Investing @dragonfly Vos debes periculum pro buccellatum

New York, NY
Joined January 2011
Tom Schmidt >|< retweeted
[ ZOOMER ] LIGHTER TO APPLY FOR A US LICENSE NEXT MONTH, SAY THEY WILL INTEGRATE INTO ROBINHOOD'S US OFFERING ONCE APPROVED: INVESTOR CALL
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Tom Schmidt >|< retweeted
OK, here you guys go today I cover - the new $100 Bose headphones - scaring the hoes - crab rangoons You can also ask me a question anonymously, which I might answer tomorrow on the site or on Twitter today poorlyexplainingthings.com/
I’m kind of sick of posting my opinions here so I think I’m gonna create a personal newsletter just for me to read every day. get my ideas out
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1) take the chinese model 2) de-sinofy it into a new model with moonshine 3) ?? 4) profit verifiable-distillation-2539…
The Department of Homeland Security is requiring all civilian federal agencies to remove DeepSeek products and 'any third-party services developed using DeepSeek implementations,' and to stop buying them.
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University of Chicago Students to Protest at Chicago Mercantile Exchange, Demand End to Federal Ban on Onion Futures Student-led group For Our Futures will rally Monday morning to call for repeal of the 1958 Onion Futures Act On Monday, October 19, at 8:30 a.m., members of For Our Futures, a student-led organization from @UChicago, will gather outside the Chicago Mercantile Exchange (@CMEGroup) headquarters to demand the repeal of the Onion Futures Act of 1958, a nearly 70-year-old federal law prohibiting futures trading in onions. The Onion Futures Act, enacted following allegations of market manipulation in the 1950s, singled out onions for a prohibition on futures contracts that remains in effect today. For Our Futures is calling on Congress to repeal the ban and restore the ability of onion growers, buyers, and traders to participate in a regulated futures market. Onions remain the only commodity banned from futures trading in the United States. The protest will feature a giant inflatable onion costume, protest signs, and dozens of students, and will take place outside the headquarters of CME Group, one of the world's largest derivatives marketplaces and the historic center of American onion futures trading. DM for details cc: @pointsnfigures1 @CharlesFLehman @matt_levine @nbcchicago @ABC7Chicago @cbsnewschicago @WGNNews @fox32news @WBEZ @Suntimes @BlockClubCHI @chalkbeatCHI @SeanCasten @mansourtarek_
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insanely hard license plate
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i was too generous
Replying to @antoniogm
headline in one year: "our investigative team found that we were able to create hypertargeted ads on openai by uploading custom audiences of just a single user's email"
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*ANTHROPIC INVESTORS WEIGH LOWER IPO VALUATION OF ~$1.5T VS EARLIER $2T: SOURCES *SOME ANTHROPIC INVESTORS DISAPPOINTED BY SEQUENTIAL GROWTH DECELERATION: SOURCES
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i may have been early, but lighter.xyz btw
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good timeline
1/ muse spark open is the most capable US open-weight model to date. 816B total params, 42B active. 1M-token context. natively multimodal. built for coding and agentic work like long-horizon tasks, hard software engineering, multi-step reasoning. america! 🇺🇲
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kamala harris will mark our ai agent oauth clients as agentic to keep our google workspace apps safe
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Tom Schmidt >|< retweeted
Supply chain attacks are getting more sophisticated. Plus espionage at OpenAI, 1000x leverage on Papertrade, and the death of moats. Timestamps 00:00 Intro 00:37 TOKEN2049: zero Lambos + nightclub index 09:18 Ledger supply chain hack 21:46 OpenAI employee with a listening device 24:58 Choke points built for a high-trust society 29:03 Papertrade: 1000x leverage + tokens by losing 37:42 Are technical moats dead? 45:35 Which moats AI actually killed 51:37 The incumbents have AI too 54:56 Why AI can't write an investment memo 🔥Stay updated with all the latest hot takes by following and subscribing to @_ChoppingBlock and @unchained_pod! 🎥 YouTube: youtu.be/QIsBwmijDUA 🎧 Spotify: bit.ly/3wiIOyy 🍎 Apple: bit.ly/3w9HQ7J 🎙 Podcast Home: choppingblock.xyz
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"crashing this economy ... with no survivors!!!"
“well, congratulations, you got yourself china shocked! what’s the next step in your master plan?”
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🇹🇷🇹🇷🇹🇷🐺🐺🐺
Crypto Billionaire Richard Heart arrested this morning in Istanbul Turkey
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just saw a new kind of captcha this morning. at first glance, seems to trip up gpt-6, but otoh, it's kind of right? (upper left looks like a gpu with cooling fan)
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he said the animatronic singing bird isn't for sale!!
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do we think meta is still spending $10b / year on ant?
introducing muse wonder our new frontier model. state-of-the-art at personal agents and professional agents. our largest and most capable model yet—rivals the big bois
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Tom Schmidt >|< retweeted
I should probably also mention, @dragonfly is investing in @typesafeai's latest round! :) My quick thesis on decision models, since I've been having a lot of conversations about this lately: LLMs are amazing because they are fully general. You can use them for pretty much anything. But they are slow, expensive, and too unreliable to embed in software at runtime. Unless your product is literally chat, real-time LLM calls are unworkable for the majority of use cases. (Especially in finance!) Decision models change that. To abuse an analogy, they are the ASICs of LLMs. They give up the generality of an LLM, but in exchange for constraining your outputs, you get MASSIVE gains in cost-efficiency, throughput, and latency. In the early days of the AI boom, people understandably tried to shove LLMs into everything. But like with ASICs, you will eventually constrain your problem enough to burn it into the machine. Once your problem is an if-else, a buy or sell, a label, a choice, or a well-defined state machine like an onchain smart contract, a decision model will clobber the LLM on cost, speed, and reliability. Most systems are not language-in, language-out. Going forward, LLMs will write our code (since coding is high-dimensional and general), but that code will embed decision models to make runtime software intelligent and capable. That's the bet we're making with Typesafe. They identified this path and proved that it works. 25%+ of the Fortune 500 is already using Jev, and it launched less than a month ago. Of course, there are murmurings on the timeline that decision models are easy to copy. OpenAI, Microsoft, Amazon, and Cloudflare have all launched decision models in the weeks since Jev launched, realizing that this is going to be an enormous market and they don't want to lose it. To be sure, anyone can lop off the last layer of Qwen, fine-tune it to create a classifier, and copy the Typesafe SDK's API. But there's a lot more that goes into a world-class decision model, and there's a reason why Jev is still cheaper, faster, and more general than these other alternatives. (Decision model benchmarking started all of 10 minutes ago, but if you ask devs who've tried them, they'll tell you Jev is far and away the best right now.) There's no guarantee that lead lasts forever though. Decision models are too big of a market to be able to coast into a monopoly. From here, the onus is on them. They have to keep training better models ($$ helps), ship great products, serve their models better, faster, and cheaper than anyone else (many more tricks there), and win developers with their community-first philosophy. But they've been at this for years and have a lot up their sleeves (they were expecting a bevy of copycats if Jev took off). Diogo knows from his years at OpenAI how to sustain a research advantage. And as with all startups, focus is how you beat the incumbents. Super bullish on this team. And if you're a dev and you haven't tried Jev yet, get on it.
Huge congrats to @CompleteSkeptic and the @typesafeai team! I was an angel investor in the seed round, and I remember when they were trying to raise their Series A--almost every investor passed because they didn't get it, "the team is too eccentric," and "non-LLM approaches are a dead end." After the launch of Jev, every investor in the world was beating down their door. Typesafe is living proof that great ideas are still out there, and all it takes is the persistence and inspiration to bring them to to life. Upward and onward 👏
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Tom Schmidt >|< retweeted
FULL CONVERSATION: Tom Schmidt on Proof-of-Verifiable Work & The Pearl Bull Thesis @tomhschmidt @dragonfly @therollupco pearl-2:native
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Tom Schmidt >|< retweeted
Pearl is a proof-of-work network built for the AI era. Large US Bitcoin miners are switching their machines to AI inference. Pearl wants miners to stop having to choose. Tom Schmidt explains how: "Most of the large US based bitcoin miners are switching over to doing AI inference." "You can still do the matrix multiplication that underlies any sort of transformer based LLM." "You also have a sort of Bitcoin style proof of work system. You get it for free." @tomhschmidt @dragonfly
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hold up. is that ... ?
JUST IN: British man who set out to walk around the entire world in 1998 finally returns home after 28 years, covering over 31,000 miles across 29 countries without transportation.
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