Tuesday links: ad-supported AI

CryptoBig layoffs at Coinbase ($COIN). (cnbc.com)Bullish ($BLS)said it will buy transfer agent Equiniti. (reuters.com)The SECElon gets off with a slap on the wrist from the SEC, re Twitter. (variety.com)The SEC has hit pause on prediction market ETFs. (finance.yahoo.com)Private assetsOn the differences between private and public real estate. (thealtview.substack.com)How much overlap is there between BDC portfolios? (ft.com)Fund managementWhy you are going to start seeing the Morningstar ($MORN) name on Vanguard index funds. (riabiz.com)Why Schroders felt the need to sell. (ft.com)AIThe scale of AI spending is hard to grasp. (axios.com)But AI remains capacity constrained. (thetranscript.substack.com)AI CEOs are backing away from the idea of it wiping out jobs. (noahpinion.blog)On the math behind ad-supported AI. (tomtunguz.com)EconomyLooking at the stagflationary April ISM reports. (bonddad.blogspot.com)A reckoning is coming for the oil market. (semafor.com)How long will people be mad