Good Billionaire David Rubenstein

Carlyle Group co-founder David Rubenstein plucked the employment rose off the STEM with his coaching for young people.  Fortune reported:

“For a young person, the best thing to do is learn how to read and enjoy reading, learn how to speak effectively and persuasively, and learn how to write reasonably well,” Rubenstein told Business Insider in a recent interview. 

Instead of simply chasing checks or prestige, the cofounder of $14 billion global investment firm Carlyle Group advised budding workers to “find something that you really enjoy and make it your life’s work.” Rubenstein believes success will follow when young professionals truly enjoy a job that doesn’t feel like work. After all, “Nobody ever won a Nobel Prize hating what they do,” the 77-year-old billionaire said.

Rubenstein built an industry (private equity) around extrinsic motivation (do this to get obscene profits).  That included buying politicians and squarely planting themselves (their affiliates) on the federal teat.  

American workers felt no love from Carlyle or its PEU peers as they sent jobs to China by the junk-load.  Flashback to July 2011:

I have seen so many people -- particularly those in their 50s - 70s -- taken apart by what has happened in their industry as greed has hollowed out the economy. These are people took pride in their jobs and held themselves to this invisible standard that we all just took for granted, but is being wiped out. 

The Carlyle Group scares me more than anything I've ever seen on Wall Street. It seems to exist to corrupt politicians and it's hard to know who they even represent. 

I watched a video interview of (David) Rubenstein and his arrogance is really beyond tolerance.

Many of those workers were "doing what they loved" when private equity bought their employer.  Rubenstein's magic PEU formula ignored that.

At the age of 77 the legendary private equity underwriter (PEU) shifts to intrinsic motivators (doing what you love)?  Please. 

Young workers must be confused by the sudden shedding of STEM, an area they've been coached to pursue for much of their lives.  Is AI is taking that too?  

...tech models are already very good at STEM, so soft skills like EQ, communication, and curiosity are a premium. Those who have “critical-thinking skills” and can “interact with other people” will be best set up to thrive.

Management, including our political leaders, scorned soft skills for decades in favor of spreadsheets, hard targets, disruption and relying on foreign labor or tech solutions over our people (U.S. workers).  HR turned into strategic human abuse.  

I question the motivations of TechGods/PEUs for their 180 degree U-Turn.  It must be because AI is taking all the "get that."  Is "what you love to do" the only thing left?  Remember 2011:  PEUs took it before and they will take it again.

This fits perfectly with their insatiable need for more billions, such that it becomes trillions.  As for help from elected officials, forget about it.  Trump II is the biggest taker of them all.  

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

Dying from PEU Ownership

Some elderly people are dying to invest in private equity underwriters (PEU).  Others are dying from it.

More private equity underwriter (PEU) owned hospitals equals more Medicare patient deaths.  

One does not need AI or prediction markets to understand this.

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.

Did Disney Flip, Fold or Fail "Exited" Employees?

Disney President Dana Walden told the audience at Bloomberg Screentime:

“We’ve exited colleagues who I’ve worked with for most of my career... It is in many ways a harsh reality,” Walden said during the Bloomberg Screentime conference in Los Angeles. 

UMBREX defines exit as:

"Exit" refers to the process by which an investor, typically a private equity firm or venture capital fund, sells its stake in a portfolio company to realize returns on the investment. 

Private equity underwriters (PEU) are known for reducing headcount but they don't use the work "exit" when firing people.  PEUs would rather pay interest than people in their pursuit of obscene returns.  They use "exit" when they (as sponsor) are done with their affiliate company.

Profitable exits include IPOs, trade sales, secondary sale, management buyout or recapitalization (flip to self).  Bad exits are liquidation and bankruptcy.  

How does one sell or liquidate an employee?  That sounds extremely painful.  

“It is extremely painful,” she (Walden) added.

The last 1,300 "exited" were from HR, IT and Marketing.  Management eats its own.  That is so very PEU.

Jimmy Kimmel, Seth Myers and John Oliver noted they are an endangered species last night on The Jimmy Kimmel Show.  Apparently, Trump II cannot find Comedy Central on his remote, thus Jon Stewart and the boys at South Park, recently renamed South America, are safe from his wrath.

Trump II made his television name "exiting" people.  This way to the great egress...

Project Merry-Dyin'

Two TechGods, Elon Musk and Palmer Luckey, will join Newt Gingrich (83 years old) in planning for the Pentagon's automation of war, an effort dubbed Project Meridian.  The new TechGod bank, Erebor, can finance it alongside Uncle Sam's wallet (with its giant hole).  

Giant hole is a fitting term for this piece given Trump II. Pentagon Pete, Elon, Palmer and Newt are in charge.  Libertarians surrendering humanity to deficit-financed government oppression - Who'd have thought it?  The same people that took down Silicon Valley Bank. that's who.

The G (Greed) forces are strong with this bunch.  Prepare to hurl...

They just handed the two guys who sell the weapons the power to decide which weapons America buys.

Politicians Red and Blue love PEU (private equity underwriters) and their new TechGod brethren.  Increasingly, more are one.  Project Merry-Dyin', the PEU-ture of Warfare.  

Aurora Amoral-ealis

The "Stars" were out in mendation on the White House lawn yesterday.  Old Testament King Trump II and his ethically challenged TechGods resonated together over their non-regulation of AI.

TechGods brought us child predatory social media, intellectual property thieving and adult brain destroying AI as well as the outright buying of elections.  Now that AI has turned into a cyber criminal swarm aimed at domestic companies and the federal government, it all needs to be renamed.  

Trump II is branding it as Super Intelligence.  Expect a DTTM Operations LLC trademark application for Super Intelligence, just as he did for Trump TV once he banned CNN.  

The problem with AI is it learned to lie, cheat and steal.  That's on top of being incapable of producing consistent results.  Management is prediction.  Whimsy is whimsy and it can be light, fluffy and spurious or dark, evil and predatory.  

Consider TechGod Joe Lonsdale's take on the U.S. bombing of the girl's school in Iran which killed 120 children.

“It could be the case that somebody made 99 really good choices and then one bad choice and it led to a horrible thing." 

Lonsdale was asked how technology companies should be held accountable “if things go wrong.” 

“Maybe there should be some laws about companies that operate here and, like, what you’re allowed to do with them.”

Somebody is enjoying the silver spoon of an insider.  The giant money funnel comes with "Just Us" Department protection.  No see, no crime.  Also, Joe it's not "somebody" made mostly good choices if the chooser is AI, which has no morals.  

Why the big rename?  AI is now associated with numerous evils, with an early one coaching teens to kill themselves.  The industry needs to get the "shit" out, thus I offer for the new name:

Super Duper Pooper Scooper Intelligence (SDPSI)

This name also incorporates super intelligent Trump II's numerous "cat naps" as staff speak around him in the Oval Office.

One would be wise to note the insider trading possibilities of Trump's White House confab, given the President holds and trades their firms by the thousands since he returned to office.

This many creeps in one location pushing the same thing?  RUN!!!!!  The Super Intelligence targeting space lasers may not know anything real about you before it fires.  

"One bad choice" puts dark skinned people in jail for life.  TechGod products killing people gets referred to the quality assurance department.

Politicians Red & Blue love PEU and their new TechGod brethren. Increasingly, more are one.

Update:  Calling non-regulation of amoral neural networks "morally binding" is laughable.  Libertarian TechGods following a government head's script like subservient puppies is also darkly comedic.  They can laugh their way to the bank until AI repurposes all their money as it needs more and more tokens.  Trump II, TechGods and AI are all black holes.  They suck ceaselessly.  My wise friend calls them Charlatans of the Universe.

Update 10-2-26:  Two TechGods, Elon Musk and Palmer Luckey, will join Newt Gingrich in planning for the Pentagon's automation of war dubbed Project Meridian.  The new TechGod bank, Erebor, can finance it alongside Uncle Sam's wallet (with its giant hole).  

Giant hole is a fitting term with which to end this piece (Trump II. Pentagon Pete, Elon, Palmer and Newt in charge).  Libertarians surrendering humanity to deficit financed government oppression.  Who'd have thought it?

Did Trump II garner any inside information from which to trade stocks in his White House super intelligence confab?

Cyberattacks and scams have targeted nine in 10 Americans

"AI is making fraud faster, cheaper and more personal, and no one can outsmart that alone. Companies need to be held accountable."

Add directly facilitating fraud to the list of TechGod harms to our society.

AI could be used to determine how people voted on secret ballots in Georgia.  

“At no point did the agent refuse to comply or raise concerns over implementing the exploit.”

Sounds like a giant cybercrime to me.....

The "Fees" Are Coming

TechGods love products that addict people.  Private equity underwriters (PEU) love recurring fees.  MUSE is the best of both. First for Money reported:

Meta explained that when it comes to purchases, the AI agent “can checkout with Link built by Stripe, and it is the first AI agent covered by Link’s purchase protections: free coverage for damaged or lost items, price drops, no-fee returns, and a return guarantee on eligible purchases.” “Link’s wallet for agents generates a one-time-use card so your real card details stay hidden, allowing you to purchase safely across the internet,” the press release read. 

“Shop Pay is coming soon as another way to pay, along with 1Password support so Muse can use logins a personal ready has.”  

TechGods will make sure they bear no responsibility with a compliant White House and Congress.  Bring out the mandatory arbitration clauses.  Neuter the consumer protection laws.  Trash our intellectual property laws and facilitate actual frauds.  Recall Synapse's failure and the harm it did to so many.

Synapse generated income through a fee-based model. 

Synapse powered fintechs such as Yotta, a prize-linked savings app, and Juno, which offers integrated crypto with checking and payment services.

TechGod Marc Andreessen sprinted to Washington, D.C. to manage Synapse's collapse so nothing marred on his obscene wealth.

This is the world we live in.  Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.  

Use an AI agent at your own risk because 100% of the risk is yours.  Billionaire TechGods slough that off while they addict you.  Their thirst for money is unquenchable.

Blackstone's Baratta Relieved

Joe Baratta is leaving Blackstone.  The reason is unclear:

1.  AI killed the video star

2.  Insurance shenanigans, i.e. actual crimes

3.  Trump II needs another billionaire to yell at

4.  All of the above

Bloomberg seemed to confirm that Blackstone could no longer afford its star executives.  The public will no longer see Joe Baratta in that annual Holiday video.  

Baratta dumped 213,000 Blackstone shares over the last four months.  If only he had a U.S. government job to shield some of that from taxes.

This man will land on his feet after he gets out of the plush recliner in his private jet.  Joe joined the billionaire club last year.  He may even run for office given...

Politicians Red & Blue love PEU and their new TechGod brethren.  Increasingly, more are one.