We Will Be In Touch Shortly

Thank you for reaching out. Our team will review your message and get back to you shortly. 

Jonathan Haidt: Parents are coming for the social media companies

By lucidcapitalism | March 3, 2025

(Financial Times) If you are a parent you are probably on a few group chats. And in between chatter about school fundraisers and the weather, one major topic persists: How much screen time is too much for kids? Parents are immensely concerned about their children’s exposure to screens and social media. So much so that…

Long-term investors split with asset managers over climate risk

By lucidcapitalism | February 12, 2025

(Financial Times) Institutional investors with $1.5tn in funds have told asset managers to step up on climate action or risk being dumped, in a sign of a split in the investment industry over how to deal with the financial risks of global warming. A group of 26 financial institutions and pension funds from Australia to…

An overdue idea for making the internet safer just got the funding it needs

By lucidcapitalism | February 10, 2025

(Platformer) As someone who believes that effective content moderation is a prerequisite for building good social products and promoting actual free expression, I’ve been depressed by platforms’ reactionary turn away from building them. But then last week, I learned of an initiative that might actually begin to reverse this slide — and some big platforms…

Big tech critic to take key FCC role

By lucidcapitalism | February 3, 2025

(Semafor) A leading critic of Big Tech will take the top legal position at a key agency that could target Google, Meta, and their rivals. Adam Candeub, an architect of a late effort in Trump’s first term to revoke legal protections for social media, will be general counsel of the Federal Communications Commission, its chairman,…

Zuckerberg has shown us who he really is. Believe him

By lucidcapitalism | January 30, 2025

(Fast Company) During my tenure at Facebook, now Meta, from 2014 to 2017, posters were plastered all over the grounds. “The job is only 1% done.” “Move fast and break things.” I was struck by one in particular on my first day of orientation: “Nothing at Facebook is someone else’s problem.” No matter my department…

Russian Oligarch Held Stake in SpaceX Via Trust While Sanctioned

By lucidcapitalism | January 29, 2025

(Bloomberg) A Russian senator who is one of the country’s richest men held a stake in Elon Musk-led SpaceX via a trust even after he was sanctioned by the first Trump administration, exposing gaps in the enforcement of rules intended to target elites who enable Kremlin policies, according to people with knowledge of the matter.…

OpenAI Furious DeepSeek Might Have Stolen All the Data OpenAI Stole From Us

By lucidcapitalism | January 29, 2025

(404 Media) The narrative that OpenAI, Microsoft, and freshly minted White House “AI czar” David Sacks are now pushing to explain why DeepSeek was able to create a large language model that outpaces OpenAI’s while spending orders of magnitude less money and using older chips is that DeepSeek used OpenAI’s data unfairly and without compensation.…

Fearing AI Will Take Their Jobs, Workers Plan a Long Battle Against Tech

By lucidcapitalism | January 16, 2025

(The Markup) The current frenzy around artificial intelligence has spread like a shockwave.  It started among engineers inspired by a 2017 research paper. Next came venture capitalists eager to profit from a new boom. They were followed by government officials racing to impose regulations. Now it’s labor’s turn. More than 200 trade union members and…

Investors pour billions into S&P equal weight fund as tech fears rise

By lucidcapitalism | January 14, 2025

(Financial Times) Investors have poured record amounts of money into a fund that spreads its assets equally across the S&P 500, as concerns mount that Wall Street’s returns have become overly reliant on a handful of technology titans. The Invesco S&P 500 Equal Weight exchange traded fund took in about $14.4bn in the second half…

Mastodon’s CEO and creator is handing control to a new nonprofit organization

By lucidcapitalism | January 13, 2025

(The Verge) Decentralized social network Mastodon has announced plans to transfer its ownership to a new nonprofit entity. Ownership of Mastodon will move away from the control of CEO Eugen Rochko, in contrast to the power exerted by other social media CEOs like Meta cofounder Mark Zuckerberg and X owner Elon Musk. “Simply, we are…