Wednesday, September 30, 2026
4 stories
Should new parents invest in financial capital for their children, pour money into their human capital instead, or choose something else entirely? The piece works through the knotty trade-offs of investing for babies. It's a thought experiment that doubles as a lens on what really compounds over a lifetime.
Payment cards linked to cryptocurrency accounts may be enabling Chinese buyers to purchase American AI models — a novel sanctions-evasion scheme at the intersection of the AI boom and crypto fraud. The scheme shows how fast crypto infrastructure is being repurposed around AI trade restrictions. Regulators will likely take notice.
Even as AI lifts economic growth, it could make it harder for governments to raise taxes — worsening the fiscal crunch across the rich world. The argument is that AI-driven growth may not produce the kind of taxable activity treasuries rely on. It's a sobering counterpoint to the optimism that AI will pay for everything.
A wave of partner poaching is shaking up America's biggest law firms — and AI isn't the cause. The talent raids may foreshadow a deeper transformation of the firms' business model. It's a reminder that the legal industry's disruption could come from labor markets before technology.