Exploring the intersections of ideas and innovation. Professionally driven, endlessly curious. Thoughts are my own. #lifelonglearner
Funchal
Joined March 2009
- Tweets662
- Following359
- Followers50
- Likes783
Dercio retweeted
Q3 2026 Financial and Operational Results xitter.cf/i/broadcasts/1PKqrNbLZ…
Dercio retweeted
Jason Calacanis: Everyday Americans Need to Benefit From the AI Boom
@Jason on the Super Intelligence Summit at the White House:
“Awesome to see the power of all these American industries together.
I think the next piece of this puzzle is to start to include Americans in this, the bottom half of the K-shaped recovery.
Where's the teacher? Where’s the teenager going into college in all of this? Where's the American tool belt worker, the plumber?
It looks from the outside, I think, to a lot of Americans that this is still a bit scary, so there's more work to do there.
I was on a flight on Delta, and the flight attendants asked me what I did, and I was talking to them and they said, ‘I'm so scared of this AI stuff. I'm so glad I'm retiring because I don't want to lose my job.’
Americans are still petrified of this technology. They still think they're losing their jobs. They still think it's dangerous.
So I thought this was a great first step, but there's more work to do to pull Americans back off that ledge.
And we need to, and I think this is where the president or the next president could have a really major impact, is to start forcing American companies to not just think about how they make more money, how they get more green lights for their data centers, how they get less regulation and more free markets, but how does this lower the cost of education? How does this build more homes? How does this help healthcare? How do people get more healthcare at a lower price? None of that was addressed.”
Dercio retweeted
Co-founder and CEO Shan Reddy tells us why even smarter models fail to improve as tutors, and how his start trains AI to instruct as a human teacher would.
Full details in Substack. Link in comments.
Dercio retweeted
Jorge Jesus a chegar ao balneário da seleção nacional depois de conseguir despachar o Ronaldo:
Dercio retweeted
The All-In Summit wrapped this week in LA, and it delivered. Surprise speakers took the stage, incredible partner activations, and after parties that ran deep into the night.
Next year, All-In Summit is returning to LA and already shaping up to be even bigger and better. Be the first in the room to apply today: theallinsummit.com
#AllInSummit @Jason @DavidSacks @friedberg @chamath
Dercio retweeted
Elon Musk: Terafab is a Hedge Against Taiwan AND a Necessity to Scale Tesla/SpaceX
@friedberg:
“I'd love to hear the origin story of Terafab. What was the demand that made you say, we've got to do this, we've got to build this?”
@elonmusk:
“We're a little worried that maybe, at some point, chips from Taiwan would not be available for who knows what reason.
@Jason:
“Could be any number of reasons.”
Elon:
“For some reason, at some point, chips may not continue coming here from Taiwan, and that would really make things difficult if we didn't have any chips.
So that's an important reason to have Terafab.
Then long term, there's just a scaling challenge where if you want to really scale AI, within server centers as well as for edge compute, for humanoid robotics and cars, you'd kind of run out of capacity with the existing fabs.
As it is, all the fabs are running at max capacity, so there needs to be a certainty of future supply of chips even if things become challenging geopolitically.
Even if they weren't challenging geopolitically, it's quite difficult to scale chip production. And you really need the logic, the memory, packaging, the whole works, in order to continue scaling.
So it's either build Terafab or fail to scale.”
------------------------------
Thanks to our partners for making this possible!
IREN is a vertically integrated AI Cloud platform, delivering data centers, compute and software for AI training and inference. iren.com/
Oracle connects the data, applications, and infrastructure that turn AI into business outcomes—with the flexibility, choice, and control to optimize as AI evolves. oracle.com/ai
EY helps tech innovators scale from startup to exit to megacap. You build the future. We’ll handle the rest. ey.com
Dercio retweeted
It has arrived.
The next 18mo will be wild.
The AI Singularity
The argument goes like this:
1. Humans build an AGI.
2. The AGI becomes good at AI research.
3. It designs a smarter AI.
4. That smarter AI designs an even smarter AI.
5. The cycle repeats faster and faster.
Looking at the results and capabilities from the various labs over the past few weeks I would say we are firmly in this loop now.
The next 18months will be wild.
Recursive self improvement will dramatically increase capability very quickly from here.
Marginal costs of all models will go to ~$0.
Dercio retweeted
I turn 50 today. This is a message to my kids but I offer it to you in case any of it rings useful.
I was born in Sri Lanka in 1976 in a country that, at the time, was about to enter a decades long civil war. My father was able to get stationed at the Sri Lankan High Commission in Canada for four years in the early 80s - when some of the fighting was most severe - and which from our vantage point in Canada gave us some respite from an otherwise omnipresent conflict.
He came as a diplomat but then my father filed for refugee status after four years when his life was threatened by militants. We stayed in Canada as refugees. My dad never really landed on his feet and we grew up on welfare.
My mom stepped up. She did an incredible thing and put our family on her back and kept marching forward. Sometimes the steps were very small but she always tried to keep moving forward.
I worked at Burger King starting at 14, giving my paycheck to my mom and dad to support our family in the role that I was assigned - earn enough to pay for our bus passes because we couldn’t afford a car.
I was a loser growing up. Some friends, some good memories but mostly forgettable and lonely. I wasn’t very studious but did get my act together in my final year and got into a great university.
I immigrated to the US soon after graduating and found an opportunity. Things clicked and I have been traveling a path to find myself ever since. Only in America is this possible…
I worked hard, followed the rules, paid my taxes and stayed in California out of loyalty for the opportunities it has given me despite its dysfunction.
I found my wife here. Had my kids here. Found my tribe here.
There have been some very hard times as well - deaths, divorce, financial pain, mistakes of omission and mistakes of commission. You can’t dwell on these things - they are weights that will pull you down if you’re not careful. Learn from them. Respect them. BUT MOVE ON.
To think 50 years ago I could have ever gotten a chance to meet the people I’ve met and have had the experiences I’ve had would have been mind boggling to my parents. It’s mind boggling to me now.
We forget often and try to convince others it’s not true but America truly is the best country in the world. Everything and anything is possible here. I can testify. Be grateful to be here.
This is the only place that gives EVERYONE a chance to live a great adventure. The first 50 years have been that for me - an incredible adventure.
Notice there is nothing here about accomplishments or money. Because it doesn’t matter and it won’t matter.
You will be dust in less than 100 years from now and the decision to be remembered won’t be yours so stop sweating it. It’s not in your control.
So what is in your control?
Be kind. Have fun. Work on something meaningful to you. Find your tribe. Try to find perspective. Find an incredible partner. Have a bunch of kids. Live an adventure. Forgive your parents - they were doing the best they could even if that wasn’t what you deserved.
I will do what I can to make my next 50 years a wild ride.
You should too.
I love you and thank you. ❤️
🙏🏽🙏🏽
Dercio retweeted
In a world of agents + harness + application, bottoms up will turn out to be the worst strategic GTM decision of the past decade.
Over the next few years, AI will stamp out clone after clone of various bottoms up tools, meanwhile this same tool sprawl will be viewed as part of the AI sovereignty debate (ie leaking your alpha into the AIs of point solutions by some random employee on your team) and will cause bottoms up adoption to largely be stamped out in favor of top down.
The final nail in the coffin will be CFOs wrapping corporate cards with smart filters so any tool that has downstream IP/alpha leakage won’t be authorized anyways.
Dercio retweeted
No one has done it in decades. Most see it as a sign not to try. This founder saw it as an opportunity.
There hasn't been a successful new US car company since decades. Elon saw the opportunity anyway, and Tesla is now booming.
No one has started a successful fighter jet manufacturer since the 1950s either. The F-22 and F-35 took over two decades and $30 to $60 billion to build.
AJ Piplica took the same bet with Hermeus. 5x faster, for a fraction of the cost.
@AJ_Piplica @hermeuscorp
Dercio retweeted
The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen.
Over the last 5yrs, a group of ~10k people - employees at Anthropic, OpenAI, xAI, Nvidia, Meta TBD, founders - have hit retirement wealth of well above $20M (back of the envelope AI estimation).
Everyone outside that group feels like they can work their well-paying (but <$500k) job for their whole life and never get there.
Worse yet, layoffs are in full swing. Many software engineers feel like their life's skill is no longer useful. The day to day role of most jobs has changed overnight with AI.
As a result,
1. The corporate ladder looks like the wrong building to climb.
Everyone's trying to align with a new set of career "paths": should I be a founder? Is it too late to join Anthropic / OpenAI? should I get into AI? what company stock will 10x next? People are demanding higher salaries and switching jobs more and more.
2. There’s a deep malaise about work (and its future).
Why even work at all for “peanuts”? Will my job even exist in a few years? Many feel helpless. You hear the “permanent underclass” conversation a lot, esp from young people. It's hard to focus on doing good work when you think "man, if I joined Anthropic 2yrs ago, I could retire"
3. The mid to late middle managers feel paralyzed.
Many have families and don't feel like they have the energy or network to just "start a company". They don't particularly have any AI skills. They see the writing on the wall: middle management is being hollowed out in many companies.
4. The rich aren’t particularly happy either.
No one is shedding tears for them (and rightfully so). But those who have "made it" experience a profound lack of purpose too. Some have gone from <$150k to >$50M in a few years with no ramp. It flips your life plans upside down. For some, comparison is the thief of joy. For some, they escape to NYC to "live life". For others still, they start companies "just cuz", often to win status points. They never imagined that by age 30, they'd be set. I once asked a post-economic founder friend why they didn't just sell the co and they said "and do what? right now, everyone wants to talk to me. if i sell, I will only have money."
I understand that many reading this scoff at the champagne problems of the valley. Society is warped in this tech bubble. What is often well-off anywhere else in the world is bang average here.
Unlike many other places, tenure, intelligence and hard work can be loosely correlated with outcomes in the Bay. Living through a societally transformative gold rush in that environment can be paralyzing. "Am I in the right place? Should I move? Is there time still left? Am I gonna make it?" It psychologically torments many who have moved here in search of "success".
Ironically, a frequent side effect of this torment is to spin up the very products making everyone rich in hopes that you too can vibecode your path to economic enlightenment.
Dercio retweeted
Agents will need access to cash, cards, and crypto. This is one of the most important shifts happening in financial infrastructure today that we're pioneering.
Dercio retweeted
In 2026 you can buy any shitcoin you want. You can bet on Polymarket for how long Trump shakes someone's hand. All perfectly legal. But investing in a startup? Accreditation wall.
Apparently retail investors can’t be trusted to invest in startups…
USVC is changing that. Today we had @ankurnagpal on TWiST. USVC lets anyone allocate as little as $500 into a venture fund.
What are your thoughts on the project?
Dercio retweeted
Competition beats corporate building AI
OpenAI, Google, and Anthropic build AI internally. TAO runs open competitions, and the best model wins. Anyone can build in the subnets. Tao changes the lives of builders.
@sebyrubino
Dercio retweeted
If Sam Bankman-Fried's FTX didn't liquidate its investments following its collapse, it would still hold:
• Solana: $5.1 billion (27x)
• SpaceX: $15 billion (75x)
• Cursor: $3 billion (15,000x)
• Robinhood: $4.9 billion (8x)
• Anthropic: $82.3 billion (165x)
• Genesis Digital: $3.5 billion (3x)
Estimated Portfolio Value: $114,000,000,000
