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The Cost of AI Intelligence Fell 99.7%. Here’s Who Actually Gets Rich.
The cost of AI intelligence fell 99.7% in three years. Commoditising the model doesn’t kill the AI trade — it moves the money. Here’s where it goes.
Read moreThe Best Savings Account in America Pays 0.02%
The best high-yield savings account in America pays 4.50% APY. After tax and 3.4% inflation, the real return on cash is 0.02%. Here is why the price level never comes back.
Read moreThe Real AI Bubble Risk Isn’t Demand. It’s AI Capex Depreciation.
The real AI bubble risk is not weak demand. It is AI capex depreciation: $700B of GPUs on six-year books with a three-year economic life, and hyperscaler free cash flow hitting zero in Q3 2026.
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The Cost of AI Intelligence Fell 99.7%. Here’s Who Actually Gets Rich.
The cost of AI intelligence fell 99.7% in three years. Commoditising the model doesn’t kill the AI trade — it moves the money. Here’s where it goes.





