Pramod Dhakal

A research firm maxed out every Claude and ChatGPT tier and the internet decided your $200 plan “costs OpenAI $14,000.” That number is misleading in a specific, important way. Here is the real math, why the subsidy is real anyway, and the part nobody can actually predict. Two weeks ago the research firm SemiAnalysis ran an experiment worth understanding properly, because most of the coverage mangled it.

Security · Fraud · June 2026 The "AI that makes you rich while you sleep" ad isn't a dumb scam for dumb people. It's an industrialized operation that took billions last year, and in its worst form runs on trafficked labour. Here's how it works, how it differs from the real thing, and how to spot the fake in ten seconds. With sources, so you can check me. A businessman in Hyderabad watched an "AI-powered" trading app turn his deposits into a small fortune, at least on the screen.

Fintech · Money20/20 Europe 2026 · Dispatch from Amsterdam I went to Money20/20 Europe expecting the usual hype. What I got was the sound of an industry that has stopped debating the future and started wiring it up — with the caveat that a conference is the most biased room you will ever stand in. I was at the RAI in Amsterdam for Money20/20 Europe, June 2 to 4. The photos I took mostly look like every other year. Lanyards, coffee queues, tote bags nobody will use again.