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31/07/2026

AI companies are buying used physical books in bulk, cutting off the bindings, scanning the pages, and destroying what is left. One small bookseller's orders jumped from 20 books a week to hundreds starting in April.

The workaround is legal. First-sale doctrine lets buyers do what they want with a purchase, and a judge ruled that converting print to digital counts as transformative fair use. Anthropic separately paid authors $1.5 billion over pirated copies.

Book databases now broker anonymous orders of 1,000 to one million titles at a time. Rare and out-of-print volumes are getting pulped, meaning some of the last surviving copies of certain books may quietly disappear (old books are free of AI slop).
- The 1%

31/07/2026

From farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is impossible to think of an area of our modern-day lives that is not affected by the oil industry. The story of oil is the story of the modern world. And this is the story of those who helped shape that world...

30/07/2026

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