<p>we will probably get to a point where local models are as efficient and capable as current sota models (even if latency is worse locally - probably not a dealbreaker for most agentic…

Markets South Korea's tech heavy stock market is on a tear. (axios.com) What happens when you buy stocks that benefit from an autocratic regime, and then that regime loses power. (ft.com) Trading…

What Railway History Can Teach Us About the Current Bubble

What's the line in the sand on U.S. government debt? The post A Government Debt Crisis? appeared first on A Wealth of Common Sense. ...

In the 2026 World Happiness Report, all but one Latin American country scores above what income predicts. East Asia shows the opposite pattern.

Mark Zuckerberg had his hands full last week trying to calm the storm at his company. In an employee conference call, he had to quell a great deal of panic over the company’s performance.…

from Dean Baker Productivity growth is an old concept; we’ve been seeing it at a substantial pace for more than 200 years. Nonetheless, many elite intellectual types like to claim they know nothing…

Plus! Table Stakes; Agent-Based Modeling; Coordination Problems; Insiders; Compute

And the American consumer is struggling! The post I thought Elon hated Anthropic appeared first on Cautious Optimism.

When a buck-ninety-nine house in a trendy Toronto hood sold for a million over ask the other day, we wondered. Did we just bounce off the bottom? Earlier this week this pathetic blog wandered into…

Gas prices are up from about $1.30/litre to $1.75/litre across Canada this year.  There is conflict in Iran. Markets are reacting to geopolitical uncertainty once again. So what should investors…

We cancelled Auth0 over a year ago. Not because it stopped working, but because scaling to 350,000 monthly active users made the pricing model untenable. The migration to MojoAuth cut our…

TrustedVolumes, a resolver and market maker used by 1inch and other defi platforms, suffered a $6.7 million exploit after an attacker was able to steal funds without proper validation. The thief then…

Insurance brokers are currently in a world of pain as the halcyon days of hard market is clearly behind us. At first glance, the organic growth still seems to be holding up reasonably well (ex BRO),…

https://open.spotify.com/episode/123CyNvkmrTp4zsRQ2CANu?si=gbJrnHxfSNS432D-djdjTw The post Tax Foundation Podcast Episode on American Financial Literacy appeared first on HumbleDollar.

Here is Matt Glassman discussing how he's a bit less market-happy than he used to be. It's a good read and very close to my own attitude. Matt's view is, roughly, that the world is getting more and…

As a new quick rule of thumb inspired by the Nature papers, you could do worse than “cut estimated effect sizes in half”. If a published paper says that a college degree raises wages 100%, then…

A new academic study reveals what active fund management really sounds like behind closed doors. King's College London professor Crawford Spence interviewed 28 senior fund managers and found an…

Why do agency projects become unprofitable? It’s usually not scope creep alone. A look at delivery leadership, boundaries, burnout, and agency profitability.

OpenAI launched a self-serve Ads Manager for ChatGPT on Monday, open to U.S. advertisers in beta. The system uses cost-per-click bidding, conversion pixels, and a Conversions API. Four major agency…

Barbara Fried’s recent post on Substack , to my mind, lays out a devastating critique of the prosecution’s misappropriation theory of criminal liability in the trial of her son, Sam Bankman-Fried. If…

Two weeks ago, we at Halcyon hosted our first large in-person event on time and speed to power: the critical paths for companies building the energy infrastructure required to meet soaring demand for…

The bad behaviour incentivized by prediction markets are a running theme on this blog, so I’m sharing a few links I’ve saved over the past few weeks in this vein: Polymarket criticized…

Pretending to be rich was historically important. And it seem to be important still. Just recently I have seen a study showing, that about 40 percent of people in the US making more than 500k a year…

The U.S. and China represent the two largest national economies on Earth. Since President Trump's 2 April 2025 "Liberation Day" global tariff announcement , trade between the two nations has…

Prosperity rests not on intentions, but on foundations. In Germany’s case, those foundations were historically not only institutional and industrial, but energetic: the stable supply of power that…

There's a trend I have noticed when folks try sell software, their perception of how hard it was to build the software influences their comfort in setting a price. More difficult to build, more…

Untying the knots holding back Iraq's fintech ecosystem.

What advice would you offer those graduating college this month? I imagine it’s a long list. Mine sure is. Here are just five of the items I’d emphasize: Move quickly to build a financial cushion.…

  Most CFOs treat lead time as an operations problem. I did too, until I started noticing what it was quietly doing to our working capital, our headcount, and our margin. It turns out flow…

The Hidden Infrastructure Problem Nobody Talks About. India has talent. India has ambition. India has capital. India has one of the largest pools of engineers in the world. Yet India still struggles…

Over the past decade, the industry has aggressively optimised for cost and digital efficiency and, in doing so, it has quietly dismantled the human infrastructure that made banking work for millions…

Professional services firms are designed to minimize risk. Their business model depends on trust, reputation, and consistency. Clients rely on them for assurance, judgment, and reliability, which…

Money for nothing and your chips for free.

Anthropic grew from $1B to $30B in 15 months. So why does it trade at a discount to public comparables? High-growth companies trade on forward (NTM) revenue. Anthropic’s $30B run rate implies…

A popular view of the economics profession, as one with oscillating, or perhaps no consensus, is summarized by Harry Truman’s supposed quip that he wanted a one handed economist, because they kept…

Not all business relationships do the same job. Research shows which ones survive the agentic economy, and which were always just expensive due diligence.

chiefmartec.com and team published “2026 Marketing Technology Landscape Supergraphic: Peak Martech Achieved! (Maybe)“, 5-May-2026: Download a hi-res, clickable PDF of the full martech…

Through time, we have glorified conquerors and empire builders in politics, civic life and business, from Alexander the Great and Genghis Khan to the tech titans of today. That is no surprise, since…

ServiceNow just unleashed a barrage of announcements that set the stage for its goal: doubling revenue to $30 billion in the next four years. In a nutshell, they want to own the management tools,…

Stephen Hackett blogs about the Anthropic + SpaceX / xAI news, with more questions: Colossus 2 is believed to be up and running, at least to some degree, and xAI may no longer need the first site.…

A meditation on token economics, the AI hierarchy, and the moment your most agreeable collaborator turns out to have been on a payroll.View Post

IntroductionThe press was calling EVs dead. The Inflation Reduction Act incentives had just expired. Roughly $20 billion in EV investment between the OEMs and the federal government had been…

“Higher Gas Prices Are Hitting Lower-Income Americans the Hardest” —Latest headline from the Petroleum Institute’s economics journal “Duh!”

If you liked this piece, please subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to…

Why lithium investors keep getting psychologically destroyed at both the top and the bottom of the cycle For those newer to the lithium space, the past few years probably looked completely insane.…

The Ekubo automated market maker infrastructure project experienced a $1.4 million theft after attackers were able to take advantage of a smart contract that improperly verified permissions. They…

Something very interesting has been happening for the past several weeks: while stock traders and investors’ sentiment is beyond euphoric, bond traders and investors are freaking out. Please take a…