Reading — Dr. Victor Shammas

No Signs of AI Payoff Outside the Tech Sector | The Daily Spark

Sat, 24 Oct 2026 00:00:00 +0000

apollo.com

Apollo’s Torsten Slok argues that the massive AI buildout hasn’t brought any measurable gains to non-tech sectors in the U.S. “The AI story will be decided in the S&P 493, not the Mag 7, and so far, there is no evidence that revenue growth or margins are improving outside the tech sector,” Slok writes.

Musk’s bet of the century

Sat, 24 Oct 2026 00:00:00 +0000

ft.com

This week, Elon Musk confirmed that Tesla and SpaceX are exploring a merger, which would combine “most of his business interests into what amounts to a single publicly traded Musk Inc.” This potential conglomerate could grant the world’s richest man even greater powers, including majority voting control over Tesla, where he now holds only about a fifth of the shares.

Living off assets? European household incomes in the ‘asset economy’

Sat, 24 Oct 2026 00:00:00 +0000

academic.oup.com

An empirical assessment of the “petit-rentier” class in the “asset economy” across 23 European countries. Perhaps unsurprisingly, “the ‘asset economy’ appears to consolidate trajectories of income concentration rather than democratisation.”

Warhound raises $200M to engineer war dogs and arm them with Anduril gear

Sat, 24 Oct 2026 00:00:00 +0000

techcrunch.com

The tech right’s dreams are truly the stuff of nightmares: Warhound “combines advanced cloning and genetic engineering to develop the next generation of working dogs for military use. The dogs will then get high-tech hardware developed by Anduril.”