Scott Perry

[Gary Marcus @GaryMarcus]

⚠️Why didn’t the hyperscalers wait until after the IPO in switching to pay-by-usage-charging? My guess is that *they literally could not afford to* —because it would bankrupt them.

My reasoning: in “all you can eat” agent era they were hemorrhaging money.

So the hyperscalers probably had to choose between hemorrhaging insane amounts of money (with tokenmaxxing) and reducing usage and potentially burning customer enthusiasm (via increasing rates).

They would eat another 6 months of all you can eat if they possibly could– to establish market appetite—so I conclude that they just can’t.

Conclusion: They just don’t have enough cash. Despite the possibility of giant IPOs, their financial situation is shaky.

[BuccoCapital Bloke @buccocapital]

It’s really incredible the absolute AI GARBAGE that people are comfortable sending to their coworkers and bosses

There’s a good chance productivity will actually *decrease* as AI adoption increases because everyone is busy wading through AI slop

[DxTCinema @DxTCinema]

Widows Bay is must watch television.
Apple TV is killing it man. episode 8 was an absolute BANGER

[Max Crypto @MaxCrypto]

Successfully wasted 5 years in Crypto.

[Barry @BarryOnHere]

The last time the Knicks had a lead in the NBA Finals was June 17th, 1994.

Yes, the same day as this:

[Cindy Begel @CindyBegel]

#newbies NBC has opened submissions on its TV writing program. No application fee. You need 2 original pilots of the same basic type, a resume, & 2 personal essays of 400 words apiece. They accept submissions until June 21. Check out NBCU's many programs!
https://t.co/bf7O96ybjr

[INTERIOR PORN @INTERIORPORN1]

I literally can’t even afford to like this video.. I’m in awe 😭

[Eric Alper 🎧 @ThatEricAlper]

The Cadillacs of gums

[Black Beth Dutton @Oh_Katie_Babie]

Peter Thiel running, Kushners running…. Is something coming?

[Jim Stewartson, Decelerationist 🇨🇦🇺🇦🇺🇸 @jimstewartson]

TL;DR: He’s going to keep bullshitting his way to IPO.

This entire industry is based on an illusion. It deliberately mistakes a simulation of intelligence for intelligence itself.

Chatbots are a useful search feature, not a revolution.

It’s now a race for exit liquidity.

[Mindset for Money @Mindset4Money_X]

Warren Buffett watching Berkshire buy $GOOGL at the same price and time as Cathie Wood:

[Oxford Analytics @OxfordAnalytics]

The AI Bubble is being driven by the fantasy that AI can replace human labour cost effectively. It can’t. The cost of compute is too high. Semiconductors are too expensive. GPU’s, CPU’s, even a commodity like NAND flash memory. Power is too expensive. Water is too scarce. Key metals are too expensive. It’s cheaper for humans to do the work than burning tokens using Claude Code or OpenAI Codex. The layoffs were premature. Humans are cheaper than compute.

[Deadline @DEADLINE]

'Backrooms' Director Kane Parsons Calls AI "Genuinely Harmful" To Creativity: "Cultural And Economic Rot" https://t.co/w5DQi6EgnH

[Scott Perry @scottperry]

Like, duh. Everyone trying to cash out / IPO before the post-tokenmaxing reality sets in

[Polymarket @Polymarket]

JUST IN: Sam Altman says AI budgeting has suddenly become a “huge issue” for companies.

[unusual_whales @unusual_whales]

New York officially has become the first US state to mandate disclosures for AI-generated people in commercial advertisements, effective June 9, per ABC

[Scott Perry @scottperry]

@Bigdaddyvinz_ That’s the best of ALL worlds — to be financially secure yet 1000% anonymous? Pure perfection.

[Roger @rdd147]

🚨 Sam Altman warns OpenAi and Anthropic are experiencing severe pullback on Ai spending as companies put significant restraints on spending to restrict costs. The company warns investors it’s the first time this has happened in Ai and something we never expected. The buildout costs aren’t sustainable to allow profitability to hyperscalers or end users.

$soxx $dram

[🏴‍☠️ @calvinfroedge]

Bravo $MU CEO
Cashing out at the top
Set for life

[Natalie Jean Beisner @NJBeisner]

Last night, Karen promised to clean up the tents on the sidewalks.

I’m wondering if someone would be so kind as to inform her she’s currently the mayor? What exactly is she waiting for?

[Blake ™ @NeilNevins]

surgeries in 2035 to remove microplastics from your body and they let you go home with the statue they made out of them