Liz’s view AI is going to make a lot of things a lot cheaper. But not all goods want to be cheap. They’re called Veblen goods — products whose demand increases alongside their price. The canonical examples are handmade luxury items like Hermès bags. AI is likely to have limited ...
Global tech rout hits AsiaGlobal tech rout hits Asia
The tech stock rout stretched into a second day and spread globally following a dramatic dip on Wall Street on Monday. South Korean stocks took the biggest hit, with Samsung Electronics and SK Hynix each plunging by more than an eye-popping 12%. Analysts are once again pointing a finger at ...
Mamdani makes a big bet on Democratic socialismMamdani makes a big bet on Democratic socialism
The News NEW YORK — Mayor Zohran Mamdani is ineligible to run for president, but he’s still picking a fight over the future of the Democratic Party. It starts with three deep-blue House Democratic primaries on Tuesday that Mamdani has thrown himself into. He’s backing state Assemblywoman Claire Valdez, former ...
Alan Greenspan’s ‘unexpectedly charming’ memoirAlan Greenspan’s ‘unexpectedly charming’ memoir
by Alan Greenspan. The former US Fed chair died this week, aged 100. He advised presidents from Richard Nixon to George W. Bush. This 2007 book was “the most unexpectedly charming Washington insider memoir” in a decade, according to The New York Times, both the life story of “a saxophone-playing ...
Department of Homeland Security will allow Iran to travel to US early for World Cup matchDepartment of Homeland Security will allow Iran to travel to US early for World Cup match
Iran will be allowed into US 48 hours before crucial game Team Melli have complained about travel conditions The US Department of Homeland Security (DHS) says it will grant Iran extra time to prepare for their World Cup match against Egypt on Friday. The team had planned to lodge an ...
A scientist says he can scan prisoners’ brains for signs of evil. Did his disputed science put a man on death row?A scientist says he can scan prisoners’ brains for signs of evil. Did his disputed science put a man on death row?
Kent Kiehl convinced the US legal system he can find violence in prisoners’ brains. His theories have been since used by defense lawyers – with grave consequences for prisoners Continue reading… ...
Wikipedia Cofounder Larry Sanger Banned From Site for ‘Canvassing’Wikipedia Cofounder Larry Sanger Banned From Site for ‘Canvassing’
Larry Sanger, one of Wikipedia’s cofounders, was banned from editing the site indefinitely after other editors determined he was canvassing, or in other words, calling on his followers off platform in order to influence Wikipedia’s content. Sanger has spent more than a decade criticizing Wikipedia for what he claims is ...
Libraries Not Doing Pride Displays Say They ‘Shouldn’t Be Judged’Libraries Not Doing Pride Displays Say They ‘Shouldn’t Be Judged’
This story was reported with support from the MuckRock foundation. Around this time last year, Rachel Rodman was happily employed as a library clerk and program assistant with the Crawford County Library District in the east-central part of Missouri. Rodman didn’t think anything of the display she curated for Pride ...
Madison Square Garden Made Dossier on Activists Who Opposed Facial RecognitionMadison Square Garden Made Dossier on Activists Who Opposed Facial Recognition
Madison Square Garden compiled a list of activists who have publicly criticized the venue’s use of facial recognition technology, putting their tweets and comments into a document that was then accessible to other people inside the company, 404 Media has found. The news shows that MSG, operated by Jim Dolan ...
From cool-down spots to chalk on windows – how Europe is coping with the heatFrom cool-down spots to chalk on windows – how Europe is coping with the heat
People across the continent are taking measures to cope with the searing temperatures gripping Europe. ...