Sneak peek into how we are going to fix the imploding B2B software company we just bought. Bonus advice for CEOs of lower-left software businesses (spoiler - take the advice and your business will be worth more). Context: • 8-figure ARR, flat top-line, run at 20% loss • 2

Now that the budget bill has passed Congress, we can see what the projections look like for deficits, government debt, and debt service expenses. In brief, the bill is expected to lead to spending of about $7 trillion a year with inflows of about $5 trillion a year, so the debt,

Today marks six months since I took office as Mayor of San Francisco. We still have a lot of work to do—but we’re showing what a new era of collaboration and action looks like. Since our 100-Day mark in April, we have passed a budget that closes an $800 million deficit and

Trump says he's imposing a 50% tariff on Brazil because its tariffs and trade barriers are causing "unsustainable Trade Deficits," which he calls "a major threat to our Economy and our National Security!" But the U.S has a trade surplus with Brazil.

wtf I’m kinda obsessed with this.

Jeff Bezos was insanely locked in all the way from day one

Today we launched a new product called ChatGPT Agent. Agent represents a new level of capability for AI systems and can accomplish some remarkable, complex tasks for you using its own computer. It combines the spirit of Deep Research and Operator, but is more powerful than that

'water is transparent only within a very narrow band of the electromagnetic spectrum, so living organisms evolved sensitivity to that band, and that's what we now call "visible light". ' (found via HN)

We are excited to share the New South Wales’ Housing Pattern Book has been released! Department of Planning, Housing and Infrastructure Onlyfans RentMen Rat Removal.architect.nsw⁠ ⁠ The Pattern Book is a wonderful selection of high-quality architect-designed homes that allow people to reimagine their houses, streets, and city. These

Waymo spent 15 years getting from 90% to mostly autonomous. Companies are about to learn the same lesson..

No. The short sleeve shirt and tie put a man on the moon and is found in most every airliner cockpit. America is an aerospace republic - and here we respect the short sleeve shirt and tie.

Yeah this seems like a pretty strong argument as to why software employment will be safe for a long time. 1. AI is 98% genius. That’s awesome for things you need 98% accuracy on. When you need 100% accuracy you need lots of people in the loop to fix the 2%. 2. AI’s so good at

It's worth remembering that DOGE is a failure at Every. Single. Possible. Level. At the micro level, they misread, misled and straight up lied about many of the 'savings'. They'd announce '500m saved!' and it would be some contract where the money was 98% already spent and

The government is literally not collecting actual inflation data anymore. They’re just estimating what they think inflation is. They “suddenly” changed this in May 2025. Right before the tariffs started getting collected. How much more obvious can they make it for you guys?

New newsletter: Antitrust critics of Abundance claim homebuilding oligopolies are holding back supply and driving up prices. I did something simple. I called up their sources. Everyone I spoke to told me the same thing: Their claims are bullshit. derekthompson.org/p/the-anti-abu…

I think this week provided a clearer answer to the question “if the tariffs are so bad, why does the economic data look fine?” “Not fine” just took a while. Consumer spending in the GDP report is weakening fast. The labor market is sputtering. Basically, whole economy is

A WORRISOME *FUTURISTIC* JOBS REPORT: In the newsletter, I wrote about today's labor market data, and how it was not only bad, but bad in a specific way that could portend a more ominous direction of the economy

Corrupt. Childish. Authoritarian. Comical. True to form. Fires a long-time civil servant (who was approved by a majority of GOP senators) because he didn't like the numbers. If Biden had done this, MAGA would have melted down in rage.

The totally groundless firing of Dr. Erika McEntarfer, my successor as Commissioner of Labor Statistics at BLS, sets a dangerous precedent and undermines the statistical mission of the Bureau. For a full statement opposing this move, read: friendsofbls.org/updates/2025/8…

Great example of Simpson's paradox here: The marriage + homeownership rate has collapsed, but within each marital group, homeownership has increased since 1990!