The gaming team is all at GDC this week, so I thought I’d post some of my notes on the trends from the first Steam Next Fest of 2025:

Every quarter of every year since 2021, Steam, the world’s largest PC games distribution platform, has hosted the Steam Next Fest. I looked at the data from the most recent Next Fest, which ran from Februar

Tariffs are looming, rate debates are heating up, and global markets are caught in the crossfire. With equity volatility spiking past 90-day highs and the president playing policy roulette, traders are responding. CME’s average daily volume climbed to 33.1 million contracts in February, a rush fueled by uncertainty and a growing appetite

Imagine you were at a conference and you asked 1000 people how many jelly beans were in a jar. If you picked one random guess, chances are it would be nowhere near the actual number. However, if you calculated the average of all 1000 guesses, there is a good chance that it would be within 1 or 2 from the actual number.

This is called the

As promised – yet another market update video given the continued carnage across risk asset markets.

Summary

The market continues to experience a broad selloff across both tradFi and crypto assets. Bitcoin has failed multiple attempts to break back above the critical 90-91K range, indicating a clear shift in market structure and risk a

OpenAI’s recent release of GPT-4.5 has sparked diverse reactions across the AI community. Positioned as a significant advancement, this model boasts noticeable upgrades in emotional intelligence, factual accuracy, and creative expression. Initial enthusiasm, however, has been met with dissatisfaction due to its high pricing and incrementa

Today I wanted to post something different, about the attention economy, and cognitive function. Keep reading at your own discretion. 

Asimov’s favorite short story is a story about an AI called Multivac, which he wrote in 1956. It’s titled ‘The Last Question’

He explores the question humanity asked Multivac (and its evolutions over time)

As promised – a follow up market update video given last week’s sell off coupled with the recent Trump announcement regarding the Crypto Reserve.

If you have any questions, please comment below or message in the PRO telegram chat and I will do my best to get back to you guys.

Hope you all enjoy!

The global economy stands on the cusp of a profound structural transformation as the anticipation of Transformative AI (TAI) intensifies. Imagine an economy in which not only manual tasks, but even complex knowledge-based roles—from analysts and traders to researchers and creators—are increasingly performed by AI systems. Unlike previous

The previous cycle marked the most speculative era in blockchain gaming history. Axie Infinity transformed what CryptoKitties and similar early iterations had conceptualized in the years prior. After Axie, the market diverged into two distinct paths:

1. Web2.5 Games: Projects explicitly attempting to “onboard the masses” with light crypto

Last month, we looked at the emerging Clanker ecosystem in Into the Clanker-Verse. The market tanked almost immediately, which saw CLANKER bottom at $15 ($15M mkt cap), down from $55 at the time of the report.

The state of the Base/Solana/Memecoin environment has been completely shaken up throughout this time. VIRTUAL remains without a Co