@Jacobin
The artificial intelligence craze likely just delivered more industry-wide price hikes on household electronics. After accepting billions in taxpayer subsidies, the technology company Micron is shutting down its generic line of consumer-facing chip products to instead focus exclusively on its megacorporation AI customers. The move is expected to drastically limit market competition and raise prices […]
The artificial intelligence craze likely just delivered more industry-wide price hikes on household electronics. After accepting billions in taxpayer subsidies, the technology company Micron is shutting down its generic line of consumer-facing chip products to instead focus exclusively on its megacorporation AI customers. The move is expected to drastically limit market competition and raise prices […]
AI Is Driving Up the Price of Consumer Electronics
Driven by the AI boom, chip manufacturers are pivoting production lines toward megacorporate clients. The move will make consumer electronics even ...
Who controls love: Men, women, or capital? At first, the question sounds absurd. Love in the modern era is supposed to be the most personal of experiences, untouched by politics or economics. Yet in the age of dating apps, it has become one of the central battlegrounds of contemporary life. Across the world, an increasing […]
The secret is out about the potential artificial intelligence bubble — and Wall Street’s sharks smell blood in the water. Wall Street traders have sharply increased how much they’re spending on “credit default swaps,” which, in case you weren’t paying attention during the movie The Big Short, are insurance derivatives that pay out when a […]
The news that Netflix would be acquiring Warner Bros. for $82.7 billion dollars has been met with widespread concern among the entertainment industry as well as in Washington. Politicians on both sides of the aisle, from Elizabeth Warren to Mike Lee, have expressed concern over the possible consolidation of two of the biggest movie and […]
Last week, the US Supreme Court heard oral arguments in a GOP-backed effort to repeal campaign finance limits on how much money parties can redirect to individual candidates. This case could expand the court’s 2010 Citizens United decision, which overturned generations of anti-corruption campaign finance regulation and opened the floodgates of corporate and billionaire political giving. The Citizens United decision still kept […]
