An interesting trend in forecasting where the world is going is by looking at SEC filings for the overuse of buzzwords. When buzzwords peak, the value of those terms usually deflate.
It is one of the cleanest examples of how corporate America rapidly changes its language in response to shifts in technology, culture and regulation.
Right now everyone is glomming onto AI like it’s a life raft. But these same folks have not yet shown repeatable, audited, verifiable ROI even as their CapEx and OpEx are increasing with token costs on all things AI.
This has happened before. DEI was the defining investment and disclosure trend from 2020-2022, then declined rapidly.
“AI” began a sustained climb after late 2022 and is now nearly ubiquitous in large-company filings.
“Agentic” is now following an even steeper adoption curve, albeit from an almost nonexistent base. It appears to be becoming the newest “must-have” AI descriptor.
Now, to be clear, AI is real and will be. It is the defining change of our lifetime. But the path to spending money to see value is still largely uncharted.
We are in the early phase where a few companies are making all the money from our largesse. This needs to be reset for everyone to win.
been a while since I decided to write an unsolicited book review, but I finished this one, earlier this week and honestly solid 9/10. (first fiction book i read that has ai integrated in a black mirror way lol)
the most interesting thing about web3 is that soon, nobody will call it web3. it’s becoming the convergence layer for financial internet where data, $, ownership move as freely as information.
Major areas where the financial system still needs an update:
1. Tokenization of real-world assets - Real estate, stocks, bonds, funds, etc. onchain for instant settlement, fractional ownership & massive distribution.
2. 24/7 Global trading - Pooled global liquidity, every asset, every person, with great leverage and capital efficiency.
3. Next-gen payments - Near-instant, low-cost global transfers using stablecoins, including for Agentic payments.
4. AI-powered risk, credit, compliance, and advice - Better decisions, less fraud, and broader access to capital. Everyone gets access to a great financial advisor.
5. Innovation friendly regulation - Move from one-size-fits-all to risk-based rules that encourage innovation and competition instead of stifling it.
6. Expanded access - Open protocols that reduce middlemen and self-custodial wallets to expand access to everyone with a smartphone.
7. Capital formation - Low cost and turnkey for anyone to raise money for a good idea, increasing the number of startups.
8. Sound money - A refuge from inflation, when discipline is lost in fiat money.
Jobs not done until we get these working for all.
Will require lots of tech innovation and policy work to get there.
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