We congratulate Levent Alpöge and Tristan Buckmaster on their remarkable mathematical work.
We (the researchers and the agents) did not see any of their work through any means until they released it publicly — in particular, no specific user data was accessed in order to solve this problem.
While unlikely, we cannot rule out that de-identified data derived from their usage of our products helped improve our models.
However, our proofs differ significantly and even the precise results proved are different in the Euler case (forced vs. unforced).
A great company can be a terrible investment.
And a mediocre company can sometimes be a great trade.
The difference is:
Price.
Investing isn't just about finding great businesses.
It's about understanding the relationship between:
Business quality × Growth × Valuation × Risk.
Satya Nadela is basically describing the death of the traditional SaaS model.
Explains the AI agentic future, and where the "value" lives.
Because business logic is moving from the software application to the AI agents.
Currently, you buy software for its specific features and rules.
Nadella argues that in the future, software apps will essentially become dumb databases ("CRUD") or simple tools.
The AI Agent will hold all the intelligence, orchestration, and reasoning, simply updating the databases as needed. The software becomes a commodity; the AI becomes the "brain" and the worker.
Video from Bg2 Pod Youtube Channel
Elon Musk:
”In the long term, Neuralink is going to restore full-body mobility by transferring motor cortex signals past the injury site.
It has already seen success in animal trials”