Irreducible
Commonwealth Bank of Australia introduced an AI voice bot, concluded that 45 customer-service positions were no longer needed, and then reversed the decision three weeks later. What failed: the technology, the workforce assessment, or the link between them? The decision after the deployment In June 2025, Commonwealth Bank of
Private equity is taking another look at healthcare. In The Weekend Pitch, PitchBook's Esther Luz describes investors moving beyond traditional physician-practice roll-ups toward services patients pay for directly: weight management, hormone therapy, medical aesthetics, and concierge care. The economic attraction is understandable. These businesses can reduce
Forty-four years since Milwaukee's last World Series. Thirty-one years since Tampa Bay was awarded a franchise. Two teams chasing a championship neither has ever won. Baseball was designed to be a game of perseverance and poetry. Unlike other sports where you cross a line into enemy
Wednesday Questions
An occasional answer. A few observations. And plenty of questions. Healthcare AI: Where Does the Value Actually Come From? A recent West Monroe discussion of AI in private-equity-backed healthcare companies caught our attention. How PE-Backed Healthcare Companies Can Turn AI Into Revenue Cycle Value describes how revenue-
Issue 2 | The Irreducible The Bot Worked. Was the Workforce Decision Right? A banking institution used AI to transform how work was done. But did the evidence justify the workforce decisions that followed? Your Money. Your Agent. Whose Decision? A trading platform looks toward a future of AI-assisted investing.
Monday-Monday
A football thought while waiting for the World Series to begin. For more than a century, football has relied on three people, two poles, and ten yards of chain to answer one of the game's most consequential questions: Did he pick up the first down? The old chain
Opinion
International cooperation on artificial intelligence should be about more than preventing harm. What might we achieve if nations worked together to realize its potential?
Irreducible
AI can make medical evidence easier to find. But does that lead to better clinical decisions? OpenEvidence raises a consequential question about accuracy, judgment, and patient outcomes.
Six, Two, and Even
An old expression, a memorable manager, and October baseball is here! Welcome to the lighter side of Tendere.
An independent publication exploring questions worth asking, evidence worth examining, and perspectives worth considering.