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A prosecutor may well have political motivation, but his motivation isn’t what determines a verdict; he must prove his charges in court, through an adversarial process. Despite the yelps that Trump was tried in a kangaroo court, his lawyers had every opportunity to challenge jurors, introduce evidence, question prosecution witnesses, and call their own.

Trump is also right to note that his business practices and records didn’t attract anywhere near as much attention before he was a politician. Trump was famous before he was president, but becoming the most famous person on Earth is something else entirely. With the perks of fame comes more scrutiny. (Just ask Hunter Biden.)

Supporters of the Trump prosecution should be honest about the possibility of political motive underlying the case. The danger of political bias is an inherent flaw in the system of elected district attorneys that most jurisdictions around the U.S. use.

Capone was a notorious gangster, involved in murder, bootlegging, and racketeering, so it seems ludicrous that he was nailed on something as procedural and dry and quotidian as evading taxes.

the Capone case. The mobster committed many crimes, but he did them in a way that made them hard to prosecute. Like many organized-crime bosses, he made sure to speak about things elliptically and keep his fingerprints (literal and metaphorical) off things. (Does this sound familiar?) But Capone couldn’t hide financial crimes as effectively. Prosecutors went after him for tax evasion because that’s what they could prove. It is not selective prosecution to go charge someone for a crime for which you have evidence, even if you don’t charge them for the other, more difficult-to-prove crimes. It is realism. It’s also justified and just.

Republican cries of political prosecution can also be understood in another, better way. Because Trump’s defenders are unwilling to argue that he didn’t falsify the records or that it shouldn’t be a crime, they’re actually arguing that he should get a pass on crimes they view as minor because he’s a political figure

“If they can do this to me, they can do this to anyone,” Trump said at a press conference this morning. Indeed, that’s the point of equal justice under the law.

LF: You made an interesting point about political scientists. They do have a problem in that once you start expanding from your narrow area to take in other areas there are just too many variables. There are too many things to track

Do you think this gives historians an advantage over political scientists because while they may not be scientifically robust they can explain things better?

And, to my mind, doing great violence both to this history, which is far more complex, and to the current set of circumstances which may or may not be relevant to whatever that past tells us

But. and I'm being just a tiny bit flip here, 90 percent of IR theory comes down to three historical questions: What caused the First World War? Was Hitler unique? And how did nuclear weapons affect international politics? Those are all historical questions.

I had the great fortune of being trained by Mark Trachtenberg. You can use some of the advantages that IR theory and political science provide, which is a certain level of precision.

But, taking a historical perspective, you see not just these horizontal connections but also complexity, contingency, chance, circumstances. You become very suspicious of importing historical lessons from the past in total to the present, which you see these days with what people believe to be lessons from the Cold War, the 1930s or Wilhelmine Germany.

I kind of grew up with IR theory. It's an enormously powerful lens to help make sense of the world. It exposes underlying assumptions about research, design, causality and agency.

That problem looked similar to others that we will see coming down the road, be it new emerging technology, the climate crisis, anything involving the ‘Global Commons.’ I was struck that this was a wake-up call

Yet global public health was the low hanging fruit of international political cooperation. We knew this was coming. We knew what to do and we failed miserably.

Russia's behaviour demonstrates that there are other factors involved that drive states to conflict that have not gone away. It's just that a very particular form of war, of unlimited imperial expansion, makes no sense now for states to pursue

Yet, once it eased, our governments and our friends who study these questions went back to normal.

I was disturbed by the fact that the ease with which people began to look at the world through an old lens. With Russia's horrendous invasion of Ukraine there was almost a sense of, well, we know what this is. It looks like World War Two. We have the models to deal with this. This gives us a focus because we have no idea how to deal with these other sets of global problems. The return of great power politics seemed to excuse serious study of these other challenges, which to me were sort of catastrophic.

as a historian I was struck that we use established models to understand international politics without accounting for the profound changes we've gone through, including the doubling of life expectancy. 

That got me into studying and thinking about these issues and inspired me to dive into looking into how a world of scarcity had changed to one of plenty, and how that might change perspectives on how international relations works.

The difference between the world we live in today and the past is that scarcity was an actual physical limit. In the 19th century there was nothing you could do necessarily to produce more food, more fuel, more clean water, more housing. Whereas today we have it completely within our means to solve these scarcity issues.

When those scarcity issues exist it's often the consequence either of some political issue or of us not doing more to alleviate these issues of scarcity. So scarcity today is the result of political circumstances, not a hard physical limit as it was in the past.

In the past, human beings could not get access to the basic resources they need in a consistent way that was predictable. That problem theoretically is now gone. It is not applied universally

If you look at life expectancy curves, the increases pretty much everywhere are extraordinary. In China, which was unimaginably poor, life expectancy has actually surpassed the United States.

The COVID-19 global crisis killed upwards of 20 million people, which is the equivalent of a World War, and was a failure of international cooperation and national domestic responses. Liberal democratic states did poorly; authoritarian states did poorly.

These circumstances were changing underneath in ways that were not recognised. Taming scarcity involved unbelievable increases in agricultural and economic productivity. At the same time there was an unexpected demographic compression where people just stopped having as many kids as expected. This was combined with a variety of other forces including improved governance and massive increases in information about the world. This meant that the historical forces that drove imperial plunder make literally no sense today

European and global politics from the late 19th century to, say, the middle of the 20th century reflected very particular historical circumstances. These drove Imperial conquest. During that period, there was a need for territory to feed populations that were seen as growing geometrically. Those wars of imperial conquest generated many of the disasters both on the European continent and globally

Its hard to imagine now that a geopolitical empire could pull that off. China is actually facing a declining population. People live in cities. They don't need more land.

FG: Even though the problems of plenty were created by developed Western states they hit hard most on states trying to make the transition. So climate change, public health, and inequality affects these states more

The states that have this wealth need people who are drawn in through migration or the efforts to migrate. This is the most divisive political issue globally right now in developed states. The rise of populism in the US and Europe is bound up with the politics of migration, which is a problem of plenty because that generates the magnet that attracts people

In the end, are individual states going to have to work out how to handle these issues in their own ways, or do we need new forms of multilateralism?

FG: I would say it's both. It's a manifesto and I’ve tried to think of some specific policy consequences.

I did a piece for Foreign Policy in which the model I used was of an alien who comes down to Earth every 50 years to assess the situation

Secondly, the problems of plenty, the climate and pandemics, represent the only truly existential threat

The alien would say, why is everyone so sad? I don't have a full explanation but we have deeply bitter, angry politics and some of this has been caused by plenty.

what I say in the essay is that China does terrible things - repression, the Uyghurs, the crackdown on Hong Kong, coercive threats in the South China Sea and Taiwan, its economic policies. It is not a good actor. But what I say is:

in 2024 I'm looking at the numbers, and you live longer. You have this great technology. All the information in the world can be accessed by anyone in this tiny little device for free. On the one hand, under the lingering shadow of our Marxist training, we've done really well. We have great wealth, but we could distribute it better. We've got great technology, but people are miserable. People feel this deep sense of enmity and of anger. That needs to be studied and understood.

if Taiwan were suddenly to be taken over by China, it would not be an existential threat to the United States. It's a very challenging problem, but they need to ask, is this an irredentist problem, that is similar to what happens whenever you have divided two states, whether its the Korean Peninsula, the Middle East, or Kashmi

First, there's one specific threat that can cause World War Three, which is this very difficult challenge of Taiwan. This leads to the question whether China wants Taiwan as an irredentist objective, or is it the beginning of some 1930s like bid for geopolitical hegemony?

We know another pandemic will come and imagine one with more lethality. And don't we have an obligation - both China and the United States - to find some way to work together on these issues even while the other competition persists.

During the Cold War the Soviet Union and the United States were engaged in a far deeper, more bitter ideological and geopolitical political battle that almost ended with a thermonuclear exchange. Yet they worked together to solve two of the greatest problems that plagued humanity. First, the Nuclear Non-proliferation Treaty, where they came together in 1968 with the UK to limit the spread of nuclear weapons, as a shared responsibility.

At the same time, they worked together at lower levels to eliminate smallpox, a disease that had killed twice as many people as all the wars combined in the 20s century

if these two powers, whose geopolitical and ideological competition was an order of magnitude worse than anything that exists between the United States and China today, could figure out a way to work together why not these two powers now?

If somehow the United States figures out a cure for cancer and at the same time China figures out a cure to the climate crisis would we really not want them to share this with each other and Europe and everyone else?

There's only one existential crisis, which is the climate crisis

And as terrible and tragic as the war in Ukraine is and as threatening and terrifying as Cross Strait relations are between the United States and China, so that they demand attention, neither is existential unless we let them become so.

Arguing that “culture war is class warfare,” Mr. Vance has repeatedly encouraged Republicans to use the machinery of government to reclaim institutions that he sees as wholly captured by the left.

In Mr. Vance’s telling, his perspective has been shaped most by his own biography: as a son of Middletown, Ohio; a veteran of a war defined by Washington’s mistakes; an author who was feted by coastal elites whom he came to despise

“You hear European elites and American elites talking in frightened tones about threats to democracy,” he told an interviewer this year. “Isn’t it a greater threat to democracy if people keep voting for less migration but don’t get it?”

He has said that Alex Jones, the Infowars conspiracy theorist, is a more reputable source of information than Rachel Maddow

Mr. Vance recently contributed an admiring blurb for a book co-written by the far-right activist Jack Posobiec, who promoted the “Pizzagate” hoax. He is also listed as the author of a foreword for an upcoming book by Kevin Roberts, the president of the Heritage Foundation and a leader of the Project 2025 initiative

People whom Mr. Vance has cited to explain his worldview or detail who helped shape his thinking include Patrick Deneen, a professor of political science at the University of Notre Dame who has suggested that conservatives must harness the power of the state to counter “liberal totalitarianism”; Peter Thiel, the billionaire venture capitalist for whom Mr. Vance worked; and Curtis Yarvin, a prominent voice on the New Right who has argued that American democracy has devolved to the point that the country needs a monarchical leader.

Mr. Vance would not necessarily disagree, those who know him said. He has spent his recent years at the four-way intersection of intellectual debates, campaign rhetoric, outright trolling and actual policy —

Mr. Rufo described Mr. Vance’s intellectual evolution, “somewhat tongue-in-cheek,” as a journey “from the pages of National Review to the fever swamp of right-wing Twitter.”

“In the past, the political right operated under the illusion that institutions could be neutral,” Mr. Rufo said in an interview, “that any use of state power was illegitimate and that the only rightful policy would be to try to roll back or reduce the size of government.”

said the move from a traditionalist like Mr. Pence to Mr. Vance exemplified “how the Republican Party is going to think about power moving forward

Christopher Rufo

He speaks bluntly about what he sees as the limits of America’s reach and resources abroad — “Those days are over,” he has said of the 20th-century “glory years” of American hegemony — and even more forcefully about the prospect of right-wing victories at home if conservatives could only summon the requisite gumption.

Want to make images of giant Quarans and Bibles? There’s a guide for that. Optical illusion AI Jesus? Poor children? Poor people making intricate things out of plastic bottles? There are guides for them. Tricking people into clicking offsite? Avoiding bans? Getting an account unbanned? Posting automatically? There’s always a guide that explains every single phenomenon that I have seen while wading through AI-generated Facebook slop

These influencers are teaching people to use Facebook as a job. They are essentially penetration-testing Facebook, finding ever-changing vulnerabilities in its content moderation systems and in its recommendation algorithms and then exploiting them and instructing others how to do so at scale.

Meta does not make its payment rates public, even to people in the program. But YouTube influencers regularly show their payment dashboards. Payments for single images that I have seen vary wildly, from a few cents per photo to hundreds of dollars per photo if it goes megaviral. The “$100 for 1,000 likes” that influencer Gyan Abishek mentioned in one of his videos seems to be greatly exaggerated, based on the various payment portals that I have seen.

“If you can figure out how to post content at scale, that means you can figure out how to exploit weaknesses at scale,” the former Meta employee said.

. A Meta spokesperson told me that the company has 40,000 employees working globally on security and trust and safety today, compared to 20,000 in 2018.

The most popular way to make money spamming Facebook is by being paid directly by Facebook to do so via its Creator Bonus Program, which pays people who post viral content. This means that the viral “shrimp Jesus” AI and many of the bizarre things that have become a hallmark of Zombie Facebook have become popular because Meta is directly incentivizing people to post this content.  

One former Meta employee with direct knowledge of its content moderation and ad approval systems, who spoke on the condition of anonymity because they signed an NDA at Meta, told me that Facebook is often aware of these loopholes but layoffs have left its content moderation teams so spread thin that they cannot actually keep up with how quickly people are exploiting them.

Much like similar programs at TikTok and Twitter, Facebook’s Creator Bonus Program makes direct payments to people who successfully go viral on Meta platforms, and is meant to incentivize influencers and content creators to post high-quality content on Facebook, Instagram, and Threads. Meta’s bonus program is “invite only,” but countless of the instructional videos I saw show that consistent posting over time will eventually get an account or page invited to the program. 

“I would have to say Tolkien,” Vance said. “I’m a big Lord of the Rings guy, and I think, not realizing it at the time, but a lot of my conservative worldview was influenced by Tolkien growing up.” He added of Tolkien’s colleague: “Big fan of C.S. Lewis — really sort of like that era of English writers. I think they were really interesting. They were grappling, in part because of World War II, with just very big problems.”

In the books, the future of civilization rests on the search and eventual destruction of The One Ring. While Frodo and Gollum jostle over the singular ring, true fans know there are a total of 20 rings of power. Vance is apparently among those ranks, as the venture capital firm he founded in 2019 is named Narya, named after one of those other rings that Gandalf wears. Vance’s mentor Peter Thiel similarly named his company Palantir after the crystal ball used by Saruman in Lord of the Rings, and Vance has invested in the defense startup Anduril, named after Aragorn’s sword.

“By the time of the Lord of the Rings trilogy, Narya has been entrusted to Gandalf to resist the corrupting influence of evil, preserve the world from decay, and give strength to its wielder,”

“Gandalf, unlike the other great powers in Lord of the Rings, cared for the hobbits and other lowly people of Middle-Earth, and so it is unsurprising that Vance would see himself as a kind of Gandalf, caring for the forgotten people of his hometown, keeping a watchful eye on them against the corrupting effects of the world.”

Luke Burgis, author of a book about René Girard (another of Vance’s intellectual heroes) and Catholic University of America professor, said he suspects “Vance’s appreciation of Tolkien is not unrelated to his conversion to Catholicism in 2019. Of the many ways that Tolkien’s work exemplifies the Catholic imagination, one is the relationship between the visible and the invisible. I think it’s fair to say that Vance believes there is real spiritual evil in this world, and it can become embodied in rites and rituals.” (At a closed-door speech in September 2021, Vance said, “I believe the devil is real and that he works terrible things in our society.)

Vance likely took away from Tolkien “an apocalyptic frame of mind” Burgis told me, a final and all-encompassing battle between good and evil

The books have a definite anti-war streak. In the Two Towers, the second of the trilogy, Tolkien wrote: “War must be, while we defend our lives against a destroyer who would devour all; but I do not love the bright sword for its sharpness, nor the arrow for its swiftness, nor the warrior for his glory. I love only that which they defend.”

Vance has said his own time in the Marines deployed in Iraq was formative to his isolationist, dovish approach to foreign policy. “I served my country honorably, and I saw when I went to Iraq that I had been lied to,” Vance once recounted. “[I saw] that promises of the foreign policy establishment of this country were a complete joke.”

But his fandom also is in tension with some of Tolkien’s ideas about how nation-states should approach the outside world. The books are, in many ways, anti-isolationist. Frodo wants to ignore the ill tidings and stay home but eventually realizes that the Shire isn’t untouched by troubles elsewhere (like, say, NATO being pulled into defending Ukraine from Sauron Putin). In the end, Rohan, Gondor, the elves, ents and dwarves, all must band together and end their petty nationalist squabbles. Their lives are, they realize, interconnected.

Vance’s love of Lord of the Rings is of a piece with rightward nationalists abroad. Italy’s Giorgia Meloni used to cosplay as a hobbit. “I think that Tolkien could say better than us what conservatives believe in,” she has said, though unlike Vance she has supported aid to Ukraine.

Rick Santorum, the former senator and two-time GOP presidential candidate, is a fellow Tolkien-pilled Catholic but he has different takeaways from Vance.

“I’m a huge Tolkien fan,” he continued. “I’m also someone who believes that the message of Tolkien is that evil must be confronted. And so the idea is that well, we can wait until it comes to the Shire, but that is not a very good game plan. You gotta go to Mordor.”

All of this points to intellectual and spiritual tensions Vance still seems to be working out. “He’s been in office a year and a half. He’s never been greatly involved in politics before this,” Santorum said. “I suspect that this is one of the reasons Trump may have picked him: JD is a smart guy but is still a work in progress.”

Those close to Vance say he has been undergoing an awakening since he converted to Catholicism in 2019.

Conservative writer Rod Dreher, who Vance invited to his initiation to the faith in 2019 and was present for his first communion, told me that Vance “is thinking broadly about how all must join in the great struggle against darkness — there is no avoiding the struggle — and how God can use the humble and the lowborn to do great things.”

“Think about it: Who would have imagined that sad, scared little Ohio boy living in a wreck of a family would have come through it all, and risen to the gates of supreme political power? What might God be doing with him? J.D. Vance might be Frodo of the Hollers, a veritable hillbilly hobbit.”

For the fantasy of transcendence, of escape from connection with other lives, we are torching our life-support systems. We consent to the Earth-eating, soul-sucking mode of exploitation we call capitalism because we believe, quite wrongly, that we are all temporarily embarrassed millionaires. One day we too might live the affectless life of the ultra-rich.

Just as that boat owner scattered the dolphins, the very rich break up communities, deprive people of housing and threaten, ultimately, to drive us all out of the human climate niche – that is, the temperature range that enables us to flourish.

We should seek a wealth of community, of knowledge, of wonder, of life, of love: a wealth that does not impoverish others. We should seek not private luxury, but private sufficiency and public luxury.

Democracy, a fair distribution of resources, peace of mind and a habitable planet all depend on restraining the power of the very rich: their noise, their occupation of our common space, and their intrusion into all we hold dear.

What is A.I. even for?

“A.I. slop”: often uncanny, frequently misleading material, now flooding web browsers and social-media platforms like spam in old inboxes. Years deep into national hysteria over the threat of internet misinformation pushed on us by bad actors, we’ve sleepwalked into a new internet in which meaningless, nonfactual slop is casually mass-produced and force-fed to us by A.I.

It has already helped drive down the cost and drive up the performance of next-gen batteries and solar photovoltaic cells, whose performance can also be improved, even after the panels have been manufactured and installed on your roof, by as much as 25 percent

while the internet was never perfectly trustworthy, one epoch-defining breakthrough of Google was that it got us pretty close. Now the company’s chief executive acknowledges that hallucinations are “inherent” to the technology it has celebrated as a kind of successor for ranked-order search results, which are now often found far below not just the A.I. summary but a whole stack of “sponsored” results as well.

Where not long ago we used to find the very best results for Google searches, we can now find instead potentially plagiarized and often inaccurate paragraph summaries of answers to our queries

Machine learning may help make our electricity grid as much as 40 percent more efficient at delivering power as it is today, when many of its routing decisions are made by individual humans on the basis of experience and intuition

This month, KoBold Metals announced the largest discovery of new copper deposits in a decade — a green-energy gold mine, so to speak, delivered with the help of its own proprietary A.I., which integrated information about subatomic particles detected underground with century-old mining reports and radar imagery to make predictions about where minerals critical for the green transition might be found.

.I. is designing new proteins, rapidly accelerating drug discovery and speeding up clinical trials testing new medicines and therapies.

perhaps that a more optimistic perspective can be drawn by analogy to what economists call the “environmental Kuznets curve,” which suggests that, as nations develop, they tend to first pollute a lot more and then, over time, as they grow richer, they ultimately pollute less.

Even in describing regular old pollution, this framework has its shortcomings, especially because it treats as automatic eventual progress that has always required tooth-and-nail fights against some very stubborn bad actors

A.I. is generating an awful lot of genuine pollution, too — both Google and Microsoft, which each pledged in 2019 to reach zero emissions by 2030, have instead expanded their carbon footprints by nearly 50 percent in the interim.

Stock prices of its five biggest makers of panels and other equipment have halved in the past 12 months. Since late June, at least seven large Chinese manufacturers have warned that they will announce heavy losses for the first half of this year.

The turmoil in the solar energy sector amid enormous factory capacity and booming exports highlights how China’s industrial policymaking works. The government decided 15 years ago to put extensive support behind solar power, and then let the companies claw it out. Beijing has shown a high tolerance for letting firms stumble and even fail in large numbers.

Something similar is happening in the automotive sector. Annual car sales in China are around 25 million a year, more than any other country but barely half the country’s ability to make vehicles. So automakers in China are now following the solar industry’s lead in cutting prices sharply and ramping up exports.

China’s approach can lead to big financial losses for local governments, state investment funds and state-supported banks, all of which bankroll companies in favored industries.

Sunzone’s rivals, including Tongwei and Longi Green Energy Technology, gained formidable economies from large-scale production. They have plowed part of their extra revenue into developing solar panels that are increasingly efficient at converting sunlight into electricity.

The rise and fall of Hunan Sunzone Optoelectronics in Changsha, the capital of Hunan Province in south-central China, is a case study of how China’s policies work.

“It’s a very expensive development model, but it produces national champions quite reliably,” said David R. Hoffman, a senior adviser on China for the Conference Board, a global business group.

Despite the financial help, Sunzone’s factory now sits empty. A large “Sunzone” sign on the second floor rusts in the swampy heat of Changsha. The only person still working at the site on a recent afternoon, a security guard, said that manufacturing equipment was removed in January and the factory was set to be demolished and turned into office buildings.

Sunzone epitomizes how lavish lending from state-owned banks and generous local subsidies have produced manufacturing overcapacity. Solar companies cut costs and prices sharply to maintain market share. That led to a few low-cost survivors while many other competitors were driven out of business in China and around the world.

China’s banks, acting at Beijing’s direction, have lent so much money to the sector for factory construction that the country’s solar factory capacity is roughly double the entire world’s demand.

Started in 2008, the solar panel manufacturer benefited early on from practically every possible subsidy. It got 22 acres of prime downtown land in the heart of the city almost for free. One of China’s biggest state-owned banks arranged a loan at a low interest rate. The Hunan provincial government then agreed to pay most of the interest.

Many other factories, like Sunzone’s, quickly become obsolete.

“Enterprises continue to put advanced production capacity into operation to maintain competitiveness” said Zhang Jianhua, director of China’s National Energy Administration, at a news conference last month. “At the same time, the outdated production capacity is still extensive and needs to be gradually phased out.”

Compounding the problems facing China’s solar energy companies is the rapid disappearance of local subsidies. Local governments are running out of money as a housing crisis makes it hard for them to sell long-term leases on state land to real estate developers — previously their biggest source of cash.

Partly because of worries about Chinese subsidies, President Biden last month allowed steep tariffs that had expired to go back into force on solar products imported from Southeast Asia that use lots of Chinese components. And the Department of Commerce has begun trade cases against imported solar panels that could lead to further tariffs.

In fact, the news from Wall Street lately has mostly been about retreat from climate goals, rather than recommitment. Banks and asset managers are withdrawing from international climate alliances and chafing at their rules. Regional banks are stepping up lending to fossil fuel producers. Sustainable investment funds have sustained crippling outflows, and many have collapsed.

In some cases, it’s a classic prisoner’s dilemma: If firms collectively shift to cleaner energy, a cooler climate benefits everyone more in the future

in the short term, each firm has an individual incentive to cash in on fossil fuels, making the transition much harder to achieve.

when it comes to avoiding climate damage to their own operations, the financial industry is genuinely struggling to comprehend what a warming future will mean.

A global compact of financial institutions made commitments worth $130 trillion to try to bring down emissions, confident that governments would create a regulatory and financial infrastructure to make those investments profitable. And in 2022, the Inflation Reduction Act passed.

What about the risk that climate change poses to the financial industry’s own investments, through more powerful hurricanes, heat waves that knock out power grids, wildfires that wipe out towns?

“If we think about what is going to be the best way to tilt your portfolios in the direction to benefit, it’s really difficult to do,”

“These will probably be great investments over 20 years, but when we’re judged over one to three years, it’s a little more challenging for us.”

Some firms cater to institutional clients, like public employee pension funds, that want combating climate change to be part of their investment strategy and are willing to take a short-term hit. But they aren’t a majority

And over the past couple of years, many banks and asset managers have shrunk from anything with a climate label for fear of losing business from states that frown on such concerns.

On top of that, the war in Ukraine scrambled the financial case for backing a rapid energy transition. Artificial intelligence and the movement toward greater electrification are adding demand for power, and renewables haven’t kept up

All of that is about the relative appeal of investments that would slow climate change

If you bought some of the largest solar-energy exchange-traded funds in early 2023, you would have lost about 20 percent of your money, while the rest of the stock market soared.

There is evidence that banks and investors price in some physical risk, but also that much of it still lurks, unheeded.

“I’m very, very worried about this, because insurance markets are this opaque weak link,” Dr. Sastry said. “There are parallels to some of the complex linkages that happened in 2008, where there is a weak and unregulated market that spills over to the banking system.”

Regulators worry that failing to understand those ripple effects could not just put a single bank in trouble but even become a contagion that would undermine the financial system.

But while the European Central Bank has made climate risk a consideration in its policy and oversight, the Federal Reserve has resisted taking a more active role, despite indications that extreme weather is feeding inflation and that high interest rates are slowing the transition to clean energy.

“The argument has been, ‘Unless we can convincingly show it’s part of our mandate, Congress should deal with it, it’s none of our business,’”

a much nearer-term uncertainty looms: the outcome of the U.S. election, which could determine whether further action is taken to address climate concerns or existing efforts are rolled back. An aggressive climate strategy might not fare as well during a second Trump administration, so it may seem wise to wait and see how it shakes out.

big companies are hesitating on climate-sensitive investments as November approaches, but says that “two things are misguided and quite dangerous about that hypothesis.”

One: States like California are establishing stricter rules for carbon-related financial disclosures and may step it up further if Republicans win

And two: Europe is phasing in a “carbon border adjustment mechanism,” which will punish polluting companies that want to do business there.

at the moment, even European financial institutions feel pressure from the United States, which — while providing some of the most generous subsidies so far for renewable-energy investment — has not imposed a price on carbon.

The global insurance company Allianz has set out a plan to align its investments in a way that would prevent warming above 1.5 degrees Celsius by the end of the century, if everyone else did the same. But it’s difficult to steer a portfolio to climate-friendly assets while other funds take on polluting companies and reap short-term profits for impatient clients.

“This is the main challenge for an asset manager, to really bring the customer along,” said Markus Zimmer, an Allianz economist. Asset managers don’t have sufficient tools on their own to move money out of polluting investments and into clean ones, if they want to stay in business,

“Of course it helps if the financial industry is somehow ambitious, but you cannot really substitute the lack of actions by policymakers,”

According to new research, the benefit is greater when decarbonization occurs faster, because the risks of extreme damage mount as time goes on. But without a uniform set of rules, someone is bound to scoop up the immediate profits, disadvantaging those that don’t — and the longer-term outcome is adverse for all.

As a young State Department policy planner in the 2000s, she was a lonely voice in Washington raising the alarm about the rise of China. She pushed for tariffs and against trade agreements before it was cool, and was an author of a book called “War by Other Means” about how blind faith in free markets put the United States at a geopolitical disadvantage. For years, she felt like an oddball in Washington, where both parties were still in thrall to neoliberalism.

The Hewlett Foundation hired her as the head of an initiative that has given away $140 million so far to people who are devising a new economic philosophy. Then she served a stint in the White House. Today, she’s an intellectual leader of a growing, bipartisan consensus

She fell in love with economics and studied it at Wake Forest. After she joined a student delegation to a NATO summit in Prague in 2002, a faculty adviser on that trip offered her a job in Washington working at the National Intelligence Council. In those early years, she believed what everyone else in Washington believed about the economy — that governments ought not meddle with it.

if Mr. Trump correctly identified a problem — “China is eating our lunch” — he did not solve it, beyond putting tariffs on Chinese products. His tax cut for the rich hurt rather than helped matters.

It’s the Biden administration that came in with a plan to build an economy that was good for workers, not just shareholders, using some strategies Ms. Harris had been talking about for years.

The thinking behind it goes like this: Unquestioning belief in the free market created a globalism that funneled money to the 1 percent, which has used its wealth to amass political power at the expense of everyone else. It produced free trade agreements that sent too many U.S. factories to China and rescue plans after the 2008 financial crisis that bailed out Wall Street instead of Main Street.

It was her job to track China’s use of subsidies, industrial espionage and currency manipulation to fuel its rise as a manufacturing powerhouse. Ms. Harris argued that tariffs on China were a necessary defense. Nobody agreed. “I was kind of just banging my head against this wall,” she told me. “The wall was a foreign policy establishment that saw markets as sacrosanct.”

Barack Obama campaigned on a pledge to renegotiate NAFTA, but he struck up a new trade deal instead — the Trans-Pacific Partnership. Ms. Harris argued against it. “We didn’t have the foggiest idea” of what it would do to our economy, she told me. Nobody listened.

it sent Democrats back to the intellectual drawing board. Larry Kramer, then the president of the Hewlett Foundation, recruited her in 2018 to promote alternatives to ideas that had guided U.S. policy for decades. He hoped she could do for free-market skepticism what Milton Friedman and his allies had done for free-market fundamentalism, which became policy under the Reagan administration and eventually was embraced by both parties as truth.

She has since rejoined the Hewlett Foundation, where she funds people who are proposing new solutions to economic problems. One grantee, the conservative think tank American Compass, promotes the idea of a domestic development bank to fund infrastructure — an idea with bipartisan appeal.

But the work that Ms. Harris and others in the Biden administration have done is unfinished, and poorly understood. The terms “Bidenomics” and “Build Back Better” don’t seem to resonate

Ms. Harris acknowledges that these ideas haven’t yet taken hold in the broader electorate, and that high interest rates overshadow the progress that’s been made. It’s too early for voters to feel it, she told me: “The investments Biden has pushed through aren’t going to be felt in a month, a year, two years.”

she celebrates the fact that leaders across the political spectrum are embracing the idea that Americans need to “get back to building things in this country.” This election has no candidates blindly promoting the free market. The last one didn’t either. In the battle of ideas, she has already won.

Dr. Shi’s group was fascinated by how coronaviruses jump from species to species. To find viruses, they took samples from bats and other animals, as well as from sick people living near animals carrying these viruses or associated with the wildlife trade. Much of this work was conducted in partnership with the EcoHealth Alliance, a U.S.-based scientific organization that, since 2002, has been awarded over $80 million in federal funding to research the risks of emerging infectious diseases.

Their research showed that the viruses most similar to SARS‑CoV‑2, the virus that caused the pandemic, circulate in bats that live roughly 1,000 miles away from Wuhan. Scientists from Dr. Shi’s team traveled repeatedly to Yunnan province to collect these viruses and had expanded their search to Southeast Asia. Bats in other parts of China have not been found to carry viruses that are as closely related to SARS-CoV-2.

When the Covid-19 outbreak was detected, Dr. Shi initially wondered if the novel coronavirus had come from her laboratory, saying she had never expected such an outbreak to occur in Wuhan.

The SARS‑CoV‑2 virus is exceptionally contagious and can jump from species to species like wildfire. Yet it left no known trace of infection at its source or anywhere along what would have been a thousand-mile journey before emerging in Wuhan.

The year before the outbreak, the Wuhan institute, working with U.S. partners, had proposed creating viruses with SARS‑CoV‑2’s defining feature

The laboratory pursued risky research that resulted in viruses becoming more infectious: Coronaviruses were grown from samples from infected animals and genetically reconstructed and recombined to create new viruses unknown in nature. These new viruses were passed through cells from bats, pigs, primates and humans and were used to infect civets and humanized mice (mice modified with human genes). In essence, this process forced these viruses to adapt to new host species, and the viruses with mutations that allowed them to thrive emerged as victors.

Worse still, as the pandemic raged, their American collaborators failed to publicly reveal the existence of the Defuse proposal. The president of EcoHealth, Peter Daszak, recently admitted to Congress that he doesn’t know about virus samples collected by the Wuhan institute after 2015 and never asked the lab’s scientists if they had started the work described in Defuse.

By 2019, Dr. Shi’s group had published a database describing more than 22,000 collected wildlife samples. But external access was shut off in the fall of 2019, and the database was not shared with American collaborators even after the pandemic started, when such a rich virus collection would have been most useful in tracking the origin of SARS‑CoV‑2. It remains unclear whether the Wuhan institute possessed a precursor of the pandemic virus.

In 2021, The Intercept published a leaked 2018 grant proposal for a research project named Defuse, which had been written as a collaboration between EcoHealth, the Wuhan institute and Ralph Baric at the University of North Carolina, who had been on the cutting edge of coronavirus research for years. The proposal described plans to create viruses strikingly similar to SARS‑CoV‑2.

Coronaviruses bear their name because their surface is studded with protein spikes, like a spiky crown, which they use to enter animal cells. The Defuse project proposed to search for and create SARS-like viruses carrying spikes with a unique feature: a furin cleavage site — the same feature that enhances SARS‑CoV‑2’s infectiousness in humans, making it capable of causing a pandemic. Defuse was never funded by the United States.

owever, in his testimony on Monday, Dr. Fauci explained that the Wuhan institute would not need to rely on U.S. funding to pursue research independently.

While it’s possible that the furin cleavage site could have evolved naturally (as seen in some distantly related coronaviruses), out of the hundreds of SARS-like viruses cataloged by scientists, SARS‑CoV‑2 is the only one known to possess a furin cleavage site in its spike. And the genetic data suggest that the virus had only recently gained the furin cleavage site before it started the pandemic.

Ultimately, a never-before-seen SARS-like virus with a newly introduced furin cleavage site, matching the description in the Wuhan institute’s Defuse proposal, caused an outbreak in Wuhan less than two years after the proposal was drafted.

When the Wuhan scientists published their seminal paper about Covid-19 as the pandemic roared to life in 2020, they did not mention the virus’s furin cleavage site — a feature they should have been on the lookout for, according to their own grant proposal, and a feature quickly recognized by other scientists.

At the Wuhan Institute of Virology, a team of scientists had been hunting for SARS-like viruses for over a decade, led by Shi Zhengl

In May, citing failures in EcoHealth’s monitoring of risky experiments conducted at the Wuhan lab, the Biden administration suspended all federal funding for the organization and Dr. Daszak, and initiated proceedings to bar them from receiving future grants. In his testimony on Monday, Dr. Fauci said that he supported the decision to suspend and bar EcoHealth.

Separately, Dr. Baric described the competitive dynamic between his research group and the institute when he told Congress that the Wuhan scientists would probably not have shared their most interesting newly discovered viruses with him. Documents and email correspondence between the institute and Dr. Baric are still being withheld from the public while their release is fiercely contested in litigation.

In the end, American partners very likely knew of only a fraction of the research done in Wuhan. According to U.S. intelligence sources, some of the institute’s virus research was classified or conducted with or on behalf of the Chinese military.

In the congressional hearing on Monday, Dr. Fauci repeatedly acknowledged the lack of visibility into experiments conducted at the Wuhan institute, saying, “None of us can know everything that’s going on in China, or in Wuhan, or what have you. And that’s the reason why — I say today, and I’ve said at the T.I.,” referring to his transcribed interview with the subcommittee, “I keep an open mind as to what the origin is.”

The Wuhan lab pursued this type of work under low biosafety conditions that could not have contained an airborne virus as infectious as SARS‑CoV‑2.

Labs working with live viruses generally operate at one of four biosafety levels (known in ascending order of stringency as BSL-1, 2, 3 and 4) that describe the work practices that are considered sufficiently safe depending on the characteristics of each pathogen. The Wuhan institute’s scientists worked with SARS-like viruses under inappropriately low biosafety conditions.

​​Biosafety levels are not internationally standardized, and some countries use more permissive protocols than others.

In one experiment, Dr. Shi’s group genetically engineered an unexpectedly deadly SARS-like virus (not closely related to SARS‑CoV‑2) that exhibited a 10,000-fold increase in the quantity of virus in the lungs and brains of humanized mice. Wuhan institute scientists handled these live viruses at low biosafety levels, including BSL-2.

Even the much more stringent containment at BSL-3 cannot fully prevent SARS‑CoV‑2 from escaping. Two years into the pandemic, the virus infected a scientist in a BSL-3 laboratory in Taiwan, which was, at the time, a zero-Covid country. The scientist had been vaccinated and was tested only after losing the sense of smell. By then, more than 100 close contacts had been exposed. Human error is a source of exposure even at the highest biosafety levels, and the risks are much greater for scientists working with infectious pathogens at low biosafety.

An early draft of the Defuse proposal stated that the Wuhan lab would do their virus work at BSL-2 to make it “highly cost-effective.” Dr. Baric added a note to the draft highlighting the importance of using BSL-3 to contain SARS-like viruses that could infect human cells, writing that “U.S. researchers will likely freak out.”

Years later, after SARS‑CoV‑2 had killed millions, Dr. Baric wrote to Dr. Daszak: “I have no doubt that they followed state determined rules and did the work under BSL-2. Yes China has the right to set their own policy. You believe this was appropriate containment if you want but don’t expect me to believe it. Moreover, don’t insult my intelligence by trying to feed me this load of BS.”

SARS‑CoV‑2 is a stealthy virus that transmits effectively through the air, causes a range of symptoms similar to those of other common respiratory diseases and can be spread by infected people before symptoms even appear. If the virus had escaped from a BSL-2 laboratory in 2019, the leak most likely would have gone undetected until too late.

One alarming detail — leaked to The Wall Street Journal and confirmed by current and former U.S. government officials — is that scientists on Dr. Shi’s team fell ill with Covid-like symptoms in the fall of 2019. One of the scientists had been named in the Defuse proposal as the person in charge of virus discovery work. The scientists denied having been sick.

The hypothesis that Covid-19 came from an animal at the Huanan Seafood Market in Wuhan is not supported by strong evidence.

In December 2019, Chinese investigators assumed the outbreak had started at a centrally located market frequented by thousands of visitors daily. This bias in their search for early cases meant that cases unlinked to or located far away from the market would very likely have been missed

To make things worse, the Chinese authorities blocked the reporting of early cases not linked to the market and, claiming biosafety precautions, ordered the destruction of patient samples on January 3, 2020, making it nearly impossible to see the complete picture of the earliest Covid-19 cases. Information about dozens of early cases from November and December 2019 remains inaccessible.

A pair of papers published in Science in 2022 made the best case for SARS‑CoV‑2 having emerged naturally from human-animal contact at the Wuhan market by focusing on a map of the early cases and asserting that the virus had jumped from animals into humans twice at the market in 2019

More recently, the two papers have been countered by other virologists and scientists who convincingly demonstrate that the available market evidence does not distinguish between a human superspreader event and a natural spillover at the market.

Furthermore, the existing genetic and early case data show that all known Covid-19 cases probably stem from a single introduction of SARS‑CoV‑2 into people, and the outbreak at the Wuhan market probably happened after the virus had already been circulating in humans.

Not a single infected animal has ever been confirmed at the market or in its supply chain. Without good evidence that the pandemic started at the Huanan Seafood Market, the fact that the virus emerged in Wuhan points squarely at its unique SARS-like virus laboratory.

With today’s technology, scientists can detect how respiratory viruses — including SARS, MERS and the flu — circulate in animals while making repeated attempts to jump across species. Thankfully, these variants usually fail to transmit well after crossing over to a new species and tend to die off after a small number of infections

investigators have not reported finding any animals infected with SARS‑CoV‑2 that had not been infected by humans. Yet, infected animal sources and other connective pieces of evidence were found for the earlier SARS and MERS outbreaks as quickly as within a few days, despite the less advanced viral forensic technologies of two decades ago.

Even though Wuhan is the home base of virus hunters with world-leading expertise in tracking novel SARS-like viruses, investigators have either failed to collect or report key evidence that would be expected if Covid-19 emerged from the wildlife trade. For example, investigators have not determined that the earliest known cases had exposure to intermediate host animals before falling ill.

No antibody evidence shows that animal traders in Wuhan are regularly exposed to SARS-like viruses, as would be expected in such situations.

In previous outbreaks of coronaviruses, scientists were able to demonstrate natural origin by collecting multiple pieces of evidence linking infected humans to infected animals

In contrast, virologists and other scientists agree that SARS‑CoV‑2 required little to no adaptation to spread rapidly in humans and other animals. The virus appears to have succeeded in causing a pandemic upon its only detected jump into humans.

it was a SARS-like coronavirus with a unique furin cleavage site that emerged in Wuhan, less than two years after scientists, sometimes working under inadequate biosafety conditions, proposed collecting and creating viruses of that same design.

a laboratory accident is the most parsimonious explanation of how the pandemic began.

Given what we now know, investigators should follow their strongest leads and subpoena all exchanges between the Wuhan scientists and their international partners, including unpublished research proposals, manuscripts, data and commercial orders. In particular, exchanges from 2018 and 2019 — the critical two years before the emergence of Covid-19 — are very likely to be illuminating (and require no cooperation from the Chinese government to acquire), yet they remain beyond the public’s view more than four years after the pandemic began.

it is undeniable that U.S. federal funding helped to build an unprecedented collection of SARS-like viruses at the Wuhan institute, as well as contributing to research that enhanced them.

Advocates and funders of the institute’s research, including Dr. Fauci, should cooperate with the investigation to help identify and close the loopholes that allowed such dangerous work to occur. The world must not continue to bear the intolerable risks of research with the potential to cause pandemics.

A successful investigation of the pandemic’s root cause would have the power to break a decades-long scientific impasse on pathogen research safety, determining how governments will spend billions of dollars to prevent future pandemics. A credible investigation would also deter future acts of negligence and deceit by demonstrating that it is indeed possible to be held accountable for causing a viral pandemic

Last but not least, people of all nations need to see their leaders — and especially, their scientists — heading the charge to find out what caused this world-shaking event. Restoring public trust in science and government leadership requires it.

AIs like ChatGPT rapidly got better in their early days, but what we’ve seen in the past 14-and-a-half months are only incremental gains, says Marcus. “The truth is, the core capabilities of these systems have either reached a plateau, or at least have slowed down in their improvement,” he adds.

the gaps between the performance of various AI models are closing. All of the best proprietary AI models are converging on about the same scores on tests of their abilities, and even free, open-source models, like those from Meta and Mistral, are catching up.

AI could become a commodity

A mature technology is one where everyone knows how to build it. Absent profound breakthroughs—which become exceedingly rare—no one has an edge in performance

companies look for efficiencies, and whoever is winning shifts from who is in the lead to who can cut costs to the bone. The last major technology this happened with was electric vehicles, and now it appears to be happening to AI.

the future for AI startups—like OpenAI and Anthropic—could be dim.

Microsoft and Google will be able to entice enough users to make their AI investments worthwhile, doing so will require spending vast amounts of money over a long period of time, leaving even the best-funded AI startups—with their comparatively paltry warchests—unable to compete.

Many other AI startups, even well-funded ones, are apparently in talks to sell themselves.

That difference is alarming, but what really matters to the long-term health of the industry is how much it costs to run AIs. 

the bottom line is that for a popular service that relies on generative AI, the costs of running it far exceed the already eye-watering cost of training it.

Changing people’s mindsets and habits will be among the biggest barriers to swift adoption of AI. That is a remarkably consistent pattern across the rollout of all new technologies.

That’s because AI has to think anew every single time something is asked of it, and the resources that AI uses when it generates an answer are far larger than what it takes to, say, return a conventional search result

For an almost entirely ad-supported company like Google, which is now offering AI-generated summaries across billions of search results, analysts believe delivering AI answers on those searches will eat into the company’s margins

Google, Microsoft and others said their revenue from cloud services went up, which they attributed in part to those services powering other company’s AIs. But sustaining that revenue depends on other companies and startups getting enough value out of AI to justify continuing to fork over billions of dollars to train and run those systems

three in four white-collar workers now use AI at work. Another survey, from corporate expense-management and tracking company Ramp, shows about a third of companies pay for at least one AI tool, up from 21% a year ago.

OpenAI doesn’t disclose its annual revenue, but the Financial Times reported in December that it was at least $2 billion, and that the company thought it could double that amount by 2025. 

That is still a far cry from the revenue needed to justify OpenAI’s now nearly $90 billion valuation

the company excels at generating interest and attention, but it’s unclear how many of those users will stick around. 

AI isn’t nearly the productivity booster it has been touted as

While these systems can help some people do their jobs, they can’t actually replace them. This means they are unlikely to help companies save on payroll. He compares it to the way that self-driving trucks have been slow to arrive, in part because it turns out that driving a truck is just one part of a truck driver’s job.

Add in the myriad challenges of using AI at work. For example, AIs still make up fake information,

getting the most out of open-ended chatbots isn’t intuitive, and workers will need significant training and time to adjust.

the industry spent $50 billion on chips from Nvidia to train AI in 2023, but brought in only $3 billion in revenue.

None of this is to say that today’s AI won’t, in the long run, transform all sorts of jobs and industries. The problem is that the current level of investment—in startups and by big companies—seems to be predicated on the idea that AI is going to get so much better, so fast, and be adopted so quickly that its impact on our lives and the economy is hard to comprehend. 

Mounting evidence suggests that won’t be the case.

“Over 80 technical papers published since January 2022,” LeCun responded. “What about you?”

To which Musk posted: “That’s nothing, you’re going soft. Try harder!

At stake are the hearts and minds of AI experts—academic and otherwise—needed to usher in the technology

“Join xAI,” LeCun wrote, “if you can stand a boss who:– claims that what you are working on will be solved next year (no pressure).– claims that what you are working on will kill everyone and must be stopped or paused (yay, vacation for 6 months!).– claims to want a ‘maximally rigorous pursuit of the truth’ but spews crazy-ass conspiracy theories on his own social platform.”

After pushback, he later clarified in another post: “What I *AM* saying is that science progresses through the collision of ideas, verification, analysis, reproduction, and improvements. If you don’t publish your research *in some way* your research will likely have no impact.”

For an academic such as LeCun, published research, whether peer-reviewed or not, allowed ideas to flourish and reputations to be built, which in turn helped build stars in the system.

LeCun has been at Meta since 2013 while serving as an NYU professor since 2003. His tweets suggest he subscribes to the philosophy that one’s work needs to be published—put through the rigors of being shown to be correct and reproducible—to really be considered science. 

“If you do research and don’t publish, it’s not Science,” he posted in a lengthy tweet Tuesday rebutting Musk. “If you never published your research but somehow developed it into a product, you might die rich,” he concluded. “But you’ll still be a bit bitter and largely forgotten.” 

Some read Musk’s “science” dig as dismissing the role research has played for a generation of AI experts. For years, the Metas and Googles of the world have hired the top minds in AI from universities, indulging their desires to keep a foot in both worlds by allowing them to release their research publicly, while also trying to deploy products. 

The spat inspired debate throughout the scientific community. “What is science?” Nature, a scientific journal, asked in a headline about the dust-up.

Others, such as Palmer Luckey, a former Facebook executive and founder of Anduril Industries, a defense startup, took issue with LeCun’s definition of science. “The extreme arrogance and elitism is what people have a problem with,” he tweeted.

For Musk, who prides himself on his physics-based viewpoint and likes to tout how he once aspired to work at a particle accelerator in pursuit of the universe’s big questions, LeCun’s definition of science might sound too ivory-tower. 

Musk has blamed universities for helping promote what he sees as overly liberal thinking and other symptoms of what he calls the Woke Mind Virus. 

Over the years, an appeal of working for Musk has been the impression that his companies move quickly, filled with engineers attracted to tackling hard problems and seeing their ideas put into practice.

“I’ve teamed up with Elon to see if we can actually apply these new technologies to really make a dent in our understanding of the universe,” Igor Babuschkin, an AI expert who worked at OpenAI and Google’s DeepMind, said last year as part of announcing xAI’s mission. 

The creation of xAI quickly sent ripples through the AI labor market, with one rival complaining it was hard to compete for potential candidates attracted to Musk and his reputation for creating value

that was before xAI’s latest round raised billions of dollars, putting its valuation at $24 billion, kicking off a new recruiting drive. 

It was already a seller’s market for AI talent, with estimates that there might be only a couple hundred people out there qualified to deal with certain pressing challenges in the industry and that top candidates can easily earn compensation packages worth $1 million or more

Since the launch, Musk has been quick to criticize competitors for what he perceived as liberal biases in rival AI chatbots. His pitch of xAI being the anti-woke bastion seems to have worked to attract some like-minded engineers.

As for Musk’s final response to LeCun’s defense of research, he posted a meme featuring Pepé Le Pew that read: “my honest reaction.”

Those are revolutionary aspirations in that they reject not a policy consensus, but social and governing compacts that date to the Founding. (Or at least the end of the Civil War.)

Most revolutions are borne of dissatisfaction.

The Trumpian revolution, on the other hand, seems to be the product of decadent boredom commingled with casual nihilism.

Circumstances for our revolutionaries have never been better. They are so flush that they parade on their boats. And fly upside-down flags outside of their million-dollar suburban homes. And put stickers depicting a hogtied president on their $75,000 pickup trucks. All while posting angry memes to Facebook on their $1,000 iPhones.

Unlike normal revolutionaries, the Trumpist revolutionaries risk nothing. If their gambit succeeds, then they overturn the Constitutional order. And if it fails? They go back to their boats, and trucks, and good-paying jobs, and iPhones.

What’s more, this revolution has discovered that it gets as many bites at the apple as it likes. All defeats and setback are temporary. The movement lives to fight again. They can lose a dozen times—they only have to win once more.

Trumpist revolutionaries get to tell themselves that they are part of a historic, final battle—but also that if they lose, they get to keep their normal, pampered lives. And four years from now they can try again.

In sum: While the revolutionaries get to have their glamorous Götterdämmerung, over and over, the forces of the status quo have to defend against wave after wave of challenges. And it doesn’t matter how many authoritarian attempts are beaten back. There’s always another one looming.That is why you’re exhausted.

let’s be honest about human nature: Breaking things is fun. Especially when you don’t experience any consequences. But running around putting out fires, and cleaning up broken glass, and asking people to stop breaking things? That is not fun. It is enervating.

So while the revolutionary feels like a hero, you feel like a scold.

To paraphrase Mr. Cobb, once an idea has taken hold in society, it’s almost impossible to eradicate.

the Trumpist revolution’s weakness is that it has no ideas. It has goals, but these are motivated by nothing more than will-to-power. There is no logic—not even a faulty logic—behind them.7

How do we fight the exhaustion?First, we try to have some fun while we are scolding the twits and defending the imperfect status quo.Second, we remain fearless about the fight and clear eyed about reality.

Third, we organize and build communities to rally normal people to the cause of democracy.

This is exactly how Democrats should have behaved after the debate between Trump and Joe Biden. In the weeks leading up to their convention next month, this is precisely what they should be doing now

That willingness is not reassuring. For example, it is not far-fetched to imagine insurers wanting to get their hands on this type of medical information in order to hike premiums. Data brokers of all kinds will be similarly keen to obtain people’s real-time health-chat records. Altman made a point to say that this theoretical product would not trick people into sharing information.

. Neither Altman nor Huffington had an answer to my most basic question—What would the product actually look like? Would it be a smartwatch app, a chatbot? A Siri-like audio assistant?—but Huffington suggested that Thrive’s AI platform would be “available through every possible mode,” that “it could be through your workplace, like Microsoft Teams or Slack.

This led me to propose a hypothetical scenario in which a company collects this information and stores it inappropriately or uses it against employees. What safeguards might the company apply then? Altman’s rebuttal was philosophical. “Maybe society will decide there’s some version of AI privilege,” he said. “When you talk to a doctor or a lawyer, there’s medical privileges, legal privileges. There’s no current concept of that when you talk to an AI, but maybe there should be.”

So much seems to come down to: How much do you want to believe in a future mediated by intelligent machines that act like humans? And: Do you trust these people?

A fundamental question has loomed over the world of AI since the concept cohered in the 1950s: How do you talk about a technology whose most consequential effects are always just on the horizon, never in the present? Whatever is built today is judged partially on its own merits, but also—perhaps even more important—on what it might presage about what is coming next.

the models “just want to learn”—a quote attributed to the OpenAI co-founder Ilya Sutskever that means, essentially, that if you throw enough money, computing power, and raw data into these networks, the models will become capable of making ever more impressive inferences. True believers argue that this is a path toward creating actual intelligence (many others strongly disagree). In this framework, the AI people become something like evangelists for a technology rooted in faith: Judge us not by what you see, but by what we imagine.

I found it outlandish to invoke America’s expensive, inequitable, and inarguably broken health-care infrastructure when hyping a for-profit product that is so nonexistent that its founders could not tell me whether it would be an app or not.

Thrive AI Health is profoundly emblematic of this AI moment precisely because it is nothing, yet it demands that we entertain it as something profound.

you don’t have to get apocalyptic to see the way that AI’s potential is always muddying people’s ability to evaluate its present. For the past two years, shortcomings in generative-AI products—hallucinations; slow, wonky interfaces; stilted prose; images that showed too many teeth or couldn’t render fingers; chatbots going rogue—have been dismissed by AI companies as kinks that will eventually be worked out

Faith is not a bad thing. We need faith as a powerful motivating force for progress and a way to expand our vision of what is possible. But faith, in the wrong context, is dangerous, especially when it is blind. An industry powered by blind faith seems particularly troubling.

The greatest trick of a faith-based industry is that it effortlessly and constantly moves the goal posts, resisting evaluation and sidestepping criticism. The promise of something glorious, just out of reach, continues to string unwitting people along. All while half-baked visions promise salvation that may never come.

A lot of the news, however, is bad.

The bad news includes examples of people who reacted to Saturday’s events by glorifying violence, or by mocking its victims

The abject tactical failures of the Secret Service pose structural questions that urgently need to be answered.

The first conspiracies came from Trump’s detractors. As soon as the first pictures of his injury emerged, some influential Democratic activists and advisors suggested that this was a false flag operation, designed to strengthen his appeal.

Biden has, for example, repeatedly claimed that he decided to enter the 2020 presidential race after hearing Trump referring to the neo-Nazis and white supremacists who assembled for a deadly rally in Charlottesville in 2017 as “very fine people.” But while Trump was characteristically meandering and irresponsible in his remarks after that rally, he explicitly stated that “I'm not talking about the neo-Nazis and the white nationalists, because they should be condemned totally.”

Parts of the left have justified some forms of violence in the last years. Movements like Antifa explicitly glorify political violence, reserving for themselves both the right to take action against anyone they consider fascist, and the right to determine who should be included in that category

All of this is shameful. It must be called out and condemned without hedging or special pleading. But it also shouldn’t be inflated to imply that the Democratic establishment or the mainstream media has in general started to glorify violence.

Conversely, there is no doubt that parts of the Republican Party and the conservative movement have glorified political violence in the last years.

All of this is shameful, all the more so for coming from the most senior officials within the Republican Party. All of this must be called out and condemned without hedging or special pleading, something that the conservative media ecosystem have notably failed to do.

no excuse for overstating the extent to which the other side embraces political violence. And that is something that the most senior Democrats, from Joe Biden on down, have consistently done.

But the extent of conspiracism was much worse on the right.

he question of the day has come to be whether it is appropriate to portray Trump as an existential threat to democracy.

If it was appropriate to resist Hitler by violent means, and Trump is his modern-day equivalent, then (so goes the tacit implication of the New Republic’s cover), why shouldn’t it be legitimate to resist Trump by violent means?

Depressingly often, in American politics, both sides are badly wrong. In this particular case, it seems to me that both sides are mostly right.

It is perfectly appropriate—even in the aftermath of Saturday’s unconscionable attack on Trump—to warn about what his presidency may mean for America’s democracy. But there is never an excuse—even and especially when the stakes are truly high—for fear-mongering that distorts the exact nature of that threat.

if moments of tragedy and upheaval reveal the true state of a country, the first draft of America’s report card puts it in danger of failing. Most Americans continue to abhor violence. Our mutual hatred still knows limits. And yet the mix of institutional failure, conspiracist thinking, and partisan fear-mongering is very potent. The risk that it may yet set in motion dynamics which overwhelm the decent instincts of most ordinary Americans remains very real

As a history teacher in a large, diverse suburban high school, I have spent more and more time in recent years trying (with mixed results) to "win back" white boys falling down dark internet rabbit holes of racist, Islamophobic and antisemitic conspiracy theories, misogyny, etc. Most of these boys of course do not end up as shooters (when I suspect that might be the case I go right to administration), but they do end up holding horrifying views that bode ill for the future of our polity.

What defies the typical "shooter" stereotype among most in this larger universe of white boys getting radicalized online is that most, though not all, of the latter (in my experience) are among my most intellectually curious, thoughtful and sensitive students. But, to use Professor Henderson's phraseology, they are not "alphas." Some have friends, even girlfriends, but none of them are part of the "popular" crowd. They are bright, but not "good at school" like the students who end up in your Ivy League courses. At 15 or 16 or 17, they feel (correctly) that they have something to offer the world, but feel they have been locked out of all the paths to success in their narrow world: They'll never be star athletes, or valedictorian, or one of the popular kids.

They feel like the message we as a society (schools, YA literature, "mainstream media") are sending them is that "You are privileged; you are the oppressor, you are the cause and beneficiary of all the world's injustices." The complexities of graduate level political theory are generally lost on a teenage boy who feels like the whole world is against him. The irony is these are the boys who actually care about issues of justice. The quarterback and the debate champion don't care if you throw their privilege in their face. They know their worth and are too busy to care.

I am sharing this comment not so much to identify what motivates shooters - I have no expertise in criminal pathology - but more in terms of the educational vacuum creating a generation of disaffected young men open to believe conspiracy theories because we are no longer offering them an alternative narrative of Americanism that speak to them as powerfully as those of the conspiracy theorists, the White Nationalists, and the miraculously save man who will be their retribution.

MAGA has replaced Reaganism as the chief operating system of the Republican Party.

If Democrats hope to win in the near future they have to take the MAGA worldview seriously, and respectfully make the case, especially to working-class voters, for something better.

In a volatile world, MAGA offers people security. It promises secure borders and secure neighborhoods. It offers protection from globalization, from the creative destruction of modern capitalism. It offers protection from an educated class that looks down on you and indoctrinates your children in school. It offers you protection from corporate predators.

the problem with MAGA — and here is where the Democratic opportunity lies — is that it emerges from a mode of consciousness that is very different from the traditional American consciousness.

we saw ourselves, as the dynamic nation par excellence. We didn’t have a common past, but we dreamed of a common futur

“the Spirit of America is best known in Europe by one of its qualities — energy.”

Americans have a zeal for continual self-improvement, a “need tirelessly to tinker, improve everything and everybody, never leave anything alone.”

Americans can’t be secure if the world is in flames. That’s why America has to be active abroad in places like Ukraine, keeping wolves like Vladimir Putin at bay.

Through most of our history, we were not known for our profundity or culture but for living at full throttle.

MAGA, on the other hand, emerges from a scarcity consciousness, a zero-sum mentality: If we let in tons of immigrants they will take all our jobs; if America gets browner, “they” will replace “us.”

MAGA is based on a series of victim stories: The elites are out to screw us. Our allies are freeloading off us. Secular America is oppressing Christian America.

MAGA looks less like an American brand of conservatism and more like a European brand of conservatism. It resembles all those generations of Russian chauvinists who argued that the Russian masses embody all that is good but they are threatened by aliens from the outside

MAGA looks like a kind of right-wing Marxism, which assumes that class struggle is the permanent defining feature of politics.

The American consciousness has traditionally been an abundance consciousness.

If Democrats are to thrive, they need to tap into America’s dynamic cultural roots and show how they can be applied to the 21st century

My favorite definition of dynamism is adapted from the psychologist John Bowlby: All of life is a series of daring explorations from a secure base. If Democrats are to thrive, they need to offer people a vision both of the secure base and of the daring explorations.

MAGA is a fortress mentality, but America has traditionally been defined by a pioneering mentality. MAGA offers a strong shell, but not much in the way of wings needed to soar.

Americans can’t be secure if the border is in chaos. Popular support for continued immigration depends on a sense that the government has things under control.

Americans can’t be secure if a single setback will send people to the depths of crushing poverty. That’s why the social insurance programs that Democrats largely built are so important.

offer people a vision of the daring explorations that await them. That’s where the pessimistic post-Reagan Republicans can’t compete

champion the abundance agenda that people like Derek Thompson and my colleague Ezra Klein have been writing about. We need to build things. Lots of new homes. Supersonic airplanes and high-speed trains.

If Republicans are going to double down on class war rhetoric — elites versus masses — Democrats need to get out of that business

They need to stand up to protectionism, not join the stampede.

Democrats need to take on their teachers’ unions and commit to dynamism in the field of education.

Democrats need to throttle back the regulators who have been given such free rein that they’ve stifled innovation.

tap back into the more traditional American aspiration: We are not sentenced to a permanent class-riven future but can create a fluid, mobile society.

The economist Michael Strain of the American Enterprise Institute has offered a telling psychic critique of MAGA economic thinking: “The economics of grievance is ineffective, counterproductive and corrosive, eroding the foundations of prosperity. Messages matter. Tell people that the system is rigged, and they will aspire to less

Champion personal responsibility, and they will lift their aspirations. Promoting an optimistic vision of economic life can increase risk tolerance, ambition, effort and dynamism.”

t aspiration is not like a brick that just sits there. Aspiration is more like a flame that can be fed or dampened

“The problem is desire. We need to *want* these things. The problem is inertia. We need to want these things more than we want to prevent these things.”

But what kind of men were featured? They’re all rich and powerful, and as a longtime fan of professional wrestling, I loved watching Hogan as a kid, but none of them are the kind of man I’d want my son to be. White was caught on video slapping his wife. Kid Rock has his own checkered past, including a sex tape and an assault charge related to a fight in a Nashville strip club. Hogan faced his own sex scandal after he had a bizarre sexual relationship with a woman who was married to one of his close friends, a radio host who goes by “Bubba the Love Sponge.”

We know all about Trump, but it’s worth remembering some of his worst moments — including a jury finding that he was liable for sexual abuse, his defamation of his sex-abuse victim, the “Access Hollywood” tape and the countless examples of his cruelly insulting the women he so plainly hates.

I highlight McRaven for a reason; he has perfectly articulated how to attack MAGA masculinity. Ten years ago, he gave one of the most powerful commencement speeches in recent American history. He addressed the graduates of the University of Texas, Austin, and three YouTube versions have racked up more than 70 million views combined.

It’s known — oddly enough — as the “Make Your Bed” speech. While it wasn’t aimed only at men, every person who forwarded it to me was a man. It appealed to universal values, but it connected with men I know at a deep and profound level.

McRaven draws on his SEAL training to teach students how to change the world. It begins with the small things, like accomplishing that tiny first task of making your bed, because “if you can’t do the little things right, you’ll never be able to do the big things right.”

Each new principle is rooted in his experience, including “If you want to change the world, measure a person by the size of their heart, not by the size of their flippers.” Here’s one that’s particularly salient in the face of Trumpist bullying: “If you want to change the world, don’t back down from the sharks.”

The address builds to a conclusion that is alien to Trumpist masculinity: “Start each day with a task completed. Find someone to help you through life. Respect everyone. Know that life is not fair and that you will fail often. But if you take some risks, step up when the times are the toughest, face down the bullies, lift up the downtrodden and never ever give up — if you do these things, the next generation and the generations that follow will live in a world far better than the one we have today.”

Trumpist masculinity is rooted in grievance and anger. McRaven’s message centers on honor and courage.

When you center masculinity on grievance and anger rather than honor and courage, you attract men like Hogan and Kid Rock and White. Worse, that is how you mold the men in your movement, including men like Vance.

Many conservatives rightly decry the way in which parts of the far left tend to use the words “straight white male” as a virtual epithet, as if there were something inherently suspect in the identities of tens of millions of men and boy

if men feel that Democrats are hostile to them, they’ll go where they feel wanted, the gender gap will become a gender canyon, and more men will embrace Trumpism because that’s just what men do.

We aren’t simply electing women and men; we’re electing role models, and Trump has unquestionably been a role model for countless men. He has molded not just the policies but also the ethos of the Republican Party. But America’s men need different role models and a different ethos.

let’s return for the moment to the Navy SEAL who served his country for decades, who helped kill one of America’s deadliest foes and who declared to American college graduates, “You must have compassion. You must ache for the poor and disenfranchised. You must fear for the vulnerable. You must weep for the ill and infirm. You must pray for those who are without hope. You must be kind to the less fortunate.”

I wonder if Democrats should answer the Republican men’s night with a men’s night of their own — a night that features heroes instead of bullies and showmen, a night that answers the Republican appeal to men’s basest instincts with an appeal to their highest ideals.

there’s a better way for men — for all of us. It’s rooted in honor, courage and love. Or as McRaven put it, “For what hero gives so much of themselves without caring for those they are trying to save?