Ray Blanco:

What the Broligarchs Want from Trump

After Donald Trump won November’s election, one of the first things he did was to name two unelected male plutocrats, Elon Musk and Vivek Ramaswamy, to run a new Department of Government Efficiency. The yet-to-be-created entity’s acronym, DOGE, is something of a joke — a reference to a cryptocurrency named for an internet meme involving a Shiba Inu. 

But its appointed task of reorganizing the federal bureaucracy and slashing its spending heralds a new political arrangement in Washington: a broligarchy, in which tremendous power is flowing to tech and finance magnates, some of whom appear indifferent or even overtly hostile to democratic tradition.

The thing about broligarchs like Elon Musk or even Peter Theil is that Americans didn’t vote for them.

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Chris Campbell:

Why AI Feels “Creepy Bullish”

Imagine building a skyscraper without blueprints.

That’s AI without training datasets.

The raw material of the AI revolution—data—is now the foundation of a $14.67 billion market projected to grow at a staggering 23% annual clip through 2032.

BUT…

It’s not just about the data; it’s about quality data. AI is only as good as the data feeding it.

(Garbage in, garbage out… and all that.)

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James Altucher:

Microsoft’s Big Bitcoin Vote

Failing to adapt to new technologies can have long-lasting consequences.

As you know by now, Microsoft’s board recommended against the Bitcoin proposal.

(Although we don’t think this is the end of it with Microsoft. I’ll get to that in a moment.)

Sure, some analysts are celebrating this decision. But here’s my take: Microsoft isn't saying no to Bitcoin — they're saying "not yet."

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