This Machine Kills

We are a bit ahead with recording, but we had to talk about the Trump assassination attempt and JD Vance being tapped for vice president (for like the first 30 minutes). Then we get into a great essay on how private financial markets — or the shadow finance system that is unregulated, unaccountable, and undemocratic — have become the dominant form of finance in society, thanks in large part to trillions in capital allocated from public pension funds. It’s a classic case of private parasites feeding on public hosts.

••• Private Financial Markets Are Eating The World https://lpeproject.org/blog/private-financial-markets-are-eating-the-world/

••• Why an ‘AI health coach’ won’t solve the world’s chronic disease problems https://theconversation.com/why-an-ai-health-coach-wont-solve-the-worlds-chronic-disease-problems-234369

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We take a look at recent reports where venture capitalists like Sequoia and the investment banks like Goldman Sachs are starting to wonder out loud whether AI will ever be able to generate enough revenue and consumer demand to make the bubble feel solid. The returns on AI necessary for this massive infrastructure buildout to make sense are looking increasingly fantastical. It was only a matter of time until capital finally came around to our skepticism of generative AI.

••• AI’s $200B Question https://www.sequoiacap.com/article/follow-the-gpus-perspective/

••• AI’s $600B Question https://www.sequoiacap.com/article/ais-600b-question/

••• Gen AI: Too Much Spend, Too Little Benefit? https://www.goldmansachs.com/intelligence/pages/gs-research/gen-ai-too-much-spend-too-little-benefit/report.pdf

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We refocus on the war in Ukraine and the country’s pivot toward being the “Silicon Valley for autonomous drones and other weaponry.” Thanks to a combination of foreign investment, entrepreneurial governance, DIY scrappiness, and a ‘by any means necessary’ attitude, the future of cheap, lethal, autonomous warfare is being forged and tested in Ukrainian war zones — before inevitably being deployed everywhere else in some form.

••• A.I. Begins Ushering In an Age of Killer Robots https://www.nytimes.com/2024/07/02/technology/ukraine-war-ai-weapons.html

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We chat about an interesting case study in technology governance: the rise of vapes and the return of cigarettes. How do you create new markets for a product that is highly addictive but also extremely regulated (even banned)? The answer is to flaunt regulation, disrupt competitors, and create an image of coolness using social media influencers. Platforms like Uber learned their strategies from industries like big tobacco, and now the new crop of nicotine dealers are deploying the strategies of platforms like Uber.

••• The Vapes of Wrath https://www.npr.org/transcripts/1197959345

••• Juul Is an Easy Target—Let's Ban More Tech Products That Harm Us https://www.vice.com/en/article/qjk4q5/juul-is-an-easy-targetlets-ban-more-tech-products-that-harm-us

••• Why Uber and Lyft are taking a page out of big tobacco’s playbook in labor law battle https://www.theguardian.com/commentisfree/2020/sep/11/why-uber-and-lyft-are-taking-a-page-out-of-big-tobaccos-playbook-in-labor-law-battle

••• Government waters down vaping ban to win support of Greens https://www.abc.net.au/news/2024-06-24/vaping-ban-watered-down-greens-support/104016012

••• How Big Tobacco enlists Black activists to fight menthol, vaping bans https://www.washingtonpost.com/health/2024/06/21/menthol-ban-vaping-black-lgbt-activists/

••• Big Tobacco Heralds a Healthier World While Fighting Its Arrival https://www.nytimes.com/2022/11/06/health/tobacco-fda-menthol-ban-nicotine.html

••• A Viral Cigarette Brand? In 2023? https://www.nytimes.com/2023/08/24/style/hestia-cigarettes-downtown.html

••• That Cloud of Smoke Is Not a Mirage https://www.nytimes.com/2022/01/12/style/smoking-cigarettes-comeback.html

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We get into how the massive global expansion of data centres — thanks largely to demand from training and operating AI — is putting major strain on energy systems and requiring the generation of more electricity. How’s all that new energy demand being met? Some renewables, a lot of fossil fuels, but also maybe futuristic magic technology? Big tech firms like Micorosoft and their nuclear tech partners—including startups backed by Sam Altman and Bill Gates—say they expect to harness fusion by 2028. This prediction is totally unserious and fantastical, while also hiding the fact that the expansion of AI is powered largely by fossil fuels.

••• AI Is Already Wreaking Havoc On Global Power Systems https://www.bloomberg.com/graphics/2024-ai-data-centers-power-grids/

••• AI is exhausting the power grid. Tech firms are seeking a miracle solution. https://www.washingtonpost.com/business/2024/06/21/artificial-intelligence-nuclear-fusion-climate/

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We chat a bit about some upcoming international travel, then do a reading series by a data scientist who wrote a great blog post about how most of the work done by data scientists in large organizations feels totally worthless, pointless, unfulfilling, and unnecessary — in other words, the definition of bullshit. And yet data science is valorized and mythologized in ways that are disconnected from material reality.

••• I Will Fucking Piledrive You If You Mention AI Again https://ludic.mataroa.blog/blog/i-will-fucking-piledrive-you-if-you-mention-ai-again/

••• Most Data Work Seems Fundamentally Worthless https://ludic.mataroa.blog/blog/most-data-work-seems-fundamentally-worthless/

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We are joined by David Dayen (editor, American Prospect) and Lindsay Owens (director, Groundwork Collaborative) to discuss the special issue of the American Prospect they put together on “how pricing really works.” We drill down into why pricing is the perfect window for seeing how power works in the economy. We explore the great many tactics and technologies that companies have devised to make pricing into a major source of profits by enforcing a system of unfair, deceptive, and aggressive strategies designed to exploit each person based on what they are willing to pay and what they are willing to accept. We wrap up by talking about what can be done by legislators, regulators, and the court of public outrage to push back against the weaponization of pricing.

••• How Pricing Really Works https://prospect.org/pricing

••• Groundwork Collaborative https://groundworkcollaborative.org/

••• David Dayen https://x.com/ddayen

••• Lindsay Owens https://x.com/owenslindsay1

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We are joined once again by Evgeny Morozov to discuss his new podcast series, A Sense of Rebellion, which tells the story of a wild bunch of eccentric hippies who had grand ideas for how to design interactive technologies and intelligent environments and cybernetic systems that are radically different from today’s smart tech and AI. Morozov takes us deep down the rabbit hole of Cold War counterculture and technoculture, and deep into the life and mind of Warren Brodey, a now largely forgotten giant of early cybernetics. This new podcast series is the second in a trilogy on “tech rebels who failed.”

••• A Sense of Rebellion: https://www.sense-of-rebellion.com/

••• Evgeny Morozov: https://x.com/evgenymorozov

••• The Boston hippies who developed technologies that Silicon Valley wouldn’t dare to make https://www.bostonglobe.com/2024/06/15/opinion/warren-brodey-environmental-ecology-lab/

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We keep rolling with our discussion about the Insulin Empire with Athena.

••• The Insulin Empire https://thebaffler.com/after-the-fact/the-insulin-empire-ongweso-jr-sofides

••• Mutual Aid Diabetes https://mutualaiddiabetes.com/

••• T1International https://www.t1international.com/

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)

We are joined by Athena Sofides who co-wrote (with Ed) a brilliant essay in The Baffler, which provides an in-depth analysis of insulin, the social health factors of diabetes, and the global oligopoly of pharmaceutical corporations that exert total control over – and extract max profits from — this medicine that many millions of diabetics depend upon everyday and are unable to access. We go deep on how this insulin cartel is waging, as they write, “a war to remake insulin into a more profitable form, its patients into a more profitable demographic, and its market into a noncompetitive oligopoly.”

••• The Insulin Empire https://thebaffler.com/after-the-fact/the-insulin-empire-ongweso-jr-sofides

••• Mutual Aid Diabetes https://mutualaiddiabetes.com/

••• T1International https://www.t1international.com/

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)