\u2022 Boomers\u2019 massive wealth will mostly be passed down to people who are already rich: Baby boomers are expected to pass $36 trillion to their heirs in the next two decades, an analysis found.\u00a0The great wealth transfer is coming \u2014 and it\u2019s going exactly where you\u2019d expect. The Washington Post on the data showing intergenerational wealth concentration accelerating, not dissipating. (Washington Post<\/a>) but see Hey \u2026 can you pay me back now? Welcome to the summer of financed fun, where one friend books the Airbnb and everyone else promises the money is coming. The psychology of the awkward IOU \u2014 why asking friends to pay you back is one of money\u2019s great social minefields. (Substack<\/a>)<\/p>\n \u2022 The Insider\u2019s Guide to San Francisco\u2019s A.I. Boom: The city is the tech industry\u2019s hub for artificial intelligence, 30 miles north of the home of companies like Meta and Google. What if San Francisco is the new Silicon Valley? San Francisco has had its share of tech companies since the dot-com boom, but the money pouring into artificial intelligence has lately supercharged the city\u2019s tech profile.\u2028Last year, they raised nearly $35 billion of venture capital funding. The change is visible. Rents are climbing again. City buses are filling back up. And the face of San Francisco is starting to look younger. The NYT maps the geography, social dynamics, and power structures of SF\u2019s AI scene. Where the money is, where the talent eats, and who\u2019s actually building things versus just talking about them. (New York Times<\/a>)<\/p>\n \u2022 The Fun Shortage Is Real, and It\u2019s Making America Miserable: With fewer places to relax and socialize, and steeper prices for entry, having fun is quantifiably harder than it used to be. Bloomberg on the fun shortage: hotels, theme parks, and summer camps priced past the middle class. Even leisure is bifurcating. (Bloomberg<\/a> free)<\/p>\n \u2022 The creator economy is above the law: How influencers get away with anything. the Polymarket campaign was definitely illegal. However, there\u2019s a reason that Polymarket and most content creators don\u2019t abide by these laws: They\u2019re barely being enforced. Scott Galloway\u2019s shop argues the creator economy operates in a regulatory vacuum. Influence without accountability rarely ends well. (ProfG Media<\/a>)<\/p>\n \u2022 The year is 2063 and you were never interesting. You\u2019re never going to be someone\u2019s eccentric grandmother because you spent your best years consuming the lives of strangers. A sharp bit of speculative fiction: the year is 2063 and you were never interesting. The algorithm always knew. (Substack<\/a>)<\/p>\n \u2022 Navigating by Aliveness: One thing that\u2019s missing from those discussions is any consideration of aliveness. Yet I think it might be the key to understanding how to think and feel about AI, how to respond to it, how to integrate it into our lives or not \u2013 and how to ensure, as technology marches on, that we don\u2019t lose sight of what really matters for a meaningfully productive life. Oliver Burkeman on navigating by \u2018aliveness\u2019 rather than obligation \u2014 his usual gentle antidote to productivity culture. (Oliver Burkeman<\/a>)<\/p>\n \u2022 The last astronomers: Amid a flood of AI advances, astrophysicists are questioning the soul of their field. (Science<\/a>)<\/p>\n \u2022 The only bias uncovered in the White House\u2019s Smithsonian report is its own: A White House report alleges radical bias at the National Museum of American History. But the assembled evidence reveals a large and vibrant institution carrying out its mission. A pointed WaPo column: the only bias uncovered in the White House\u2019s Smithsonian report is its own. (Washington Post<\/a>) see also A Huge Escalation in Trump\u2019s Smithsonian Meddling: A White House report details what the administration wants to change in museums\u2014and suggests that a crackdown could be coming. The Atlantic on a huge escalation in Trump\u2019s Smithsonian meddling \u2014 the American History museum is now squarely in the crosshairs. (The Atlantic<\/a>)<\/p>\n \u2022 The Wimbledon boy living a dream that defies belief: If it were a movie script, Arthur Fery\u2019s remarkable Wimbledon adventure would probably never have made it to the big screen because it seemed \u200btoo far-fetched to be believable. A 23-year-old who grew up within walking distance of Centre Court. Ranked 114th in the world. A wildcard \u200centrant with only two previous Grand Slam match wins. Wimbledon semi-finalist? Reuters\u2019 profile of the young tennis sensation whose run at the Championships is the feel-good sports story of the summer. (Reuters<\/a>)<\/p>\n Video of the day: Why The Best Player Alive Barely Runs<\/a><\/p>\n Be sure to check out our bonus episode of Master\u2019s in Business<\/a> with\u00a0David Risher<\/a>, CEO of Lyft<\/a>, one of North America\u2019s largest ride-sharing networks. He joined Lyft\u2019s board in 2021 when the firm was burning cash and losing ground to Uber. Lyft has returned to profitability, with its stock rising more than 75% since Risher took the reins as CEO in 2023. In Q1 2026, the firm had 28.3 million active riders and did $4.9B in gross bookings, with $1.7B revs, and $132.8m in EBITDA. Previously, he held senior roles at Microsoft and Amazon.<\/p>\n \u00a0<\/p>\n Percent Change in Median House Prices from 2000 to 2025 in the US \u00a0<\/p>\n Sign up for our reads-only mailing list here<\/a>.<\/p>\n \u00a0<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/07\/Median-Home-2000-25.png\")
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Source: Data is Beautiful<\/a><\/p>\n
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