read an interesting thesis on x just now

so most companies are implementing AI instead of humans

so unemployment rises, the people lose their income and have no money to spend

business revenue goes down even more, they cut more jobs by replacing humans with AI

and even more people get laid off and circle continues

causing a big financial crisis

thats why elon musk was talking about an universal income and saying working becomes optional in the future

our worlds are so designed as

wake up -> go to work

repeat

the speed of robotics and AI development is far outpacing the efforts done by governments to prepare for a massive shift in workforce

people buying cybersecurity stocks because of ai attacks and potential growing revenues

claude (ai) posting it will offer cybersecurity

all cybersecurity stocks dump 30%

since sp500 been moving sideways for so long all the volume is around this region, once it drops it can go really quick

gud company, insane profit margin too

just usual IPO dump

been a while seeing this

+34% wtf

sentiment switches real quick

ETHEREUM FOUNDATION PROTOCOL RELEASES STRAWMAP ROADMAP: INFINITYHEDGE

The strawmap features five simple north stars, presented as black boxes on the right:

→ fast L1: fast UX, via short slots and finality in seconds
→ gigagas L1: 1 gigagas/sec (10K TPS), via zkEVMs and real-time proving
→ teragas L2: 1 gigabyte/sec (10M TPS), via data availability sampling
→ post quantum L1: durable cryptography, via hash-based schemes
→ private L1: first-class privacy, via shielded ETH transfers

eth to 20k

damn i just completely forgot to act

exactly what was likely to happen, netflix backs down bottoms and then runs back, missed chance

what are the chances the wednesday pump was created on the narrative of jane street stopping their algos, pump back price up trapping people into thinking bull is back to build shorts

and then this weekend america bombs iran

it would really surprise me if all the military deployment america did was to scare them into making a deal and not bomb the shit out of them

and woke up to reading israel attacked iran

1 year ago dubai was a public swimming pool and now its a mega shelter

oil prices through the roof causing a market sell off?

will be interesting day tomorrow