For people who don't know who he is, please give us an introduction to Joe Sat. He's the owner of the Nets and he's now chairman of Alibaba. We like innovation from the bottom up.Alibaba just dropped their secret weapon, Quen 2.5% Max. Alibaba surged 14.5% overnight, beat estimates on nearly every metric. A massive rally alone this year, adding about 100 billion to the stock's value.You have to have a growth mindset when you compete. ...

Something that I think is is interesting and and and relevant particularly to Grock 4 being the best product is the best product doesn't always win in technology. >> No. >> Yeah. >> Yeah.In sports, you know, they say uh defense wins championships and on the internet distribution wins championships and Gro 4 has formidable competitors with lots of distribution and Google >> and you know Meta if they get their act together. Microsoft. And so from an industrial logic perspective, something that I think makes a ...

Economic Outlook & Monetary Policy - The possibility of Federal Reserve rate cuts is decreasing due to a strong stock market and overall healthy economy [1][2] - The market's expectation for September has shifted from a 25 basis points rate cut to no change [2] - Short-term rate adjustments by the Federal Reserve aim to stimulate the economy, but fiscal challenges require attention [8][9] US Fiscal Challenges - The 30-year Treasury yield has reached 5%, the highest since 2007, indicating increased borrowing costs for the US government [3][4] - The US has $36 trillion in debt with an average interest rate of 33%, resulting in $12 trillion annual interest expense [5][6] - A rise in average interest rate to 5% on the debt could increase annual interest expense to nearly $2 trillion [6] - The US faces a fiscal crisis due to rising interest rates and continuous deficit spending [7] Deficit & Potential Solutions - The deficit's impact is now significant due to rising interest rates [11] - At current deficit levels, refinancing debt at current rates could lead to interest spending exceeding major expenditures like Medicare, Medicaid, Social Security, or the military [12] - Potential solutions involve slowing government spending, increasing revenue (including considering consumption taxes), and deregulation to stimulate economic growth [14][16]

I don't think that humans are limited in our ability to solve problems. I think we're limited in terms of time. And what digital intelligence gives us is leverage on time so that we can now tackle ever more complex tasks.This idea of super intelligence is that it could give us immense leverage and solving that complex problem that we otherwise may be challenged to solve over decades or hundreds of years. Or think about one day solving a problem that would take humans thousands of years to solve. So, if I as ...

Something that I think is interesting and relevant particularly to Grock 4 being the best product is the best product doesn't always win in technology. No. Betamax.Yeah. In sports they say defense wins championships and on the internet distribution wins championships and Gro 4 has formidable competitors with lots of distribution. And so from an industrial logic perspective, something that I think makes a lot of sense, particularly since OpenAI bought Johnny Ives hardware startup, which will place them into ...

the driving force behind one of America's most influential companies. Record high today for Uber. 100% out blast here.Whimo and Uber have announced a partnership. When you have a CEO that's done what DAR has done, you set the bar higher and higher. >> The impact we have on society is significant. We hope to keep building on that impact going forward.And I'm quite optimistic about what the future's going to bring. ...

Executive Power & Government Efficiency - The discussion centers on the extent of the US President's authority to make personnel changes within federal agencies [1][2][4] - The argument is made that the President should have considerable leeway in managing personnel to improve government efficiency and reduce excessive regulations [2][3][4] - The inefficiency of government processes is attributed to outdated technology and excessive regulations, with regulations increasing rapidly since 1993 [2][3] - Streamlining the government workforce is seen as a way to control downstream spending and the creation of new regulations [5] - The ability to fire underperforming employees is considered crucial for effective leadership, similar to a CEO's role in a company [7][19][20] Congressional Oversight & Constitutional Considerations - The extent to which Congress can mandate specific hiring numbers or spending allocations is questioned, raising concerns about potential infringements on the President's constitutional duties [9][14][15] - The Constitution grants executive power to the President, but Congress appropriates money, leading to debates about the President's obligation to spend funds as directed [11][12] - There's a discussion on whether Congress can prescribe the number of people the President must hire, which is considered potentially unconstitutional [14] - The Supreme Court has generally supported the President's ability to fire presidential appointees, with some exceptions [19] - The Department of Education is cited as an example of a department created by congressional statute that has not improved outcomes, suggesting the need for potential repeal of such laws [21]

Sequoia is the most soughtafter name in the venture capital business. The firm has made over a thousand investments now worth in the trillions in public market value. There's a list of five VCs who I think can really transform a company and you're one of those five.When I joined Sequoia, it was clear that if I wanted to make it as a partner, you needed to produce meaningful games. YouTube, Instagram, Square, this is a list of amazing amazing startups. At the end of the day, what matters is the quality of th ...

If you guys were running Grock 4, that'd be so much fun. How do you judo flip open AAI because they are marching steadfastly towards a billion Mao, then a billion DAO. It's a juggernaut.So, how do you use the better product in a moment to judo flip the less better product. Look, yeah, I mean, here's the thing, right. So, you do the Elon way.So you have you get a bunch of missionary like full-on missionary engineers that work twice as hard and you have a culture that is ultra fierce truth seeeking and you do ...

Scotus made a big decision here. They've sided with Trump for plans for federal workforce rifts, reductions in workforce. I think President Trump should have absolute leeway to decide how the people that report to him act and do their job.There are more than 2,000 federal agencies. Employees plus contractors, I think, number 3 million people. If you put 3 million people into 2,000 agencies and then you give them very poor and outdated technology, which unfortunately most of the government operates on, what ...