Deep Dive Reveals Real Barriers to Legal AI Adoption
Extremely thorough and clear piece about AI adoption in the legal industry, and what the actual barriers and challenges are. Way more writing about AI should be exactly like this.
Waller Delivers Most Hawkish Fed Speech in Two Years
Per Fedlock, Christopher Waller's speech today was his most hawkish in over two years https://t.co/636ZmVuTmI
Economists Underestimate AI's Massive Macro Economic Spending Impact
WHAT ECONOMISTS GET WRONG ABOUT THE MACRO IMPACT OF AI It's Neil Dutta of @RenMacLLC in the Odd Lots newsletter, talking about how significant AI spend is to the economy, and why some people are under-appreciating its impact Read the whole thing...
Tim Duy Summarizes Current State of Kevin Warsh
From @TimDuy a great, succinct summary of where things stand at the Kevin Warsh era begins. https://t.co/9JB3vt7Mqe
Metric‑Driven News Once Offered True Democratic Revenue
People don’t think fondly back on the “traffic” era of news media. But there was a certain democracy to it. If you executed on particular metrics (pageviews, etc), you could generate real revenue, without worrying about audience capture or taste...
KOSPI Still up 78% YTD Despite 6% Drop
Korean stocks fell 6% last night. So now the KOSPI is only up 78% YTD
Undersea Cables: The Hidden Backbone of the Digital Economy
NEW ODD LOTS: A massively underdiscussed element of the modern economy @tracyalloway and I talk to @samanth_s about the extraordinary complex of undersea cables that keep the internet alive https://t.co/sgTEqIyPUM
Remember ChatGPT’s Early “App Store” Era?
Does anyone else remember when ChatGPT used to have like some kind of “app store” where you had to use dodgy looking third party services to do stuff like read a PDF? Somehow that era feels longer ago than the...
Kurzweil’s Timeline Hits, but His Tech Path Misses
So if we stipulate that Kurzweil had A) Stunningly good intuitions for the timeline of AI progress B) Generally wrong notions of the tech path that took us here How should we weight his predictions for the next 25 years?
Jeff Currie’s Podcast Appears to Jinx Copper, yet Trend Climbs
Every time Jeff Currie is on the podcast, it seems like copper takes a little dip and people say he (or, I suppose, we) jinxed it. But then you zoom out a little bit and the chart just keeps going...
Korean AI Dividend Proposal Triggers 5% KOSPI Slide
This is a pretty interesting story from Korea last night. One politicians posted something about establishing a public AI "dividend", and the KOSPI quickly plunged over 5% (before cutting its losses) https://t.co/Xn6m2Oglko https://t.co/DZap3k2hSM
UK 30-Year Gilt Yield Hits 1998 High
The yield on the UK 30-year gilt is at its highest level since 1998 https://t.co/zXuKq5q17b
AI Landscape Accelerates: Listener Highlights Growing Frenzy
From a listener, a sign of how frenetic the world of AI is getting https://t.co/A1HldRC93F
Central Banking Losing Relevance Amid Three Mega‑Trends
CENTRAL BANKING IN THE AGE OF THREE BIG MEGA-TRENDS: In today's newsletter, I wrote about our conversation with @economistmeg and why central banking (I think) feels less central to the big economic challenges that every country on earth seems to be...
Iran Deploys Deep‑Roaming Submarines in Hormuz Strait
"Deep roaming" sounds like something I'd read about in @jackclarkSF's newsletter, like some robotics training technique being co-developed between researchers at Tsinghua University and the University of Warwick. *IRAN SAYS DEPLOYED DEEP-ROAMING SUBMARINES IN STRAIT OF HORMUZ