AI collapses software costs and automates database drudgery. This newly affordable efficiency makes demand explode, creating new complex problems that future companies with human employees will solve. Yet if job destruction outpaces creation, we risk a historical societal revolt instead of a technological breakthrough.
Commentary & analysis of selected stories on February 25, 2026
With over half of companies reporting earnings, 74% have beaten the median earnings estimate on Wall Street. This is below the 5-year average beat rate (78%).
Commentary & analysis of selected stories on February 24, 2026
Large speculators have initiated their largest net long position in the Australian dollar since 2017.
Commentary & analysis of selected stories on February 23, 2026
When economic regimes change, so must the assumptions that govern our thinking of the state of the economy.
Commentary & analysis of selected stories on February 20, 2026