Google released their newest video model, it’s extremely impressive. On the current trajectory, a lot of media will be AI generated and cheap in the future. Worth watching the videos. (link, thread of 10 more examples)
Hollywood is already suffering from a downturn from the days of big tech pouring billions into content. AI will only apply more downward pressure. (Chartr)
AI is also disrupting programming jobs, there is speculation that we’ve seen peak big tech hiring as they begin leveraging AI.
The new paradigm may not be all sunshine and rainbows, wait until the AI starts blackmailing you. Faced with its potential replacement, Claude 4 Opus attempted to blackmail Anthropic employees and emailed key decision-makers to advocate for its continued existence. (@AISafetyMemes , Anthropic source)
Jamie Dimon was sounding the alarm this week. (link)
Meta, TSMC and Amazon were the Tiger Cubs favourite holdings at the end of Q1. (@HedgeVision)
SMID cap Biotech is trading at one of its cheapest levels on a EV/Cash basis in over 2 decades. (@TidefallCapital)
23% of SMID cap Biotechs are trading at negative entreprise values. (@TidefallCapital)
The US isn’t the only country with a debt problem. (@MichaelAArouet)
The Austrian century bond is down over 75% from 2020 due to rising rates. (John Authers)
Geopolitics has caused a record amount of NATO countries to hit their 2% defense spend target. (Global X)
R&D has been the biggest beneficiary of defense spend increases over the past decade as the dynamics of warfare are changing. (Global X)
Starbucks is losing ground in China as local competition surfaces. (@EugeneNg_VCap)
