Imagine spending hours on this app everyday watching more and more users, more targeted ads, the 7th most visited site on the internet, all LLMs using it for data then thinking “yea it deserves to be a 20bil market cap”. Facebook IPOd at $100bil market cap with 900 million users. Reddit has over a billion users and 100 million active users A DAY.

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What's an iPhone if not a glorified iPod 😎

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Etsy was the first individual stock I ever purchased when it IPOd. RIP.

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Amazon cut 14k Jobs [https://edition.cnn.com/2025/10/28/business/amazon-layoffs](https://edition.cnn.com/2025/10/28/business/amazon-layoffs) Does anyone else think AI will hit a major bust around Q1 2026? I haven't seen that "iPod moment" yet—the event that makes consumers rush out to buy a product that fundamentally changes how we interact with technology. So far, it seems like AI is mostly being used internally by companies, and it’s still mostly about optimization, not consumer-facing breakthroughs. More bloodletting in the business world seems likely as companies continue to try and cut costs. From a pure business model standpoint, if the cost of production (materials, time, labor, etc.) gets close to zero, you're essentially reaching 100% efficiency. There will always be some erosion, of course, but that’s what businesses seem to be pushing for: to maximize operational efficiency and, ideally, get to "net zero" costs using AI. For example, roles like Sales Operations, which are all about spreadsheets and data analysis, are easily automated with AI. I know several people in those roles who are already looking for an exit, because they see the writing on the wall. What do you think? Is AI just heading toward a slowdown, or is there a major consumer-facing breakthrough around the corner?

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I’m very aware but there were some seriously sketch years for awhile between 1980 and the iPod. But yes 1980 woulda been sufficiently early

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Maybe you should read up on all this a little more. Warren buffet specifically made statements that he avoided tech because he “didn’t understand it”, he’s been investing in the market for 50 years or more, and I don’t think he took a position in apple until fricking 2016 (just googled it). Now, I’m not saying he was late, you’re probably not even “late” now. But he absolutely did not call apple early or get involved prior to everyone knowing it was a fucking big deal. By 2016 the iPod had been selling for what like 12 or 14 years? And the iPhone had been on the market for 6-7 years? To state that he was an ‘early’ investor in apple is rewriting history…. I mean, fuck, by 2016 Steve Jobs had already been dead for 5 years, lol. None of this is taking away from Buffett, his investment savvy, or stating anything about apple…. But in order to be “early” to apple you woulda needed to buy shares in the 90s maybe? Or at least somewhere between the iPod and the iPhone?

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