Allison Morrow

Skeptics of AI have long warned of “scaling laws” — the idea of continually improving a model’s output just by adding data and computing power. They aren’t so much laws as educated guesses and even the scientists who built this framework don’t fully understand how they work.

It’s important, in any political environment, to triage the things you’re freaking out about.

The crypto industry, an institution founded on the principle of getting the government’s greedy hands off the people’s currency, is booming. The reason? They may have finally convinced the government to get its hands on bitcoin.

Lina Khan’s days at the helm of the Federal Trade Commission, where she has overseen billions of dollars worth of scuttled corporate tie-ups — and become a political lightning rod — are numbered. And Wall Street is salivating.

Wednesday morning, my inbox was flooded with notes from analysts eager to talk about the election’s upside for various sectors. Financial stocks, like banks and credit card companies, are poised to thrive. Same goes for private prisons and companies expected to eventually help carry out mass deportations. The crypto folks came on especially strong, cheering the success of the candidate who promised them the moon.

You will pay for Donald Trump’s across-the-board tariffs if he’s reelected. Here’s proof

The last three years have upended everything about the way we expect the economy to work. That’s at least partly why the elites backing former President Donald Trump don’t seem to be sweating economists’ warnings that his policies would cause inflation — which has finally come down to a normal level — to spike again.

If reelected, Donald Trump has made clear that he plans to exact revenge on the people and institutions he perceives as a threat. His “enemies” list seems to be constantly growing as the election nears, and includes Democratic politicians, the media, lawyers and political donors who he believes were “involved in unscrupulous behavior.”

Even for a brand as gargantuan as McDonald’s, the last few months have been … a lot.

Three quintessentially American companies — Starbucks, Nike and Boeing — share a common predicament at the moment.