10 Sunday readings – the big picture

My sunday morning Look at the incompetence, corruption and policy failures:

• Eleven predictions: Here’s what AI does next: Are you ready? is anyone ready (Honest Broker)

• Why the art of collecting has lost its luster: From vintage cars to clocks and paintings — amateur connoisseurs driven by passion for their pastime have been replaced by those looking for an investment opportunity. gloss (Financial Times)

• Crypto is the Trump family’s new venture. Ethical watchdogs have concerns. The former president’s older sons are preparing to launch a new cryptocurrency venture. (political)

• Why are the mega-rich in Miami dropping millions to live here? Enter the billionaire’s bunker: Miami’s richest celebrities have found their hideout. It sits on an island in Biscayne Bay, guarded by its own police force and run by its own mayor. Beyond the front gate, you’ll find more than 30 mansions, a golf course, a country club. But there is no welcome sign for you. New neighbors Ivanka Trump, Tom Brady and Jeff Bezos are leading the ‘Billionaire Bunker’ revival. Not only do they bring their mega-money, but they also bring their mega-celebrity — and their quest for mega-privacy. (Miami Herald)

• How dating apps are contributing to the demographic crisis: The Consequences of Monetizing Love! Dating apps are under a lot of pressure. Declining incomes, people unwilling to pay, and a seemingly disinterested Gen Z sent stocks tumbling and activist investors flipping. Their only way forward is monetization – but what does this mean for the demographic crisis? (Kyla’s Newsletter)

• When the Bitcoin scammers came after me: Single Americans are thirsty for companionship and hungry for money. (The Atlantic)

• FBI busts $10M streaming copyright theft powered by musician’s AI: Feds say first US criminal case involving artificially inflated streaming music. (Ars Technica)

• Google thinks Beethoven looks like Mr. Bean: Instead of real portraits, Google provides AI-generated garbage. (The Honest Broker)

• DOJ: Russia Targeted Propaganda Against Gamers, Minorities to Change 2024 Election. Recently unsealed court documents reveal in unprecedented detail a campaign called the Good Old USA Project, which Russian authorities believed could influence the US election. (Filat) see also Right-wing podcasters turned Russian propaganda into dupes, he explained: DOJ Says Tim Pool, Dave Rubin, Benny Johnson and Others Were Russian Crooks. (voice)

• Dragons and Sharks on a Beach Near You: The Story of the Great Lego Spill: Nearly five million Lego pieces washed into the sea in 1997. The pieces are still turning up — on the coast of England, in Ireland, Belgium, France, and possibly on a nearby beach. (New York Times)

Be sure to check out our Master of Business next week with Mike Wilson, Chief US Equity Strategist & Chief Investment Officer at Morgan Stanley. He started at MS in 1989 as an investment banker, rising through the ranks to the company’s top strategic positions. Previously, he was a sales trader, head of content distribution for North America and CIO of the Wealth Management group.

As the US relied less on imports from China, the EU imported more

Source: Peterson Institute for International Economics

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To find out how these readings are assembled each day, please see this.