Longreads + Open Thread
HFT, Wine, Dollar, ML, Fracking, Short Squeezes
HFT, Wine, Dollar, ML, Fracking, Short Squeezes
Plus! Commoditizing the Complement in AI Hardware; Newsletters; AI in Finance; Games and Metagames; AI and Technical Debt
Plus! API Pricing; Flexible TAM; Active Management Consolidation; Buying Opex; "AI Products That Companies Think They Want"
Plus! Japan Remains Cheap; Tipping and Price Discrimination; Bad News is Good News; Black Markets; Jobs; Diff Jobs
Car Paint, Horror Movies, Data, AI, Marketing, Pensions, Zell, Banks
Plus! Network Effects; Microsoft's OpenAI Bet; AI Enablement; Cap Structure Arbitrage; The Very Long Game
Plus! Nvidia; Reputation; Algorithmic Dealflow; Two-Track Urban Economies; AgTech
Plus! The Services Economy; Directing Capital; Remote; The High Cost of Free Returns; Zoom and AI
Plus! AI and Incumbents; Buying Reputation; Restaurant Pricing; Debt, Prices, and the Pull-Forward Effect; Assets and Distribution
Energy, AI and Science, AI and School, Tech and Politics, Institutions, Bonds, Trust
Plus! The Meta Chip; The Varieties of Debt Hangover; Instacart and Ads; Twitter: Media Down the Funnel; Icahn's Short and Paradoxical Crashes
Plus! Ads & Scale; AI and Convergence; Distribution; "Car Service. You've Invented a Car Service."; Cycles and Behavior