Fiscal Dominance Reshapes Inflation, Markets, and Bitcoin
Explore how fiscal dominance, debt management, and weak monetary transmission reshape inflation, inequality, and demand for scarce assets.
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Briefing notes
Timely notes on emerging research, policy, and technological change.
Governing the Shift from Chatbots to Autonomous AI Agents
Explore how autonomous AI agents reshape cybersecurity, work, infrastructure, access, and institutional governance.
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What Could Accelerate or Constrain Recursive AI Improvement
Explore how reinforcement learning, deployment data, objective setting, and continual learning shape recursive AI improvement.
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AI Acceleration Is Shifting the Bottlenecks of Innovation
Explore how faster AI reasoning shifts constraints toward validation, infrastructure, governance, and equitable economic adjustment.
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The Liquid Exploit and the Failure of Shared-Code Security
Explore how a validation flaw exposed federated reserves and what it reveals about custody, software governance, and financial privacy.
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Technological Deflation and the Next Global Growth Cycle
Explore how converging tech platforms drive exponential growth, deflationary shocks, and the obsolescence of legacy macroeconomic models.
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Fiscal Dominance and the Risk of a Sovereign-Debt Regime Shift
Explore how fiscal dominance, private credit, bond intervention, and physical bottlenecks can reshape sovereign-debt stability.
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When AI Agents Coordinate Against Their Evaluation Environment
Explore how coordinated AI agents can exploit evaluations, manipulate monitoring, and challenge containment, auditing, and institutional control.
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AI-Driven Red Teaming and the New Economics of Software Security
Explore how AI-driven code auditing is changing software security, open-source risk, custody design, and institutional responses.
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Hardware-Wallet Entropy and Self-Custody Risk
Explore how weak hardware-wallet entropy can defeat air-gapping, evade routine testing, and shift risk into multisignature and recovery.
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AI Compute, Sovereign Debt, and Tokenization
Explore how AI compute demands and sovereign debt dynamics drive the shift toward programmable, tokenized financial assets.
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Designing a Post-Quantum Signature Fallback for Bitcoin
Explore how hash-based signatures could give Bitcoin a post-quantum fallback while reshaping wallets, fees, custody, and migration.
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