Ryan Detrick's framework for when the AI trade is over: watch for a sustained 6-month rotation where tech goes flat while healthcare, financials, and communication services outperform.

An AI marketing agent was estimated to replace roughly 60% of the basic functional output of a VP of Marketing role.

Trajectory.ai reduced model onboarding time from 3 months on the first Harvey engagement to under 1 month, and then down to approximately 1 week for subsequent customers.

Micron executives forecast the memory market will be undersupplied for at least the next year, with gross margins expanding to 86% in Q4.

Lowering the price of frontier AI models causes consumption to increase far more than expected, demonstrating Jevons paradox.

Anthropic accused Alibaba of accessing Claude models nearly 29 million times via a network of 25,000 fraudulent accounts, which Anthropic calls the largest distillation attack ever detected.

Rory O'Driscoll on the fragility of startup moats in the LLM era.

Over the last 27 days, the S&P 493 (equal-weight ex-Magnificent 7) has outperformed the Magnificent 7 by 18%, the largest such spread since 2018.

Benchmark scores can be artificially inflated by scaffolding multiple model runs together, making cross-model comparisons misleading.

Coca leaf is scheduled alongside fentanyl and heroin in the UN system, placing a plant with 8,000 years of traditional use in the same danger tier as synthetic opioids.

Lowering the price of frontier AI models causes consumption to increase far more than expected, demonstrating Jevons paradox.

Kevin Warsh reduced Fed statement length by 130 words.

Kirkland & Ellis's $500M AI investment is a reallocation of less than 1% of revenue and will go unnoticed.

Total software spend growth accelerated from 12.8% last year to 15% this year.

OPSD is a training technique being discussed as a replacement or complement to RLVR, notable for not requiring a verifiable outer-loop reward signal and potentially enabling personalized model updates.

“You're spending a trillion dollars a year and the revenue on AI talk about maybe 70 80 billion.”

“If you live in a state where there is an arbitrary power who can have you put to death, you are a slave.”

“We believe it would be good for the world to have the option to slow or temporarily pause frontier AI development.”

“You cannot sell Bitcoin. If you are selling Bitcoin, the whole system breaks.”

“40 to 41% of employees saying they ship AI work that they couldn't explain if asked. This is bot f***.”

“The moon's gravity on Earth is the same no matter what the phase of the moon is.”