Yet More AI Bubble Worries, Now on Debt Side, with Wall Street Journal Featuring AI Datacenter Borrowing “Frenzy”
Peeling back another layer of the AI onion, today on datacenter financing.
Read more...Category Archives: Technology and innovation
More and More Young People Disengaged from Work and Social Contact
Unemployment among young graduates has hit a sustained high level in many countries, which will produce further social and economic harm.
Read more...Has Ed Zitron Found the Fatal Flaw with OpenAI and Its Flagship ChatGPT?
The Financial Times has re-reported cautious but devastating-looking findings by Ed Zitron on OpenAI’s inference costs and truthfulness.
Read more...Tom Ferguson and Nick French: Red Tech’s Political Power, Its War on Labor and the Environment
An in-depth talk between political scientist Tom Ferguson and Jacobin’s Nick French about recent big shifts, above all the rise of red tech.
Read more...Who Will End Up Paying for the AI Spending Spree?
AI is now so clearly a money burn pit that efforts are already underway to fob the losses off on taxpayers. Is there any way to head it off?
Read more...What Can Europe Learn From China’s Critical-Tech Innovation Push?
China’s rise in frontier technologies narrows its gap with the US as Europe struggles with slow replication and fragmented research.
Read more...Call Your Congresscritters: OpenAI Laying the Groundwork for Massive Federal Bailout
AI is not just coming for your job. Industry leaders plan to pick your pocket on a massive scale via a bailout.
Read more...Technology Empires and the Race to Cement Dominance
A look at how the US and China are seeking to achieve technology hegemonies, and the efforts of smaller countries to carve out niches.
Read more...Data, Power and Emissions: How AI’s Growth May Slow Down the Green Transition
AI’s power demands are producing heavier use of fossil fuels to generate electricity.
Read more...Big Employers Using AI to Decimate White Collar Jobs; What Happens When Real Incomes, Employment, and Social Compacts Erode?
Big companies are cutting white collar jobs, because AI, and warn more is to come. What does this mean for the economy and social stability?
Read more...Revolt Against Data Centers Spreading Around the World
Data centers’ rapidly rising resource demands is fuelling rising internatiional opposition.
Read more...Rob Urie: Democrats Who Created the Bad Status Quo Won’t Become Saviors
The Democrats as a and even the reason US policies are so contrary to the interests of most of the public.
Read more...OpenAI Slipped Shopping Into 800 Million ChatGPT Users’ Chats − Here’s Why That Matters
What happens when surveillance pricing meets the AI hype?
Read more...Not the Fix—The Tell: The Meaning of a $100,000 H-1B Fee
The new $100,000 H-1B fee tacitly acknowledges what early policy architects signaled: expanding temporary tech visas can depress domestic wages. By bringing the fully loaded cost of a new H1B hire closer to what the local market would require to recruit and retain comparable talent, it narrows the wedge between visa-enabled staffing and hiring Americans at market rates.
Read more...Putting a Pause on the Practice of Surrogacy
Surrogacy’s health risks raise ethical issues over whether the practice is exploitative and should be banned.
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