@noyesclt Signing partnerships with aapl and selling to Google

@GavinSBaker @rpnickson Tons of potential I agree but I don’t think personalization is what people want. They want the shared story

Take two on the link 😭

We’ve also released our first generative AI capabilities, Smart Summaries. Early access here:

Huge news! I’m proud to announce that @AlphaSenseInc has raised $100M from Alphabet’s independent growth fund, @CapitalG AlphaSense Raises $100M Led By Alphabet's CapitalG to Fuel Innovation in AI and Market Intelligence (

@MasaSonCap Seems like you’re describing a nice setup to beat

Basically suggests Eric doesn’t think gpt-4 is hard to replicate. Only a question of where it goes from here Capital investment and return on capital

@dengusa

Eric Schmidt on General LLMs vs. Specialized AI systems

Great point from Jan at $GS on why this won't spiral like GFC - asset values today are partially self correcting.

There’s a headline terrible for crypto literally every day (incl global bank crisis), and every day I see the headline, scroll to check price of btc, and it doesn’t react. I truly don’t get it China bans it, $coin wells notice, can’t get your 💰 out of xyz, nothing matters

Is ChatGPT (plugins?) the next platform change? If so, who are the losers?

@buysidebogey Share gain! Multiple rerate

@buysidebogey Ah didn’t realize that. But regardless, surprised space not showing any life given those comments

Why stock not reacting ??

Ecomm finally hitting those easy comps? Seems like a meaningful + for the space - $pypl taking up ‘23 growth expects MSD H/t DB

So we think global bank deleveraging is good for M2? Ht $MS

So $bac at 3.3x fully marked TBV doesn’t seem so great vs 1.4x 10yr history - why isn’t that the right way to look at these?

It really does seem quite problematic that the velocity of $ is about to go to zero yet Dogecoin and friends are ripping (speculative excess alive and well) What policy mechanism can solve that

Balaji exposing himself seems existential to btc. If it starts going down, people will search for why - finding these threads - and say oh shit, starting a rush for the exit

@paulg Capital cushion vs capital Question is losses / cushion % of capital and can that replaced. Painful but not as drastic as that sounds

Was $schw moving the industry to free trades a low interest rate phenomenon? Potential for bal sheet to structurally shrink w/higher rates - RayJay

This Balaji thing might actually take the cake as the dumbest thing I’ve seen on twitter Someone take his phone away

Remembering how we were supposed to use low multiples on the high bank eps from rates we were excited about. Now can go to trough for the group and use higher mult

My read: - closer to $109 from Fed otherwise should have given point vs range - obv specify insured deposits but am actually surprised insured are stable. Would think outflows incl insured bc why not Big hole: some equity, shrink b.s,, some 4% debt