AI, however, depends on data centers in the physical world, and building data centers needs permission. This gives normal people the sort of veto power over AI they didn't have in the face of globalization; I make the case in Monday's Update and on Sharp Tech that understanding this dynamic is more important that trying to correct misinformation, which is a symptom, not a cause, of data center opposition.

Ben Thompson

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powerinfrastructuretechnology-policy

turning Robinhood money into sci-fi energy and compute moonshots is exactly how you should billionaire.

Packy McCormick

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entrepreneurshipinvestingrisk

The difference between a great business and a mediocre one is often that the great business keeps compounding capital at high rates of return for decades, while the mediocre business cannot. Most people underestimate how powerful this difference becomes over time.

Charlie Munger — Berkshire Hathaway Annual Meeting

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compoundinginvestingcapital-allocation