The Post-Partisan Emporium

  AI Debt and Dismemberment T.L. Davis Some time ago I wrote about the dangers of Artificial Intelligence (AI) and it’s demand on data centers and subsequently their demand for electricity and what that meant for the average citizen without the power to effectively advocate for their own piece of the pie. It’s a depressing condition that’s operating far ahead of the actual need, it’s built-in more expensive power based on the fact that the data center being built nearby will someday require. Without any new data centers being in operation in our area, the cost of my energy used today suddenly shot up over 30% with my new bill. That’s something that President Trump, my local officials, representatives and senators of both US and Texas legislatures promised would not happen. Despite the fact that everyone knew it would. Now, it has. So, I’m paying a higher price for electricity, because someone else has a data center running in their area. And, the whole operation is based on a belie...

  Jack Welch, financialization, and the true force behind US deindustrialization Watch the video clips of 3 apostles of capitalism at the end, one unfortunately was not fictional Hua Bi N When I studied business in the mid-90s, there was no company more revered than General Electric and no CEO more respected than Jack Welch. For years, GE was honored as the most admired company in the world and was the most valuable by market cap. Jack Welch was the idol corporate chieftain case-studied in every business school and emulated by aspiring “corporate leaders”. He pioneered “the GE Way”. GE had an array of world leading businesses from aircraft engines, turbines, health care, NBC, Universal Studios, to refrigerators and light bulbs. GE Finance led in aircraft leasing and financing of capital goods produced by GE’s industrial units. GE executives were widely courted as corporate superstars. When Welch retired in 2001 and Jeff Immelt took over as CEO, several frontrunners to succeed Welch...