Category Archives: Technology and innovation

Wolf Richter: Boeing Launches $22 Billion Share Offering to Get Breathing Room, Dodge Junk Credit Rating, after Having Wasted $64 Billion on Share Buybacks

With the equity raise as outlined today, the company will have some limited financial breathing room, and will likely avert a near-term down grade to junk, so one day at a time.

Why Does the EU Want to Become More Like the US?

Bloc elite aim to double down on anti-labor, pro-market policies under the guise of competitiveness and productivity in order to compete with China.

Interview: Are We Misinformed About Misinformation?

The influence of iffy and inflammatory online content so often depicted as misinformation is overblown, says researcher David Rothschild.

My Life So Far in Type (Partly, at Least)

Reminiscence of the transition from analog to digital in the publishing world.

Big Digital Tech Moves Into Synthetic Biology: The Generative AI Rush / Black Box Biotech P1/2

A new report, Black Box Biotech, warns of the biodiversity and error risk of AI engineered proteins, aka synthetic or “generative biology”.

Progressives Sound Alarm as Harris Courts Crypto Industry

“Crypto is a haven for businesspeople with nefarious or criminal intent.”

The Challenge of Preserving Good Data in the Age of AI

If AI-created content floods the internet, who decides what online information is worth archiving?

Elon Musk and Tesla Shape America’s Future. But Problems Run Deeper Than Tweets.

The financialization of U.S. firms making key products endangers American global leadership and, in Tesla’s case, climate change progress.

The EU Retreats Further into a World of Self-Delusion

Mario Draghi calls for Europe, decimated by self-inflicted energy crisis and social austerity, to go on borrowing spree to pay for endless fight against Russia.

Why Must Humans Compete for Electric Power with AI Bullshit Generators Programmed by Ritual Incantations?

A takedown of AI so-called “prompt engineering.”

Bloodletting in Semiconductor Stocks Kicks Off September: Nvidia -11.7% Regular & Late Trading, Stock Market Cap Drops by Half a Tesla

The Nasdaq Composite dropped 3.3% yesterday. If the tech stock index declines another 6.7%, it’ll be back to November 2021.

5 Lessons From Ancient Civilizations for Keeping Homes Cool in Hot, Dry Climates

To prepare for an even hotter future, designers today could learn from the past.

The Problem with AI

Why AI is likely to have more limited use than boosters anticipate, particularly in replacing professionals like teachers and accountants.