The High Costs of the Cloud
Data centers make “the cloud” tangible. The supposed benefits—such as jobs—might not be.
A piece in last Tuesday’s Wall Street Journal reiterates the point Roger Bybee made in our May/June issue (“Corporate America’s Counter-Stimulus Strategy”): Companies are shuttering profitable plants and putting workers out on the street despite viable buy-out offers in order to raise the price of a product they are still producing elsewhere by reducing capacity.
Read the whole piece here.
Read next
The AI Safety War in My Back Yard
In the contest between Micah Lasher and “AI guy” Alex Bores, is Bores a wolf in sheep’s clothing?
Assessing Bidenomics
Is the Biden administration’s economic policy a break with neoliberal orthodoxy, or more of the same?
One Year After the New York Nurses’ Strike, What Comes Next?
Chronic short staffing is a common complaint of nurses working in U.S. hospitals—one that reflects a dangerous problem,