
Pharma’s $480 Billion Onshoring Wave Still Needs an Operating System
Tariffs pulled the capital. Without AI-enabled factories and the workers to run them, the resilience story remains incomplete
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Tariffs pulled the capital. Without AI-enabled factories and the workers to run them, the resilience story remains incomplete

By distinguishing control from contamination, New Delhi is testing whether imperfect capital outperforms empty industrial parks.

Ohio’s 8 GW AI campus will create thousands of construction jobs—and then almost none. Economic development still treats compute like steel.

Before we retire the jobs number, remember what happened the last time we did.

Edition 25

Edition 24

Edition 23

The economic study that flips the AI employment narrative on its head

Record capital is flooding the US. Grid queues, water lawsuits, and a live carbon tax are quietly killing the returns.

Edition 22

Via Financial Times..

Edition 21

When three-quarters of your headline number is M&A and accounting entries, the celebration is the story.