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Category: Technology

The major technology companies are eating themselves alive

The major technology companies are eating themselves alive

Mihir A. Desai writes: Nvidia, the much-beloved creator of the next generation of A.I. chips whose stock was crushed on Monday, gets almost half of its revenue from its siblings in the Magnificent 7 [Microsoft, Apple, Amazon, Nvidia, Tesla, Meta and Alphabet]. In 2022, Google paid Apple $20 billion for the privilege of being the default search engine on Safari, according to unsealed court documents, and therefore very likely accounts for around 20 percent of Apple’s profit. Meta employs Amazon…

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What to make of China’s suddenly popular DeepSeek AI model

What to make of China’s suddenly popular DeepSeek AI model

Matteo Wong writes: One week ago, a new and formidable challenger for OpenAI’s throne emerged. A Chinese AI start-up, DeepSeek, launched a model that appeared to match the most powerful version of ChatGPT but, at least according to its creator, was a fraction of the cost to build. The program, called DeepSeek-R1, has incited plenty of concern: Ultrapowerful Chinese AI models are exactly what many leaders of American AI companies feared when they, and more recently President Donald Trump, have…

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Does the DeepSeek AI advance mark a global technology tipping point?

Does the DeepSeek AI advance mark a global technology tipping point?

Deepseek R1 is AI's Sputnik moment. — Marc Andreessen 🇺🇸 (@pmarca) January 26, 2025 The New York Times reports: Advances in artificial intelligence by Chinese upstarts rattled U.S. markets on Monday, with the threat of greater competition prompting a slide in shares of the biggest technology companies. The Chinese A.I. company DeepSeek has said it can match the abilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies rely on. That’s prompted investors…

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Sweden suspects ‘gross sabotage’ after damage to communications cable under Baltic Sea

Sweden suspects ‘gross sabotage’ after damage to communications cable under Baltic Sea

The New York Times reports: The Swedish authorities on Monday boarded a ship in connection with what they described as “gross sabotage” after an undersea communications cable in the Baltic Sea was damaged a day earlier. The ship was escorted to the coast of Sweden for an investigation, the authorities said. “We suspect that a serious act of sabotage was committed in the Swedish economic zone yesterday,” Mats Ljungqvist, the Swedish prosecutor leading the investigation into the damage, said in…

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Leaked documents expose deepening ties between Israeli army and Microsoft

Leaked documents expose deepening ties between Israeli army and Microsoft

Yuval Abraham reports: Microsoft has a “footprint in all major military infrastructures” in Israel, and sales of the company’s cloud and artificial intelligence services to the Israeli army have skyrocketed since the beginning of its onslaught on Gaza, according to leaked commercial records from Israel’s Defense Ministry and files from Microsoft’s Israeli subsidiary. The documents reveal that dozens of units in the Israeli army have purchased services from Microsoft’s cloud computing platform, Azure, in recent months — including units in…

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The tech broligarchs dark vision for the new Trump term

The tech broligarchs dark vision for the new Trump term

Sigal Samuel writes: There’s a dominant narrative in the media about why tech billionaires are sucking up to Donald Trump: Elon Musk, Mark Zuckerberg, and Jeff Bezos, all of whom have descended on the nation’s capital for the presidential inauguration, either happily support or have largely acquiesced to Trump because they think he’ll offer lower taxes and friendlier regulations. In other words, it’s just about protecting their own selfish business interests. That narrative is not exactly wrong — Trump has…

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Trump launches meme coin. Rakes in over $25 billion in value overnight

Trump launches meme coin. Rakes in over $25 billion in value overnight

Politico reports: President-elect Donald Trump late Friday launched a cryptocurrency token that exploded in value overnight, potentially increasing his net worth by tens of billions of dollars on paper just days before he is set to be sworn in as president. Trump launched the so-called memecoin — a digital token with no intrinsic real-world value that is traded on a digital ledger technology called blockchain — with posts on his social media site and X after 9 p.m., prompting the…

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How Stephen Miller has become one of the most powerful unelected people in America

How Stephen Miller has become one of the most powerful unelected people in America

The New York Times reports: When Stephen Miller met with Mark Zuckerberg at Mar-a-Lago late last year, the 39-year-old Trump adviser was in a position of power that would have been unimaginable a decade ago. Back then, Mr. Miller was a mere Senate staffer railing about the evils of immigration. Now he was holding forth on U.S. policy with the billionaire chief executive of Meta, a man he had vilified for years as a globalist bent on destroying the nation….

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A euphoric tech industry is ready to celebrate Trump and itself

A euphoric tech industry is ready to celebrate Trump and itself

The New York Times reports: A party at the Beaux-Arts mansion of the venture capitalist Peter Thiel. A blowout organized by hosts of the popular tech podcast “All-In” at a brand-new members-only club. A viewing ceremony hosted by an ascendant, Silicon Valley-inflected network of wealthy donors. Some of the most coveted parties during President-elect Donald J. Trump’s inaugural weekend will be hosted by the Silicon Valley donors who are flush with power at the dawn of his second administration. The…

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Increased AI use linked to eroding critical thinking skills

Increased AI use linked to eroding critical thinking skills

Phys.org reports: A study by Michael Gerlich at SBS Swiss Business School has found that increased reliance on artificial intelligence (AI) tools is linked to diminished critical thinking abilities. It points to cognitive offloading as a primary driver of the decline. AI’s influence is growing fast. A quick search of AI-related science stories reveals how fundamental a tool it has become. Thousands of AI-assisted, AI-supported and AI-driven analyses and decision-making tools help scientists improve their research. AI has also become…

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Tech coup: How Elon Musk has secretly recruited Silicon Valley executives to infiltrate the U.S. government

Tech coup: How Elon Musk has secretly recruited Silicon Valley executives to infiltrate the U.S. government

The New York Times reports: An unpaid group of billionaires, tech executives and some disciples of Peter Thiel, a powerful Republican donor, are preparing to take up unofficial positions in the U.S. government in the name of cost-cutting. As President-elect Donald J. Trump’s so-called Department of Government Efficiency girds for battle against “wasteful” spending, it is preparing to dispatch individuals with ties to its co-leaders, Elon Musk and Vivek Ramaswamy, to agencies across the federal government. After Inauguration Day, the…

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A nickel rush threatens Indonesia’s last nomadic tribes and its forests, fishermen and farmers

A nickel rush threatens Indonesia’s last nomadic tribes and its forests, fishermen and farmers

Garry Lotulung writes: Deep in the backcountry here, Sumean Gebe, 42, lives with Bede Yuli, 39, and his two children in the forest around Dodaga Village, about four hours by road from the capital of North Maluku Province. Every so often, they’ll move to a different forest. “We have been like this since we were little,” he said. “Usually we will make a bivouac [a temporary shelter] with a roof of palm leaves and tarpaulin. We are comfortable living there.”…

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Trump will unleash a crypto frenzy that endangers the whole of the financial system

Trump will unleash a crypto frenzy that endangers the whole of the financial system

Annie Lowrey writes: “The countdown clock on the next catastrophic crash has already started,” Dennis Kelleher, the president of the nonprofit Better Markets, told me. In the past few weeks, I have heard that sentiment or similar from economists, traders, Hill staffers, and government officials. The incoming Trump administration has promised to pass crypto-friendly regulations, and is likely to loosen strictures on Wall Street institutions as well. This will bring an unheralded era of American prosperity, it argues, maintaining the…

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Elon Musk is getting involved in European politics to serve his business interests

Elon Musk is getting involved in European politics to serve his business interests

Malcolm Ferguson writes: Elon Musk wants to be the Italian government’s sole telecommunications provider. The billionaire’s SpaceX company is closing in on a $1.6 billion security contract after Italian Prime Minister Giorgia Meloni visited Donald Trump’s Mar-a-Lago estate on Saturday. The Italian government promises that Meloni didn’t talk to Musk about the deal while she was there. If enacted, Musk’s SpaceX would supply Italy with encryption services for government and military use. “Ready to provide Italy the most secure and…

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AI is costing American renters over $3.6 billion annually, according to new report

AI is costing American renters over $3.6 billion annually, according to new report

Judd Legum writes: The property management software used by many corporate landlords, RealPage, is deploying AI to artificially inflate rental prices in the United States by more than $3.6 billion annually, according to a new report by the White House Council of Economic Advisers (CEA). RealPage, owned by the private equity firm Thoma Bravo, includes a tool called “AI Revenue Management” that provides recommendations for rental prices based on data from competitors. The feature, according to the CEA, the Department…

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