I just dumped my entire $HYPE and $NEAR position, I will explain why in my essay "Reality Test" dropping next Tuesday.
TLDR:
- Higher energy prices due to Iran war and inventory restocking
- 3 Mega AI IPOs between now and early Q3
- Prediction that Trump goes anti-AI to win mid-terms for Republicans
- I think highs in mrkts will happen btw now and September
- Time to take profit, and two-step in beefa without worrying about my positions
5/5 Bottom line: let's stop confusing a highly efficient pattern-matching tool with AGI.
AI is an incredibly useful, glorified calculator for syntax.
It's a great assistant, but AGI is not around the corner.
We need to calm down and look at the actual science.
Time for a reality check.
Every time a developer sees an AI write a solid React component and screams "AGI is imminent!" we fall victim to Developer Bias.
It’s creating a massive echo chamber of misplaced hype. Let's ground this. 👇
4/5 Take the AI out of its comfy, predictable IDE and the illusion shatters. Ask it to execute long-term strategic planning, navigate real-world ambiguity or understand why things happen (causality) and it either hallucinates confidently or just breaks down.
5/5 It’s not an evolution; it’s a hard reset. By intentionally creating a jarring paradigm shift, Ferrari protected its combustion legacy while capturing an entirely new high-net-worth market.
The 'shitstorm' is just step one of a brilliant business plan.
The internet's outrage over the Ferrari Luce isn't a failure, it's exactly what Maranello wanted.
As CEO Benedetto Vigna noted: "you can't just stick a flat LED screen onto an old CRT television. Real technological leaps always shock people at first."
🧵👇
4/5 Instead, they built an alien spaceship. And the psychological play is pure genius: once tech billionaires in Monaco and Charles Leclerc start daily-driving this radical device, the old-school collectors will crack. Pure FOMO will drive them to buy "the cool new weird object."
We are in 2026 and the public is judging an object of contemporary industrial design using the stylistic parameters of the supercars of the 2000s.
It's like criticising the architecture of a modern and minimalist villa because it doesn't have the classic columns.
Wake up.
@LinusEkenstam If you have another Mac install apple configurator over there, connect it via usbc and try a revive from dfu mode. https://t.co/URJzfDngRZ
When you'll realize that this war has given Iran a political power that they didn't have previously, you'll understand how much of a failure has been.
A TOTAL failure.