Everyone is worried about Chinese models, but the frontier labs will be fine; we need to enable open U.S. alternatives.

A script for what Mark Zuckerberg should say on Meta's next earnings call.

Anthropic's belief in its own commitment to safety gives the company license to aggressively favor its business and even challenge the U.S. government.

Siri isn't state of the art, but as long as it works — and it appears it does — it's good enough for the consumer market.

Google has issued equity to Berkshire Hathaway in a deal that signals far more demand and a future where capital is the ultimate commodity.

There isn't a financial model that justifies the SpaceX IPO, but data centers in space are plausible, and that might be enough.

Agentic inference is going to be different than the inference we use today, and it will change compute infrastructure because speed won't matter when humans aren't involved.

Amazon looked behind in AI in the training era, but is well place in the inference era, thanks to its continued investment in the long-term.

Tim Cook had an extraordinary run — and impeccable timing, both in terms of when he became CEO, and when he is stepping down.

Does Aggregation Theory survive in a world of constrained compute? Yes, insomuch as controlling demand will give power over supply.

Apple has survived 50 years by being the only company integrating hardware and software; if the company loses because of AI it will be because the point of integration changes.

Agents are fundamentally changing the shape of demand for compute, both in terms of how they work and in terms of who will use them. They're so compelling that I no longer believe we're in a bubble.

Thick clients were the dominant form of device throughout the PC and mobile era; in an AI world, however, thin clients make much more sense.

Microsoft got hammered on Wall Street for capacity allocation decisions that were the right ones: the software that wins will use AI to usurp other software.

If hyperscalers and chip companies don't build up a TSMC competitor they are set to forego billions of dollars in revenue and stunt the AI revolution.

The first live sporting event was broadcast in the Vision Pro, and it's a big disappointment. The experience could be amazing, but Apple actively ruins it.

AI might replace all of the jobs; that's only a problem if you think that humans will care, but if they care, they will create new jobs.

Netflix is driving the Hollywood end game, likely confident it can increase the value of IP, and fend off YouTube.

OpenAI and Nvidia are both under threat from Google; I like OpenAI's chances best, but they need an advertising model to beat Google as an Aggregator.