The human body became a software engineering problem the minute CRISPR arrived. Now, AI writes better code than humans, with every disease becoming a potential coding challenge.
This is a once-in-human-history moment. Rethink how you spend time. Rethink how you spend money. Whatever you do, don't stay stuck or frozen in the past.
🚨 Jamie Dimon explains why people are leaving New York
"Our head count in Manhattan when I got to JPMorgan was 35,000 and now is 26,000. Our head count in Texas started at 11,000, now it's 33,000. That's what happens."
Jamie Dimon on why companies are leaving New York:
"Highest individual taxes, highest estate taxes, highest corporate taxes, anti-business sentiment."
"When I grew up as a kid in New York City, there were 120 of the Fortune 500 headquarters there. In the 1970s, 60 of the 120 left, including Exxon, GE, IBM, Union Carbide. They're all going to Texas."
The Hill & Valley Forum 2026
@HillValleyForum@jpmorgan@ChairmanG
AI on a wicked race to the bottom!
Grok 4: $0.28/M tokens
Gemini 3 Flash: $0.50/M tokens
Gemini 2.5 Flash: $0.30/M tokens
Gemini 2.5 Flash-Lite: $0.10/M tokens
GPT-4 in ’23: $37.50!
Look out below, and let’s go! ❤️
Humans don't like change. Yet there is an insane about of change coming... "A supersonic tsunami" @elonmusk Who is modeling this? Charting the path through the tsunami to minimize downside and maximize human flourishing?-- To stabilize society and head towards Universal High-Income, and minimize social unrest? This is the MOST important challenge, our 2030 Moonshot.
We are very lucky to be alive at a time when extraordinary, almost unbelievable things are happening, things that previous generations would have considered impossible, magical, or miraculous.
Your entire life will change the day you realize that it's all on you. No one is coming to save you. No one will fix your problems. No one will change your mindsets. No one will hand you the things you want in life.
It's just you. It's all on you. There's a power in that.
The presidents of @Harvard, @MIT, and @Penn were all asked the following question under oath at today’s congressional hearing on antisemitism:
Does calling for the genocide of Jews violate [your university’s] code of conduct or rules regarding bullying or harassment?
The answers they gave reflect the profound moral bankruptcy of Presidents Gay, Magill and Kornbluth.
Representative @EliseStefanik was so shocked with the answers that she asked each of them the same question over and over again, and they gave the same answers over and over again.
In short, they said:
It ‘depends on the context’ and ‘whether the speech turns into conduct,’ that is, actually killing Jews.
This could be the most extraordinary testimony ever elicited in the Congress, certainly on the topic of genocide, which to remind us all is:
“the deliberate killing of a large number of people from a particular nation or ethnic group with the aim of destroying that nation or group”
The presidents’ answers reflect the profound educational, moral and ethical failures that pervade certain of our elite educational institutions due in large part to their failed leadership.
Don’t take my word for it.
You must watch the following three minutes. By the end, you will be where I am.
They must all resign in disgrace.
If a CEO of one of our companies gave a similar answer, he or she would be toast within the hour.
Why has antisemitism exploded on campus and around the world?
Because of leaders like Presidents Gay, Magill and Kornbluth who believe genocide depends on the context.
To think that these are the leaders of Ivy League institutions that are charged with the responsibility to educate our best and brightest.
On the bright side, our congressional leaders deserve accolades for showing tremendous leadership and moral clarity in their statements, by the questions they asked, and the respectfulness with which they conducted the hearing.
It was a masterclass of how our government and democracy should operate.
If you have time, please watch the entire hearing. Throughout the hearing, the three behaved like hostile witnesses, exhibiting a profound disdain for the Congress with their smiles and smirks, and their outright refusal to answer basic questions with a yes or no answer.
I’ve been taking the driverless robotaxis around SF.
They’re safe and fun. Also slower and less efficient than Ubers, because they’re strict rule followers.
What’s wild is that we’re back to a world human-taxis are expensive and hard to find. Suddenly it’s easier and cheaper to call a robotaxi!
Last night I waited 30 minutes and two cancels from Uber before I called the Cruise and it came in 5.
It’s fascinating to watch a labor shortage get solved by robots.
APOLLO: “Cellphone traffic in downtown San Francisco is now at 29% of pre-pandemic levels. For Chicago, it is 56%, and for New York City, it is 71%. The data compares the week of April 10, 2023, with the corresponding week in 2019.” [Slok]