$MSFT - MICROSOFT OFFERS BUYOUTS TO 60,000 WORKERS AMID AI SPENDING BOOM Microsoft is offering voluntary buyouts to approximately 60,000 employees as it restructures its workforce and redirects spending toward AI. Key details: 🔸 60,000 workers eligible across the US, Canada, India, and UK. 🔸 223,000 employees globally as of June. 🔸 Data center teams are among those excluded from the offer. 🔸 Eligible employees will receive severance-style benefits. The key takeaway: Microsoft is tightening labor costs while protecting critical AI infrastructure investments, highlighting how AI spending is reshaping Big Tech employment.

some here be like

Edge is comprised of: a) information arbitrage (faster and more accurate Bayesian updating and/or accessing mispriced bets the marginal participant doesn't have access to) and b) risk warehousing (taking on variance other people don't want to experience)

We’re committing a portion of Anthropic’s shares to the Anthropic Public Benefit Fund, a new wholly owned entity dedicated entirely to the public benefit. It will start off with 5% of our shares. For every 50% increase in the company’s value over a set baseline, we can contribute up to an extra 2%, subject to our board’s discretion. In total, this means that roughly 20% of Anthropic’s shares are committed to the public good. Our co-founders have already pledged to donate 80% of their equity, and around half our employees are donating a portion of their equity as part of a donation matching program we’ve run since our founding. In the post below, we share more details about our new fund. anthropic.com/news/public-be…

This is a slide from Terence Tao's 'Math 2.0' public lecture yesterday evening at Caltech. I am highly confident that, if the cure actually worked, almost any Stage 4 cancer patient would tell you that human comprehension of its mechanism is completely irrelevant to them.

Warren Buffett has enough money to build armies, topple regimes, patronize world-changing artists… instead he just sits on his cash, watches the Line Go Up He still drives a shitbox car, eats fast food slop every day, even denies his pregnant daughter a loan He has achieved Total Boomer Zen

Look at him, thats my Qual. Your what? My Qualitative! My vibe specialist. Look at him, you notice anything different about him? Look at his face. I'll give you a hint, his name is Jayden. He won a local poetry competition in bushwick! Yeah I'm sure of the vibe.

There is a book called 17 Equations That Changed the World. Pythagoras, Newton, Maxwell, Schrödinger, Navier–Stokes, thermodynamics, Black–Scholes. These equations sit quietly behind GPS, wireless communication, aviation, weather forecasting, MRI and modern finance. It took us millennia to get here. Now imagine the pace of mathematical discovery accelerating by orders of magnitude, and that acceleration spilling into physics, chemistry, biology and engineering. Is Mars really that far anymore? How far are we from cryptographically relevant quantum computers? Fusion? Designing drugs and materials almost entirely in silico? It is hard to overstate how much real-world progress could be compressed into the next couple of decades if reasoning itself starts compounding.

from an earlier post: "if I was 18-21 I would consider picking a specific person -- like, you are dead set on working for this one analyst/sector -- and just going after it aggressively...saying, basically: "I want to work for you, pay me dogshit, I want 2 years mentorship, and I will work my ass off and shut the fuck up." a lot of people are going to respond favorably to that....I see guys my age, 40, executing on that with a guy thats 60 and at 20 thats all anyone wants u got two roles: SDSU, DFIU. sit down, shut up, dont fuck it up when u do fuck up - and u will - do not ever make the same mistake twice if you execute on that, you will prob glidepath to age 30+ without much problem, and get everything u want out of life." -- only thing I'd add (which I've said numerous times in DM replies) is basically: if you can afford it, offer to work for nothing. turns out, that same path ended up working out prettty well for this guy...

this is gold

My portfolio is one big bet on man's inability to change

‼️#ATENCIÓN| En Napo, una gigantesca Anaconda de 4 metros fue captada en la amazonía ecuatoriana, causando asombro entre habitantes y turistas del sector.

“When art critics get together they talk about Form and Structure and Meaning. When artists get together they talk about where you can buy cheap turpentine.” ― Pablo Picasso

Crazy how much better your life gets when you just ask yourself “What Would Peter Thiel Do” everytime you make a decision

🚨wtf. OpenAI says its new internal model it began training just 24 days ago has already resolved more than 100 long-standing open problems across most areas of mathematics. The pace has surprised even OpenAI's own mathematicians. An independent group including Edward Witten, Timothy Gowers and Martin Hairer is now helping assess the results and coordinate how they are released.

The lone Black juror on the Lindsay Clancy trial who refused to acquit her used an exercise band and an empty water bottle to visually reenact the way Clancy strangled her three children. The incident was said to have disturbed the other 11 jurors. He was also said to have ignored the other jurors and scrolled on his phone while they attempted to speak with him or dissuade him from his decision. A male juror who voted to acquit Clancy, Nick Dargie, complained to ABC that “there wasn’t a single piece of evidence or witness testimony that he used to prove why he was thinking the way he was.” Due to the lone Black juror’s heroic refusal to bow to pressure from the other 11 jurors, Clancy remains in state custody, likely awaiting another trial by prosecutors. Follow: @AFpost

Still more absolute 🔥 from Terence Tao: “We have now seen that even the rumor of someone working on a problem can trigger a massive amount of AI-powered effort to flatten it before the original research project has time to reach its full potential. The incentives may now be pointing in the direction of no longer sharing any promising research directions with the broader community, which would reverse centuries of traditions of open science and do serious long-term damage to the future of the field”

BREAKING: Lululemon founder Chip Wilson, worth $6.1 billion, is getting a divorce from his wife. There is no prenup in place.