Middleboro Review and so on

  UNFTR Weekly Roundup Follow us on Bluesky , and check out Max’s contributor videos on the MeidasTouch Network! Was this newsletter forwarded to you? Sign up here!   Max Notes Economies of Scale The most convincing argument against the AI economy that I’ve heard (and there are many) is that it breaks a fundamental economic law. Economies of scale. AI boosters have long said that the technology is in its infancy and will only continue to improve rapidly over time.   Moore’s Law, check.   Many industry leaders such as Sam Altman and Dario Amodei are beginning to reverse their claims that AI will displace the vast majority of jobs, and instead be closer to prior technological revolutions that created new opportunities at an even pace to displaced legacy roles.   Creative destruction, check.   But none of this compensates for the fact that for AI to improve and to create said opportunities, the cost structure over time grows commensurate with the technology. ...

  View in browser UNFTR Weekly Roundup Follow us on  Bluesky , and  check out  Max’s contributor videos  on the MeidasTouch Network! Was this newsletter forwarded to you?  Sign up here!   Max Notes Hear me out, Canada. Far be it from me or any other American to pass judgment on the affairs of other nations. Canada might be the place of my birth, but it’s not my home, so I offer this with the utmost love and respect. But we need to talk about Carney.   There’s a version of this essay that reads like a victory lap. Canada grew 1.7% in 2025—second highest in the G7—avoided the recession that most forecasters fully expected, and watched its prime minister become something of a geopolitical celebrity while the American president spent the same period alienating every ally on earth. Mark Carney has a 58% approval rating. He and Mexican President Claudia Sheinbaum are, without hyperbole, the two adults keeping North America in any kind of coherent global...