Bonjour,
Happy Friday! Boys Club has been cooking up some fun stuff and, over the next few weeks, will be launching three new Boys Club Network shows with fresh faces on topics we know you're curious about: peptides, tech stacks, and drippy fashion. Keep notifications:
We had Default_Friend and other friends on the livestream on Wednesday. Main themes included insider trading, doomsday articles, and reborn dolls. Give it a listen below:
ily,
$3.2 billion in stablecoins on Polygon. Another ath.
The timeline has been pretty bleak this week. On Sunday, a Citrini report outlined a runaway AI future that makes white-collar jobs obsolete, craters consumer demand, and sends the economy into a free fall as early as 2028. Most people freaked out. I was so desperate that I turned to an Ezra Klein podcast. Others had more balanced takes, like, yo, they’re talking their book.
Then yesterday, Jack Dorsey, founder of Twitter and Block (parent company to Square, Cash App, Afterpay, TIDAL, and more), announced it would be laying off 40% of its workforce, nearly 4,000 people.
The note he sent to the company and published on Twitter 1) argues that efficiency gains from intelligence tools can and will allow for smaller, more streamlined teams, 2) that they could make small cuts over the next few years or restructure now to set themselves up for the future, and 3) was written entirely in lowercase.
Now, previously, I’ve made my thoughts known on how I feel about Jack.
But this news certainly didn’t help the frenzied mania happening online. Much of the discourse about the future suggests that the middle is about to fall out between the rich and the poor, fueling an already lively and visceral hatred of ultra-wealthy tech founders, two of whom have recently entered the spotlight in a new way.
With the Bezos becoming chairs of this year’s Met Gala and the Zuckerberg’s front row at Prada, tech founders are trying to find their footing in and around the culture.
Many are asking why?
Some are saying, isn’t it obvious? With slop taking over every corner and crevice of our world, luxury will be the only moat, and distribution will be key.
Our Boys Cait has more to say about this here:
Okay, bye!
