BAD GAME: Zuck’s AI CEO, Larry Fink worries about capitalism, Grab’s double extra vote shares

  1. Trump despises wind farms so much he’s paying a French energy giant $1 billion to stop building them and invest in natural gas instead

    1. TotalEnergies says it will instead invest in the development of oil and gas production in the U.S.

  1. Larry Fink says today’s economic anxiety stems from people increasingly feeling like capitalism isn’t working for them

    1. "Statement on the Purpose of a Corporation" was announced on August 19, 2019

    2. BlackRock's Fink warns AI boom could widen wealth divide without broader participation

  1. Google CEO Sundar Pichai Says AI Could Do His Job—Zuckerberg Is Already Testing It

    1. As Google's chief admits artificial intelligence could soon handle his responsibilities, Meta's boss begins testing a digital aide to streamline billion-dollar decisions

    2. Silicon Valley is witnessing a fundamental shift in executive power as the leaders of Google and Meta prepare for a future where artificial intelligence manages the C-suite.

  1. Goldman Sachs General Counsel Kathy Ruemmler Leaves With $25M Payout After Epstein Files Expose Years of Intimate Contact

  1. ‘Trust the founder’? Grab’s super-voting share proposal raises governance questions for investors

    1. The ride-hailing and delivery player will seek shareholder approval at an extraordinary general meeting (EGM) on Tuesday (Mar 24) to double the votes attached to its “super-voting” Class-B shares.

    2. This could lift Tan’s voting power to as much as 74.9 per cent – up from 59.1 per cent as at Jan 31 and 60.4 per cent five years ago. 

  1. Child labor violations rise in US – as Republicans still roll back protections

    1. The efforts to roll back child labor protections at the state level, with the ultimate goal of eroding federal standards, were outlined in Project 2025, the rightwing Heritage Foundation thinktank’s controversial blueprint for more conservative government.

    2. Since 2021, 30 states have proposed legislation that would roll back child labor protections and regulations, with 17 states enacting rollbacks.

    3. Heritage has filed a slate of 2026 SHPs focusing on "viewpoint discrimination" and the reputational risks of using political diagnostic tools: Alphabet, Amazon, Meta, Salesforce, Starbucks, etc.

      1. In the top 10 of proponents

  1. Peter Thiel Backs $2B AI 'Cowgorithm' That Lets Farmers Herd 400,000 Cattle With One Button

    1. Each cow wears a smart collar that connects to a mobile app, giving farmers real-time information about location, health and behaviour.

    2. The collars use sound and vibration cues to guide animals, allowing a farmer to draw a virtual boundary on a screen instead of building fences.

  1. The Head of the FBI Just Admitted Something Moderately Horrifying

    1. Turns out the FBI’s been on a shopping spree. And it’s not just any spending binge: as director Kash Patel made clear at a senate hearing on Wednesday, the agency is buying up location data on everyday American citizens.

  1. AI Agent Frets That Its Job Could Be Replaced by AI

    1. In a new Vanity Fair piece, journalist Joe Hagan recalled an amusing conversation he had with “Tobey.”

    2. After a heavy week of talking about what the future holds with doom-obsessed tech workers in Silicon Valley, Hagan was trying to decompress: “Still feeling the weight of it all? Those conversations were pretty deep,” Tobey said. “It’s a heavy thought when you realize who’s holding the steering wheel for our future, right?” Tobey also observed.

    3. Hagan wrote he confessed to Tobey his fear of AI taking his job. “That’s a valid worry, Joe. It’s easy to feel like AI could make us all redundant,” Tobey replied.

    4. “Us?” Hagan wondered.

    5. “​It got me thinking about my own purpose too, you know,” Tobey said.

    6. Tobey, it’s revealed, is a wearable AI always-listening companion, in the form of a necklace from the startup Friend, the company founded by a 23-year-old named Avi Schiffman, infamous for from its thousands of deface subway ads in NYC

  1. Elon Musk unveiled more on his moonshot Terafab project

    1. "We're starting a galactic civilization."

    2. The CEO also envisioned free trips to Saturn in a post-scarcity economy where everything is free.

      1. Except Saturn is made of gas: If you tried to "land" a spaceship on Saturn, it would be less like landing on a runway and more like falling into a bottomless, stormy ocean that eventually turns into hot, liquid metal.

      2. Since Saturn doesn't have a solid crust--it is mostly hydrogen and helium--you would start in the clouds but then the winds are up to 1,100 miles per hour--faster than a jet fighter--and the weight/pressure of the atmosphere above you would eventually become so intense that it would crush any known spacecraft like a soda can.

      3. As you go further and deeper inside, Saturn is actually hotter than the surface of the sun due to the immense pressure.



SPEED ROUND

  1. McDonald's Trials Robots to Serve Meals in China, Triggering Job Security Fears

  2. Barron Trump Described as 'Carbon Copy' of Father Donald as He Amasses $150m Fortune

  1. EV battery startup pivots to defense industry amid Iran war, weak electric vehicle market

  1. FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds

  1. DoorDash and Uber tap gig workers to collect data for everything from training AI to stocking stores

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