Self-promotion alert! No, I haven't published a book. Instead, here's a way to get alerts for whenever I publish a new column. I write about business stuff but don't let that put you off. Companies are super-interesting! Happy reading :) https://t.co/TYpjKPIHfZ

Today's new @PubEnterprise report is a comprehensive analysis of the capital structure of the entire AI sector: data center real estate, GPU markets, private credit, you name it. It's also a financial risk management framework for policymakers: What happens in a bust?

Congratulations to @Parmy Olson, a Bloomberg Opinion columnist covering technology, for winning the Financial Times and Schroders Business Book of the Year Award. ��Supremacy" is about the AI visionaries who helped consolidate power among corporate giants

How did the US invent solar power and dominate it for 60 years, before giving it up to China over the past decade? The answer is, IMO, quite different to the stories we have told ourselves in recent years. And it has important lessons for the future.🧵 https://t.co/uj1bwFgYZA

Germany’s reputation for workaholism is taking a hit as a new generation discovers the joys of doing nothing at all. “Sorry, we’re not doing this any more.” https://t.co/LzbSCKGz2x via @WSJ

The Sahm rule, which is meant to act as an early diagnosis of a recession, is blinking red. But @Claudia_Sahm explains why her rule may not apply this time https://t.co/hxwhOFlLoM via @opinion

I wrote a lot of words about the transatlantic wealth divide, and not just for fans of the White Lotus. https://t.co/XNdBPiJyfH

A glimpse into the future maybe, fascinating >> Goodbye Paris, Berlin, Brussels -- hello Kiruna, Veldhoven, Dresden. @LionelRALaurent makes the case for a new map of Europe https://t.co/oeSAsH9CmA via @opinion

So I think Germany should try to encourage women and those nearing retirement to work longer hours if they want to. Here's a few suggestions for how it might do that.

Germany can no longer rely on productivity growth to ride to the rescue, notwithstanding possible benefits from AI.

Another factor not helping right now is the number of Germans who are off sick, whether due to respiratory illness or mental health problems. Labor shortages may be exacerbating the latter, by piling pressure on workers at short-staffed firms.

A golden era when Germans enjoyed 30 days of annual vacation and yet the economy still expanded by 2% a year may be over. And labor shortages are becoming a big problem: around 1.7 million positions are reportedly unfilled.

Nevertheless, Germany is facing a very difficult decade in which lots of Baby Boomers will exit the workforce and hence potential growth will probably be lower.

International comparisons, like this one, also needed to be treated with dose of skepticism due to the various ways such data is collected.

https://t.co/90LbUFzTVn

At first glance the data don't look good but there are important caveats. Average hours per employee have fallen in part because lots of women have entered the workforce and they work part-time.

Germany is debating a taboo topic: whether Germans work hard enough. Many German politicians and business leaders say: no they don't. Trade unions disagree. So who's right?🧵 https://t.co/ZYDd6xoAyq

Good @Petercampbell1 @edwardwhitenz piece on Geely. Imho its sprawling global empire is one of the most interesting stories in autos.

🚨 Personal News 🚨 My new book SUPREMACY is being published this fall! It's a gripping tale of OpenAI and DeepMind’s battle to build powerful AI, the takeover by Big Tech, and what it means for humanity. You can dive in and preorder now:

And why it takes 80% longer to sell a home.

This gap in expectations is one reason why transaction volumes have declined so much.