“Any great power that spends more on debt service than on defense will not stay great for very long. True of Habsburg Spain, true of ancien régime France, true of the Ottoman Empire, true of the British Empire, this law is about to be put to the test by the U.S. beginning this

NEWS: Tesla has revealed that in Q2 2024, they recorded one crash for every 6.88 million miles driven in which drivers were using Autopilot technology, their best Q2 number ever. For drivers who were not using Autopilot technology, Tesla recorded one crash for every 1.45 million

“But they aren’t safe…” this is amazing compared to the USA average.

And soon- this year- interest payments will outdo all other categories. Not sustainable.

$47.61 for paper towels and TP at Target today. Absolutely insane example of corporate greed and price gouging. In fact, it made me so angry, I decided to do some analysis. Many prices have increased by 50% or more since COVID, so I decided to put on my investment banking hat

And where would the cost of these battery powered trains be passed onto..? California laws hamstring the entire economy. An interesting analysis of electric train engine mandate. youtube.com/watch?v=fhTs9O…

BREAKING: Kamala Harris has endorsed Biden's 2025 capital gains tax proposal which would raise long-term capital gains tax rates to 44.6%. This would mark the highest long term capital gains tax rate since 1922. The plan has also proposed a 25% tax on unrealized capital gains

The AI landscape is evolving with each passing day. Its dynamic as hell so we went ahead & published the Bessemer Digital Book for the AI Revolution! 📖 “Everything, Everywhere, All AI” AI Roadmaps + Insights + BVPs AI Strategy (*now*) Get your copy👉🏼bvp.com/everything-eve…

This chart of net immigration to the US is mind-blowing.

We are proud to partner with the University of Tennessee's Grow Your Own Teacher Apprenticeship Program! This initiative is tackling the teacher shortage head-on. Thanks to Erin Crisp, EdD & the Tennessee Grow Your Own Center - TN GYO Center team for leading the way. Full announcement here: bit.ly/3XqbMGN

Had not seen a map with data centers as % of power consumption

Agriculture is an industry that is heavily reliant on East coast ports. 2.67 million metric tones of soybeans were imported through these ports in 2023. Also, 1.95 million metric tons of poultry were imported here. Food inflation could rebound again if this strike lasts.

BREAKING: US public debt has jumped $345 billion over the last 3 days hitting another record of $35.7 trillion. Since June 2023, federal debt has surged by a MASSIVE $4 trillion, or 14%. Over the same time period, US GDP is up just $1.5 trillion, or ~6%. In other words, the

Is there any way to get more texts from political campaigns? Really enjoying the 1,000 I get per day now and they are all so helpful and engaging.

Treating Ai as a teammate not a tool—>This Simple Shift will 10x Your AI Creativit... youtu.be/wv779vmyPVY?si… via YouTube

Big congrats to Jacob Mullins Mullins on launching VC Mastermind — a much-needed space for VC GPs to get real insight on building great firms. vcmastermind.com

PRUFROCK: ELON’S TUNNELING MACHINE IS COMING FOR GARY THE SNAIL The Boring Company’s newest invention, Prufrock, is a tunneling robot that “porpoises” — meaning it launches straight from the surface, digs underground, then resurfaces without needing giant pits. It can start

🇸🇦🇺🇸 DAVID SACKS: MCP IS THE NEXT BIG WAVE IN AI "MCP {Model Context Protocol} is a new standard that allows agents to talk to existing SaaS applications or any kind of application, and it's really going to enable this agentic future that I think is the next big wave in AI."

Imagine you had a humanoid robot. You could teach it to do anything. When it recharged, it could upload its learnings (on an anonymized basis) to all the other robots. It could be the most powerful data network effect in history.

Nvidia CEO Jensen Huang just made the boldest prediction of his career: “AI will create more millionaires in 5 years than the internet did in 20.” But he didn’t stop there. He revealed exactly HOW it’ll happen Here’s his framework for capitalizing before it’s too late: ⬇️