The gap between investment income and work income has never been so glaring.
artificial intelligence
Posted inTechnology
Silicon Valley Needs Washington After All
The industry that spent 50 years insisting it didn’t need the state has discovered it can’t do without it.
Posted inTechnology
The Great AI Repricing Isn’t Going Well
Companies are backing off on their AI spending. Because investors have made such big bets on AI coming to fruition, that’s a big problem.
Posted inPodcasts
Organized Money: How to Think About AI (with Cory Doctorow)
AI might just be useful once we get through the huckster phase.
Posted inPolitics
Tech Industry Defector in NY-12 Gets Boost From New Super PAC
Guardrails Alliance has already raised $5 million and yesterday launched its first ad buys for New York state Rep. Alex Bores, who is running to replace longtime Rep. Jerry Nadler.
Posted inEconomic Policy
Trump and Bernie Agree: Let’s Own AI!
One’s a narcissist, the other’s a socialist, but there’s room for all in this improbable coming together.
Posted inEconomic Policy
Elon Musk Is About to Make Saving for Retirement Even Harder
The upcoming SpaceX IPO will make investing in index funds for retirement worse, while Musk and friends rake in millions.
Posted inMoney, Politics, and Power
Tracking the Flood of AI Political Spending
A new tool from Demand Progress will show you which pols are on the AI take.
Posted inTechnology
A Market Bubble Led by AI
Artificial intelligence may not be intelligent enough to accurately value AI companies.
Posted inTechnology
Take This Data Center and Shove It
Americans ain’t puttin’ up with these things no more. Welcome to Virginia, ground zero for data center defiance.