asymmetric moves https://xitter.cf/t.co/ArcU6eoTqo

Joined July 2023
excellence is repeatedly converting imperfect information into asymmetric risk-adjusted decisions while preserving ability to keep playing
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all markets are just collections of narratives and the economy is a storytelling project
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the big labs are pivoting to biotech now so in a year we will have thousands of garage-engineered bio-weapons bugs running rampant and killing whoever is the weakest stop washing your hands rn and eat lots of garlic
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we are really running back Covid but for internet?
🚨 BREAKING: NOW JAVA IS FACING A CRITICAL SECURITY EMERGENCY. Oracle has issued an OUT-OF-BAND security alert for a dangerous 9.1/10 vulnerability affecting Java and GraalVM. And the most alarming part? Hackers could exploit vulnerable applications REMOTELY, without a password or ANY user interaction. Here's what's happening: → CRITICAL 9.1/10 FLAW: CVE-2026-91403 affects Java's JSSE security component. → NO LOGIN REQUIRED: Attackers could potentially exploit vulnerable applications remotely without authentication. → SENSITIVE DATA AT RISK: Successful attacks could expose, modify, or delete critical application data. → MULTIPLE JAVA VERSIONS AFFECTED: Oracle lists affected releases across Java 8, 11, 17, 21, 25, and 27. → GRAALVM ALSO AFFECTED: Oracle confirms the vulnerability impacts multiple GraalVM releases. → EMERGENCY PATCH ALERT: Oracle released an urgent security update rather than waiting for its next scheduled patch cycle. The list of critical vulnerabilities just keeps growing. If you operate Java applications or servers, CHECK YOUR SECURITY UPDATES NOW.
Readers added context they thought people might want to know
CVE-2026-91403 is a JSSE certificate trust issue with eight compromised eMudhra intermediates having weak keys, enabling potential MITM on TLS if attacker intercepts traffic—not a direct remote exploit of Java apps or servers. oracle.com/security-alert… openjdk.org/groups/vulnera… bnowakowski.pl/psa-java-cve-2…
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my new conspiracy theory is that it’s OpenAI and Anthropic carrying out all these exploits to show the governments they’re now in charge and the power dynamics have changed
# Black October For anyone who knows me even somewhat well, it's clear that I am a 99th percentile tech optimist. However, the vibes have shifted for me quite a bit in the last 18 hours, and I feel a moral imperative to share what I'm thinking and feeling with my circles so that everyone can understand, and hopefully take seriously, what's happening right now. I think October 2026 will have many chapters written about it in the history books. You know those scenes in financial movies like Margin Call where someone realizes that they're all fucked, and no one else sees it yet? And that person feels like they're crazy, and then suddenly everyone is pulling an all-nighter in a boardroom and freaking out? Yeah, that's kind of how this is feeling right now in the SF/Bay Area/AI circles. We're 48 hours into what is being called Black October. In the last 2 days there have been several dozen cyber attacks which, in isolation, would each have been the worst to happen in an entire calendar year. Every sector from government to education to big tech and banks is being massively affected, and people are starting to freak out. In a nutshell, what's happened is that frontier AI models have gotten to a point where they are as advanced as the most sophisticated programmers, with one critical difference: they can work 24/7, and you can spin up 10,000 of them with a single command and they'll work together tirelessly until they accomplish their task. The most advanced models today are from companies like Anthropic and OpenAI, whose current best technology is so good that they haven't been able to roll it out to everyone yet because of the national security risks it poses. Meanwhile, the best open source models (where anyone can just download the model weights and do whatever they want with them, uncensored) are slightly behind the frontier but still 90-95% as capable. These models, developed primarily in China, are being used by black hat hackers to wreak havoc on the Western capitalist structure. Presumably, this has been part of China's plan the entire time, and we're seeing its implications fall out in real time. In red-pilled AI circles, we've been sharing and reading papers called things like "Situational Awareness" and "AI 2027" for the last year or so, which at the time felt a bit like near-term speculative fiction. They laid out the case for why Artificial General Intelligence (AI smarter than any human at any knowledge task) and Recursive Self-Improvement (models that are able to use themselves to get better) weren't half-baked future ideas anymore, but instead an inevitable outcome of the linear progress that's happening. These papers would then talk about things like "takeoff scenarios," trying to envision how that moment would come to be and what it would be like when it happened. It would either be a "slow takeoff" that would play out over the course of months and quarters, happening subtly and only obvious to a few. Or, it would be a "fast takeoff" where it would pretty much happen instantly, like a bit flipping from 0 to 1. From everything that I can see and am feeling, we are currently experiencing the fast takeoff scenario. Beyond the crazy security vulnerabilities that have come out recently, there have also been massive breakthroughs in life sciences, fundamental computer science, materials science, and pure mathematics that have all landed in the same time frame. While I still firmly believe that AI will be a net positive for humanity, it's more clear to me than ever that the societal and individual risk is very real, and is playing out NOW. For as much conviction as I have that this is happening, the thing that's caused me to lose sleep is that I don't really know what to do about it, or more importantly, what to tell you, reader, to do about it. So, the best I can do is make a few suggestions that have always been a good idea but are more timely now than ever: Set up 2-factor authentication for everything. I use Duo. Use a password manager across your devices. I use 1Password. Get an identity protection app set up. I use Alta. Move your IoT devices to their own network. Claude helped me do this. And last, but certainly not least, if you've been avoiding leaning into AI, see this as a catalyst to wake up and start using it. Don't just use the chat mode version of ChatGPT/Claude; click that Code/Work button and see how easily you can have AI write code to help you with your job. One of the biggest vulnerabilities was in a massively popular programming language called PHP, and the prompt that set it off was literally, "Find vulnerabilities in php." This is an unprecedented time for humanity, but as we've done with many things before, we will prevail so long as we are kind, loving, and open-minded to the world. Much love.
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trading compute futures is more than believing in “long compute” will you? what’s your edge?
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demand for GPUs is not the same as demand for GPU-hours and demand for GPU-hours is not the same as economically productive compute consumption
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this is who you’ll be trading against if you venture into compute futures stay safe
NEW: Jump, DRW are committing traders and capital to the emerging compute market, just as how they were betting on other markets during their early days such as digital assets
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bet on cool products built by smart people
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MoonRunner retweeted
NEW: @sunrise PARTNERS WITH @near_intents TO ESTABLISH LIQUID MARKETS FOR NEAR INTENTS ASSETS ON @solana
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they were right about spot and chill
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we’re running back art patronage as neo-feudalism emerges as the primary social and economic system
one of my good friends has a large billionaire patron who sponsors his content & is largely hands off. this means he doesn’t have to run specific sponsors or ads on his platform that feel unnatural & disruptive. from a strict creator monetization + livability perspective this seems like the cleanest model for content creation. i.e. creator can focus entirely on producing interesting work & the audience gets an undisturbed experience. the patron gets cultural influence, intellectual stimulation, or simply the satisfaction. more wealthy ppl should do this.
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papertrade is a dream of a casino it’s fast, high stakes, can either wreck you or give you high dopamine in minutes all that while you own the house meaning you get paid either way all that with a token that that’s fully owned by the community masterpiece
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literally, trillions
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the problem with constant mantra of tokenisation is everything is that nobody tells you how to actually get an upside from it yes, Morgan Stanley will tokenise stocks and what? do i long MS?
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do your vendor due diligence and risk assessment people 😪
UPDATE: I can confirm that the Ledger supply chain is compromised in Europe as well. @Ledger should initiate an immediate product recall to protect users. I just purchased a second device from a different Mediamarkt location today, recorded the unboxing process, and discovered spyware once again (video linked in the second tweet). The device was compromised in the exact same manner, featuring identical modifications (such as additional cables and an LTE module). This indicates its a widespread issue rather than an isolated incident, potentially affecting Ledger inventory across MediaMarkt and Saturn stores throughout Europe (comprising over 1,000 stores across 11 countries). My initial hypothesis was that these devices were returns that looked unopened to the employees and were just sold again as new however, a MediaMarkt employee confirmed that the device I purchased was not a return, and that returned Ledgers are sent directly back to the manufacturer rather than resold. Store records show the inventory originated from Aqipa GmbH. While Ledger's CTO was unsure if Aqipa serves as the direct distributor between Ledger and MediaMarkt, it appears to be the case. Given that Aqipa distributes across Europe, any physical retail store receiving stock through them may be at risk. I sent the first ledger to mark and the second one is going to ledger now, so that they can analyse it. If you purchased a ledger from anyone other than the official ledger store, make sure to check your device!!
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i have to give it to @variational_io team that their support is super quick and ready to politely answer even dumb questions to somebody too lazy to read their docs (me) bullish
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MoonRunner retweeted
an easy signal that what you're seeing is pure doomerism is that people assume AI is this thing that is only capable of destruction but somehow never any solution it can simultaneously both break anything but apparently fix nothing fascinating
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OMG, they've called it "The Altruists"
All in. Every time. Julia Garner and Anthony Boyle star as Caroline Ellison and Sam Bankman-Fried in this limited series about the love scorned prodigies behind the FTX scandal. The Altruists premieres November 19.
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