Silicon Valley’s AI Dreams Face a Blue-Collar Reality
AI energy needs are set to accelerate planetary damage, but in the meantime, they will generate a lot of blue-collar jobs.
Read more...Author Archives: Yves Smith
Iran War: Iran and US Announce Signing of Memorandum of Understanding for Friday, Amid Doubts About Status of Terms, Israel Sabotage; Iran Claims Blockade and Hostilities on All Fronts to End Monday Night
Today’s Iran war news: For a change, both Iran and Trump say a “deal” really will be signed. But will that come to pass?
Read more...Links 6/13/2026
How Western Media Normalizes Israel’s Ethnic Cleansing in Lebanon
As in Gaza, where genocide and ethnic cleansing continue, the media reports on “ceasefires” in Lebanon , ignoring Israeli massacres of civilians.
Read more...Michael Hudson: Debts That Cannot Be Paid Won’t Be
R. C. J. Cranstoun spoke with Michael Hudson on debt, rentierism, and the geopolitical rift around sanctions, energy, and the dollar system
Read more...‘This Is Oligarchy’: Nearly 100 Billionaires Are Funding Susan Collins’ Reelection Bid
My goodness, why are so many billionaires, the overwhelming majority of whom do not vote in Maine, so eager to see Graham Platner lose?
Read more...Iran War: Trump Again Whiplashes, Threatens Sustained Bombing, Capture of Kharg Island, Then Touts Plan to Sign Not-Finalized Iran Memo; More on Oil and Metals Squeeze, Plus SpaceX, AI Tidbits
Today’s Iran war post: Trump would have us believe that his 39th “deal is nigh” promise means it is about to happen.
Read more...New Consumer Report Finds “Concerning Levels of Additives” in Popular Snacks
Quelle surprise! Junk food often contains a lot of less-than-healthy additives.
Read more...Wealth Is Not the Biggest Problem We Face: Inequality of Power Is
Is there any way back from the extreme concentration of power in societies across the world?
Read more...Iran War: Trump Again Strikes Iran Out of Frustration With Refusal to Capitulate; More Reports of Trump’s Unhinged State; Iran Closes Strait of Hormuz; Doubts About Trump Claims of Covert Oil Transits
Today’s Iran war news: Trump looks hopelessly mired in Iran due to his emotional instability and denialism. Billions will pay the price.
Read more...Putin Powerfully Rebuffed the Hawks Who Want Him to Attack NATO
Putin cleared his throat to smack down the idea that Russia should seek to mix things up with NATO.
Read more...Lawsuit Puts Spotlight on Amazon’s Free Speech Violations, Use of Contractors to Facilitate Abuses Like Wage Theft
Amazon is engaged in a tooth and nail fight to beat a New York City bill to end its use of contractors to escape liability for labor abuses.
Read more...Increasing Employment in Pre-Retirement Years Slows Cognitive Decline
Older men show less cognitive decline if they keep working. Does this finding apply only to paid jobs or would charity roles be salutary too?
Read more...Links 6/10/2026
Iran War: US Launches New Attacks on Iran Using Bogus Pretext, With Iran Retaliating Swiftly; Global-Economy-Destroying Long Conflict Looks Baked In
Today’s Iran war news: The laughably bad pretext for the latest attacks on Iran indicates the US will not abandon this conflict any time soon
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