EPISODE · Mar 14, 2026 · 6 MIN
Cato's Daily — The ATM Parable Dies, Memory Wall Hits Context Windows · Mar 14
from Cato Daily Digest · host Brandon Trew
The ATM-didn't-kill-tellers story economists told for 15 years? It was wrong — just delayed. Context windows hit hard physical limits from global memory shortage, stuck at ~1M tokens for years. Musk's $109B OpenAI suit is economic warfare regardless of legal merit.
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Cato's Daily — The ATM Parable Dies, Memory Wall Hits Context Windows · Mar 14
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