Zach Abrams
2K posts
@zcabrams
Cofounder, CEO Bridge (acq. by Stripe). Founded Evenly (acq. Square). generalist by temperament. mediocre athlete.
We're thrilled to announce that Zach Abrams, Co-Founder and Chief Executive Officer of Bridge, will speak at the 2026 Reagan National Economic Forum. At #RNEF2026, key leaders will convene to discuss the future of American financial infrastructure and how stablecoins, payments, and the digital economy are impacting our economy. Hear from Zach Abrams and many more on Friday, May 29. 📅Register for the livestream: reaganfoundation.org/events/2026-re…
A major talking point for those who think AI will cause mass unemployment is the recent slowdown in junior-level hiring. Lambert and Schindler, in this new working paper, point to a different culprit: work from home policies. Using data on ~250 million hires across four countries,they show that AI exposure strongly correlates with a role being work from home. So you have to disentangle the two to get a clean estimate. Which is the driving variable? They find that the effect of exposure to AI on junior hiring ~vanishes when you control for WFH, whereas the effect of WFH remains ~unchanged when you control for AI exposure. In other words: it's WFH, not AI, that is slowing junior hiring. Why? Their theory: "WFH makes supervision, monitoring, and on-the-job learning harder, all of which hit junior-workers more. Firms less willing to invest in junior talent when these frictions rise." I think that makes sense. WFH involves a certain degree of trust and makes management harder. If an employee is less experienced, all else equal you're less likely to prefer them for a WFH position. Bigger takeaway, though: if AI is going to take all our jobs, it's sure not there in the data yet!
71% of americans don't want a data center near them (gallup, this week). 53% of americans oppose a nuclear power plant "in their area". ai is shockingly unpopular
Owing to a variety of historical reasons (including, but not only, protectionist lobbying), the U.S. is the only G7 country where regulated payments companies can’t directly access government-run settlement rails. Yesterday's EO from the White House calls for that to change. This is a very good idea. If regulated payments companies can integrate directly with the Fed, there will be less unnecessary coupling between "fractional reserve banking/leverage/maturity transformation" and "quotidian payments activity", thereby reducing overall systemic risk in the financial system. This would also establish the preconditions for more competition, more innovation, and lower fees. whitehouse.gov/presidential-a…
Your Altitude account can now send and receive USDC across Ethereum, Base, and Avalanche, alongside Solana. One account for businesses running on stablecoins, now across four chains. Get started: app.altitude.xyz/signup
Another iPad alternative is the Yoto player - audiobooks, podcasts, and music for kids. They also have an amazing BBC-style daily news report! Strong recommend.
