@P_Arthur2@CoachD178 It’s about understanding monetary dynamics and the second order impact of decisions. ACC decided to go after its own partial member instead of SEC. Short term it appears to have been a winning strategy. Long term, may create a liquidity problem when ND departs.
In the first half of this year, 1,235 CEOs left their company — a 12% jump from 2024.
S&P 500 companies are on pace for their fastest CEO turnover rate since 2005.
And tech got hit hardest with 138 departures through June, up 16% year-over-year.
Look at what CEOs are actually citing as reasons:
40% of 2025 exits cited "personal reasons," up from 25% pre-pandemic.
Translation: burnout.
71% of CEOs report occasional burnout. 32% say it's frequent.
My interpretation: AI is moving faster than leadership teams can adapt, and boards want transformation yesterday.
CEOs are stuck managing three companies: the one they have, the one investors demand, and the AI version they're supposed to be building that they and their teams are not ready for.
Most CEOs can't do all three.
Tbh, I don't know that I can either. But I don't have a board.
Hopefully, we will be a cockroach company that makes it through whatever AI insanity seems to be coming next, and I'll do my best to ratchet down these Scale Army hatches accordingly.
Keep disagreements at the layer of ideas. Don’t straw-man, argue by assumption or in bad faith. Work hard to improve yourself and your opinions. Admit errors. Help others. Bring passion. These are some things I have learned. They are not things I learned on Twitter.
Not sure who needs to hear this but...
It’s ok to be progressive and criticize the left.
It’s ok to be conservative and criticize the right.
Root yourself in epistemic bedrock that doesn’t rise/fall with your party.
Turns out that Self-Other Overlap (SOO) fine-tuning drastically reduces deceptive behavior in language models—without sacrificing performance.
SOO aligns an AI’s internal representations of itself and others.
We think this could be crucial for AI alignment...🧵
What a moment for Notre Dame. Thirty years of "they're a fraud, they're overrated, they never win the big one, etc."
Doesn't get more definitive than hammering the SEC champion/recent two-time national champ in a Playoff game.
Naval for kids. 2 years ago my nephew and I had conversation on important ideas from @naval
Turned his ideas suitable for a 11 year old conversation. Back then he forbade me sharing the project on any social media. He changed his mind last week, sharing this now.
The median American household would need to spend 44.5% of their income to afford payments on a median-priced home in the US, the highest % on record with data going back to 2006.
@noahkagan If take was 3% because distributed ~10% to 100+ employees, we should be celebrating founder as a conscientious capitalist.
If take was 3% because founders had to continually dilute through four rounds of funding, it’s a warning to founders. Raising money is hard/complex.
@vgr This is true in the non-free-agency world as well. We can raise rates to account for the increase cost of talent/inflation, but to what effect when your customers are hurting too? It may drive urgency towards lower cost alternatives.