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The AI bust scenario that no one is talking about
Even if AI works, and even if it gets adopted very fast, it might not make profit.
10 hrs ago
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Noah Smith
215
24
18
Europe is under siege
Menaced by Russia and China, abandoned by America.
Dec 7
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Noah Smith
843
233
121
They need to make you hate some group
As soon as you start judging people as a group, the rightists win.
Dec 5
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Noah Smith
450
176
61
China has invented a whole new way to do innovation
Extreme vertical integration makes China's research system different than any other.
Dec 4
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Noah Smith
288
58
27
America's mayors are right to support small business
Supporting the middle class, shoring up support for the system, and restoring the lifeblood of our cities.
Dec 3
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Noah Smith
232
78
19
I love AI. Why doesn't everyone?
Anti-AI sentiment might or might not be rational, but it certainly relies on a lot of bad arguments.
Dec 1
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Noah Smith
455
327
82
November 2025
The "$140,000 poverty line" is very silly
People love to say that the American middle class is poor. But it's not.
Nov 29
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Noah Smith
401
182
59
Book Review: "Blank Space"
In which David Marx offers a theory of why our culture has stagnated.
Nov 28
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Noah Smith
194
52
16
Noahpinion's 2025 Year in Review
Year Five of the Noahpinion Substack.
Nov 27
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Noah Smith
368
32
31
Bad education is a terrible way to fight inequality
The collapse of Americans' math and reading skills is a national emergency.
Nov 26
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Noah Smith
390
108
58
At least five interesting things: Future of Humanity edition (#72)
AI "bubble"; Tariffs and inflation; African solarpunk; Mass extinctions; De facto sovereign wealth funds; U.S. immigration policy; EVs and messaging
Nov 23
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Noah Smith
401
83
42
The economics theory that could have saved the Trump presidency
Sometimes it's good to listen to the economists.
Nov 21
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Noah Smith
494
65
52
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