This Machine Kills

Ed is back from his gonzo reporting trip at the Consumer Electronics Show in Las Vegas. We hear all about the biggest themes, the most stupid products, the most dangerous lies, and the mountains of bullshit being created in the place where futures are made—or, at least, where expectations are manufactured and where beliefs are harvested. ••• Jathan’s essay on AI and Tinkerbell: https://futurism.co...

[Due to the relevance of this episode — and requests from listeners in LA — we decided to make this week the free episode.] We get into the crossover between the LA wildfires and the FIRE industry – finance, insurance, real estate. Where most people see a hellscape of risk and loss, the FIRE industry also sees a landscape of opportunity and profit. First are reports of landlords and investors neve...

We round up and run down many of the big themes that we think will be important in the coming year and demand our sustained critical attention. Our analysis spans from the new golden age of crypto to further consolidation in the (corporate) venture capital industry, from the ramping up of investment and partnerships in the market for military technology to the ways in which AI will keep growing as...

We get into an excellent new report on the rise of on-demand platforms for nursing, which have spurred further exploitation of labor and degradation of care in an industry that has already been hollowed out by suppression of worker rights and financialization by private equity firms. The destruction of healthcare wouldn’t be complete if tech innovators didn’t use re-skinned versions of algorithmic...

[Note: we explain TMK's new structure from 0:00-10:28, so skip that to get straight into the episode] We dive into the market for catastrophe bonds (or, “cat bonds”) and talk about how this complex financial instrument is sold as the silver bullet for climate finance — especially for under-developed countries that are at risk of devastation from disasters like hurricanes, floods, earthquakes — whi...

First we talk about the unholy trinity of Anduril, Palantir, and OpenAI working together to secure major contracts from the Pentagon for networking data systems and training AI models. Then we get into how Blackstone now owns the AI boom with $50 billion invested in data centre infrastructure and another $50 billion in the pipeline. Lastly, we chat about how the mortgage markets in the US, Austral...

We’ve got a great reading series that redirects our attention to another big bugbear of TMK: the destruction – and salvation – of nature via asset markets and risk management. We talk about how the business world is coming around to the idea that is nature is *not* a “a free, infinitely extractable resource” and might actually be a valuable asset worth safeguarding—but only if it has clear and dir...

We tie together a number of things: first, the assassination of UnitedHealth Group’s CEO and the reactions to this event; second, a new startup in the Thiel family that rehabilitates Sauron as a shining beacon of security for the terrified tech elite; and third, the vision put forward by Marc Benioff, CEO of Salesforce, for an army of ethical techno-slaves that are powered by a new vaporware platf...

We talk about the legal battles that Musk and Amazon are waging against the National Labor Relations Board, in part by claiming the NLRB is unconditional because it violates employers’ rights to a trial by jury. We then get into a broader discussion of how the right-wing has organised a highly effective — while also ideologically inconsistent — political movement which is based on a single-minded...

We chat about Ed’s brilliant critical review of the new book AI Snake Oil and talk about the shortcomings of analysis that are so focused on demystifying the hype about what AI can do that the hype becomes the only thing that matters. We sharpen our own critique by sparring with this interesting and thoughtful — but also limited and naive — critique of AI. Rather than treating hype as the root of...

We get into the New York Times's lawsuit against OpenAI and Microsoft, which challenges the use of copyrighted material as training data for AI models. The NYT’s case is built on notions of “romantic authorship” — or the irreducible / ineffable quality of creativity and individuality in human works — and discuss the analytical weakness of building critiques and strategies on such immaterial, shift...

In our first recording back from holiday, we get into the Silicon Valley Election and go through the relationship between Trump and Musk. What can we expect from the President and his First Buddy — personally and politically, institutionally and financially? Beyond Musk, how might the tech elite behave and benefit in another Trump administration? There’s a lot of potential and speculation and prom...

[This interview was recorded before the election; we’ll talk about that in the next premium episode] We are joined by Susan Li and Alec Karakatsanis who work at Civil Rights Corps to talk about their important legal work against the prison tech industry—an extraordinarily predatory, extractive, and profitable industry dominated by private equity firms which control (and surveil and commodify) all...

Just a quick note – TMK is on holiday for a couple weeks! Jathan is enjoying his honeymoon totally disconnected from all work, while Ed and Jereme are taking a much needed break. We'll back later in November with more exciting episodes. Until then – later!

We bullshit about ICP, the Joker, and Megalopolis for the first 33 minutes. So jump a bit into the episode if you wanna skip the verbal shit posting and get to the analytical discussion of BYD. We chat broadly about the background and rapid rise of BYD, the Chinese electric vehicle manufacturer. We explain why BYD is such a fascinating company that is worth keeping a close eye on because it sits a...

First we have an update on an old startup as Worldcoin changes its name to World and redesigns its Orb to be more than just an eyeball scanner but also now an identification service called Deep Face. Repeat the satanic mantra after me: World, Orb, Deep Face. We then sit back as Prof Ed walks us through an in-depth investigation into how Uber and Lyft used driver lockouts—preventing them from loggi...

We chat about a great investigation into the powerful networks of political influence and intimidation that tech companies are bankrolling to ensure that politicians at local, state, and federal levels advance the interests of Silicon Valley—or at least not stand in their way. For example, one recently created pro-crypto super PAC has $170 million in its war chest, which it has used to influence S...

We are joined by a dear friend of the show, Paris Marx, to talk about his new series on Tech Won’t Save Us called “Data Vampires” – which provides an excellent deep dive into the politics, ideologies, and consequences of the global expansion of data centers by big tech giants. Data Vampires is full of original research and interviews, plus excellent production. We touch on some of the series’ majo...

Bringing together a few news items, we analyze the politics of scale in AI. First, OpenAI has one of the largest funding rounds ever at $6.6 billion raised for a valuation of $157 billion—with our boy Masayoshi finally getting his taste of OpenAI by investing $500 million. Second, CA Governor Gruesome Newsom vetoed an AI safety bill, which would have put stricter regulations on the largest class o...

We chat with Marijam Did, author of the new book Everything to Play For, which bridges radical leftist politics and video games through a real material analysis of video games as an industry, art form, and social space. Marijam lays out the case for why these two communities of radical leftists and gamers—which have largely been distinct and even antagonistic to each other—need to be brought toget...

With the news of interest rates dropping again, we refocus our attention on Masayoshi Son, the man who perhaps most embodies the pathologies of technological capitalism. Thanks to a new biography, we learn fascinating color about Masa’s character which further support what we already to know to be true: he is an ambitious disrupter who is burdened with delusions of grandeur, a degenerate gambler w...

Jumping off a spate of recent reporting, we revisit the deep relations between the tech sector and fossil fuel industry and discuss how companies like Microsoft are turning to oil and gas companies as a solution for AI’s profit problem. How are tech companies going to offset their trillion dollars of capital investment into AI infrastructure? One revenue strategy: selling bespoke AI systems to com...

We dive into a weird but revealing article about the phalanx of private security that Elon Musk has amassed around him, spending a small fortune on ex-operators who plan escape routes for his events, clear rooms before he enters, and assess (perceived) threats to his personal safety. His “mushrooming security apparatus” has caused a feedback loop or paranoia and isolation as he becomes further rem...

We are joined by Gaby Del Valle who has written a great—and distressingly relevant—essay for The Baffler, which reports on the “eugenic foundations of the war on woke.” We dig into the beliefs of innate biological hierarchy and genetic superiority that underpin so much of mainstream right-wing politics. Whether it’s the convergence of Christian nationalist and tech rationalists around issues like...

Keeping with our recent theme of exploring the relations between the military and tech sector, we jump off a great essay in The Baffler to discuss a crucial part of this complex: university research. Universities – especially, academics in STEM faculties – must be understood as defense contractors who are partners with the military (and adjacent agencies); they advance the military’s goals and are...