Warren Buffett’s home

May 19, 2024

Billionaire Warren Buffett once said AI will change everything and likened it to the development of the atomic bomb. So, is this next sentence true or false? Warren Buffett lives in the same home he bought in 1958.

The answer: True. Warren Buffett lives in a five-bedroom, 6,750-square-foot house in Omaha, Nebraska, that he bought in 1958 for $31,500.

Tags: AI (artificial intelligence), billionaire, change, development, home, house, Nebraska

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GameStop shares surge again; investors lose big time

This is one of those stories you can talk about with your family and friends. A few years ago, has-been companies went viral with investors, and their stock prices went sky-high out of the blue.

Because everything is a cycle, it just happened again. After you read this, you’ll know why no one can shut up about GameStop, a company that sells video games, gaming platforms and accessories primarily from its brick-and-mortar retail stores across the country.

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🎮 Score cool points with the kids: Share these fun facts. Microsoft is adding its next “Call of Duty” installment to Xbox Game Pass, moving away from its tradition (paywall link) of only selling it as an independent title. By adding it only to their Game Pass subscription service, once that subscription ends, so, too, does your access to the game. Meanwhile, “Grand Theft Auto VI” is expected to drop in fall 2025.

$25 million

How much cryptocurrency MIT-educated brothers swiped in just 12 seconds. Clever, except Anton, 24, and James, 28, just got arrested for their 2023 ethereum heist. They studied computer science and math. Now they’ll have plenty of time to calculate the years they could spend in jail.

The average American spends 95 minutes a day on TikTok: And that number will be going up, as TikTok is fixin’ to (Barry taught me that Southern term for when he’s “fixin’ to get ready.”) let folks share 60-minute videos. Did you know about 170 million people in the U.S. alone use TikTok every single day? Wow, what a waste.

Three strikes and you’re out: There are three important high-income skills (paywall link) an AI chatbot can’t replicate: Problem-solving, personal branding and communication. This is your reminder that these skills are where you need to shine to keep AI from taking over your career … for now.

🤦🏼‍♀️ Heads-up, news hounds: Gone are the days of Googling a news story and picking your preferred news outlet to read it. Google’s AI will now read all news stories for you and give you one version it creates, complete with its own biases. Yup, Google’s AI once told me it couldn’t provide me with a Bible verse I’d requested because it was “controversial and against its policies.”

⚙️ Shifting gears: Mercedes is scrapping the entire division that was working on a 750-mile range EV. They’re still making EVs, but they’re not selling well. You can snag one at a darn good price right now. Oh, and Hertz is dumping 30,000 of its Teslas, if you’re looking for a deal on one of those.

23andMe caught in a lie: 23andMe made billions promising disease prevention based on genetic testing from a saliva swab. Really, all we got was that your family came from Eastern Europe or wherever. In 2023, the company reported a $522 million loss. What goes around comes around.

🤖 AI is coming to our military in a big way: Palantir’s mixed-reality headsets let soldiers see the battlefield in 3D, while new software can spot hidden cargo ships in shipping lanes. Older weapons aren’t going anywhere, though — just getting more efficient.

Competition is a win for consumers: AT&T and AST SpaceMobile are joining forces to provide internet service from space. The deal runs through 2030. Starlink has a similar arrangement with T‑Mobile. More competition = Cheaper prices. Love when that happens!