AI Bulls v. Bears? Buffalos win.
In this Saturday essay, we reframe the AI narrative away from simplistic “bull vs. bear” debate and toward a clearer behavioral truth: the buffalo runs into the center of the tornado. While “if it bleeds, it leads” headlines cast AI as the convenient villain—amid layoffs, automation anxiety, and volatility in AI-linked equities—the largest signals are not in sentiment, but in capital allocation. We parse panic versus reality, track where the infrastructure dollars are still flowing, and explain why the AI cycle is not “over” until everyday tools—starting with the smartphone—become genuinely…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.