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Growth Newsletter: https://levelingup.beehiiv.com/subscribe Need marketing help? Visit: https://www.singlegrain.com/ and https://npdigital.com/ Want to recruit great marketers? Find them here: https://marketingschool.io/hire Eric shares Sahil Lavingia's chart: June 2026 was the first month Gumroad spent as much on AI tokens as on human payroll. They debate what that means at scale, then dig into Elon's Economist interview: AI timelines, universal income, fear marketing, and why 87% of Chinese respondents are net positive on AI while most Americans are afraid. Eric closes on open-source models catching the frontier and why regulation can't put the genie back. Key takeaways ◾AI spend matching payroll is coming for more companies; the only question is speed ◾Fear is a marketing choice: how leaders talk about AI shapes adoption ◾Open-source models catching up changes the whole regulatory debate Chapters 00:00 Gumroad's AI Payroll Shift 01:59 Elon's AI Future Debate 07:48 Free Markets vs Regulation 08:33 Home