Skip to main content

Posts

The Perils of Inherited Wealth

       
Recent posts

The Rise of the AI Super-Majors

All names of people and organizations appearing in this story are pseudonyms… The first warning came not from a missile launch or a naval clash, but from a procurement delay. In February 2027, executives inside NVIDIA received notice that shipments of dysprosium and terbium magnets for next-generation AI server cooling systems would be delayed indefinitely. The minerals themselves were not rare in the earth’s crust. What was rare was the ability to refine them at industrial scale. China controlled nearly all of that. For years, American strategists had assumed software would determine the future balance of power. Silicon Valley produced frontier AI models that could autonomously write software, design molecular compounds, coordinate drone swarms, and optimize entire logistics systems. American firms dominated foundation models, hyperscale cloud infrastructure, and semiconductor architecture. OpenAI, Anthropic, and Google had become...

The Malacca Dilemma: Strategy, Exhaustion, and the Future of Alliances

It might simply be the nation that stayed awake longer.… By 2028, the maps in the Pentagon no longer centered on Europe. They centered on water. The Indian Ocean glowed across wall-sized displays inside the underground briefing room at United States Indo-Pacific Command headquarters in Hawaii. Thin red lines traced oil tanker routes from the Persian Gulf through the Strait of Malacca toward East Asia. Blue icons represented submarines. Yellow dots represented commercial satellites. Every moving ship larger than fifty meters was tagged by machine-learning systems connected to maritime surveillance constellations, underwater acoustic arrays, and long-endurance drones. The Americans called it maritime denial architecture. The Chinese called it strangulation. For twenty years, Chinese strategists had quietly referred to the vulnerability as the “Malacca Dilemma” — the fear that hostile naval forces could cut China’s access to im...

The Golden Heels of Poland

“Every marriage is a business deal,” she said. “But maybe some partnerships are also rescue operations.”… Zu froze with the paper bag still in her hand. The wind coming off the Hudson carried the smell of rain, engine oil, and roasted nuts from a nearby street cart. Behind them, lower Manhattan glowed in the blue-gray light of early evening: glass towers reflecting wealth so enormous it barely resembled money anymore. Hedge-fund offices. Luxury condos owned by shell companies. Art galleries laundering reputations as often as paintings. And standing between those worlds was the old homeless woman. Tom smiled awkwardly, one hand tucked into the pocket of his wool coat. “Mom,” he repeated gently, “this is Zu.” The old woman straightened a little. Up close, she looked less like a beggar and more like someone who had slowly fallen out of society’s frame. Her coat was patched but once expensive. Her fingernails, though dirty, had been ...