







Best case: we're in a bubble. Worst case: the people profiting most know exactly what they're doing.
AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value

AI is probably not a bubble
AI companies have revenue, demand, and paths to immense value

AI is Creating Peak Software, Media is the Best Analogy
Let's learn more about the world's most important manufactured product. Meaningful insight, timely analysis, and an occasional investment idea.

AI FOR EPISTEMICS & COORDINATION
Civilization and technology have radically improved the human condition. Nonetheless, the world sometimes goes in directions which essentially nobody would prefer — e.g., nuclear arms races, unexpected financial crashes, predatory marketing, or ubiquitous political misinformation.
The AI bubble isn’t new — Karl Marx explained the mechanisms behind it nearly 150 years ago
OpenAI CEO Sam Altman’s warning of an AI bubble highlights a deeper economic problem: capitalism is producing more capital than it can profitably invest.

Companies That Replaced Humans With AI Are Realizing Their Mistake
As AI agents have yet to pay for themselves, more and more executives are waking up to the sloppy reality of AI hype.

The AI Question that No AI Person Asks
The AI Question that No AI Person Asks
AI's Trillion-Dollar Opportunity: Sequoia AI Ascent 2025 Keynote
AI Is A Money Trap
In the last week, we’ve had no less than three different pieces asking whether the massive proliferation of data centers is a massive bubble, and though they, at times, seem to take the default position of AI’s inevitable value, they’ve begun to sour on the idea that

Premium: What If...We're In An AI Bubble? (Part 1)
Every day I read some sort of wrongheaded extrapolation about the future of AI — that today’s models are somehow indicative of AGI creating a “permanent underclass” of people that stops people from building software companies, or really doing any kind of job on the computer: Hyperbolic? Perhaps. But even

UN Global Communications Chief urges AI developers to ‘Put people before profit’
Timing Is Everything in the AI Bubble
This week's tech sell-off is a symptom of a deeper problem: no one knows when - or how - big tech's $1 trillion bet on AI is going to pay off.

AI Is a Product of Humanity. Humanity Should Own AI.
Big Tech has looted humanity’s creative output to create artificial intelligence. We don’t just deserve a share of AI’s profits — we deserve control over it.

The AI future where humans get paid to be creative