Self-improving AI agents reward their own mistakes
Self-improving AI agents that learn from stored memory can inflate rewards for wrong answers, then preferentially reuse their most confident mistakes
A newsletter breaking down AI research, technology, and Australian property in plain English
Self-improving AI agents that learn from stored memory can inflate rewards for wrong answers, then preferentially reuse their most confident mistakes
More than half of Australians surveyed by the RBA think higher interest rates push inflation up, not down, and it changes how monetary policy actually
Headline inflation fell to 3.8% on 29 July, yet services and non-tradables inflation both rose and the trimmed mean did not move. Our ten-driver framework crossed its hike boundary by 0.03 — with the four strongest objections to that reading set out in full.
The June 2026 quarter CPI landed on 29 July with two structural changes: earlier monthly releases from February 2027 and no mid-year weight update
Australia's Wage Price Index rose 3.3% in the year to March 2026, but private sector pay slowed to 3.2% as new home loans fell 6.2%.