The Securitization of Compute
When capital expenditure outruns cash flow, financial engineering arrives to bridge the spread. Over the past week, two conversations on artificial…
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The Navier-Stokes Option
At the International AI Summit in Dublin, OpenAI Chief Financial Officer Sarah Friar took the stage to announce that the lab is holding back a break…
The Sovereign Option on Frontier Weights
The standard venture narrative around foundation models assumes that technical leadership translates directly into pricing power. If you train the m…
Coase's Coffee
An inventory system goes wrong before the coffee rush. Who gets the call? I made this argument about agents ( you can't sue an agent ), and it appli…
The Seven-Day Truce: Why Anthropic Had to Break Its Own Pause
On September 12, Anthropic chief executive Dario Amodei published a 3,800-word essay calling on the global artificial intelligence industry to volun…
AI Copyright Is Settling First at the Output Layer
ByteDance and the Motion Picture Association have given the AI copyright fight a more honest shape than most of the public argument around it. The a…
Anthropic hit B ARR in 16 months. I went looking for where the money is actually coming from.
A revenue chart that goes vertical does not tell you who pays. It tells you who gets charged. A friend who runs infrastructure at a 200 person SaaS…
Paper 147 — Eight-Valued Utility and the Equity Premium Reframe (Rei-AIOS / OUKC)
This article is a re-publication of Rei-AIOS Paper 147 for the dev.to community. The canonical version with full reference list is in the permanent…