{"id":16343,"date":"2025-11-23T01:05:00","date_gmt":"2025-11-23T07:05:00","guid":{"rendered":"https:\/\/www.zmetro.com\/?p=16343"},"modified":"2025-11-23T08:10:13","modified_gmt":"2025-11-23T14:10:13","slug":"11-23","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=16343","title":{"rendered":"11.23"},"content":{"rendered":"\n<p>Everything is lock-in. The question engineers should be asking is not \u201chow do I avoid <a href=\"https:\/\/rcrowley.org\/2025\/everything-is-lock-in\/\">lock-in<\/a>?\u201d but rather \u201cwhat do I get in exchange for being locked in?\u201d It better be good.<\/p>\n\n\n\n<p>Full list of <a href=\"https:\/\/x.com\/teddyschleifer\/status\/1990969267030991100?s=12\">business leaders and politicians at tonight&#8217;s MBS<\/a> dinner:<\/p>\n\n\n\n<p>This car ?, the 2026 version of France&#8217;s Renault Twingo, is the first <a href=\"https:\/\/x.com\/rnaudbertrand\/status\/1990958738476569006?s=12\">Western car engineered in China and made in Europe<\/a> &#8211; a complete reversal of what used to be.<\/p>\n\n\n\n<p>The web has a superpower: <a href=\"https:\/\/blog.jim-nielsen.com\/2024\/the-subversive-hyperlink\/\">permission-less link sharing<\/a>.  I send you a link and as long as you have an agent, i.e. a browser (or a mere HTTP client), you can access the content at that link.  This ability to create and disseminate links is almost radical against the backdrop of today\u2019s platforms.  To some, the hyperlink is dangerous and must be controlled:<\/p>\n\n\n\n<p>If engineers are successful, it would <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2025-11-20\/shale-fracking-next-revolution-in-us-oil-should-worry-opec?utm_source=website&amp;utm_medium=share&amp;utm_campaign=twitter\">turn shale from a sprinter into a marathon runner<\/a>. The impact won\u2019t be another gusher, but a steady flow of barrels far longer into the future than the industry anticipated. And the more the US provides, the less other sources \u2014 above all, the OPEC+ cartel \u2014 can pump without undermining prices.<\/p>\n\n\n\n<p>Beyond this major upgrade, Blue Origin also announced other modifications intended to <a href=\"https:\/\/arstechnica.com\/space\/2025\/11\/blue-origin-says-its-just-getting-started-with-the-new-glenn-rocket\/\">improve the overall performance of the rocket<\/a>:<\/p>\n\n\n\n<p>Here&#8217;s all of the <a href=\"https:\/\/www.dropbox.com\/scl\/fo\/wpd4xu9bvblj8ow7bhw0q\/h?e=1&amp;noscript=1&amp;rlkey=ed0vtkpzwqsi637nto44ws6es&amp;dl=0\">lecture slides<\/a> from my Introduction to the Electricity Sector: Engineering, Economics and Regulation course, including lectures on wholesale markets. <a href=\"https:\/\/www.e-elgar.com\/shop\/usd\/handbook-on-electricity-markets-9781788979948.html\">Handbook<\/a> on Electricity Markets.<\/p>\n\n\n\n<p>He said that park rangers should have <a href=\"https:\/\/www.thetimes.com\/world\/latin-america\/article\/patagonia-blizzard-survivor-chile-snow-storm-3cd93jxzf\">assessed the weather to decide whether to close the treacherous<\/a> route they were taking, but were not working on the day of the incident because of mandatory voting in&nbsp;<a class=\"link__RespLink-sc-1ocvixa-0 csWvlP\" href=\"https:\/\/www.thetimes.com\/world\/latin-america\/article\/chile-election-jeannette-jara-jose-kast-south-america-3hx67gr8v\">Chile\u2019s presidential election<\/a>.<\/p>\n\n\n\n<p>The National Transportation Safety Board (NTSB) released its preliminary report of the UPS Boeing MD-11F <a href=\"https:\/\/leehamnews.com\/2025\/11\/20\/ntsb-issues-preliminary-report-of-ups-crash-with-dramatic-moment-engine-leaves-airplane\/\">accident<\/a> of Nov. 4 in Louisville (KY). Included are photos of the dramatic moment the No. 1 engine separated from the airplane, which had just lifted off on take-off.<\/p>\n\n\n\n<p>Interestingly, <a href=\"https:\/\/www.noahpinion.blog\/p\/the-future-of-war-is-the-future-of\">none of those big wars happened right after the key technologies were introduced<\/a>. There was always a substantial lag. Most of the bow and stirrup technologies that made the Mongols so fearsome were invented a millennium earlier by the Xiongnu (the predecessor of the Huns). Cannon and muskets were invented a century before the cataclysms of the 1600s. The World Wars saw rapid innovation, but the machine gun, the howitzer, the ironclad battleship, and other key technologies were pioneered earlier. There were constant incremental improvements in all of these technologies, of course, but it\u2019s unlikely that they reached some special threshold of lethality that caused wars to suddenly get much much bigger and deadlier.<\/p>\n\n\n\n<p>Halliburton is the cofounder and CEO of Sazmining, a company that operates&nbsp;bitcoin mining hardware&nbsp;on behalf of clients\u2014a model known as \u201c<a href=\"https:\/\/arstechnica.com\/information-technology\/2025\/11\/bonkers-bitcoin-heist-5-star-hotels-cash-filled-envelopes-vanishing-funds\/\">mining-as-a-service<\/a>.\u201d Halliburton is based in Peru, but Sazmining runs mining hardware out of third-party data centers across Norway, Paraguay, Ethiopia, and the United States. As Halliburton tells it, he had flown to Amsterdam the previous day, August 5, to meet Even and Maxim, two representatives of a wealthy Monaco-based family. The family office had offered to purchase hundreds of bitcoin mining rigs from Sazmining\u2014around $4m worth\u2014which the company would install at a facility currently under construction in Ethiopia. Before finalizing the deal, the family office had asked to meet Halliburton in person.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/x.com\/stekkerauto\/status\/1991783700900585632?s=46\">shift from combustion<\/a> engines to EVs is more than a power train change; it is an industrial revolution reducing vehicle production complexity and democratizing manufacturing. Foxconn&#8217;s &#8220;Android for EVs&#8221; platform, MIH, transforms automotive production into a service, effectively outsourcing the capital risk of establishing factories and complex supply chains.<\/p>\n\n\n\n<p><br \/>Valar Atomics has been criticized by nuclear experts for making exaggerated&nbsp;<a href=\"https:\/\/www.reddit.com\/r\/nuclear\/comments\/1jv3kc6\/ceo_of_valar_atomics_says_holding_their_fuel_a\/\" target=\"_blank\" rel=\"noreferrer noopener\">safety claims for its products<\/a>, even claiming a person could safely hold spent nuclear fuel from their reactors in their hands while receiving only a <a href=\"https:\/\/www.utahinvestigative.org\/who-is-valar-atomics\/\">mild dose of radiation<\/a>.&nbsp; This at the same time they announced they were joining a&nbsp;<a href=\"https:\/\/journaliststudio.google.com\/pinpoint\/document-view?collection=067fe1a8d2767a8a&amp;docid=1e0297a6c105b00b_067fe1a8d2767a8a&amp;page=1&amp;dapvm=1\" target=\"_blank\" rel=\"noreferrer noopener\">lawsuit<\/a>&nbsp;with other companies and the states of Texas, Arizona, Florida and Utah in suing the Nuclear Regulatory Commission, claiming the agency is holding back innovation. It\u2019s a maneuver that critics say misinterprets the law to claim a safety exemption the company has simply not proven that they deserve. Valar Atomics also made news for securing&nbsp;<a href=\"https:\/\/www.sltrib.com\/news\/environment\/2025\/05\/29\/utah-nuclear-energy-who-is-company\/\" target=\"_blank\" rel=\"noreferrer noopener\">$21 million<\/a>&nbsp;in venture capital funding to build its first advanced test reactor.<\/p>\n\n\n\n<p>Manufacturers figured out how to game the system. Introduce a new product at an <a href=\"https:\/\/x.com\/johnarnold\/status\/1991915720482160936?s=46\">inflated price, which Medicare will pay for the first 6 months<\/a>. Then, phase it out and introduce an almost identical, but new, product. CMS now covers that product at whatever price the manufacturer set. Five years ago, the most expensive skin substitute was $1,000\/sq in. Today it is $21,000\/sq in.<\/p>\n\n\n\n<p>The Stahl House listing was first noted in a&nbsp;<a href=\"https:\/\/www.theagencyre.com\/magazine\">fall\/winter 2025 magazine<\/a>&nbsp;issue published by the Agency, a luxury real estate outfit. The exact <a href=\"https:\/\/www.sfgate.com\/la\/article\/stahl-house-for-sale-first-time-21199246.php\">asking price for the home<\/a> wasn\u2019t specified in the brief item, but a new&nbsp;<a href=\"https:\/\/www.theagencyre.com\/single-family\/clr\/25621475\/address-undisclosed\">online listing<\/a>&nbsp;that went live after publication has since put the house at $25 million.<\/p>\n\n\n\n<p>Couric worked with a British royal to <a href=\"https:\/\/x.com\/mtaibbi\/status\/1992033679385018588?s=46\">advocate moving the United States<\/a> away from a First Amendment mdoel and toward EU-style speech enforcement using a program so bonkers, it gave an ex-Soviet deja vu.  But sure, Bari Weiss is the problem.<\/p>\n\n\n\n<p>macOS is no longer just a Unix system. It is a <a href=\"http:\/\/stack.int.mov\/a-reverse-engineers-anatomy-of-the-macos-boot-chain-security-architecture\/\">distributed system running<\/a> on a single die, governed by a hypervisor that doesn&#8217;t exist in software. The kernel is dead; long live the Monitor.<\/p>\n\n\n\n<p>This flashy little royal scoop became the first of scores of <a href=\"https:\/\/theamericanscholar.org\/the-go-between\/\">exclusives during Helen\u2019s seven years with the paper,<\/a> most of them far more substantive in news value. For her first anniversary on staff, the editors featured her in a five-column promotional house ad titled \u201cWar and a Woman,\u201d which called her articles \u201cclear as crystal, accurate as a radio beam, prompt as the crashing impact of the happenings they record\u201d; her dispatches arrived in Chicago by cablegram at \u201cmachine-gun tempo\u201d\u2014three, four, sometimes five times a day. Her beat was all of England and Ireland and General Charles de Gaulle and his London-based Free French Movement. Later, there would be lengthy forays to Algeria, Italy, France, Germany, and elsewhere in Europe\u2014wherever war news flowed.<\/p>\n\n\n\n<p>How have the acquisitions performed? What\u2019s the underlying organic growth rate? How much does <a href=\"https:\/\/rollupeurope.com\/p\/bending-spoons-the-lean-mean-m-a-machine-approaching-ipo-1b-ebitda-4-ways-in-which-the-story-can-evo\">Bending Spoons<\/a> pay for M&amp;A? Crucially, how does one reconcile non-stop acquisitions of tarnished heirlooms like Vimeo ($1.4B price tag for a business generating c.$50M in&nbsp;<a class=\"link\" href=\"https:\/\/investors.vimeo.com\/static-files\/c2415f91-eba9-44fe-87d3-2e9de5b69591?utm_source=rollupeurope.com&amp;utm_medium=referral&amp;utm_campaign=bending-spoons-the-lean-mean-m-a-machine-approaching-ipo-1b-ebitda-4-ways-in-which-the-story-can-evolve\" target=\"_blank\" rel=\"noreferrer noopener\">free cash flow<\/a>) with Bending Spoons\u2019&nbsp;<a class=\"link\" href=\"https:\/\/www.google.com\/search?q=bending+spoons+valuation&amp;rlz=1C5CHFA_enCH1176CH1176&amp;oq=bending+spoons+valuation&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg8MgYIAhBFGDzSAQgyODg2ajBqNKgCALACAQ&amp;sourceid=chrome&amp;ie=UTF-8&amp;utm_source=rollupeurope.com&amp;utm_medium=referral&amp;utm_campaign=bending-spoons-the-lean-mean-m-a-machine-approaching-ipo-1b-ebitda-4-ways-in-which-the-story-can-evolve\" target=\"_blank\" rel=\"noreferrer noopener\">$11B valuation<\/a>?&nbsp;<\/p>\n\n\n\n<p>In this humble observer&#8217;s view, Nvidia&#8217;s greatest moat isn&#8217;t something that can be explained in just a sentence or two. There is a lot of controversy surrounding the <a href=\"https:\/\/x.com\/jukanlosreve\/status\/1992531045485531164?s=46\">CUDA ecosystem or SIMT. But its true moat lies precisely in having handled a lot<\/a> of the &#8220;dirty work&#8221; cleanly within the entire architecture, combined with full-stack capabilities from algorithms to systems to chips. This is also a point of inspiration for many domestic [Chinese] chips, especially in the subtle details where they balance ease of use\/programmability vs. performance. Another factor is their excellent timing in bringing architectures to market and their marketing execution. As the saying goes, &#8220;Being one step ahead makes you a pioneer; being half a step ahead makes you a god.&#8221;<\/p>\n\n\n\n<p>\u201cproviding <a href=\"https:\/\/x.com\/elonmusk\/status\/1992499020590108745?s=12\">advanced medical care<\/a> to all people via Optimus.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everything is lock-in. The question engineers should be asking is not \u201chow do I avoid lock-in?\u201d but rather \u201cwhat do I get in exchange for being locked in?\u201d It better be good. Full list of business leaders and politicians at tonight&#8217;s MBS dinner: This car ?, the 2026 version of France&#8217;s Renault Twingo, is the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/16343"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16343"}],"version-history":[{"count":29,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/16343\/revisions"}],"predecessor-version":[{"id":16372,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/16343\/revisions\/16372"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}