Tag: technology and innovation
The traditional bastions of news media are facing a formidable challenge: protecting themselves from the very consumers they aim to serve. Confronted with the of loss of advertising revenue to tech giants like Alphabet and TikTok and the encroaching presence of artificial intelligence, the companies are looking to government for help. This is doomed to [...]
In the current landscape of Republican presidential candidate priorities, there is a noticeable lack of emphasis on technology policy—a crucial area that demands attention. A substantial portion of registered voters, spanning all races and including those under 30, cite the economy as their primary concern. This concern intensifies in key swing states, with 39 percent [...]
The recent fall in cryptocurrency (crypto) and non-fungible token (NFT) values has led to anxiety, finger wagging, and calls for regulation. This is not surprising; bitcoin prices have fallen by one-third in the last 30 days. The largest crypto exchange, Coinbase, is laying off nearly one-fifth of its workforce. And the largest crypto lender, Celsius, [...]
Sen. Amy Klobuchar (D-MN) and retired US Army Gen. Wesley Clark teamed up in an Open Markets Institute forum to argue in support of current efforts in Congress to rewrite the meaning of antitrust in the US. These efforts include Klobuchar’s American Innovation and Choice Online Act (AICOA), the Competition and Antitrust Law Enforcement Reform [...]
Meta has come under investigation by the Federal Trade Commission for supposedly anticompetitive conduct concerning the Oculus headset and App Store, despite the fact that virtual reality is still very new to the market and needs time to adapt to consumer demands. This can only mean trouble for the future of the metaverse. Watch Dr. [...]