Insights

Notes on the commons.

Essays, explainers, and working notes from the TCA team on openly governed AI, the trust layer, and the institutions that keep participation broad.

When Capital Becomes the Product

The question is not whether too much money is chasing AI. It is that the ability to raise capital has become the market’s measure of credibility — and what that concentration costs the ideas that arrive without the largest check.

Read the essay

More writing is on its way. New essays and commentary will be published here.

By letter: The Commons Letter. Where the work stands, what we’re reading, and anything we have to announce. Subscribe