For artificial intelligence to ever pencil out, some truly enormous revenue streams will be required. And if you need trillions of dollars for data centers forever, there’s only one entity to turn to: Uncle Sam.
Money, Politics, and Power
Posted inMoney, Politics, and Power
The Flaw in Trump’s MAGA Media Empire Plot
Warner Bros. Discovery has announced that it is for sale, and Trump is trying to force the company to agree to a merger with Paramount, consolidating media with his allies the Ellisons. But states can block that merger.
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Here’s What Trump’s Ballroom Donors Want
The price tag on Donald Trump’s garish White House ballroom, now up to $350 million, keeps increasing. That’s because the cost of construction isn’t nearly as important as having an inventory of donations available for corporate America to pony up.
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The AI Ouroboros
Like the mythical ouroboros, the snake that eats itself, Nvidia is propping up the AI industry with circular funding deals to keep the AI bull market charging forward.
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The Ad Campaign for Capitalism
By the close of the 1970s, the U.S. Chamber of Commerce had undergone a radical transformation. Once a cautious, business-friendly trade group, it had become a politically aggressive and ideologically driven machine.
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AI Is Changing How Politics Is Practiced in America
AI is poised to play a more volatile role than ever before in America’s next federal election in 2026. With little prospect of regulatory action, there are no safeguards against the dramatic potential impacts for our democracy.
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Crypto Bros Want to Create Micro Landlords
You might expect crypto enthusiasts to look down their noses at landlording as an antiquated way to earn a fortune, not worth their time when they are busy democratizing money. But in finance, everything old is new again. “Fractional ownership” of “tokenized real estate,” the latest crypto scheme, works like this: a company sells investors […]
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How Anti-Monopoly Is Enduring Despite Trumpian Corruption
Attorney General Pam Bondi’s meager attempt at insult comedy in a Senate Judiciary Committee hearing this week is the kind of thing that many political observers call “dramatic,” when in reality it was boring deflection and obfuscation punctuated by lazy scandalmongering. But there was something interesting going on in that hearing on the other side of the […]
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Microsoft Is Abandoning Windows 10. Hackers Are Celebrating.
The company will stop supporting the OS on October 14. Advocacy groups warn this will leave up to 400 million computers vulnerable to hacks or in the dump.
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AI’s $600 Billion Blind Spot
A new report offers a legislative road map for creating a competitive and secure cloud computing market, without forcing policymakers to reinvent the wheel.