Seeing like the Weights
Plus! Vibecoding and the Router Model; Ad Load; The Guilded Age; Anthropic; Ads
-
Unlock Premium to read this post →
-
AI Spy
Unlock Premium to read this post →Plus! Network Effects; On-Demand Software; Shipping; Collateral; The Number
-
The Other Side of Market Concentration
Unlock Premium to read this post →Plus! In-Kind Investments; Moderation; Options; Scraping; Failures
-
The Super-Rich as Financial Sin-Eaters
Read this article →Plus! Adversarial Adoption; Rates; Scale; Talking Your Book; Revenue
-
Longreads + Open Thread
Read this article →Victorians, Dario, Wealth Tax, Aphantasia, Institutions, Borrowing, Agents, Bonds
-
You Probably Can't Build Your Own Hedge Fund/Prop Trading Firm With AI (But Incumbents Would Love it if You Tried)
Unlock Premium to read this post →Plus! Super-Carry; Leaks and Vetos; Competition; IP; Math!
-
Peculiar Hedges
Unlock Premium to read this post →Plus! Exit Opportunities; General-Purpose Agents; More Math; A/B Testing; Stranded Asset Risk
-
Cuteness Risk
Unlock Premium to read this post →Plus! High-Resolution Spotify; Rates and Lags; Financial Centers; Ads; More Ads
-
Life with Nonzero Interest Rates
Read this article →Plus! Stimulus; Ads; Gambling; Acqui-Hires; IPOs; Diff Jobs
-
Longreads + Open Thread
Read this article →AI Consciousness, Wealth, Ellison, Blue Collar, Names, Abstractions, AI Economics
-
Corporate Finance for Publicly-Traded Sports Teams
Unlock Premium to read this post →Plus! Leaks; Form Factors; Click-to-Cancel; SPVs; Diesel
-
A Sketch of Meta as an Enterprise AI Company
Unlock Premium to read this post →Plus! IP; Gemini; Interfaces; The End Customer; Humans