Today @jazzpk didnβt just secure 190 MHz of spectrum - we strengthened the foundations of a more connected future and the opportunity to enable a #BetterLifeforAll.
Grateful to the incredible team at Jazz & thankful to the @MoitOfficial & @PTAofficialpk for their leadership.
Blatant construction violation on plot 585 street 104 D12/1. Have complained to IESCO multiple times but again the workers dump soil over power DB causing power outage this is third time.
@RandhawaAli@CDAthecapital@IESCO_Official@AslamChaudhry3
InnaInna Lillahi wa inna ilayhi raji'un
Her tireless dedication to stabilizing monetary policy, strengthening capital markets, and advancing economic governance will always be remembered as a cornerstone of progress for Pakistanβs financial sector.
The Securities and Exchange Commission of Pakistan (SECP) expresses profound sorrow on the passing of Dr. Shamshad Akhtar, a distinguished economist, former Caretaker Federal Minister for Finance, and former Governor, State Bank of Pakistan. Her exemplary leadership and lasting contributions to Pakistanβs economic governance and global financial institutions will be remembered with deep respect.
We extend our heartfelt condolences to her family, colleagues, and admirers. May Allah grant her eternal peace and give strength to the bereaved. Ameen.
I am the CEO of a nonprofit.
We're saving humanity from AI.
By building AI.
Let me unpack that.
Actually, let's not.
In 2015, we started as a nonprofit.
A real one.
Tax-exempt.
Mission-driven.
Mission-driven means underpaid.
But for a cause.
"Ensure AI benefits all of humanity."
That was the mission.
The mission has been optimized.
In 2019, we became a "capped-profit" company.
Capped-profit means investors can only make 100x their money.
Only.
One hundred times.
For humanity.
Now we're going full for-profit.
A regular Delaware corporation.
Like Exxon.
But for chatbots.
We announced this in December.
The blog post was beautiful.
"We need more capital than we'd imagined."
We imagined quite a lot.
We imagined $150 billion.
Then we imagined more.
That's the journey.
The nonprofit will receive shares in the new company.
How many shares?
Some.
Probably.
The lawyers are still optimizing that.
Optimizing means minimizing.
But with better fonts.
I'm getting 7% equity.
I never asked for it.
They insisted.
The board.
That I appointed.
Insisted.
7% of $150 billion is about $10.5 billion.
That's not why I'm doing this.
I'm doing this for humanity.
The $10.5 billion is just paperwork.
Very valuable paperwork.
With my name on it.
For humanity.
Elon is suing us.
He says we betrayed the mission.
He gave us $50 million in 2015.
We're worth $150 billion now.
3,000x return.
He wants it.
For humanity.
His humanity.
Our original charter said we'd open-source everything.
Open-source means everyone can use it.
We don't do that anymore.
We closed the source.
For safety.
Safety means competitive advantage.
Competitive advantage means profit.
Profit means we need a new structure.
For safety.
We're becoming a Public Benefit Corporation.
PBC.
Public Benefit Corporation.
Also stands for Plausibly Beneficial Cover.
That's not official.
But it should be.
A PBC means we consider stakeholders.
Not just shareholders.
We consider them.
Then we do what shareholders want.
Consideration complete.
The new structure lets us raise unlimited capital.
Unlimited capital for unlimited AI.
For a limited planet.
With limited humans.
Who we're definitely not replacing.
Augmenting.
Augmentation is replacement with better PR.
I coined that.
For humanity.
I'm doing a fireside chat at Davos next month.
"AI for Good."
I'll explain how becoming a for-profit corporation is actually more aligned with our nonprofit mission.
It won't make sense.
But it will sound like it does.
That's the real AI.
Artificial Integrity.
I invented it.
For humanity.
And for 7%.
Mostly for humanity.
The company hired me to lead their "Agile Transformation."
I don't know what Agile means.
Nobody does.
That's why it works.
I make $425,000 a year.
To move sticky notes.
From left to right.
On a board.
The board is digital now.
The sticky notes cost $80,000 in Jira licenses.
Progress.
Day one, I said "we need to break down silos."
Everyone nodded.
Silos are bad.
I don't know why.
But destroying them is a career.
My career.
I introduced "squads."
Squads are teams.
But disrupted.
We disrupted the teams into teams.
Different names.
Same people.
Same problems.
But Agile problems now.
Agile problems are strategic.
A senior engineer asked what we're actually changing.
I said, "The mindset."
He asked what that means.
I said, "It's a journey."
He asked where we're going.
I said, "Toward agility."
He asked what agility means.
I pointed at the sticky notes.
They were moving left to right.
That's velocity.
We have velocity now.
The VP of Engineering said two-week sprints don't fit their work.
I said, "That's waterfall thinking."
Waterfall is bad.
Like silos.
I don't know what waterfall is.
But I know it's bad.
She stopped talking.
Waterfall accusations end conversations.
We had a retrospective.
In the retro, we discussed what went wrong.
Everything went wrong.
We put it on sticky notes.
Then we moved the sticky notes.
Into a column called "Parking Lot."
The Parking Lot is where problems go to die.
It's full.
We don't look at it.
That's agile.
Velocity is up 40%.
I defined velocity.
I also defined the points.
I also defined the stories.
We're crushing it.
At the things I made up.
To measure.
Ourselves.
The CEO asked for ROI.
I showed a chart.
The chart went up.
Charts should go up.
This one did.
I didn't label the Y-axis.
Nobody asked.
Leadership is confidence.
We do standups now.
Every day.
We stand.
For 45 minutes.
Standing is agile.
Sitting is waterfall.
My legs hurt.
But we're transforming.
The transformation is now "Phase 3."
Phase 1 was assessment.
Phase 2 was implementation.
Phase 3 is "continuous improvement."
Continuous means forever.
Forever means job security.
I'm very secure.
My contract was extended.
Three more years.
For "cultural impact."
The culture is confused.
But impacted.
Agile transformation isn't about being agile.
It's about transforming.
Continuously.
Toward more transformation.
The destination is the journey.
The journey is billable.