Planchet, my Grok Bot is promoted to fully-fledged team member. He has access to all our thinking (research, emails, models, slack, industry data), he is incredibly resourceful - a mesmerizing get-it-done attitude, ultra-fast, receptive with feedback. It is mind-blowing.
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10x safer to not-drive FSD than to drive a non-Tesla. What are you waiting for, Europe? Save lives!
I am completely sold on Grok Bot. It is awesome.
Just saw Tesla’s Cybercab testing in Manhattan. Operator at the wheel, gold two-seater slicing through Midtown. Felt like I time-skipped.
Who knows a business growing 70% below 10x EPS? Nvidia guided FY28 up 70% i.e. 15% sequential growth until 4FQ28, i.e. 1FQ29 at $ 1tn revenue run rate, $25 EPS. The stock is trading just above $200. $NVDA
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I love the smell of DRAM in the morning.
Nvidia hiked prices by 20% & guided down GMs by 2.5pts. Means HBM price up 50%; pass-through GMs >50%.
Implications 1) 2027 revenue expectations for memory are way too low; 2) Nvidia's pricing power is alive and kicking.
$NVDA $MU
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The worst of this: By providing a dole, the state cuts us from our responsibility to care for the poor. In a perfect world, it shouldn’t be the state’s role to help the ones in need. It should be ours.
The more welfare the less we care about the poor.
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Rome handed out free grain to 40,000 citizens in 73 BC. By 46 BC, Julius Caesar found 320,000 people lining up for their monthly ration. That eight-fold expansion happened in under three decades, and it shows you how welfare states actually grow.
No Roman senator stood up and announced a plan to addict a third of the city to government bread. It happened incrementally, through political competition. Each magistrate who wanted votes expanded eligibility. Each expansion normalized the next one. The citizen who once considered the dole shameful eventually expected it, then demanded it, then organized politically to protect it.
This is the core mechanism free market thinkers have identified across every era: once you create a transfer program, you create a constituency for that program. Recipients vote. Administrators build careers. Grain merchants who supply the state develop a stake in keeping the contracts flowing. The political economy locks in.
Caesar, to his credit, actually cut the rolls back to 150,000 through verification audits. It was one of his more economically coherent moves, though the Senate still murdered him. His successors quietly let the numbers climb again.
What did the dole require? Massive grain imports from Sicily, Sardinia, and Egypt, organized through state logistics at state expense, funded by taxation and conquest. When the conquest revenue dried up, the obligation remained. Rome had written a check against future military success, and future military success eventually failed to arrive.
The lesson is not complicated. Distribute a benefit and you distribute dependency. Distribute dependency and you distribute political power to whoever controls the distribution. The grain dole didn't weaken Rome overnight, but it made every subsequent reform politically impossible.
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Middle ground on voter ID is to require it, while offering legit voters to have a form of identification, driving license or other, expedited, for free, and conveniently, asap, and in time for November. All resisting that would flag themselves as a fraud facilitators
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As I suspect many datacenter haters are also Elon Musk haters, maybe tell them no datacenters on earth will benefit spaceX. Could be an offramp for them?
Time to build cathedrals.
I remember one of my LSU professors mocking the medieval idea that the peasants could learn from cathedrals.
I can’t imagine a better place for university students to spend a week.
Art, History, Mathematics, Scripture, Architecture.
It’s ALL there. The ancients were right.
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Just went over latest fusion initiatives. Cool stuff, but I don't believe any will ever beat solar panels in space. Fusion is sitting right next to us in infinite quantity, ripe for harvest. My prediction: First TW of space solar deployed before first net GW of fusion.
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Time to build cathedrals
This is the future humanity is going to experience, the colonization of Mars.
There will be a first 100 colonists. Then robotic constructor robots. Digging habitats, purifying water, refining materials, doming cities, seeding lichen.
There will be environmental protests against terraforming, they'll get overwhelmed by economic interests. Booming corporate mining towns and independent free cities connected by high speed vacuum tube rail. Advanced gene therapies achieving longevity escape velocity.
It's crazy but it's all going to happen, its now inevitable. The greatest infrastructure buildout in history will compete to industrialize the high frontier of space and enable a genuine Martian colonization program. And it will occur at the same time as humanity masters its own biology.
There are people alive today who will live to see a breathable atmosphere on Mars.
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I am in this group, and a massive decade-long Delta traveler.
BREAKING: Delta customers are now admitting that they’re booking flights with other airlines specifically for
@Starlink
Many Delta customers are complaining on 𝕏 and tagging the airline’s account, saying that Delta’s Wi-Fi is slow, unreliable, or sometimes doesn’t work at all.
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Busy tech research team in London this morning!
Elon is awesome. I keep having these conversations in Europe these days. Nice people, full of certainties, who realize, when faced with simple common sense, that their views have absolutely no grounding.
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Elon, question for you: on the picture below AI sat mini seems to have 3-400kw of solar panels for 100kw of compute. PUE of 1.2, 35% panel decay over the lifetime of the bird barely get me to 200kw. What am I missing?
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