Today we celebrate a decade of community, discovery, and exploration in #PokemonGO. 🏞️🤩
We’re excited to share this year’s anniversary artwork from Yusuke Kozaki @kymg, the talented character designer for Pokémon GO.
https://t.co/BJy6WbSWCC
Two economists just published a mathematical proof that AI will destroy the economy.
Not might. Not could. Will — if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."
An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.
Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.
The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.
Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.
Source: Falk & Tsoukalas · Wharton School + Boston University ·
Here's our video of the explosion at Launch Complex 36. It happened about 9 pm ET (0100 UTC) as Blue Origin was beginning a static fire test of its New Glenn rocket.
Watch live views: https://t.co/tm2wZQmAVD
🚨🚨HEARTWARMING🚨🚨
Buffalo #Bills superstar quarterback Josh Allen went to a local school and crashed recess for these young kids.
“Yes, I’m Josh Allen. That’s me!”
This is one of the coolest things you will ever see an athlete ever do.
🥹🥹🥹
Jeff Bezos just said the bottom half of Americans should pay zero federal income tax.
And honestly? He may have accidentally exposed the entire scam.
Bezos pointed to a nurse in Queens making roughly $75,000 a year and paying around $12,000 in taxes:
“We shouldn’t be asking this nurse in Queens to send money to Washington.”
Think about how insane this system has become.
A nurse working 12-hour shifts is taxed before she even sees her paycheck while billionaires borrow against appreciating assets, exploit loopholes, and sometimes pay lower effective tax rates than school teachers.
The average American is funding an empire they can barely afford to live in.
Wars.
Interest payments.
Corporate subsidies.
Defense contracts.
Lobbyist wish lists.
Meanwhile the person changing bedpans in Queens gets her paycheck carved up like she’s financing Rome before collapse.
The most dangerous thing Bezos said wasn’t about taxes.
It was admitting out loud that the people carrying the country on their backs are getting crushed while the system tells them it’s “normal.”
We thought we were getting a TACO
"Trump Always Chickens Out"
But so far we are getting a NACHO
"Not A Chance Hormuz Opens"
(With appreciation to the trader who told me)
Banksy confirmed on social media that a statue that appeared in central London of a man striding off a plinth, with his face blinded by a billowing flag, is one of their works. https://t.co/oheHkqdrVQ