stann

psyop defense task force

[stann @longrmb]

Talent creates content. Genius invents formats.

[stann @longrmb]

@iamgingertrash too consensus, october 25 déjà vu

[stann @longrmb]

@zephyr_z9 they finished distilling claude

[stann @longrmb]

@iamgingertrash rate cuts and qe, no chance us economy will be allowed to fail ever again, no crash, buy bottlenecks

[stann @longrmb]

@Midnight_Captl @CousinGraig they have no idea themselves otherwise they would have locked in memory 3 years ago

[stann @longrmb]

@suchenzang saw this years ago but proven wrong so far because vast majority of the population simply have no ability to discern

[stann @longrmb]

@Everything_Is9 @WillManidis @jnconkle agi in 2030?

[stann @longrmb]

@institLPGP @romanchernin @natolambert

[stann @longrmb]

@LowAlphaHighVol mag 7 is the new UST https://t.co/y4h20yvgOE

[stann @longrmb]

we are currently in a massive debt cycle so analyzing this situation with a fundemental lens is correct but useless.

everything you said about the unit economics about the labs are correct and all the smart money knows it. imo what you’re missing is a macro framework. the hyperscalers are currently able to issue long bonds with a lower yield than the UST. They can issue hundreds of
billions or trillions in the near future if the bond market continue to give them money. The margin bubble with the labs can continue indefinitely until this the yields blow out.

The USG have been playing this game for a long time with deficits blowing out and stock market hitting all the time highs. Now that the hyperscalers have replaced the role of UST and carrying out the same “ponzi”. The hyperscalers are the new sovereign debt issuers. The cloud margins are effectively an income tax paid to the hyperscalers. Trump buying INTC with UST is the same as hyperscalers buying into the labs to pump the valuation.

Now the question is, is the bond market correct? What if the bond market is pricing in massive deflation due to AGI, then all the behaviors we see with the hyperscalers are completely rational.

And what breaks this cycle of infinite debt issuance? Inflation breaking out again due to oil shocks or war. The FOMO propaganda strategy employed by the labs stop working and token maxing stops. So far we don’t see anything of these two happening so the music goes on.

[⚭ @lekimgym]

Enjoy being while becoming

[stann @longrmb]

@OnodaCapital incremental margin seems bad due to token costs

[stann @longrmb]

@Arya__Deniz the hype is happening in the private market, OpenAI, anthropic, spacex in the trillions etc.. it won’t show on the index

[stann @longrmb]

@hypersoren Enter AI rollups

[stann @longrmb]

@banteg @ApesFinance no human writes software with trillions of token memorized

[stann @longrmb]

@dalibali2 throw in the revenge against boomers too

[stann @longrmb]

@dalibali2 all the hyperscalers sfo read dalio

[stann @longrmb]

@ContrarianCurse and even fewer who can actually tell the outcome is legit or bs

[stann @longrmb]

@bgurley @PeterDiamandis @sundarpichai big debt cycle to fund a national security issue, profit isn’t relevant. See INTC

[stann @longrmb]

@trengriffin all I see is numbers going up, same as it ever was

[stann @longrmb]

@kunchenguid @wait_theres_mor @deedydas models have massive amount of knowledge inside, the point is they don’t need to look things up which they already have, the same cannot be said for a human