Showing posts with label AI tech oligarchs. Show all posts
Showing posts with label AI tech oligarchs. Show all posts

Saturday, August 29, 2026

Tech backlash reaches fever pitch as AI angst collides with social media fears; CNBC, August 29, 2026

Ashley Capoot , CNBC; Tech backlash reaches fever pitch as AI angst collides with social media fears

"The rapid rise of artificial intelligence giants like OpenAI and Anthropic has exacerbated a deep malaise toward the tech sector, especially among people who have come to associate AI with job loss and now see outsized data centers rising up in their backyards. The last generation of technology, meanwhile, ushered in a cohort of social media apps that proved so addictive that Meta agreed to fork over up to $17 billion as part of a landmark settlement this week.

At a time of stubbornly high inflation that’s pushed consumer confidence to a seven-month low, Americans are looking up to see tech’s trillion-dollar companies getting bigger and more powerful, all while being led by some of the wealthiest people on the planet.

“If this technology takes off in the way that you see the CEOs of AI Labs talking about, we’re facing a significant impact to our economy, to people’s jobs, to their sense of agency,” Sarah Myers West, co-executive director of research firm AI Now Institute, told CNBC in an interview. “There are lots of members of the public that don’t want to see that vision roll out.”

More than half of Americans say they’re more concerned than excited about the growing use of AI in daily life, according to a recent report from the Pew Research Center. That’s up from 37% in 2021. And in a poll earlier this year, the Searchlight Institute found that the overwhelming majority of voters believe social media has a negative impact on society."

Monday, August 24, 2026

Data centers’ ‘oh s--t’ moment; Politico, August 24, 2026

 GABBY MILLER and  OWEN DAHLKAMP, Politico; Data centers’ ‘oh s--t’ moment

"The intensifying late-summer backlash against data centers is inspiring panic among some corners of the tech sector — amid fears that the industry is mishandling a political crisis that will stretch into 2028 and beyond.

Those worries have deepened in recent weeks as politicians across the political spectrum embraced various curbs on data center construction, with Republican Texas Gov. Greg Abbott, potential Democratic White House hopeful Josh Shapiro and Michigan GOP Senate nominee Mike Rogers being among the latest to sign on...

“AI is going to be a massive issue for the presidential election in a way that technology has never been an issue,” a representative from a major AI company told POLITICO, adding: “Nobody wants to lose their job and they’re already feeling squeezed while these very, very rich people who are richer than anything we have ever seen in the history of Earth are making more. And I think people are sick and tired of that.”...

The swiftness and ferocity of the backlash has caught the tech industry on the backfoot, where it’s struggled to find an effective message that assuages voters’ worries that data centers will raise their power bills, hog their water supplies and blight the landscape. One result is the growing, bipartisan push for temporary moratoriums on data center construction, a cause that just months ago was mainly associated with progressive outliers like Sen. Bernie Sanders (I-Vt.).

The split inside the tech world is not hard to find.

“Some are viewing it as an ‘oh shit’ moment,” an AI industry advocate told POLITICO. “Others are brushing it off like it’s nothing, and those people have to get their heads out of their asses. This could go south for them, fast.”"

Why Silicon Valley’s Vision of the AI Future Should Worry You; Time, August 24, 2026

 Liz Bucar, Time; Why Silicon Valley’s Vision of the AI Future Should Worry You

"Everyone has a vision of the ultimate future, some picture of what the world looks like at its best (or worst), and whether that future is even reachable. In religious studies, we call this an “eschatology.” 

Eschatology isn’t just the Book of Revelation or the Rapture. The Greek meaning of eschaton is “last things,” and today the word captures the set of beliefs a person holds about where things are headed and what that implies for the present. 

You don’t have to be religious to have an eschatology. Political optimism is an eschatology, whatever side you’re on. Zohran Mamdani, a democratic socialist,thinks the future is something we build our way toward with free childcare and buses. Stephen Miller, one of the architects of the current immigration crackdown,thinks it’s something we had and lost, but can get back through sealing the border and mass deportations. Neither one just describes the future. Both are telling you what you’re obligated to do about it right now. In other words, your eschatology shapes your ethics, because what you believe is coming determines what you feel obligated to do today."

Thursday, August 20, 2026

A new force is increasing inequality in America; The Washington Post, August 20, 2026

, The Washington Post; A new force is increasing inequality in America

Evidence is mounting that artificial intelligence is helping the richest people and cities pull further ahead.

"Sam Altman, the chief executive who unleashed ChatGPT on the world, has called artificial intelligence an “equalizing force” that will “collectively lift us all up.”

But evidence is piling up that the AI boom may instead be widening the gap between America’s economic aristocracy and everyone else.

Data shows that the people making the most use of AI are concentrated in richer urban areas, while disadvantaged regions have lagged behind. Affluent Americans are on a spending spree thanks to investment portfolios fattened by an AI-addicted stock market. And some economic experts are warning that AI could widen the income gap between American workers and business owners that has caused anxiety for a decade."

Tuesday, May 19, 2026

Why College Grads Are Booing Their Commencement Speakers; The New York Times, May 18, 2026

MICHELLE GOLDBERG , The New York Times; Why College Grads Are Booing Their Commencement Speakers

"One recent report found that only 18 percent of Gen Z-ers feel hopeful about A.I., and almost half say the risks outweigh the benefits. Politicians with followings among young people — including Bernie Sanders and Alexandria Ocasio-Cortez on the left and James Fishback on the right — are calling for moratoriums on data centers. A.I. is increasingly a pop culture villain. “The people who make this stuff are losers,” said the comedian Hannah Einbinder, star of HBO’s “Hacks,” a show that has put hatred of the technology at the center of its current season. There have even been some high-profile acts of anti-A.I. violence, including a Molotov cocktail hurled at the home of OpenAI’s chief, Sam Altman.

As Americans rebel against A.I., the industry’s oligarchic leaders are responding by trying to buy even more political influence, pouring money into super PACs and lobbying. Groups supporting A.I. and crypto, Politico reported this month, “are already becoming the most dominant players on the political battlefield, spending heavily for candidates on both sides of the aisle and in some cases rivaling the fund-raising of long-established party groups.” The irony is that the industry’s attempts to game the democratic system are a big part of its deep unpopularity."