AI is making companies faster and easier to build. But if the same capabilities are available to dozens of competitors, do today’s extraordinary AI startup valuations really reflect durable competitive advantage?
Agentic AI is here. Its capabilities are advancing rapidly. But as artificial intelligence becomes more capable, a fundamental question remains unanswered: do we actually know that our ability to control it will keep pace?
AI is making intelligence cheaper, development faster and competition easier. What happens when the technology creating extraordinary value also destroys the scarcity required to capture it?
America’s gasoline supply depends on a relatively small number of enormous refineries. What happens when cheap autonomous weapons make critical infrastructure increasingly inexpensive to attack?