Artificial Intelligence
We assume artificial intelligence will soon autonomously buy all our groceries and manage our daily shopping. The reality is that agentic commerce is a theoretical fantasy completely blocked by unresolvable payment liability and fundamental consumer psychology.
Robotics
We assume the future of online retail is a race to the bottom controlled entirely by the Amazon search bar. The success of independent footwear brands like Atoms proves that modular infrastructure allows obsessive founders to bypass monopolies and build highly lucrative cult communities.
Meta
We think Meta is just a social feed where brands buy basic image advertisements. They are actually building an ecosystem where businesses can instantly generate custom applications using simple text prompts.
Shopify
The global talent pool for proprietary e-commerce coding is notoriously small and expensive. Artificial intelligence is completely eradicating this technical bottleneck and transforming merchants into elite software engineers. Inspiration: Observing the terrifying speed at which the Shopify Sidekick assistant generates custom applications. Realizing that deploying large language models to
Technology
We assume major advertising platforms rely primarily on massive enterprise budgets for their sustained revenue growth. In reality, their ultimate cash flow depends entirely on the frictionless creation of millions of scrappy Shopify merchants.
Technology
The market is panic selling SaaS stocks because "software is free." They are wrong. AI lowers the cost of coding, which expands margins. The new bottleneck isn't building the product; it's getting anyone to care.
Shopify
We talk about AI replacing writers. But the real disruption is coming for the "Purchaser." Agentic Commerce will connect the demand signal directly to the factory floor, removing the human bottleneck in the middle.
Economy & Markets
Shopify: The Inevitable Journey to the S&P 500 Inspiration: The tensions that began to develop between CRA and Shopify. While none of this is financial advice, my prior bets on Uber and Palantir showed the power of index inclusion. So, we are going to talk about how Shopify’