Wolf Richter: Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Read more...Category Archives: Technology and innovation
As Boeing Inches Toward 737 MAX Recertification, 787 and Lunar Lander Go Sour, Charleston v. Seattle Looms
Boeing, Boeing…..
Read more...Robert Pollin: Biden Not Phasing Out Fossil Fuel, Relies on Carbon Capture
Robert Pollin critiques the Biden climate plan for over-relying on unproven carbon capture, investing too little in solar and wind, and treating China as a rival.
Read more...Robot Generals: Will They Make Better Decisions Than Humans – Or Worse?
The odd idea of replacing generals with AI is getting a hearing.
Read more...Fed Economists Finger Monopoly Concentration as Underlying Driver of Neoliberal Economic Restructuring; Barry Lynn in Harpers and Fortnite Lawsuit Put Hot Light on Tech Monopoly Power
Some good work on monopoly is marred by the bizarre inclusion of Uber. Its predatory pricing is the result of deep pockets and ideology, not potential market power.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit
The press is still refusing to depict Uber accurately, as a rotting corpse.
Read more...Crapification, Vanguard Style: Customer Service Rep Bullies Your Humble Blogger into Taking Security Risk
Vanguard behaves very badly.
Read more...Why Taiwan Is at the Heart of a Geopolitical Struggle to Produce Cutting-Edge Computer Chips
Why Taiwan could serve as a prototype for a tech proxy war.
Read more...Is Silicon Valley Nudging Us Towards an Authoritarian Future?
Why it is not crazy to worry about Silicon Valley.
Read more...Boeing 737 Max Ungrounding Pushed Back Again; WSJ Sources Say Early 2021
Moar bad news for the 737 Max.
Read more...Big Pharma Wants to Pocket the Profits From a COVID Treatment You Already Paid For
Why Gilead’s price gouging for its Covid-19 treatment remdevisir is even more egregious than you thought.
Read more...We Won’t Have a Truly Global Economy Until We Tax It That Way
Tax is an enormously powerful tool for shaping economic policy and thus bears close watching.
Read more...Who Benefits From New Technologies?
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely?
Read more...Automation, Globalisation, and Vanishing Jobs
A new take on how automation and offshoring affect employment.
Read more...The Fleming Myth and the Public Sector Contribution to Discovery and Development of New Cancer Drugs
Abstract, “basic research” is essential to drug discovery. It is also largely funded by the public sector.
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