American workers feel their footing in the economy slipping. The stock market has hit high after high, while workers’ share of national income is at its lowest point in at least 75 years. Add to that an affordability crisis hitting…
Everyone is blaming AI for the death of craft. The music is generic. The clothes fall apart. The furniture is disposable. And somewhere in Silicon Valley, the algorithms did it. Except they didn’t — not alone, anyway. Take a good…
With a sprawling empire spanning electric vehicles, rockets, artificial intelligence, and social media, Elon Musk has built a reputation as one of the most influential—and unconventional business leaders of the modern era. And as SpaceX eyes a potentially record-setting public…
When China lined up a troupe of humanoid robots to dance in front of the German Chancellor earlier this year, a lot of people saw an impressive display of the nation’s technological prowess — but I saw something else. I’m from Texas. I…
It’s no surprise that the SpaceX offering statement, filed the evening of May 20, shows that as of today, the rocket, satellite and AI enterprise sports tiny revenues and books large losses. That its market cap following the IPO slated…
Most people see the $200 million ARR. They don’t see the summer in Spain with no air conditioning, a dwindling bank account, and investor rejection emails piling up. They don’t see the moment you realize you might have to tell…
The idiom “feeding frenzy” gained prominence in the mid-century, first primarily to describe the behavior of sharks frenetically ripping into large schools of fish. It’s chaotic, ruthless, and triggered by the perception of abundance. And I suspect the phrase gained…
Together with Steve Jobs and Ronald Wayne, Steve Wozniak set Apple on a path toward changing the world in 1976, when the trio officially founded the computer company. And while Apple is one of the world’s most valuable businesses today—with…
Walmart shoppers are feeling the crunch of higher prices at the pump, and it could be a sign of where the economy is heading. Walmart CFO John David Rainey said during the retailer’s latest quarterly earnings call this week shoppers…
OpenAI’s hotly anticipated IPO may be coming sooner than expected. Hot on the heels of co-founder Elon Musk filing for a trillion-dollar SpaceX offering, the ChatGPT maker is preparing to file its own confidential IPO paperwork, according to a report…