Thelastprospector
@thelastprospector.bsky.social
Former geologist and venture capitalist, enthusiastic pilgrim on the Camino de Santiago
Fabulous essay on the dynamics of Canada-US diplomacy. open.substack.com/pub/1stfutur...
Mark Carney's Invisible Weapon
How Canada’s Mark Carney Is Shaping the Coming Conflict with America
open.substack.com
February 1, 2026 at 5:22 PM
Fabulous essay on the dynamics of Canada-US diplomacy. open.substack.com/pub/1stfutur...
If the runaway pace of AI development freaks you out, this is an encouraging sign: Anthropic just put out a "Constitution" for the Claude model that provides at least a first pass at human-centric guardrails. www.anthropic.com/constitution
Claude's Constitution
Anthropic is an AI safety and research company that's working to build reliable, interpretable, and steerable AI systems.
www.anthropic.com
January 29, 2026 at 5:30 AM
If the runaway pace of AI development freaks you out, this is an encouraging sign: Anthropic just put out a "Constitution" for the Claude model that provides at least a first pass at human-centric guardrails. www.anthropic.com/constitution
Lots in the news about copper supply as the real barrier to widespread electrification, datacenters and AI. Here is the picture from a prospectors perspective- discovery rates. Not a problem yet, but it is approaching fast. thelastprospector.substack.com/p/will-coppe...
Will Copper Supply Slow Down Electrification?
Alarming signs in the copper discovery story
thelastprospector.substack.com
January 27, 2026 at 4:46 PM
Lots in the news about copper supply as the real barrier to widespread electrification, datacenters and AI. Here is the picture from a prospectors perspective- discovery rates. Not a problem yet, but it is approaching fast. thelastprospector.substack.com/p/will-coppe...
Quotes of the Week- January 22, 2026 open.substack.com/pub/thelastp...
Quotes of the Week- January 22, 2026
Two leaders. Two visions. One short week in Davos that redefined the world order.
open.substack.com
January 24, 2026 at 3:13 AM
Quotes of the Week- January 22, 2026 open.substack.com/pub/thelastp...
thelastprospector.substack.com/p/china-buil...
My take on why last week's China-Canada trade agreement is such a big deal. It's not about subsidies, its about great manufacturing and design that will now be available to Canadians.
My take on why last week's China-Canada trade agreement is such a big deal. It's not about subsidies, its about great manufacturing and design that will now be available to Canadians.
China Builds Great Affordable EVs. That's Not Unfair—It's The Future.
Remember when "China is copying our tech" was the complaint? Things have changed.
thelastprospector.substack.com
January 20, 2026 at 3:53 PM
thelastprospector.substack.com/p/china-buil...
My take on why last week's China-Canada trade agreement is such a big deal. It's not about subsidies, its about great manufacturing and design that will now be available to Canadians.
My take on why last week's China-Canada trade agreement is such a big deal. It's not about subsidies, its about great manufacturing and design that will now be available to Canadians.
Let’s Break the Back of the AI Energy Crunch
open.substack.com/pub/thelastp...
open.substack.com/pub/thelastp...
Let’s Break the Back of the AI Energy Crunch
The V2G Solution
open.substack.com
January 13, 2026 at 4:29 PM
Let’s Break the Back of the AI Energy Crunch
open.substack.com/pub/thelastp...
open.substack.com/pub/thelastp...
How do you win the AI race when the competition (China) has a massive lead in building the required power infrastructure?Here's my take using the EVs parked in driveways. medium.com/@sep815/the-...
The AI Race Is About Building Power in Time
Why V2G Is America’s Real-Time Path To Winning. Can We Win Without It?
medium.com
January 8, 2026 at 7:11 PM
How do you win the AI race when the competition (China) has a massive lead in building the required power infrastructure?Here's my take using the EVs parked in driveways. medium.com/@sep815/the-...
A sobering look at North American Balance of Payments- a form of wealth redistribution that may tell us something about the coming AI Transition. More in my medium article medium.com/@sep815/the-...
January 5, 2026 at 2:56 PM
A sobering look at North American Balance of Payments- a form of wealth redistribution that may tell us something about the coming AI Transition. More in my medium article medium.com/@sep815/the-...
Going to be a big change year in 2026. Here are five inflection points and the signs they are happening. More detail on my website at www.thelastprospector.com
medium.com/@sep815/five...
medium.com/@sep815/five...
The Last Prospector
www.thelastprospector.com
December 31, 2025 at 5:12 PM
Going to be a big change year in 2026. Here are five inflection points and the signs they are happening. More detail on my website at www.thelastprospector.com
medium.com/@sep815/five...
medium.com/@sep815/five...
Been struggling with the idea of 60 million global millionaires and a general population definitely feeling economic pain. Here is my take.
medium.com/@sep815/the-...
medium.com/@sep815/the-...
The Millionaire Mirage: What We Miss When We Celebrate Wealth at the Top
Both America and China created millions of millionaires. Only one lifted its bottom half.
medium.com
December 27, 2025 at 7:27 PM
Been struggling with the idea of 60 million global millionaires and a general population definitely feeling economic pain. Here is my take.
medium.com/@sep815/the-...
medium.com/@sep815/the-...
IF you are in the top 10%, every market cycle feels fine. If you are in the bottom 50%, it never feels fine but it is getting worse. There are solutions, but all involve finally dumping supply-side economics and finding a way to rebalance productivity gains from the #AI Transition. #UBI
December 18, 2025 at 5:41 PM
A bit of a twist for my pilgrim friends out there. A remarkable story of a 500+ day Camino- on horseback and staying in a tent. You meet remarkable people on the #Camino www.youtube.com/watch?v=PfKf...
The friends you meet on the Camino: Marie and Zambomba
YouTube video by The Last Prospector
www.youtube.com
December 15, 2025 at 10:27 PM
A bit of a twist for my pilgrim friends out there. A remarkable story of a 500+ day Camino- on horseback and staying in a tent. You meet remarkable people on the #Camino www.youtube.com/watch?v=PfKf...
This chart is an oldie but a goodie- the divergence between productivity and participation of the middle class in those gains in the late 1970's. Effectively marks the end of the golden age of capitalism aka "the good old days," created by FDR policies and post war growth. #ubi. #thelastprospector
December 13, 2025 at 4:47 PM
This chart is an oldie but a goodie- the divergence between productivity and participation of the middle class in those gains in the late 1970's. Effectively marks the end of the golden age of capitalism aka "the good old days," created by FDR policies and post war growth. #ubi. #thelastprospector
We've officially surpassed 1929.
Seven correlated AI companies now control 30% of all US public equities.
And with major LLM players like Anthropic and Open AI discussing IPOs, this concentration may well increase, not moderate- whether or not there is an AI bubble.
tinyurl.com/5nrb7hzv
Seven correlated AI companies now control 30% of all US public equities.
And with major LLM players like Anthropic and Open AI discussing IPOs, this concentration may well increase, not moderate- whether or not there is an AI bubble.
tinyurl.com/5nrb7hzv
The Last Prospector Ep. 3: Implications of the AI Transition
Seven companies. Thirty percent of the entire US stock market. We've now crossed a threshold we haven't seen since 1929—but here's what makes today far more dangerous. Back then, that concentration was spread across railroads, utilities, steel, oil—different industries, different risks. Today? Microsoft, Apple, Alphabet, Amazon, NVIDIA, Meta, and OpenAI are all betting on the same horse: artificial intelligence. As goes one, so goes all. And with Anthropic, xAI, and other major AI players discussing IPOs, this concentration isn't about to ease—it's likely to intensify. #AI #MarketConcentration #InvestingRisk #AGI #FinancialMarkets #aitransition #ubi #aiwealthgap
tinyurl.com
December 10, 2025 at 1:37 PM
We've officially surpassed 1929.
Seven correlated AI companies now control 30% of all US public equities.
And with major LLM players like Anthropic and Open AI discussing IPOs, this concentration may well increase, not moderate- whether or not there is an AI bubble.
tinyurl.com/5nrb7hzv
Seven correlated AI companies now control 30% of all US public equities.
And with major LLM players like Anthropic and Open AI discussing IPOs, this concentration may well increase, not moderate- whether or not there is an AI bubble.
tinyurl.com/5nrb7hzv
The conversation about energy mix is stuck in a climate change debate when it is really about who wins the AI Race- US or China. Right now, China is far ahead. Check out our paper at www.thelastprospector.com or at this link. #AIrace. #V2G
tinyurl.com/yx42nk8z
tinyurl.com/yx42nk8z
December 10, 2025 at 12:29 AM
The conversation about energy mix is stuck in a climate change debate when it is really about who wins the AI Race- US or China. Right now, China is far ahead. Check out our paper at www.thelastprospector.com or at this link. #AIrace. #V2G
tinyurl.com/yx42nk8z
tinyurl.com/yx42nk8z
I remain extremely concerned there is little serious thought about how to get through the #AItransition. Here is an affordable, if controversial approach- if we have the will to tackle it politically. #UBI #AIWealthgap www.thelastprospector.com
www.youtube.com/watch?v=LgHC...
www.youtube.com/watch?v=LgHC...
The Last Prospector
www.thelastprospector.com
December 8, 2025 at 2:41 PM
I remain extremely concerned there is little serious thought about how to get through the #AItransition. Here is an affordable, if controversial approach- if we have the will to tackle it politically. #UBI #AIWealthgap www.thelastprospector.com
www.youtube.com/watch?v=LgHC...
www.youtube.com/watch?v=LgHC...
Whether you believe it is just correlation or causation, the end of "the good old days" lines up with reduction of top marginal tax rates. My question-if we see 40% job dislocation with AI, what happens to the average worker now?
December 7, 2025 at 12:53 PM
Whether you believe it is just correlation or causation, the end of "the good old days" lines up with reduction of top marginal tax rates. My question-if we see 40% job dislocation with AI, what happens to the average worker now?
Very interesting split in AI opinions. Those deep into the science (Mostaque, Hinton and others) are predicting massive change. The big consultancies- recently McKinsey and Gartner- are taking a "chaos but no meaningful job loss" position based on CURRENT AI capabilities. Timing misread?
December 6, 2025 at 8:24 PM
Very interesting split in AI opinions. Those deep into the science (Mostaque, Hinton and others) are predicting massive change. The big consultancies- recently McKinsey and Gartner- are taking a "chaos but no meaningful job loss" position based on CURRENT AI capabilities. Timing misread?
Lots written about how AI will change the world but little about how we survive the transition. A 40% job loss requires a 180 on tax policy and serious UBI conversations
December 3, 2025 at 1:05 AM
Lots written about how AI will change the world but little about how we survive the transition. A 40% job loss requires a 180 on tax policy and serious UBI conversations