Hegseth Says Not Giving the Pentagon $1.5 Trillion Is the ‘Greatest Threat’ Facing the US

Ed Dowd: The AI Game Of Thrones Authored by Ed Dowd: Beyond the Narrative via Substack, Winter is coming for the AI industry, and the great houses are already drawing swords On one side sit OpenAI and Anthropic, wrapping themselves in the banner of "safety"...House Monopoly. On the other sit the accelerationists including David Sacks, President Trump, and a growing faction that wants the pathway cleared, not blocked...House Speed Racer. The fight is being sold as existential risk versus national destiny. This is a battle for power, money, and control. The average citizen is not at...

Death Of Europe's Industrial Base: VW CEO Set To Announce 50,000 Job Cuts Europe's industrial demise has become impossible to ignore. The continent's automotive manufacturing base is being hollowed out by high energy costs, regulatory pressure, and a flood of cheap Chinese electric vehicles, with Germany, once Europe's industrial powerhouse, emerging as the epicenter of this terrible decline. Germany's largest manufacturer by revenue is Volkswagen Group, whose CEO, Oliver Blume, is warning employees that the coming weeks will be critical as Europe's largest automaker prepares to detail the most extensive restructuring...

AI Tax Increases Are Like The Tractor Tax Proposals Of Old Authored by Bruce Thompson via RealClearMarkets, President Ronald Reagan famously described Washington politicians' solutions to every problem as "if it moves, tax it." That is exactly what many in Washington today want to do with artificial intelligence. As Wall Street Journal chief economic commentator Greg IP wrote recently, a growing number of experts believe there is "a simple answer to AI job losses." Tax it. His column described a petition signed by 1,000 economists, including 17 Nobel laureates, pleading for higher...