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A podcast about technology and political economy /// Agitprop against innovation and capital /// Hosted by Jathan Sadowski and Edward Ongweso Jr., Produced by Jereme Brown /// Hello friends and enemies
Listen anywhere that fine podcasts are distributed. Subscribe at patreon.com/thismachinekills to get premium episodes every week.
Listen anywhere that fine podcasts are distributed. Subscribe at patreon.com/thismachinekills to get premium episodes every week.
412 Episodes
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[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 never letting a good crisis go to waste as the latter jack up rents for people who need places to stay after losing everything, while the former snatch up burnt homes using the discounts code “devastation.” Second we then get into the simple narratives and material dynamics of how the insurance industry is dealing with the wildfire’s aftermath by leaning into their victim complex while also hiking rates, restricting policies, denying claims, and agitating for regulatory changes.
••• We All Live in the Firestorm: Infinite Crisis and the LA Wildfires https://thetechbubble.substack.com/p/we-all-live-in-the-firestorm-infinite
••• Real Estate Vultures Eye Middle-Class Enclave of Ravaged LA https://www.bloomberg.com/news/articles/2025-01-15/fire-ravaged-altadena-attracts-real-estate-vultures-eyeing-deals
••• Experts say Los Angeles rental prices will ‘inevitably’ spike post-wildfires https://fortune.com/2025/01/11/los-angeles-rental-prices-will-inevitably-spike-post-wildfires-experts/
••• The costly calamity in Los Angeles https://www.ft.com/content/1ada4ad5-d992-42a2-89d9-99063883f91d
••• L.A. Is Burning. Will Insurance Companies Take Advantage? https://newrepublic.com/article/190048/california-insurance-los-angeles-fires
••• We Will All Be Paying For L.A.’s Wildfires https://www.levernews.com/we-will-all-be-paying-for-l-a-s-wildfires/
Standing Plugs:
••• Order Jathan’s new book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
••• Subscribe to TMK on patreon for premium episodes: https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 a story about the collisions between multiple massive interconnected infrastructures.
Standing Plugs:
••• Register for Jathan’s book launch in San Francisco on January 30th: citylights.com/events/jathan-sadowski-the-mechanic-and-the-luddite/
••• Order Jathan’s new book: https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
••• Subscribe to TMK on patreon for more analysis in our premium episodes: https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 management software to make things even worse by further stripping the sector to its bare bones.
••• Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
––
••• Uber for Nursing https://rooseveltinstitute.org/publications/uber-for-nursing/
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
[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 — which is meant to be an alternative to insurance for places that cannot access or afford policies. In reality, they have given institutions like the World Bank the perfect neoliberal policy for climate (in)action, they have provided extremely lucrative windfalls for hedge funds, and they have left people in devastated regions with nothing to show for their expensive premiums.
••• Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
——
••• The Harsh Reality of ‘Hurricane Insurance’ https://www.bloomberg.com/features/2024-jamaica-hurricane-catastrophe-bonds/
••• The Risky Business of Predicting Where Climate Disaster Will Hit https://www.bloomberg.com/graphics/2024-flood-fire-climate-risk-analytics/
••• In Nature’s Casino https://www.nytimes.com/2007/08/26/magazine/26neworleans-t.html
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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, Australia, and elsewhere—the very cornerstone of entire economies and generational wealth—are once again facing systemic risk a lá the 2008 crash, but this time caused by climate catastrophes.
••• Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
••• We saw a demo of the new AI system powering Anduril’s vision for war https://www.technologyreview.com/2024/12/10/1108354/we-saw-a-demo-of-the-new-ai-system-powering-andurils-vision-for-war/
••• Mind the Gap: Foundation Models and the Covert Proliferation of Military Intelligence, Surveillance, and Targeting https://arxiv.org/abs/2410.14831
••• Blackstone’s Data-Center Ambitions School a City on AI Power Strains https://www.bloomberg.com/news/features/2024-12-08/georgia-s-blackstone-backed-qts-data-center-hits-resistance-over-ai-power-needs
••• The Climate Risk to the Mortgage System https://www.nytimes.com/2024/12/07/business/economy/mortgages-climate-risk-fannie-freddie.html
••• Surging insurance costs are driving thousands of borrowers to breach their mortgage contracts https://www.abc.net.au/news/2024-12-10/insurance-costs-are-driving-thousands-to-breach-their-mortgages/104703586
••• How climate risks are driving up insurance premiums around the US – visualized https://www.theguardian.com/environment/2024/dec/05/climate-crisis-insurance-premiums
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 direct links to immediate profit! This has led to a number of great new innovations like “biodiversity credits,” which will surely create all kinds of great and desirable outcomes.
••• Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Subscribe to Ed’s substack: https://substack.com/@thetechbubble
••• Do businesses need to care about biodiversity? https://www.ft.com/content/8c6dd560-604b-4d2c-8ff6-4e60a8a4726d
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 platform called Agentforce.
Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Why "we" want insurance executives dead https://www.usermag.co/p/yes-we-want-insurance-executives
••• Fearful of crime, the tech elite transform their homes into military bunkers https://www.washingtonpost.com/technology/2024/12/05/tech-ceos-elites-home-security-silicon-valley/
••• How the Rise of New Digital Workers Will Lead to an Unlimited Age https://time.com/7178872/agents-unlimited-age/
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 obsession with — and demonic hatred of — the bureaucratic minutiae of oft-overlooked government agencies and appointments. We argue that the left needs a new theory of the state, which can underlie its own obsession with the concrete operations of bureaucratic power and a political movement focused on taking control of this administrative machinery.
Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• How Elon Musk And Amazon Could Deal A Blow To Workers' RightsHow Elon Musk And Amazon Could Deal A Blow To Workers' Rights https://www.huffpost.com/entry/elon-musk-spacex-amazon-nlrb_n_67472463e4b0f973902fa591
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (bsky.app/profile/jathansadowski.com) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (bsky.app/profile/jebr.bsky.social)
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 all evil in tech — and thus framing our solutions to AI harms as a technical exercise of discerning snake oil from real cures — we must push further to attack the material foundations of the AI industry.
Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• AI Scams Are the Point https://newrepublic.com/article/188313/artifical-intelligence-scams-propaganda-deceit
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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, shifty grounding, and the serious limits such a framing puts on potential solutions. We also chat about OpenAI’s further push into education and its effects on teaching.
Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• New York Times Says OpenAI Erased Potential Lawsuit Evidence https://www.wired.com/story/new-york-times-openai-erased-potential-lawsuit-evidence/
••• NYT v. OpenAI: The Times’s About-Face https://harvardlawreview.org/blog/2024/04/nyt-v-openai-the-timess-about-face/
••• AI Companies Are Trying to Get MIT Press Books https://www.404media.co/mit-press-ai-training-on-books/
••• There’s No Longer Any Doubt That Hollywood Writing Is Powering AI https://www.theatlantic.com/technology/archive/2024/11/opensubtitles-ai-data-set/680650
••• OpenAI releases a teacher’s guide to ChatGPT, but some educators are skeptical https://techcrunch.com/2024/11/20/openai-releases-a-teachers-guide-to-chatgpt-but-some-educators-are-skeptical/
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 promises and hype at this point—and a lot of open questions that remain to be seen—but we set the scene and put the players on the board for what’s shaping up to be an exciting (and stupid) new season of TMK.
Pre-order Jathan’s new book! https://www.ucpress.edu/book/9780520398078/the-mechanic-and-the-luddite
••• Why Is Elon Musk Really Embracing Donald Trump? https://www.newyorker.com/news/the-financial-page/why-is-elon-musk-really-embracing-donald-trump
••• Elon Musk may already be overstaying his welcome in Trump's orbit https://www.nbcnews.com/tech/tech-news/elon-musk-trump-donald-mar-a-lago-appointment-position-rcna179826
••• The cult of the founders https://www.programmablemutter.com/p/the-cult-of-the-founders
••• Musk Wants to Slash $2 Trillion in Federal Spending. Is That Possible? https://www.nytimes.com/2024/11/16/us/politics/dept-government-efficiency-explainer.html
••• US commission proposes ‘Manhattan Project-like’ initiative for AI https://www.computerworld.com/article/3609516/us-commission-proposes-manhattan-project-like-initiative-for-ai.html
••• Tech companies will have it easy under Trump. Just like they did under Biden https://www.fastcompany.com/91224437/tech-companies-will-have-it-easy-under-trump-just-like-they-did-under-biden
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
[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 communications between prisoners and their families. These firms charge exorbitant rates per minute for access to telephone use, video calls, emails, ebooks, and more—and then use that data to create and sell bogus AI surveillance products. We also talk about the corruption at the heart of this industry—such as the lucrative contracts between industry and prisons where sheriffs get a cut of corporate profits—and how these financial incentives have caused jails and prisons to restrict, or even eliminate, in-person visits between prisoners and their families. This is the basis of Susan and Alec’s work for the Right 2 Hug project, which is advocating for the legal right to physical, face-to-face contact between prisoners and their families.
••• Right 2 Hug https://www.right2hug.org/
••• Do Children Have a “Right to Hug” Their Parents? https://www.newyorker.com/magazine/2024/05/20/the-jails-that-forbid-children-from-visiting-their-parents
••• Michigan Counties Ban Jail Visits to Profit From Videochat Fees, Lawsuits Say https://theappeal.org/michigan-counties-allegedly-ban-jail-visits-to-profit-from-videochat-fees/
••• Prisons Across the U.S. Are Quietly Building Databases of Incarcerated People’s Voice Prints https://theappeal.org/prisons-across-the-u-s-are-quietly-building-databases-of-incarcerated-peoples-voice-prints/
••• The Prison Industry | Worth Rises https://static1.squarespace.com/static/58e127cb1b10e31ed45b20f4/t/621682209bb0457a2d6d5cfa/1645642294912/The+Prison+Industry+How+It+Started+How+It+Works+and+How+It+Harms+December+2020.pdf
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 at the intersection of multiple TMK interests: industrial policy, geopolitics of technology, political economy of green innovation, and the economic Cold War between the US and China.
••• BYD Is Winning the Global Race to Make Cheaper EVs https://www.bloomberg.com/news/features/2024-10-16/electric-car-brand-byd-leads-race-to-make-cheap-evs-despite-tariffs
••• The Electric Vehicle Developmental State https://www.phenomenalworld.org/analysis/byd/
••• Apple Secretly Worked With China’s BYD on Long-Range EV Battery https://www.bloomberg.com/news/articles/2024-10-16/apple-secretly-worked-with-china-s-byd-on-long-range-ev-battery
••• China’s Economic Growth Is Good, Actually https://jwmason.org/slackwire/chinas-economic-growth-is-good-actually/
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 logging on, seemingly at random and for long periods—as a cynical response to minimum pay laws in New York City. This regulatory arbitrage and brutal optimization resulted in significant impacts on drivers and major savings for the companies.
••• Sam Altman’s Worldcoin Gets a New Name, and New Hardware https://www.bloomberg.com/news/articles/2024-10-17/sam-altman-s-worldcoin-gets-a-new-name-and-new-hardware
••• How Uber and Lyft Used a Loophole to Deny NYC Drivers Millions in Pay https://www.bloomberg.com/graphics/2024-uber-lyft-nyc-drivers-pay-lockouts/?srnd=phx-technology
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 Senate and House seats this election cycle. We also talk about the political strategist, Chris Lehane, who has been the driving force behind the tech sector’s realpolitik strategy—from Airbnb to Coinbase to OpenAI.
••• Silicon Valley, the New Lobbying Monster https://www.newyorker.com/magazine/2024/10/14/silicon-valley-the-new-lobbying-monster
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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’ major themes before going down our own rabbit holes discussing the geopolitics of data centers as a form of imperial infrastructure for techno-capitalism.
••• Listen to Data Vampires on Tech Won’t Save Us by Paris Marx: https://techwontsave.us/episodes
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 of AI models. Third, an excellent new paper offers a blistering critique of the bigger-is-better paradigm in AI.
••• SoftBank to invest $500mn in OpenAI https://www.ft.com/content/b1efdc2a-4dbc-40cc-920e-2cf389d261e8
••• In California, no AI bill is safe https://www.bloodinthemachine.com/p/in-california-no-ai-bill-is-safe
••• Hype, Sustainability, and the Price of the Bigger-is-Better Paradigm in AI https://arxiv.org/abs/2409.14160
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 together for the betterment of both sides. Leftists and gamers have a lot to learn from each other. Indeed, as we argue, they need each other.
Marijam’s new book – Everything to Play For: How Videogames Are Changing the World https://www.versobooks.com/en-gb/products/3086-everything-to-play-for
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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 who has turned his addiction to leverage into a personal mythos, and a gifted intermediary who knows how to engineer debt and extract fees.
••• The mystery of Masayoshi Son, SoftBank’s great disrupter https://www.ft.com/content/424eb5f8-efb4-4fc8-b86a-0359f6fac9eb
Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills
Hosted by Jathan Sadowski (www.x.com/jathansadowski) and Edward Ongweso Jr. (www.x.com/bigblackjacobin). Production / Music by Jereme Brown (www.x.com/braunestahl)
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United States
americans need the shut the fuck up about the russia-ukraine war. europe was hounded in to nato when it suited you. now we actually need nato, so cough up and shut up
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damn, whats the song at the end of this one?