The Frontier

A New York Times op-ed predicts a 'permanent underclass' from AI. Nathaniel Whittemore argues Silicon Valley builders often misjudge AI's real-world economic impact, citing economist Kevin Bryan's view that economists largely reject this permanent underclass thesis.

Emily Jashinsky cites a New York Times piece arguing AI companies' core business model relies on disruption, creating a painful transition that will disempower millions into an underclass.

Saagar cites a New York Times focus group of disappointed Trump voters, where feelings of betrayal, disappointment, and regret were dominant. Participants graded his second term mostly with Ds and Fs.

The ruling will spiral redistricting wars into 2028, with Democrats in New York, Colorado, Illinois, and Maryland exploring further gerrymanders to eliminate remaining Republican seats.

Coyotes have expanded into every U.S. state and major city, including New York and Chicago. Their populations increase when pack members go missing, as females have larger litters.

A California 'billionaire tax' initiative secured enough signatures for the ballot. In New York, Mayor Adams and Council Speaker Julie Menin are pushing to reduce a tax loophole for high earners to generate nearly $1 billion.

Saagar details a New York Times report on depleted U.S. munitions: 1,100 long-range stealth cruise missiles, over 1,000 Tomahawks, and 1,200 Patriot interceptors were used. Replenishing stocks could take six years, compromising plans to defend Taiwan.

New York Mayor Zoron Mandani proposes five government grocery stores at a cost of $70 million over three years, with the first East Harlem store estimated at $30 million. Peter St Onge argues this is four times the cost and eight times the delay of private alternatives.

Peter St Onge states at least ten blue states, including California and New York, are exploring exit or wealth taxes. California proposes a one-time 5% tax on the net worth of 200 billionaires, plus a 1.5% annual tax, hitting unrealized gains and potentially reducing state revenue by $3 billion.

Peter St Onge notes New York is proposing a 9% exit tax and a 4% annual wealth tax on second homes, while Washington and Michigan have hiked their top tax rates to nearly 10%. New York City's top rate is already 11%, with plans to raise it to 17%.