Never really got to explain my reasoning for my $SIVB short - but suffice it to say now if you marked their holdings to market their book value would be negative
Art, as a representation of the last thing humans can be better at than machines, will become more valuable than ever before.
Neil Gaiman’s advice to graduating students seems more apt than when he gave the speech originally:
“Life is sometimes hard. Things go wrong, in life
Every time I see stuff like this I just see a status war. People used to gain approval and power from making art, and now they are no longer valuable to others through this method, so there is a huge push to stigmatize the competitor and maintain their old position
Intelligence must draw on memory. The mind must not simply compile data — as an algorithm now does more quickly than we can — but recall lived experiences, which contain depths of meaning that only the human soul can recognize, and connect more deeply with the goodness of these
Promise made. Promise kept.
By tomorrow, 25 million American children will have our gift of $250 in their accounts.
$6.25 billion. Invested in kids. Compounding for decades.
If you have a child under 18, claim their account and see how much is in there now.
$250 is only the