What is a model? At a bank, it is the math behind almost every decision: who gets a loan, how much capital to hold, which transactions look like fraud etc etc etc. In April, the Fed, OCC and FDIC sunsetted the guidance banks have used since 2011 to check that math. The new

Chamath Palihapitiya @chamath ·

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  1. #1

    I turn 50 today. This is a message to my kids but I offer it to you in case any of it rings useful. I was born in Sri Lanka in 1976 in a country that, at the time, was about to en…

    Chamath Palihapitiya @chamath ·
  2. #2

    🤔

    Chamath Palihapitiya @chamath ·
    🤔
  3. #3

    CloudBees surveyed 200+ enterprise technology leaders this year. 92% said they were confident their AI-generated code was production-ready before it shipped. Then after it shipped…

    Chamath Palihapitiya @chamath ·
  4. #4

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    Chamath Palihapitiya @chamath ·
  5. #5

    Whenever you are told “Trust the experts” you are better off doing the opposite. Remember when Covid “Trust the experts” led to a civilizational hoax that broke our economy and re…

    Chamath Palihapitiya @chamath ·
  6. #6

    Every large IT transformation program starts with a seemingly defensible choice. You pick a firm nobody can criticize you for picking, to help you transform. That made sense when…

    Chamath Palihapitiya @chamath ·

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