All the crap you never needed

March 6 2026 Emil Michael - Under Secretary of War Operational axe/Fixer/Rainmaker for Travis Kalanick at Uber Chamath having fun on Twitter Iran War US and Israel attacked Saturday Trump claims this is to nerf Iran’s ability to develop ICBMs Iran is a prodigious drone maker This likely is to hit Iran and China’s relationship China is currently projecting its lowest growth in 30 years With rising unemployment (youth especially), lower growth, higher population, they are in trouble China energy mix This could hem in China at an opportune moment to get a Grand Bargain with China Rules of Engagement have changed - they were punishing and needed to have a legal understanding - those things have changed now Drones are increasingly important in warfare, security, surveillance, golden dome He told Anthropic that if you don’t let US use the models, it will just hurt us because anyway their model is being stolen by the Chinese Jason claims he’s a moder...

March 3 2026 Ray Dalio 3rd time back Had made some good input on last appearance just when Trump was getting inaugurated Deficit was hoped to be reined in to 3% but now its 6% (deficit to gdp) Backdrop - sadly too much war and irreconciliable differences between both parties Foreign buyers will be hesitant then Dollar denominated debt is already a large percentage of their portfolio Geopolitical risks also there - debtor and creditor could have conflict (US/China, US/Europe even?) These kinds of cycles have happened repeatedly through history Structurally a little difficult to do DOGE kind of efforts at this stage Gold Not some precious metal that people speculate on - its the second largest currency that central banks choose to keep Distinguish wealth from money Wealth you can’t spend (buildings, etc) You have to sell it to spend Money you can spend Gold could be considered to now have reached a fair value vs being undervalued earlier Countries and people shoul...

February 27 2026 Chamath launched his own YouTube channel Claude’s hit list 3 for 3 in tanking different market sectors in February Feb 3 - Legal plugin for Claude Cowork Thomson Reuters, Legalzoom etc down Feb 20 - Claude Code Security CrowdStrike, etc down Feb 23 - Claude announces COBOL modernizing IBM down Some of this is smart finance players changing positions likely Markets are in “if” mindset vs “when” mindset - can AI models disrupt the market? So when you don’t know how to price it, you want a massive margin of safety PEs go down, Revenue multiples go down Viral Citrini AI report also might have had an effect Were there any shorters who had something to do with the article? Derek Thompson response about AI narratives being science fiction ideas is a good one Natural for market to react like this given uncertainty in future vs how reliable SaaS used to be Is there really enough consumptive capacity on the other side of AI doing eve...

February 13 2026 AI updates New study shows workers using AI work harder but burn out more Moving from task based jobs to purpose based jobs Matt Shumer article went viral - Something Big is Happening Early adopter employees will excel and replace existing tools/stacks bottom up Jason tweet to learn OpenClaw went viral Is On Prem the new Cloud? Seems this might be the best way for companies to protect themselves What about employees uploading information to the public LLMs? Even if they get caught isn’t it too late? We thought the models would improve recursively - but it seems the output is recursive Jason’s replicant infrastructure is quite sophisticated - using Opus 4.6 to orchestrate to all the Kimi agents hosted on Mac minis locally Creating central Ultron to do lot of the company’s work AWS Bedrock could be too expensive When do tokens outpace salary? Prediction Markets A billion bets on Kalshi, 700M on Polymarket, etc - hit a big high during SuperBowl ...

February 10 2026 (from NotebookLM) Early Life and Immigration CZ’s father was a professor in China who went to Canada as a visiting scholar in 1984; the family began applying for passports around 1985, a process that took several years. The family emigrated to Vancouver, Canada, in 1989, shortly after the Tiananmen Square protests; obtaining visas actually became easier post-protest. Upon arriving in Vancouver, the family lived on the UBC campus in faculty housing; CZ’s father received a small stipend, and his mother, formerly a math and history teacher, worked in a sewing factory. CZ began working at McDonald’s at age 14 to earn income, where he was paid $4.50 an hour. He describes himself as a decent coder but not a "wizard"; he had a happy adolescence with a mix of Asian and Caucasian friends. Education and Early Career CZ attended McGill University to study biology (on advice to become a doctor) but switched to Computer Science after one semester. He worked ev...

February 6 2026 Brad Gerstner joins the show Sacks enjoying Texas Easier to fix his internet in Texas than the state of California Ohalo named after seminal archaeological site Potatoes are 3rd biggest source of calories Craft Ventures is on the cap table If Jason gives personal check Friedberg will let him into the cap table But then his LPs will ask him why its not in the fund Epstein files Jason Is in the files Met Epstein at billionaires dinner Went to his house Never went to the island Exchanged some emails with him and made introductions Met Ghislaine Maxwell Jason was known as the Connector (see New Yorker profile) so he came on his radar Didn’t spend much time with him Interesting that Epstein was interested in meeting the BitCoin guys (as far back as in 2011) NY Times article on the files goes after tech Jason, Peter Thiel, Elon got more coverage in the article Reid Hoffman didn’t get as much coverage Bigger story is how he died - how come tha...