Are you ready for some football? That’s a rhetorical question. We all know the answer. Live sports have never been more important to the bottom line for media companies, and the NFL has never been a more dominant American league. The NFL is too big to fail. Yes, you are ready for some football. And you were probably ready for this preseason report about the brain-injury risks associated with the sport. We get some version of these stories during most preseasons, and they’re usually punted, passed, and kicked to the curb in time for the opening weekend. “The study, published Tuesday by the British Medical Journal, focused on how common chronic traumatic encephalopathy might be among NFL players. What it found is that of the 878 players who appeared in at least one NFL game and died in that six-year period, at least 25% had CTE.” Players and fans alike are in denial about this risk. There’s fantasy football and then there’s football’s fantasy. 2Vanity vs SanityCanada has struck back with retaliatory tariffs as the trade war between neighbors continues to escalate. The NYT (Gift Article) has a detailed look back at exactly how the trade talks fell apart. In terms of financial might, the US dominates. The same may not be true in terms of politics. Trump is giving Americans - including GOP politicians - more of what they don’t want, while Mark Carney is fighting in a way that Canadians seem to support. Stephen Marche in the NYT (Gift Article): Canada Said No to America. It Will Reverberate Far Beyond Its Borders. “For Canada, the choice came down to either accepting severe but temporary economic instability or binding itself to a pseudodemocratic fiscal basket case of a nation whose only apparent foreign policy objective has become domination for the gratification of its president’s slapdash vanity.” 3Entry Exodus“For years, AI industry watchers of all stripes have been warning of a coming jobs apocalypse driven by ultra-intelligent AI systems that will be able to replicate most human tasks more cheaply. Now, newly updated research from Stanford University economists suggests AI seems to be causing significant entry-level job losses for younger workers in some fields, even as older workers appear largely unaffected so far.” AI is hitting entry-level jobs hardest, Stanford study finds. 4Darkness Visible“The grid is perhaps the most complex machine ever built, but it was created without a master plan and made subject to the distortions of greed and local orneriness like every other big project in the United States. As a result, we have not one grid but three: the Western, Eastern and Texas Interconnections. Within each area, thousands of utilities generate and distribute power, and the flow is managed by one of 101 regional balancing authorities across the United States ... ‘If you knock out nine total substations among those three grids, you can black out the entire United States.’” NYT Mag (Gift Article): What if America Went Completely Dark? (On the bright side, you wouldn’t be able to access the news.) 5Extra, ExtraGetting a D in Economics Day: “’The rhetoric was ferocious, but the punch less so,’ said Daniel Fried, a former U.S. diplomat now at the Atlantic Council. ‘Dealing a crippling blow to Iran’s economy would probably require taking on big Chinese firms and banks.” WSJ (Gift Article): U.S. Squeezes Iran but Avoids Targeting Its Biggest Lifeline: China. Meanwhile, “President Trump’s war on Iran has been a welcome revelation for China, which absorbed one of the most severe oil-supply disruptions of the modern era, demonstrating that years of preparation had mitigated a huge vulnerability and potential source of U.S. leverage over Beijing in a geopolitical confrontation.” The Iran War Shows China’s Energy Strategy Is Working. |