When I started this newsletter (back in 2024), I had the confidence of someone who'd never run out of ideas. By this year, the reservoir had run dry. But I kept writing anyway. Here's what I learned from writing 51 newsletters in 2025: → AI dominated my output (31%) when I planned to write about policy → Being right about content marketing's comeback didn't prevent months of struggle → The newsletter became less about expertise, more about documenting uncertainty → Writing became thinking in public The biggest lesson? Markets can remain irrational longer than you can remain solvent. And that applies to career too.
The AI Revolution’s First Casualties: Why Your Entry-Level Job Disappeared
If you're a recent graduate struggling to land that first role, you're not imagining things. A new paper examining millions of American workers reveals something stark: since ChatGPT went mainstream in late 2022, employment for workers aged 22-25 in AI-exposed occupations has plummeted 13% relative to their older colleagues. The traditional career ladder assumed you started at the bottom and climbed up. AI just removed the bottom rungs entirely.
The Great Inversion: How AI Flipped Copyright Inside Out
In 2020, my manager rejected a candidate for plagiarism. In 2024, Anthropic paid $1.5 billion for using pirated books to train Claude, even though a judge ruled the actual training was "fair use."
What 2025 Taught Me About Survival and Meaning
This is the 100th edition of "Elephant in the Room", and my most personal. It's the story of survival in face of uncertainty. Edition 100 is about the year that forced me to learn the difference—and what actually kept me intact when everything felt uncertain.
Musings by Madhav 