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Author

Eugene Pinsky

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#software testing Open access Oct 2026

The Economy of Bits Moved up One Layer: Capital Intensity, Value Capture, and the Compute Stack in the S&P 500, 2008–2025

Market-capitalization concentration in the Standard & Poor’s 500 (S&P 500) rose sharply between 2016 and 2025, and the explanation usually offered is the economy of bits: negligible marginal cost, network effects, and intangible capital are held to let a few firms scale without scaling their balance sheets. This paper...

Sarthak Pattnaik, Chhayank Jain, Eugene Pinsky · 0 citations
Open access Sep 2026

The Hidden Thirst of AI: A Framework for Estimating Direct, Indirect, and Scarcity-Adjusted Freshwater Consumption per LLM Query

Large-scale artificial intelligence systems increasingly disclose energy and carbon metrics, but their freshwater costs remain less consistently measured. This paper introduces the Water Cost of Intelligence (WCI), a per-query metric combining direct water consumed for on-site data-center cooling with indirect water co...

Bhanu Sharma, Amit Tiwari, Rashanjot Kaur et al. · 0 citations
#reinforcement learning Open access Aug 2026

Do Reinforcement Learning Agents Improve Commodity Sector Rotation? Walk-Forward Evidence from Expert Selection, Strong Benchmarks, and a Frozen-Policy Temporal Extension

This paper tests whether reinforcement learning improves monthly commodity-sector rotation once the experiment is reconstructed from investable instruments, strong active benchmarks, realistic costs, and strictly chronological validation. Total returns for energy (DBE), gold (GLD), agriculture (DBA), and base metals (D...

Gourav Salotra, Eugene Pinsky · 0 citations

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