Klw Commentary news and trends

The Labor Economy Becomes the Innovation Economy
Artificial Intelligence // November 05, 2025

My hometown of Baltimore was the first city to install gas street lights in 1816 in an effort to curb crime. More cities quickly followed suit.  By the turn of the century, every evening at dusk, lamplighters walked the streets with their ladders and torches,...

Why 30 Million US Consumers No Longer Search.
artificial intelligence // October 22, 2025

For nearly three decades, the internet rewarded people who knew how to find information fast. The pros learned to turn questions into a few notable keywords and cherry-pick through pages of results until they found what they needed. Search became a reflex. Searchers gathered data,...

The BNPL Story Everyone’s Getting Wrong
BNPL // October 15, 2025

Easy loans are luring millions of Americans into a dangerous cycle of debt. Young people, particularly college students, are being seduced by easy credit and instant gratification, spending money they don’t have on things they don’t need. This easy credit revolution threatens to create a...

How Time Became the Next Great Asset Class
artificial intelligence // October 08, 2025

In 1915, a Wall Street analyst named Benjamin Graham saw an opportunity. Guggenheim Exploration was trading as a single stock, but it held shares in multiple copper mining companies worth far more than the parent company’s price. Graham bought the undervalued parent, shorted the overvalued...

Interviews & Exclusives
The Rise of AI Agents and the Fall of Digital Wallets

September 24, 2025
In 1996 the Palm Pilot felt like the future. For those unfamiliar (or not yet born), the Palm Pilot was a pocket computer that organized contacts, calendars and tasks in a way that was fast, simple and portable. Developers created apps allowing users access to the internet. It wasn’t the first Personal Digital Assistant (PDA), […]