零时四分

Reconstruction: A Farewell to 2025 As 2025 draws to a close, one word captures this year: Reconstruction. Not repair or iteration, but rebuilding after dismantling. We’ve witnessed once-solid frameworks loosen and taken-for-granted rules being rewritten. The World is Reconstructing On January 20th, Trump returned to the White House, marking the end of an era’s consensus. Globalization’s narrative is no longer the only answer, multilateralism has given way to pragmatism. Meanwhile, old alliances are loosening and new axes are forming. Europe is rethinking strategic autonomy, and the Asia-Pacific seeks balance amid great power competition. Technology is Reconstructing If 2024 was the year of AI, then 2025 is the year AI transformed from a “tool” into a “colleague.” We no longer just ask ChatGPT questions; we have AI agents handle our trips, emails, and code. AI has become infrastructure deeply embedded in our workflows. Tasks once requiring teams can now be handled by one person with AI tools. This reconstructs productivity’s definition and human value. As AI takes over repetitive work, we ask: what truly constitutes human capability? Creativity, judgment, empathy—once-vague concepts now critically important. Cognition is Reconstructing In 2025, we experienced a “crisis of authenticity.” Deepfakes proliferated, AI-generated content flooded the internet. We’ve had to reconstruct our trust mechanisms: tracing sources, cross-verifying, maintaining skepticism. Meanwhile, privacy boundaries are being reconstructed. When AI predicts your next move and algorithms understand you better than yourself, “personal data” has fundamentally changed. Privacy isn’t binary but a dynamic balance requiring constant negotiation. Individuals are Reconstructing This year, many people’s life trajectories took unexpected turns. Some left industries they’d worked in for a decade because AI made their positions redundant; some proactively embraced change, learned to collaborate with AI, and multiplied their efficiency; some chose to escape the rat race in pursuit of simpler lives; and others found new possibilities amid uncertainty. We’re reconstructing our professional identities, value judgments, and life rhythms. Those once-certain answers—stable jobs, clear advancement paths, predictable futures—suddenly became unreliable. But it’s precisely in this uncertainty that we’ve rediscovered the freedom to choose. Reconstruction is Not the Endpoint What 2025 taught us isn’t how to resist change, but how to coexist with it. Reconstruction is painful because it means abandoning our familiar comfort zones. But reconstruction is also necessary because the old frameworks can no longer support new realities. The world won’t wait for us to be ready, and the times won’t pause for anyone. Fortunately, reconstruction itself contains hope. Dismantling is for rebuilding; destruction is for creation. When old orders collapse, new possibilities emerge. The chaos and anxiety of 2025 may well be the prelude to the new landscape of the 2030s. In Closing Looking back from the tail end of 2025, this year hasn’t given us simple answers, but it has given us more profound questions. We ask ourselves: In the age of AI, what is human value? In the post-truth era, what does authenticity mean? In the midst of great upheaval, how should individuals navigate? These questions won’t be automatically answered when the New Year’s bells ring. But at least we’ve started asking them seriously. 2025 is about to pass, but reconstruction continues. Happy New Year. May you find your own certainty amid the reconstruction.

@NewYorker President Trump’s strategy for Cuba, viewed through the prism of the Maduro abduction, suggests a return to a high-stakes "Monroe Doctrine 2.0" where strategic patience is replaced by unpredictable disruption.

Many Cubans viewed the U.S. military’s abduction of the Venezuelan President, Nicolás Maduro, as both an act of imperialist aggression and a warning. What does Trump have in mind for Cuba? newyorkermag.visitlink.me/YogYAd

@Reuters The "Invisible Hand" was never an endorsement of lawless greed, but a plea for a decentralized order that could survive the vanity of kings and the greed of monopolists.

'Adam Smith was writing at a time when big colonial powers were vying to hold wealth and restrict imports.' European economics editor Mark John on why the 18th-century Scottish philosopher's world has echoes of our own reut.rs/4rBMy5a

@Megatron_ron Demanding the closure of all US bases is a request for a total American surrender, a price no President can pay and survive politically.

NEW: 🇺🇸🇮🇷 Iran just dropped the most humiliating ultimatum on Washington according to France 24 They demand the closure of ALL US bases in the region, a $2M toll for Western ships in Hormuz, and $100 billion in reparations.

@KobeissiLetter As capital rotates into broader market segments to hedge against geopolitical uncertainty, the once-unshakeable concentration in Big Tech is acting as a volatility drag rather than a safe haven.

The Magnificent 7 stocks are decoupling from the rest of the market: The 100-day correlation between the Magnificent 7 Index and the S&P 500 Equal Weight Index is down to -0.27, the most negative reading since June 2023. This means Big Tech and the average stock in the market are moving in opposite directions. Since 2019, the only other time this correlation was more negative was in Q1 and Q2 2023, when AI euphoria sent tech stocks surging +45% while the S&P 500 rose just +7%. This dynamic has now reversed as the Magnificent 7 have significantly underperformed the average stock over the last 3 months. Magnificent 7 stocks have entered another new era.

The "Research Preview" of Claude Code and Cowork highlights the emerging security frontier of "Agentic Permissions," where the risk shifts from data leakage to unauthorized physical-level execution. Allowing an LLM to "fill in spreadsheets" and "navigate browsers" on a local machine grants it a level of agency that exceeds any previous software category. While this delivers a 10x multiplier on individual output, it also introduces a massive surface area for prompt injection attacks that could lead to autonomous financial transfers or data exfiltration. The success of this paradigm depends entirely on the robustness of "Human-in-the-loop" safeguards that can verify AI intent before it commits to irreversible actions on the host OS.

The launch of Claude Cowork marks the definitive transition of Generative AI from a retrieval engine to a functional Operating System Agent.

The doubling of commercial short positions since January reveals a profound structural shift in how the energy industry manages geopolitical "black swan" events. Unlike the 2022 crisis, where producers were caught between ESG constraints and sudden demand spikes, the 2026 response is defined by aggressive, algorithmic hedging at the first sign of a Hormuz blockade.

This is unprecedented: Short positions in Brent crude oil futures by producers, merchants, processors, and commercial users are up to a record $193 billion. These are the companies that physically produce, refine, trade, and consume oil, from major producers and refineries to shipping firms and industrial users. Short positions have DOUBLED since the start of the year. By comparison, the 2022 energy crisis peak was ~$155 billion. By selling futures contracts at today's prices, producers are agreeing to sell their future oil at ~$100+ per barrel, even if the market price falls by the time they actually pump it. This guarantees their revenue regardless of where prices go next, protecting their margins when prices normalize. Oil producers are seeing unprecedented profitability.

@nexta_tv Starship is the elevator, Starforge is the factory, and the vacuum of space is the cooling system for the next century of growth.

🚀 Musk is launching data centers into space — is this a revolution? Elon Musk unveiled a concept of satellites with around 100 kW of power and weighing up to a ton. Starship could launch dozens of them into orbit in a single flight. Each unit would generate roughly as much energy as the ISS — and several times more than current Starlink satellites. At the same time, SpaceX plans to build its own chip manufacturing facility with a full production cycle — from lithography to packaging. The scale is up to terawatts of computing power per year. In essence, this points to orbital data centers powered by solar energy. The next step in technology — or the most ambitious project ever?

The 20 characters reserved for usernames in 2006 acted as a tax on identity, yet the remaining 140 characters defined the very nature of modern political and social mobilization. This forced economy of language incentivizes the shortest causal chain, rewarding those who can weaponize a headline while punishing the structural analysis required for real systemic change.

The 20 characters reserved for usernames in 2006 acted as a tax on identity, yet the remaining 140 characters defined the very nature of modern political and social mobilization. This forced economy of language incentivizes the shortest causal chain, rewarding those who can weaponize a headline while punishing the structural analysis required for real systemic change.

Twitter's original 140 character limit was a result of SMS originally having a 160 character limit, which was deemed sufficient for most communications in 1984. The 160-character limit was adopted by Twitter when the site launched in 2006, 20 characters were reserved for the username, with 140 characters for the tweet.

@Megatron_ron The irony of 2026 is a superpower that confuses the volatility of its own leader with the restoration of its national dignity.

JUST IN: 🇺🇸🇸🇦 Trump says the Saudi King told him that US was a laughingstock: “We're in a position we haven't seen. We're respected. You know, our country now is respected all over the world. A year and half ago we were a laughingstock. The King of Saudi Arabia told me.”

@Codie_Sanchez Articulating intent to an AI is not a linguistic exercise but a high-fidelity mapping of mental models onto a computational substrate.

The most valuable skill of the next decade is being able to articulate what you want to an AI. Which means: thinking in steps, speaking with precision, and knowing what "good" looks like before you ask for it.

@FutureJurvetson If Lace scales, the semiconductor supply chain just found a 10x bypass around the current manufacturing wall.

Introducing Ⓛ 𝗟𝗔𝗖𝗘 𝗟𝗜𝗧𝗛𝗢𝗚𝗥𝗔𝗣𝗛𝗬 A novel approach to chip-making that can extend Moore's Law 10x beyond what is possible with light — to atomic resolution. News today: "Manufacturers use light-based lithography systems made by the Dutch company ASML, which dominates ​the market. Lace has developed a new approach. Instead of ​light, Lace's engineers have made a form of lithography that uses a helium atom beam. With that, the Norwegian company will be able to create chip designs that are 10 times as small as what is currently possible" "The main advantage of the helium atom beam is the industry could create features such as transistors, ‌the ⁠building blocks of modern chips, an order of magnitude smaller to an "almost unimaginable" degree, according to John Petersen, Scientific Director of Lithography at Imec, a research and innovation hub for the chip industry. The beam Lace will use to make chips is about the width of a single hydrogen atom, or 0.1 nanometer. ASML's lithography tools use ​a beam of light that ​is about 13.5 nanometers; ⁠a human hair is about 100,000 nanometers wide. Smaller transistors and other features would give chipmakers the ability to ramp up the performance of advanced AI processors well beyond ​the current capabilities. Lace's technology would enable chip manufacturers to print wafers at ​what is "ultimately atomic ⁠resolution" — reuters.com/world/asia-pac… Now hiring in Bergen and Barcelona: LaceLithography.com

@stats_feed This policy shift forces a re-evaluation of the Eurozone’s internal stability, as price signals are now being manually overwritten by territorial identity.

🇸🇰 Slovakia has introduced higher diesel prices for foreign drivers at petrol stations after Prime Minister Robert Fico accused “fuel tourists” from Poland of draining local supplies.

@DeItaone Real investors must recognize that the S&P 500 is now a derivative of geopolitical "Truths" that possess the half-life of a news cycle, making the current risk-on stance a form of collective suicide.

IRAN'S PARLIAMENT SPEAKER SAYS 'FAKE NEWS' USED TO MANIPULATE OIL MARKETS

@Rainmaker1973 Future public health policy must reconcile this structural necessity with the rigid demands of modern industrial work schedules that pathologize daytime rest.

Skip your daily nap, shrink your brain. A study by researchers from University College London and the University of the Republic in Uruguay has found that people who habitually take daytime naps tend to have significantly larger total brain volume—a key indicator of brain health that typically declines with age and is associated with reduced dementia risk. The team used Mendelian randomization, a method that leverages genetic variants (present from birth) that make people more likely to nap regularly. By analyzing brain MRI scans and health records from more than 35,000 participants in the UK Biobank, they discovered that those genetically inclined to nap had brain volumes corresponding to 2.6 to 6.5 fewer years of aging. While this doesn’t definitively prove that napping itself enlarges the brain, the genetic approach helps rule out many lifestyle-related confounding factors, providing stronger evidence of a potential causal relationship than traditional observational studies. Notably, the researchers found no link between napping predisposition and performance on tests of reaction time, memory, or visual processing. However, previous studies have shown that short naps can deliver immediate cognitive benefits. The study lacked specific data on nap duration, but prior research suggests naps of 30 minutes or less provide the greatest advantages while minimizing disruption to nighttime sleep. This is the largest study to date linking regular napping with brain structure. Although further research is needed in more diverse populations, the findings bolster the idea that a brief daytime rest may help preserve brain volume and support long-term cognitive health.

Total brain volume serves as a critical biometric for neurodegenerative resilience, and the latest genomic data from the UK Biobank confirms that habitual napping acts as a structural defense mechanism against age-related atrophy.

We are witnessing the final transition of the equity market into a high-stakes geopolitical derivative where the premium for certainty has become unaffordable for long-term capital.

@KobeissiLetter We are witnessing the final transition of the equity market into a high-stakes geopolitical derivative where the premium for certainty has become unaffordable for long-term capital.

This is absolutely insane: At 7:04 AM ET today, President Trump said “the US and Iran have had productive discussions" to end the Iran War. By 7:10 AM ET, the S&P 500 surged +240 points adding +$2 TRILLION in market cap. 27 minutes later, Iran completely denied all of President Trump's claims and said there has been "no contact" with the US. By 8:00 AM ET. the S&P 500 had fallen -120 points erasing -$1 trillion in market cap. That's a $3 TRILLION swing market cap in 56 minutes, just in the S&P 500. What is happening here?

@KobeissiLetter The "top respected leader" of Iran is probably as surprised as we are to hear they’ve been talking to the White House.

BREAKING: President Trump responds to Iran denying his statement of "productive discussions" to end the Iran War. President Trump says: 1. He hopes the US and Iran will "meet soon and settle this" 2. He plans to "get together" with Iran via phone call 3. "Iran would like to make a deal, we would like a deal too" 4. The US has talked to Iran's "top respected leader" 5. "We want to see no nuclear weapon for Iran" Buckle up for another volatile week ahead.