The Trump administration is readying an executive order preempting constraints on AI. It could become a much more wide-ranging deregulatory tool.
Money, Politics & Power
Companies Are Trying to Hide Their Ties to Larry Summers
Some fintech and energy startups haven’t announced that Summers is leaving; they just took him off their websites.
The AI Bubble Is Bigger Than You Think
It’s not just OpenAI that looks overhyped. There’s a whole mountain of sketchy financial engineering underneath.
OpenAI Is Maneuvering for a Government Bailout
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.
Exxon’s Latest Supreme Court Hail Mary
Oil companies insist that if cases are allowed to proceed, it could have major ramifications for the future of their industry. Will a Supreme Court willing to grant Trump immunity for his crimes do the same for Trump’s oil industry backers?
The Prospect Weekly Roundup: How the Supreme Court Legalized Political Corruption
David and Master Plan co-author David Sirota go through the 50-year history of corporations plotting to buy the government.
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.
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.
Why Do We Assume TrumpTok Will Succeed?
Oracle has no history of creating compelling consumer-facing products. Their ability to run the most addictive algorithm in social media is questionable.
The Prospect Weekly Roundup: Crypto Party in Cowboy Country
David and staff writer Whitney Curry Wimbish talk about how crypto bought Congress and how Wyoming is becoming the crypto capital.

