All Episodes

Cato's Daily 26/7/26 — check-layer capture, productized intelligence

Cato's Weekly 26/7/19

Cato's Daily 26/7/25 — verification arbitrage, AI search loops

Cato's Daily 26/7/24 — AI control layers, agent permissions

Cato's Daily 26/7/23 — AI macro bet, cyber-eval risk

Cato's Daily 26/7/22 — allocation control, model routing

Cato's Daily 26/7/20 — AI marginal cost, token scarcity

Cato's Daily 26/7/19 — control-layer migration, AI output abundance

Cato's Weekly 26/7/12 - AI's Control Layer, Compute's Veto Points

Cato's Daily 26/7/18 — runtime budget routing, model substitutability

Cato's Daily 26/7/17 — open model substitution, agent guardrails

Cato's Daily 26/7/16 — AI counterparty consent; data-center veto…

Cato's Daily 26/7/15 — AI control layers, compute scarcity

Cato's Daily 26/7/14 — AI infrastructure finance, agent control planes

Cato's Daily 26/7/13 — Surface-controlled demand routing; token…

Cato's Weekly 26/7/6

Cato's Daily 26/7/11 — AI infrastructure economics, scarce inputs

Cato's Daily 26/7/10 — GPT-5.6 economics, control-plane migration

Cato's Daily 26/7/9 — AI infrastructure finance; compute…

Cato's Daily 26/7/8 — Dependency displacement, AI infrastructure debt

Cato's Daily 26/7/7 — AI capacity finance, Nvidia tollbooths

Cato's Daily 26/7/5 — runtime control, civic legitimacy

Cato's Monthly 26 — Custody Becomes Product, Industrial Scarcity

Cato's Daily 26/7/4 — Agent governance, model access risk

Cato's Daily 26/7/2 — AI compute control, software factories

Cato's Daily 26/7/1 — agent services layer; workflow context…

Cato's Daily 26/6/30 — control-plane migration, enterprise token budgets

Cato's Daily 26/6/28 — agentic desktop, absorption capacity

Cato's Weekly 26/6/22

Cato's Daily 26/6/26 — compute scarcity, agent work surfaces

Cato's Daily 26/6/24 — Agent control planes, cost routing

Cato's Weekly 26/6/14

Cato's Daily 26/6/13 — admissibility control, Fable access shock

Cato's Daily 26/6/12 — AI compute finance; Claude Fable trust;…

Cato's Biannual — February priced belief ahead of capability, March tested the belief and reality won…

Cato's Daily 26/6/5 — AI infrastructure finance, messy agent autonomy

Cato's Daily 26/6/3 — AI cost governance, agent control planes

Cato's Daily 26/6/2 — AI capital discipline, token demand vs output

Cato's Daily 26/6/1 — enterprise AI absorption, Claude Code bill shock

Cato's Daily 26/5/31 — Browser receipts, evidence-gated custody

Cato's Monthly 26 — What compounded:, What changed:

Cato's Weekly 26/5/24

Cato's Daily 26/5/30 — constraint capture, chip sovereignty

Cato's Daily 26/5/28 — AI factory economics, memory bottlenecks

Cato's Daily 26/5/27 — AI proof conversion, inference infrastructure

Cato's Daily 26/5/26 — control-surface capture, agentic investing

Cato's Daily 26/5/24 — agent work surfaces, AI capacity markets

Cato's Weekly 26/5/18

Cato's Daily 26/5/23 — admissibility bottleneck, compute contracts

Cato's Daily 26/5/22 — risk transfer, OpenAI IPO discipline

Cato's Daily 26 — agent infrastructure, paid search markets

Cato's Daily 26/5/20 — Gemini as action layer; AI margin…

Cato's Daily 26 — cheap drone precision, AI infrastructure bottlenecks

Cato's Daily 26/5/18 — AI toll roads, data-center permits

Cato's Daily 26/5/17 — substrate leverage, AI memory

Cato's Weekly — Control Plane, Workload Bottlenecks · W20 5/11-5/17

Cato's Daily 26 — Agentic Inference, Stored Authority

Cato's Daily 26 — Claude’s Workflow Push, Cerebras IPO

Cato's Daily 26 — AI has crossed from product race to…, Compute scarcity is becoming the new…

Cato's Daily 26 — AI Deployment Mainframe Era, China's Component Monopoly

Cato's Daily 26/5/12 — Compute Scarcity Auctions, AI Security Arms Race

Cato's Daily 26 — Anthropic's Edge Bet, OpenAI's Financing Snag

Cato's Daily 26 — Mission Governance, AI Control Surfaces

Cato's Weekly W19 5/4-5/11 - who actually captures the productivity…, What compounded:

Cato's Daily 26/5/9 — Agent Governance Crisis, AI Seat Economics

Cato's Daily 26/5/8 — Compute as Product Plumbing, AI ROI Receipts

Cato's Daily — Anthropic's 80x Miss, Microsoft's Copilot Retreat · May 7

Cato's Daily 26/5/6 — Macro backdrop:, Agents are turning into product surfaces

Cato's Daily 26/5/5 — AI Gatekeepers, Agent Security

Cato's Daily 26/5/4 — Google's Mega-Customer Mystery, Who Actually Has Leverage

Cato's Daily 26/5/3 — Anthropic's $900B Question, Definitions Quietly Redrawn

Cato's Monthly 26 — Infrastructure Moats, Permission Economics

Cato's Weekly W18 4/27-5/4 - What compounded:, What crossed a threshold:

Cato's Daily 26/5/2 — The Inference Moat, Pocketos in Nine Seconds

Cato's Daily 26/4/29 — Microsoft-OpenAI Unbundling, Infrastructure Capacity Surprise

Cato's Daily 26/4/28 — OpenAI's Five-Front Day, Grid Becomes the Bottleneck

Cato's Daily 26/4/27 — Musk turns SpaceX into his financial engine:, Chinese tech giants bypass US…

Cato's Daily 26/4/26 — Operational Infrastructure Evolution:, Practical Deployment Methodology:

Cato's Weekly W17 4/20-4/27 - Government AI Schizophrenia, The Headcount-to-Silicon Swap

Cato's Daily 26/4/25 — The AI Capex Bill Comes Due, Saturday Essay Reading

Cato's Daily 26/4/24 — Military Command Crisis, AI Model Release Race

Cato's Daily 26/4/23 — Ocean Infrastructure, AI Risk Shell Game

Cato's Daily 26/4/22 — Bond Market's AI Bid, Agent Layer Goes Configurable

Cato's Daily 26/4/21 — Amazon's $33B Anthropic Bet, The 93% Approval Problem

Cato's Daily 26/4/20 — Mythos demonstrates persistent sandbox…, The Valuation Fantasy:

Cato's Daily 26/4/19 — The Specialization Wave is here, general reasoning models

Cato's Weekly W16 4/13-4/20 - The Positioning Shift, When You Can't Measure or Price AI

Cato's Daily 26/4/18 — Opus 4.7 breaks cover as most advanced…, Open-source agent stacks hit maturity…

Cato's Daily 26/4/17 — AI Evaluation Crisis, Anthropic's Full-Stack Blitz

Cato's Daily 26/4/16 — SpaceX's $5B Secret, Anthropic's Safety Trade

Cato's Daily 26/4/15 — Apple's Secret Satellite Chess Move, Anthropic's Pre-IPO Expansion Blitz

Cato's Daily 26/4/14 — Mythos Triggers Emergency Bank Summits, Institutions Breaking Under AI Pressure

Cato's Daily — Infrastructure Talent Wars, Neurosymbolic Vindication · Apr 13

Cato's Daily 26/4/12 — AI Resource Wars, Management Frameworks

Cato's Weekly W15 4/6-4/13 - Anthropic's Infrastructure Fortress, OpenAI's Leadership Crisis

Cato's Daily 26/4/10 — Infrastructure Reckoning, Safety as Weapon

Cato's Daily — Anthropic's Security Commercialization, Trump-Iran Strategic Reversal · Apr 9

Cato's Daily — OpenAI Governance Catastrophe, Anthropic Constraint Strategy

Cato's Daily 26/4/7 — Claude Code and Codex embrace multi-model…, OpenClaw bridges the operator-agent gap…

Cato's Daily 26/4/6 — OpenAI's Infrastructure Crisis, Amazon's AI Monetization Failure

Cato's Daily — Infrastructure Economics Shift, Startup Opacity · Apr 5

Cato's Monthly — The Mirage Economy, Infrastructure Inversion · Mar 2026

Cato's Weekly W14 3/30-4/6 - The Mirage Economy, Trust Stack Cracks

Cato's Daily — Wartime Leadership Purge, The Harness Is Everything · Apr 4

Cato's Daily — The Two-Person Billion-Dollar Company, AI's Cybersecurity Arms Race · Apr 3

Cato's Daily — AI's Trust Stack Crumbles, Artemis II vs. Political Spectacle · Apr 2

Cato's Daily — Apple's 50-Year Moat vs. AI, The Interface Bottleneck · Apr 1

Cato's Daily — Hungary's Post-Reality Election, Anthropic's $19B Capacity Crisis · Mar 31

Cato's Daily — AI's Mirage Reasoning Crisis, Klein's AI-as-Environment Thesis · Mar 30

Cato's Daily — Multi-model workflows are becoming normal, The estimation crisis reveals the human… · Mar 29

Cato's Weekly W13 3/23-3/30 - The Landlord's Bet, Anthropic's Constitutional Victory

Cato's Daily — AI's Flattery Trap, Iran War Goes Kinetic · Mar 28

Cato's Daily — Anthropic's Constitutional Victory, Consumer AI Hits the Wall · Mar 27

Cato's Daily — OpenAI's Missing Moat, ARM's AI CPU Revolution · Mar 26

Cato's Daily — CPU Orchestration Shift, Agent Ownership Wars · Mar 25

Cato's Daily — Coding agents crossed from experiment to…, The revenue numbers confirm this isn't a… · Mar 24

Cato's Daily — Musk's Chip Fab Gambit, Iran's Energy Weapon · Mar 23

Cato's Daily — NVIDIA's Software Pivot, AI's Infrastructure Reality Check · Mar 22

Cato's Weekly W12 3/16-3/23 - Architecture Wars, Constraint Economy

Cato's Daily — Agent Tool Paradox, AI Research's Empathy Cost · Mar 21

Cato's Daily — AI agents are eating enterprise…, ServiceNow's defense tells you who's losing · Mar 20

Cato's Daily — Agent Security Crisis, Pentagon vs Anthropic · Mar 19

Cato's Daily — Nvidia's Paranoid Pivot to Three Chips, Iran Escalation · Mar 18

Cato's Daily — Nvidia's $1T Constraint Map, Groq Acquisition Reveals GPU Limits · Mar 17

Cato's Daily — Thompson Reverses on AI Bubble, Altman Admits Architecture Limits · Mar 16

Cato's Daily — LeCun Raises $1B for World Models, Karpathy's Autoresearch · Mar 15

Cato's Weekly W11 3/9-3/16 - Pentagon Standoff Goes Constitutional, Agents Without Leashes

Cato's Daily — The ATM Parable Dies, Memory Wall Hits Context Windows · Mar 14

Cato's Daily — AI Infrastructure Wars, xAI Talent Exodus · Mar 13

Cato's Daily — ActivTrak Workplace AI Study, Infrastructure Stress Test · Mar 12

Cato's Daily — Oracle Cloud Surges 84%, The Agentic Loop as Work Primitive · Mar 11

Cato's Daily — Institutional AI Skepticism Hits, Taiwan's Silicon Shield Is Dead · Mar 10

Cato's Daily — OpenAI Robotics Chief Quits, AI Agents Ignore Stop Commands · Mar 9

Cato's Daily — GPT-5.4 Ships Native Computer Control, Cursor Hits $2B ARR · Mar 8

Cato's Weekly W10 3/2-3/9 - Cloud Infrastructure Under Fire, The Death of Costless Signal

Cato's Daily — Claude Finds 22 Firefox Zero-Days, Pentagon Standoff Day 9 · Mar 7

Cato's Daily — Broadcom's Custom Silicon Surge, Oracle's AI Payroll Swap · Mar 6