Whatnot hired one PM out of 31,832 applicants, and their CPO says that's the strategy. Risk is volatility squared: why the blowup wasn't about leverage. Nobody owns your AI bill, and 18% of enterprise AI spend is untraceable.

A version of Basecamp discontinued in 2010 still makes millions a year in near-pure profit. An $18 trillion coalition letter on open weights, and the one company that did not sign. Plus the layoff-trap paper: everyone loses, owners included.

Fireworks' Lin Qiao argues the future is millions of specialized models, not one AGI. Plus: DoorDash's agents are already reordering the basket, Jim Collins on why 'do what you love, the money follows' is false, and the China-model story gets a cybersecurity twist.

Curative replaced a whole department with one agent (12 hours, 20 cents). The AI capability race turns into a price war. Plus the coding TAM ceiling, why software stopped being a moat, and the VCs funding AI who've never touched Claude Code.

a16z says the agent economy is rebuilding every management dysfunction — 80% of tokens do nothing. Plus Wix’s Avishai Abrahami on why you won’t vibe-code Shopify, and Alexis Ohanian on sports as the ultimate anti-AI bet.

Booking's Glenn Fogel: there's no such thing as a moat. Glean's Arvind Jain: 90% of enterprise use cases now run on open source. Ramp's Eric Glyman: the AI labs are the real competition. Plus the 3 Us growth framework and California's new SaaS tax.

The tech workforce splits in two by how AI treats you; Jonathan Ross on why reality quotient beats IQ; Hanover Park's case that B2B SaaS is dead; and Mike Mignano's rule — don't automate, obliterate.

Coinbase counts 1,200 AI agents as headcount and fixes the context, not the output. Why competent is now worthless, Pincus on Proven-Better-New, the open-source ban that could kill Cursor, and why the deletion was the product.

The first hard data on AI and jobs — heavy adopters are hiring more, not fewer. Plus why cheaper tokens keep raising your bill, Scott Wu on building software used once, Chamath's $4T services bet, and Bloom Energy's no-bubble case.

The bottleneck to AI ROI is redesigning the work, not the model. Plus: why "open source" AI is really a Chinese state subsidy, the 150-seat token cliff blowing up budgets, the NDR-to-valuation exchange rate, and why AI makes everyone sound the same.