Mission: Leave people better than I found them | Entrepreneur | Faith ✝️ | Patriot 🇺🇸 | Independent | @PBDsPodcast Home Team | Dad & Husband-best gigs of all!

Ft. Lauderdale, FL
Goood Morning. Want to ask me a question? -Business, startups, leadership life, etc. you can reach me on Minnect - I respond to 💯 of the questions that are asked. PS - Fed up with LinkedIn? I am. Endless in my messages and people don’t respond. Minnect solves that. You CAN reach people you want to reach. Check it out @theminnectapp app.minnect.com/expert/Thoma…
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Please, let this happen!
🔴 Christian Horner s'offre officiellement à la Scuderia Ferrari ! - « J'ai toujours été un simple employé, j'ai passé 21 ans assis au bord de la piste et je n'ai pas besoin de recommencer. À ce stade de ma vie, il n'y a qu'une seule écurie pour laquelle j'accepterais de ne pas détenir de participation au capital ». - « Ferrari est la marque la plus importante de la Formule 1. C’est le rêve. Et on peut dire que c’est le géant endormi de la F1. J’ai l’impression d’avoir encore une danse à danser. Et Toto a besoin qu’on lui ébouriffe ses putains de cheveux ». (formulapassion.it/f1/f1-news…)
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Yep, we did it. 😂
Stay mad we saving businesses
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DeSantis mic drop: 75% of Florida in state college students graduate with $0 debt. UofF is ranked #7 public college in America. Truth. Results.
Florida has the lowest in-state tuition in the nation (by a wide margin): roughly $6300 per year. Florida’s Bright Futures scholarship program makes tuition either completely free or 75% off depending on the scholarship level attained. The result: 75% of in-state students have ZERO debt upon graduation.
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This rate hike is going to be the start of actions that caused a recession. *** Save this post and then drag me with it later*** We do not have inflation in the traditional way that drives inflation. This is supply shock / spike and I think this fed is misreading it because there’s so much political pressure to call it inflation and to push it being Trumps fault. Facts: 1. We have closed refineries in United States, which had created a shortage of refinery capacity, which increased 321 crack spread. No rate hike will rebuild refinery capacity. That would’ve happened this year without the war.. 2. The price of a barrel of oil is responsible for 60% of the increase in the price per gallon of gas. Crack spread is the other 40%. 3. Both of the above cause supply shock or spikes. 4. The jobs report did not show a ton of manufacturing jobs, it showed anticipated seasonal increases in education and hospitality. The numbers below the surface show layoffs at major tech companies, and industry sectors. Not massive but very real numbers. So how the hell can you tell me (if those four facts are correct) we need a rate hike? Sometimes the policy members live deep in a bubble, and they almost need to prove that they’re not beholden to the president as King (the enemies words NOT mine). If Warsh is doing that, even a little bit of it, then he’s making two mistakes: - mis weighing real facts - proving his independence Buckle up. If unchecked, this will cause a recession.
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@grok am I usually correct on Fed rate decisions?
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There are Dems everywhere in Silicon Valley and also leading these companies… if they turn it over to the Dems, it’s a form of appeasement so they can take their trillion dollar companies public. The specific game here is to: 1. get the IPO done and get liquidity to their billions of dollars of investors, 2. with government indemnity like a vaccine company and, 3. cooperation from what they believe is going to be a Democratic FTC and SEC and 4. Regulatory capture on the so-called Guard rails that will “protect the public.”
🚨 WATCH: @PatrickBetDavid SAYS HE CAN’T TRUST THE DEMOCRATIC PARTY TO REGULATE A.I. 🚨 “THEY NEED THE NEXT MASSIVE CRISIS” 🤔
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TOM IS ON THIS PAGE: The historical parallel: 1970s oil-shock inflation. Volcker eventually broke it with 20% rates, but he broke the entire f-ing economy to do it, and even then the underlying supply problem (OPEC!!) had to resolve on its own. The Volcker rate hikes didn’t produce oil. They produced a recession. We are so screwed. I am with @DrJStrategy
The Fed is too tight. The Fed should be cutting but can’t because of the Supply Shock. Fed rate cuts and hikes affect housing, they don’t solve an oil shock! Employment Residential Building Construction: Housing is in a recession 👇
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Scream at me if you want. I am with Karp.
Palantir CEO Alex Karp says people arguing we should pause AI development are not living in reality and de facto saying we should let our enemies win: "If we didn't have adversaries, I would be very in favor of pausing this technology completely, but we do.” Via @cnbc
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Holy crap I agree with Lina Khan…but only 25%. Still, she has a directionally sensible take.
Law enforcers already have authority to charge companies and their CEOs for creating and releasing dangerous, unvetted, or defective products. We shouldn’t let discussions about new legal regimes distract from the fact that there’s no AI exemption from laws already on the books — a point @FTC emphasized repeatedly during my tenure. 1. There is an extensive set of laws that govern dangerous and defective products. For example, releasing unvetted AI models or agents can violate consumer protection laws. Shipping flawed AI tools without implementing adequate measures to detect and stop rogue or defective AI agents can be an “unfair or deceptive” act or practice under the FTC Act (and analogous state laws). And some state AGs are already exploring holding AI firms and their CEOs criminally liable when their models participate in criminal activity. 2. Existing laws also prohibit “unfair methods of competition.” This covers instances where AI firms appropriate the competitively sensitive information of their customers, including through tracking their use of various tools. It can also cover instances where firms pursue dangerous behavior, aware that doing so may compel rivals to do the same. As the Supreme Court has noted: “A method of competition which casts upon one's competitors the burden of the loss of business unless they will descend to a practice which they are under a powerful moral compulsion not to adopt, even though it is not criminal, was thought to involve the kind of unfairness at which the [unfair methods of competition] statute was aimed." 3. The highly concentrated and interconnected structure of these markets could be creating major risks and conflicts of interest. We had started investigating these partnerships and cross-investments across the stack (and released a preliminarily overview of some findings: ftc.gov/news-events/news/pre…). Both federal and state enforcers should be scrutinizing these opaque relationships and inter-dependencies. We are already seeing how these relationships could undermine accountability. For example, OpenAI could face liability given the Hugging Face incident, but Hugging Face being bought up by Nvidia means that we’re unlikely to see it file a lawsuit over this — given Nvidia’s strong incentive to see OpenAI continue full speed ahead. 4. As AI tools dramatically change the landscape of cybersecurity risks and hacks, all businesses should be doubling down on having core security protections in place. Firms that fail to invest in adequate data security measures or fix known vulnerabilities can also be breaking the law. A recent analysis showed that around 1/3 of Fortune 100 companies do not even have a way to notify them about security issues. During my @FTC tenure, we sued firms for poor data security practices and held CEOs liable when they were personally responsible. this.weekinsecurity.com/doze… ftc.gov/news-events/news/pre… 5. As policymakers consider new legal regimes, we should be looking to lessons from prior efforts to govern major sectors, such as banking and other networks, platforms, and utilities. Tools like structural separations, nondiscrimination, and supervision could be key, and there’s a rich history of what works and what doesn’t. But we can and must pursue any new efforts alongside enforcing existing laws.
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Broken entitled man on the left. Future Champion on the right. (On the same team).
20-year-old Kimi Antonelli now has more career wins in F1 than teammate George Russell 🏆
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Exceptional breakdown
Dario has written that we need to “pace the frontier,” and Sam has agreed. People may be surprised by my response: go ahead. You guys are the frontier. By any reasonable metric — market share, revenue growth, model capability — the two of you have a duopoly on frontier intelligence. You’ve also claimed the lead is widening because of recursive self-improvement. I don’t see what you see in the lab. If the unreleased models are scary enough that you think you should slow down, I support your decision to be responsible. But stop pretending you need anyone else’s permission. Stop pretending antitrust law has to be suspended so you can form a cartel. Stop pretending you need a regulatory approval process that supersedes product liability. Stop pretending METR is independent when it is intertwined with Anthropic’s investors and staff. Stop pretending you need those same evaluators to police competitors who aren’t even at the frontier. Most of all, stop pretending the motivation to slow down is purely altruistic. You face massive product-liability exposure if your products enable a truly damaging cyberattack. The market already punishes models that behave in unpredictable or unauthorized ways. After the Hugging Face episode, it is simply good business for OpenAI and Anthropic to trade some raw power for reliability and predictability. Call it alignment if you want. It is also just giving customers what they want. Pacing the frontier would also create breathing room for a more intelligent conversation about regulation than Bernie Sanders’ “shut it all down.” China is very unlikely to join a global agreement, as you know, and that has to be taken into account as well. So go ahead and pace the frontier. You are the ones setting it. The easiest way not to build superintelligence is for you to agree not to build it. Demanding your preferred regulatory framework as the price of that will look like blackmail of the public and the political system. So just do it. If you do, you’ll buy goodwill for the next conversation. If you don’t, we’ll know this was just another bid for regulatory capture — or an election-season psyop.
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Exactly
The Clippers Might Bring Down the Whole NBA "If the Clippers flip and say, Oh really? You're going to do this to us? They're going to indirectly drop stories on three, five, or ten other organizations that have done this with different players." "If this goes through and results in public humiliation like this for the Clippers, you could have a few other teams in the next 6, 12, or 24 months dealing with a similar story."
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One year ago we lost Charlie. How have you changed, stepped up or helped?
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Here is the route to take…
I have a recommendation to help bring some sanity to this whole AI doomerism situation that is appropriately exploding today. If any reporter can get one of the "true believers" to sit for a real interview (if they can't, that is an important tell), they should use a technique known as the "Five Whys" en.wikipedia.org/wiki/Five_w…. The "five" number is arbitrary, but the point is to drill down into the details and steps required to get to the catastrophic end-point. You can't take down all of humanity without a few intermediate steps. Let's talk through each of those. It's quite a useful exercise. It would help us all think more clearly, and possibly the doomerists as well.
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You think? I agree with Vinnie
I guarantee that if Lindsay Clancy had killed 3 illegal alien children while driving because a voice in her head told her to do it, those same liberal women defending her freedom would be demanding her execution.
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Go get her, Matt
Preserve all text messages.
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See my other post?
I’m on Team Ballmer. As much as I wish they circumvented the salary cap, First Steve isn’t that dumb. If he did try to feed KL money, knowing what was at stake for him personally, and his team, do you think he would let the company go bankrupt ? Knowing all creditors would be visible to the world ? They got scammed by Aspiration, along with many others. Crimes for which they pleaded guilty last week. Scammers do scammy things. They did a $300m sponsorship deal with the clippers in 2021. That’s a HUGE deal. The better the team does , the more value the sponsorship has. It actually makes perfect sense that if they stole money from investors and want the clippers to succeed, why not give stolen money to help keep their best player ? It’s sad that @PabloTorre didn’t take the time to find out how these scammers pulled off their scam. The idea that the default is Ballmer is the bad guy is going to back fire on him.
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Wow… The NBA has, incredibly, created an even bigger distraction to move eyes away from the WNBA’s embarrassing summer of incompetence and the fake retirement of its leader: Attack Steve Ballmer for breaking salary cap rules. Really? No one else has done this? For example, does anyone want to REALLY check on the noise around the Golden State Warriors and player access to financing rounds in VC funded unicorns? Is all that perfectly squeaky clean? Are we sure? Not one discount to the prevailing round? Not one side letter with warrants, perhaps? There’s more than one way to compensate a player “on the side.” Remember years and years ago, Eddie DeBartolo and the saga of the San Francisco 49ers? That situation led to exactly this kind of enforcement. But as anyone in enforcement can tell you, creativity usually stays ahead of enforcement because it usually evolves faster than the enforcement methods. Ballmer may have done what the NBA is alleging. BUT 12 years ago Ballmer paid cash to eliminate the Donald Sterling problem (he also got the league an indemnification clause protecting them from any Sterling suits - and those were coming). Since then he has directly helped turbocharge franchise valuations, built a $2 billion arena without a penny of public money, stepped up to help the Sacramento Kings and positioned Seattle to get an NBA team (again). That has generated billions and billions of franchise value escalations for 29 other billionaires. Again, maybe Ballmer did what the NBA is alleging. But they chose to do it THIS WAY and do it NOW? The NBA just delivered a kick in the groin to a guy with steel balls who survived many kicks from the US government WITHOUT WEARING A CUP, and that was a much, much, much bigger, nastier, more capable, opponent. My core question is, why so public and why so harsh? Why not do some of this quietly and protect the league from more drama? It’s not like the NBA doesn’t have experience enforcing a “secret suspension”… such as maybe telling Ballmer he needs to own a MLB team for two seasons. 😉 The NBA can’t handle the WNBA summer drama and they think they can handle this? This is going to be messy because Ballmer is not going down without a fight. His fellow billionaires are not innocent choir boys and several are reportedly nervous about what’s about to happen. As I said, Buckle up.
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