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A new study is challenging one of the most cherished ideas behind prediction markets — that the wisdom of crowds drives accuracy. Researchers found that just three percent of traders are responsible for making those markets reliable, a small group of informed insiders doing the heavy lifting while the broader crowd mostly adds noise.
Shifting to semiconductors, Taiwan's stock market has now surpassed the United Kingdom's in total value, despite Taiwan having less than a quarter of the UK's overall economy. The driver is almost entirely AI chip demand, with TSMC alone accounting for more than forty percent of Taiwan's entire market capitalization. It's a striking illustration of how concentrated the AI hardware supply chain really is.
And on a lighter note, a new GitHub plugin is giving AI coding agents the ability to groan — literally — as they work through messy, tangled codebases. The sounds reportedly escalate in distress the worse the code gets. It's a joke, mostly, but it lands because it reflects something real about the hidden cost of technical debt that even machines now seem to resent.
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