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Opinion | 'Civil War' and Its Terrifying Premonition of American Collapse - The New Yor... - 0 views

  • In one 2022 poll, 43 percent of Americans said they thought a civil war within the next decade was at least somewhat likely. I wouldn’t go that far, but I won’t be surprised if political violence spikes after the upcoming election and eventually spirals out of control.
  • now that I’ve seen “Civil War,” which is neither glib nor cynical, Garland’s decision to keep the film’s politics a little ambiguous seems like a source of its power. The emphasis here should be on “a little” because, contrary to some of what I’d read, its values aren’t inscrutable, just lightly worn
  • Part of what makes it so searing, though, is that aside from its unlikely California-Texas alliance, its story doesn’t require too much explanation to make sense.
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  • it’s not a stretch to interpret the film as a premonition of how a seething, entropic country could collapse under the weight of Donald Trump’s return.
  • In America, you need less signposting on the route from our uneasy present to an imagined implosion. The movie’s refugee camps don’t look all that different from the tent encampments in many American cities. The paramilitary guy, in his fatigues and goofy red sunglasses, could easily be a Boogaloo Boi or an Oath Keeper. The culminating battle in the capital is a more intense version of scenes we witnessed on Jan. 6.
  • Early in the movie Lee says, “Every time I survived a war zone and got the photo, I thought I was sending a warning home: Don’t do this.” “Civil War” works as a similar sort of warning. It’s close enough to where America is right now that we don’t need Garland to fill in all the blanks.
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Deborah Feldman, the Author of 'Unorthodox,' Touches a Nerve in Germany - The New York ... - 0 views

  • What I really think has happened here is that memory culture has produced two warring phenomena.
  • It produced a society that is paralyzed by guilt and discomfort. Germany doesn’t have emotional space and energy for any other historical responsibility other than the reality that it perpetrated the Holocaust.
  • at the same time, official memory culture created an unchecked arena for politicians to abuse that history. These politicians don’t reflect the views of society, but they don’t feel the need to, because they’ve created a culture in which society doesn’t have a say in this issue. And it is so sad that the Jewish people have such diverse cultural, ethnic and religious identities, but in Germany they have to subsume it into the identity of the Holocaust victim.
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  • Documenta was a very big moment for artists on this issue. Everyone started getting very afraid. What we’ve been experiencing is a gap between the cultural establishment and the political structures that fund the culture scene.
  • I have a lot of Palestinian friends. A lot of Israeli friends. A lot of
  • friends with an immigrant background. My whole community was just paralyzed by fear and hopelessness and this feeling of being humiliated, denigrated, dehumanized.
  • I have lost my faith in German media. I never had faith in German politics, but now I really have no hope for German politics. Honestly, I think what I still feel connected to are the people who tell me privately: “I agree with you, but if I say it, I lose my job.”
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Exclusive: Trump Media saved in 2022 by Russian-American under criminal investigation |... - 0 views

  • The concern surrounding the loans to Trump Media is that ES Family Trust may have been used to complete a transaction that Paxum itself could not.
  • Paxum Bank does not offer loans in the US as it lacks a US banking license and is not regulated by the FDIC. Postolnikov appears to have used the trust to loan money to help save Trump Media – and the Truth Social platform – because his bank itself could not furnish the loan.
  • Postolnikov, the nephew of Aleksandr Smirnov, an ally of the Russian president, Vladimir Putin, has not been charged with a crime. In response to an email to Postolnikov seeking comment, a lawyer in Dominica representing Paxum Bank warned of legal action for reporting the contents of the leaked documents.
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  • Postolnikov has been under increasing scrutiny in the criminal investigation into the Trump Media merger. Most recently, he has been listed on search warrant affidavits alongside several associates – one of whom was indicted last month for money laundering on top of earlier insider-trading charges.
  • Trump Media then received the loans from ES Family Trust: $2m on 23 December 2021, and $6m on 17 February 2022.
  • Part of the problem was that Trump Media struggled to get financing because traditional banks were reluctant to lend millions to Trump’s social media company in the wake of the January 6 Capitol attack, Wilkerson said.Trump Media eventually found some lenders, including ES Family Trust, but the sequence of events was curious.
  • S Family Trust was established on 18 May 2021, its creation papers show. Postolnikov’s “user” access to the account was “verified” on 30 November 2021 by a Paxum Bank manager in Dominica. The trust was funded for the first time on 2 December 2021
  • In late 2021, Trump Media was facing financial trouble after the original planned merger with Digital World was delayed indefinitely when the Securities and Exchange Commission opened an investigation into the merger, Trump Media’s since-ousted co-founder-turned-whistleblower Will Wilkerson recounted in an interview.
  • Oddly, the notes were never signed. But the investment in Trump Media proved to be huge: while precise figures can only be known by Trump Media, ES Family Trust’s stake in Trump Media is worth between $20m and $40m even after the sharp decline of the company’s share price in the wake of a poor earnings report
  • The loans came in the form of convertible promissory notes, meaning ES Family Trust would gain a major stake in Trump Media because it was offering the money in exchange for Trump Media agreeing to convert the loan principal into “shares of Company Stock”.
  • The ES Family Trust account also appears to have benefited Postolnikov personally. As the criminal investigation into the Trump Media deal intensified towards the end of last year, the trust recorded several transfers to Postolnikov with the subject line “Partial Loan Return”.In total, the documents showed that the trust transferred $4.8m to Postolnikov’s account, although $3m was inexplicably “reversed”.
  • The reason for the trust’s creation remains unknown. Aside from the money that went to Trump Media, the trust’s statements show the trust has directly invested money with only two other companies: $10.8m to Eleven Ventures LLC, a venture capital firm, and $1m to Wedbush Securities, a wealth management firm.
  • The creation papers also contained something notable: a declaration that, if the original trustee – a Paxum employee named Angel Pacheco – stepped down from the role, his successor would be a certain individual named Michael Shvartsman.
  • Last month, federal prosecutors charged Michael Shvartsman, a close associate of Postolnikov, with money laundering in a superseding indictment after previously charging him and two others in July with insider-trading Digital World shares. Shvartsman and his co-defendants pleaded not guilty.
  • nformant for the DHS, court filings show: in one March 2023 meeting with the informant and an associate, Shvartsman mentioned a friend who owned a bank in Dominica and made bridge loans to Trump Media.
  • “[Shvartsman’s associate] told the [confidential informant] that he does not think the SEC would be able to go after [Shvartsman] for his part in the investment but mentioned that [Shvartsman] essentially provided ‘bridge financing’ for the firm behind the Truth Social media platform,” it said.
  • The investigation into potential money laundering appears to have started after Wilkerson’s lawyers Phil Brewster, Stephen Bell and Patrick Mincey alerted the US attorney’s office in the southern district of New York to the ES Family Trust loans in October 2022.
  • Months later, in June 2023, the FBI expanded its investigation to work jointly with the Department of Homeland Security’s El Dorado taskforce, which specializes in money laundering, and its Illicit Proceeds and Foreign Corruption group, which targets corrupt foreign officials who use US entities to launder illicit funds.
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Why has the '15-minute city' taken off in Paris but become a controversial idea in the ... - 0 views

  • he “15-minute city” has become a toxic phrase in the UK, so controversial that the city of Oxford has stopped using it and the transport minister has spread discredited conspiracy theories about the urban planning scheme.
  • while fake news spreads about officials enacting “climate lockdowns” to “imprison” people in their neighbourhoods, across the Channel, Parisians are enjoying their new 15-minute neighbourhoods. The French are stereotyped for their love of protest, so the lack of uproar around the redesign of their capital is in stark contrast to the frenzied response in Oxford.
  • Moreno has been working with the Paris mayor, Anne Hidalgo, to make its arrondissements more prosperous and pleasurable to live in. He says there are 50 15-minute cities up and running, with more to come.
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  • “We have an outstanding mayor, who is committed to tackling climate change. She said the 15-minute city will be the backbone for creating a new urban plan. The last time Paris had a new urban plan was in 2000, so this road map will be relevant for the next 10 or 15 years at least,”
  • “I said to Hidalgo, the 15-minute city is not an urban traffic plan. The 15-minute city is a radical change of our life.”
  • He also thinks office should generally be closer to homes, as well as cultural venues, doctors, shops and other amenities. Shared spaces such as parks help the people living in the areas to form communities.
  • They have also often been segmented into wealthier and poorer areas; in the less prosperous area to the north-east of Paris, Moreno says up to 40% of homes are social housing. In the wealthier west of Paris, this drops below 5%.
  • “My idea is to break this triple segregation,” he says.
  • Moreno thinks this segregation leads to a poorer quality of life, one designed around outdated “masculine desires”, so his proposal is to mix this up, creating housing developments with a mixture of social, affordable and more expensive housing so different social strata can intermingle
  • He also wants to bring schools and children’s areas closer to work and home, so caregivers can more easily travel around and participate in societ
  • When many modern cities were designed, they were for men to work in. Their wives and family stayed in the suburbs, while the workers drove in. So they have been designed around the car, and segmented into different districts: the financial district (think Canary Wharf), the cultural area (for example, the West End) and then the suburbs
  • The city has also been regenerating the Clichy-Batignolles district in the less prosperous north-west of Paris to have a green, village-like feel. About a quarter of it is taken up by green space and a new park.“As a 15-minute district, it is incredible,” says Moreno. “It is beautiful, it has proximity, social mixing, 50% of the inhabitants live in social housing, 25% in middle class and 25% own their homes.”
  • Many of his proposals are dear to the culture of the French. In a large, wealthy metropolis such as Paris, it is easy for small shops to be choked out by large chains. The city of Paris, in its new plan, has put measures in to stop this.
  • “We have a commercial subsidiary of the city of Paris which has put €200m into managing retail areas in the city with rates below the speculative real estate market. This is specifically to rent to small shops, artisans, bakeries, bookstores.
  • This is not only a good investment because it creates a good economic model, but it keeps the culture of the city of Paris,”
  • This is in keeping with the 15-minute city plan as it keeps local shops close to housing, so people can stroll down from their apartment to pick up a fresh baguette from an independent baker. “It creates a more vibrant neighbourhood,” he adds.
  • Hidalgo inevitably faced a large backlash from the motorist lobby. Stroll down the banks of the Seine today in the new protected parks and outdoor bars, and it is hard to imagine that it was recently a traffic-choked highway
  • “The drivers were radically very noisy, saying that we wanted to attack their individual rights, their freedom. The motorist lobby said she cannot be elected without our support, that they are very powerful in France,” Moreno says. But Hidalgo called their bluff: “She often says ‘I was elected two times, with the opposition of the automotive lobby’. In 2024, nobody requests to open again the highway on the Seine, no one wants the Seine urban park to be open for cars.”
  • Moreno talks about the concept of a “giant metronome of the city” which causes people to rush around. He wants to slow this down, to allow people to reclaim their “useful time” back from commuting and travelling to shops and cultural areas.
  • “I bet for the next year, for the next decade, we will have this new transformation of corporation real estate,” he says. “Businesses are choosing multi-use areas with housing, schools, shops for their office space now. The time of the skyscrapers in the masculine design is finished.”
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More Wall Street Firms Are Flip-Flopping on Climate. Here's Why. - The New York Times - 0 views

  • In recent days, giants of the financial world including JPMorgan, State Street and Pimco all pulled out of a group called Climate Action 100+, an international coalition of money managers that was pushing big companies to address climate issues.
  • Wall Street’s retreat from earlier environmental pledges has been on a slow, steady glide path for months, particularly as Republicans began withering political attacks, saying the investment firms were engaging in “woke capitalism.”
  • But in the past few weeks, things accelerated significantly. BlackRock, the world’s largest asset manager, scaled back its involvement in the group. Bank of America reneged on a commitment to stop financing new coal mines, coal-burning power plants and Arctic drilling projects
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  • Republican politicians, sensing momentum, called on other firms to follow suit.
  • “This was always cosmetic,” said Shivaram Rajgopal, a professor at Columbia Business School. “If signing a piece of paper was getting these companies into trouble, it’s no surprise they’re getting the hell out.
  • American asset managers have a fiduciary duty to act in the best interest of their clients, and the financial firms were worried that a new strategy by Climate Action 100+ could expose them to legal risks.
  • Since its founding in 2017, the group focused on getting publicly traded companies to increase how much information they shared about their emissions and identify climate-related risks to their businesses.
  • In addition to the risk that some clients might disapprove, and potentially sue, there were other concerns. Among them: that acting in concert to shape the behaviors of other companies could fall afoul of antitrust regulations.
  • The new plan called on asset-management firms to begin pressuring companies like Exxon Mobil and Walmart to adopt policies that could entail, for example, using fewer fossil fuels
  • last year, Climate Action 100+ said it would shift its focus toward getting companies to reduce emissions with what it called phase two of its strategy
  • BlackRock also said that one of its subsidiaries, BlackRock International, would continue to participate in the group — a tacit acknowledgment of the different regulatory environment in Europe. BlackRock also said it was initiating new features that would let clients choose if they wanted to pressure companies to reduce their emissions.
  • Pimco, another big asset manager, followed suit. “We have concluded that our Climate Action 100+ participation is no longer aligned with PIMCO’s approach to sustainability,” a firm spokesman said in a statement.
  • JPMorgan said it was pulling out of the group in recognition of the fact that, over the past few years, the firm had developed its own framework for engaging on climate risk
  • The fracturing of Climate Action 100+ was a victory for Representative Jim Jordan, Republican of Ohio, who has led a campaign against companies pursuing E.S.G. goals, shorthand for environmental, social and governance factors.
  • Embracing E.S.G. principles and speaking up on climate issues has become commonplace across corporate America in recent years. Chief executives warned about the dangers of climate change. Banks and asset managers formed alliances to phase out fossil fuels. Trillions of dollars were allocated for sustainable investing.
  • “Phase two is not that different,” she said. “It’s basically investors working with companies and saying: ‘OK, you’ve disclosed the risk. We just want to know how you’re going to address it.’ Because that’s what the investors want. How are you dealing with risk?”
  • Mindy Lubber, the chief executive of Ceres and a member of the steering committee of Climate Action 100+, disputed the notion that the new strategy represented a change from the focus on enhanced disclosure.
  • “The political cost has heightened, the legal risk has heightened,” he said. “That said, these corporations are not doing U-turns,” he added. “They continue to consider climate. That’s not going away. It’s adapting to the current environment.”
  • Aron Cramer, chief executive for BSR, a sustainable-business consultancy, said the Wall Street firms were responding to political pressure, but not abandoning their climate commitments altogether.
  • Several of the firms that backed out of Climate Action 100+ said they remained committed to the issue. JPMorgan said that it had a team of 40 people working on sustainable investing and that it believed “climate change continues to present material economic risks and opportunities to our clients.”
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Mistral, the 9-Month-Old AI Startup Challenging Silicon Valley's Giants - WSJ - 0 views

  • Mensch, who started in academia, has spent much of his life figuring out how to make AI and machine-learning systems more efficient. Early last year, he joined forces with co-founders Timothée Lacroix, 32, and Guillaume Lample, 33, who were then at Meta Platforms’ artificial-intelligence lab in Paris. 
  • hey are betting that their small team can outmaneuver Silicon Valley titans by finding more efficient ways to build and deploy AI systems. And they want to do it in part by giving away many of their AI systems as open-source software.
  • Eric Boyd, corporate vice president of Microsoft’s AI platform, said Mistral presents an intriguing test of how far clever engineering can push AI systems. “So where else can you go?” he asked. “That remains to be seen.”
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  • Mensch said his new model cost less than €20 million, the equivalent of roughly $22 million, to train. By contrast OpenAI Chief Executive Sam Altman said last year after the release of GPT-4 that training his company’s biggest models cost “much more than” $50 million to $100 million.
  • Brave Software made a free, open-source model from Mistral the default to power its web-browser chatbot, said Brian Bondy, Brave’s co-founder and chief technology officer. He said that the company finds the quality comparable with proprietary models, and Mistral’s open-source approach also lets Brave control the model locally.
  • “We want to be the most capital-efficient company in the world of AI,” Mensch said. “That’s the reason we exist.” 
  • Mensch joined the Google AI unit then called DeepMind in late 2020, where he worked on the team building so-called large language models, the type of AI system that would later power ChatGPT. By 2022, he was one of the lead authors of a paper about a new AI model called Chinchilla, which changed the field’s understanding of the relationship among the size of an AI model, how much data is used to build it and how well it performs, known as AI scaling laws.
  • Mensch took a role lobbying French policymakers, including French President Emmanuel Macron, against certain elements of the European Union’s new AI Act, which Mensch warned could slow down companies and would, in his view, do nothing to make AI safer. After changes to the text in Brussels, it will be a manageable burden for Mistral, Mensch says, even if he thinks the law should have remained focused on how AI is used rather than also regulating the underlying technology.  
  • For Mensch and his co-founders, releasing their initial AI systems as open source that anyone could use or adapt free of charge was an important principle. It was also a way to get noticed by developers and potential clients eager for more control over the AI they use
  • Mistral’s most advanced models, including the one unveiled Monday, aren’t available open source. 
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Trump Killed Not Just the Libertarian Party But Maybe the Libertarian Movement Too - 0 views

  • Though libertarianism as a political philosophy will continue, there is no longer anything resembling a coherent libertarian movement in American politics. That’s because the movement still bearing its name is no longer recognizably libertarian in any meaningful sense of the term. Nor can it still claim to be a political movement, which implies an association organized around not just a consistent set of ideas but a distinct political identity
  • For over a decade now, since Trump has dominated the national stage, longstanding disagreements have boiled over into a complete schism. There are those who have effectively become adjuncts of MAGA, and some who have gone firmly in the opposite direction, while others took a stance more akin to anti-anti-Trump voices who neither endorse nor firmly oppose the former president but train their ire toward those opposing Trump.
  • requires tracing internal libertarian disputes that began long before the rise of Trump. In some ways, they are a microcosm of similar developments in the American intellectual landscape writ large
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  • In his 2007 history of the movement, Radicals for Capitalism, Brian Doherty identifies five key figures who most shaped the nascent ideology and its organized advocacy: author Ayn Rand, and economists Ludwig von Mises, F. A. Hayek, Milton Friedman, and Murray Rothbard
  • With one exception, all paired radical free-market and smaller government views with liberal tolerance and cosmopolitanism on social issues. None were religious, and Rand and Mises were both avowedly irreligious. Friedman and Hayek both trended more moderate and pragmatic, and also achieved the highest degree of mainstream intellectual recognitio
  • It was in Rothbard that the divergence began which today has culminated in the Libertarian Party’s convention transforming into a literal Trump rally
  • He was in many ways the most radical—an avowed anarchist—and the most marginal
  • he was also the most involved in creating a self-consciously libertarian movement and many of its institutions. In this he was aided by his skills as a prolific polemicist.
  • From the start, Trump’s brand of illiberal populism had more than a passing resemblance to Rothbard’s paleo strategy—minus, as many classical liberal critics had long predicted, any meaningful moves to actually shrink government
  • By accommodating and embracing conservative culture warriors, even including avowed white supremacists, Rothbard believed he was forming the basis of a political coalition to demolish modern big government
  • it included an open embrace of police brutality, fuming about the need to “dispense instant punishment” to “bums,” while railing against efforts to undo America’s white supremacist past. Later, opposition to immigration became one of the paleo posture’s signature issues.
  • Across the loose constellation of libertarian think tanks, advocacy organizations, and electoral efforts in both the L.P. and the GOP, the embrace or rejection of Rothbard’s “paleo” idea was a source of perennial tension. Rothbard himself was involved for a time in both the Libertarian Party and the Cato Institute, co-founding the latter before being acrimoniously ejected after a few years.
  • the other end of the movement came to embrace the view of libertarianism as fundamentally an extension of the larger liberal tradition, continuous with a classical liberal political philosophy rather than a socially conservative one.
  • Free markets and limited government were still a big part of the picture, but in service to a vision of a dynamic and pluralistic free society.
  • As much as each held a dim view of the other, both continued to work under the “libertarian” label.
  • As he outlined in a 1992 essay, “Right Wing Populism: A Strategy for the Paleo Movement,” paleolibertarianism was an explicit alliance between small-government radicalism and the extremist far-right.
  • it still embodied the burn-it-all-down reactionary ethos that saw tearing down established institutions as a necessary first step, even if that required an unrestrained autocrat
  • After the deadly 2017 neo-Nazi rally in Charlottesville, the then party leadership denounced the “blood and soil” rhetoric. But to the Rothbardians, this smacked of unacceptable wokeness. Within a few days, the Mises Caucus—named more for the ideas exhibited by the think-tank than the actual economist—was founded. Over the next few years, this group began launching hostile takeovers of state parties and then the national party. As they did so, the party increasingly adopted rhetoric that sounded more like the tiki-torch brigade than one committed to individual liberty.
  • The two camps within the movement—the cosmopolitan and the paleo—already strained to nearly the breaking point, went through the inevitable rupture. A number of differences and disagreements fueled the split, but most central was the divide into MAGA-friendly and anti-Trump sympathies.
  • It is no longer possible to ignore the conflict of visions about what kind of society freedom was supposed to yield. One in which private bigotry and established hierarchies were allowed free rein? Or an open and all-embracing one where different people and lifestyles disapproved by the traditional order could flourish?
  • The only way the libertarian movement’s demise could bring down libertarianism as a political-philosophical framework is if one expected the ideas themselves to disappear. Happily, a robust conviction of the centrality of individual liberty—or of the need to fight a tyrannical state—is in no danger of fully fading away.
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Elon Musk's Latest Dust-Up: What Does 'Science' Even Mean? - WSJ - 0 views

  • Elon Musk is racing to a sci-fi future while the AI chief at Meta Platforms is arguing for one rooted in the traditional scientific approach.
  • Meta’s top AI scientist, Yann LeCun, criticized the rival company and Musk himself. 
  • Musk turned to a favorite rebuttal—a veiled suggestion that the executive, who is also a high-profile professor, wasn’t accomplishing much: “What ‘science’ have you done in the past 5 years?”
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  • “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.”
  • 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. 
  • 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.” 
  • 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.”
  • 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.”
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Opinion | What Democrats Need to Do Now - The New York Times - 0 views

  • Over the last eight years, think tankers, activists and politicians have developed MAGA into a worldview, a worldview that now transcends Donald Trump.
  • It has its roots in Andrew Jackson-style populism, but it is updated and more comprehensive. It is the worldview that represents one version of working-class interests and offers working-class voters respect.
  • J.D. Vance is the embodiment and one of the developers of this worldview — with his suspicion of corporate power, foreign entanglements, free trade, cultural elites and high rates of immigration.
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  • 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.
  • Americans have a zeal for continual self-improvement, a “need tirelessly to tinker, improve everything and everybody, never leave anything alone.”
  • “the Spirit of America is best known in Europe by one of its qualities — energy.”
  • we saw ourselves, as the dynamic nation par excellence. We didn’t have a common past, but we dreamed of a common futur
  • 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.
  • 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.
  • 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.
  • The American consciousness has traditionally been an abundance consciousness.
  • 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 throttle back the regulators who have been given such free rein that they’ve stifled innovation.
  • Democrats need to take on their teachers’ unions and commit to dynamism in the field of education.
  • 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.”
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How Lord of the Rings Shaped JD Vance's Politics - POLITICO - 0 views

  • perhaps Vance’s most millennial trait is just how geeky he is about Lord of the Rings.
  • The trilogy of novels has been a longstanding nerd favorite for decades, but it became the center of culture during Vance’s high school years thanks to Peter Jackson’s movies.
  • Rep. Jim Banks of Indiana, who sat next to Vance in Trump’s friends and family box at the convention Tuesday evening, asked Vance to name his favorite author.
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  • “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.”
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Opinion | H​ow Long Will A.I.'s 'Slop' Era Last? - The New York Times - 0 views

  • Sequoia Capital, calculated that investments in A.I. were running short of projected profits by a margin of at least several hundred billion dollars annually. (He called this “A.I.’s $600 billion question” and warned of “investment incineration.”)
  • In a similarly bearish Goldman Sachs report, the firm’s head of global equity research estimated that the cost of A.I. infrastructure build-out over the next several years would reach $1 trillion. “Replacing low-wage jobs with tremendously costly technology is basically the polar opposite of the prior technology transitions I’ve witnessed,” he noted. “The crucial question is: What $1 trillion problem will A.I. solve?”
  • that trillion-dollar A.I. expenditure, more than the United States spends annually on its military, and think: What exactly is that money going toward?
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  • 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.
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China Rules Solar Energy, but Its Industry at Home Is in Trouble - The New York Times - 0 views

  • Over the past 15 years, China has come to dominate the global market for solar energy. Nearly every solar panel on the planet is made by a Chinese company. Even the equipment to manufacture solar panels is made almost entirely in China. The country’s solar panel exports, measured by how much power they can produce, jumped another 10 percent in May over last year.
  • But China’s solar panel domestic industry is in upheaval.
  • Wholesale prices plummeted by almost half last year and have fallen another 25 percent this year. Chinese manufacturers are competing for customers by cutting prices far below their costs, and still keep building more factories.
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  • 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.
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Opinion | How Kamala Harris Can Win - The New York Times - 0 views

  • f disempowerment underlies the Republicans’ most potent issues in this campaign: inflation and immigration.
  • If Ms. Harris continues to repeat economic facts without acknowledging most voters’ feelings, she will fail to address the mood of discontent that has her running just behind Mr. Trump in the polls. Low unemployment, robust job growth, rising wages — by the usual metrics, the economy has been a success during the Biden years. And yet inflation looms so large for voters that most disapprove of the president’s handling of the economy. Why
  • Because inflation is not merely about the price of eggs. Many voters experience it as an assault on their agency, a daily marker of their powerlessness: No matter how hard I work or how much I make, I can’t get ahead or even keep up.
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  • And why was the surge in illegal border crossings so troubling, even for voters who live far from the southern border? Not because they believe Mr. Trump’s florid demagogy about criminals, rapists and residents of mental hospitals pouring in but because they see a country unable to control its borders as a country unable to control its destiny
  • and as a country that treats strangers better than some of its citizens.
  • they are part of the same political project. Economic arrangements not only decide the distribution of income and wealth; they also determine the allocation of social recognition and esteem.
  • Democrats need to acknowledge that the neoliberal globalization project they and mainstream Republicans pursued in recent decades brought huge gains for those at the top but job loss and stagnant wages for most working people
  • The winners used their windfall to buy influence in high places. Government stopped trying to check concentrated economic power. The two parties joined forces to deregulate Wall Street. And when the financial crisis of 2008 pushed the system to the brink, they spent billions of dollars to bail out the banks but left ordinary homeowners mostly to fend for themselves.
  • Rather than contend directly with the damage they had done, both political parties told workers to improve themselves by getting college degrees.
  • The elites who offered this advice missed the implicit insult it contained: If you’re struggling in the new economy, it’s your fault.
  • as president, despite his centrist career, Mr. Biden turned away from the policies that had prompted populist backlash and empowered Mr. Trump.
  • Still, he remained unpopular. Mr. Biden and his team thought the problem was one of timing: Public investments take time to produce jobs and tangible benefits.
  • Mr. Biden’s ambitious public investments in infrastructure, manufacturing, jobs and clean energy recalled the muscular role of government during the New Deal. So did his support for collective bargaining and the revival of antitrust law. It made him one of the most consequential presidents of modern times.
  • But the real problem was more fundamental. Mr. Biden never really offered a broad governing vision, never explained how the policies he enacted added up to a new democratic project.
  • Mr. Biden offered no comparable story.When he broke with the era of neoliberal globalization, reasserting government’s role in regulating markets for the common good, he did so with little fanfare or explanation. He did not acknowledge that his own party had been complicit in the policies that had deepened the divide between winners and losers
  • Mr. Trump has proposed exempting tips from taxes. Well, here’s a bolder suggestion: Why not reduce or eliminate the payroll taxes employees pay and make up the revenue with a tax on financial transactions?
  • This made him a weak match for Mr. Trump, a candidate with little policy success but whose MAGA movement spoke to the anger of the age.
  • what does all of this mean for the Harris campaign?
  • Defeating Mr. Trump means taking seriously the divide between winners and losers that polarizes the country. It means acknowledging the resentment of working people who feel that the work they do is not respected, that elites look down on them, that they have little say in shaping the forces that govern their lives.
  • To do so, Ms. Harris should highlight a theme that has long been implicit but underdeveloped in Mr. Biden’s presidency: the dignity of work.
  • The Harris campaign should not only defend these achievements but also embark on something more ambitious: a project of democratic renewal that goes beyond merely saving democracy from Mr. Trump
  • democracy in its fullest sense is about citizens deliberating together about justice and the common good. The dignity of work is important to a healthy democracy because it enables everyone to contribute to the common good and to win honor and recognition for doing so.
  • For Ms. Harris, offering concrete proposals to honor work — and to reward it fairly — could force Mr. Trump and Mr. Vance to choose between the working-class party they hope to become and the corporate Republican Party they continue to be.
  • She should be asking questions that would invigorate progressive politics for the 21st century: If we really believe in the dignity of work, why do we tax income from labor at a higher rate than income from dividends and capital gains? Shouldn’t the federal minimum hourly wage be higher than $7.25?
  • in the end, it all made for impressive policy but themeless politics. His presidency was a legislative triumph but an evocative failure.
  • Beyond tax measures: What about public investment in universal child care not only to support those who work outside the home but also to improve the pay and working conditions of caregivers?
  • Democrats could promote sectoral bargaining so that fast food workers can negotiate wages and working conditions across their industry rather than company by company. Democrats could require companies to give employees seats on corporate boards and classify gig workers as employees
  • On climate change, rather than imposing top-down, technocratic solutions, what if we tried listening to those who fear their livelihoods will be upended — creating local forums that give workers in the fossil fuel industry and agriculture a chance to collaborate with community leaders, scientists and public officials in shaping the transition to a green economy?
  • The election season is too short, they might argue, and the stakes are too high; elevating the terms of public discourse is a project for another day.
  • But this would be a political mistake and a historic missed opportunity. Taunting Mr. Trump as a felon would rally the base but reinforce the divide. Offering Americans a more inspiring democratic project could change some minds, win over some voters and offer some hope for a less rancorous public life.
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