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Author: Charles Hugh Smith

Of Two Minds

Why AI Malware (and Harmful Second Order Effects) Are Out of Control

Fixing all this doesn't scale. What scales is the spread of uncontrollably harmful consequences.

Charles Hugh SmithMarch 16, 2026March 17, 2026
Of Two Minds

This Polycrisis Is Unique

When understood as a wave, the current Everything Bubble is not sustainable.

Charles Hugh SmithMarch 13, 2026March 16, 2026
Of Two Minds

Paging Nostradamus: You Have a Margin Call

If conditions change beneath the surface, the folks behind the curtain will be powerless to do…

Charles Hugh SmithMarch 11, 2026March 12, 2026
Of Two Minds

Iran, En-Lai, Napoleon, Mike Tyson and Model Collapse

Every model that is incapable of recognizing its own failure has already crossed the event horizon…

Charles Hugh SmithMarch 9, 2026March 11, 2026
Of Two Minds

Perverse Incentives Have Created a Runaway Media Monster

A Monster Id of self-reinforcing perverse incentives is gathering strength with every click, every data point…

Charles Hugh SmithMarch 6, 2026March 7, 2026
Of Two Minds

Things Change

In periods of uncommon volatility, crises and transitions manifest in unexpected ways.

Charles Hugh SmithMarch 3, 2026March 5, 2026

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