Silicon's Second Act
The chip war has moved from fabrication to packaging — and the countries that saw it coming are already two years ahead.
AI agents were supposed to replace workers. Instead, they are reorganizing the org chart around whoever knows how to direct them.

The chip war has moved from fabrication to packaging — and the countries that saw it coming are already two years ahead.
Passive investing now owns a fifth of corporate America. Nobody is entirely sure who's steering.
Fund cycles are stretching, exits are rare, and the industry's favorite story about itself is due for a rewrite.
Records outsold CDs, then streaming playlists became albums again. The format war ended in a truce nobody predicted.
Institutions built to last centuries are learning to compete with content built to last seconds.
A decade of research has quietly overturned almost everything we believed about the sleeping brain.
One email, every weekday morning. The five stories that actually matter, in five minutes — reported by our desks, never aggregated.
Storage was the missing piece of renewable energy. It stopped being missing faster than anyone modeled.
Individual writers now command audiences that entire mastheads once fought over. The economics are just getting started.