Industry · 1 min · Apr 22, 2026
Foundation Model Margins, Three Years In
Training is the capital expense everyone discusses. Serving is the recurring one that decides who survives.
The notebook
27 dated entries, newest first. Teardowns, field notes, build logs, and signals.
Industry · 1 min · Apr 22, 2026
Training is the capital expense everyone discusses. Serving is the recurring one that decides who survives.
Physical AI · 1 min · Apr 22, 2026
Every major lab is pouring capital into humanoid form factors. The bet is not really about robots — it is about data.
Physical AI · 1 min · Apr 21, 2026
Legs got solved before hands. Manipulation, not locomotion, is what gates useful work.
Future · 1 min · Apr 18, 2026
Coordination cost, not headcount, becomes the binding constraint on what a team can ship.
Agents · 1 min · Apr 16, 2026
You would not ship code with no tests. Shipping an agent with no evals is the same bet.
Takes · 1 min · Apr 13, 2026
Doom and utopia are each a way of skipping the boring middle, which is where the work is.
Industry · 1 min · Apr 11, 2026
Most of it is positioning. A few have actually rebuilt the workflow underneath.
Agents · 1 min · Apr 8, 2026
Most multi-agent systems lose more in the handoffs than they gain from specialization.
Future · 1 min · Apr 5, 2026
As machines produce more, the scarce, paid work is checking that the output is actually right.
Physical AI · 1 min · Apr 2, 2026
It folded laundry and lost to a doorway. Notes from seven days of living with an early unit.
Industry · 1 min · Mar 28, 2026
A capable model you can run yourself changes every build-versus-buy call on the board.
Takes · 1 min · Mar 25, 2026
They overshoot, then recede, and leave real infrastructure behind. Learn to read the residue.