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VOICE ARCHIVE

Axel Merk

@axelmerk
12 posts
2026-02-26
“Despite the macroeconomic community struggling to forecast 2-month-forward payroll growth..., the forward path of labor destruction can apparently be inferred with significant certainty from a hypothetical scenario posted on Substack....” https://www.citadelsecurities.com/ ...
2026-02-26 View on X
Citadel Securities

Citadel rebuts Citrini's viral article, arguing that AI deployment is constrained by the marginal cost of compute vs. human labor, and needs far more compute

Copyright © Citadel Enterprise Americas LLC or one of its affiliates.  All rights reserved.

2025-02-11
“The U.K. has ordered Apple to build a backdoor that would allow the British government to download and read the private encrypted data of any iPhone user anywhere in the world.” This is a terrible idea. Apple should stop selling iPhones in the UK. https://www.wsj.com/...
2025-02-11 View on X
Wall Street Journal

After the UK ordered Apple to build an encryption backdoor, Congress must enact a law prohibiting US tech companies from providing such backdoors to any country

Beijing would quickly exploit the British order to allow access to encrypted data.  —  The U.K. has ordered Apple to build …

2024-11-17
“hackers were able to access information from systems maintained by the carriers to comply with U.S. surveillance requests” The shocking part is that this is shocking to some. Backdoors are the core of vulnerabilities. https://www.wsj.com/...
2024-11-17 View on X
Wall Street Journal

Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

Carrier joins growing list of known victims, including AT&T and Verizon, of the major Chinese spying operation

2024-11-16
“hackers were able to access information from systems maintained by the carriers to comply with U.S. surveillance requests” The shocking part is that this is shocking to some. Backdoors are the core of vulnerabilities. https://www.wsj.com/...
2024-11-16 View on X
Wall Street Journal

Sources: T-Mobile's network was among the systems hacked by the China-linked Salt Typhoon group, and some foreign telecommunications firms were also compromised

Carrier joins growing list of known victims, including AT&T and Verizon, of the major Chinese spying operation

2024-10-13
@LeonYin ... this is a perfect example of how regulations have unintended consequences and the fix makes it worse. Instead of fixing the underlying issue, I trust local rules will double down with drivers losing out. Get rid of the underlying issue, the minimum wage law.
2024-10-13 View on X
Bloomberg

Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay

Even If You're Not One Johan / The Rideshare Guy : Weekly Roundup: Rideshare Drivers Use Teslas as Makeshift Robotaxis Katie Johnston / The Boston Globe : 'To me, this isn't a full...

2024-10-12
@LeonYin ... this is a perfect example of how regulations have unintended consequences and the fix makes it worse. Instead of fixing the underlying issue, I trust local rules will double down with drivers losing out. Get rid of the underlying issue, the minimum wage law.
2024-10-12 View on X
Bloomberg

Investigation: Uber and Lyft lockouts for 800+ NYC drivers occurred almost every hour of every day, saving the companies hundreds of millions of dollars in pay

One August morning in south Brooklyn, Mohamed Mohamed did what he's done almost every day for nine years: He woke up at 5 a.m. …

2022-11-15
My billionaire followers, would you have $8bn to spare? If so, 👇 https://www.wsj.com/...
2022-11-15 View on X
Wall Street Journal

Sources: Sam Bankman-Fried has unsuccessfully continued to attempt to raise $8B to plug FTX's shortfall, despite filing for bankruptcy and resigning as CEO

Alongside a few remaining employees, Mr. Bankman-Fried spent the weekend calling around in search of new commitments from investors

2022-04-18
“It's..the continual chipping-away of trust. An autocracy can deploy propaganda or use fear to motivate behaviors it desires, but democracy depends on widely internalized acceptance of the legitimacy of rules, norms, & institutions. ” important weekend read, constructive ideas 👇 https://twitter.com/...
2022-04-18 View on X
The Atlantic

Social media weakened the social capital, strong institutions, and shared stories that bind democracies, especially after 2009 when virality began to intensify

I had plans for the week-end.  Ambitious plans.  I was going to do my taxes. Christie DeLuca / Analog : Is Social Media a Crack House? Jonathan Haidt / The Atlantic : Grand Hotel ...

2022-04-17
“It's..the continual chipping-away of trust. An autocracy can deploy propaganda or use fear to motivate behaviors it desires, but democracy depends on widely internalized acceptance of the legitimacy of rules, norms, & institutions. ” important weekend read, constructive ideas 👇 https://twitter.com/...
2022-04-17 View on X
The Atlantic

Social media platforms have weakened major forces that bind democracies together, especially after 2009 when the virality of social media started to intensify

What would it have been like to live in Babel in the days after its destruction?  In the Book of Genesis, we are told …

2022-01-07
Let me get this straight: the Russian military is heading to Kazakhstan to help restore order. Catalyst for the unrest is high energy prices. And crypto mining consumes ~1.2GWt according to energy ministry. So does crypto mining trigger revolutions? https://www.theguardian.com/ ...
2022-01-07 View on X
CNBC

Internet disruptions in Kazakhstan, the world's second-biggest bitcoin mining hub, shut down an estimated 15% of the world's miners before internet was restored

> Kazakhstan's deadly protests hit bitcoin, as the world's second-biggest mining hub shuts down https://www.cnbc.com/... Heidi Cuda / @heidi_cuda : “Kazakhstan's deadly protests hi...

2021-11-01
You can wait. Or make it a priority to re-invent your business. My guess is companies pursuing the former will fail; those pursuing the latter will thrive. https://www.wsj.com/...
2021-11-01 View on X
Wall Street Journal

Experts say sourcing chips has almost turned into a lottery amid the global chip shortage, as wait times ballooned to 22 weeks in October

Nearly a year into the crisis, some customers are finding it is taking months more than expected to get needed parts

2021-10-31
You can wait. Or make it a priority to re-invent your business. My guess is companies pursuing the former will fail; those pursuing the latter will thrive. https://www.wsj.com/...
2021-10-31 View on X
Wall Street Journal

Experts say sourcing chips has turned almost into a lottery amid the global chip shortage, as wait times have ballooned to 22 weeks as of October

Nearly a year into the crisis, some customers are finding it is taking months more than expected to get needed parts