Sound of fall-ing: Behold, the glorious Main Slate of the 63rd New York Film Festival! Programming this with Dennis Lim, Florence Almozini, Rachel Rosen and K. Austin Collins was, as ever, a joy. www.filmlinc.org/nyff/daily/6...

This is technical but important. Investment in AI does not exceed consumer spending. The contribution to the change in GDP from AI capex now exceeds the contribution from change in consumer spending to the growth of GDP.

Question for Mike Flood: With $450 million being allocated to Alligator Alcatraz, and ICE burning through $8.4 million a day to illegally detain people—How much does it cost for fascism? How much do the tax payers have to pay for a fascist country?

Korean Auteur Lee Chang-dong to Direct Feature Drama ‘Possible Love’ for Netflix

At 4p ET/1p PT, I’ll have a one of a kind interview with Joaquin Oliver. He died in the Parkland school shooting. But his parents have created an AI version of their son for a powerful message on gun violence. Plus TX Rep. @jamestalarico.bsky.social - see you soon on Substack and later on YouTube.

Analysts show that capital expenditures on AI were so big over the last 6 months they added more to the GDP than all consumer spending. That growth is offsetting pain from the tariffs and slow job growth.

So the AI bubble may be propping up the whole US economy. What happens if and when it pops?