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The fact that ITC started diversifying away from its main tobacco business into hotels and other businesses after almost 70 years of existence was an immense feat of foresight. Especially considering ITC was never a founder-driven company. They knew tobacco was extremely harmful to health and addictive. When something...

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Nithin Kamath

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158,948 views • 5 days ago •via X (Twitter)

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Former President Trump announced that he will create a government efficiency commission led by Elon Musk. Let’s not forget that “government efficiency” is an oxymoron. Government can't rationally economize, like the rest of us. Its decisions are made politically, and not by profits and losses. Government is not like an individual, or a business. We don’t voluntarily give our money to the government. It takes our money by force. No individual or business has that ability. Unless, of course, they get the government to steal money on their behalf. But normal people and companies cannot just steal money, and call it "revenues." So government can never be “efficient." It can, however, be a lot smaller and less of a burden on us. Considering that the U.S. federal government is the biggest government in the history of the world, the room to cut its size shouldn't be very hard to do. Watch below:
23:25

Former President Trump announced that he will create a government efficiency commission led by Elon Musk. Let’s not forget that “government efficiency” is an oxymoron. Government can't rationally economize, like the rest of us. Its decisions are made politically, and not by profits and losses. Government is not like an individual, or a business. We don’t voluntarily give our money to the government. It takes our money by force. No individual or business has that ability. Unless, of course, they get the government to steal money on their behalf. But normal people and companies cannot just steal money, and call it "revenues." So government can never be “efficient." It can, however, be a lot smaller and less of a burden on us. Considering that the U.S. federal government is the biggest government in the history of the world, the room to cut its size shouldn't be very hard to do. Watch below:

Ron Paul

180,908 views • 2 years ago

Satya Nadella just clarified the Microsoft open Ai deal and the terms what they signed for Azure. Here is exactly how he breaks down the partnership How it was Essentially think of OpenAI having a PaaS business and a SaaS business. The SaaS business is ChatGPT. Their PaaS business is their API. That API is Azure exclusive. The SaaS business, they can run it anywhere. If they want a partner and that partner wants to use a stateless API, then Azure is the place where they can get the stateless API. for even that they'll have to come to Azure. For any custom agreement like that. There are some few exceptions, the US government and so on, that we made, but other than that, they'd have to come to Azure. Open Ai can host there Chat Gpt consumer app wherever they want there wish but when it comes to developers or enterprise want to build on top of Open Ai models Microsoft owned the pipeline.
3:11

Satya Nadella just clarified the Microsoft open Ai deal and the terms what they signed for Azure. Here is exactly how he breaks down the partnership How it was Essentially think of OpenAI having a PaaS business and a SaaS business. The SaaS business is ChatGPT. Their PaaS business is their API. That API is Azure exclusive. The SaaS business, they can run it anywhere. If they want a partner and that partner wants to use a stateless API, then Azure is the place where they can get the stateless API. for even that they'll have to come to Azure. For any custom agreement like that. There are some few exceptions, the US government and so on, that we made, but other than that, they'd have to come to Azure. Open Ai can host there Chat Gpt consumer app wherever they want there wish but when it comes to developers or enterprise want to build on top of Open Ai models Microsoft owned the pipeline.

Vikram M

102,664 views • 25 days ago

American nurse speaks out about our healthcare system “Let me be the first nurse to tell you that this medical system is not built to make you better. It is not broken. It is literally designed as a business model to keep people sick. And I know this is going to make a lot of nurses and doctors upset. It's the reality. It's what's happening in front of our faces. This is a business model to keep people coming back. It's the fact that we can't be honest with our patients is the reason that this business model is working.” “Their business model is literally keep people sick, keep them on a medication, keep telling them surgery is the answer. I know so many people who are on lifetime medications who've had multiple surgeries and who are not living their life.”
1:43

American nurse speaks out about our healthcare system “Let me be the first nurse to tell you that this medical system is not built to make you better. It is not broken. It is literally designed as a business model to keep people sick. And I know this is going to make a lot of nurses and doctors upset. It's the reality. It's what's happening in front of our faces. This is a business model to keep people coming back. It's the fact that we can't be honest with our patients is the reason that this business model is working.” “Their business model is literally keep people sick, keep them on a medication, keep telling them surgery is the answer. I know so many people who are on lifetime medications who've had multiple surgeries and who are not living their life.”

Wall Street Apes

82,875 views • 6 months ago

$GOOG's Ruth Porat says the biggest risk in the AI buildout is the ROI question, and focusing on short-term tactics at the cost of building a great company. "I think the biggest risk for everyone is when the question is asked, which it often is, how do you get to an ROI? That's going to force our teams to do something short-term and tactical. You can always do a cost cut to get something to drop to the bottom line, and that is not a way to build a great company." "So I think the risk is don't be so in the moment maniacally focused on what is it, but have a right mix of an engine that's continuing to drive the business, which also explains why you need to start building early for growth so that you can grow into it." ____ Follow Fireside Alpha for more daily highlights of key business and technology conversations.
0:32

$GOOG's Ruth Porat says the biggest risk in the AI buildout is the ROI question, and focusing on short-term tactics at the cost of building a great company. "I think the biggest risk for everyone is when the question is asked, which it often is, how do you get to an ROI? That's going to force our teams to do something short-term and tactical. You can always do a cost cut to get something to drop to the bottom line, and that is not a way to build a great company." "So I think the risk is don't be so in the moment maniacally focused on what is it, but have a right mix of an engine that's continuing to drive the business, which also explains why you need to start building early for growth so that you can grow into it." ____ Follow Fireside Alpha for more daily highlights of key business and technology conversations.

Fireside Alpha

38,361 views • 1 month ago

Yes, Prime Minister at its best. The subject is a smoking ban using high taxes and an advertising ban. But the govt is addicted to tobacco taxes and with a packet of 20 being £20, we have a thriving black market. KPMG estimates that illicit or counterfeit products are over 50% of the UK market, driven by a steep 52% drop in legal sales between 2021 and 2025.
3:59

Yes, Prime Minister at its best. The subject is a smoking ban using high taxes and an advertising ban. But the govt is addicted to tobacco taxes and with a packet of 20 being £20, we have a thriving black market. KPMG estimates that illicit or counterfeit products are over 50% of the UK market, driven by a steep 52% drop in legal sales between 2021 and 2025.

David Atherton

23,930 views • 3 days ago

'The biggest thing that would help hospitality and keep it alive and keep it surviving is a reduction in VAT' Chef Tom Kerridge spoke to #BBCBreakfast after the Government announced pubs and music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years
2:15

'The biggest thing that would help hospitality and keep it alive and keep it surviving is a reduction in VAT' Chef Tom Kerridge spoke to #BBCBreakfast after the Government announced pubs and music venues in England will be given a 15% discount on their business rates bills from April and will not see increases for two years

BBC Breakfast

42,782 views • 7 months ago

🚨ELON MUSK: "I thought Marxism was a dead philosophy but its alive and well in our educational institutions. Part of it is that you have a lot of colleges with these giant endowments that insulate them from reality. So you can have this fake Communist Utopia at a university because they don't have any feedback loop to reality because they have these giant endowments (and government funding too), so that allows them to be disconnected from the realities of the free market. They take advantage of the free market, but they live in a pseudo communist world. How often do we need to run the Communism experiment? It should be very obvious that the economic philosophy that is the good one is the one that does not need to build walls to keep people IN. North Korea builds walls to keep people in. East Germany had to build walls to keep people from going to West Germany. The philosophy that has to build walls to keep people in, is the bad one. And yet you see a resurgence of it, over and over again."
1:50

🚨ELON MUSK: "I thought Marxism was a dead philosophy but its alive and well in our educational institutions. Part of it is that you have a lot of colleges with these giant endowments that insulate them from reality. So you can have this fake Communist Utopia at a university because they don't have any feedback loop to reality because they have these giant endowments (and government funding too), so that allows them to be disconnected from the realities of the free market. They take advantage of the free market, but they live in a pseudo communist world. How often do we need to run the Communism experiment? It should be very obvious that the economic philosophy that is the good one is the one that does not need to build walls to keep people IN. North Korea builds walls to keep people in. East Germany had to build walls to keep people from going to West Germany. The philosophy that has to build walls to keep people in, is the bad one. And yet you see a resurgence of it, over and over again."

Autism Capital 🧩

11,140,965 views • 1 year ago

How can OpenAI with $13 billion in revenues make $1.4 trillion of spend commitments? (Source: Bg2 Pod ) Sam Altman: “First of all. We’re doing well more revenue than that. Second of all, Brad, if you want to sell your shares, I'll find you a buyer. I just, enough. I think there's a lot of people who would love to buy OpenAI shares. I think people who talk with a lot of breathless concern about our compute stuff or whatever, that would be thrilled to buy shares. So I think we could sell your shares or anybody else's to some of the people who are making the most noise on Twitter about this very quickly. We do plan for revenue to grow steeply. Revenue is growing steeply. We are taking a forward bet that it's going to continue to grow and that not only will ChatGPT keep growing, but we will be able to become one of the important AI clouds, that our consumer device business will be a significant and important thing, that AI that can automate science will create huge value. There are not many times that I want to be a public company, but one of the rare times it's appealing is when those people are writing these ridiculous OpenAI is about to go out of business. I would love to tell them they could just short the stock, and I would love to see them get burned on that. But we carefully plan. We understand where the technology, where the capability is going to grow and how the products we can build around that and the revenue we can generate. We might screw it up. This is the bet that we're making and we're taking a risk along with that. A certain risk is if we don't have the compute, we will not be able to generate the revenue or make the models at this kind of scale.” Satya Nadella: “And let me just say one thing as both a partner and an investor. There is not been a single business plan that I've seen from OpenAI that they've put in and not beaten it. So in some sense, this is the one place where in terms of their growth and just even the business, it's been unbelievable execution, quite frankly. I mean, obviously, OpenAI, everyone talks about all the success and the usage and what have you. But even I'd say all up, the business execution has been just pretty unbelievable.”
2:19

How can OpenAI with $13 billion in revenues make $1.4 trillion of spend commitments? (Source: Bg2 Pod ) Sam Altman: “First of all. We’re doing well more revenue than that. Second of all, Brad, if you want to sell your shares, I'll find you a buyer. I just, enough. I think there's a lot of people who would love to buy OpenAI shares. I think people who talk with a lot of breathless concern about our compute stuff or whatever, that would be thrilled to buy shares. So I think we could sell your shares or anybody else's to some of the people who are making the most noise on Twitter about this very quickly. We do plan for revenue to grow steeply. Revenue is growing steeply. We are taking a forward bet that it's going to continue to grow and that not only will ChatGPT keep growing, but we will be able to become one of the important AI clouds, that our consumer device business will be a significant and important thing, that AI that can automate science will create huge value. There are not many times that I want to be a public company, but one of the rare times it's appealing is when those people are writing these ridiculous OpenAI is about to go out of business. I would love to tell them they could just short the stock, and I would love to see them get burned on that. But we carefully plan. We understand where the technology, where the capability is going to grow and how the products we can build around that and the revenue we can generate. We might screw it up. This is the bet that we're making and we're taking a risk along with that. A certain risk is if we don't have the compute, we will not be able to generate the revenue or make the models at this kind of scale.” Satya Nadella: “And let me just say one thing as both a partner and an investor. There is not been a single business plan that I've seen from OpenAI that they've put in and not beaten it. So in some sense, this is the one place where in terms of their growth and just even the business, it's been unbelievable execution, quite frankly. I mean, obviously, OpenAI, everyone talks about all the success and the usage and what have you. But even I'd say all up, the business execution has been just pretty unbelievable.”

tae kim

1,566,511 views • 10 months ago

Stephen A. Smith admits the media has “NO BUSINESS” covering politics if they can’t admit when Trump does something right. “I hate to do this, but in this regard, I will come to the defense of the president.” “When he does something right, they won’t admit it.” “THAT’S WRONG!” “My disdain is not going to be of such an ilk that I can’t say anything when he does something right. You have no business being a member of the media if you can’t do that.” “Now, I don’t need no damn lectures from Pete Hegseth… but it is true. The bias is palpable. It’s real, and it’s excessive.” “And nobody in the media has any business doing that.”
1:30

Stephen A. Smith admits the media has “NO BUSINESS” covering politics if they can’t admit when Trump does something right. “I hate to do this, but in this regard, I will come to the defense of the president.” “When he does something right, they won’t admit it.” “THAT’S WRONG!” “My disdain is not going to be of such an ilk that I can’t say anything when he does something right. You have no business being a member of the media if you can’t do that.” “Now, I don’t need no damn lectures from Pete Hegseth… but it is true. The bias is palpable. It’s real, and it’s excessive.” “And nobody in the media has any business doing that.”

The Vigilant Fox 🦊

179,236 views • 5 months ago

Tax expert explains how his client SURVIVED an IRS audit for writing off a yacht that Kobe and Shaq went on “I said, ‘Okay, that sounds legitimate, but what's the proof that you’re actually making money from this and this is an actual business vehicle?’ “She’s like, ‘Well, one, here are my clients on the boat,’ and she pulls open her phone and shows me that. Very impressed. Pretty cool to see those photos of Kobe and Shaq. But what was more impressive was that she showed me a logbook that her captain has. Her captain keeps a logbook of every single person that comes on and off of the boat in chronological order. With the logbook that her captain had, photos, receipts of her purchasing the vehicle, and the transactions that occurred from her being a realtor that year, we went into the audit. I used one tax code in that audit: Code Section 162(a). That states a business owner can take a business deduction if the deduction is ordinary in nature to the business owner, necessary in nature to the business owner, and reasonable in nature to the business owner in the pursuit of income. Slid this over to the IRS auditor. It was in our office, by the way. The audit happened in our office. The auditor said, "She knows Kobe? Wow, this is so cool." The audit was over in five minutes, and we were talking about the Lakers.”
2:41

Tax expert explains how his client SURVIVED an IRS audit for writing off a yacht that Kobe and Shaq went on “I said, ‘Okay, that sounds legitimate, but what's the proof that you’re actually making money from this and this is an actual business vehicle?’ “She’s like, ‘Well, one, here are my clients on the boat,’ and she pulls open her phone and shows me that. Very impressed. Pretty cool to see those photos of Kobe and Shaq. But what was more impressive was that she showed me a logbook that her captain has. Her captain keeps a logbook of every single person that comes on and off of the boat in chronological order. With the logbook that her captain had, photos, receipts of her purchasing the vehicle, and the transactions that occurred from her being a realtor that year, we went into the audit. I used one tax code in that audit: Code Section 162(a). That states a business owner can take a business deduction if the deduction is ordinary in nature to the business owner, necessary in nature to the business owner, and reasonable in nature to the business owner in the pursuit of income. Slid this over to the IRS auditor. It was in our office, by the way. The audit happened in our office. The auditor said, "She knows Kobe? Wow, this is so cool." The audit was over in five minutes, and we were talking about the Lakers.”

The Iced Coffee Hour

49,686 views • 3 months ago

Government has no money. We don't take anything called 'government money' in. We only take money from ordinary men and women in to be spent by government. If we take in more to spend, it means they don't have it to spend, so the amount of demand is the same in the economy. But let's just try to see for a moment where jobs come from: Jobs come from business. Business comes from pleasing the customer. This is why we have put so much emphasis on small business. In the end, we rely on the wealth-creating sector, the private sector, to create the jobs and create the business from which we pay the tax to keep the public services going.
2:04

Government has no money. We don't take anything called 'government money' in. We only take money from ordinary men and women in to be spent by government. If we take in more to spend, it means they don't have it to spend, so the amount of demand is the same in the economy. But let's just try to see for a moment where jobs come from: Jobs come from business. Business comes from pleasing the customer. This is why we have put so much emphasis on small business. In the end, we rely on the wealth-creating sector, the private sector, to create the jobs and create the business from which we pay the tax to keep the public services going.

Margaret Thatcher

97,141 views • 5 days ago

Dana White says they were $44,000,000 in debt and ready to sell the UFC for $8,000,000 but his partner called back and said f*ck it, let's keep going "One day, I was at the office and Lorenzo called me, and he's like, I can't keep doing this. Me and my brother can't keep funding this thing. It's getting bad. So I need you to go out and see what you could sell this thing for" "So I thought it was over. I started making phone calls that day, and at the end of the day I called him back and said we could probably get $7 or $8 million for this thing, in my opinion" "And he's like, Alright. I'll call you tomorrow. And I thought it was over. And the next day I'm driving to work, and Lorenzo calls me, and this is literally quote what he said: F*ck it, let's keep going" "I don't remember when that was, but I remember it like it was yesterday"
0:50

Dana White says they were $44,000,000 in debt and ready to sell the UFC for $8,000,000 but his partner called back and said f*ck it, let's keep going "One day, I was at the office and Lorenzo called me, and he's like, I can't keep doing this. Me and my brother can't keep funding this thing. It's getting bad. So I need you to go out and see what you could sell this thing for" "So I thought it was over. I started making phone calls that day, and at the end of the day I called him back and said we could probably get $7 or $8 million for this thing, in my opinion" "And he's like, Alright. I'll call you tomorrow. And I thought it was over. And the next day I'm driving to work, and Lorenzo calls me, and this is literally quote what he said: F*ck it, let's keep going" "I don't remember when that was, but I remember it like it was yesterday"

katsu

1,723,896 views • 2 months ago

Zack Polanski, "Why is it so important that any of us speak up for the Palestinians?" Hannah Spencer, "We can see when one group of people is being targeted and dehumanised and oppressed, that can happen to any group" "If our Labour government is so willing to play a part in that it is worrying for us all" "I didn't know about Palestine and Gaza. I felt these issues are so complex they go back so long" "But then I was like, I see what's in front of me, what's happening with my own eyes" "And that's a reason to stand up and say something" "In the council we had a motion about Palestine and Gaza and we got criticism from other parties about it, and people turned up to jeer at us from upstairs. When I stood up people were hissing at me" "And I thought, the feeling I have right now of doing this is absolutely nothing compared to the people in Gaza who are going to sleep under a sky of bombs from the Israeli government" "Of course it is difficult for me but its nothing compared to what other people are suffering" "So much of it is about doing the right thing"
1:56

Zack Polanski, "Why is it so important that any of us speak up for the Palestinians?" Hannah Spencer, "We can see when one group of people is being targeted and dehumanised and oppressed, that can happen to any group" "If our Labour government is so willing to play a part in that it is worrying for us all" "I didn't know about Palestine and Gaza. I felt these issues are so complex they go back so long" "But then I was like, I see what's in front of me, what's happening with my own eyes" "And that's a reason to stand up and say something" "In the council we had a motion about Palestine and Gaza and we got criticism from other parties about it, and people turned up to jeer at us from upstairs. When I stood up people were hissing at me" "And I thought, the feeling I have right now of doing this is absolutely nothing compared to the people in Gaza who are going to sleep under a sky of bombs from the Israeli government" "Of course it is difficult for me but its nothing compared to what other people are suffering" "So much of it is about doing the right thing"

Farrukh

25,917 views • 6 months ago

When the Government announced its social media ban for under-16s, it published an indicative list of platforms that included Facebook, Instagram and X. BlueSky was nowhere to be seen. The Government has since rowed back, insisting that it was only an indicative list. We think it is more than a coincidence that these perceived centre-right platforms were included from the outset, while the left-leaning platform was omitted. In Australia, where this Government borrowed the idea for the ban, BlueSky was not on the list. In typical fashion, however, it has since volunteered to be included. Once Ofcom has finalised the regulations, we will have a clearer idea of what qualifies a platform for the ban. In the latest episode of the FSU Podcast, Lord Young argues that the initial decision not to include BlueSky points to something quite alarming: that this is a selective ban. The problem with a selective ban is whether Ofcom can genuinely be trusted to make politically impartial decisions that do not benefit the Government of the day. That concern is particularly pertinent at the moment, given that the Government is pushing through legislation to give 16-year-olds the vote. Watch the full episode of the FSU Podcast on the FSU YouTube channel 👇
1:27

When the Government announced its social media ban for under-16s, it published an indicative list of platforms that included Facebook, Instagram and X. BlueSky was nowhere to be seen. The Government has since rowed back, insisting that it was only an indicative list. We think it is more than a coincidence that these perceived centre-right platforms were included from the outset, while the left-leaning platform was omitted. In Australia, where this Government borrowed the idea for the ban, BlueSky was not on the list. In typical fashion, however, it has since volunteered to be included. Once Ofcom has finalised the regulations, we will have a clearer idea of what qualifies a platform for the ban. In the latest episode of the FSU Podcast, Lord Young argues that the initial decision not to include BlueSky points to something quite alarming: that this is a selective ban. The problem with a selective ban is whether Ofcom can genuinely be trusted to make politically impartial decisions that do not benefit the Government of the day. That concern is particularly pertinent at the moment, given that the Government is pushing through legislation to give 16-year-olds the vote. Watch the full episode of the FSU Podcast on the FSU YouTube channel 👇

The Free Speech Union

59,663 views • 1 month ago

The prognosis is in. Mr. Wonderful should’ve been a doctor because he just accurately diagnosed half the globe as cuckoo. And if you’ve ever been around someone crazy, you know there’s nothing you can do. So, when we hear Al Gore say he’s living under the Third Reich, he must really believe that because he believes he invented the internet. It’s people like Gore who can’t accept reality, who can’t accept that Donald J. Trump won. These people have convinced themselves that when they’re not in power, they’re going to die. Or, if you don’t do what they tell you to do, like buy an electric car, you’re going to die. But nobody’s dying. They keep saying we’re on the brink of a recession, but the CEO of Chevron says, “No, we’re not… we’re not even close.” They said the world was going to side with China, and China was going to eat our lunch. So why are countries flying here to do deals with us? They said we couldn’t just “shut down the border” without Congress. That was a lie—he did it. Trump is the first president in 40 years to cut waste, fraud, and abuse. Democrats are jealous that he’s doing things they ran on and never did. Their dirty little playbook was to say they were going to do stuff, never do it, and then keep running on it again and again so they can be politicians for life and then get rich insider trading and taking half the week off. But Trump’s fixing the problem and finding their fraud, so the jig is up. So, when they say the world is going to end, yes, their world is ending. Their reality is over, and they never thought it would happen, so they’re having a hard time coming to grips with reality.
10:45

The prognosis is in. Mr. Wonderful should’ve been a doctor because he just accurately diagnosed half the globe as cuckoo. And if you’ve ever been around someone crazy, you know there’s nothing you can do. So, when we hear Al Gore say he’s living under the Third Reich, he must really believe that because he believes he invented the internet. It’s people like Gore who can’t accept reality, who can’t accept that Donald J. Trump won. These people have convinced themselves that when they’re not in power, they’re going to die. Or, if you don’t do what they tell you to do, like buy an electric car, you’re going to die. But nobody’s dying. They keep saying we’re on the brink of a recession, but the CEO of Chevron says, “No, we’re not… we’re not even close.” They said the world was going to side with China, and China was going to eat our lunch. So why are countries flying here to do deals with us? They said we couldn’t just “shut down the border” without Congress. That was a lie—he did it. Trump is the first president in 40 years to cut waste, fraud, and abuse. Democrats are jealous that he’s doing things they ran on and never did. Their dirty little playbook was to say they were going to do stuff, never do it, and then keep running on it again and again so they can be politicians for life and then get rich insider trading and taking half the week off. But Trump’s fixing the problem and finding their fraud, so the jig is up. So, when they say the world is going to end, yes, their world is ending. Their reality is over, and they never thought it would happen, so they’re having a hard time coming to grips with reality.

Jesse Watters

178,059 views • 1 year ago