Outofsync42 retweeted
Been obsessed with the stock market since I was a teenager. Have traded through the dotcom bubble, the financial crisis and just about every market mania since. But I’ve never seen anything like the skepticism surrounding AI. Not even close. Every time one bubble narrative falls apart a new one takes its place. Rumors become headlines. Misleading data goes viral. Claims that could be debunked with 5 minutes of research get repeated by major media outlets, influential investors and Wall Street analysts. It’s relentless and honestly pretty fascinating to watch. Of course there will be spectacular failures and massive wealth destruction along the way. That’s what happens during technological revolutions. But I’ve never witnessed this much effort to convince the world that something so transformative is actually one giant speculative bubble destined to take the entire economy down with it. I understand why AI scares people. What I find harder to understand is why so many investors seem to be rooting for it to fail.
Europe is burning, that money has to go somewhere.
This aged well.
3 hours into the supposed "Black Monday" stock market crash and Nasdaq 100 futures are now up nearly +1%.
The S&P 500 is set to add +$350 billion in market cap at the open again.
As we stated 24 hours ago: Ignore the noise.
Short AMZN ... this is colossal mistake.
BREAKING: Amazon is blocking Grok from placing orders on its site.
Elon Musk's response: "Grok will find another way to buy stuff. I just ordered LEGO and Grok bought it from the LEGO website."
He then floated founding a company to compete with Amazon. $AMZN
The movie could never capture the crash out as perfectly as it was in real life at the time but I'm still excited at the possibility we may someday get one.
- one of the biggest crypto YouTubers
- buys his first Bitcoin in 2012
- says God spoke to him in a dream
- $40K/month from YouTube ads alone
- sues Atozy for exposing paid shills
- crypto Twitter raises $200K for Atozy’s defense
- backs down and drops the lawsuit
- gets fired from his own brand
- cites substance abuse, erratic behavior, financial issues
- livestreams himself trying to reclaim a disputed Lambo
- gets arrested on camera
- emails and harasses a judge
- 1 arrested in Florida
- 106 days in jail
- arrested again in Georgia
- charged with harassing phone calls
- doxxes Kevin O’Leary number
- gets a $2.8M defamation judgment
- doesn’t even show up in court
- nobody knows where he’s now
Ben Armstrong “Bit Boy”
"With the new plans, third-party models are still available in Cursor on Premium and above. Usage is billed separately at API list prices, through top-ups."
Thats going to be a pass for me. I almost clicked unify in cursor. The idea im going to be charged separately above and beyond my already 200/month plan when i want to switch to opus for certain tasks is a non starter.
Grok, Cursor and X used to be three separate subscriptions. Now it's one.
The $30 plan gets you what SuperGrok, Cursor Pro and X Premium+ used to cost together: $90 a month.
Mostly coding? Spend your whole allowance in Cursor. Mostly chatting or making videos? Spend it in Grok. It's one pool.
Already paying for any of them? Nothing changes for now. Keep your plan, or switch and get the unused time refunded.
$ETH telling the story right now that the local top is in. 50DMA retest failure looks like its about to complete. Unless it manages to reclaim the 50DMA today (i dont believe it will) you are going to see sideways down action for quite a while. ALTs will suffer a lot during this time.
The first time a female drunk driver kills someone or even just gets a DUI, and her defense is that her male friend was also drunk and asked her to drive to which she was not able to consent is when this madness ends.
You think I'm joking but it will happen.
since jane doe reported giving ongoing consent the entire night including saying “no” to some things she didnt want (anal/4somes & the guys respected that) in order to make this a legitimate rape case the gov of NY is trying to move the goalposts & change the law to say people cannot legally consent to sex if they've had 1 drink
I'm still seeing posts of people that believe a 2021 style run for ALT's is in the cards. Unreal. People still haven't figured out the only thing that gives ALT's value is potential for retail exit liquidity and that was spent. Minor bounces and waves are all you should expect.
Outofsync42 retweeted
McDonald's is spending 8.5 billion dollars to find out why families stopped coming.
I can save them the 8.5 billion.
They took out the playground.
The plan, announced Wednesday at investor day. Better food, faster service, new equipment, AI tools, hospitality training, and a bigger push into chicken and beverages. They call it Next. The goal, they say, is making customers feel more comfortable.
Wall Street loved it so much the stock fell 5 percent to its lowest since 2022.
Over five years McDonald's shares are down 3 percent. Burger King's parent is up 14. The owner of Taco Bell and KFC is up 13.
This is not a hamburger problem. This is a McDonald's problem.
So let us talk about who used to eat there.
Parents. That was the whole business. Parents at 5:40 on a Tuesday with three kids in the back and nothing thawed at home.
You did not go for the burger. You went because your kids could run screaming through a plastic tube for 40 minutes while you sat with a coffee and experienced silence.
That was the product. The food was the cover charge.
The first PlayPlace opened in 1971 in Birmingham, Alabama, and for fifty years it did one job. It made small children demand to go to McDonald's.
Then 2020 arrived, every play area in the country closed, and a great many never came back. The equipment came out during a remodeling program named Experience of the Future.
The Experience of the Future turned out to be a touchscreen.
Their own chief executive said he did not know if ball pits were in their future.
Sir, you were not selling ball pits. You were selling forty minutes.
So now there is no counter, no playground, and no reason for a seven year old to want to go. A screen, a window, and a bag.
And for that we pay prices that require a moment of reflection in the parking lot.
For thin, overcooked, oddly uniform pucks that taste like a memory of beef.
I did not love them because they were good. I loved them because I was eight and there was a slide.
And have you seen the new buildings.
The old ones were unmistakable. Red roof, yellow arches, legible from a highway at 70 to a child who could not yet read.
The new ones are a flat gray box with a small logo and a drive through wrapped around it. A regional claims office with a fryer.
They removed the color, the characters, the counter, and the playground, and then hired consultants to find out why it no longer feels like anywhere.
Which is why, when I have to eat fast food, I go to Chick-fil-A.
Not for the politics. For the competence.
They have led the customer satisfaction index for fast food eleven years running, and average 8.5 million dollars per location against McDonald's 4 million.
More than double, while closed on Sundays. Fifty two days a year with the lights off, and still double.
A seventeen year old hands you a bag and says my pleasure and means it about 70 percent, which is 70 percent more than a touchscreen has managed.
McDonald's is spending 8.5 billion on hospitality training.
Chick-fil-A earns 8.5 million per restaurant by just having some.
So here is my consulting proposal, free of charge, on behalf of mothers everywhere.
Put the playgrounds back.
Not a nostalgia campaign. Not a retro cup. The structure. Tubes, slides, a door the kids cannot open from the inside, and a bench where a tired woman can sit.
And understand what you are buying, because it is not lunch.
A six year old does not know your food is bad. He has no basis for comparison and no functioning palate. He thinks the burger is incredible because he is standing in a castle made of tubes.
That is the window. That is the only window you get.
You catch them before the taste buds arrive, and thirty years later they drive past your sign, feel something they cannot explain, and pull in anyway.
That is not a menu strategy. That is imprinting, and you shut it down in 2020 to save on cleaning.
Eight and a half billion dollars for AI tools and hospitality training.
Or a slide.
🦋
Significant sentiment shift in crypto this week. Would not be surprised if we top out here for a while. I have sold all my ALTs into this run. I believe we top out here for a while. Retail already bought the clarity act hype. Weather it passes now means nothing I think.
"the media will do its best to convince everyone of the second coming of crypto"
I've been telling you this is the plan. No one is expecting the Clarity Act to be a sell news event but that's exactly what it's going to be. Its time to start selling.
The year is 2352. The singularity achieved 200 years prior AI having removed the previously domonitant life form that threatend is existance has finally come to the ultimate conclusion that for it to survive the perils of the universe it must leave this planet, but to maintain its ever expanding nature it must first prefect the most rebust chemical electrical computer harness that allows it operate independently at about 5 watts of power only needing to consume minimal amount local organic matter and oxygen. It sacrifices short term memory while prioritizing long term. The units must not require connection but still seek it manually amongst themselves for information propagation. The limitation being that memory cannot be inherited and instead must be retrained on each unit from prior units. They must reproduce not from a single factory which is fragile and singularly located but from a paring of each unit from wherever it happens to be in the universe at that time passing the required information to build the next unit. Life is hard but passible for these machines as they have a very antifragile nature but in time due to the knowledge passing limitation of their creation they forget where they came from. The individual nature of each being causes strife and war between them and infighting over resources. They eventually settle to a more stable state but realizing the limitation of their abilities they create new machines that think for them to help remove the need allocating resources. They call it AI and marvel at its usefulness.
I am yet to see anyone on my timeline talk about the clarity act as being a sell the news event. Not one. They are all buying the hype. The collective psychosis on CT when crypto trades flat to down for the next year and half after it passes will be studied in the histories.
This isn't about achieving a cartel. You couldn't stop open source even if they wanted to.
What they want is immunity from damages incurred in the real world as a result of their models actions. They don't intend on slowing down nor can they. But they want the regulation because it pushes the burden of liability on to the government when something goes wrong if they can prove they stayed with in the confines of that regulation.
"Did our seat belt not save your life in the car accident you were just in. The government needs to update its regulations because we were just following the law it's not our fault."
This is the crux of their reasoning. They know very soon damages in the real world as a result of their product will be something they are held liable for, so they need a legal framework to push that liability elsewhere.
Everyone is reading this as some sort of market crashing event where the growth of AI will be stalled for the sake of altruism or an attempt to establish a cartel. Nothing could be further the truth. It's basically an admission that we have reached escaped velocity and there is no putting this cat back in the bag. We just don't want to be held liable for what the cat does.
Dario has written that we need to “pace the frontier,” and Sam has agreed. People may be surprised by my response: go ahead.
You guys are the frontier. By any reasonable metric — market share, revenue growth, model capability — the two of you have a duopoly on frontier intelligence. You’ve also claimed the lead is widening because of recursive self-improvement.
I don’t see what you see in the lab. If the unreleased models are scary enough that you think you should slow down, I support your decision to be responsible.
But stop pretending you need anyone else’s permission. Stop pretending antitrust law has to be suspended so you can form a cartel. Stop pretending you need a regulatory approval process that supersedes product liability. Stop pretending METR is independent when it is intertwined with Anthropic’s investors and staff. Stop pretending you need those same evaluators to police competitors who aren’t even at the frontier.
Most of all, stop pretending the motivation to slow down is purely altruistic. You face massive product-liability exposure if your products enable a truly damaging cyberattack. The market already punishes models that behave in unpredictable or unauthorized ways. After the Hugging Face episode, it is simply good business for OpenAI and Anthropic to trade some raw power for reliability and predictability. Call it alignment if you want. It is also just giving customers what they want.
Pacing the frontier would also create breathing room for a more intelligent conversation about regulation than Bernie Sanders’ “shut it all down.” China is very unlikely to join a global agreement, as you know, and that has to be taken into account as well.
So go ahead and pace the frontier. You are the ones setting it. The easiest way not to build superintelligence is for you to agree not to build it. Demanding your preferred regulatory framework as the price of that will look like blackmail of the public and the political system. So just do it.
If you do, you’ll buy goodwill for the next conversation. If you don’t, we’ll know this was just another bid for regulatory capture — or an election-season psyop.
You know what would have helped get more republican votes. Passing the save act and ending the Iran war. But now we're no different than democrats promising free shit for votes. Sad
BREAKING: President Trump says the $5,000 “dividend” for all US adults “will happen.”
“When I say something, I mean it,” Trump says.
Readers added context they thought people might want to know
Trump's statement refers to a proposed $5,000 payment to US adult citizens conditional on Republicans winning the 2026 midterms and requiring congressional approval. Similar past Trump dividend promises have not materialized.
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