A lot of the money behind the AI boom is coming from pension funds of working class people and when parts of the AI bubble burst, private capital gets protected, while ordinary people can be left with the losses.
The AI Data Center Gold Rush: The Bailout State Behind It - youtu.be/fHwYIFa1mNE
I am thrilled to be on the advisory board of this series, please feel free to get in touch with ideas, questions, or proposals!
Cant take the valorization of this sentiment as an indication of love, hope or human decency. Loving the U.S., waving its flag, and insisting that the violence that is constitutive to the U.S. state as not USian is incoherent and dangerous. I wrote something last week that speaks to this!
Notice how the popular media narrative has moved on, while people on the ground in Minneapolis are still struggling and crying out that things are as bad as ever. This is how fascist regimes operate — overreach, recalibration, normalization. Get louder, not quieter.
I wrote about how migration discourse & even our resistance gets colonized by the forces that created the displacement in the first place. We're forced to react to one fascist spectacle after another while material foundations of displacement remain uninterrogated.
If you ask most colonized people they will tell you that this has always been the U.S.
If the newly formed socialists in the U.S. throw champagne on cops would we learn the true meaning of champagne socialists ? Anyway, good job by this young man!
What a game !
Talia raises some crucial points about heteropessism / heterofatalism -urging us to question the apparent persistence of heterosexuality. If heterosexuality currently is a site of women's oppression, is the radical response to reform it or can we commit ourselves to build alternatives?
Please read this piece - I'm so fascinated by it! It provides a clear walk-through of feminist history - especially valuable for those of us less familiar with these debates. I learnt so much!
It's time we ask the right questions - not merely how to attract more capital, but why we're forced to commodify our lives in the first place.
My latest piece explores how private equity operates as a mechanism of subordination in the Global South. From Nepal to Kenya, we're told to celebrate foreign investment while our working populations bear all the risk and see none of the gains.
Bluesky deleted his account (and keeps doing it). I verified that his account is him & that this Chuffed fundraiser is his: chuffed.org/project/1580...
The UK is not safe for trans people!
The Trump administration is engineering a brutal reordering of global capitalism. While claiming isolationism abroad and racism at home, they're actually forging a transnational capitalist alliance powered by AI. American fascists seek other fascists willing to enforce technological extraction.
I speak with authority here as a child who was taken to many a rallies - you’re good!
I might be pro this kind of immigration process - at least until we dissolve borders! I moved to Lisbon and can walk up and downhill without slipping a lot. Do I get permanent residency now?
Read about how the U.S. turned crisis management into the basis of accumulation. We live in a world where the state’s perpetual arbitration in the financial system has become the precondition for accumulation itself.
PLEASE STOP ENGAGING WITH HARRY POTTER SHIT! This includes everything from the video games, movies, TV shows to casually referencing HP content ! The scale of damage this one billionaire is able to cause to the trans community is staggering!
NEW TWIST: data centers in farm country may accelerate nitrate contamination from agricultural sources with big implications for public health.
Studies are needed to confirm or refute this finding. Lack of transparency, monitoring, regulations makes it tough.
www.rollingstone.com/culture/cult...
Why there never was a Vibecession in one chart.
It’s always been about the prices of essentials.
If you’re new to the series, please check out Part 1 which examined Meta's $27B Hyperion data center deal and the state-finance-tech nexus that makes the AI data center rush possible. And please subscribe to my substack for analysis on AI, international finance, and other things that make me angry!
The balance sheets of the firms in the AI ecosystem are so intertwined in circular financing and the Fed is so thoroughly integrated into private finance that non-intervention is impossible. This isn't a policy choice - it's structural inevitability.
Part 2 of my AI investments series is live! The question isn't whether the state will bail AI firms and their financiers out. It's understanding why bailouts have become structurally inevitable under the contemporary form of financialized capitalism.
Introduce yourself with 5 animals you have seen in the wild
Tiger’s but and tail (Nepal)
Elephant (Nepal)
Urban monkeys (Nepal)
Rhinoceros (Nepal)
Musk Deer (Nepal)
and @iraregmi.bsky.social with more "strategic reconnaissance" on how "the goals of the AI corporation and its financiers merge with the strategic objectives of the American empire" radicaltransitions.substack.com/p/how-financ...
Waiting for distinguished economists to notice Larry Summers is a sex pest of the teenage boy variety, but with the power to harass his own students
Firms like OpenAI flip-flop on asking for explicit government backstops. But here's the thing - there are many ways in which the current financial architecture already has the state facilitating and functionally subsidizing AI infrastructure. More on this coming soon in a followup to this piece.
