top of page

Cyclyst on the NET
challenging everything ideas business technology sports
Search


The AI Bubble: Capex, Circular Financing, Unsustainable Economics
The rapid escalation of capital expenditure on artificial intelligence infrastructure has produced the largest investment surge in modern history. Yet the underlying economics remain detached from demonstrated returns. Hyperscalers and AI labs are committing trillions in spending while generating limited, often unprofitable revenue. Circular financing, off-balance-sheet obligations, and intensifying competition from Chinese open-source models have created a structure vulnerab

Federico Carrasco
Aug 47 min read


South Korea, welcome to the wild world of Leverage!
"Smart Men Go Broke From Ladies, Liquor, And Leverage". Charlie Munger The Asian country just learned this lesson the hardest way possible. The KOSPI surged 116% to an all-time high by June 2026, fueled by AI chip mania around Samsung and SK Hynix. 😈 Then regulators greenlit single-stock leveraged ETFs in May, products promising 2x, 3x, even 5x daily returns. Retail investors piled in with margin loans, pushing total margin debt to ₩38.6 trillion. 92% of leveraged ETF holde

Federico Carrasco
Aug 22 min read


7 leading LLMs over 7 challenges
Over the past few days, I stress‑tested the world’s top LLMs using real engineering and business tasks, not trivia or creative prompts. I focused on the work I actually want to increase productivity, putting seven leading AI models through a rigorous seven‑challenge gauntlet. Python Code Generation, Clean, production-ready scripts under pressure CSS/HTML Debugging, Live rendering fixes, not just code dumps JavaScript Troubleshooting, Async bugs, memory leaks, and edge cases U

Federico Carrasco
Jul 292 min read


Claude is, by far, my top go-to legal LLM companion
I ran another real-world legal contract creation test: 5 LLMs, multiple source reference documents, and one objective: 👉 create a complete business contract. As an AI professional, I intentionally explore use cases outside my own areas of expertise. This is the best way to evaluate the true value proposition of these tools and understand where they can genuinely transform the way businesses operate. This time, I provided four reference documents covering: 📌 Technical speci

Federico Carrasco
Jul 151 min read


The Illusion of European Defense: Why a Million Copycat Drones Won’t Save the Continent
David Heinemeier Hansson's recent LinkedIn post highlighted a stark reality: Europe is scrambling to wake up from decades of "naive pacifism." He announced his investment in the Danish startup Upteko, drawing parallels to Palmer Luckey’s Anduril in the United States. But David’s post exposes a much deeper, structural vulnerability. When even Denmark, traditionally one of the most peaceful nations on earth, starts pivoting tech capital into building quadcopters, it signals pan

Federico Carrasco
Jun 224 min read


SpaceX IPO: The $1.75T Cosmic Gamble
The newly released SpaceX S‑1 isn’t a traditional IPO filing, it reads like a manifesto. Instead of sober financial disclosures, it opens with 14 pages of photographs, repeating the phrase "extending the light of consciousness to the stars". It warns investors that humanity must avoid "the fate of the dinosaurs" and pitches future business lines such as asteroid mining, lunar manufacturing, and rocket‑based city‑to‑city travel. 💸The $1.75T Valuation Disconnect A staggering

Federico Carrasco
May 262 min read


Sneaky Elon!
Lately, Grok seems to have one favorite line: "Service is in high demand", regardless the complexity of the provided prompt! And right adjacent, the button: "Try SuperGrok for free." 😏 Translation? 🍽️ Sorry folks… no more free dinner. It’s a smart monetization move wrapped in polite UX language. First create demand, then present the upgrade as the solution. Classic scarcity strategy meets subscription economics. Nothing wrong with charging for value, but let’s call it what

Federico Carrasco
Apr 281 min read


Apple after Tim: One more thing ?
Tim Cook’s departure after fifteen years as CEO marks a defining crossroads for Apple, not only in leadership, but in identity. Under Cook, Apple became a financial superpower: revenue nearly quadrupled, market value rose by $3.6 trillion, and the company transformed into what one expert in the transcript calls "a giant machine.” Cook’s genius was operational: global supply‑chain mastery, the China Mobile breakthrough, and the expansion of services that monetized the billion‑

Federico Carrasco
Apr 233 min read


Driverless Cars and why my daughter, mastered the manual gear and left the algorithms behind!
It took 19 years and 2 months for my daughter to learn how to drive a manual car in the spaghetti‑like streets of Athens. Yet after two decades of global R&D , I still don’t see a single truly driverless car navigating the chaos of Athenian traffic. And that contrast matters Despite the hype, fully autonomous driving remains one of the most expensive, complex, and prolonged technology quests of our era . Google began its self‑driving project in 2009 , later becoming Waymo, n

Federico Carrasco
Apr 202 min read
bottom of page

