Oracle has no history of creating compelling consumer-facing products. Their ability to run the most addictive algorithm in social media is questionable.
Money, Politics & Power
Posted inVideos
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.
Posted inEconomic Policy
Big Banks Behaving Badly
Decades of consolidation have made large financial institutions the primary partners for small businesses. Two case studies show how banks destroy businesses with automated systems, rather than personal relationships. Meanwhile, America’s relatively meager safeguards are being radically dismantled.
Posted inMoney, Politics, and Power
Ted Cruz Attempts to Exempt Big Tech From the Law
The Texas senator has introduced a bill allowing any AI company a streamlined path around regulations.
Posted inMoney, Politics, and Power
Down and Out on the Crypto Frontier
In Wyoming, the Delaware of cryptocurrency, industry players celebrated their fortunes and said everyone will benefit. But workers haven’t seen it.
Posted inMoney, Politics, and Power
Capture the Media, Control the Culture?
Trump’s attack on Jimmy Kimmel helps spotlight an even bigger problem.
Posted inMoney, Politics, and Power
Russ Vought’s Scheme Has Been Unmasked
Hundreds of billions in appropriated spending has been withheld, with dire consequences. Government funding shouldn’t be derailed like this.
Posted inBooks, Arts and Culture
This Proposed Media Empire Runs on AI
Oracle scion David Ellison wants to combine two of the largest movie studios and streaming networks, along with dozens of cable stations.
Posted inMoney, Politics, and Power
Democrats Must Oppose the AI Industry
As currently constructed, AI is an oligarchy-enriching, worker-immiserating, energy-depleting, brain-rotting economic bubble in waiting. Democrats can get on the public’s side here.
Posted inMoney, Politics, and Power
In Trump’s D.C., the Swamp Runneth Over
This is by far the most corrupt administration in American history.