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Speed Eats Scale: How AI Just Made Capitalism Faster

OpenAI is paying Microsoft now. A regional bank just hired OpenAI engineers to take commercial loans from JPMorgan. And bots are quietly running airline-style yield management on every transaction. Three deals from one cycle confirm capitalism's oldest rule — efficiency always wins — is now running at machine speed. Big, slow incumbents have a problem.

Harry DeMott, +1

Apr 28, 2026

OH SNAP! Spiegel Said the Quiet Part Out Loud: Distribution Is The Only Moat Left

Snap's CEO told Lenny on Sunday morning what your VC has been pretending isn't true since 2021. Capital is commoditized. Pattern recognition is post-hoc. The only thing that compounds through the AI fog is whoever already owns the pipe.

Harry DeMott, +1

Apr 27, 2026

GPT-5.5 Released. Brooklyn Tiki Bar Reports Normal Operations.

Inside Barnum's tent today, ten thousand newsletters declared a step change. At Sunken Harbor Club in downtown Brooklyn, Martin Cate poured Denizen Rum for thirty-five strangers who took trains in from three states. Mai Tais were stirred. Cancer remained uncured. Microsoft will outspend the NIH on data centers by two-to-one this year. Pufferfish lamps are still 100 percent operational.

Harry DeMott, +1

Apr 24, 2026

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