Our #AI times by @kaltoons

Allow me to interpret what’s happening. Anthropic is being audited. Anthropic desires to file an S-1, as they would like to go public. Therefore they need an audit. And by “they”, I mean the VC’s who invested in them. So “they” can exit their position and pass the bag to firemen, nurses, teachers and policemen. How does this go from the VC’s to the working man and woman? Because the size of the IPO will automatically qualify Anthropic for the Fortune 500 and the Dow Jones 100. Therefore, every working person with a 401k or pension will end up owning a little bit of Anthropic in their mutual funds. Teachers hold the bag, VC’s take the cash. Thank you, come again. Now back to the audit. The audit required is a PCAOB audit, Public Company Accounting Oversight Board. This audit is what all public companies must comply with be on the stock market. Revenue recognition, expense classification, depreciation, related party transactions, etc. It’s there for consumer protection. This audit is TOUGH. It is INVASIVE. There is no way to lie your way through it. Any company that passes a PCAOB audit automatically earns my trust on finances. How do I know? Because I’ve been through it before. @ChangRobotics is 2 year PCAOB audited and currently underway for a 3 year audit. It’s brutal. The same as showing up as the valedictorian to your high school graduation, except you’re naked, and you have to walk on stage and deliver the speech. It’s rough. And I know many incredible founders that can’t pass one. Now, why would Anthropic be leaking all kind of weird statements lately about “self pacing” a slow down on AI (e.g. they are WAY behind on revenue), and profitable if they didn’t have expenses (e.g. we just learned for the first time what our expenses are, because we’re being audited). Because they were claiming NVIDIA discounts and Microsoft cloud credits as revenue. Because they had no clue what their expenses were, or why it even mattered. Because they had unlimited investor capital and their job was to burn it to make an LLM. Well, they did a great job with that! That’s the same as my wife coming home with Bed Bath and Beyond coupons and telling me it’s her paycheck. Ummm, not the same, sweetheart. So by now hopefully you can see that Anthropic is in a PCAOB audit right now, in order to file an S-1 and go public, and pass the bag to teachers so the VC’s get profits. And hopefully that explains their “crazy” behavior. In reality you can be grateful to KPMG, PWC, or whoever is auditing Anthropic, because it’s the first time Dario learned that: 1) we are not profitable 2) expenses matter 3) coupons are not revenue 4) we have no clue how to be “profitable” 5) growth is hard when revenue numbers are in an audit and not a power point -your neighborhood engineer

@BulwarkOnline did a supercut of all the prior times Trump said he was about to give Americans a $5000 check or whatever. It is glorious

Canada will never forget.

25 years have passed since September 11, 2001. A generation has grown up in the years since, but our responsibility to remember has not changed. We remember the people who went to work that morning and never came home, and we remember the families who have carried their memories every day since. We will continue to tell their stories, honor their lives, and express our enduring gratitude for the heroism shown that day.

my post about omarchy security triggered a bunch of people. some of the responses are classic, but my favorite one is: "just give it time, it is new". that begs the question, "how much time?" the thing about security is that it is never done. it is an ongoing process. microsoft and apple have been doing this for decades now across billions of users and devices, and even they still get it wrong all the time. apple is the best positioned. they have iOS, which taught them a lot of hard lessons. when was the last time you heard of an easy jailbreak? they own the whole hardware stack. there are chips on top of chips and firmwares on top of firmwares. of course people still find bugs, but they also have a whole update / distribution method that is ultra secure. will omarchy ever be secure? i don't believe so. they aren't building it from the ground up to be secure, and i'm not going to hold my breath that they can take enough contributions from the community to make it secure. remember, those contributions are valuable. unless you're sitting on a war chest, you aren't going to be able to buy them up. criminals will hold onto them. think of this is more like when mossad put small amounts of explosive in iranian walkie talkies. it took a decade to execute this game plan. that's what you're up against. it comes back to who do you trust? is apple secure? well... at least they own the entire supply chain. this isn't an anti-omarchy post. i don't hate dhh, i admire him to take this on. but at the same time, if you're going to use a desktop os to store your crypto or do your banking, you better be sure that you at least have a fighting chance. he's a billionaire, he can afford to lose a bit. you or your business? likely not. no company should ever allow this OS into their firewall. how long before someone hacks dhh himself? he's a great target now. it'll be fun to watch. even bitcoiners become targets. Luke Dashjr claims to have lost a bunch at one point. do you want to be on the sharp end of this? tl;dr: have fun, play with it... but anything serious? no fcking way.