Few news stories of 2023 were as misunderstood as the insanity at OpenAI. First. There was always a contradiction inside...
Read moreI look for Nvidia to hit a peak soon. I look for Amazon’s value to keep rising.
Read moreThis process of adaptation is happening even faster today than it did in the 2000s, or in the 1980s. We’re...
Read moreEven rich people panic in the face of big losses, and big losses are inevitable in an unstable world.
Read moreThe only reason to keep the whole thing together was “synergy.” A bad year for one division might be offset...
Read moreThe most interesting economic story right now, verging on the political, involves sports.Two business models are colliding.
Read moreE-books are better than paper books. They cost nothing to deliver. They’re cheaper than paper books. They don’t kill trees....
Read moreOver the last month I’ve been treated on TV to a parade of so-called financial experts, each one confidently predicting...
Read moreI am tired of the economics of fairy dust, and I’m tired of economists who see everything through a moral...
Read moreThe job of leaders in a Moore’s Law society is to nurture as much talent as possible, and to give...
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