Monthly Archives: July 2026

Every technological revolution creates abundance. Every economic revolution begins with a shortage. This is the central paradox of progress. When a technological breakthrough occurs, our instinct is to gaze directly into the light of the explosion. We celebrate the elimination of a historic limitation. We conclude that the world has changed because what was onceContinue reading “The Shortage in the Surge”

Every major technology wave begins by optimizing the wrong bottleneck. Computing made calculation abundant. We built software. Bandwidth made communication abundant. We built platforms. AI made the production of intelligence abundant. So we optimized for models. Alas, that was the wrong bottleneck. AI does not just create an automation revolution. It exposes the limits ofContinue reading “The Capital Allocation Trap”

Every frontier AI release now follows the same script. Who has the best benchmark? Which model reasons better? Who moved ahead on coding? Those questions matter. Just not as much as most people think. The real threat to frontier labs isn’t that someone will build a smarter model. It’s that someone can now build aContinue reading “The Last Proprietary Advantage”