Latest Posts

Peter Thiel says physics stalled in 1972. Then GPT-5.2 proved a new result in theoretical physics. The 75:1 AI compute gap between commerce and science.

The Anthropic-Pentagon standoff isn't an ethics story. It's a replay of the 1993 Last Supper that consolidated 51 defense primes into 5, at Silicon Valley speed.

I read 12 AI research reports from Goldman Sachs, JPMorgan, UBS, and 6 other banks. Here's the consensus they're pushing, and what they're not saying.

Prices rose 25% since 2020 and won't come back. The levels-vs-rates problem explains the vibecession, the Stewart-Thaler debate, and why nobody trusts economists.

Novo Nordisk lost 75% since June 2024. CagriSema failed vs Zepbound, US pricing is resetting lower, and Lilly leads on every axis. Full breakdown with numbers.

A Google insider made $1.15M on Polymarket in 24 hours. Israeli soldiers bet classified strike timing. Why prediction markets need insider trading regulation.

A 30-second Super Bowl spot costs $8M. The real price is $16–23M. The ROI evidence is mixed. A deep look at the pricing, the prisoner's dilemma, and the NFL.

AI converges to the mean by design. Ninth-power scaling costs and a 53-point gap on Humanity's Last Exam show domain expertise is appreciating, not declining.

The EuroPA alliance connected 130 million users across 13 countries overnight. But this isn't really about sovereignty. It's an infrastructure arbitrage exploiting a 100-120bps spread between card network fees and SEPA Instant rails, accidentally protected by the EU's own regulation.

One River's data shows beta-adjusted long volatility outperformed the S&P 500 over 40 years. Goldman, AQR, and Universa agree on the mechanism but disagree on implementation. A synthesis of the evidence.