Strait Up Now Tell Me

“For the better part of the past year, Wall Street analysts and tech-industry observers have fretted publicly about an AI bubble. The fear is that too much money is coming in too fast and that generative-AI companies still have not offered anything close to a viable business model. If growth were to stall or the technology were to be seen as failing to deliver on its promises, the bubble might burst, triggering a chain reaction across the financial system. Everyone—big banks, private-equity firms, people who have no idea what’s mixed into their 401(k)—would be hit by the AI crash. Until recently, that kind of crash felt hypothetical; today, it feels plausible and, to some, almost inevitable.” The Atlantic (Gift Article) on how the Iran war might trigger some big economic problems (beyond the ones you’re already thinking about): Welcome to a Multidimensional Economic Disaster.

+ As per usual, while some people are worried about tech advancement and portfolio returns, others are worried about less lofty pursuits; like eating. NYT (Gift Article): Global Food Supply Faces a Dangerous Bottleneck as Iran War Persists. “Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk.”