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• Small business owners are the most insufferable people on the planet — Small businesses are amazing and necessary and I love them, but the people behind them are the absolute worst.
• AI is effectively ‘useless’—and it’s created a ‘fake it till you make it’ bubble that could end in disaster, veteran market watcher warns — “So anyone who's sort of a bit long in the tooth and has seen this sort of thing before is tempted to believe it'll end badly.”
• Squawk on the Street on X: ""America loves financial manias,"
• Microsoft is going nuclear to power its AI ambitions — Microsoft is looking at next-generation nuclear reactors to power its data centers and AI, according to a new job listing for someone to lead the way.
• Sam Altman in conversation with StrictlyVC - YouTube — We talked at length about his work, OpenAI's mission, and some of the criticisms that the young outfit is facing. We had fun, talking with him for this extended sit-down; hope you'll enjoy it, too.
• The AI summer — Hundreds of millions of people have tried ChatGPT, but most of them haven’t been back.
• Qualcomm’s Snapdragon X CPUs make Windows on Arm a viable platform — We tested every Snapdragon X chip against the Intel Core Ultra, AMD Ryzen 8000, and Apple M3.

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Links:

• Picture of Mike's Birthday Podcasting Setup 🐧
• Nonsense on Stilts — No, LaMDA is not sentient. Not even slightly.
• OK if not Access, then what? — As a regular listener - at least in the last almost year now - I've heard fun comments around MS Access...but more seriously, what would be today's (ideally open source, or at least better) equivalent?
• Managed PostgreSQL and MongoDB are Here — With the addition of PostgreSQL and MongoDB, we now offer SQL and NoSQL database options to scale based on your architecture design.
• Inflation Chart — Since the COVID19 pandemic started, the printing has gone to a whole different level though. The M1 money supply has almost doubled since. What that means for inflation is heavily argued about by different sides.
• Truflation Dashboard
• Tesla's Musk feels 'super bad' about economy — Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.
• Digital Mortgage Startup Tomo Lays Off One-Third of Staff — A total of 44 employees were let go, Insider reported Tuesday.
• Revoking job offers is an increasingly common cost-cutting strategy — HR leaders are now looking at this as a cost-cutting strategy, she says. "A lot of people who never thought this was an option, it has now become an option."
• There’s a major recession signal everybody is missing: small businesses cutting spending as they prepare for the worst — “Small businesses are able to meet local demands and local idiosyncrasies in the markets that the larger companies just can’t meet,” Audretsch says. Despite their more limited resources, he adds, small businesses can be more flexible and responsive to shifts in markets and in demand than their larger counterparts.
• Milton Friedman - Understanding Inflation - YouTube — The professor provides an explanation of the origins of money as well as the cause and cure for inflation
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