“The concession was TikTok.
For Trump, forcing the sale of the high-profile app was a populist victory framed around national security. For Xi, however, the app was a low-cost bargaining chip. He had privately dismissed it as “spiritual opium,”
Don't blame me I just voted for [crypto, tax cuts, deregulation, insert insignificant personal policy preference] not the destruction of the institutions and order that provided the stability and opportunity for me to succeed
I’m begging people to go back and read the contemporaneous reporting of the housing market from spring of 2005 to mid 2006. It was meticulously documented by the mainstream press how insane consumer behavior was, and how prices subsequently began rapidly declining.
Whether you believe #AI is a #bubble or not, what is true is that no bubble in history has ever been discussed so intensely before it crashes. People have usually believed it's up forever. I wonder if that could influence the outcome.
Zuck with an open letter to every company in tech:
"Since we reduced our workforce last year, one surprising result is that many things have gone faster"
"Indirect costs compound and it’s easy to underestimate them"
"A leaner org will execute its highest priorities faster"