criticaltakes.bsky.social
What should we do about the power of multinationals? Fresh analysis, comment and reflection from civil society. Non-profit. Run by Diarmid O'Sullivan. https://criticaltakes.org For short monthly updates: https://criticaltakes.org/newsletters/
👤 Joined on 17 May 2024
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@criticaltakes.bsky.socialApart from data ownership, privacy, and ecological costs of digital farming, much of it doesn't even make business sense: "labour wages would need to rise above $140 per hour before autonomous machinery generates higher returns than conventional equipment" www.ft.com/content/aeb4...
Show PostCorporate profits are at record highs, but corporate tax revenue fell by about $70 billion this year. Why? Because last year's tax cuts let companies write off new investments immediately for the hundreds of billions in AI buildouts they were already planning. www.nytimes.com/2026/10/17/b...
Show PostEssential new report by @matthewus.bsky.social @openmarkets.bsky.social asks the right, hard questions about the AI bubble, that's partly fueled by billions in corporate tax breaks. When it bursts, will taxpayers be left holding the bag?
Show PostWhat would happen if you took a stock market bubble bigger than the dot-com bubble and combined it with a pile of risky debt bigger than the one that caused the 2008 financial crisis? You'd get something that looks a lot like the AI bubble we have today. www.openmarketsinstitute.org/publications...
Show PostVery strangely the 10 trade unions calling on the government not to approve the Rosebank oil field are getting a lot less coverage today than the one trade union calling on the government to green light more fossil fuel projects. www.businessgreen.com/news/4537337...
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