2x Robotics Founder | Dad to 6 Kids | Angel Investor | Music Nut
Joined May 2012
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Milan Račić retweeted
Rough week for software. 81% of names down. ServiceNow off 34%. Multiple compression happens much more swiftly & brutally than multiple expansion.
Milan Račić retweeted
Fifteen years ago, my wife spent a summer teaching in a small town in Missouri.
In August, her host family took her to the county fair. She expected rides and cotton candy.
Then they went to the livestock auction.
Kids from 4-H walk the animals they raised into a ring. Local businesses bid on them. It's how a lot of farm kids pay for college.
A 12-year-old girl named Kaylee walked in with a pig she had raised since February. Her boots were too big for her. They had been her father's.
My wife's host mother leaned over and whispered, "Her daddy passed in the spring. Tractor accident."
The auctioneer started the bidding.
The feed store bid. The bank bid. The diner bid. The John Deere dealer bid. A man in the back who didn't own any business at all bid with his own money.
Nobody wanted the pig.
Everybody wanted that girl to have the money.
It went for $14,000.
The man from the feed store walked into the ring, shook Kaylee's hand, and told the auctioneer to sell the pig again.
They sold it four more times that afternoon.
Kaylee cried the whole time. So did the auctioneer.
My wife has taught English for twenty years. She says she has taught her students thousands of words.
But there's one she says she never truly understood until that day in Missouri.
"Neighbor."
Milan Račić retweeted
Europe 🇪🇺 faces a decisive choice: give in to Russian 🇷🇺pressure and accept a situation where aggression forcibly changes Europe's borders and calls into question our entire security order, or defend a united, free and expanding Europe, all at a time when authoritarian regimes around the world are increasing their influence.
This is not merely a choice between various diplomatic approaches. It is a test of Europe's political will, strategic clarity and leadership. Do we have leaders capable of seeing beyond their own personal political agenda and understanding that peace is not born by giving in to an aggressor, but by creating conditions in which aggression no longer pays?
Europe needs a new strategic clarity: Russia's attempt to change borders by force must be thwarted, Ukraine 🇺🇦 must be given the military and financial aid it needs to prevail, and stronger economic pressure must be brought to bear on Russia than has been the case so far.
A real peace process can start only when the preconditions needed have been created.
news.err.ee/1610180491/marko…
Milan Račić retweeted
Putin is not a "humanitarian."
Putin is a killer.
Trump's pivot to help him and abandon Ukrainians is one of the worst U.S. policy decisions ever.
It needs to be reversed.
foreignaffairs.com/russia/pu… via @ForeignAffairs
Milan Račić retweeted
Sequoia's thesis that the next $1T company will sell work, not software, is the most important reframe in AI right now.
The argument: if you sell a copilot, you're competing with every new model release. But if you sell the outcome, books closed, contracts reviewed, claims handled, every AI improvement makes your margins better, not your product obsolete.
The key insight most people miss: for every $1 spent on software, ~$6 is spent on services.
The entire SaaS playbook was about capturing the software dollar. The AI playbook is about capturing the services dollar, at software margins.
Not "AI for accountants." The AI accounting firm.
Not "AI for lawyers." The AI law firm.
The companies that figure this out won't look like SaaS companies. They'll look like services firms rebuilt on software infrastructure.
That's a fundamentally different company to build, fund, and scale. And most founders are still building copilots.
I went deeper on this in AI Market Fit: Sequoia Capital: The next $1T company won’t sell software. It will sell the work.
theaiopportunities.com/p/seq…
Milan Račić retweeted
multiple big tech companies have essentially one (very well paid) person who really knows how to use AI, and this “AI fixer” is their great hope — taking on projects and educating others.
problem is, some don’t have anyone, and a lot of those frontier people would rather work in a broadly AI-native company and find out what a team of people going this fast can do
This is INSANE. Cisco’s president Jeetu Patel has given a 27-year-old engineer unlimited AI tokens to try to rewrite 98% of the company’s legacy code within 24 months, Fortune reports.
Padmanabhan Krishnamurthy thinks he can do it with a two-person team. He has just four weeks to prove the approach.
Milan Račić retweeted
We were concerned that the SAT has become a less reliable measure of student preparedness for a rigorous college curriculum.
So, we commissioned a study from Johns Hopkins University. What does this study tell us about the state of higher education?
The results are shocking. thaq.co/4iLThZ0
Milan Račić retweeted
How can @MIT and President Kornbluth sit back and allow Kristin Knouse to remain on the MIT faculty when she has been found by a jury of her peers to have falsely accused him of rape, and intentionally destroyed his life and career with the help of co-conspirators in the MIT administration?
How does this not violate MIT’s code of conduct?
How can one continue to trust the research she produces?
Why has MIT not immediately launched a formal investigation to reconsider the removal of @DMSabatini’s tenure and Knouse’s continued inclusion on the faculty?
The evidence from the case is now in the public record. It is a straightforward process for MIT to review the facts.
Justice must be served.
Female MIT scientist climbed into famed professor's bed and 'aggressively' demanded sex... before making #MeToo allegation that almost ruined him after he dumped her
dailymail.com/news/article-1…
Milan Račić retweeted
Trump's pivot to help Russia and abandon Ukraine is (1) immoral, (2) not in US national interests, and (3) wildly unpopular at home.
foreignaffairs.com/russia/pu… via @ForeignAffairs
Milan Račić retweeted
Naravno da Hrvatska štiti javne bilježnike
Ladies & Gentlemen, we have managed to get the @EUCouncil ' EU Inc files. The ones that matter. The ones where we see the position of Each Member state: including who pushed the notaries' agenda.
Buckle up and Repost. 🍿 Now if you are from those Member States, make some noise.
Directly or through associations, politicians. Enjoy the thread 🧵 1/
Milan Račić retweeted
Funding rounds aren't milestones. It shouldn't be your goal to raise a series A. It should be your goal not to need to.
Milan Račić retweeted
I'm at the stage of AI psychosis that I feel I could easily vibe code a better government than Spain or the EU or most countries
Exceptional too is the reaction by Spain's Transport Minister @oscar_puente_ today
Puente maintains that the Spanish rail network is safe: "There are systems, rules, and protocols in place. Mistakes can happen, but I want to emphasize that our railways are just as safe as those in neighboring countries."
The level of gaslighting by politicians to always maintain their own interests over the wellbeing of their country is why nobody trusts politicians anymore
Milan Račić retweeted
Mark Cuban's advice for young people boils down to "there's gonna be two types of companies: those who are great at AI and those who have gone out of business."
"And then there's two types of people in how they use AI: those who use AI to learn anything, and those who use AI so they don't have to learn anything."
"And if you're one of those people who uses AI so that you can learn anything, and you realize what type of companies and problems aren't being solved by AI, don't be shy to just talk to your AI."
"And I say this not just to kids, but to 50 60, 70-year-old entrepreneurs. The biggest challenge right now with entrepreneurs using AI is the comfort level of talking to your AI... there's still a lot of hesitancy."
"Just like back in the day, those first spreadsheets, people still had their 10-key adding machine, and they would check it to make sure the spreadsheets were right."
"So when you ask me, is there one thing I truly believe, it's everything. Everything will change. This is the greatest transitional technology we have ever seen, and I've been around for all of them, right? This blows them all away."
@mcuban @julesyoo @eriktorenberg
Mark Cuban scaled Cost Plus Drugs from about 100 generics to roughly 4,000 at a flat 15% markup, forcing incumbents to change prices in ways decades of policy never did.
He thinks AI could transform healthcare, but it won't fix opaque prices and broken incentives on its own.
Mark sits down with a16z's Julie Yoo and Erik Torenberg to discuss what he's learned building Cost Plus Drugs, why trust is its core product, and how greater transparency could put pressure on healthcare costs.
They also explore why drugs designed for your DNA could cost close to nothing, the football field-sized drug plant his team shrank into tractor trailer-sized pods, his plan to make generics in Dallas for less than he pays manufacturers in India, and why every company will either be great at AI or go out of business.
0:50 Cost Plus beat decades of policy
3:15 111 generics to 4,000 drugs
5:00 A drug plant shrunk to 5K sq ft
5:55 $20M drug factories in a trailer
8:10 Hospital deals with zero denials
9:50 Why health plans are rigged
14:05 1,335 pages no human can check
18:35 "Where are they f**king me over?"
22:45 Making drugs cheaper than India
26:50 Why you still need entry-level hires
31:45 Nonprofit hospitals must offer aid
35:55 DNA-matched drugs for near $0
39:30 Why AI will mean more doctors
48:00 Mark's plan: "bye bye insurers"
52:25 Why AI labs' ads are useless
56:35 Get good at AI or go out of business
YouTube: youtu.be/5UWDUD6qaM4
@mcuban @julesyoo @eriktorenberg
Milan Račić retweeted
London has a new Physical AI Lab. 🔥🇬🇧🇪🇺
And they have a legit claim to be soon a world leading one.
What MACHENTA does is close to heretical.
It's a completely different approach to building models, that doesn't require massive amounts of data, nor post-training, but can repeat a task after showing it only once.
It's a complete narrative violation to everything we know in robotics right now.
No absurdly large vision models.
No hours of post-training needed.
But it works instantly.
You show it. It can repeat it.
Not 20 video takes and then keeping the one that worked. You show it. And very very very likely it can repeat that new task after only that one demonstration.
Their technical approach is also fundamentally different. Heavy focus on in-context learning, explicitly 3D, and tons more that i am unsure if it's public information.
They is a non-zero chance that they will unlock autocomplete for the world. Do a task. Click a button. Get out of the way and the machine repeats it until it runs out of material.
And yes, one more time. This is real.
I have seen it multiple times myself (Investors since over a year). You demo it. And that's it. It can repeat it almost every time after only that one demonstration. 🤯
Kudos to @Ed__Johns and @vitalisvos19 for launching!
PS: If you want to join a breakout Physical AI lab -> Machenta is likely they one to apply to right now.
Milan Račić retweeted
Nothing says a country's not a dictatorship like having to issue grovelling apologies for mentioning that it was in the past.
Desde LALIGA lamentamos profundamente las declaraciones de Kylian Mbappé que han causado malestar y ofensa en China. Entendemos el daño ocasionado y, en nombre de LALIGA, quiero trasladar nuestras sinceras disculpas al pueblo chino.
Durante muchos años hemos construido una relación de respeto, confianza y cooperación con China, sus autoridades, sus instituciones deportivas, sus operadores audiovisuales y millones de aficionados al fútbol español.
No podemos permitir que una actuación individual empañe esa relación ni perjudique a los más de 20 clubes de nuestras competiciones profesionales y a millones de aficionados chinos.
Estamos adoptando las medidas a nuestro alcance y trabajando directamente con nuestros socios e interlocutores en China para superar esta situación.
Nuestro compromiso con China, su pueblo y sus instituciones es firme. Una relación construida durante tantos años no puede quedar dañada por un episodio individual.
Readers added context they thought people might want to know
Contexto importante: Mao Zedong fue efectivamente un dictador.
es.wikipedia.org/wiki/Mao_Zedong
Milan Račić retweeted
The Sept. U.S. trade deficit in goods was $134.9 billion, the highest ever recorded in Sept. There were only three months in history when the deficit was higher, all under Trump in 2025.
Here are the facts. Measured by the size of our trade deficits, Trump has been the worst president in history on trade. The tariffs have been a complete failure. Not only have they failed to bring manufacturing back to the U.S., but the U.S. is now more dependent than ever on foreign producers. Not only are we importing more than ever, but we are now paying Trump's tariffs on those imports.
Trump says trade deficits represent a loss. Judged by his own standard, Trump is the biggest loser in the history of the presidency. Also, if the economy is booming as Republicans claim, why have our trade deficits gone way up? Why are the trade deficits under Trump so much larger than they were under Biden, when, according to Trump, we had the worst economy in U.S. history?
Here are the facts. When you compare Trump's first two years to Biden's last two, GDP growth and job creation are slower, inflation is higher, and budget and trade deficits are bigger. If Trump is right that under Biden we had the worst economy in history, and the Trump economy is objectively worse on all counts, then the Trump economy is now the worst economy in history.
Milan Račić retweeted
In almost any large city on Earth, if the entire power grid collapses at three in the morning and every streetlamp and alarm goes dead, store owners board up their windows to stop looting.
At 3:08 a.m. on September 6, 2018, a magnitude 6.7 earthquake struck Hokkaido, Japan, knocking out one hundred percent of the electricity for all 5.3 million residents.
Every traffic light, ATM, and refrigerator across the island went dark at once.
Instead of locking their doors or raising prices, clerks at Hokkaido's local convenience store chain, Seicomart, opened their emergency kits before dawn.
Years earlier, the company had equipped every store with power inverters designed to plug directly into the twelve-volt car batteries of employees' vehicles parked outside the front doors, alongside propane gas rice cookers that do not rely on electric lines.
By sunrise, over ninety-five percent of their one thousand one hundred stores were open.
With cables running from idling cars into the registers, clerks cooked fresh, steaming hot salted rice balls over propane flames by lantern light and sold them for the exact same one-dollar price as the day before.
Outside in the dark, thousands of hungry neighbors stood quietly in single-file lines, counting out exact coins and bowing to the exhausted staff.
Civilization is revealed when the lights go out.
🤖 Made with AI
Milan Račić retweeted
I still have non-Brazilian friends who think São Paulo is fine to visit
We hired a great Uber driver to drive us to Florianopolis, like a 3 hour trip, cause was easier than flying then, very nice guy
While driving I sat in the back talking a bit with him and practicing my Portuguese
Then I noticed he didn't wear a seatbelt so I asked why
He said "so I can draw my gun quickly"
I said "desculpa the fuck what gun"
Then he showed he was wearing a holster on his right side with a gun it which he carried for safety because he said drive into and out of São Paulo often
So being a funny naive Dutch guy I asked "so did you ever kill someone?"
He said "yes I killed a guy last year who came at me and who tried steal my car in São Paulo"
And then he told me he was in a judicial trial about it and being prosecuted for it
I asked him again in the naive Dutch guy perspective "did you get like therapy after? like must be intense right, do you feel bad about that?
He said "no why? If I didn't kill him he would have killed me" ☠️
Foreigners especially Europeans have no clue how violent São Paulo and Rio are, it's just not in their mental framework to be able to understand the danger, Brazilians themselves are surprisingly honest and realistic about it
There a reason I stay the F out of São Paulo
I mpstly stick to South Brazil, it's safe, not as safe as Europe but mostly very safe and not really violent. The violence and crime there seems mostly isolated between gangs and in the few favelas there
About that too I asked Brazilians "why is South Brazil so safe?"
And they mostly agreed when a guy told me "because the police here shoot to kill" while in São Paulo and Rio the police is too scared to get prosecuted for killing people
如果你去南美第一大城市巴西圣保罗出差，抬头会看到全世界最魔幻的阶层隔离奇观
城市上空注册着超过 400 多架私人直升机，市中心两百多栋写字楼和豪宅顶层全焊着停机坪，每天有上千架次直升机像出租车一样在天上嗡嗡穿梭！
圣保罗的亿万富豪和跨国高管为什么宁可花几千美金包机飞 15 分钟去上班，也不肯坐劳斯莱斯走地面道路呢？
这是因为地面交通不仅堵成死水，更因为贫民窟与富人区犬牙交错。在地面红绿灯前一旦被堵死的话，骑摩托车的持枪劫匪可能会随时冲上来敲碎车窗抢劫甚至绑架！
这直接把巴西逼成了全球第一大民用防弹汽车（Blindados）市场，全国有超过 30 万辆私家车把车门和玻璃全改造成了能挡住 9 毫米手枪和左轮子弹的防弹装甲壳。
这可真是顶层在天上飞，中产在防弹铁壳里躲，底层在街角抢，拉美式折叠其实比科幻片还真实🌚
Milan Račić retweeted
"It's a beautiful thing, the destruction of words. Of course the great wastage is in the verbs and adjectives, but there are hundreds of nouns that can be got rid of as well." —George Orwell, "1984”
