Sunday, June 21, 2026

Importance of Basic Science Research

The Science that Turned Lizard Venom into GLP-1s is Under Attack
https://www.nytimes.com/2026/06/20/opinion/glp1-research-science-funding.html 

Inflationary Effects of the AI Boom

The Memory-Chip Crisis Is Here—and You’re Footing the Bill
https://www.wsj.com/tech/personal-tech/memory-chip-crisis-consumer-electronics-d24cdddf
Prices are rising on smartphones, game consoles, laptops and more. 

US Equities: The AI Bubble Debate

All the Money Flooding into AI is a Giant Warning Sign by JAMES MACKINTOSH
https://www.wsj.com/finance/stocks/all-the-money-flooding-into-ai-is-a-giant-warning-sign-6e08e3ea
When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced. 

Galbraith’s bezzle lurks beneath the AI frenzy by Edward Chancellor
https://www.reuters.com/commentary/breakingviews/galbraiths-bezzle-lurks-beneath-ai-frenzy-2026-06-19/


MY TAKE:
The AI bubble could be worse than the dot-com bust by Vivekanand Jayakumar, The Hill - 06/16/26
https://thehill.com/opinion/finance/5925202-tech-bubble-ai-driven-growth/

The High Cost of Home Ownership

Owning a Home Is Getting More Expensive in Every Way
https://www.wsj.com/economy/housing/home-ownership-costs-charts-7fe04eb3
The long list of spiraling costs includes property taxes, insurance, maintenance and home improvements. 

Saturday, June 20, 2026

Cognition in the Age of AI

Cognition for Sale
https://www.project-syndicate.org/onpoint/what-ai-cannot-replace-by-sami-mahroum-2026-06
AI is doing what no previous technology could, turning tacit human knowledge into a product that can be extracted, priced, and distributed at scale. Yet the same technology that democratizes cognitive labor may also weaken the human capacities on which complex societies depend. 

Inside the great professionalization
https://www.newstatesman.com/culture/books/2026/06/inside-the-great-deprofessionalisation
AI is taking the humanity out of our jobs.

Reagan Tax Cuts and Budget Deficits

The Surprising Truth About Reagan’s Tax Cut
https://www.wsj.com/opinion/the-surprising-truth-about-reagans-tax-cut-3f0794aa
It widened the deficit—not by cutting the top rate, but purely by relieving families from automatic increases through bracket creep. 

The Rise of Jane Street

Secretive Wall Street Powerhouse Jane Street Seizes the AI Spotlight
https://www.wsj.com/tech/ai/jane-street-ai-wall-street-bdfcc81a
The firm has surged from a handful of staffers to 3,500 with plans to recruit more than 500 employees this year.