https://giftarticle.ft.com/giftarticle/actions/redeem/ca6f2424-e51f-48af-917d-5039aba268e7 "Gambling industry"
Remote
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@rli@macaw.social
mastodon 4.7.2@NYC office 12th floor.
posts get auto-deleted after two years
93 Followers
137 Following
50 Posts
Joined November 12, 2022
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valley stuff
It’s weekend, which means I’ll be consuming all the insane news in park rather than at home
https://americanaffairsjournal.org/2026/02/understanding-the-llm-bubble/
was a good weekend read. the author also had a great piece on uber (https://americanaffairsjournal.org/2019/05/ubers-path-of-destruction/)
why include the stock symbol? guess some bagholders can't hold it anymore.
https://www.youtube.com/watch?v=CYoa9hI3CXg
amazing content aside, I realized Rick Steves may be the early day "travel vlogger"?
Rick Steves' Iran (2009)
Replying to
let me guess... Jared Kushner leaking to his friends in Qatar so they can make some money back, as compensation for their oil and gas assets getting blown up.
Replying to
so tired of these Trump stooges openly turning U.S. into banana republic...
https://www.fxstreet.com/news/feds-miran-i-favor-three-maybe-four-cuts-this-year-202604161515
FOMC presser
https://giftarticle.ft.com/giftarticle/actions/redeem/c1cd9fcc-4e80-4837-b8b4-991203c59ccd
"Amazon staff use AI tool for unnecessary tasks to inflate usage scores"
accompanying read: https://www.amazon.com/Bullshit-Jobs-Theory-David-Graeber/dp/150114331X
feels like these Mastodon instances are the only social media websites that are not flooded with AI slops nowadays
https://www.reuters.com/business/cfo-anthony-armstrong-leaves-xai-information-reports-2026-04-09/
Leaving right before the grandiose IPO does not spell confidence. That said, I still predict a very successful SpaceX IPO because Musk is just so good at "getting numbers go up"
Replying to
@wil yeah it’s all getting very bizarre and crazy. See also https://www.theguardian.com/us-news/2026/mar/02/us-department-of-education-charlie-kirk-banner
Replying to
"... Graham, his mentor, wrote, 'You could parachute him into an island full of cannibals and come back in 5 years and he’d be the king.'"
this is also the case for other "successful" valley leaders (e.g. Zuckerberg and Musk). They just want to win and keep winning at all costs. There's a kind of ruthless, unhinged, and psychotic fervor driving these people. This possibly explains why things they say in public sound absurd and non-human (e.g. Zuck: most of your friends will be AI)
"CEO Said A Thing!" Journalism
// Agreed, and when did this become a common practice? Anyway, increasingly I feel most "journalism" nowadays is just garbage.
https://karlbode.com/ceo-said-a-thing-journalism/
Replying to on discuss.systems
@steve@discuss.systems yeah this doesn't surprise me... again, look how much money he burnt on metaverse stuff...
https://giftarticle.ft.com/giftarticle/actions/redeem/f4377bf6-fa0b-48f3-9295-4c23279c4992
This is clearly a (self-inflicted) supply side shock leading to higher inflation. Tough time for the Fed as a hawkish pivot at this moment could really hurt employment.
https://www.wsj.com/politics/policy/white-house-explores-250-pardons-to-mark-americas-250th-20fccfbc
Fitting. Probably half of them are grifters and they'll donate to Trump Library afterwards.
https://www.youtube.com/watch?v=gM7UzXE0tas this and many other EV models will really finish Tesla in Europe if they are brought into the European market.. .
Replying to
https://www.nbcnews.com/business/business-news/soldier-charged-over-maduro-raid-bet-rcna341710 it feels more and more people start to get into this degen gambling game. Tough time for business in Las Vegas.
valley watch
https://giftarticle.ft.com/giftarticle/actions/redeem/4f2d0a18-06d2-4125-a989-950daf0427a6 truly the largest bag dumping event in history...
https://giftarticle.ft.com/giftarticle/actions/redeem/1d8a2b96-2c6a-4c9c-b07b-ca2c044ef1e8
This is slow motion train crash. Asia economy will get hit very hard (Thailand, Philippines, Japan, etc)
https://giftarticle.ft.com/giftarticle/actions/redeem/4de8b064-6862-496a-9d0e-c399e4ff0ce1
Forgot it's $TRUMP coin event this weekend, but I thought the Iran war stuff is still ongoing?
valley watch
Allbirds is pivoting to AI compute infra now?
market watch
https://giftarticle.ft.com/giftarticle/actions/redeem/1f1c839c-990b-4ea3-af38-89bc86d0374b poor euros are gonna get fleeced to save those defunct public transportation system
Replying to
Lmao. Amazing. You can see Altman is good because he is so ahead of every other grifters in the valley.
https://giftarticle.ft.com/giftarticle/actions/redeem/bba24e04-eac0-4f9c-890c-582405c659cf suddenly I don't hear about Chinese EV "overcapacity" anymore