Verses on the Perfect Mind 1url.cz/QJsqW

Let me trace the timeline here because nobody's connecting it. Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying. Step 2: Train a model on all of it. Call it "artificial intelligence." Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter." Step 3 is where you sell people's own knowledge back to them. On a meter. They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created. One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility." Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies. That's the metered intelligence business model. And they're pitching it to infrastructure investors as though they invented water.

Examining the Recent Surge in Sudden Cardiac Deaths through the Lens of SARS-CoV-2 Viral and Antigen-Induced Subclinical Inflammatory Disease Inflammatory activation is increasingly recognized as a nonconventional risk factor for arrhythmias; the Spike Protein may bring this risk factor to the front.

Trump publicly presents himself as a robber of a very poor country. How can US republicans accept this?!

⚠️WARNING TO GREENLAND⚠️ A giant, smelly orange pedophile has been seen looming over your villages. Do not believe a word he says: He lies and is very stupid. Lock your doors, plug your noses. Shelter in place. Secure all sharpies and classified material. HIDE YOUR CHILDREN.

I just visited a company in Finland that can turn any transparent surface — windows, glasses, plastic, anything — into a 3D display that perfectly augments what you see behind it. Welcome to Distance . One of the most exciting companies in Europe right now. And they're only two years old. We're not talking about a tiny rectangle in the corner of your windshield. The entire glass becomes your screen. They showed this to Kia's design team. It led to a concept car with a full edge-to-edge 3D windshield that paints navigation onto the actual road, shows you what the car sees, highlights threats, and yes, could theoretically replace every Pepsi billboard with a Coke one. But the defense side is where it gets serious. As a neighbor to Russia, Finland feels the pain of Ukraine very directly. The Distance team wanted to be part of the solution. Their field operator headset gives soldiers jet fighter-grade situational awareness. Any sensor (thermal, infrared, multispectral) overlaid onto what you actually see. Tested in over a dozen field trials with the Finnish army. Driving armored vehicles in arctic conditions in the middle of the night with full 3D perception. The field operator headset effectively allows soldiers to see through smoke, and with extra cameras even behind walls. Some of what they showed us had never been shown publicly before.  And there's more cooking under the hood they couldn't share yet. Two years in. Moving at the speed of light. Welcome to Europe!

You cannot print molecules. You cannot print the rigs $BORR that lift them either. In a gold rush, the money isn't in the gold. It's in the picks and shovels. Shale is likely finished as a source of growth. The remaining short-cycle barrels now sit in shallow water — and the Middle East has spent fifteen years drilling its way offshore as its onshore fields deplete. Saudi, the UAE, Qatar: all the growth is offshore now. That barrel needs one thing above all else: a jack-up fleet. However, there are zero new orders and zero new-yard slots for years. Unsurprisingly the global fleet only shrinks — a third of the rigs on the water are over thirty years old and aging out. At $BORR they average seven. A newbuild theoretically costs $300m, and the dayrates haven’t come close to justifying one — rates must double, and lengthen, before a single rig gets ordered. Now layer the demand. The buyers are National Oil Companies (NOCs) in countries GDP is heavily exposed to the barrel — the most inelastic clients in any market. The fleet was already above 90% utilized and rising before the war. After the fighting stops: pent-up Gulf tenders, field declines to offset, shut wells to bring back. And the order book already tells you where this goes — energy-security pushing work in Vietnam, Malaysia, Suriname, Gabon. The security premium is no longer theoretical. It’s in the contracts. Either Hormuz reopens and pent-up demand from Saudi Arabia and the UAE skyrockets, or oil pushes into uncharted territory and the international NOCs pick up the tab. Few other energy assets are this exposed to both tails. Low-breakeven shallow-water barrels are the supply the world needs to meet the coming crunch. And pick-and-shovel maker gets paid whether or not the miner strikes. Now the part the market is missing. The whole enterprise trades at roughly forty cents on the cost of replacing its own steel. Enterprise value is about $4bn, split almost evenly — half debt, half equity. The debt is fixed. It does not re-rate. So every dollar the fleet gains as it runs toward newbuild parity falls straight through to the equity. That is the engine. The debt does not move; the steel does. Re-rate the fleet to what it would cost to rebuild, and the equity does not double — it quadruples. The equity does not track the steel. It multiplies it. The 4x leverage is not the risk in this trade. In the upcycle, the 4x is the trade. You can buy an irreplaceable strategic asset at less than half its replacement cost — with the leverage thrown in for free. The market is selling the quarter. We're buying the decade. $BORR is down 14% today on a delayed rig start-up and a one-time receivable provision — operational noise, not structural damage. Utilization held at 97%. Full-year coverage rose to 71%, and the back half of the year jumped from 48% to 65% booked. Nothing in the supply, the demand, or the steel has changed. The one thing that did move — the Middle East conflict — barely touched the financials and made the multi-year case stronger. Every affected rig is back at work. Tenders keep progressing. Management is more confident on 2027 and 2028, not less. The market is selling the noise and ignoring the signal. The dislocation is the entry. Get long. Buckle In. HALO.

🦔Microsoft canceled its internal Claude Code licenses this week after token-based billing made the cost untenable, even for a company with effectively infinite cloud resources. Uber's CTO sent an internal memo warning the company burned through its entire 2026 AI budget in just four months. American AI software prices have jumped 20% to 37%, and GitHub (owned by Microsoft) is dropping flat-rate plans for usage-based billing across its products. My Take The AI subsidy era is ending in real time. The same company that put $13 billion into OpenAI and built the Azure infrastructure powering most of Anthropic's compute just looked at the bill from a competitor's coding tool and decided it was not worth paying. That is not a productivity failure on Anthropic's end. Token-based pricing is forcing every enterprise customer to confront the actual cost of running these models at scale, and the number turns out to be far higher than the flat-rate experiments suggested. This ties directly to my Gemini Flash post yesterday. Anthropic, OpenAI, and Google all raised effective prices in the last six months. Enterprises that built workflows assuming AI costs would keep falling are now watching annual budgets evaporate in months. Two outcomes look likely from here. Either enterprises scale back AI usage to fit budgets, which slows the revenue ramp the labs need to justify their valuations ahead of IPOs, or the labs cut prices and absorb the losses, which makes the unit economics worse at exactly the wrong moment. Both paths land in the same place, the numbers stop working, and somebody has to take the writedown. Hedgie🤗

The speed of light limit is not an article of faith among physicists, it is an extraordinarily well-tested feature of nature. Of course, one can speculate about a deeper theory in which Lorentz invariance breaks down or emerges only approximately. But we have searched for signs of that breakdown in many, many ways, and the current limits on Lorentz violation are astonishingly tight It is also not true that quantum mechanics has relativity baked in. Nonrelativistic quantum mechanics is called that for a reason. It isn't easy to make QM respect relativity. Particle creation and annihilation become unavoidable, and antiparticles are required to preserve causality. These and other predictions of relativistic QM have been confirmed to extraordinary precision, making it arguably the most successful theory in the history of science Still, you can and should challenge it! But not all challenges are equal. Einstein did not develop relativity merely because he disliked the old picture, he developed it because there were inconsistencies in the existing theoretical framework. Historically, mathematical inconsistencies and experimental discrepancies have been the clearest signs that a theory needs to be replaced, or at least embedded in a deeper one. Philosophical discomfort, by itself, is not. “ the planets must orbit the Earth because humans should be at the centre of the Universe” is not a serious physical argument. Nor is “there is probably a preferred foliation of spacetime because I want superdeterminism to be true”. That is not deriving a theory from evidence or inconsistency, it is choosing the conclusion first and adding whatever structure is needed to make it seem viable. That is wishful thinking, not physics

Ball lightning is an unexplained and potentially dangerous atmospheric electrical phenomenon.

Welcome to the most asymmetric trade in modern financial history. The thread below lays out why. The opportunity exists because capital has chased the AI trade while ignoring the physical assets AI requires to run — assets that have quietly become the best-performing asset class of the decade. Since October 2020 when we first called for the commodity super cycle: QCI Total Return 217%, GSCI Total Return 205%, Gold 140%. NASDAQ trails at 130%. S&P 500 at 85%. The top three are all commodities. Yet oil cannot get out of its own way while copper and the broader atom complex prints fresh highs . That is the dislocation. That is the trade. Get long. Buckle in. Hang on for the ride. Forgive the longer posts in this thread — attempting to mimic my old 10-bullet commodity takes. On to it.

Nepal🇳🇵

The strangest instrument ever invented?🤔 The theremin is a musical instrument invented in the 1920s by Soviet scientist Léon Theremin. Remarkably, it is played without any physical contact. At times, the theremin feels like an instrument from Earth’s future or perhaps another world. Its sound seems conjured from nothing, with notes and tones shaped by the hypnotic movements of the player’s hands and fingers through the air. It remains the only musical instrument controlled entirely without touch.

Low-dose minocycline, below antibiotic levels, showed panic-reducing effects similar to clonazepam in CO2-triggered tests, alongside shifts in inflammatory markers and microglia in a CO2-sensitive brain region. doi.org/hbz3pm medicalxpress.com/news/2026-…

In physics, as in life, the path of least resistance is often the least interesting.

Serotonergic psychedelics for Autism spectrum disorder sciencedirect.com/science/ar…

Sperm have long been thought of as streamlined DNA delivery vehicles, carrying little more than a father’s genes to the egg. But a new study shows that in mice, sperm may transmit the father’s influence in another way. During their passage through the epididymis, the coiled tube where they mature after leaving the testes, sperm pick up messenger RNAs (mRNAs), RNA transcripts of genes that contain the genetic instructions for making proteins. These mRNAs seem to be transferred to the fertilized egg, where they may affect the developing embryo. Learn more: scim.ag/41Qq7ir

This is Pokhara, Nepal, just 180 km from India. The current temperature is 23°C with 100% cleanliness.

If Alex Karp had to say the quiet part out loud...

How can a single cell learn without a brain? We explore this in my new paper with @WallaceUcsf! We discovered that single cells may learn using molecules similar to those that animal brains use to learn, like CaMKII. Cells can also propagate memory states to their progeny! 🧵1/n