Just minted my Mr Freeman stickers on TON.Had the founder on my stream last week and was really impressed by his passion for the project, the art and the plans for the next few months.Plus they are backed by Base so good to get some exposure there as well.There is also some immediate game theory here as there are two competing teams, I joined team white ...

Core Insights - Silicon Valley is making unprecedented investments in artificial intelligence, with the Magnificent Seven companies expected to spend nearly $400 billion on AI infrastructure in 2023, which is about half of the projected U.S. GDP growth in 2025 [1] Group 1: Investment Trends - The strategy among major tech firms is to build sufficient computing power, anticipating that profits will follow, although historical trends indicate that significant investments in transformative technology often lead to volatility rather than immediate value [2] - The competitive landscape resembles a game-theory dilemma, where companies feel pressured to continue investing heavily in AI to avoid falling behind, despite the risk of overspending [3][4] Group 2: Historical Context - Historical patterns show that technological breakthroughs often lead to overinvestment, resulting in supply outpacing demand, which can lead to valuation bubbles and subsequent collapses [5] - Previous technological advancements, such as railroads and telecom, have demonstrated that while initial investments can lead to bankruptcy for some, the infrastructure created can eventually support future growth [6] Group 3: Economic Implications - The productivity gains from AI are contingent upon complementary investments, including new processes and cultural shifts, which are typically slow and complex but can yield exponential returns once established [7] - There are varying economic scenarios regarding AI's impact, ranging from a utopian vision of infinite productivity to a more pessimistic outlook where reckless spending leads to inflated valuations and poor returns [8][9] Group 4: Future Outlook - The potential for AI to reshape economies is likened to the impact of electricity, suggesting a gradual and uneven transition characterized by creative destruction, with short-term chaos possibly paving the way for long-term benefits [10]

you know, I've been in a unique position in my discussions of the tariffs with with clients and and you know, uh, in public as well, just saying I don't think it's nearly as big a deal as everybody's made it out to be. I thought it was a very tactical set of moves that the president made, sort of game theory, classic art of the deal, go in, go big, and then kind of d drive it all back a little bit and get to where you ultimately wanted to be. And I think that's largely been the case.We've had a tactical mov ...

Market Volatility and Tariffs - President Trump's tariff announcements have caused significant market volatility, but some investors see this as an opportunity rather than a deterrent to long-term investment strategies [1][2] - The tariffs, particularly those imposed on China, have raised concerns about potential recession, depending on their duration and impact [2][3] Impact on Businesses - The 90-day pause on tariffs may not provide sufficient time for businesses to adjust to new cost structures, leading to potential challenges for small and medium-sized enterprises [7][8] - Small and medium-sized businesses contribute approximately 44% to America's GDP, and their struggles could significantly impact the overall economy [9][10] Tesla's Position - Tesla is viewed as being in a favorable position due to its 100% US production footprint, making its vehicles relatively cheaper compared to competitors amid tariff changes [11][12] - Despite a nearly 50% drop in Tesla's share price from record highs, the company is expected to benefit in the long term as the market for electric vehicles grows [13][14] - Investor sentiment around Tesla remains optimistic, with expectations that negative market perceptions will eventually dissipate [14][15]