The Social Community forThe Most Important Thing

C ybersecurity stocks have surged in 2026—the S&P Kensho cybersecurity index is up 41% compared to 11% for the S&P 500—driven by investor optimism around AI security threats. However, companies like CrowdStrike and Okta trade at historical premium multiples despite limited evidence of AI-boosted revenue. https://www.theinformation.com/articles/crowdstrike-okta-trade-big-premiums-despite-unproven-ai-payoff?offer=rtsu-engagement-25%2Crtsu-featured-articles-pro&utm_campaign=%5BClaude%5D+RTSU%3A+Crowd&utm_content=15123&utm_medium=email&utm_source=cio&utm_term=10481&rc=gzsl71

Nica took a screenshot of the discussion · 2 weeks ago

Anthropic, OpenAI and other upstarts are grabbing a bigger share of corporate software budgets (https://www.theinformation.com/articles/new-data-show-anthropic-openai-upstarts-eating-software-budgets?offer=rtsu-engagement-25%2Crtsu-featured-articles-pro&cio_link_id=eyJlbWFpbF9pZCI6ImRnU2kwUVlEQUplSkJwYUpCZ0dneWxXbjRqQmxrQUdSRHBaS092bz0iLCJocmVmIjoiaHR0cHM6Ly93d3cudGhlaW5mb3JtYXRpb24uY29tL2FydGljbGVzL25ldy1kYXRhLXNob3ctYW50aHJvcGljLW9wZW5haS11cHN0YXJ0cy1lYXRpbmctc29mdHdhcmUtYnVkZ2V0cz9vZmZlcj1ydHN1LWVuZ2FnZW1lbnQtMjUlMkNydHN1LWZlYXR1cmVkLWFydGljbGVzLXByb1x1MDAyNmNpb19saW5rX2lkPUNJTy0tTElOS0lEXHUwMDI2dXRtX2NhbXBhaWduPSU1QkNsYXVkZSU1RCslNUJOTCU1RCtSVFNVJTNBXHUwMDI2dXRtX2NvbnRlbnQ9MTUzMDdcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsXHUwMDI2dXRtX3NvdXJjZT1jaW9cdTAwMjZ1dG1fdGVybT0xMDQ5OSIsImludGVybmFsIjoiYTJkMTA2MDM4NjRhOTc4OTA2IiwibGlua19pZCI6MTExMjk4fQ__2516cdde8da43c578ea97c8bc1900b555aca890edd984c90df3064f929cf74b3&utm_campaign=%5BClaude%5D+%5BNL%5D+RTSU%3A&utm_content=15307&utm_medium=email&utm_source=cio&utm_term=10499), new data show. #Data is beautiful

SpaceX’s Starship reached orbit for the first time, a pivotal technical milestone for the reusable heavy-lift rockets. #SpaceX 🚀 #Space law https://techcrunch.com/2026/09/28/spacexs-starship-rocket-reaches-orbit-for-the-first-time/?_bhlid=90b660f5589b5784f62d8890ceb208617ce74db4

Worries that Waymo will take business from Uber have pummeled the stock this year. But sellers are overlooking the value of its delivery business. #The Most Important Thing Sellers are overreacting. Uber can still sustain rapid growth and expand its profit margins while staying competitive in the autonomous-driving race #Auto Future in the years to come. https://www.theinformation.com/articles/uber-bears-taken-wrong-turn?offer=rtsu-engagement-25%2Crtsu-featured-articles-pro&utm_campaign=%5BClaude%5D+RTSU%3A+Uber&utm_content=14538&utm_medium=email&utm_source=cio&utm_term=10159&rc=gzsl71

Two Chinese DRAM ventures launched in 2016 with government backing. A decade later, ChangXin Memory Technologies (CXMT) and Fujian Jinhua (JHICC) offer sharply different stories about what it takes to build a memory chip business under U.S. technology restrictions. #Podcasts We ❤️ #🇨🇳 ChinA.I. 🤖🧠🦾🤖 #Artificial Intelligence #A Glance of China 行摄中国 https://voiceofcontext.substack.com/p/how-us-tech-restrictions-helped-build?utm_source=multiple-personal-recommendations-email&utm_medium=email&triedRedirect=true

Apple unveiled a much anticipated foldable iPhone at its first product launch featuring brand-new Chief Executive John Ternus. #Gadgets The iPhone Duo is Apple’s first foldable smartphone—a product category that competitors have been selling for years, but has remained mostly a smaller, niche part of the broader market. While folded, the Duo is around the size of a passport and can fit easily in one hand, with an exterior screen. It unfolds to a length of a 7.6-inch display, closer to the size of an iPad. A video showed how users could use two apps at once while unfolded—texting in iMessage while watching a video, for example. Developers could adapt their apps to fit the new format, such as Netflix letting users browse videos clips on the outer display while closed and then opening up the Duo for the full-video experience. The Duo starts at $1,999 for a version with 256 gigabytes of storage and climbs to a whopping $3,199 for one with  2 terabytes. Apple also unveiled the iPhone 18 Pro, starting at $1,199, and 18 Pro Max, starting at $1,299. That’s $100 more than the prior generation’s Pro models, a price hike the company forecasted publicly a few few months ago that it would need to compensate for surging costs for memory and storage chips. At the beginning of the pre-recorded video, Ternus repeatedly talked about the “intelligent personal hub,” a new term Apple is invoking to describe how AI is used to understand users’ personal context. “There’s no product in the world better designed to be your intelligent personal hub than iPhone,” Ternus said, touting Apple’s on-device AI and privacy features. He also added: “Others see that data as something to collect and store. They move it to their servers and ask you to trust them. But honestly, trust only goes so far when your data is no longer yours to control. ” Apple has long emphasized its privacy practices but it is especially focused these days on OpenAI, which aims to launch a family of new AI devices, starting with a portable speaker and later phone sometime in the future. Apple sued OpenAI in July, alleging theft of trade secrets alongside its aggressive poaching of Apple employees with backgrounds in hardware engineering and operations. OpenAI has denied the claims. https://www.apple.com/newsroom/2026/09/apple-unveils-iphone-duo/

Anthropic’s economists think we can maybe keep our jobs What happened:  Anthropic economists released a new interactive model (https://www.anthropic.com/institute/econ-scenarios?ref=platformer.news) of AI-based economic disruption. The model takes in predictions about the trajectory of AI capabilities and outputs scenarios about how the economy and jobs will fare in 2030 as a result. The researchers present a “moderate,” a “substantial,” and an “extreme” scenario. Interestingly, the team’s “extreme” scenario, which predicts GDP growth rising to a truly bonkers 15.4% per year in 2030, would lead to an 8.9% increase in unemployment from AI.  Meanwhile, their “substantial” scenario, which relies on AI predictions based on a recent survey of 10,000 Americans, predicts a still-high 5.4% growth rate in 2030, but only an 0.7% increase in unemployment from AI. The forecasts are substantially more conservative than the warnings CEO Dario Amodei has issued regarding AI-related unemployment. Last year, Amodei told Axios (https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic?ref=platformer.news) that he worries about a scenario where “Cancer is cured, the economy grows at 10% a year, the budget is balanced — and 20% of people don't have jobs.” Why we’re following: It’s interesting to see Anthropic’s economists being (relatively) optimistic here. One reason why: they expect AI-related economic growth to increase demand and wages for manual labor, offsetting losses in computer-based work like software engineering. One of the authors' main conclusions, though, is that, given a range of all seemingly reasonable parameters, “the range of outcomes is wide.” So we could see a scenario with substantial growth and modestly higher unemployment, or crazy growth and crazy unemployment.

D J took a screenshot of this post and discussion · 3 weeks ago

"After experiencing Cybercab for the past few days in Austin, I think the biggest thing people are missing is the zero-sum game built into Uber. #Auto Future You have two people sharing one environment, with different preferences. The driver likes the temperature at 66. I want 72. If I get more comfortable, he gets less comfortable. He likes his music. I want mine. He wants the windows open. I want them closed. I take a few extra minutes getting to the car, and those are minutes another human spends waiting for me. There’s this constant little tug of war. My comfort and convenience can come at the expense of his. And I don’t blame the driver. It’s his working environment. He’s in that car all day. Of course he has preferences. That’s why I just let him play whatever music he wants. I don’t want my comfort to come at his expense. We’ve gotten so accustomed to this that we barely notice the tension anymore. Then you take a Cybercab. I set the temperature to 72. Nobody gets less comfortable. I play my Spotify at the volume I want. Nobody has to give up their music. I grab my Starbucks and take a couple of minutes to walk over, within the pickup window. Nobody is sitting there getting irritated with me. The car has no competing preferences. That is a profound change in the experience. I can optimize the ride around what makes me comfortable without asking another person to sacrifice what makes them comfortable. And you feel it. You get in, lean back, and relax. There’s no negotiation. No wondering whether your request is going to annoy someone. That whole layer of social tension disappears. I think this is a huge part of Cybercab’s value. Removing that zero-sum dynamic changes what the service feels like at its core. Once people experience that, I think a lot of them are going to have a very hard time going back to Uber." https://x.com/davelee/status/2097809911635697767?s=20&_bhlid=2a318119323655c0bd0c50e5a407c04c1585a51d

Shares of Chinese online fashion giant Shein ended flat on its first day of trading on the Hong Kong stock exchange, capping off the company’s convoluted multiyear quest to go public. Shein’s shares opened at HK$48.56 on Tuesday, and dropped as much as 10% before shedding the losses and closing at HK$48.5, according to Hong Kong stock exchange data. By comparison, the benchmark Hang Seng Index dipped 0.93%. As of Tuesday market close, Shein had a market capitalization of $26 billion, a far cry from the height of $100 billion reached during a private funding round in 2022. The company raised HK$13.6 billion ($1.7 billion) in the initial public offering. Shein for years tried to downplay its China roots and position itself as a global company, as its fashionable, ultracheep clothing gained popularity among consumers in the West. The company tried to go public in both New York and London, but the attempts were thwarted by criticism against its labor and environment practices and China’s straining ties with the U.S. Wearing a white, Shein-branded T-shirt like other employees, Sky Xu, the company’s elusive founder and CEO, attended the listing ceremony in Hong Kong but stayed out of the limelight most of the time. He didn’t deliver a speech or participate in the iconic Hong Kong-style gong-striking ritual on stage to mark the beginning of trading. Shein’s employees struck the gong and CFO Leigh Gui delivered a short speech. https://www.reuters.com/legal/transactional/shein-set-lacklustre-debut-after-setbacks-cause-huge-drop-valuation-2026-08-31/

PayPal shares tumbled 12% on Friday after that report....