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Javier E

Are We All Too Cynical for Star Trek? - by Bill Coberly - 0 views

  • WHAT DOES IT MEAN IF WE CAN’T even trust the institutions in our imagined utopias?
  • Starfleet’s exact role was left intentionally vague in the original series (1966–69); the writer’s guide for the original Star Trek explicitly encourages writers to “stay away from it as much as possible,” partly to avoid getting into the details of Earth’s future politics. But by the time of Star Trek’s heyday in the mid-1990s, Starfleet was established as an elite institution composed of brilliant and dedicated people (human and otherwise) who served in an organization resembling NASA, the Coast Guard, the Navy, and the Department of State all bundled together, with all of the opportunities for incoherence and mission creep that jumble implies.
  • One of the greatest episodes of Deep Space Nine (1992–99), “In the Pale Moonlight,” is entirely about how, in times of crisis, moral compromise may be necessary, even for Starfleet. But such cases are treated as exceptional, unusual circumstances far beyond the norm; as a rule, Starfleet is good, and the best way to be a good servant of the true and just in the world of Star Trek is by being a good Starfleet officer. How does one be a good Starfleet officer? By doing one’s job, by being a professional, by following one’s duty.
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  • the characters in the core three modern shows—Discovery, Picard, and Strange New Worlds—are less concerned with professionalism and duty and more concerned with personal morality, authenticity, and teamwork.
  • Dylan Roth, writing for Fanbyte, suggested that as Star Trek has aged, it has “changed from a series about benign authority to one about stalwart heroes protecting an institution from moral decay.” This is true enough, but I also think there’s something else going on with the modern Trek shows. Namely, the atmosphere and philosophy of the shows is much less comfortable with the maxims of professionalism and duty that were foundational to pre-2017 Star Trek media.
  • Modern Star Trek, much like older Star Trek, often presents its main characters as moral paragons, but whereas older Trek would usually depict them embodying Starfleet’s ideals in the presence of challenging aliens, modern Trek is more likely to establish their uprightness by contrast with the faceless and untrustworthy institution of Starfleet itself. Both eras do both things, at least occasionally, but the ratio has notably shifted.
  • Old-school Sisko reminds his crew of the expectations he has for them and unsubtly critiques their behavior as unbecoming of Starfleet officers. He acknowledges their difficulties (“I know it’s hot. . .”), but leaves no doubt that he expects them to perform their duties as professionals anyway. New-school Tilly motivates her command by making it clear that she sees and hears their concerns, and encourages them to work together by seeing the value in their unique life experiences.
  • difference in leadership style is everywhere between the two eras. The Strange New Worlds version of Capt. Christopher Pike has been repeatedly praised for being more collaborative than commanding (I struggle to remember a time he has ever raised his voice), whereas Capt. Sisko shouts at everyone, as only the great Avery Brooks can shout. Picard’s version of its title character trades all his twentieth-century grouchy gravitas for a more grandfatherly role; his inspirational speeches now seek to buoy his friends’ confidence rather than inspire subordinates to high achievement.
  • WHY THE CHANGE? Part of it probably has to do with the other material that Star Trek writers are drawing from. The ’60s and ’90s-era Trek writers either served in the military themselves or were drawing from science fiction written by people who had. (Gene Roddenberry, the creator of Star Trek, and many of the great science-fiction authors of the mid-twentieth century, including Robert Heinlein, Arthur Clarke, Isaac Asimov, Frank Herbert, and Walter M. Miller Jr., each served in some capacity in the World War II-era U.S. or British armed forces.
  • modern Trek writers are far less likely to have served—but are far more likely to have worked in twenty-first-century corporate America, which has a rather different set of norms and concepts of professionalism.
  • more fundamentally, popular science fiction today—as written by authors like N.K. Jemisin, Martha Wells, and Tamsyn Muir—is more likely to be concerned with questions of identity and combating imperialism. It is also more likely to be written from marginalized perspectives, which have valid reasons to distrust institutions and authority. For many of these writers, concepts like “professionalism” have questionable implications
  • Besides, nobody likes any of America’s institutions anymore (and for all that Star Trek is ostensibly international, it is a fundamentally American franchise). Gallup’s polling about Americans’ faith in U.S. institutions shows it hovering at or near record-breaking lows, spawning a great deal of hand-wringing from people across the political spectrum. These apparently untrustworthy institutions range from purely political ones (the presidency, the Supreme Court, etc.) to “the church or organized religion” (whatever that means), “banks,” and “newspapers.”
  • What are professionalism and duty if not the suppression of individual quirks in service of some larger goal or institution? Duty overrides individual desires or assessments of right and wrong.
  • But older Trek nevertheless believed in duty, because it believed that Starfleet was a fundamentally good institution, even if it may be failed by individual bad or misguided actors. It elevated Starfleet’s regulations and codes of conduct almost to the status of holy wri
  • it is difficult to be seriously inspired by the notion of duties if one has a deep distrust of the institutions that assign such duties.
  • Of course the characters written by twenty-first-century authors, who are animated by the same deep distrust of American institutions as the rest of us, are less likely to justify themselves with the language of duty than they are by reference to personal morality and authenticity. And of course they’re going to be skeptical of rank and hierarchy because they don’t believe these things are necessarily signs of actual merit or accomplishment any more than the rest of us do.
  • Yet I worry. If Star Trek is supposed to start from the assumption that Starfleet and the Federation are quasi-utopian, I worry about what it says about our collective imaginations if we can’t even let the institutions of that fictional utopia be utopian. If we can’t even trust Starfleet, who can we trust?
Javier E

In Silicon Valley, You Can Be Worth Billions and It's Not Enough - The New York Times - 0 views

  • He got a phone call about the imminent sale of a tech company and allegedly traded on the confidential information, according to charges filed by the Securities and Exchange Commission. The profit for a few minutes of work: $415,726.
  • rarely has anyone traded his reputation for seemingly so little reward. For Mr. Bechtolsheim, $415,726 was equivalent to a quarter rolling behind the couch. He was ranked No. 124 on the Bloomberg Billionaires Index last week, with an estimated fortune of $16 billion.
  • Last month, Mr. Bechtolsheim, 68, settled the insider trading charges without admitting wrongdoing. He agreed to pay a fine of more than $900,000 and will not serve as an officer or director of a public company for five years.
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  • Nothing in his background seems to have brought him to this troubling point. Mr. Bechtolsheim was one of those who gave Silicon Valley its reputation as an engineer’s paradise, a place where getting rich was just something that happened by accident.
  • “He cared so much about making great technology that he would buy a house, not furnish it and sleep on a futon,” said Scott McNealy, who joined with Mr. Bechtolsheim four decades ago to create Sun Microsystems, a maker of computer workstations and servers that was a longtime tech powerhouse. “Money was not how he measured himself.”
  • researchers who analyze trading data say corporate executives broadly profit from confidential information. These executives try to avoid traditional insider trading restrictions by buying shares in economically linked firms, a phenomenon called “shadow trading.”
  • “There appears to be significant profits being made from shadow trading,” said Mihir N. Mehta, an assistant professor of accounting at the University of Michigan and an author of a 2021 study in The Accounting Review that found “robust evidence” of the behavior. “The people doing it have a sense of entitlement or maybe just think, ‘I’m invincible.’”
  • He went to Stanford as a Ph.D. student in the mid-1970s and got to know the then-small programming community around the university. In the early 1980s, he, along with Mr. McNealy, Vinod Khosla and Bill Joy, started Sun Microsystems as an outgrowth of a Stanford project. When Sun initially raised money, Mr. Bechtolsheim put his entire life savings — about $100,000 — into the company.
  • “You could end up losing all your money,” he was warned by the venture capitalists financing Sun. His response: “I see zero risk here.”
  • An impromptu demonstration was hastily arranged for 8 a.m., which Mr. Bechtolsheim cut short. He had seen enough, and besides, he had to get to the office. He gave them a check, and the deal was sealed, Mr. Levy wrote, “with as little fanfare as if he were grabbing a latte on the way to work.
  • Mr. Page and Mr. Brin couldn’t deposit Mr. Bechtolsheim’s check for a month because Google did not have a bank account. When Google went public in 2004, that $100,000 investment was worth at least $1 billion.
  • It wasn’t the money that made the story famous, however. It was the way it confirmed one of Silicon Valley’s most cherished beliefs about itself: that its genius is so blindingly obvious, questions are superfluous.
  • The dot-com boom was a disorienting period for longtime Valley leaders whose interest in money was muted. Mr. Bechtolsheim’s Sun colleague Mr. Joy left Silicon Valley.
  • “There’s so much money around, it’s clouding a lot of people’s ethics,” Mr. Joy said in a 1999 oral history
  • Mr. Bechtolsheim didn’t leave. In 2008, he co-founded Arista, a Silicon Valley computer networking company that went public and now has 4,000 employees and a stock market value of $100 billion.
  • Mr. Bechtolsheim was chair of Arista’s board when an executive from another company called in 2019, according to the S.E.C. Arista and the other company, which was not named in court documents, had a history of sharing confidential information under nondisclosure agreements.
  • immediately after hanging up, the government said, he bought Acacia option contracts in the accounts of a close relative and a colleague. The next day, the deal was announced. Acacia shares jumped 35 percent.
  • Arista’s code of conduct states that “employees who possess material, nonpublic information gained through their work at Arista may not trade in Arista securities or the securities of another company to which the information pertains.”
  • Mr. Levy, the “In the Plex” author, said there were plenty of legal ways to make money in Silicon Valley. “Someone who is regarded as an influential funder and is very well connected gets nearly unlimited opportunities to make very desirable early investments,”
Javier E

Doorbell cameras on Amazon, Walmart and Temu aren't safe - The Washington Post - 0 views

  • Video doorbells are supposed to help keep your home safe from strangers. Thanks to poor software security, however, they could be letting strangers in.
  • Researchers at Consumer Reports found vulnerabilities in popular video doorbells on major online retail sites including Amazon, Walmart and Temu, according to a report released Thursday. Hackers could use a companion app to take over the devices and view camera footage, the report found.
  • The doorbells were sold under a variety of brand names, mainly Eken and Tuck, on Amazon, Walmart, Sears, Shein and Temu. All the doorbells paired with the app Aiwit and were manufactured by the Chinese company Eken Group Ltd., Consumer Reports said. Some doorbells were also missing a registration code required by the Federal Communications Commission (FCC).
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  • This finding is the latest example of how tough it is to vet products we buy online. Buggy software in off-brand smart devices is a recurring problem
  • digital marketplaces such as Amazon have done little to rein in offending manufacturers. Combine that with sponsored search results and opaque labeling — Amazon repeatedly called the Eken doorbells an “Amazon’s Choice: Overall Pick” — and shoppers have little recourse to figure out which devices are safe.
  • Smaller brands churn out smart lightbulbs and speakers to compete with bigger companies, often cutting corners on security. Big brands, meanwhile, do a better job with security but create new privacy concerns — do we really want Amazon peeking into every corner of our homes? Efforts to label consumer tech with simple security facts have languished.
  • Meanwhile, large online marketplaces put unvetted gadgets in front of millions of shoppers. In January alone, Amazon sold 4,200 Eken doorbells under 11 product listings, according to Consumer Reports. Whether you’re shopping for smart home tech or a simple tank top, having to navigate a sea of unfamiliar brands and dubious product reviews is now common
Javier E

Opinion | Why Boys Today Struggle With Human Connection - The New York Times - 0 views

  • By the time he left Discord a year or so later, he’d had about 200 calls with different people, both men and women, who spoke of contemplating suicide.
  • But it was the boys who seemed the most desperately lonely and isolated. On the site, he said, he found “a lot more unhealthy men than unhealthy women.” He added: “With men, there is a huge thing about mental health and shame because you’re not supposed to be weak. You’re not supposed to be broken.” A male mental-health crisis was flying under the radar.
  • I have come to believe the conditions of modern boyhood amount to a perfect storm for loneliness
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  • All the old deficiencies and blind spots of male socialization are still in circulation — the same mass failure to teach boys relational skills and emotional intelligence, the same rigid masculinity norms and social prohibitions that push them away from intimacy and emotionality.
  • in many ways this environment has apparently had the opposite effect — it has shut them down even further.
  • The micro-generation that was just hitting puberty as the #MeToo movement exploded in 2017 is now of college (and voting) age. They have lived their whole adolescence not just in the digital era, with a glorious array of virtual options to avoid the angst of real-world socializing, but also in the shadow of a wider cultural reckoning around toxic masculinity.
  • We have spent the past half-decade wrestling with ideas of gender and privilege, attempting to challenge the old stereotypes and power structures. These conversations should have been an opportunity to throw out the old pressures and norms of manhood, and to help boys and men be more emotionally open and engaged.
  • in screen-addicted, culture war-torn America, we have also added new ones.
  • For many progressives, weary from a pileup of male misconduct, the refusal to engage with men’s feelings has now become almost a point of principle
  • For every right-wing tough guy urging his crying son to “man up,” there’s a voice from the left telling him that to express his concerns is to take airtime away from a woman or someone more marginalized
  • In many cases, the same people who are urging boys and men to become more emotionally expressive are also taking a moral stand against hearing how they actually feel
  • For many boys, it can seem as though their emotions get dismissed by both sides. This political isolation has combined with existing masculine norms to push a worrying number of boys into a kind of resentful, semi-politicized reclusion.
  • Over a quarter of men under 30 say they have no close friends
  • Teenage boys now spend two hours less a week socializing than girls and they also spend about seven hours more per week than their female peers on screens.
  • my own research has fed my fears.
  • the same theme came up over and over for boys who on the face of it had little else in common. They were lonely.
  • almost all of them had the nagging sense that something important was missing in those friendships. They found it almost impossible to talk to their male peers about anything intimate or express vulnerability.
  • One teenager described his social circle, a group of boys who had been best friends since kindergarten, as a “very unsupportive support system.” Another revealed that he could recall only one emotionally open conversation with a male friend in his life, and that even his twin brother had not seen him cry in years
  • they felt unable to articulate this pain or seek help, because of a fear that, because they were boys, no one would listen.
  • As one 20-year-old put it, “If a man voices any concern, they get deflected with all of their so-called privileges.” He added: “They’d be like, ‘Whatever. Women have suffered more than you, so you have no right to complain.’”
  • Almost without exception, the boys I talked to craved closer, more emotionally open relationships, but had neither the skills nor the social permission to change the story.
  • Perhaps it’s not surprising that boys don’t know how to listen and engage with their friends’ emotions on any deeper level; after all, no one really engages with theirs.
  • in a sexist society, male opinions hold outsized value. But the world — including their own parents — has less time for their feelings.
  • One study from 2014 showed that parents were more likely to use emotional words when talking with their 4-year-old daughters than those speaking to their 4-year-old sons.
  • A more recent study comparing fathers of boys with fathers of girls found that fathers of boys were less attentively engaged with their boys, spent less time talking about their son’s sad feelings and instead were more likely to roughhouse with them. They even used subtly different vocabularies when talking with boys, with fewer feelings-centered words, and more competition and winning-focused language.
  • Spend any time in the manosphere, and it’s easy to start to hate men and boys. The extreme misogyny, the gleeful hate speech, the violent threats and thrum of menace make it hard to summon much sympathy for male concerns, and easy to forget the ways that patriarchy harms them, too.
  • in the grip of the culture wars, caring about boys has become subtly coded as a right-wing cause,
  • Men have had way more than their fair share of our concern already, the reasoning goes, and now it’s time for them to pipe down
  • But for boys, privilege and harm intertwine in complex ways — male socialization is a strangely destructive blend of indulgence and neglect. Under patriarchy, boys and men get everything, except the thing that’s most worth having: human connection.
  • The prescription for creating a generation of healthier, more socially and emotionally competent men is the same in the wider political discourse as it is in our own homes — to approach boys generously rather than punitively
  • We need to acknowledge boys’ feelings, to talk with our sons in the same way we do our daughters, to hear them and empathize rather than dismiss or minimize, and engage with them as fully emotional beings.
Javier E

Deploying on U.S. Soil: How Trump Would Use Soldiers Against Riots, Crime and Migrants ... - 0 views

  • In his first term in office, Mr. Trump never realized his expansive vision of using troops to enforce the law on U.S. soil. But as he has sought a return to power, he has made clear that he intends to use the military for a range of domestic law enforcement purposes, including patrolling the border, suppressing protests that he deems to have turned into riots and even fighting crime in big cities run by Democrats.
  • “In places where there is a true breakdown of the rule of law, such as the most dangerous neighborhoods in Chicago, the next president should use every power at his disposal to restore order — and, if necessary, that includes sending in the National Guard or the troops,” Mr. Trump said at a conservative conference in Dallas in August 2022, shortly before announcing that he was running to be that next president.
  • While governors have latitude to use their states’ National Guards to respond to civil disorder or major disasters, a post-Civil War law called the Posse Comitatus Act generally makes it a crime to use regular federal troops for domestic policing purposes.
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  • However, an 1807 law called the Insurrection Act creates an exception to that ban. It grants presidents the emergency power to use federal troops on domestic soil to restore law and order when they believe a situation warrants it. Those federal troops could either be regular active-duty military or state National Guard soldiers the federal government has assumed control over.
  • But parts of the Insurrection Act also allow presidents to send in troops without requiring the consent of a governor. Presidents last invoked the act to deploy troops without the consent of state authorities in the late 1950s and early 1960s during the civil rights movement, when some governors in the South resisted court-ordered school desegregation.
  • Mr. Trump has boasted that, if he returns to the White House, he will dispatch forces without any request for intervention by local authorities. At a campaign rally in Iowa last year, for example, he vowed to unilaterally use federal forces to “get crime out of our cities,” specifically naming New York, Chicago, Los Angeles and San Francisco as “crime dens” he pointedly noted were run by Democrats.
  • “You look at what is happening to our country — we cannot let it happen any longer,” Mr. Trump said. “And one of the other things I’ll do — because you are not supposed to be involved in that, you just have to be asked by the governor or the mayor to come in — the next time, I am not waiting.”
  • Mr. Trump has long been attracted to the strongman move of using military force to impose and maintain domestic political control. In a 1990 interview with Playboy, he spoke admiringly about the Chinese Communist Party for displaying the “power of strength” a year earlier when it used troops and tanks to crush the pro-democracy protests in Beijing’s Tiananmen Square.
  • The next day, on June 3, Mr. Esper contradicted Mr. Trump from the Pentagon podium, saying: “The option to use active duty forces in a law enforcement role should only be used as a matter of last resort, and only in the most urgent and dire of situations. We are not in one of those situations now. I do not support invoking the Insurrection Act.” Mr. Trump was outraged, seeing this as an act of defiance. He fired Mr. Esper that November.
  • Mr. Trump has broken with his former subordinates who raised objections to his desire to use federal troops that summer. Those who have stuck with Mr. Trump are working to ensure that a second administration would not contain politically appointed officials or lawyers who would be inclined to see it as their duty to constrain his impulses and desires — one of several reasons a second Trump presidency is likely to shatter even more norms and precedents than the first.
  • Indeed, even by the standards of various norm-busting plans Mr. Trump and his advisers have developed, the idea of using American troops against Americans on domestic soil stands apart. It has engendered quiet discomfort even among some of his allies on other issues.
  • In an interview with The New York Times last fall, Stephen Miller, Mr. Trump’s top immigration adviser, said Mr. Trump’s plans for an unprecedented crackdown on immigration included invoking the Insurrection Act to use troops as immigration agents.
  • An early 2023 email from a member of the center’s staff listed 10 agenda topics for papers that the center planned to write on legal and policy frameworks. An introduction to the email said the goal was to “help us build the case and achieve consensus leading into 2025.” The email went on to circulate more broadly, and The Times reviewed a copy.
  • The email placed each topic into one of three categories. One set involved Congress. A second involved “broader legal” issues — including “Christian nationalism” and “nullification,” the pre-Civil War idea that states should be able to negate federal laws they don’t like. The third category was “day one” ideas, meaning those whose legal frameworks were already well established, and which could be put into effect by a president unilaterally.No. 4 on the list: “Insurrection — stop riots ** — Day 1, easy.”
  • “George Floyd obviously was not about race — it was about destabilizing the Trump administration,” he said. “We put out, for instance, a 50-page paper designed for lawyers to know that the president has, you know, the ability both along the border and elsewhere to maintain law and order with the military and that’s something that, you know, that’s going to be important for him to remember and his lawyers to affirm. But we’ve given them the case for that.”
Javier E

'Nexus' Review: Prognosis Apocalyptic - WSJ - 0 views

  • the Israeli historian-philosopher Yuval Noah Harari divides us into a naive and populist type and another type that he prefers but does not name. This omission is not surprising. The opposite of naive and populist might be wise and pluralist, but it might also be cynical and elitist
  • A dollop of historical anecdote is seasoned with a pinch of social science and a spoonful of speculation, topped with a soggy crust of prescription, and lightly dusted with premonitions of the apocalypse that will overcome us if we refuse a second serving
  • “Nexus” divides into three parts. The first part describes the development of complex societies through the creation and control of information networks.
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  • The second argues that the digital network is both quantitatively and qualitatively different from the print network that created modern democratic societies
  • All “true believers” are delusional. Anyone who calls a religion “a true representation of reality” is “lying.”
  • Information, Mr. Harari writes, creates a “social nexus” among its users. The “twin pillars” of society are bureaucracy, which creates power by centralizing information, and mythology, which creates power by controlling the dispersal of “stories” and “brands.”
  • Societies cohere around stories such as the Bible and communism and “personality cults” and brands such as Jesus and Stalin.
  • The third presents the AI apocalypse. An “alien” information network gone rogue, Mr. Harari warns, could “supercharge existing human conflicts,” leading to an “AI arms race” and a digital Cold War, with rival powers divided by a Silicon Curtain of chips and code.
  • “Subjective facts” based on “beliefs and feelings” cannot be true. The collaborative cacophony of “intersubjective reality,” the darkling plain of social and political contention where all our minds meet, also cannot be fully true.
  • Mr. Harari agrees that “truth is an accurate representation of reality” but argues that only “objective facts” such as scientific data are true
  • When the attempt is convincing, the naive “call it truth.”
  • Digitizing our naivety has, Mr. Harari believes, made us uncontrollable and incorrigible
  • He consistently confuses democracy (a method of gauging opinion with a long history) with liberalism (a mostly Anglo-American legal philosophy with a short history).
  • Digital networks overwhelm us with information, but computers can only create “order,” not “truth” or “wisdom.”
  • AI might take over without developing human-style consciousness: “Intelligence is enough.”
  • The nexus of machine-learning, algorithmic “user engagement” and human nature could mean that “large-scale democracies may not survive the rise of computer technology.”
  • The “main split” in 20th-century information was between closed, pseudo-infallible “totalitarian” systems and open, self-correcting “democratic” systems.
  • after the flood of digital information, the split will be between humans and machines
  • The machines will still be fallible.
  • Will they allow us to correct them
  • Mr. Harari nevertheless argues that “social media algorithms” play such a “divisive” role that free speech has become a naive luxury, unaffordable in the age of AI. He “strongly disagrees” with Louis Brandeis’s opinion in Whitney v. California (1927) that the best way to combat false speech is with more speech.
  • The survival of democracy requires “regulatory institutions” that will “vet algorithms,” counter “conspiracy theories” and prevent the rise of “charismatic leaders.”
  • Unfortunately, his grasp of politics is tenuous and hyperbolic. He seems to believe that populism was invented with the iPhone rather than being a recurring bug that appears when democratic operating systems become corrupted or fail to update their software
  • Mythologies of religion, history and ideology, Mr. Harari believes, exploit our naive tendency to mistake all information as “an attempt to represent reality.
  • He defines democracy as “an ongoing conversation between diverse information nodes,”
  • but the openness of the conversation and the independence of its nodes derive from liberalism’s rights of individual privacy and speech. Yet “liberalism” appears nowhere in “Nexus.
  • Mr. Harari isn’t much concerned with liberty and justice either.
  • Nexus” is a mirror to the unease of our experts and elites. It divides people into the cognitively unfit and the informationally pure and proposes we divide power over speech accordingly
  • Call me naive, but Mr. Harari’s technocratic TED-talking is not the way to save democracy. It is the royal road to tyranny.
Javier E

Silicon Valley's Trillion-Dollar Leap of Faith - The Atlantic - 0 views

  • Tech companies like to make two grand pronouncements about the future of artificial intelligence. First, the technology is going to usher in a revolution akin to the advent of fire, nuclear weapons, and the internet.
  • And second, it is going to cost almost unfathomable sums of money.
  • Silicon Valley has already triggered tens or even hundreds of billions of dollars of spending on AI, and companies only want to spend more.
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  • Their reasoning is straightforward: These companies have decided that the best way to make generative AI better is to build bigger AI models. And that is really, really expensive, requiring resources on the scale of moon missions and the interstate-highway system to fund the data centers and related infrastructure that generative AI depends on
  • “If we’re going to justify a trillion or more dollars of investment, [AI] needs to solve complex problems and enable us to do things we haven’t been able to do before.” Today’s flagship AI models, he said, largely cannot.
  • Now a number of voices in the finance world are beginning to ask whether all of this investment can pay off. OpenAI, for its part, may lose up to $5 billion this year, almost 10 times more than what the company lost in 2022,
  • Dario Amodei, the CEO of the rival start-up Anthropic, has predicted that a single AI model (such as, say, GPT-6) could cost $100 billion to train by 2027. The global data-center buildup over the next few years could require trillions of dollars from tech companies, utilities, and other industries, according to a July report from Moody’s Ratings.
  • Over the past few weeks, analysts and investors at some of the world’s most influential financial institutions—including Goldman Sachs, Sequoia Capital, Moody’s, and Barclays—have issued reports that raise doubts about whether the enormous investments in generative AI will be profitable.
  • generative AI has already done extraordinary things, of course—advancing drug development, solving challenging math problems, generating stunning video clips. But exactly what uses of the technology can actually make money remains unclear
  • At present, AI is generally good at doing existing tasks—writing blog posts, coding, translating—faster and cheaper than humans can. But efficiency gains can provide only so much value, boosting the current economy but not creating a new one.
  • Right now, Silicon Valley might just functionally be replacing some jobs, such as customer service and form-processing work, with historically expensive software, which is not a recipe for widespread economic transformation.
  • McKinsey has estimated that generative AI could eventually add almost $8 trillion to the global economy every year
  • Tony Kim, the head of technology investment at BlackRock, the world’s largest money manager, told me he believes that AI will trigger one of the most significant technological upheavals ever. “Prior industrial revolutions were never about intelligence,”
  • “Here, we can manufacture intelligence.”
  • this future is not guaranteed. Many of the productivity gains expected from AI could be both greatly overestimated and very premature, Daron Acemoglu, an economist at MIT, has found
  • AI products’ key flaws, such as a tendency to invent false information, could make them unusable, or deployable only under strict human oversight, in certain settings—courts, hospitals, government agencies, schools
  • AI as a truly epoch-shifting technology, it may well be more akin to blockchain, a very expensive tool destined to fall short of promises to fundamentally transform society and the economy.
  • Researchers at Barclays recently calculated that tech companies are collectively paying for enough AI-computing infrastructure to eventually power 12,000 different ChatGPTs. Silicon Valley could very well produce a whole host of hit generative-AI products like ChatGPT, “but probably not 12,000 of them,
  • even if it did, there would be nowhere enough demand to use all those apps and actually turn a profit.
  • Some of the largest tech companies’ current spending on AI data centers will require roughly $600 billion of annual revenue to break even, of which they are currently about $500 billion short.
  • Tech proponents have responded to the criticism that the industry is spending too much, too fast, with something like religious dogma. “I don’t care” how much we spend, Altman has said. “I genuinely don’t.
  • the industry is asking the world to engage in something like a trillion-dollar tautology: AI’s world-transformative potential justifies spending any amount of resources, because its evangelists will spend any amount to make AI transform the world.
  • in the AI era in particular, a lack of clear evidence for a healthy return on investment may not even matter. Unlike the companies that went bust in the dot-com bubble in the early 2000s, Big Tech can spend exorbitant sums of money and be largely fine
  • perhaps even more important in Silicon Valley than a messianic belief in AI is a terrible fear of missing out. “In the tech industry, what drives part of this is nobody wants to be left behind. Nobody wants to be seen as lagging,
  • Go all in on AI, the thinking goes, or someone else will. Their actions evince “a sense of desperation,” Cahn writes. “If you do not move now, you will never get another chance.” Enormous sums of money are likely to continue flowing into AI for the foreseeable future, driven by a mix of unshakable confidence and all-consuming fear.
Javier E

Book Review: 'Black Pill,' by Elle Reeve - The New York Times - 0 views

  • Reeve chronicles the alt-right’s rise in “Black Pill,” a chilling and insightful account of the throughline from dopey internet memes to Donald Trump’s 2016 victory, the seductions of QAnon and the storming of the Capitol. In Reeve’s telling, Charlottesville was the fulcrum between a before, when hateful ideologies were coalescing, largely out of view, and the after — which we now inhabit
  • the internet culture she depicts starts at least a decade earlier, when a teenager modified the source code of a Japanese website to launch an English-language version, 4chan. The site let users post images anonymously, and it did not take long for pornography and vile memes to find a home there.
  • Eventually, the site’s developer became troubled and began blocking the worst of it, especially during what came to be known as Gamergate, a mass harassment campaign against women in the video game industry.
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  • After Gamergate, many users migrated to 8chan, where anyone could post anything. Richard Spencer, the white supremacist who was the headline speaker at Unite the Right, was among many who found their people — frequently alienated, angry and lonely young men — online.
  • Steve Bannon, the former executive chairman of the website Breitbart and Trump’s former chief strategist, understood that you could “activate that army,” which is just what they did. These were people who, in the parlance of the community, had swallowed the “Matrix"-inspired “red pill” and seen “the truth.”
  • Maybe they believed that the system was rigged by Jews, or that racial equality would undermine the white race, or that Hillary Clinton led a cabal of pedophiles. But as the book painstakingly shows, these ideas then prompted such real-world actions as shooting up a pizza restaurant, or hacking into voting systems and stealing their software.
  • As Reeve describes it, an even more potent danger came from the black pill of nihilism. Taking that pill “allows you to justify any action: cruelty, intimidation, violence,” she writes. “If your actions cause more violence and chaos, that’s good, because it will help bring about an end to the corrupt regime.
  • It can, she argues, lead to Charlottesville, to massacres in Charleston and Pittsburgh and El Paso and Orlando. It can lead to a veneration for Putin. Or an exaltation of Trump.
  • That mass delusion, as insane as it may seem — that a deep state exists within the government, supported by celebrities and business leaders, operating a Satan-worshiping human-trafficking network — continues to infect minds both on the internet and in real life
Javier E

Opinion | Are We on the Cusp of a New Political Order? - The New York Times - 1 views

  • Gary Gerstle: A political order is a way of thinking differently about political time in America. We focus so much on two-, four- and six-year election cycles. A political order is something that lasts beyond particular elections, that refers to the ability of one political party to arrange a constellation of policies, constituencies, think tanks, candidates, individuals who come to dominate politics for extended periods of time. And their dominance becomes so strong that the opposition party feels compelled — if they still want to remain real players in American politics — it compels them to acquiesce and to come aboard the other political party’s platform.
  • They usually last 30 or 40 years. Economic crisis is usually involved in the emergence of a new order and the breakup of the old. Every political order also has not only an ideology but a vision of a good life in America.
  • What constitutes a good life? Because that becomes really important in terms of selling the virtues of that political order to a mass base, which is something that has to be won and sustained in American politics in order for a political order to exist and thrive.
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  • It was a revolutionary power that wanted to end capitalism everywhere, not just in the Soviet Union but all over Asia and Africa, North America, South America. They were gaining a lot of support in the decolonizing societies of Africa and Asia. America was not confident in the ability of its economy to have a permanent recovery from the Great Depression.
  • When I teach young people today, it’s hard for them to grasp the magnitude and the seriousness of the Cold War and how it shaped every aspect of American life. And the Soviet Union represented an existential threat to the United States.
  • What coheres to the New Deal is that the Republicans eventually submit to it. And that happens when Gen. Dwight D. Eisenhower beats Senator Robert A. Taft. So tell me a bit about the counterfactual there that you think almost happened. What led to Taft losing prominence in the Republican Party, and what might have happened if he hadn’t?
  • he was slow to get on the bandwagon in terms of the threat of China, the threat of Communist expansion, and that opened up an opportunity for another candidate, by the name of Dwight D. Eisenhower, to enter the presidential race in 1952 and to present a very different vision.
  • He was a Republican in a classical sense — small central government, devolved power to the states, suspicious of foreign entanglements — believing that America was protected by the two vast oceans and thus did not need a strong standing army, did not have to be involved in world affairs. And he was opposed to the New Deal.
  • He thought it was a form of tyranny. It was going to lead to collectivism, Soviet style. And he was poised in the 1940s to roll back the New Deal, and he was looking forward to the postwar period after the war emergency had passed. Of course, the war emergency would require a very strong state to mobilize armed forces, to mobilize the economy for the sake of fighting a world war.
  • They needed foreign markets. America wasn’t sure whether it would have them. And the capitalist class in America was scared to death by the Communist threat, and it had to be met everywhere, and America mobilizes for the Cold War to contain Communism everywhere where it appeared. And that required a standing army in quasi-peacetime of a sort that America had never experienced before, and Taft was profoundly uncomfortable with this.
  • my counterfactual is that, absent the Cold War, the New Deal, which we now regard as such a juggernaut, would be seen as a momentary blip like so many other progressive moments in American politics. And we would see it as a blip and not for what it became, which was a political order that dominated politics for 30 years.
  • So there’s been this conventional story of the New Deal era, which is that the fear of Communism, the fear of being painted as soft on Communism or soft on socialism, leads progressives to trim their sails, moderates the sort of left flank of New Dealism. You argue that that story misses what’s happening on the right.
  • the imperative of fighting the Communists caused Republicans to make even larger concessions than the Democrats did.” What were those concessions?
  • Well, the biggest concession was agreeing to an extraordinary system of progressive taxation.
  • The highest marginal tax rate in the 1940s during World War II reached 91 percent, a level that is inconceivable in America of the 21st century. Eisenhower wins the election in 1952. He has both houses of Congress. And quite extraordinarily, Eisenhower maintains the 91 percent taxation rate
  • I think what mattered to him was the Cold War. The Cold War had to be fought on two fronts: It had to be fought militarily — international containment of Communism — and that required enormous expenditures on national defense, which meant not simply a conventional army but the nuclear arms race.
  • Eisenhower understood that in order to win the ideological struggle of the Cold War — which was not simply an American-Soviet struggle, but it was a global struggle to convince all the peoples of what was then called the Third World to come with the capitalist way, to come with the American way. In order for that to happen, America had to demonstrate that it could give its ordinary citizens a good life.
  • America had to prove that it had the better system, and that meant you could not return to unrestrained American capitalism — you had to regulate it in the public interest.
  • And the other aspect of that, which he appreciated, was that in the 1950s, it was not clear whether the Soviet Union or the United States could provide a better life for its average citizen. The Soviet Union was still doing quite well in the 1950s.
  • And that meant taking money from the rich and redistributing it, narrowing the inequality between rich and poor. It meant supporting powerful labor movement and not trying to roll back the Wagner Act, which the labor movement regarded as its Magna Carta, a very strong piece of federal legislation that gave it unambiguous rights to organize and obligated employers to bargain collectively with them.
  • He felt that this had to be the way that America went. Maintenance of Social Security — really all the key New Deal reforms — he ended up maintaining because he thought this would be a critically important instrument for convincing not just ordinary Americans but people around the world that this would prove the superiority of the American way.
  • That is why he acquiesced to the New Deal order.
  • It’s a pervasive recognition among America’s business class. You say, “The fear of Communism made possible the class compromise between capital and labor that underwrote the New Deal order.”
  • And you say it wasn’t just here; this was also true in many of the social democracies in Europe after World War II. Tell me a bit about that class compromise and the role the Cold War played in it.
  • It is often said that socialism was weaker in America than it was elsewhere. And in many respects, that has been true.
  • The corollary of that is that the American business class historically has been bigger, more powerful, more unencumbered than the business classes of other nations, especially in Western Europe among America’s industrial rivals. There was no shortage of labor protest in America, but rarely could labor achieve what it wanted to achieve because the resistance was extraordinary, the resistance was legal, it was extralegal.
  • The national security argument is crucial to getting large segments of the Republican Party on board. For them, the greatest threat, both internationally and domestically, was the Communist threat. And thus, they were willing to extend themselves beyond a point where they otherwise would have gone
  • I argue that it was the fear of the Soviet Union. And what did the fear of the Soviet Union represent? The expropriation of all corporate capital in the world. That was the Communist dream. And that was deeply felt. And it was felt not simply in a global setting. It was felt within the United States itself,
  • The history of industrial relations in America was very violent. The business class in America had a reputation of being very powerful and aggressive and unwilling to share its power with its antagonists. So what was it that got them to share that power?
  • it’s really remarkable to look at how closely the R. and D. state was designed and sold, in terms of its ability to keep America ahead for national defense. It has its roots in World War II, and it continues building much off that rhetoric.
  • so there’s this interesting way, I think we think of the New Deal in terms of Social Security. We think of it in terms of some of these individual programs. But it is this thoroughgoing expansion of the government into all kinds of areas of American life. And the thing that allows the Republican Party to get on board with a lot of that is this idea that if you don’t do that, well, the Soviets are going to do it
  • And the business class felt that it was in its interests to compromise with organized labor in a way that it had never done before. That was the grand compromise. It was symbolized in a treaty in Detroit between the three automobile makers, then among the biggest corporations in America, and the United Auto Workers — the Treaty of Detroit — purchasing labor peace by granting unions, good wages, good conditions, good pensions, good health care. Absent the threat of Communism, I think that grand compromise either would not have been arrived at or it would have been scuttled much sooner than it was.
  • they’re going to have the highways, or they’re going to have the technological or scientific superiority, they’re going to make it to the moon, etc., and then America is going to be left behind.
  • The vast education bills that are going to propel the tremendous growth of American universities in the 1960s and 1970s — which you mentioned about R. and D. — has a similar propulsion
  • the scale of this would not have reached the point that it did without getting a lot of Republicans on board. And the critical argument for them was national security, and a critical event was Sputnik, when Soviet Union shocks the United States by putting into orbit a satellite before the United States had done it.
  • that is a shocking moment: Oh, my God, America is falling behind. We must bend every muscle to beating the Soviet Union in every way, and that requires tremendous investments because of satellite technology and R. and D., and also that becomes the foundation of what is going to become the I.T. industry and the I.T. revolution — also a product of the Cold War.
  • How does that order end?
  • There are three factors that pull this order apart. The first is race, the second is Vietnam, and the third is the major economic recession of the 1970s.
  • Every political order has tensions within it in the United States. And the great contradiction in the New Deal Party of Franklin Roosevelt was the treatment of African Americans. In order to have a new political economy of a big state managing private capital in the public interest, Roosevelt had to get the South on board, and the South meant the white South.
  • And the entire promise of Western Europe prosperity and American university had been premised on the flow of unending supplies of very cheap Middle Eastern oil — most of them controlled by U.S. and British oil companies. And Saudi Arabia and other oil-producing nations in the 1970s say: No, these are our resources. We will determine how much is drawn out of the ground and the prices that they will be charged.
  • That was then complicated by Vietnam, a vastly unpopular war — inaugurated and presided over by Democratic presidents who were perceived by their own constituents to not be telling the truth about this awful quagmire.
  • It also inaugurated trade-offs between funding a war and funding Johnson’s beloved Great Society. Inflation began to take off.
  • the third element was profound changes in the international political economy. One of the reasons why America was able to enter its grand compromise between capital and labor and pay labor very high wages was that America had no serious industrial competition in the world from the ’40s to the ’60s.
  • Most of the industrialized world had been destroyed. The U.S. is actively helping the recovery of Western European economies, Japan, promoting development in Southeast Asia, and in the 1970s, these economies begin to challenge American supremacy economically. The symbol of that is the rise of Japanese car manufacturers
  • Roosevelt assented to that. But this was also a time, especially in the 1940s, when African Americans were migrating in huge numbers to the North, and they were becoming a constituency in the Democratic Party. This was the first point of crisis, and the Democratic Party found itself unable to contain the racial conflicts that exploded in the 1960s.
  • The quadrupling of oil prices leads to a profound economic crisis, along with competition from European nations against the United States. And this plunges the United States into a very unexpected and profound — and long — economic crisis known as stagflation. Inflation and unemployment are going up at the same time
  • None of the textbooks say this should be happening. The tools are no longer working. And it’s in this moment of crisis, the Democratic Party — this is the third strike against it — opens up an opportunity for alternative politics, an alternative party, an alternative plan for American political economy.
  • that sort of leaves out something that is happening among Democrats at this time. There’s a movement inside of liberalism. There’s the New Deal Democratic order, but you develop this New Left, and there is a movement of liberals against big government — young liberals for reasons of self-expression, for reasons of civil rights, for reasons of this feeling that they’re being fed into a bureaucracy and giant soulless organizations and eventually into the meat grinder of Vietnam
  • older liberals who are angry about the sort of reckless growth and the poisoning of streams and the building of highways through their communities and the sort of ticky-tacky rise of these suburbs. And this predates Reagan
  • Yes, the New Left erupts on university campuses in the 1960s, and the two primary issues in the beginning are race and Vietnam. But they also quite quickly develop a critique of the established order.
  • What was called at the time the system
  • what was the system? The system was large American corporations who were no longer under control. And one reason they were no longer under control is they were being aided and abetted by a large federal state that was supposed to manage them in the public interest
  • the system was meant to identify not just the corporations who were doing ill in America, but it was meant to identify a federal state that was birthed in the optimism of the New Deal and had been corrupted. So you have this fissure within the Democratic Party itself.
  • The other element of this is this profound search for personal freedom and autonomy that was intensely felt by members of the New Left.
  • The computers were these enormous machines, mainframes, and they were seen as stultifying to human creativity. The personal computer movement was born on — as part of the New Left. Steve Jobs, Stewart Brand imagined a personal computer that would be free of the IBM mainframe, free of big corporations, big corporate power — that it would be the authentic voice of only every individual who would be using that machine.
  • It was a profound expression of a desire for personal autonomy, individuality, expressiveness — unconstrained by larger structures. This cry, or cri de coeur, came from the left. It was a very powerful part of the New Lef
  • ne can see how it might suit the purposes of a rising neoliberal order because the rising neoliberal order was also intent on deregulating, freeing individuals from the grip of large institutions and allowing them to go their own way.
  • Neoliberals believe that the best economic program is one that frees capitalism from its shackles, that allows people to truck, barter and exchange goods, that gets the government out of economic life. And the only role for government is to ensure that markets can function freely and robustly. So it runs opposite to the New Deal. If the core principle of the New Deal was: Capitalism left to its own devices would destroy itself. The core principle of neoliberalism: Remove the shackles from capitalism. That will bring us the most productive and freest world we can imagine.
  • I have a shorthand for describing the neoliberal world that was envisioned by neoliberal thinkers and brought by policymakers into existence. It’s what I sometimes call the four freedoms of neoliberalism: freedom of movement, people; freedom of goods to move across national boundaries; the free flow of information; and the free flow of capital across all boundaries.
  • In a perfect neoliberal world, people, goods, information and capital are moving freely without constraint. If we can imagine a perfect world that The Wall Street Journal wants, this would be pretty close to it.
  • I do not want to suggest for a moment that the New Left intentionally created neoliberalism. But it turned out that the cries of freedom, personal freedom, personal autonomy that were emanating from them turned out to be very conducive to the economic philosophy of neoliberalism.
  • Jimmy Carter is an heir to suspicion of excessive federal power. But I also think he’s grasping at this moment a point of transition in the American economy and a sense that government policy as set forth in the New Deal was not working as well as it should have been. I think it mattered that he was an engineer and he was doing a lot of cost-benefit analysis: What kind of yield are we getting for the bucks that we’re investing?
  • so he’s open to this fertile moment of dissent. He’s channeling new thinkers and imagining a different Democratic Party that you are correct in saying precedes Clinton by 20 years. And the key figure in this movement is a man by the name of Ralph Nader.
  • I think as I evaluate the Carter presidency, I see a man really caught in the throes of a moment of transition, able to glimpse what is coming but unable to master what is coming
  • what defines his presidency, for me, is uncertainty, vacillation and, thus, failure. He’s a classical transitional figure, more controlled by than in charge of the moment.
  • Nader is a man of the left, but he doesn’t fit in the old left or the New Left.
  • We might call him a man of the consumer left. For him, the key figure in American society was the consumer, and he wanted to champion the consumer. And his contributions — in terms of automobile safety, occupational safety, food safety — were immens
  • But he also executed a profound shift in ideology, and I’m not even sure how aware he was of the consequences of what he was generating. Because in the process of making the consumer sovereign, he deflected attention, I would say, from what was and what remains the core relationship in a capitalist economy, and that is in the realm of production and the relations between employers and employees
  • And he was reluctant, in some respects, to challenge corporate power if corporate power was serving the consumer in a good way. He anticipates, in some respects, a profound shift in antitrust policy, and the key figure in this is going to be Robert Bork in the 1980s and 1990s.
  • It had been an article of faith in American history that no corporation should be allowed to get too large, because they would inevitably exercise power in an undemocratic fashion. So antitrust meant breaking up big corporations. Under Robert Bork, the question changed. Big corporate power was OK as long as it served the consumer with cheap goods.
  • he and his supporters and his organizations deserve a lot of credit for holding the government accountable and making vast improvements in a whole host of areas — regulating the environment and other matters, regulating food — and compelling government to do the service that it does.
  • But it also distracts from understanding part of that which powers the rise of large corporations and gives them the ability to control government and capture regulatory agencies. And I think the results of his attacks on government have been ambivalent, in terms of their consequences: in some respects really accelerating the process of delivering goods to the American people and American consumers that they want but, on the other hand, contributing to an atmosphere of thinking the government can’t really do much that’s right.
  • As you move toward Reagan, certainly part of Ronald Reagan’s appeal is his anti-Communism.So how do you describe the role of the Soviet Union in this period of political time?
  • The collapse of the Soviet Union between 1989 and 1991 is one of the most stunning events, I think, of the 20th century and arguably much longer.
  • What were its consequences? First, it opened up the whole globe to capitalist penetration, to a degree that had not been available to capitalism since prior to World War I. And this generates a tremendous amount of belief and excitement and expansion and a good deal of arrogance and hubris within the capitalist citadel, which is the United States. So that’s one major consequence.
  • The second major consequence is: What does it mean for Communism no longer to exist as a threat? And what we begin to see in the 1990s is capital in America regaining the power, assurance, authority, belief in its unilateral power that it had, across the years of the Cold War, if not sacrificed, then moderated.
  • hat the Soviet Union had promised, what Communism had promised, was that private enterprise could be superseded by rational planning on the part of an enlightened set of rulers who could manage the economy in a way that benefited the masses in extraordinary ways.
  • That whole project fails, and it fails in a spectacular fashion.
  • Ronald Reagan had insisted that there was a continuum between Soviet government tyranny and what he regarded as New Deal government tyranny. They were on the same spectrum. One inevitably led to another. He and other Republicans, George H.W. Bush, the party as a whole take this as a great vindication of their core beliefs: that capitalism, which, under the New Deal, was sharply constrained, should be freed from constraint; its animal spirits allowed to soar; venture capitalists encouraged to go everywhere; investments made easy; lower taxation; let capitalists and capital drive America and the world economy, unconstrained by regulation.
  • these were the core ideas of neoliberals, which have been incubating for decades. And now suddenly these ideas seem to be vindicated. This is the moment of free market triumph.
  • it intersects in a very powerful way with the ongoing I.T. revolution, which is also bound up with the Soviet Union’s collapse. Because the Soviet Union was very hostile to the personal computer because it required a degree, at that time, of personal freedom that the Soviet Union wasn’t willing to allow what the I.T. revolution represented in the 1990s. And this is one of the reasons that Democrats get on board with it. What it represented was a belief that market perfection was now within human grasp, that there may have been a need for strong government in the past, because knowledge about markets was imperfect, it was limited, it took time for information about markets to travel, a lot of it was wrong, not enough of it was available instantaneously.
  • Well, suddenly in the 1990s, you have this dream, this vision of all economic knowledge in the world being available at your fingertips instantaneously and with a degree of depth and a range of statistics and figures that had been unimaginable, and a techno-utopianism takes hold
  • it’s the intersection of these two vectors — a sense that the collapse of the Soviet Union vindicates free market thinking and the I.T. revolution — that allows people to think market perfection is within our grasp in ways it never has been before, that pours fuel on the fire of neoliberal free market thinking.
  • You described Bill Clinton as the Dwight D. Eisenhower of neoliberalism. What do you mean by that, and what are some of the, for you, core examples?
  • When Bill Clinton was elected in 1992, no Democratic U.S. president had been elected since 1976. Sixteen years is an eternity in electoral politics in the United States. And the question becomes: Will he roll back the Reagan revolution of the 1980s — massive efforts at deregulation — or will he follow a path that Dwight Eisenhower followed in the early ’50s?
  • Clinton, in the beginning, is a little uncertain about what he is going to do. And he has some ambitious proposals in his first two years — most notably a vast program of national health insurance, which crashes spectacularly.
  • And then he gets punished for that venture severely in the 1994 congressional elections, which bring Newt Gingrich and a very right-wing group of Republicans to power — the first time that Republicans control both houses of Congress since 1952. It’s a huge achievement for the Republicans
  • Clinton reads that moment as signifying that the older Democratic Party of the New Deal, of Franklin Roosevelt and Lyndon Johnson, really had to be reworked and revamped.
  • the only way for him to win re-election, and the only way for the Democrats to hold on to national power and to regain it in Congress in 1996, is for him to acquiesce to some core Reaganite beliefs. And at the center of the Reaganite project was deregulation — which is a code word for getting the government out of economic affairs or curtailing government power.
  • Archived clip of President Bill Clinton: We know big government does not have all the answers. We know there’s not a program for every problem. We know and we have worked to give the American people a smaller, less bureaucratic government in Washington. And we have to give the American people one that lives within its means. The era of big government is over.
  • so Clinton signs off on the Telecommunications Act of 1996, which effectively deregulates the burgeoning I.T. sector of the economy, makes possible an unregulated internet. He signs off on the repeal of the Glass-Steagall Act in 1999.
  • The Glass-Steagall Act had divided investment from commercial banking and had imposed a kind of regulation on Wall Street that brought an end to the crazy speculation that had brought about the Great Depression in the first place. It was a core principle of the New Deal
  • He does not seek to revive the Fairness Doctrine, in terms of regulating public media, which had guided successive Democratic administrations: the idea that if a news outlet put out one side of a debate on a policy matter, they were obligated to give the other side equal access.
  • He becomes an advocate of deregulation and, in some respects, pushes deregulation further than Reagan himself had been able to do. And in that sense, he acquiesces to some of the core principles of the Reagan revolution rather than seeking to roll them back, and it is in that respect that I think it’s appropriate to think of him as a Democratic Eisenhower.
  • what one remembers most about those battles is how much Clinton and Newt Gingrich hated each other’s guts. And they were seen as being polar opposites.
  • Clinton, the representative of a New Left America: cosmopolitan, open to the liberation movements, looking for new ways of creating a new and diverse America, embracing sexual liberations — his embrace of gay rights was somewhat limited but still significant. Newt Gingrich, on the other hand, representing traditional Victorian America, wanting to reassert the patriarchal, heterosexual family, men at work, women in the home, religious.
  • one of the surprises, to me, in working on this book, because I remember those days very well, was the degree to which they worked together — on telecommunication, on reform of Wall Street, on welfare.
  • Clinton would claim, and his defenders would claim, that he was triangulating. He was trying to make the best of a bad deal, that popular opinion was running with free markets, was running with the Republicans. And to some extent, that was true.
  • the lesson that I draw from that moment is that one must refrain from always getting sucked into the daily battles over cultural issues.
  • “cosmopolitanism.” Something that was fresh, to me, in your book was this argument that in neoliberalism, you’re looking at more than just what we typically think of it as, which is an economic theory. You argue that there is a moral ethic that came alongside it, that is part of it. You talk about it as, at various times, cosmopolitan, individualistic. Tell me about it.
  • “Neoliberalism” is often defined, as you say, simply as being about markets and freeing them up
  • And “neoliberalism” is also defined as something that’s profoundly elitist in orientation, and it’s a device and an ideology used by elites to implant market ideology on a society in ways that deepens economic inequality and has the ability to strangle the democratic rights of the masses.
  • I also say that in America, it had a profound popular base. Reagan was an enormously successful president, and by “success,” I mean he was able to excite the imagination of majorities of American voters, and his core message was freedom.
  • half the time he meant freedom in terms of a free enterprise economy, but the other half of the time he meant freedom in terms of giving individuals the autonomy to go their own way.
  • he was not a fan of the liberation movements of the ’60s. But when Clinton becomes president in the 1990s, he has a profound connection to those liberation movements of the 1960s — to feminism, to sexual liberation, to civil rights.
  • he detects in a world in which everyone can travel to wherever they want to go. He valorizes immigrants. He valorizes diversity. These are all values that are profoundly compatible with the neoliberal vision. The opportunity to travel anywhere, to seek out personal adventure, to seek out different cultures.
  • This is a world that neoliberalism makes possible, and it’s a thrilling moment for many people who have the opportunity either to mix in the world of American cities, which have filled up with immigrants, or to travel abroad and experience other cultures.
  • A single global marketplace enables and encourages the kind of cosmopolitanism that people on the left-center side of the political spectrum in America have so deeply valued.
  • you locate the end of this era in the financial crisis of 2008 and 2009. Why?
  • The promise of neoliberalism was that it would lift all boats. There was an acknowledgment about those who were freeing the energies of the market economy that it would probably increase inequality, the distance between the rich and the poor, but that the increase in inequality wouldn’t matter because the forces of production that would be unleashed on a global scale would be so powerful and so profound that everybody would have more and everybody would have a better life.
  • And what the 2008-9 financial crisis exposed was first a lot of the market freedom that neoliberalism had unleashed had led to corrupt banking and financial practices that had brought the world to the edge of financial abyss of unimaginable proportions. We ended up skirting that abyss — but not by a lot.
  • on the other hand, it brought into view a sense of how profoundly unequal the access to power was under the neoliberal regime. And here it’s not so much the financial crash itself but the nature of what governments did to promote recovery from the financial crash.
  • The object in the U.S. and also in Europe became to save the banks first. The culprits of this financial crisis were the ones who were bailed out first. If you were an American in 2009, 2010, 2011, who had assets in the stock market, you had pretty much recovered your position by 2011, 2012. If you were not one of those fortunate Americans and you were living week to week on a paycheck, your recovery did not occur.
  • You didn’t reach pre-2008 levels until 2016, 2017, 2018, and people understood, profoundly, the inequality of recovery, and it caused them to look with a much more scrutinizing gaze at the inequalities that neoliberalism had generated and how those inequalities have become so embedded in government policy toward the rich and the poor.
  • one of the identity crises in the Republican Party — one reason the Republican Party is not held together better — is that the Soviet Union was fundamental to what made its various factions stay in place. And it was also, I think, fundamental to what kept the Republican Party, which at its core has a real anti-government streak, committed in any way to real government.
  • hen I think there’s a sort of casting about for another enemy. I think they end up finding it after 9/11, or think they have, in what they try to turn into global jihadism, and then it falls apart — both as the antagonist and as a project and just feels to me like another part of the sort of wreckage of this period that opens a way for something new.
  • That new thing, I think, is more Donald Trump than it is anything else.
  • I think it discredits what had been a core project of the Republican Party, which was to spread market freedom everywhere. When I teach the Iraq war, I tell my 20-year-old students that this is the worst foreign policy mistake in U.S. history, that it’s going to take the U.S. and the world 50 years to recover from. And it’s imbued with a neoliberal hubris that everyone in the world is simply waiting for the wonders of a market economy to unleash, to be unleashed upon them.
  • OK, if that era ended, what is being born?
  • there’s also new zones of agreement that have emerged. When I think about the way I covered politics in 2010, the legitimacy of elections could be taken for granted, and the legitimacy of the Affordable Care Act could not.
  • I think it’s useful in this moment of acute polarization to look at some of what lies beneath the polarization.
  • you’re right: On a series of issues there are intriguing conversations going on between Democrats and Republicans. China and tariffs are one area of agreement.
  • Ironically, immigration is becoming another area of agreement, regardless of who wins the election. One can imagine that the bill agreed to in the Senate late in 2023 could easily be implemented in some form.
  • here is an area of convergence on antitrust. Josh Hawley and Lena Khan seem to like each other and are finding some common ground on that. And the national security hawks in the G.O.P., people like Marco Rubio and Mitch McConnell, have converged with what we might call the industrial policy doves in the Democratic Party — people like Bernie Sanders — on the importance of reshoring critical sectors of manufacturing and on improving in dramatic ways the nation’s infrastructure.
  • we can see here a new political economy taking shape, one that breaks with the central principle of neoliberalism, which is that markets must lead and the only role for a state is to facilitate markets.
  • another element of that, which has been crucial to the ideological reorientation, is a new understanding of the relationship of free markets to democracy.
  • for the longest period of time, Americans and Europeans were willing to give China a blank check on their democracy, or on their violations of democracy, because of the belief that if market freedom and capitalist practices set down deep enough roots in China that people with economic freedom would want to add to that political freedom and that democracy would begin to flourish and that the Communist Party that rules China would either have to profoundly reform itself or see itself ushered from the political stage.
  • It’s hard to convince people now of how deeply rooted that belief was. No one in the Democratic or Republican Parties believes that anymore, and that has intensified the fear along with this “Oh, my God” sense that China is not simply producing ordinary goods. It’s producing very sophisticated goods. It’s cornering markets on electrical vehicles and batteries and solar panels that seemed unimaginable 15 or 20 years ago. And it has had the effect of profoundly shocking both parties.
  • that has completely transformed and the word “protectionism” is not being used because it’s such a negative term, but the sentiments that lie behind protectionism, which might be described more positively as fair trade, are profoundly with us and shape conversation about U.S. economic relations with China every day of the week.
  • So the change has been profound in both parties, and one of the surprises of the Biden administration, although in retrospect, it’s not so surprising, given the Biden administration’s commitment to industrial policy, is the continuity we see between Trump tariffs and Biden tariffs.
  • hey’ve also come, in many cases, to the view that we should have much more industrial policy: the sense that if you leave it to the market, China might, by using the government to foster and supercharge certain kinds of market pursuits in China, just lap us. I think it’s become the dominant view in both parties.
  • I would agree with that, although I think the Republican Party is probably more deeply split on this than the Democratic Party is. The Democratic Party arranged another kind of grand compromise between the left, represented by Bernie Sanders, and the center, represented by Joe Biden, which led to a profound commitment symbolized by Build Back Better, a $5 trillion project that was going to insert industrial policy into the heart of government economic relations in a way that marks the Biden administration as profoundly different from his Democratic predecessors, both Obama and Clinton.
  • I think the Republican Party does not have agreement on that to the same degree. And one of the interesting things to watch if Trump wins is how that internal fight in the Republican Party works itself out.
  • So the sort of ideological strain in the Republican Party that JD Vance is part of, this sort of more populist dimension of it: What they see markets and, particularly, free trade and trade with China and immigration as having violated is the strength of communities and families. They look around, and they see broken communities, hollowed-out communities.They see families where the male breadwinners have lost their jobs and lost their earning power, and so they’re not getting married, and there are divorces, and there are too many single-parent families
  • on the Democratic side, I think there’s some of the same views. There’s a lot of broken communities.
  • a huge part participant in this ideologically is climate change: the sense that markets would happily make people rich by cooking the planet. The market doesn’t know if the money is coming from, the profit is coming from, burning oil or laying down solar panels. And so once again, that some goal actually does need to be set. Markets can maybe serve our goals. They can serve our vision, but they can’t be assumed to get what we want right in the world.
  • And so the sense on both parties that you actually do need to define goals and define vision and that, ultimately, that is going to have to happen through government setting policy and making decisions — the primacy of that kind of dialogue now, the degree to which the first conversation is: What are we trying to achieve? That does feel different.
  • that speaks to the decisive nature of the election of 2016, which we will see the longer we get from it as a decisive inflection point, as really marking the end of the neoliberal order
  • It doesn’t mean that suddenly there are no more advocates of strong free markets. I think one of the questions now and one of the key questions for the Republican Party is: Can they get serious about this?
  • It requires them to have a serious program of political economy in a party that has lacked direction on political economy for quite some time.
  • You describe the sort of neoliberal era as bringing this much more cosmopolitan view of ethics, of morals and of America’s relationship with the world — a more sort of urbanist view. There’s a lot of connections between what it means to live in New York and to live in London and to live in Tokyo and to live in Hong Kong.
  • JD Vance is a good example of this — are much more skeptical of the individualistic moral structure that dominated here and that Republicans, for all the influence of the Christian right, largely left untouched.
  • it’s actually very complicated in both parties because Donald Trump is himself such a poor vehicle for a return of traditionalist virtue. But there is something happening here, a sort of questioning of not just government policy and industrial policy but: Did all this individualism work? Is a world where kids are on their smartphones all the time and families are having this much trouble — and did we get something more fundamental, almost spiritual, wrong?
  • he concern about the moral fiber of the American people is not new in the Republican Party. That goes back to Jerry Falwell, to some of the ministers who became popular in the 1990s and calling America back to moral virtue and identifying enemies of God.
  • The new element is a sense that one has to connect that concern for this kind of morality to a serious program of political economy, that it’s not enough simply to call on people to be virtuous.
  • t serious conservatives have to find a way to rebuild the economic foundation that lies at the root of so much immorality and so much despair in American life.
  • If that develops enough of a base in the Republican Party, then there becomes an opportunity to talk with Democrats about that, about family welfare, about the welfare of children, about creating institutions, both economic and social, that have the capacity to sustain communities in ways in which they have not been sustained.
  • There are some issues that run so deeply on questions of morality between Republicans and Democrats, it’s hard to see how they can find common ground. And probably the most important of these is on the question of abortion and reproductive rights. And to the extent to which JD Vance and his associates take their stand on this issue, the possibilities for developing a conversation about morality with liberals and Democrats are going to be very, very slim, indeed.
  • the things that I think would have once been framed in terms of Christianity are now framed in terms of classical virtue. There’s a sort of rediscovery of the Stoics, not the early Christians.
  • there’s something here where — obviously, efforts to remoralize America are not new — but this idea that we have gone wrong in modernity by becoming so individualistic seems to be gathering a fair amount of force.
  • My read of it is that the Christian right is just too weak and not sufficiently appealing to be the vehicle for it. And so these other aesthetic and ancient containers are being searched for, but there is some kind of pushback happening
  • I think you see a lot of interest among people in both parties around some of these tech regulations. But I think of that as sort of fundamentally moralistic.
  • he Christian right has become somewhat contaminated by its blind adherence to Trump and by its too great a willingness to plunge into politics with any messenger, no matter what moral qualities they’re exhibiting.
  • That there is a movement among conservatives to step back from that and to ground their morality in something deeper, more widespread, something that can appeal to a greater cross-section of Americans, regardless of whether they go to church or not
  • If there is a moral awakening underway that is not tied to instrumentalizing churches for strictly partisan purposes, which is one way of describing evangelicalism in the last 20, 25 years, then that would be new.
  • Sarah Igo, “The Known Citizen” — very different kind of book — “A History of Privacy in Modern America.” We’re talking about morality, we’re talking about community, and of course, social media has put the question of privacy and what constitutes privacy and what’s private and what’s public — such an urgent question in understanding America. And she gives us a wonderful hundred-year overview of how Americans in almost every generation have redefined the boundary between private and public, and I found that extremely useful in thinking about where America is at in the 21st century.
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