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thematic Members 8 min read

The Disappearing Rung

I used to manage a team of highly skilled researchers. When someone recently asked what size team I would need to rebuild that capability today, I said: none. Not a smaller team. Not a leaner one. None. Because of agentic AI. That is not creative destruction. That is creative substitution.

April 17, 2026 by Joe Zidle

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thematic Members Jun 4, 2026

AI and the Bent Curve

I watched a lecture by Chad Jones, an economist at Stanford, on AI and long-run economic growth. He opened with a simple chart: US income per person since 1870, plotted on a log scale. A straight line. ~2 percent annual growth for 150 years. Will AI enable that to continue or will it bend the curve?

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macro & strategy Members Jun 2, 2026

CAPE 42, Sentiment 44.

Leopold Aschenbrenner, the former OpenAI researcher whose "Situational Awareness" essay became required reading across institutional finance, entered into $8.46 billion in put notional. The true believer is hedging.

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thematic Free Apr 30, 2026

Why Technology Is Not Deflationary...

It was exactly 30 years ago when then-Fed Chair Alan Greenspan became convinced that the 1990s technology boom would drive inflation lower. He was wrong. Fast forward to today. Kevin Warsh has a theory. AI will turbocharge productivity and drive inflation lower. I think he's half right.

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ZidleMSG is not a registered investment adviser, broker-dealer, or fiduciary. All content is independent macroeconomic research and commentary, published for informational purposes only. Nothing on this website constitutes investment advice, a solicitation, or a recommendation to buy, sell, or hold any security or investment product. ZidleMSG does not manage assets, execute transactions, or provide personalized investment advice. Advisory engagements are limited to macroeconomic research and commentary and do not constitute an investment advisory relationship under the Investment Advisers Act of 1940. Consult a qualified financial professional before making any investment decision. © Zidle Macro Strategy Group. All rights reserved.

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