In the Media

The fate of Chelsea Convenience shows, in its small way, that business and capitalism can be at odds — that the drive for immense capital gains can drain the life out of human-scale business. For entrepreneurs, the American economy, with its extreme centralization, is becoming more like the Soviet economy Mr. Feygim left behind.

Facebook is now the outlier, and it is increasingly hard to understand why it is insisting on accepting not only political advertising, but even deliberate and malicious lies if they are in the form of paid advertisements. Given how much can go wrong — and has gone wrong — the question everyone is asking is: Why does Facebook think it needs to be in this game?

NPR's Ailsa Chang speaks with Tim Wu, a professor of law, science and technology at Columbia Law School, about how to break up big tech and increase competition.

If the race for powerful A.I. is indeed a race among civilizations for control of the future, the United States and European nations should be spending at least 50 times the amount they do on public funding of basic A.I. research. 

By Tim Wu
Cynicism in the face of pious corporate proclamations can be healthy. But there is increasing reason to think that the virtuous corporation is not an oxymoron but a necessity.

By Tim Wu
This week, nine states and the District of Columbia, led by New York’s attorney general, Letitia James, filed suit in federal court in New York to block the merger. With this move, the states have jumped the gun on the federal government, which has yet to fully approve or reject the deal. And if the states win in court, as they seem likely to, the merger is dead. Inadvertently, this corporate blunder has created a new role for the states in merger review: acting as a backstop in cases of gross dereliction of duty by the federal government.