Unions, not governments, are the front line of real world AI regulation.
NEWS: SoFi Stadium cashiers, dishwashers, cooks, bartenders, concessions workers, and food attendants voted 96% to authorize a strike, just a week out from when the stadium is set to host its first World Cup game www.huffpost.com/entry/unite-...
I’ve been somewhat ambivalent about this but I think on balance this view is correct. Equity stakes are a costly and roundabout way for the public to exercise authority over businesses - much better to just tax and regulate them directly.
Meritocracy is a myth.
www.hamiltonnolan.com/p/brutal-opp...
Good piece in The Guardian today making a similar point about what happens when you make the government or the public think like an investor: "the fiduciary duty to generate wealth overwhelms any intention to direct their corporate holdings in the public interest."
Gets to many of my concerns with this proposal.
We don’t need a public stake in a multi-trillion dollar toxic asset. Public investment/ownership has to come with serious conditions — and that’s not the version of this paradigm that Trump and the tech companies are warming up to.
Thousands of cooks, dishwashers, concessions workers, bartenders and servers at SoFi Stadium are threatening to picket, citing insufficient pay, erosion of jobs, and plans for ICE to be at the games.
There are two big drawbacks to Bernie Sanders' plan to take stakes in AI companies to create a sovereign wealth fund:
1. We don't need a sovereign wealth fund.
2. You are going to make normal people view themselves as investors in AI companies, which is bad.
www.hamiltonnolan.com/p/an-ai-fund...
"Amateurs." - Roger Ailes, looking up from hell.
Grocery stores are FASCINATING labor stories. Spoke to Ann Larson about her new book "Cleanup on Aisle Five," a firsthand account of working at a grocery store through the pandemic.
www.hamiltonnolan.com/p/brutal-opp...
good nuanced criticism of bernie sanders' plan, which is good because a.) nuanced criticism is good b.) important to remember that even politicians you like get shit wrong
Hamilton Nolan
Jessica Schulberg
Hamilton Nolan
Hamilton Nolan
JW Mason
The NY FAIR News Act has passed the State Senate and Assembly and is now on its way to the desk of Governor Hochul.
Thank you to our amazing sponsors and champions, and to everyone who raised their voices in support of this important legislation to protect journalists and the public from AI!
While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goals
www.theguardian.com
An interview with Ann Larson about "Cleanup on Aisle Five"
There are two big drawbacks to Bernie Sanders' plan to take stakes in AI companies to create a sovereign wealth fund:
1. We don't need a sovereign wealth fund.
2. You are going to make normal people view themselves as investors in AI companies, which is bad.
www.hamiltonnolan.com/p/an-ai-fund...
Hamilton Nolan
Hamilton Nolan
Hamilton Nolan
There are two big drawbacks to Bernie Sanders' plan to take stakes in AI companies to create a sovereign wealth fund:
1. We don't need a sovereign wealth fund.
2. You are going to make normal people view themselves as investors in AI companies, which is bad.
www.hamiltonnolan.com/p/an-ai-fund...
There are two big drawbacks to Bernie Sanders' plan to take stakes in AI companies to create a sovereign wealth fund:
1. We don't need a sovereign wealth fund.
2. You are going to make normal people view themselves as investors in AI companies, which is bad.
www.hamiltonnolan.com/p/an-ai-fund...
