Nate Soares on How AI Really Could Kill Us All

Since the Hugging Face incident, concerns over AI doomsday scenarios has entered the mainstream. But of course, some people have been warning about this for years, long before LLMs or ChatGPT. In their 2025 book If Anyone Builds It, Everyone Dies, Nate Soares and Eliezer Yudkowsky spelled out their…

How AI Is Upending the World of Mathematics

Last month, OpenAI announced that it had produced an AI-generated proof for the Navier-Stokes problem, one of the most famous unsolved questions in mathematics. LLMs used to be bad at counting, but now they are solving math problems that have stumped humans for decades. Meanwhile, at universities, …

What Everyone Gets Wrong About the Economic Problems in Europe

In so many conversations, there's a widespread view that Europe is falling behind. Or it's in trouble. It has been two years since the publication of the Draghi report and the problems the report identified about European competitiveness are far from solved: Demographic challenges, rising energy co…

Why Treasuries Are 'Risky' Again

We all know that US Treasury yields have been surging, alongside bond yields all around the world. So what explains the selloff and does this mean that bonds are becoming fundamentally riskier? What happens if investors can no longer hedge stocks with government debt? And how do expectations of the…

How Airlines Actually Hedge Higher Fuel Prices

Fuel is a huge expense for airlines, and even on a good day, jet fuel prices are pretty volatile. Throw in two major wars now effecting energy infrastructure, and fuel prices across the board are higher and higher. Airlines have long tried to manage this expense through fuel hedging, using things l…

Everything in Markets Is Now Moving Incredibly Fast

The market is acting in ways that make it very hard to get a handle on what exactly is going on right now. The overall indices are surging, while many individual stocks are doing badly. Rates are rising, but the economy is still robust. There's capex spending and the AI trade. There's the war in Ir…

Why Building a Crosswalk in LA Is Kafkaesque

Bill McBride did not just predict the 2008 housing bubble, he helped invent financial blogging with his Calculated Risk newsletter. Zach Lasry, meanwhile, is much newer to the scene, but in his career as a real estate developer, he is already responsible for building one of LA's hottest new neighbo…

Hollywood Was Cooked Before AI, and Now It's Only Getting Worse

Is Hollywood just screwed? Writers are earning less. There are fewer shoots taking place in Los Angeles. And people are freaked out about AI. But according to Hayes Davenport, things were starting to feel bad in Hollywood before chatbots showed up to the scene. Davenport — who’s written for shows l…

AI Is Upending the Lives of People Who Do Social Media Professionally

Social media is really strange these days: Increasingly, our feeds are starting to look uncanny, as AI slop proliferates all over the Internet. And for the professionals who are tasked with making content, whether it is social media managers or creators, it has been a head-spinning time of change. …

How LA Is Quietly Becoming America's New Industrial Tech Hub

The story you hear nowadays is that America is struggling to make things and can't compete with China when it comes to advanced manufacturing. But of course, there's tons of high-tech stuff being produced in the US, and more and more companies are doing it out of Southern California, with factories…