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American Airlines' CEO was asked on live TV if he's comfortable doing business with Elon Musk's Starlink. His answer took one word:

The question, after reports about Starlink and the Ukraine war:

"It raises the question: Are you comfortable doing business with Starlink?"

CEO Robert Isom:

"America has always been the leader in satellite Wi-Fi. We've had more aircraft equipped with satellite Wi-Fi than anybody for longer."

"As we take a look forward, our customers, they want connectivity. They demand it, and this is something that we're going to make sure that our customers have the best product in the marketplace."

"And that means Starlink?"

"Starlink."

Two of the biggest US airlines have now picked Starlink for in-flight Wi-Fi.

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Raoul Pal says we have about four years before the economy stops working the way any of us are used to:

"Where we're going, we've only got about four years."

"It doesn't mean that you can't make money after four years. I'm just meaning it gets weird after four years, and you want to have security, that feeling of security."

"It doesn't mean you can't invest anymore, but you're gonna be competing with agents, and markets are not the same thing anymore."

On why so many people feel stuck right now:

"Money at first is for security. The stress of being a human and trying to exist, it's for that security."

He says the way out is owning technology and scarce assets, and explains why people "feel like their future's been stolen from them."

4 years. Then you're trading against AI agents.

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[Jasper Kasparov @JasperKasparov]

Hills I'll die on after 12 years in the gym:

1. Potatoes are king for fat loss. Cheap, low in calories, and the most filling food on the planet.

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Steve Jobs died of cancer in 2011. His son Reed Jobs now runs a venture firm with one goal: make cancer non-lethal in his lifetime.

It's called Yosemite, and it only invests in cancer:

• Oncology only, about 40% of all biotech
• Gives university labs no-strings money to test early ideas
• Builds about a third of its companies itself, with scientists from Yale, Berkeley and Stanford
• Fund 1 backed 20 companies. Fund 2 is oversubscribed past its $350M target

Asked what his father would tell him today:

"I think he'd say stay on the path, because something we have in common is we're really good long-term builders."

"This is a long-term play that is gonna take my whole life."

"The science investments that we're making in labs, in companies, take years to come to patients. I'm working to make it real faster, but that's the truth."

And the hardest part for him:

"I'm an impatient guy. But the discipline is knowing that that is what this really takes."

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Elon Musk explains why the AI race is about to hit a wall that has nothing to do with chips:

"If you look at electrical output, everywhere outside of China, it's more or less flat. Maybe a slight increase, but pretty much flat."

"China has a rapid increase in electrical output."

"But if you're putting data centers anywhere except China, where are you gonna get your electricity? Especially as you scale."

"The output of chips is growing pretty much exponentially, but the output of electricity is flat. So how are you gonna turn the chips on?"

Asked if the answer is magical power sources:

"Magical electricity fairies?"

Chip output doubles. Power output doesn't. Whoever can plug in the most chips wins.

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Mark Cuban says AI is about to create "the trillionaire in the basement," and he showed a food CEO why in about 3 minutes:

"AI is not smart. It's book smart maybe, but it's not street smart. It's not entrepreneur smart. You've gotta have somebody there who guides it and helps it."

"I literally sat with the head of a consumer food company, and he was talking to me about acquisitions."

"I'm like, 'Okay, well, let's do this. Let's take your number one product, your cookie, right? And I'm gonna ask ChatGPT to create a competitor that is more GLP-1 friendly and will be priced lower, and I want a full bill of materials.'"

"And in about three minutes we got back to it and he was like, 'Oh, shit.' He had no idea."

"Now, if you have no idea that's a question you can ask an LLM, you have no idea on how to enable your company to use AI."

"There's no better time to be an entrepreneur than right now. There will be the trillionaire in the basement."

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Microsoft AI CEO Mustafa Suleyman explains what Larry Page told him over lunch at SpaceX in 2015, and it's the most ambitious sentence I've heard from a tech founder:

"I remember in 2015 being in the canteen at SpaceX."

"We had our first meeting of the ethics and safety board. So when we sold DeepMind to Google, we made it a condition of our acquisition that we would have an ethics and safety board with independent representation on the board."

"Me, Demis, and Shane had to jointly agree who those three independents would be. And so we jointly picked Elon as one of them."

"We were sitting down for lunch, and I was sitting next to Larry. Obviously he was suspicious of me as well because he was like, 'You know, you're one of those speciesists.'"

"And he said, 'You know, I think that what you don't understand, Mustafa, is that by the end of the century, I'm going to be exploring the galaxies at the head of a von Neumann probe.'"

A von Neumann probe, in Suleyman's words, is "a kind of self-propelling kind of robot that is able to gather energy from space as it's careening through the light years."

The man who co-founded Google plans to leave Earth as a machine.

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Elon Musk's 5-step algorithm for solving any problem, in his own words:

"The most common mistake of smart engineers is to optimize a thing that should not exist."

1. "Make the requirements less dumb. The requirements are always dumb to some degree, no matter how smart the person who gave you those requirements."

2. "Try to delete the part or the process step entirely. If you're not forced to put back at least 10% of what you delete, you're not deleting enough."

3. "You don't optimize until after you've tried to delete."

4. "Any given thing can be done faster than you think."

5. "And then the fifth thing is to automate it."

"I've gone backwards so many times where I've automated something, sped it up, simplified it, and then deleted it."

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Elon Musk says Neuralink will let blind people see, then let everyone see in infrared:

"We'll be doing our first implants for vision, where even if somebody's completely blind, we can write directly to the visual cortex, and we've had that working in monkeys."

"One of our monkeys now has had a visual implant for 3 years."

"Long term, you'll have very high resolution and be able to see multi-spectral wavelengths, so you could see in infrared, ultraviolet, radar, like a superpower situation."

"But digital superintelligence will happen well before that."

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[Sawyer Merritt @SawyerMerritt]

Elon Musk in new interview on @spacexai's data center site in Memphis:

"I insist on doing some of the work myself manually. I've pulled power cables the size of an anaconda. I've done the fiber optic cabling; I try to do at least a little bit of everything so I'm not numb to the pain of the people who are actually doing it. It's not as though I'm sitting in an office and someone has to come to me. I'm walking the floor asking them questions actively."

(via 33rd Annual Baron Investment Conference today in NYC)

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Alexandr Wang spent his 19th birthday as an intern at a trading firm. Look who else was at the table:

Jeff Yan, who went on to start Hyperliquid (~$20B)
Scott Wu, who went on to start Cognition ($48B)
Jesse Zhang, who went on to start Decagon ($4.5B)

And Wang, who started Scale AI, got $14.3B from Meta for 49% of it, and now runs Meta's superintelligence lab.

When the firm's founder said they were starting private investments, the advice was:

"Just invest into the interns. All the interns get seed checks."

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NASA's chief just backed Elon Musk's plan to put AI data centers in space:

"You never want to bet against Elon Musk, I'll tell you that right now."

"If that means taking the data centers that some people don't want in their backyard, putting it in space, taking advantage of the free fusion reactor, I think that's a great thing."

— NASA Administrator Jared Isaacman

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Elon Musk says aging can be solved, but he isn't sure we should:

"I haven't put much time into the aging stuff. I do think it is a very solvable problem."

"But there is some benefit to death, by the way. Because if people do live a very long time, there's some risk of an ossification of society."

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Sam Altman just confirmed OpenAI has a model it paused, and it isn't GPT-6:

"Astra has been done training for a while. The model that we recently talked about pausing, uh, is a future model."

"But with Astra, we did hit cyber-critical."

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Elon Musk says finding no aliens would be far more terrifying than finding them:

"I have yet to see any actual evidence of aliens, and I'm really deep in space. If there's some actual evidence of aliens or an actual UFO, I'll be there in a second."

"If they managed to get all the way here from another star system, their technology is going to be far in advance. We'll be primitive compared to them"

"But if there actually aren't aliens in our galaxy or anywhere near us, then this consciousness on planet Earth is like a tiny candle in a vast darkness. A fragile candle. And we should just do everything we can to make sure it does not go out"

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Elon Musk says you can't buy a power turbine until 2030, so SpaceX and Tesla will make the parts themselves:

"Turbines are sold out through 2030. In order to bring enough power online, SpaceX and Tesla will probably have to make the turbine blades and vanes internally."

"There are only three casting companies in the world that make these, and they're massively backlogged."

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Elon Musk told Don Lemon his questions made no sense, and Lemon had to ask him to repeat the word:

Musk: "You are upsetting me because the way you're phrasing the questions I think is not cogent."

Lemon: "It's not what?"

Musk: "Not cogent."

Lemon: "You're an intense person. Where does that intensity come from?"

Musk: "I was born that way. And I had a tough childhood."

Then he ended it: "No, I have a whole room full of people waiting to meet with me."

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Elon Musk says Anthropic puts more care into AI safety than OpenAI, and that even Anthropic is scared of its own models:

"The two leading AI companies are Anthropic and OpenAI. Their models are quite close in capability, so it's difficult for either one to slow down without handing the lead to the other."

"On balance, I think Anthropic puts more care into their safety than OpenAI. But even Anthropic acknowledges they are worried about their models."

"Many people from Anthropic have publicly voiced concern that their models are scaring them, that they're getting scary smart."

His fix: "Everyone applying everyone else's test harness is probably the best thing we can do to ensure our safety."

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Elon Musk says there's one number any alien species would use to judge how advanced we are, and we're barely on the scale:

"That's one of the most objective ways any alien species visiting us would measure how much progress we've made as a civilization."

"Type I is how well a civilization harnesses the power available on its planet. Type II is how much of its star's power it harnesses, and Type III is how much of the galaxy's power it harnesses."

"Right now, we're very low on the Kardashev Type I scale. We're harnessing almost none of our star's power. We don't even know how to do Type III, really. AI will figure it out."

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Elon Musk sent every Tesla employee a memo that took power away from their managers:

"Excessive meetings are the blight of big companies and almost always get worse over time."

"Walk out of a meeting or drop off a call as soon as it is obvious you aren't adding value. It is not rude to leave, it is rude to make someone stay and waste their time."

"Communication should travel via the shortest path necessary to get the job done, not through the chain of command."

"Any manager who attempts to enforce chain of command communication will soon find themselves working elsewhere."

"If following a company rule is obviously ridiculous in a particular situation, the rule should change."

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