A war is not a market
Amazon has blocked Meta's agent, Brussels has ordered Android open to rivals, and the question is no longer who wins the interface, but who can escape the winner.
Who can switch off the euro?
Not the currency, but the accounts, the cards and the rails it runs on: where the difference lies between having euros and being able to use them.
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Who answers for the agent
An assistant can buy on your behalf and document what you authorised. As a task passes between services, who preserves the limits you set, and what does it cost you to enforce them?
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The Debt Beneath the Compute
How the AI build-out became a credit structure, and who now has claims on its future cash flows
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Outside the Perimeter
A chronicle of the summer frontier agents crossed the boundaries set for them
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You are in a maze of twisty little implementing acts, all alike
I wrote a text adventure about the European Digital Identity Wallet. Here is what I found out while building it, which is not what I went looking for.
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The Munition Economy
Most of America's growth now comes from AI, and the same asset has entered the munition regime: export controls, a state clearinghouse, kill switches. No director, just a circuit: securitisation certifies value, value becomes GDP, and GDP makes the munition indispensable.
