Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding
Peeling back more layers of the SVB implosion and its broader implications.
Read more...Category Archives: Technology and innovation
US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Read more...Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?
How severe might the contagion from the Silicon Valley Bank failure be? And who will suffer most: tech land or other banks?
Read more...Ayn Rand vs. Elinor Ostrom: The Fight for the Future of Social Media
Contrasting ideologies at play about the structure and role of social media mirror the conflicting ideologies in economics.
Read more...Workers’ Responses to the Threat of Automation
How effectively do workers perserve their position relative to automation?
Read more...Wall Street Journal: “US Is Not Yet Ready for Great Power Conflict” Yet Still Plots Against China
The US seems obsessed with China, yet effectively admits it is behind and unlikely to catch up. And it too quickly dismisses Russia.
Read more...America’s Chips War With China: Another Sanctions Backfire Coming?
Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.
Read more...Losing Out in Critical Technologies: Cisco Systems and Financialization
Cisco turned from innovation to financialization, weakening the position of the US information-and-communication-technology industry
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced
An update on Uber financial fakery and continued lack of bona fide profits.
Read more...In Rural America, Right-to-Repair Laws Are the Leading Edge of a Pushback Against Growing Corporate Power
After years of efforts to advance right-to-repair rules, farmers are starting to get traction.
Read more...Tech Companies Are Getting Into Neurotechnology. Should We Worry?
Consumer-facing neurotechnology could make computers more accessible — and pose a new kind of threat to data privacy.
Read more...ChatGPT Is a Data Privacy Nightmare. If You’ve Ever Posted Online, You Ought To Be Concerned
More reasons to regard ChatGPT as CheatGPT.
Read more...Meatpacking. Healthcare. Housing Rentals. Industries Across the Board Using Tech to Fix Wages and Prices
DOJ says it’s going to crack down as lawsuits pile up against real estate Goliaths and US officially becomes a “rent-burdened nation.”
Read more...A Recent Artifact with Stories to Tell
Outwardly simple and seemingly rational choices often have far-reaching consequences for those who cannot or will not imagine the day after tomorrow.
Read more...AI = BS
Don’t. Don’t. Don’t believe the hype.
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