@cixliv @Tesla_Optimus @nvidia That is what I hear. Optimus team has several weeks to solve that problem. At the VR meeting Friday one entrepreneur told me he went from a picture to an application that worked in three minutes. So we will see.

Big Tech’s AI push is starting to reshape its own workforce. Meta is reportedly preparing layoffs that could impact 20% or more of employees as it pours billions into AI infrastructure and automation. The AI transition isn’t just creating new industries it’s forcing painful restructurings inside the companies building it. https://t.co/ckf4LOz1tW @cnbc @reuters

@amarifields_ A new way to read X.

Grok Imagine gets the vibe, iterates the world you imagine https://t.co/jjQgSLW8A6

The best demonstration of leftism https://t.co/0aOGK0qAVe

PBD Podcast on Elon Musk: “Whoever creates the most value for everybody else should end up with the most resources. Name somebody who’s done it better than him. Elon Musk for 30 years has averaged the creation of a multi-billion dollar company every 5 years. There’s nobody in the world who’s ever done that before. It is incredible, and it’s not like, ‘Oh, let me go do a roll-up of everybody else’s businesses’—it’s not financial engineering, it is from scratch: ‘we’re going to build a product to solve something at scale’.”

Starlink's high-speed, low-latency internet is now available in Kuwait! 🛰️🇰🇼❤️ → https://t.co/cwuzFpKmnA https://t.co/Arm7K3nm1e

How Google And AI Upended 1990s Knowledge Management https://t.co/swymXozSkC (📸: Kim Kulish/Corbis via Getty Images) https://t.co/9AtMK6KEZC

“The second half of your life should be better than your first half. You should be wiser when you get older.” — Warren Buffett. 2025. CNBC https://t.co/K60strfIp6

Steve Jobs on the most important job of a CEO “The greatest people are self-managing. They don’t need to be managed. Once they know what to do, they’ll go figure out how to do it… What they need is a common vision, and that’s what leadership is. Leadership is having a vision, being able to articulate that so the people around you can understand it, and getting consensus on a common vision.”

Steve Jobs on the most important job of a CEO “The greatest people are self-managing. They don’t need to be managed. Once they know what to do, they’ll go figure out how to do it… What they need is a common vision, and that’s what leadership is. Leadership is having a vision, being able to articulate that so the people around you can understand it, and getting consensus on a common vision.”

𝗪𝗵𝗮𝘁 𝗶𝘀 𝗶𝗻𝘁𝗲𝗿𝗰𝗵𝗮𝗻𝗴𝗲, 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝗳𝗮𝗰𝘁𝗼𝗿𝘀 𝗶𝗺𝗽𝗮𝗰𝘁 𝘁𝗵𝗲 𝗶𝗻𝘁𝗲𝗿𝗰𝗵𝗮𝗻𝗴𝗲 𝗿𝗮𝘁𝗲? Let’s break it down: Every time a consumer swipes a card to make a purchase, the merchant pays an interchange fee. Revenue from the fee gets divided among parties that facilitated the transaction: the banks that send and receive the payment, the card network, the payment processor, and—more recently—fintechs and businesses that embed payments. When you take the bird-eye view diagram below 👇 as an example: If a user swipes a card issued by a Neobank, $1.70 (interchange fee) goes to the issuing bank and the card network, $0.50 (acquiring fee) goes to the acquiring bank. Interchange fees are not always the same though. 𝗪𝗵𝗮𝘁 𝗳𝗮𝗰𝘁𝗼𝗿𝘀 𝗶𝗺𝗽𝗮𝗰𝘁 𝗶𝗻𝘁𝗲𝗿𝗰𝗵𝗮𝗻𝗴𝗲 𝗿𝗮𝘁𝗲? ► Credit vs. Debit Interchange rates on credit cards are significantly higher than those on debit cards. ► Rewards programs These benefits are financed through higher interchange rates, and have proven to be very popular with consumers. ► Online vs. Offline Online purchases are less secure than in-person purchases. ► Consumer vs. Commercial Cards associated with business or corporate accounts carry higher interchange rates than consumer cards. ► Merchant Category Code (MCC) Every merchant is categorized by the major card networks according to a Merchant Category Code (MCC). This means that there are different interchange rates depending on whether someone uses a card in a supermarket, a retail store, a gas station, or with some other form of merchant. ► The Card Network Different card networks charge different rates. Visa and Mastercard are known for charging lower rates. Other networks like AMEX are known for charging higher rates. ► Network partner programs Visa and Mastercard’s partner programs like VPP (Visa Partner Program) and MPP (Mastercard Partner Program) often give specific retailers interchange rates that are much lower than the networks’ published interchange rates. ► Size of the issuing bank (𝗢𝗡𝗟𝗬 in the US 🇺🇸) Larger banks are subject to a regulation called the Durbin Amendment that caps interchange rates on consumer debit transactions. Smaller banks are exempt. As a result, these smaller banks can earn more revenue from interchange rates, which benefits FinTechs and embedded finance businesses that partner with them. Read my complete source article for more info: https://t.co/8y9tAIbxH0

Sam Altman: The US must speed up AI adoption in business and government or lose its economic edge There's a generational opportunity for wealth creation, but the negative sentiment regarding data centers and layoffs currently slowing critical progress. https://t.co/ew36pdmI01

Nvidia CEO received his best career advice from a gardener: you have plenty of time. https://t.co/9uar3tYXfT

Amazon plans to use chips from startup Cerebras Systems alongside its own Trainium processors, a combination that the companies say will be able to better run AI software https://t.co/fErTETzY4R

This 50-minute lecture by Jeff Bezos will teach you more about business than a 2-year MBA program: https://t.co/CeI1VFMoSO

If you invest in equities, listen to this. Charlie Munger explains what he did when his portfolio fell 50%. Save this to stay ahead of the curve. https://t.co/SI3wYl4vMY

If you invest in equities, listen to this. Charlie Munger explains what he did when his portfolio fell 50%. Save this to stay ahead of the curve. https://t.co/SI3wYl4vMY

Charlie Munger: "News outlets that we all follow [are] good at marshaling hatreds. Now, some hatred may have some constructive use, but they're overdoing it." "The hatred is too intense. It's already cabbaged up the minds of the broadcasters — and, now, it's cabbaging up the people who watch."

The proposed venture between Anthropic and private equity firms would follow a Palantir-style model, combining AI software with hands-on consulting. https://t.co/ZSj2nNq4gL

Researchers trained a humanoid robot to play tennis using only 5 hours of motion capture data The robot can now sustain multi-shot rallies with human players, hitting balls traveling >15 m/s with a ~90% success rate AlphaGo for every sport is coming https://t.co/R5OhqQOT8A