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At some point you have to recognize that this is all orchestrated
BREAKING: Exxon Mobil has shut down one of the largest diesel refineries in the Midwest, which produces ~11 million gallons of gasoline and diesel fuel per day, due to outage issues.
This comes as diesel prices have already surged nearly 90% this year and the US has entered peak diesel demand season.
We expect to see diesel prices push toward $7.00/gallon.
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My thoughts:
The biggest mistake that both OpenAI & Anthropic have made was leading with what AI could do for companies instead of what AI could do to improve the lives of average people. The focus on that narrative overlooks what I believe would've been the easiest way to get buy in from the general public which is healthcare.
If either of these CEOs actually spent more time listening to average people, they would've understood that healthcare is a very big concern for many and had they shown how AI can be used to improve health outcomes, they would've had a larger backing from everyday people to use it for other things.
Second mistake was pushing an AI efficiency narrative that influenced executive leaders in the American job market to believe that mass layoffs were necessary to remain competitive in the AI race because of the promised cost savings and efficiency of AI. The problem is that true AI transformation requires much more than throwing an LLM at existing processes, and in many cases, we are still years away from realizing the level of efficiency being promised. Most companies at this moment in time do not have enough AI expertise internally to properly quantify the productivity gains, limitations, or quality of the outputs they're receiving. Yet somehow, at the same time, we're constantly being told that we're on the verge of AGI.
Third mistake was pushing all of these AI doomsday scenarios while continuing to present moving forward as the only real option. I understand why it seemed necessary to continue from a geopolitical standpoint, and even ego, but this was the narrative for years even while the public was being told how badly this could potentially go. Then you had whistleblowers and former employees coming forward raising concerns about what they were seeing internally. Some of those concerns, particularly at OpenAI, were publicly disputed or dismissed as inaccurate. Now we're being told by the leaders of both companies that we need to slow down. If AI technology has crossed a significant threshold where the leaders believe slowing down is necessary, the public deserves to know what changed, when it changed, and what they're seeing now that makes slowing down necessary.
I think everyone understands that we do not want to lose the race to China, but it has been unclear to the average person what exactly losing means because right now, in this moment, American people already feel they are losing everything. It has also never been made clear what winning this race actually looks like for the average American. Our industry has created conditions that now make slowing down politically, globally, locally, and economically difficult. A few tweets and paragraphs saying additional safety personnel are going to be introduced cannot seriously be presented as the fix, and there should be a push for more, especially if the risks are as serious as they're now saying they are.
“Looks harmless”, every day I get proven that most people in this country are of very low intelligence
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Americans will put $2.8 million into their 401k over a career and end up with $750,000 of actual spending power.
If you max out your 401k at $23,500 per year for 30 years at 8% annual returns, you accumulate roughly $2.8 million on paper.
But $2.8 million in 2055 buys what $1.1 million buys today after average inflation of 3% per year. Then the IRS takes 25% to 35% on the way out. You're after tax, inflation adjusted number lands at around $750,000.
30 years of locking up capital and zero access during your highest earning decades. A 10% penalty if you touch it before 59.5 years old. A menu of mutual funds your employer picked for you. All for $750,000 at retirement age.
The 401k was designed in 1978 as a supplement to pensions and social security. Pensions are mostly gone. Social security will almost certainly pay reduced benefited for anyone under 45.
For high earners, putting every available dollar into a vehicle you cannot touch for 30 years while ignoring assets that generate cash flow today is an expensive mistake and decision.
Readers added context they thought people might want to know
The post's math frames pre-tax 401(k) contributions as full after-tax costs and uses a fixed annual limit, overlooking immediate tax savings from reduced taxable income and IRS annual inflation adjustments to caps.
schwab.com/learn/story/40…
irs.gov/newsroom/401k-…
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This article is way too long and uses overly complicated language to say one important thing.
If you try to sell today without understanding a customer’s business, what they care about, or how important the problem is to them, you’ll get poor results.
This isn’t new. The first rule of selling is understanding your customer’s business and their problems. Bad salespeople too often quickly skate past this and spend too much time talking about their product’s features and benefits.
The best ones spend real time on discovery. They learn the customer’s pain, what they care about, who’s affected, and the financial impact of not addressing the problem. Once they truly understand what the customer’s pain is they can be more effectively in tailoring their sales efforts and directing it to the right people. The best salespeople have always done this, and they always will.
Founder of an outbound AI agency has never actually done outbound. In today’s world I can’t even say I’m shocked
This quoted post is unavailable.
Seems like extreme nepotism only gets celebrated on X
I had no idea that Jared Kushner's little brother, Joshua Kushner, who just bought a stake in the Lakers is on such a historic run...
> Worth $5 billion
> Married to supermodel Karlie Kloss
> Harvard MBA
> Co-owner Memphis Grizzlies
> Founded successful PE firm Thrive Capital
Telling someone 8 years is not long enough to form a valid opinion on living in a city should get your social media access revoked and put on a watchlist, cause clearly that person is clinically insane
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Turning 27 is so brutal because it no longer becomes about potential. You either are, or you are not. Can, or can not. There's no more ambiguity. There's nobody else to blame, no more programmed "growth spurts". At 27 it becomes all up to you.
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If you’re a Black person who still supports that man after he effectively called Black people monkeys during Black History Month please stay away from me and those that I love.
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Yale finally recognizing what everyone on Fintwit has been saying for years. $200k is the poverty line
































