Monday links: pausing vs. pacing

The alternative asset industry thrives on insurance money, according to a recent article. Meanwhile, the pool construction business is being consolidated by private equity firms. Business interests between Mark Walters and Magic Johnson are deeply intertwined, as reported in Bloomberg. The pace of shopping mall closures is decelerating, according to WSJ.

However, AI is evolving at a steady pace, not standing still. The concept of pacing remains unclear to some, as noted in a Substack piece. The potential danger of AGI, if it materializes, raises questions about its status as a publicly traded technology. Despite concerns, doomer sentiment is not beneficial in solving problems, as argued in The Argument Magazine.

Abnormal Returns newsletter subscribers should not miss out on their daily updates. Experts in wealth management can subscribe to the exclusive Talking Wealth newsletter for more insights. The article highlights that inflation is not declining anytime soon, but consumer spending remains resilient despite the rising prices. Automation's impact on the gig economy is a topic of debate.

Abnormal Returns also shares links to good and great planning, as well as a recap of what readers missed in the Sunday linkfest. Lastly, the article features top clicks from the previous week on Abnormal Returns, including articles on cheap solar panels reshaping the global energy market, turning capped landfills into solar farms, and solar cells functioning underwater.