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The typical household under 35 lost 23% of its wealth from 2022 to 2025, falling from $44.7K to $33K. Most other age groups changed by 6% or less, whereas people 75 and older gained 37%.
Source: CEPR (X)
The number of people writing dissertations in the humanities has collapsed; now the same thing is happening in the social sciences.
Cuts in funding, the tight academic job market, and AI are rapidly changing the university and cratering graduate programs.
Each AI wave increases memory demand. Not a coincidence that Micron is calling for $61.5B next quarter, right after a $54B one
Source: Jukan (X)
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Gnosly Live Signals | AI is getting cheaper
At a given level of performance, cost has fallen ~47%/quarter since 2023.
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Gnosly Live Signals - China is seeing a historic boom in exports due to AI.
China outsmarts the world - Source The Kobeissi Letter
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