Active at 85!
Martha Stewart says people need to get it through their ‘thick skulls’ that there’s ‘no such thing as balance’—even at 85 she starts work at 7 a.m. https://t.co/PAGV1NB31p via @@Yahoo
Why Do Toxic People Excel At Making Friends? Here’s What’s Really Going On, According To Experts. https://t.co/r8KEdWqtT1 via @@Yahoo
feel better now since I don't have friends ;-)
🚨 Welcome to the $15 billion California High Speed Rail to nowhere:
Since 2008 California has spent $15 billion and has not connected a single city or laid a single track. It is now projected to cost more than $200 billion to finish despite being proved nearly impossible to complete.
In 2008 China also announced a high-speed rail and has now connected the entire country with over 30,000 miles while California has connected 0 miles.
Over $500 million has gone to contractors who could not work, homes are currently being built on the alignment, and farmers will lose their farms. In this video I go down the alignment of the high speed rail exposing the failures and confront the legislators in charge of this absolute disaster of a project.
A prime example of fraud, waste and abuse of the taxpayer dollar.
Delta Flight 15 takes off from Frankfurt at dawn.
On board: 218 passengers. Families. Business travelers. A pregnant woman. Shirley Brooks-Jones, 65 years old, heading home to Columbus, Ohio.
Five hours into the flight, a note reaches the cockpit.
All U.S. airspace is closed. Land immediately.
The captain says nothing about why. He tells passengers it's a minor instrument problem. Privately, the crew already knows about the World Trade Center.
Gander International Airport. Newfoundland, Canada. Midday.
The plane touches down 400 miles off its route. Out the window, passengers count 38 other jumbo jets already parked on the tarmac.
By nightfall, 53 international flights sit grounded here. Nearly 6,600 people are stuck, with nowhere to go.
Nobody is allowed off.
For 28 hours, 218 people sit inside that plane. No real answers. No word on what's happening back home.
Here's what makes it worse: most of them don't yet know if their own families are safe.
Word finally spreads through the cabin. Two hijacked planes. The towers. The Pentagon. A field in Pennsylvania.
The plane goes silent.
Gander. Day two.
Passengers finally step off the aircraft. They're bused 45 kilometers to a town called Lewisporte.
Population: just over 3,300 people.
Lewisporte has no idea 218 strangers are about to double its guest capacity overnight. It doesn't matter.
The mayor puts out one call for bedding and food.
The whole town answers.
Schools close. Churches open. The Lions Club clears its hall and sets up cots by hand. High schoolers skip class to serve meals and translate for confused travelers.
The pregnant passenger is placed in a home across the street from urgent care.
Elderly passengers are welcomed into private houses, not shelters.
Phone lines are opened for free, unlimited, day and night.
When passengers try to pay shopkeepers back, the answer is always no.
Nobody in Lewisporte will take a dollar.
Local volunteers even bring out screech, the region's famous rum, and host a mock "screeching-in" ceremony to make the exhausted travelers laugh.
For three days, this town of fishermen and loggers cares for people it has never met and will likely never see again.
Brooks-Jones later calls it something simple.
She says: "the most beautiful experience I have ever had in my life."
Gander Airport. Three days later. Departure.
Flight 15 is finally cleared to fly home.
Before takeoff, Brooks-Jones asks the captain for one thing: permission to speak on the intercom.
He hands her the microphone.
She reminds everyone what Lewisporte just did for them. Then she asks for something back.
Pledge sheets start moving up the aisle.
Business travelers write checks. Strangers pass around pens. By the time wheels touch down in Atlanta, passengers have pledged $15,000.
Brooks-Jones doesn't stop there.
Back in Columbus, she calls the Columbus Foundation. An anonymous donor hears the story and matches it instantly, doubling it to $30,000.
In 2002, the fund gets a name: the Lewisporte Area Flight 15 Scholarship Fund.
It's built for one purpose. Send local kids to college.
More than two decades later.
The fund is still active.
It has sent more than 300 students from the Lewisporte area to college and trade school. Doctors. Nurses. Engineers. Teachers.
Some of them weren't born yet when Flight 15 landed.
Brooks-Jones has flown back to Newfoundland more than two dozen times since 2001. She still shows up for graduation ceremonies.
The friendships that started on cots in a high school gym are still going, more than 20 years on.
Most people who know this story didn't hear it from a history book.
They heard it from a Broadway stage. Lewisporte and Gander's kindness became a musical called "Come From Away." It has since played in cities across the world.
Few people watching that show realize the scholarship fund behind it is still cutting checks to real students, every single year.
This is not a photograph, and it's not an oil painting. It might be the most unbelievable watercolor ever made...
It's called Sommarnöje, which means something like Summer Delight, and Anders Zorn painted it in 1886. Look at the water, the gentle ripples, the reflections, the wet sheen of it, and then look at the two people, the fine detail of the wooden rowboat, the woman's white dress, the light on her face.
It has the near-photographic realism of an oil painting, and it was done in watercolor, a medium so unforgiving that a single wrong stroke ruins the entire piece.
Zorn painted this in the first summer of his marriage: the woman in white waiting on the pier is his new wife, Emma, whom he had married only months before. They had just come back from their honeymoon and were staying with her family at Dalarö near Stockholm, still looking for the home where they would spend their life. The man rowing toward her is their friend Carl Gustav Dahlström. It is a real moment from the happiest season of a young couple's life, caught and held forever.
In 2010 this single sheet of watercolor sold for twenty-six million Swedish kronor, over three million dollars, the highest price ever paid for a Swedish painting.
In his own lifetime, Zorn was celebrated above all for two things: his handling of light, and his ability to paint water. Sommarnöje is where you see exactly why...
At midnight on February 6th, earlier this year, the doorbell to our apartment rang. The doorbell was followed by a pounding on the door. I answered the door and a security person in our building handed me his phone. It was my oldest daughter Eloise. She had found my 26-year-old daughter unconscious on the floor of her apartment and had called 911. The EMT team was already there, but they did not know what was wrong with Lucy or to which hospital they would take her.
I threw on some clothes and jumped in an Uber heading east toward Brooklyn. (Lucy lived alone in Williamsburg.) On the way, I learned that they were taking her to Elmhurst, a City trauma hospital in Queens. I arrived about five minutes after the ambulance to join Eloise, Lucy’s mom, and a friend, and waited to learn what was wrong.
After about 15 minutes, I asked a nurse where she was. I looked over his shoulder to his computer. Next to her name, it said “non-responsive.” I walked into the emergency room and wandered around looking for her until I found her unconscious on a gurney surrounded by several doctors and nurses.
By about 2:30am with the results from a CAT scan, Lucy’s doctors had determined that she had a massive brain hemorrhage and would need an emergency hemicraniectomy to release the pressure on her brain and remove the blood from the hemorrhage. I called our wonderful friend and family doctor Eddie Fisher and explained what was going on. He woke up Josh Bederson, Chairman of Neurosurgery at Mount Sinai, to find out more about Zach Hickman, the neurosurgeon on call that night. Dr. Bederson said Hickman was an excellent surgeon, which was comforting as we had no choice.
The surgery to save Lucy’s life began around 3:15am and finished around 5:30am. It was successful.
The following day, I joined Lucy in an ambulance while she was being transferred to Mount Sinai on Madison Avenue. Later that day, we determined from Lucy’s Oura ring that her hemorrhage had occurred around 9am, which meant that more than 19 hours had passed from the time of the hemorrhage to the completion of the surgery to release the pressure on her brain (I only wish @ouraring had an alert for this kind of a medical event. Imagine it could call a family member if the wearer doesn’t cancel the alert).
I later learned that the standard of care is not to do surgery to save a patient with a large brain bleed if more than five hours have passed since the hemorrhage. Even when the surgery is done, I was told that the likely outcome for the patient is a few months in a nursing home and death from pneumonia.
When I met Lucy’s doctors, I did my best to inspire them: “Let’s see what can be accomplished if we give her the best care possible and we invest unlimited resources to restore her to life.” And I promised that whatever we learned we would make available to everyone.
Dr. Chris Kellner, her neurosurgeon, and Dr. David Putrino, Director of Rehabilitation Innovation for the Mount Sinai Health System have led Lucy’s care team since that day. Words cannot describe the remarkable and compassionate care that she has received beginning with the EMT team and then from nurses, doctors, therapists, and the army of people who have worked to save her and return her to life. To this day, we have a daily Zoom where we discuss her progress and make adjustments to her care. While her care and oversight have been incredible, the learnings for the Mount Sinai team have also been elucidating and will assist in the care of many others.
Lucy began in a bad place. She was in a coma for several weeks and then awoke not being able to breathe on her own, unable to walk, see or speak.
Over the last six months, she has recovered her cognition – she understands everything including her circumstance – is able to walk a hundred or more steps at a time with assistance, is making progress with sounds, vowels and consonants and the beginnings of speech, but she remains unable to see.
Each day, she makes a little progress, and daily progress compounds. Every day I tell her that she just needs to make a little progress and it won’t be long before she is back.
We remain optimistic that Lucy will return to normal function. It will likely take years, but I believe it is only a matter of time, hard work, and technological progress, along with some, and perhaps a lot, of divine intervention.
Many people have been praying for Lucy and we are incredibly grateful for the prayers and remarkable support she has received. Lucy’s friends have been with her every day since the beginning, and their presence and friendship have saved her life and helped to rebuild and maintain her spirit. And on a very positive note, Lucy’s challenge has brought together our entire modern family who have all been incredibly devoted to her care and recovery.
Lucy's vision and other faculties may require some form of brain computer interface, work that is underway at Neuralink, Precision Neuroscience, Science, Synchron, Nudge, and other companies in the space.
If you are going to have a devastating brain injury, now is the best time in history for that to happen. We are living in a world when you can be confident that the blind will soon see again. We are going to do everything we can to help make that happen, including by assisting existing companies in the space.
With respect to our promise to make Lucy’s care available to others, we have made good progress. In May, a real estate colleague made me aware of a 93% vacant, brand new, 400,000 square foot Class A+ purpose-built biotech facility on West End Avenue between 65th and 66th Streets that missed the market and was available for sale. The Pershing Square Foundation acquired the building 60 days later.
We also put under contract an adjoining 130,000 square foot building at 320 West 66th Street that is currently being used by Saturday Night Live for studio space. The building has 35-foot ceilings with massive column-free spaces that can be converted into superb rehabilitation facilities. We will close on the SNL building in December.
We are also acquiring an adjoining vacant lot with additional air rights. With just the existing zoning rights, we can add a 150,000 square feet for a total of 680,000 square feet, a lab footprint larger than Rockefeller University, and that’s without including the potential for an upzoning that would allow for substantially more buildable area on the site’s 3.4 acres with spectacular views of the Hudson.
Our goal is to build the world’s greatest brain research, rehabilitation, recovery, human optimization, and longevity institute. We have named it The Ackman Oxman Institute or the AOI for lack of a better name, but also to reinforce the point that Neri and I and our family are all-in on the mission.
The AOI will be patient-centric. It will not be an academic research institute that produces lots of papers, a Nobel Prize winner or two, but little if any results for patients. We will be laser-focused on cures, treatments, devices, rehabilitation and exercise equipment, and targeted and basic research with a goal of massively accelerating the time from idea to innovation to production to helping a patient.
While the AOI will be a non-profit, it will have highly commercial instincts. The AOI will have its own venture funding and will work to develop innovations to create companies that we will seed, assist, and spinout to ensure technologies, treatments, techniques, and drugs get to patients as promptly as possible.
On one 3.4 acre campus in what is still the greatest city in the world, we will do neurosurgery, neuroscience, rehabilitation, nutrition, BCI and device development, human trials, hyperbaric oxygen treatments, and life extension programs, and we will mandate and incentivize collaboration among the teams with no silos, politics, bureaucracy, or any other constraint that is inconsistent with the mission.
Mount Sinai will be an important partner and deservedly so, but it won’t be our only hospital or medical school partner as we don’t believe any institution has a monopoly on the best ideas or the best talent. We don’t believe in exclusive relationships because that is not in the best interest of patients.
Five years ago, we considered launching a brain institute inspired by Neri’s mom who sadly died from Alzheimer’s. We couldn’t make the math work as the real estate was too expensive and we believed it would be too difficult to recruit the best talent from universities to our effort.
Since then, the real estate became available at a 70% discount, universities became a much less attractive place to work due to politics outweighing meritocracy, protests that disrupt learning, the curse of antisemitism, and a decline in funding. Fortunately, during the same time, I made sufficient personal economic progress to make the AOI possible.
The advance of AI in the last few years will also enable us to greatly accelerate our mission. AI still has a lot to learn about human intelligence and the brain, and the AOI should be at the forefront of the interplay between the brain and AI.
Today, I am making a public filing disclosing a gift from Neri and me of ~$400 million or 10,000,000 shares of Pershing Square Inc. (PS) to the AOI. It is very early days for Pershing Square so these shares are intended to anchor the long-term work of the AOI as the shares compound over time while generating what we expect will be a growing stream of quarterly dividends to fund the Institute.
We will also be announcing an additional gift of similar and potentially greater size which won’t be in the form of Pershing Square stock to provide the AOI with the short- and intermediate-term runway necessary to enable it to achieve its goal of becoming a self-sustaining institute, which reinvests all of its revenues, royalties, and the economic rewards of company formation to advance the fields of brain health and human longevity.
Neri and I have chosen to anchor the funding of the AOI to maintain vision alignment and limit the need for the organization to focus on fundraising. We expect the AOI to be the best-resourced brain, rehab, recovery, and longevity institute in the world.
We are grateful to have been able to form a board which includes Dean Kamen (our generation’s Thomas Edison), George Yancopoulus (CEO of Regeneron), James Rothman (Nobel Laureate), Bernardo Sabatini (neuroscientist), Chris Kellner (neurosurgeon), Olivia Flatto (CEO Pershing Square Foundation), Neri Oxman, and myself.
We have recently identified a CEO who we expect to announce by October along with other key hires, and are beginning searches for a Chief Scientific Officer, a Chief AI/Technology Officer, a Chief Operating Officer, a Chief Financial Officer, and other key leadership roles.
If you find what we are building compelling and want to be part of the leadership team that creates and builds the AOI from a standing start, please send an email to: [email protected] with a short note as to why you believe you can help. Please include your best three ideas for the AOI along with a summary of your background and your most important accomplishments.
We promise strict confidentiality to those expressing interest in working with us.
We have learned from Lucy that the brain can recover from even catastrophic injury. There is so much more work to be done as the mind is a terrible thing to waste.
For details from my Pershing Square SEC filing see:
https://t.co/gZKafCw6Ia
A 6-year-old soloing the entire band: Drums, Bass, Acoustic, Electric Guitar, and Vocals for Hotel California. 🥁🎸
In a world of 15-second TikTok attention spans, her focus and discipline are insane! 🔥
🚨@DavidSacks: There is no White House decision to ban open source models.
Trump is listening to a chorus of voices — and Sacks says it would be a tragic mistake to take action against the open source ecosystem.
His argument:
Anthropic is the fastest growing tech company at scale in history. $10B ARR at the start of the year. $70B now. This is not a company that needs government protection.
And yet they've spent enormous energy trying to panic Washington into banning American developers from using Chinese open source models.
If distillation by Chinese companies was really their primary concern — a genuine national security threat — they would push to ban Chinese access to American models.
Instead they're pushing to ban American access to Chinese models.
Because this helps Anthropic's competitive position.
Sacks: "That's the way you know the whole distillation thing is fake."
He went further. If distillation is happening at industrial scale, it's obvious to see. Anthropic has 90% gross margins. Why aren't they stopping it at the source?
Answer: because KYC'ing their customers would slow their growth.
So instead of fixing their own house, they're asking the government to kneecap their competitors.
"The question should be on Anthropic to explain why it's doing such a bad job — not on the whole American open source ecosystem to be punished for Anthropic's failure."
Trump's AI Czar on @theallinpod.
Scott Galloway just explained why China doesn’t need to build better AI than America. It only needs to make American AI worthless.
Galloway: “I think China is beginning to engage in what I’ll call AI dumping.”
Not competing. Dumping.
It’s the term economists use for flooding a foreign market with below-cost goods until the domestic industry collapses.
Galloway: “They’re going to have a series of open-weight models. About a third of corporations now are supposedly using Chinese lightweight open-weight models that are cheaper.”
Not better. Cheaper.
A third of corporations. Already.
China isn’t trying to out-innovate Silicon Valley. It’s trying to collapse the economics beneath it.
Price warfare at the infrastructure layer.
Galloway: “If I were Xi, I would just dump cheap AI into the US market.”
This playbook is old. China ran it with steel. Ran it with solar. Ran it with semiconductors.
Flood a market with a cheaper version until the domestic industry can’t sustain itself.
AI is next.
Galloway: “The moment large corporations start announcing they’re disengaging these multi-million dollar site licenses with Anthropic or OpenAI, they’re using these inexpensive Chinese models…”
One CFO after another decides the Chinese model at a fraction of the cost is good enough.
Not better. Good enough.
“Good enough” at a lower price has killed more market leaders than any superior product ever has.
Galloway: “…and the market realizes that there’s no way they can justify these incredible valuations, I think the US market crashes.”
Not because the technology failed.
Because the business model did.
American AI companies are valued on the assumption that corporations will pay premium prices for premium models.
China’s whole strategy is to make that assumption false.
Galloway: “40% of the S&P now is directly or tangentially related to this giant bet America’s making on AI.”
40% of the S&P. Tied to one sector.
Galloway: “The majority of GDP growth over the last two years has come from AI CapEx.”
The majority of GDP growth. From one source.
America didn’t diversify its future. It concentrated everything into a single bet, then left that bet undefended.
Galloway: “If that slows down, we are immediately in a recession.”
Immediately. Not gradually. Not over quarters.
The distance between AI boom and American recession is one procurement decision.
America built the most advanced AI on Earth and forgot to build an economy that survives someone selling it cheaper.
The threat to American AI was never that China would build something smarter.
It was that China would build something cheaper, and American corporations would choose the price.
China’s real weapon isn’t Chinese technology. It’s American capitalism.
The same rational self-interest that built the AI industry will dismantle it the moment a cheaper alternative appears. The market has no patriotism. Only price sensitivity.
The technology race was never the real race.
The real race was always whether America could turn its AI dominance into something that survives being undercut.
America hasn’t even started running it.
China already has.