David Friedberg: The greatest lie of the 20th century was putting all your net worth in your home. "When you do that, then the only way to keep Americans wealthy and to keep the middle class stable is to keep the price of homes going up, because that’s the only asset."

Jensen: "It is made up that there's going to be a singularity. It's made up that we're living in a simulation. These are all made ups."

Jensen on the Kimi selloff: "Free AI should be great for hardware. Free AI should be great for chips. Free AI should be great for data centers. The market just got it wrong. They got it wrong with DeepSeek, this is exactly the same thing."

Asked when the AI bubble will pop, Jensen says: "The bubble will come someday. It's just not today. It's very unlikely in the next five years." Then explains why physical constraints on building actually protect against overinvestment.

Jensen on OpenAI & Anthropic: "These two companies will be the most successful IPOs in human history. How is it possible that two companies that are only a few years old are worth $1 trillion?"

Jensen Huang: "The fact that AI is going to be the end of humanity, it's complete nonsense. The fact that it's going to destroy half of American jobs, complete nonsense. All of the evidence points exactly to the opposite."

David Friedberg: AI job-theft narrative is "bullshit." "I don't say it's bullshit to dismiss people's anxiety. I say it's bullshit to be truthful about the facts... Since 1963, mathematician, statistician, and accounting jobs all went up."

Travis Kalanick on the surprising hurdles of physical automation: "The hardest thing we do on food is actually put a bowl in a paper bag. Paper bags are not as standardized as you think... it's hard."

The Japanese Yen just hit its weakest level against the dollar in 40 years.

Tucker Carlson name-drops $GME in his latest "Energy Crisis" video, citing it as an example of stock market manipulation.

Kimi K3 just discovered a 0day in the latest Redis server and exploited it in 27 minutes using 32 agents. Then it found a zero-click arbitrary command execution in Telegram Desktop and iOS. AI models are now autonomously finding and exploiting vulnerabilities in critical infrastructure faster than human security teams can patch them.

You can't have capitalism when the money is corrupted. We don't live in a truly capitalist society when money, the most important tool for coordinating capitalistic activity, is centrally managed. The price of credit is a policy variable, the federal government borrows trillions without an immediate market test, and systemically connected firms expect rescue when their bets go bad. Your local contractor can't summon the Federal Reserve when a project fails. But Treasury, banks, and the largest financial institutions operate under completely different expectations. Once everyone knows the backstop exists, behavior changes before a rescue ever arrives. Politicians spend more because the cost is hidden in another debt auction. Banks take more risk because a big enough failure becomes a public problem. Asset owners benefit first when new liquidity hits financial markets. Wage earners and savers meet the consequences later through inflation, higher asset prices, and the erosion of purchasing power. Gen Z inherited this system. They didn't grow up watching losses clear and bad firms disappear. They grew up watching asset prices levitate after each crisis while the cost of basic life moved further out of reach. Then we told them capitalism was responsible. They were given socialism-light, told it was capitalism, and asked to defend it. The answer is to restore the constraint that makes capitalism honest: bad investments must fail, and no institution can possess a permanent claim on someone else's purchasing power. Bitcoin is money the state cannot issue and collateral the central bank cannot dilute. Don't wait for Washington to restore capitalism. Exit the politically managed credit system one balance sheet decision at a time.

"The US has structural fiscal deficits locked in by demographics and political polarization. The Fed has limited tools here. The reason hawkish monetary policy worked in the 70s is because debt to GDP was 35%. Now it's over 100%." - @Lyn Alden

"My estimate is that we're in the bottom decile of the market cycle. The AI trade has sucked a lot of the oxygen out of the room for many other assets, including likely Bitcoin." - @Lyn Alden

Bloomberg Intelligence gives the CLARITY Act a 60% chance of passing, calling it “at the one-yard line” after positive comments from Treasury Secretary Scott Bessent.

"Capital gains tax should be 40%, not 15%. Labor should pay less. Capital should pay more. That would be a fair tax policy." - david friedberg

"The key metric for America should be to convert 2% of Americans from labor to capital each year. If that would be the KPI for the next 250 years, we would crush it." - david friedberg

"If you had put all the extra money in Social Security since 1982 into the S&P 500, the trust fund would have an extra $37 trillion today." david friedberg on the policy failure that left the bottom 50% behind.

"Foreign adversaries, Marxists, national security hawks, effective altruists, and frontier labs angling for regulatory capture. All rowing in the same direction on restricting AI. I don't even think they're working together." - Conner Brown