BREAKING: The average price of US ground beef rises +13% YoY in May to a record $7.06 per pound, with prices now up +58% since 2020.
Steak prices surged +16% YoY to $12.80 per pound, the 2nd-highest on record.
This comes as the US cattle herd has shrunk to its lowest in 75 years, with drought conditions, elevated production costs, and a New World screwworm outbreak in Texas limiting supply recovery.
Meanwhile, nearly 80% of US cattle are currently located in areas facing dryness or drought, threatening to keep beef prices elevated well into 2027.
American consumers are paying record prices for beef.
Migrants are now celebrating the attempted beheading of an innocent Irish man, with one African woman being recorded reenacting the attack by mimicking the stabbing motions in the air before lying on the ground and acting out the aftermath of the attack.
My interview from TED with @kcoleman and @audreyt just went live!
Tons of gold in here:
-why we stuck with crazy principles like not having an override button
-how AI and humans collaborate to write better/more notes than either on their own
-how much impact community notes are making
-why our algorithm is smarter than regular upvoting/downvoting
-new ideas for finding common ground on social media
I am watching the market today, and the panic selling hitting Super Micro Computer $SMCI is an absolute, multi generational buying opportunity.
The market is completely overreacting to short-term margin noise, entirely missing the physical reality on the ground. There is simply not enough compute in the world, and the demand is never going away. 🧵
The next generation of AI builders brought the energy. 🦞
Jensen stopped by @SeoulNatlUni for a Build-a-Claw pop-up, packed with students, developers, and AI researchers building intelligent agents from the ground up.
Elon Musk says space will be the cheapest place to run AI within 36 months.
No day-night cycle. No atmosphere losses. Solar panels that output 5x more than on the ground.
THE ENERGY PROBLEM FOR AI ISN'T SOLVED ON EARTH.