The Global Overview
US Local AI and Surveillance Backlash
Digital infrastructure cannot scale indefinitely without confronting physical constraints. A (Gallup) poll shows 70% of Americans oppose local AI data centers over power and water demands. Protests yielded 40 arrests this year and 25 canceled projects last year. Concurrently, communities are covering cameras from Flock Safety—a US surveillance company providing automated license plate readers to local police—in trash bags to break contracts (404 Media), (WSJ). Uniting grid environmentalism with civil-liberty objections creates a bipartisan local veto. Though offering immense benefits like frontier AI breakthroughs and major crime reductions, these technologies face structural undersupply if local holdouts block them.
Colombia Earthquake Tests Administration
A 7.4 magnitude earthquake on August 10 struck western Colombia, killing at least 287 people across 14 departments (Bloomberg). This emergency presents a major leadership test for new President Abelardo de la Espriella, who campaigned on strict cuts to public finances, including the state’s risk management unit.
Situational Awareness Fund Collapse
Situational Awareness, a leveraged AI hedge fund founded by 24-year-old former OpenAI researcher Leopold Aschenbrenner, suffered catastrophic losses. After surging to roughly $20 billion in assets earlier in 2026, its positions collapsed, forcing a public equities sell-off to Ken Griffin’s Citadel (WSJ).
Los Angeles Lakers Sale
Bob Iger and Josh Kushner are acquiring the Los Angeles Lakers for a record $12.5 billion, following Mark Walter’s $10 billion purchase last year (WSJ). This, alongside parallel tech-backed investments in Liverpool FC, confirms our view that American capital will continue aggressively consolidating elite sports assets across both sides of the Atlantic.
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