Commentary Artificial intelligence (AI), we’re told, will probably destroy humanity. Then again, those in the know tell us that it probably won’t. One thing AI will definitely do, though, is take our jobs, leaving a mass of unemployed, utterly useless individuals in its wake. Right? The truth, though, is far more nuanced than some reports…
Deep Administrative State Depredations Exposed in FTC Investigation of Musk
Commentary What’s the price one must pay for exposing America’s public-private censorship regime? Evidently, it’s not just tens of billions of dollars. Nor is it the scorn and derision of congress and corporate media, let alone Silicon Valley, one’s employees, and customers. No, as we’re now learning—if not already made clear over the last half-decade—for…
High Cost of Stock Compensation Will Squeeze Tech Investors
Commentary Technology investors had a rough year in 2022. The Nasdaq Composite Index went down around 33 percent. Despite a rebound so far this year, investors are faced with lower revenue growth and a significant structural hurdle—consequences of increasingly higher stock-based compensation awards. This isn’t a new phenomenon. Technology firms have been gifting lucrative stock…
Confessions of a Panicked First Republic Client, Me
Commentary Sometime over the weekend, or was it Friday—I can’t remember now; it’s all a blur—I heard the news. There was a run on my bank. “Check the Daily Mail,” my wife had said. “No more Harry and Meghan,” I replied. Like most of the world, I was sick unto death with hearing about that…
‘China Before Communism:’ What’s so Controversial?
Commentary “China before communism” is hardly a radical or controversial thought. One suspects even the most rusted of communists would assert that their commitment to the ideology was based on an innate desire to see the best for China and its people. Surely a commitment to national well-being is the foundational layer from which all…
We’ve Been Warned of War
Commentary We have been warned that the region could be at war in the coming years. It was not the Australian prime minister who uttered the words. Nor was it the defence minister or the Chief of the Defence Forces. Nor was it the president of the United States. Ominously, the warnings have come from…
John Robson: What I Would Do to Fix the Budget Process if I Were Finance Minister
Commentary When I read that Canada’s next federal budget would land on March 28 I thought “Oh great, that’s all we need.” Especially since Finance Minister Chrystia Freeland supposedly “reaffirmed the government’s commitment to ‘prudent fiscal management,’” and when this administration promises to “continue” something you know it’s not happening. But striving to remain positive…
Banks Linked to Cryptocurrency Community Collapse: Could New Regulations Have Prevented This?
Commentary We have seen several banks fail in the last few days. The failures seemingly came out of nowhere. However, there are a few commonalities among the banks that failed. I will try and connect some dots for you. I listened to a livestream from law firm Foley and Lardner. Partner Pat Daughterty said that all three…
Daylight Savings Time is a Matter of Life and Death—Literally
Commentary Sen. Marco Rubio (R-Fla.) recently reintroduced the Sunshine Protection Act of 2023, a follow-up to a similar bill introduced two years ago. If the bill is passed and receives the blessing of Joe Biden, permanent daylight saving time would take effect later this year. We may very well have witnessed the last clock change in U.S….
How to Separate Fact From Fiction
Commentary The State of New Jersey recently enacted a law that requires K–12 students to learn “information literacy.” Stated plainly, this is the skills to determine what’s true and what’s not. The law is allegedly the first of its kind in the nation. The sentiment behind the legislation is admirable, but the law itself is vague and gives the…
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