Each quarterly takes every signal the Stack logged in a quarter and asks what they say together that no single signal says alone — the movements, the counter-signals, and the open loops carried into the next quarter. Each issue scores the last one's open questions.
The readiness gap got measured — in audit confidence, production survival rates, margin points, breakeven headcounts, and days to enforcement. Four movements: bolted-on adoption began trailing non-adoption, capability was discovered rather than specified, the agent became a party, and the buildout moved onto the balance sheet.
The gap between what AI could do and what organizations could absorb showed up in distribution models, labor markets, supply chains, and valuations. Four movements: sovereignty became contestable, the readiness gap moved from thesis to financials, the agent layer became the value-capture surface, and the firm itself started to dissolve.
Between quarterlies, Orientation picks the one signal that matters most each week and what it means on IBM i, and the Signal Stack holds the full sourced record.