Joe Weisenthal
@TheStalwart
One half of Bloomberg's Odd Lots Podcast. One quarter of Light Sweet Crude.
7.2K Following 449.7K Followers
Gordon Ramsey’s Kitchen Nightmares is a great show to watch with kids.
Cheers to the weekend!
These coasters came in handy for the office @tracyalloway @TheStalwart
As we discussed, Joe, earlier this month on Odd Lots, it’s getting increasingly difficult to build all these data centres at the same time… there just isn’t the depth in the supply chain.
This is a very good and clear writeup on datacenter finance. Can someone explain to me in an EMH-compatible way why it’s worth $META paying *more* in interest just in order to nominally remain an “asset-light” business?
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New BPEA paper by @SVNieuwerburgh argues that AI buildout will cost $10.3T over next 8 years. Furthermore, to get a 10% return on this, those investing will need annual revenues of $3.7T by 2032! (Approx 9% of GDP!)
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New BPEA paper by @SVNieuwerburgh argues that AI buildout will cost $10.3T over next 8 years. Furthermore, to get a 10% return on this, those investing will need annual revenues of $3.7T by 2032! (Approx 9% of GDP!)
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For Hollywood, business has been declining since the pandemic. Fewer shoots are taking place in Los Angeles while movie productions are happening elsewhere in the world.
On this episode of the Odd Lots podcast, @hayesdavenport joins @tracyalloway and @TheStalwart at a live recording at the Vermont Hollywood theater to unpack why productions are taking place outside of the historic heart of the American film industry. Listen at or watch at
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@TheStalwart That being said, my friend at Boeing has said that retirements of people with deep manufacturing knowledge has been an issue for them and they've had to bring back retirees to help them operate their machinery
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@TheStalwart @ezraklein “Just don’t release unsafe products.”
The labs:
@TheStalwart Per Grok there's a slight aging but not a dramatic shift
The energy transition is generally justified and analyzed through the lens of climate change but in the long run it may be seen as bringing about the rapid acceleration of techno-capital development by creating a new and highly scalable energy base.
The cool thing about (1/n)
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No property tax revenue from that data center.
Interesting chart in this recent month's Kansas City Fed's Manufacturing survey. Would love to have a timeseries on this question.
@TheStalwart @ezraklein Even clearer:
Reading Eurasia Groups summary of Xi's state visit.
Imagine telling someone in 2017 or 2018 that Trump would be the most China-dovish President we'd see for the rest of our lives.
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Google launching a datacenter into space next week
yeah good takeaway. @TheZvi in his writeup wondered whether Jensen thinks AI itself exists.
the core disagreement in the pod is essentially that Jensen is not AGI-pilled and Ezra is. Jensen thinks it will be a world-changing technology but insists that humans will always understand every level of it, which to people in the AI labs is a total contradiction
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Always great catching up with Steve! I don't know if i'm fully convinced, but he has a good theory for why Grok will end up being the most advanced model
Good episode. Nothing he says makes any sense or satisfies even the most minimal standards of consistency but there's something magnetic about his optimism and Trumpian levels of self-belief.
@TheStalwart @ezraklein For instance, OxyContin. Purdue pharma did not follow the "just don't release unsafe products" protocol at all, leading to an estimated hundreds of thousands of deahts.
I thought Jensen Huang made plenty of good points with @ezraklein. To me the weakest is the "Just don't release unsafe products" thinking here, since companies have a long history of doing that, with far less powerful technologies and also what about unreleased models?
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