Another week on the road meeting with a couple dozen IT and AI leaders from large enterprises across banking, media, retail, healthcare, consulting, tech, and sports, to discuss agents in the enterprise.

Some quick takeaways:

* Clear that we’re moving…

The Return of Rimland

A bunch of people have written me back saying this was the best newsletter I have ever sent (flattering) ... so here it is for those who don't subscribe: AI Is Not a Labor Crisis. It Is a Meaning Crisis.

i didn’t realize how bad it was until i saw this comment section on instagram

NEW: Ramp AI Index out today with FT @tryramp

- Anthropic will surpass OpenAI in adoption within a month or so
- Businesses shrugged off the DoD security designation

Thin Harness, Fat Skills

Trump is clearly in step 5 of his negotiating playbook, leaving the Iranians at the altar right when both sides were reportedly “inches away” from a deal in order to create maximum pressure.

The problem is that both Iran and markets can see straight through…

1/10 The U.S. naval blockade of the Strait of Hormuz would cost Iran approximately $276M/day in lost exports and disrupt $159M/day in imports, a combined economic damage of ~$435M/day, or $13B/month.

Over 90% of Iran's $109.7B in annual trade transits the…

Jeffrey Yan turned down $100 million, airdropped billions to strangers, and can’t travel without a bodyguard. The story of how he built Hyperliquid,

It looks like bridged $DOT by @Polkadot has just been exploited on Ethereum!

Admin changed to the attacker's contract, 1 BILLION DOT minted and immediately dumped. Price went from $1.22 to almost zero. And it looks like the bridge is just allowing infinite…

This is wonderful. Will buy all of these this week. 60-90% off their highs. Perfect opp.

Anyone who thinks the average company is going to waste time recreating all this software and hosting it and maintaining it are high on their own supply.

The golden…

The US social mood is turning dramatically negative on AI

The garage opens tomorrow.

Elfa never looks away.

#CertiKInsight 🚨

We have seen an exploit on the @hyperbridge gateway contract.
https://t.co/h27iDm1JGd

The attacker slipped through a forged message to change the admin of Polkadot token contract on Ethereum and profited ~$237K from minting and selling…

You need to be bored. Here's why.

Being bored can lead you to ask big questions (eg. what is the meaning of life?), which are beneficial and important in attaining happiness. The current explosion in mental health issues such as depression is largely due…

Introducing: Nothing Ever Happens

A @Polymarket bot that automatically buys "No" for every non-sports market and holds to resolution.

Why predict the future when 73.4% of all Polymarkets resolve as No? Stop over thinking it. Nothing Ever Happens.

http…

Let me put some numbers behind @tradexyz:

- It has gone from $4.4B monthly volume in November to $56.8B in March
- It gathers 90% of HIP-3 volume
- 5 out of the top 10 pairs on @HyperliquidX are their markets
- $45M annualized revenue

At HL's P/E multiple…