I think I understood about a quarter of this long piece, which probably means I actually understood about a tenth of it. It's a slog of a read, even controlling for my limited knowledge of finance jargon. Anyway, these bits seem to make up the crux of the gist:
Dario PerkinsI'm slow to this, but here is a beautiful piece on the dynamics of the AI buildout and how they could flip into reverse. Wish I had written it tbh www.groundbrkr.com/p/the-second...