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The Cheques Are for the Land Not the Intelligence(substackcdn.com)
In October 2026, Google begins paying SpaceX $920 million per month. The contract, disclosed in a SpaceX SEC filing, runs through June 2029 and buys access to approximately 110,000 Nvidia GPUs, CPUs, memory, and related components. At that rate, the full contract is worth roughly $30 billion. What Google is buying is not a model, not a product, not a research programme. It is hardware capacity, secured years in advance, at a price that eliminates flexibility. That is not how you invest in a technology. It is how you acquire a scarce physical asset before someone else does.
Side-Stepping the Secretary Problem(recurse.com)
Having played both parts in the kabuki play that is employee-employer matchmaking, I feel the way we play it is a zero-sum game. I wish it were not so. When this post started life in 2024, as a wall of text chat message, it was brutal out there, on both sides of the software industry interview table. The ZIRP had ended. As of 2026, post-ZIRP reality has properly set in and remains bad ("AI" is a Fig Leaf (Enterprise Edition) for structural damage they self-inflicted, and if you look at Hyperscaler GPU depreciation schedules, they are making it order-of-magnitude worse). Set to that backdrop, here is a hopefully hopeful hiring anecdote where I think we avoided the so-called "Secretary Problem", framed within Optimal Stopping Theory. It can be done. Non-zero-sum hiring ought to be default-mode for any industry, AI or no AI.