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As Elon Musk, Peter Thiel and their peers have grown richer and more influential, Gil Durán argues they have all but abandoned democracy – and found the perfect government to enable themIn April, Gil Durán was permanently banned from Elon Musk’s X for posting just two words. Durán was responding to a post from the […]
Newly minted rich and those anticipating huge IPOs are fueling buying and charter spree in the private jet sectorSign up for the Breaking News US newsletter email Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for
SpaceX and AI startup wealth fuels demand for private jets Read More »
Ultrarich face backlash as billionaire tax in California makes it to the ballot and Americans organize for higher wagesThe day that Elon Musk became the world’s first trillionaire, Gilberto Rubio, a security officer in the San Francisco area, said he was thinking about how to cut back on meals to save money.Jessica Ordeñana, a bartender
Americans’ financial futures are about to tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this?Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever
State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcareA battle is brewing in California over a plan to tax billionaires – with tech titans divided over whether they should pay up, or flee the state.Under a tax proposal that could be put to voters this
Tech titans divided over whether to pay billionaire tax or flee California Read More »
From datacenters to AI, we’ll be keeping our eye on the technology that will be shaping your life in the coming yearHello, and welcome to TechScape. I’m your host, Blake Montgomery, wishing you a happy New Year’s Eve filled with cheer, champagne and Mariah Carey’s comically awful rendition of Auld Lang Syne.Today, we’re looking forward
Anja Cradden proposes ways of managing tech companies before we reach crisis point. Plus letters from Mike Scott and Gerry Rees “When the AI bubble bursts, humans will finally have their chance to take back control”, says the headline on Rafael Behr’s article (23 December). I think it’s more likely that when the AI bubble
We must take control of AI now, before it’s too late | Letters Read More »
