck with your AI IPOs!