is the word for this “rug pull”?
is the word for this “rug pull”? 🚨 SPACEX MAY BE THE BIGGEST INSIDER CASHOUT IN MARKET HISTORY. SpaceX is expected to IPO at a valuation of up to $2 TRILLION. That would instantly make it larger than
Knowledge catalogue
is the word for this “rug pull”? 🚨 SPACEX MAY BE THE BIGGEST INSIDER CASHOUT IN MARKET HISTORY. SpaceX is expected to IPO at a valuation of up to $2 TRILLION. That would instantly make it larger than
Listen, I’m a big “the index is the index” guy, but they are openly looting the coffers. This is 100% fraud. Rule changes for the SpaceX SPCX IPO: Index providers waived the profitability requirement
@ParValue26 @Hedgeye Let’s be clear what this actually is: the administration and the world’s richest man working together to screw over ordinary investors to goose returns on the IPO for the wealthie
serious accusation. does this fit with people’s experience? Is Anthropic altering model performance to force costly upgrades? Chapter Co-Founder and CEO @CobiBGantz outlines a shift his team recently
SpaceX being rammed into indices with no profit requirements, seasoning, and generally looser constraints is economic terrorism. Index trackers will eat the loss when reality catches up and retail inv
Gary Marcus argues that consumer backlash against AI-generated content will be increasingly visceral, particularly in creative fields like fiction, leading to growing demand for 'human-authored' certi
Three companies are about to IPO at a higher combined value than all 2,600 dot-com IPOs from 1995 to 2000 combined. – SpaceX, OpenAI, Anthropic (2026): ~3.75 trillion – Every dot-com IPO from 1995–200
Weird how the Pope seems to understand AI better than @geoffreyhinton, but I am 100% with the Pope on this. We are NOT creating beings. The Pope is right. We are creating interactive fiction that is t
weird the way this tweet was getting a ton of traffic and then just stopped. 🤷♂️ I honestly think Elon’s best days are behind him: BYD is crushing Tesla in EVs. Waymo is crushing Tesla in AVs. Anthro
Gary Marcus argues that while Anthropic has better prospects for long-term profitability compared to OpenAI, the overall probability of either company achieving sustained profitability remains modest.
This post likely critiques the irony of someone insulting another person's intelligence while making a basic grammatical error (omitting an apostrophe in 'don't'). Gary Marcus, a cognitive scientist a
genius reply, full of reasoned intellectual argument, from the kind of retail investor who is probably going to get burned on the SpaceX IPO. Going to MIT and NYU may have meant something in the past,
Gary Marcus discusses his moderation approach on social media, noting that he blocks Tesla supporters primarily when they resort to insults rather than substantive arguments, and observes that this oc
I honestly think Elon’s best days are behind him: BYD is crushing Tesla in EVs. Waymo is crushing Tesla in AVs. Anthropic, Openai, and Google are crushing Xai on AI. The SpaceX S-1 is so ridiculous th
“I'm more concerned about the lack of intellectual diversity within the frontier AI commentariat/research world. This improved a lot over the last two years, but we're still far from a healthy ecosyst
is having a four month lead a sustainable multitrillion dollar business model? We took another look at the capability gap between open-weight and proprietary models. Since the start of the year, open-
it is the single most clever move Elon ever pulled off Rule changes for the SpaceX SPCX IPO: Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5. This f
Gary Marcus expresses frustration about an influx of Elon Musk supporters on his social media feed who conflate personal insults with substantive counterarguments. The post appears to critique a lack
so much for multitrillion dollar candy companies Note to all staff: Turns out that super tasty AI candy we've been putting out in large bowls isn't free and it isn't necessarily leading to better prod
this won’t end well. it will end with a bailout. Cash flow no longer covers the AI capex bill, so hyperscalers are funding it with record debt: Hyperscaler bond issuance has soared to $150 billion YTD
what a time to be alive wow, Opus 4.8 is very... argument-happy? it picked a fight with me about my usage of the word 'ontology', and when we eventually got back on the same page philosophically, told
Why LLMs rarely payoff—and what I have been saying literally for 7 years—confirmed yet again: LLMs can’t handle the truth. (Nor apparently can my critics, who keep saying I am “always wrong”, when I h
A 25B fund just refused SpaceX at any price. It says the company can't be worth more than 1T, half the $1.8T IPO target, and Musk's 85% control makes it impossible to fix from inside. https://thenextw
bold set of counterpredictions, from @scaling01: Cold take on what comes next: - OpenAI will flourish - Anthropic will continue to be profitable - Google will not catch up to Anthropic or OpenAI - no
ChatGPT diagnosed 40 million people with a disease that was invented as a joke. Not a real disease. Not a misunderstood disease. A completely fictional condition with a fake name, fake papers, and fak
Dear Grimes, Appreciate your candor, and I understand that your subjective impression is to believe that there is something there. But a. That’s the very Eliza illusion I am pointing out. It is possib
even if @scaling01 turns out to be wrong about some of these, I respect the specificity. a bit more specific: - OpenAI will flourish -> meaning they will stay at the frontier and their market cap cont
exactly this. @Michael14kBall @GaryMarcus @Vivek4real_ He's been publicly trashed by AI boosters this whole time, in dismissive terms. And the thing he's doing, with a number of others, is to try to c
fully agree! Artificial intelligences do not undergo experiences, do not possess a body, do not feel joy or pain, do not mature through relationships, and do not know from within what love, work, frie
fun fact many people don’t know: LLMs actually produce bullshit for many reasons, and would continue to do so (though less) even they weren’t trained on bullshit. legal citation hallucinations are a n
Hot take on what comes next, after the sudden decline of tokenmaxxing: - OpenAI will struggle - with the decline of tokenmaxxing Anthropic will struggle (aside from this quarter) to make a profit - Go
i have strong reason to believe this is cope. we may find out soon… Im calling BS on this story. 1. That would be 100,000 employees spending 5k/mo each or 10,000 employees averaging 50k/mo each. No wa
i warned these guys of exactly this problem - no moat because everyone is training on same data - two years ago. and warned them that AI would become a commodity. now they think they have made some bi
I’m going to let you in on a secret. I made a mistake once.* In August 2024.* It’s true. I actually got something wrong. I predicted that there would be a collapse of the AI bubble (which in my judgem
Gary Marcus is requesting that someone complete a form or document and submit it to him or another person (possibly Gary Marcus himself based on the mention of @GaryMarcus). The post appears to be a r
It’s a good day when the Pope vouches for your recent comment in Nature. The Pope is making exactly our point. LLMs “may imitate or even simulate, but they do not understand.” This is the core epistem
It's a shame what happened to @kevinroose. He used to be a pretty damn good tech reporter. But recently he got one-shotted by spending too much time in/around the big AI Labs (research for the book he
Multiple executives tell me they’re looking to decrease their AI expenses just as three major AI IPOs are on the horizon. My latest: CEOs are bargain hunting for AI https://www.axios.com/2026/05/29/ce
Nobody knows for sure where employment is going and over what time frame. But one thing I can tell you for sure is that the big AI CEO’s have started lying about it. When they tell you know “we are ju
Note to all staff: Turns out that super tasty AI candy we've been putting out in large bowls isn't free and it isn't necessarily leading to better products for our customers. From now on, all employee
Nvidia up 0.7%, on news that tokenmaxxing is dead and H200 rental prices are down. What an absurd time to be alive. In the last 30 days alone: – Microsoft cancelled most of its Claude Code licenses, c
Gary Marcus expresses strong enthusiasm about Opus 4.8, suggesting it represents a significant breakthrough in AI capabilities. The post implies the model introduces substantial improvements or novel
quick, name a prominent company that achieved a major win via tokenmaxxing! I've yet to see, or hear of a company that is winning against its competition, because said company is spending more on AI t
Gary Marcus criticizes Apple's email filtering system for incorrectly routing Mark Cuban's message to spam, highlighting a failure in Apple's spam detection algorithm. The post reflects concerns about
stop asking for rationality @jeffreyleefunk! it won’t happen here! (actually, it will … eventually ...) @GaryMarcus As companies reduce AI use in effort to achieve productivity improvements in most co
This post by cognitive scientist Gary Marcus appears to comment humorously on political or ideological conformity, suggesting that people and leaders flip their positions based on party alignment rath
this is on track to be this year’s “what did Ilya see?” rumor that people love that has nothing to do with reality. Im calling BS on this story. 1. That would be 100,000 employees spending 5k/mo each
Today I learned that @Grimezsz has more courage in her pinky than Roon does in his entire cowardly body. Roon made excuses; Grimes defended her views calmly and respectfully, like grownups should. Ope
Tokenmaxxing is so done. TOKENS OR HUMANS? The new corporate trade off as AI costs balloon 'This is the first time ever that I can remember that technology costs the same as people' - @jainarvind 'Com
Was this priced into the $965 billion valuation? This looks like the beginning of the end for OpenAI and Anthropic. The Chinese AI wave did not just cut prices. It destroyed the entire funding logic b
When you are talking to an LLM, you are speaking to a synthesized work of interactive fiction, not a real being. ChatGPT, Claude, and Sydney are not their neural networks. If any LLM claims to be cons
yes, absolutely, many companies are experimenting. but also: most of those experiments are failing to yield significant RoI. (weird for an economist to not even ask or address that question.) Looks li
you break it, you buy it peter thiel has broken the united states, and now he is abandoning it Peter Thiel has temporarily relocated his family to Argentina, enrolled his children in school there, and
1. Agreed that OpenAI is in deep trouble; that’s why I have long suggested that it might be the WeWork of AI but 2. Anthropic is not out of the woods; their best quarter was exactly when tokenmaxxing
Gary Marcus raises a philosophical question about whether calculators, despite their computational capabilities, might possess consciousness. The post likely explores the disconnect between functional
and see, perhaps further reflection of the death of tokenmaxxing The price to rent an Nvidia H200 just collapsed from 7/hr to 4/hr in three weeks. A -40% drop in the cost of the single most strategic
ANTHROPIC VALUATION: 965B WALMART VALUATION: 940B ANTHROPIC REVENUE: 20B WALMART REVENUE: 725B BUT AI IS NOT A BUBBLE, RIGHT? Media JUST IN: Anthropic raises 65B at 965B valuation 70% chance of IPO th
AWS CEO Matt Garman stated that the notion AI will replace junior developers is fundamentally misguided, suggesting instead that AI tools will augment and enhance developer productivity rather than el
crazy that this was announced on the day tokenmaxxing died. Anthropic raised 65 billion in a funding round that valued the artificial intelligence company at 965 billion including the new investment,
Cal Newport discusses whether recent AI advances represent a breakthrough in mathematical problem-solving capabilities, examining the implications of AI systems' improved performance on complex mathem