October 23 2026 AI Bubble? Ken Griffin from Citadel says yes 1% of companies are responsible for 90% of AI spending Basically startups spending VC money on AI So its almost circular - VCs give money to startups, that spend on AI But this just needs to get diffused into the rest of the economy like AWS did in the past Ramp gave Chamath some cool data You might almost say this push on GPU compute models is traced back to Alex Karp talking about data sovereignty on CNBC Cyber Panic PHP problem White Hat can always win because they have more compute? France riots Riots and burning 143 year old city hall building burned down among many issues Investors dumping French debt Maybe US treasuries being bought more as a result? These are domestic terrorists - not folks who are suffering Seems the immigrants who came in are expecting the government to provide for them France is spending more than peak Communist countries The more the go...
October 21 2026 (from Gemini) Arvind Krishna (Chairman & CEO of IBM) and Nikesh Arora (Chairman & CEO of Palo Alto Networks) The Quantum Threat & Post-Quantum Cryptography: Referencing DARPA’s Quantum Benchmarking Initiative (QBI)—which has narrowed a field of hundreds of companies down to roughly 13 serious contenders—Krishna estimates a 2030 midpoint for when working quantum computers will break today's standard cryptography. He outlines two critical milestones to watch: first, real-world quantum error correction on a running machine (expected around 2027), which reduces noisy physical qubits into effective "logical qubits" (e.g., 10,000 physical qubits yielding ~200 logical qubits); second, scaling gate computations by an order of magnitude each year from 10,000 today to 10 million by 2029. Because bad actors can steal encrypted hard drives today and wait five years to decrypt them ("harvest now, decrypt later"), and enterprises cannot repl...