TheFutureParty
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As one of its first orders of business, the new Trump administration is set to announce a major AI infrastructure project in partnership with OpenAI, Oracle, and SoftBank. The Big Picture: AI was always destined to become one of the biggest topics of the incoming administration as the industry becomes the new global innovation battleground. The deal demonstrates […]
TikTok started making its case against the US government’s divest-or-ban law in front of the Supreme Court on Friday… and so far, it seems that the Justices are siding with upholding the law. That means TikTok could really be gone on January 19th when the law takes effect. Why It Hits: We don’t need to make the […]
As bitcoin continues to soar in value, many in government, including the president-elect Donald Trump, are angling to make the top crypto a part of the national reserves. The Big Bet: The incoming Trump administration is far more accepting of the crypto industry than Biden’s, which could give the industry a more prominent seat at the policy […]
A panel of three federal judges unanimously ruled against TikTok’s free-speech lawsuit that hoped to overturn the divest-or-ban bill… putting TikTok on a path of being shut down in the US on January 19th on national security concerns. Why It Hits: The Protecting Americans from Foreign Adversary Controlled Applications Act, which passed in April, makes it illegal for app stores […]
California is set to double its film and TV tax credits to lure productions back to the entertainment industry capital of the world. The Big Picture: Even though California is home to Hollywood, most movies and shows now shoot in locations with generous tax credits — Georgia, Louisiana, New York, the UK, Australia — as a way to […]
Both governmental agencies and private tech giants are working together to restart nuclear plants all across America, tapping into the powerful and misunderstood energy source for the first time in decades. Why It Sparks: The explosive growth of the AI industry requires a lot of energy to power the technology, so firms are rushing to find sustainable sources that […]
California passed a law extending the state’s Consumer Privacy Act to protect the privacy of a person’s brain data collected by neurotechnology companies (i.e., pretty much everyone in Silicon Valley). The Big Thought: Applications and technologies as diverse as mixed-reality headsets and meditation platforms can in some way record and collect the neural data of users… and […]
California Governor Gavin Newsom signed a new bill into law that puts strict parameters around how social media apps can interact with minors in the state. The Big Picture: Governments, social scientists, and parents are trying to figure out how best to moderate kids’ relationships with social media — technology designed to keep us endlessly engaged. Like many […]
Today, Google and the Justice Department are set to go head-to-head on whether Google’s dominance in digital advertising is monopolistic — a verdict that could radically change the market and give competitors a chance. The Big Picture: The ad market trial comes just weeks after the DOJ prevailed in its case against Google that its search market power was […]
The SAG-AFTRA-backed bill that gives working actors protection from the creation of deepfakes has officially passed California’s Senate and is on the fast track to being signed into law. The Big Picture: The use of digital doubles by studios and streamers was a major point of contention during last year’s actors’ strike, so California’s passage is a win for workers’ […]