Category Archives: Technology and innovation

Disruptive Finance Huffing and Puffing Won’t Blow Big Bank Houses Down

Why newfangled finance will not have much impact on the banking industry.

Facebook, Privacy, and the Use of Data

The US press and punditry has been tip-toeing around the real problem with Facebook: that it has monopoly power.

The Curious Case of the F-35

Hilarious examples of the F-35 program’s ongoing difficulties, and imperialism vs. militarism as an appropriate frame.

Monopoly Capitalism: At The Breaking Point?

Michael Hudson discusses monopoly capitalism on the Laura Flanders show.

Remote-Controlled Self-Driving Cars: Unworkable Technology for Unproven Technology

Debunking a scheme to reduce the risk of self-driving cars: remote control operators.

Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda

Dissecting the New Yorker’s fawning profile of new Uber CEO Dara Khosrowshahi.

Gaius Publius: Stephen Hawking on What Killed the World of the Jetsons. Prelude to Thoughts on a Guaranteed Jobs Program

Hawking showed a not-surprisingly acute grasp on the implications of technological unemployment.

Wolf Richter: Collapse of Cryptocurrencies in Q1 – Even the Biggest Crashed 67% to 88%

Cyrptocurrencies’ wild ride is looking more and more like a skydive with no parachute.

Tesla Encounters the Material World

The likely failure of Tesla’s hyper-automated manufacturing process, and the externalities of battery fires in electric vehicles.

Gaius Publius: How to Turn Off Third-Party Data Access to Your Facebook Account

A how-to for people who can’t give up on Facebook but want to reduce their snooping exposure.

Bank Enthusiasm for Blockchain Waning

Blockchain hype is finally meeting commercial realities.

Wolf Richter: Tesla Slammed by Tesla (and Moody’s)

Tesla’s bubble is starting to deflate.

Over One Fifth of Student Borrowers Used Loans to Gamble on Cryptocurrencies

A new category of cryptocurrency sucker, and even worse, leveraged traders to boot.

The Decline in Quality of Manufacturing Entrepreneurship in the US

Yes, Virginia, US manufacturing is going downhill at the bottom of the food chain as well as from the top.

Plastic Watch: Great Pacific Garbage Patch Grows

The Great Pacific Garbage Patch, a major plastic accumulation zone located between California and Hawaii, is growing at a rate greater than previously believed, according to a new scientific paper published last week.