Phase Transitions

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Who Wins When AI Standards Become Toll Roads
A rapid investor lens on the gatekeepers monetizing trust in the AI era.
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Graham Rowe
When the Gates Go Up
The AI Cambrian explosion has been fun. Now for the hard part.
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Graham Rowe
Second-Order AI: Who Wins When Trust Beats Code
A quick investor lens on the US-listed companies poised to gain pricing power as AI floods the market with copy-easy code and makes trust the new moat.
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Graham Rowe
Gutenberg for Code: When Software Becomes Free, Credibility Gets Expensive
AI can build your product overnight—attention, provenance, and trust are the moats you must master next.
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Graham Rowe
Instant-Money Rails: PayShap + QR turn every South African phone into a till by 2028
A low-fee proxy system and a single, bank-agnostic QR code compress cash friction, unlock township business dynamism and put South Africa on an…
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Graham Rowe
Reusable Digital ID: South Africa’s Five-Minute Onboarding Switch by 2027
A once-only e-KYC rule and bank-issued credentials collapse weeks of paperwork into minutes, flood PayShap with verified users, and open credit, tax and…
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Graham Rowe
Risklessness Is Over: AI Just Made Skin-in-the-Game the Last Moat
Why your next competitive edge is the liability you’re willing to carry.
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Graham Rowe
Phase Transitions
Phase Transitions
Essays, prompts, simple tools, and quick experiments for thinking clearly in the age of AI.
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