Jun 2026·essayYou can't print this one on a t-shirtThe US barred foreign access to Anthropic's Fable 5 and Mythos 5, an export control that reads less like security than punishment for refusing the Pentagon.
Jun 2026·essayWho decides which agents get to transact?Mastercard and Visa announced agent credentialing systems on the same day. The claim underneath: the right to decide which AI agents can act in commerce.
Jun 2026·essayApple rented the brainApple just handed Google the intelligence layer of 2.2 billion devices, and the contract clause protecting users costs Google almost nothing.
Jun 2026·essayInference got 430× cheaper. Your agent didn't.Inference got 430x cheaper per token, but agents burn 100x more of them. Real savings on agentic workloads is 4.3x, not 430x. Why the curves diverge.
Jun 2026·essayCompute is an energy business. Bitcoin miners knew first.The binding constraint on AI isn't chips—it's power. The Bitcoin miners who survived the 2024 halving already own the grid-connected megawatts.
May 2026·essayThe cost of intelligence just hit zeroAI inference prices fell 1000x in three years. Open-weight models like DeepSeek and Kimi mean the floor stays low permanently.
Apr 2026·essayEvery agent in production is a strangerThe internet's trust mechanisms all trace back to a human who can be held responsible. Agents remove the human. The infrastructure was not designed for that.