Jeffrey Currie: “The AI revolution will likely be about atoms, not bits, as that’s where the choke point ultimately is. Chips, turbines, transformers – hence critical minerals. In the new AI race the actual chokepoint has moved off bits entirely, onto atoms: silicon, where Nvidia sets the price, and the commodity complex underneath it: copper, steel, gas, uranium, the metals and molecules.”
WSJ: “India has become ground zero for superfast deliveries—often in under 10 minutes—of everything from eggs to electronics, fueling a boom that has attracted billions of dollars from global companies and deep-pocketed investors…The backbone of the system is a dense network of tiny warehouses—known in the industry as “dark stores” and by Amazon as micro-fulfillment centers—scattered throughout a city, with delivery radiuses averaging about 1 to 2 miles.”
Matthew Prince: “Builders create products. Sellers sell those products. Measurers do everything else: internal audit, revenue recognition, finance, legal, compliance, middle management, operations and on and on. Contrary to what some analysts predict, builders aren’t going anywhere. If an engineer on my team can now be 10 times as productive, I’m going to hire as many as I can find. Sellers, too, are safe from extinction. Humans still control budgets, and they want to buy from people who take the time to understand their needs, build trust and fix whatever goes wrong. Measurers are also critical to a business, but different from the other two. The best are hard to find. They work tirelessly behind the scenes, don’t seek the recognition of a front-of-house role, and ideally have a perspective independent from the rest of the organization…AI isn’t coming for builders or sellers, but it is coming for measurers.”
WSJ: “These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably.”
