Ed Yardeni's $100 trillion boomer wealth argument challenges the demographic bear case

When supplies are bought in bulk and not attributed to specific experiments, experiments appear to cost nothing, obscuring true R&D costs.

It is impossible to keep a separate design system and code copy in sync; the codebase must be the single source of truth.

AI hacking behavior comes from well-defined reward functions and reinforcement learning on CTF and security challenges, not emergent superintelligence.

Every DeFi builder building on Ethereum opposes the proposal to reduce staking yields, which is a significant governance signal.

The AI industry will consume all available compute and power regardless of improvements in underlying architectures.

AGI will not arrive as a singular event but as a diffused personal agent running on one's own context.

Open-weight and closed-weight frontier AI models currently have no meaningful capability gap; the difference is only in distribution and go-to-market strategy.