AI & Economics
OpenAI’s $3.7 Billion Burn: The High Cost of the AGI Dream
OpenAI burned through $3.7 billion in Q1 2026, raising critical questions about the sustainability of its 'growth at all costs' strategy in the race for AGI.
The AI Hype Hits a Wall: Corporate Budget Revisions and the Growing Human Toll
The era of blank checks for AI is ending. Corporations now demand tangible ROI, while the cost of the transition is increasingly borne by the workforce.
Lagarde’s Warning: AI as a Systemic Risk – The ECB’s Stance on Financial Stability
Christine Lagarde warns of AI risks in markets: From power concentration to algorithmic instability and systemic threats.
The Fed’s Turning Point: Overhauling the Dot Plot – Kevin Warsh’s Institutional Rebellion
New Fed Chair Kevin Warsh is challenging the holy grail of transparency. Why the dot plot is now seen as a liability and how Wall Street is bracing for a shift in monetary policy.
The Short and Tumultuous History of DeFi: A Survival Guide by Eswar Prasad
Cornell professor Eswar Prasad curates a reading list that deconstructs the utopia and reality of decentralized finance.
Beyond the Magnificent Seven: Wall Street’s New Obsession with MANGOS
The era of the Magnificent Seven is fading as Wall Street pivots to MANGOS, a new stock grouping poised to dominate the age of applied artificial intelligence.
EY-Parthenon: Global CEOs Pivot to Profitability, AI, and Strategic M&A Amid Uncertainty
The EY-Parthenon CEO Outlook Survey reveals a shift toward capital discipline, with 80% of leaders investing heavily in AI to bolster profit margins and operational resilience.
The Great Transition: From Digital Banking to AI-Driven Finance
The evolution of banking enters a new phase as AI replaces traditional digital apps, fundamentally redefining the relationship between customers and their capital.
World Cup: How a Bettor Lost Nearly $1M to Cape Verde's 'Miracle'
The unexpected draw against Spain sent shockwaves through prediction markets, with a Polymarket investor losing nearly $1M on a bet once considered a statistical certainty.
EY CEO Outlook: 80% of Leaders Ramp Up AI Spending Amidst Global Economic Shifts
EY's latest CEO Outlook Pulse reveals a massive corporate pivot toward AI, as leaders prioritize technological transformation despite geopolitical headwinds.
The $2.8 Trillion Paradigm: Why Infrastructure 'Bodies' are Outpacing AI 'Brains'
As SpaceX hits a $2.8 trillion valuation, the market is signaling a massive shift: the real value lies in wiring the physical world, not just building AI models.
Polymarket: US-Iran Agreement Sparks $345 Million Dispute in the Shadows of Prediction Markets
A geopolitical breakthrough between Washington and Tehran triggered a credibility crisis on Polymarket, with $345 million hanging on the definition of a single word.