natewitkin · TEXXR

This is insane. Market should not be reacting like this to an economically implausible sci-fi story. That it is implies deep uncertainty and confusion surrounding AI.

2026-02-24 View on X

Wall Street Journal

Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post

The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …

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This is insane. Market should not be reacting like this to an economically implausible sci-fi story. That it is implies deep uncertainty and confusion surrounding AI.

2026-02-24 View on X

CNBC

IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization

International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …

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This is insane. Market should not be reacting like this to an economically implausible sci-fi story. That it is implies deep uncertainty and confusion surrounding AI.

2026-02-23 View on X

Wall Street Journal

Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research

The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.

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This is insane. Market should not be reacting like this to an economically implausible sci-fi story. That it is implies deep uncertainty and confusion surrounding AI.

2026-02-23 View on X

Citrini Research

Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays

A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …

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Incredible work here, per usual. I try to keep it pretty professional on X, but I feel impelled to say that the Roy Lee contingent in SF deserves nothing but scorn (and gonzo ethnography of the Sam Kriss variety, so we can keep tabs, and figure out how it all went wrong). These

2026-02-22 View on X

Harper's

Interviews with Cluely's Roy Lee, Donald Boat, and other highly “agentic” young men, as agency becomes more valuable than technical skills in Silicon Valley

Tech's new generation and the end of thinking … Cluely and its co-founder Chungin “Roy” Lee were intensely, and intentionally, controversial.

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Incredible work here, per usual. I try to keep it pretty professional on X, but I feel impelled to say that the Roy Lee contingent in SF deserves nothing but scorn (and gonzo ethnography of the Sam Kriss variety, so we can keep tabs, and figure out how it all went wrong). These

2026-02-21 View on X

Harper's

Interviews with Cluely's Roy Lee, Donald Boat, and other highly “agentic” young men, as agency becomes more valuable than technical skills in Silicon Valley

Tech's new generation and the end of thinking … Cluely and its co-founder Chungin “Roy” Lee were intensely, and intentionally, controversial.

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Always nice when new research comes out reinforcing something you just wrote ( https://arachnemag.substack.com/ ...)! “2️⃣ No Short-Run Job Losses. Contrary to fears of widespread displacement, the study finds no evidence of reduced employment in the short run once firm selection is accounted

2026-02-19 View on X

CEPR

A study of 12K+ EU companies finds AI adoption increases labor productivity by 4% on average in the EU, with no evidence of reduced employment in the short run

Artificial intelligence promises to reshape economies worldwide, but firm-level evidence on its effects in Europe remains scarce.Forums:Hacker NewsandSlashdotForums:Hacker News:How...

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