Incremental Insights #93
The best of what I read, listened to, and watched during the week
Who Is Satoshi Nakamoto? My Quest to Unmask Bitcoin’s Creator
John Carreyrou helped uncover the fraud and deceit at Theranos. Has he now unmasked Satoshi Nakamoto, the creator of Bitcoin, too?
Critical Review of SpaceX’s Financials
It’s part of a comment thread over at Hacer News, but it breaks down SapceX’s capital intensive nature, its Depreciation & Amortization, and how SpaceX is its own largest customer.
There Is Not Enough Claude
AI demand will keep increasing as models get more capable and spawn new “spillover” use cases. Like the internet, a general-purpose tech can keep compounding demand for decades. Leading to more compute scarcity.
Michael Mauboussin: Base Rates, AI Adoption, and Investing in the Intangible Economy
Michael joins Kai Wu to discuss his most recent white paper on base rates and growth expectations for AI companies like OpenAI and what investors should focus on.