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A few weeks ago I installed a small local AI model on my laptop that watches a live camera feed. I turned the webcam on in the dark, and in near total darkness it recognised me and the objects in the room. That such things exist, I have known for a long time. What opened my eyes was the accessibility. I installed it in one prompt, free, and it runs entirely on my machine, sending data nowhere.

I have Heidegger and my notebook beside me. I am asking where all of this is heading, where artificial intelligence is taking us.

Seventy per cent. That is where the first AI output begins, even when you give it the full company context and the best examples from the past. We are talking about the kind of output that cannot be defined programmatically. It is more complex. Often it is creative work. On one repeated type of output I reached eighty per cent within a week. Every further percentage point is harder than the one before.

For a long time we treated the internet as the main road. The place where work and relationships happen. Yet most of what we see on it today is, or soon will be, AI-generated: text, images, profiles and comments. The internet is turning into an online game full of bots, where you cannot be sure that a human is on the other side of anything. So I ask: was the online world the main road, or only a temporary detour that part of us will return from, back offline?

A few days ago I interviewed a senior marketer. An experienced man, years of practice. I asked him about AI. He said he barely uses it. He had one bad experience with the output and decided he was too senior for it to add value when it is not perfect. I know the other side too: professionals who automate everything that can be automated.

Europe does not have the capacity to face a full-scale, mass drone war of the kind we see in Ukraine. Three dependencies weaken it: China supplies the physical material for defence systems, the United States supplies capabilities Europe does not have, and twenty-seven states cannot agree how fast, or who pays. Rearmament plans exist, but they are being carried out slowly.

AI produces the graphic, the newsletter and the product page faster than a person. What is left for the one who used to do it is the judgement, knowing whether the output is good. But most people have worse judgement than AI. And whoever cannot judge quality cannot delegate either. How do you tell whether yours is the judgement a company relies on, or the kind it can replace?

In April, in the first part of this series, I wrote about an AI prediction system I had started building on my own machine. At the time the software was a few hours old and the prediction record was empty. The record since then has shown one thing: the system does not yet understand the market it is being asked to forecast. It can pull macro context, book value, earnings. But it cannot put those together into something that helps it understand the price.

Prague, 13 May 2026. On my way to work I started thinking about something that stayed with me for days. If most routine work on a computer disappears in the next ten years, and a large share of repetitive manual work disappears with it, what happens to the flow of money? Who pays whom for what? Which economic layers will exist, how large will they be, and what relationships will run between them? This is the six-layer map I sketched as an answer.

Four days in Catalonia. No computer, no AI, almost no social media. I bought this notebook so that I could write down what I would think about, and what I would come across and learn on the trip.

I am building an AI system to predict the S&P 500. It runs on my own machine, uses free public data (yfinance, FRED, the Shiller dataset), and grades every forecast against reality. This series documents the build itself: the decisions, the methodology, the mistakes. What I will eventually share from the running system is a separate question, and an honest one.

Yesterday I could not tear myself away from the computer. When I lifted my head, it was half past eight in the evening. I had been sitting alone upstairs for about three hours.

Will AI take my job? A certified Google trainer told me in June 2024 that my profession would cease to exist. Twenty-two months later, my job title has not changed, but ninety percent of what I do during the day is different. I have delegated more of my thinking to AI agents than I thought possible. I am not afraid. This is why, and what it means for anyone asking the same question.

One hour. Fifty-five minutes. That is how long it took to build what a Czech software firm had quoted at over €50,000. I built it with Claude Code. Not a prototype. Not a proof of concept. A working tool, the one the company actually needed. By the evening of the same day, it was running on staging. This is not about Claude Code. It is about what Claude Code exposes.

The moment other people needed access to it, the problem changed completely. It was no longer about whether the agent could learn. It was about who gets to teach it.

I wanted to build an agent that doesn't just assist. One that acts.

It happens every day. It is happening right now.

Manipulation without the feeling of being manipulated is the most effective kind.

We are heading toward a future where many things simply lose their value.

The more I talk with friends and acquaintances about AI, the more I notice something alarming.

When someone loses their job, their sense of security collapses, so they sell their stocks.

I often get asked what I am doing with my finances this year.

This project changed the way I think about generative AI.

Preliminary signals already suggested the impact might not be just symbolic.

The more I think about it, the more I realize what a fundamental issue this is.

You might say I am being too pessimistic, that I am fearmongering. Fear is useful.

Performance marketing isn’t just about ads, data, and analytics.

No matter how I look at the future, I see very few answers and far too many questions and problems.

Let’s focus on reducing these risks by improving how we work with data.

Embracing this perspective has made my investment journey a real intellectual adventure.

I often wonder if sharing my financial journey and investment strategies publicly is worthwhile.