The technological struggles are in some ways beside the point. The financial bet on artificial general intelligence is so big that failure could cause a depression.
Economic Policy
Posted inEconomic Policy
Trump Deal Lets Intel Move Factories Overseas, Sen. Warren Explains
In a letter to the Commerce Department, Warren blasts the actual deal between the Trump administration and Intel, even as she supports the concept of equity stakes.
Posted inLaw and Justice
Embarrassing Ruling Allows Google to Maintain Its Search Monopoly
Judge Amit Mehta found Google guilty of illegally monopolizing search, and then allowed the company to keep doing it.
Posted inEconomic Policy
The Shifting Anti-Monopoly Landscape
Fights over data centers and music venues show that resisting corporate power will have to go local in the age of Trump.
Posted inEconomic Policy
How Fast Fashion Keeps People Poor
Companies like Shein are using influencers to get Zoomers hooked on truckloads of shoddy clothing.
Posted inEconomic Policy
Judge the Actually Existing Trump Economy, Not the Theory
Equity stakes, loophole closures, and protecting domestic industries might make sense in someone else’s hands. Not from a president with no strategy or plan.
Posted inEconomic Policy
Injecting Crypto Into the Mortgage Market
Trump’s top housing regulator wants to allow crypto to be used as collateral for mortgages.
Posted inTAP
How John Roberts Can Help Trump Control the Fed
Today on TAP: Trump didn’t give a reason for firing other members of independent agencies. Roberts can say he gave one here.
Posted inTAP
What State Capitalism Can Do—and What It Can’t
Today on TAP: Trump’s version is a joke. But even our version would have limited benefits.
Posted inEconomic Policy
Trump Attempts to Take Over Fed
It won’t work, but it sure will rattle the economy.