13 Jun 2026
Signal Headquarters

Field Notes · 11 Jun 2026

Best explained

Rebecca Hinds explains 'bot sitting' as the hidden human labor required to make AI usable, including feeding context, correcting errors, and manually bridging disconnected tools.

By the numbers

Nvidia is testing Intel equipment for producing its next-generation Fineman chip set, with production targeted for 2028.

New today — Evidence added

36% of all AI sessions fail, requiring workers to start over or do significant rework, per Glean research.

Rebecca Hinds

New today — Sharp calls

Rebecca Hinds coins the term 'bot bullshit' for employees shipping AI work they cannot explain.

Rebecca Hinds

TRAM allows internal tax experts to move almost two orders of magnitude faster through the process with fewer errors than a fully human approach.

Alex Bowcut

36% of all AI sessions fail, meaning a worker attempts to use the technology and is unsuccessful, requiring them to start over or do significant rework.

Rebecca Hinds

Affirm has never charged a penny of late fees or revolving interest.

Max Levchin

New today — Useful context

The median full-time US worker earns approximately $60,000 per year today, but would earn $120,000 if workers had maintained their same share of GDP since 1975.

Nick Hanauer

The adjusted Warren Buffett metric, total equity market cap minus US federal debt divided by GDP, is now higher than in Q1 2000 and Q4 2021, making it the highest reading in 65 years.

Luke Gromen

New today — Watchlist

Despite four months of Strait of Hormuz closure and roughly 1 billion barrels of crude removed from the market, oil prices have remained below 100 dollars per barrel, defying typical supply-shock expectations.

Matt Smith

A single Manna drone performs 75,000 deliveries over its operational lifetime.

Bobby Healy

CommandCode will be open-sourced, with the announcement planned for the AI Engineering World's Fair in San Francisco.

Ahmad Awais

Tool watch

Goldman Sachs and JP Morgan are exploring compute futures as a financial instrument to hedge data center exposure, signaling Wall Street entry into AI infrastructure markets.

Worth quoting

“Get out of the feedback business. Get in the recommendation, suggestion business.”
Randall Stutman
“Any company who takes that call that we're going to respond to the market is already dead.”
Harshil Mathur
“I don't think the stock market cares about the price of oil. I think it cares about these crisis events.”
Warren Pies
“If every deal is right in a roll-up, we're either not taking enough risk or not moving fast enough.”
Alex Sloane
“My job wasn't to add process. It was to restore social contract.”
Katelin Holloway
“It basically does what Falcon Heavy does for tens of millions of dollars less money.”
Tom Mueller
“It's not the P that's the bubble, it's the E.”
Andy Constan