The Seen and the Unseen: The Real AI Trade

Bastiat’s lesson in “seen vs unseen” is about to make traders rich.

Frédéric Bastiat wrote in the mid-1800s that in economics, there is always what is seen and what is unseen. The seen is the immediate effect, the shiny headline, the surface-level explanation. The unseen is the ripple effect — the costs, the dependencies, the second- and third-order consequences that actually drive outcomes.

In today’s markets, the seen …