Because of prediction markets, for the first time ever, small businesses have access to risk management tools that Wall Street has used for years. New from me in Fortune: https://t.co/9kmSsL23Sq
Meta is going full bore with pushing other companies to add the same restrictions it will add to its apps as a part of settlement:
Meta plans to run this copy as a full page print advertisement in the Washington Post, Los Angeles Times and the New York Times tomorrow morning
Strong agreement for parents everywhere, but this is limited until other platforms are held to the same standard. Let's get TikTok and YouTube on the same page!
Today marks an historic agreement between Meta and 52 Attorneys General that provides sweeping new protections empowering parents and setting the standard for the industry. https://t.co/jFvBPj506M
In 2001 George W Bush proposed a partial privatization plan for Social Security so you could put 10% of your SS contribution into the markets.
People rejected this.
We can now see that if it had passed, the 10% that went into the markets would have outperformed the 90% the government managed, the program would be solvent, and the average SS recipient would be receiving 2X what they currently receive.
The worst bet you’ll ever make is betting on government.
.@FoxBusiness: @Meta announced a $1 billion Future is for Everyone Fund to invest directly in communities, backing teachers, law enforcement, local infrastructure. Zuckerberg says he was inspired by teachers in Richland Parish, Louisiana who received bonuses thanks to the company’s data center investment in that state.
.@WISHNews8: Today, America’s Workforce Academy “celebrated a milestone with its first graduating class in the country.
‘We’re pioneers in a way, and we’re just kinda shepherding the new work force in a way,’ graduate Ethan Blake said. ‘And I’m grateful to be here and grateful to be a part of the team.’”
Congratulations to the first graduates of
@AmerWorkAcademy!
Mark Zuckerberg gets it right:
“The defining question of our age isn’t whether superintelligence will exist, but who will have access to it. Will it be centralized and restricted to a few institutions, or will it be a tool that empowers everyone?”
Concentration of power is the biggest risk of AI. When a small number of labs (working hand-in-glove with the administrative state) decide who has access to which model capabilities, they inevitably shape what can be said, known, and built. That’s not “safety.” It’s control.
As Mark points out, the history of open source shows that broad access and transparency are usually the best path to actual security and resilience. Decentralization creates checks and balances on power. By contrast, centralized alternatives, like bureaucratic approval regimes and mandatory gatekeeping, typically produce regulatory capture and reinforce cartels.
Personal superintelligence in everyone’s hands, with competing models and real data sovereignty, is a far better check on a dystopian future than self-appointed guardians who claim to be “aligned” with all of humanity.
What an honor to partner with the leaders in Richland Parish, Louisiana, who are investing in their community, in their teachers, and in their small businesses. It is a privilege to be part of what they’re building!
Golden line from John Strong as England fails to score against Ghana today in Boston. “But as we know the English historically struggle here in Massachusetts.”