The AI Dollar Thesis
This article explores the convergence of AI and the U.S. dollar, discussing how U.S. tech companies exporting AI globally may reinforce the dollar's dominance. It offers an interesting thesis that blends macroeconomics and innovation, highlighting why software (especially AI) might become America's most important export.
Economic Uncertainty Has Never Felt This Uncertain
A Bloomberg Opinion piece that dissects the layered complexities of today’s economy. It breaks down why markets feel off balance even when data points appear solid and how uncertainty itself is being redefined.
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You’re more likely to be struck by lightning. You’re more likely to be eaten by sharks. You’re more likely to score a royal flush in your first hand of poker. And on and on it goes. Basically, it’s scientifically proven that playing the lottery is a waste of money. So... why do it?
Every week, I play the lottery, and I have for years. I don’t plan on breaking this habit, either, even though I know that it’s essentially statistically impossible for me to win, and so the $2 I spend is a loss from the get-go. I’ve gotten some strange looks from friends and others when they find out I play or notice the tickets in my wallet. People are often surprised, and in some cases, disapproving-- playing the lottery has something of a taboo about it!
But for me, it’s not about the odds that I might not win-- it’s about the fact that I definitely can’t win if I don’t play. Let me explain ….