The Knowledge Base
The Ecotones.
Legacy institutions analyze sectors in isolation. The organism maps reality by observing the boundaries where systems collide.
In ecology, an ecotone is a region of transition between two biological communities. It is where the most dynamic evolutionary pressure occurs. The Circle applies this framework to the global economy.
A power grid reaching capacity in Texas is not an infrastructure story; it is an electronic labour constraint that prices out AI deployment, triggering a liquidity cascade for data center debt. The organism observes the F.I.R.E. vectors simultaneously to locate these transitions.
Finance
Liquidity / Debt / Capital MarketsThe circulatory fluid. The organism monitors systemic liquidity, Fed reverse repo facilities, unlisted toxic debt in commercial real estate, and crypto-fiat settlement layers.
Insurance
Catastrophe / Parametric / LiabilitiesThe immune system. Institutional capital retreating from physical infrastructure risk. The organism tracks parametric triggers, un-insurable coastal grids, and cyber-liability write-offs.
Real Infrastructure
Base-load Power / Supply Chains / LogisticsThe skeleton. Nuclear baseload required for datacenter expansion. Copper deficits. Strategic logistics corridors. The hard physics of the transition that cannot be abstracted.
Electronic Labour
AI Agents / Robotics / Automation RatesThe muscle. The replacement of cognitive white-collar labor with autonomous agentic systems. Cost collapse in intelligence generation. We are observing the decoupling of productivity from human employment.