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Josh Caplan
@joshdcaplan
Building the daily newsletter read by 36,000+ subscribers for all things tech, markets, and freedom.
333 Following    95.6K Followers
.@skupor tells @JTLonsdale on @AmOptimistShow at @uaustinorg that taxpayers spend $2 billion a year on 119 federal HR systems that don't talk to each other. Folding them into one cuts it to $40 million.
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.@realDonaldTrump and @elonmusk clink glasses during Xi Jinping's speech at the state dinner.
.@DavidSacks says if Dario Amodei truly believes frontier AI could end humanity, he has no business running Anthropic. Make it safe, shut the lab down, or step aside.
Bessent: “Look, if some of the Bloomberg Terminal bros are unhappy with what I’m doing, well, that’s too bad.”
Sen. @tedcruz warns against AI regulations that could hand edge to China: "We could have government shut down the AI industry in America, and you know what would happen? China would catch up in six months and soar ahead. We wouldn't have the tools to defend ourselves."
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CBS NEWS: Trump says he doesn't think his proposed $5,000 dividend payments would need to be approved by Congress
.@rabois on the AI doom discourse: "There's a question of whether these people should be building or working there, or forfeiting their equity if they really believe they're doing something that's bad or evil." "In my opinion, the world is getting a little tired of some of this." "We had the gloom and doom about jobs — 'All jobs are going away. There won't be any jobs left for humans.'" "It could still happen, but all the evidence as of today is to the contrary. Every single piece of evidence. You can't find any evidence that AI is creating job loss. If anything, it's creating jobs." "Then they're like, 'Oh my God, the world's going to end.' Ok, well, it's hard to falsify that. With AI and jobs, at least you can falsify it. But this one's a little harder to falsify." "Articulate how the world ends. Because then, at least, we can start trying to falsify the predicates. And prove or try to disprove that there's some risk there." "The burden is on people arguing for regulation or slowing things down to articulate what goes wrong, why, and how, so that people can probe, push back, and try to evaluate that risk." "And I've yet to see a compelling answer to that, that's not just like, 'I know because I was working on it, and it's really dangerous.'"
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CNBC: Ford announces $1 billion investment at Kentucky plant
It’s no secret that I’m bullish on Florida as a federalist project that’s attracting capital and businesses from across the country. It’s an extraordinary place to live and build. West Palm Beach is the epitome of this kind of growth—and Stephen Ross and team are building a truly dynamic city and ecosystem. It’s been an incredible story of growth in America and we’re excited to become a larger part of it. The American Dynamism team at @a16z is excited to open our West Palm Beach office. It's time to Build 🌴🇺🇸🚀
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Forward to community
WSJ: IRAN RESUMED PRODUCING BALLISTIC MISSILES IN UNDERGROUND FACILITIES
Huge get.
Thrilled to announce that Warren Jenson is joining Polymarket as our first CFO. Warren was: - CFO of @amazon, where he worked directly with Bezos and leadership to pioneer the financial framework for modern marketplaces. - CFO of @EA - CFO of @Delta - President and CFO of @nielsen A true legend. We’re grateful to have him and excited to learn from him.
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Small businesses that adopt AI hire more workers
CNBC: Wholesale prices rose 0.4% in August, as expected
U.S. JOBLESS CLAIMS 206,000 IN SEPT. 5 WEEK; EST. 205K
CNBC: European Central Bank hikes interest rates to 2.5% as policymakers see risk of higher inflation, weaker growth
AXIOS: Trump administration plans to send $500 rebate checks to as many as 1 million people who it says were overcharged for their coverage under Obamacare
WATCH LIVE: Joe Lonsdale vs. Joe Allen on the future of AI
AXIOS: Fetterman to praise Trump in bombshell GOP convention video
CNN: ‘Surge in construction’ at suspected Iranian nuclear site, analysts say, as U.S. considers ways to strike deep underground
AXIOS: The Daily Wire to syndicate Clay Travis' new site Sport & State