College grads are booing AI...
Ideas to take with you.
- 01
Resistance to AI from new graduates is a rational response to a real structural gap, not a misunderstanding to be lectured away.
- 02
Calls to regulate AI from inside the legacy system are not credible because that system's solvency depends on the very expansion AI is funding.
- 03
Technology distributes downward over time; the frontier becomes free and open source, which means moats around capability are weaker than current valuations assume.
- 04
Inside debt-based money, productivity gains concentrate at the top of a K-shaped economy; inside an honest denominator, the same gains show up as falling prices for everyone.
- 05
Creative destruction eventually reaches the layer that refused to let things fail, including the monetary layer itself.


