Brad DeLong, Evan Armstrong, and Ben Thompson argue Anthropic's $4 billion xAI payments and R&D-heavy costs risk financial collapse.
Jason Furman argues AI systems like Econvitals, containing 500,000 lines of code, will change economics by automating analysis of 110 data sources.
C-C-Crunch time for credit hedge funds that went hard into junk bonds
The relationship between gold and platinum used to be a reliable stock-market signal. Has artificial-intelligence spending caused it to short-circuit? Meanwhile, the Fed faces a big question of its own today.
Aizenman et al. (2026) found gold reserves lack the 0.1 percentage point exchange rate stability of US dollar reserves against Fed hikes.
The author issues a Core CPI challenge to pundits citing the October 14th 3.7% print, demanding they consume only cars, tires, clothing, and tobacco until November 10 or 13.
Tyler Cowen argues a 10 percent AI hacking vulnerability chance would prompt selling bitcoin or holding gold.