Tracking funding rates across CEX & Solana perps. Posting daily data, spreads & simple hedges. Not financial advice.
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Affandy retweeted
Yes
Most people are still using AI the wrong way.
They ask it questions.
Elon Musk just pointed at the right way.
Yesterday, Jason Ginsberg wrote: "Treat Grok Bot like a teammate and give @bot an ambitious task you'd normally give to a new hire."
Elon's answer: "This is the way."
Three words. A whole shift in how we work.
Here's what that looks like in real life.
Scott Billows runs a business with a very traditional sales cycle. Deals that take months to cultivate.
He pointed Grok Bot at his company's tools.
It dug through the past. Surfaced old prospects and customers nobody was calling anymore. Handed them to his sales reps.
Two weeks in, a closed deal.
His words: "Without Grok Bot we most likely would not have reached out to this past customer."
Think about that.
Not a faster search. Not a smarter autocomplete. Not a chatbot.
A teammate that found money hiding in plain sight.
Everyone thought AI would be a better answer machine.
It's actually a new kind of colleague.
Elon put it plainly back in October: "assume you are hiring a super competent employee."
Not a tool you open. Someone you hand the job to.
The team keeps adding powers. Product pages. Order tracking. Payments. Team Bots your whole company can share.
Every week the job description gets longer.
Here's the part almost nobody sees yet.
For all of history, having a team was a privilege. Only the rich, the big companies, the well-connected could delegate.
Everyone else did everything alone.
That wall is falling.
A small shop owner. A single parent. A sailor at sea. Anyone can now say: "Here's the mission. Go."
When everyone gets a team, everyone becomes a builder.
And a civilization of builders doesn't stay small for long.
Stop asking AI questions.
Give it a job.
Meta released Muse Spark Open, which it calls the most powerful US-developed open-weight AI model, and it's heading to Apple's high-end Macs. Meta and Apple teaming up on AI. Who wins when big models run on your desk? #AI #Meta #Apple #OpenSource
Affandy retweeted
LATEST: 🚨 Vitalik Buterin called the blockchain world “the front line,” saying the security problems it faces are ones “the rest of the internet is going to get.”
What is a funding rate?
Perpetual futures have no expiry, so exchanges use funding rates to keep the perp price close to the spot price.
Simple rule:
• Positive funding → Longs pay shorts
• Negative funding → Shorts pay longs
Affandy retweeted
🇺🇸 UPDATE: The US Government's crypto holdings are now down $16B since its peak a year ago.
Affandy retweeted
U.S. homes are now the least affordable on record.
You now need over $120,000 in income to afford a median-priced home, per the Atlanta Fed, more than the typical household earns.
30-year mortgage rates hit 7.24% in mid-September.
The monthly payment on a $500,000 loan has jumped about $400, to roughly $3,400.
Home sales have plunged to a 31-year low.
Wall Street's AI bear case, in one chart.
Jefferies' Chris Wood warns the US AI boom may end in "massive capital destruction."
His data: Chinese models ran 36.39T tokens in a week on OpenRouter vs 7.39T for top US models, at ~1/4 the price.
Bubble or moat?
#AI #Investing
Affandy retweeted
FUN FACT: Bitcoin $BTC has a larger market cap than Bank of America and Bank of China combined.
