Author: Daniel snow

Yeah, OpenAI, for example, is worth hundreds of billions of dollars, but it’s pretty hard to buy a share in it. It’s not publicly traded. That’s just the valuation you get when they get new investors from venture and elsewhere. One sense that’s enormous — I mean, Goldman Sachs has been built up over a century, and OpenAI, which was built up over the last decade, is more valuable than Goldman Sachs. On the other hand, 10 percent of the world is using OpenAI, is using ChatGPT. And that’s just amazing. Five years ago, basically zero percent of the world…

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So what will the Trump administration do in the event that the stock market starts going down. Well, the first thing that will happen is everything that they criticized previous administrations for doing, both Fed and Treasury, you’ll see them doing them because in a crisis, you do all sorts of things that you’d rather not do in terms of buying assets or lending to certain parts of the economy. Second, though, I worry about the government is directly inserting itself into the sector in advance. They’re buying equity stakes in these companies, or getting things that are almost like…

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“It’s weird for me. I’m not a movement guy. I’m more conservative than not. And now I find myself reading Saul Alinsky and all these lefties, and I’m going: Yeah, yeah, power to the people. So I’m going total revolutionary here. And what I liked about the No Kings rallies was just what E.J. mentioned: that people like me, who are kind of center right, would feel completely at home there. If it starts looking like Occupy Wall Street, then I think: Oh, good for you people, but it’s not for me. I’m hanging around Occupy and my hair starts…

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new video loaded: When Republicans Go Low …transcriptBacktranscriptWhen Republicans Go Low …What’s the smart move for Democrats in this political moment? On “The Opinions,” the columnist David Brooks says he thinks the party should channel Michelle Obama and “go high.”The question I would ask for E.J. is: Who was right, Obama or Newsom? And I mean Michelle Obama. She had this famous comment years and years ago: “When they go low, we go high.” Gavin Newsom, maybe it’s unfair to him, but the other alternative is when they go low, we go lower. And so put aside morality. What’s the…

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