When AI Stops Being About Jobs — and Starts Being About Us
In today’s episode, I’m following the money, the infrastructure, and the politics:Nvidia just posted another monster quarter and showed that it’s still the caffeine in the US economy. Investors briefly relaxed, even as they warned that an AI bubble is still the top fear in markets. Google jammed Gemini 3 deeper into Search in a bid to regain narrative control. Cloudflare broke down and reminded us that the “smart” future still runs on pretty fragile plumbing. The EU blinked on AI regulation. And here in the U.S., the White House rolled out the red carpet for Saudi Arabia as part of a multibillion-dollar AI infrastructure deal that seems to be shiny enough to have President Trump openly chastising a journalist for asking Crown Prince about his personal responsibility for the murder of an American journalist.But the deeper story I’m looking at today is social, not financial. Politicians like Bernie Sanders are beginning to voice the fear that AI won’t just destroy jobs — it might quietly corrode our ability to relate to one another. If you’ve been following me you know this is more or less all I’m thinking about at the moment. So I looked at the history of this kind of concern, and while we’re generally only concerned with death and financial loss in this country, we do snap awake from time to time when a new technology threatens our social fabric. Roll your eyes if you want to, but we’ve seen this moment before with telegraphs, movies, radio demagogues, television, video games, and social media, and there’s a lot to learn from that history. This episode explores that lineage, what it means for AI, and why regulation might arrive faster than companies expect.
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Are We Overbuilding AI? Tulsa, Rail Mania, Space Data Centers & the Billion-Dollar Reality Check
Today’s Deep Cut asks a simple question: Is the AI industry building way more capacity than the world actually needs?To answer it, I look at three historical warnings:• Tulsa, Oklahoma, a city built for millions who never came after early oil wealth exploded and then evaporated.• Britain’s “Railway Mania” of the 1840s, when investors poured money into duplicate train lines that bankrupted entire companies.• And today’s AI giants, spending trillions on data centers, energy infrastructure, and even floating ideas about putting compute facilities in space.We’ll talk about why companies like OpenAI, Amazon, Meta, and others believe this infrastructure binge is justified, and where the logic breaks down. I also dig into the Kardashev Scale, the ecological cost of rocket launches, and the mismatch between AI’s lofty energy dreams and the reality of using all that power to generate wedding vows and knock-knock jokes.History is full of moments when industries overbuilt themselves into crisis. Are we repeating the pattern with AI?If you enjoy the show, you can subscribe to the newsletter at TheRipCurrent.com.
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AI Money Is Reshaping Global Power: Buffett Buys Big, Thiel Bails, Robots Faceplant, and Saudi Arabia Arrives
Today’s “Map” tracks the forces shaping tech, money, and global power on Monday, November 17th.We start with a rare move: Warren Buffett’s Berkshire Hathaway quietly taking a $4.9B stake in Alphabet — one of the most surprising bets of his career, and a clear signal about where long-term AI value is concentrating.Meanwhile, Peter Thiel just sold his entire stake in Nvidia (~$100M). For a man who’s made a career out of contrarian timing, this exit raises the question: what does he see (or not see) in AI’s hardware boom?I also recap a discussion I moderated with consular officials and regulators from across Asia, where the loudest concern wasn’t about safety or innovation — it was about AI’s failure to work in languages other than English. Meta is now pushing its new Omnilingual ASR model, supporting 1,600+ languages, to become a global “voice layer.” Whether it actually works is an open question.And then there’s Moscow’s big humanoid robot debut — where the machine walked onstage looking drunk, staggered around, and face-planted so hard its panels came off. It’s funny, but it’s also a reality check: the dream of a general-purpose home robot is still nowhere near ready.Finally, we look ahead: Saudi Crown Prince Mohammed bin Salman is visiting the White House with a massive investment and technology package — including AI access and a civilian nuclear deal — at the exact moment AI energy demand is exploding past U.S. grid capacity.The throughline:AI money — not AI models — is steering the world right now. A third of U.S. GDP growth last year came from AI infrastructure spending, and this week’s Nvidia earnings call will reveal where the next wave is headed.If you want more breakdowns like this every weekday, you can subscribe at TheRipCurrent.com.
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Is America Ready to Fight Big Tech? (with Sacha Haworth)
Are we ready to take on the tech titans? Sacha Haworth thinks maybe—just maybe—we finally are. The head of the Tech Oversight Project joins me this week to talk about the pervasive influence of Big Tech on our lives, and why recognizing a growing allergy to that influence is becoming a centerpiece of political strategy. We discuss the public’s growing concerns over privacy, children’s addiction to technology, and the economic and environmental effects of tech companies’ big AI plans on local communities. Sacha shares insights on political will and the bipartisan potential to regulate and hold big tech accountable, and the court cases and regulatory moves she’ll be watching most closely in 2026 and beyond.00:00 Introduction: The Growing Influence of Tech00:22 The Rip Current: Exploring Big Tech’s Impact01:05 Guest Introduction: Sasha Hayworth01:38 Election Insights: Tech’s Role in Political Wins02:43 Tech and Economic Issues in Elections03:35 The Rise of Data Centers and Their Impact06:29 Personal Journey: From Policy School to Tech Oversight10:41 The Tech Oversight Project: Mission and Goals11:46 Shaping the Narrative: Tech in Politics17:22 The Politics of Tech: Power and Influence22:03 Economic Speculation and the Tech Bubble28:36 Future Vision: The Impact of AI and Tech31:22 The Impact of Job Loss and Tax Incentives32:39 AI’s Influence on Young Minds34:49 Parental Concerns and Legislative Efforts40:28 The Dark Side of Chatbots49:03 Section 230 and Legal Protections01:00:56 Political Will and Bipartisan Efforts01:03:43 Conclusion and Call to Action
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Can Journalism Survive? (with UC Berkeley Journalism Dean Michael Bolden)
We can all agree that a free press is a cornerstone of American democracy, and that we want journalism in our lives. But that's different from making it possible to make a living as a journalist, and it's also not enough to protect the power of journalism against the libertarian worldview and AI slop being pushed on us all by the world's biggest companies. How will journalism survive? Jake talks with Michael Bolden, the new Dean of the Berkeley Journalism School, about his personal journey from Mobile, Alabama, to leading one of the country's top journalism schools. They dive deep into the philosophical importance of journalism, the complications brought by AI and media technology, and the crucial role of local news. Bolden emphasizes the necessity of adapting journalism education to future demands, including the incorporation of AI and influencer collaborations, and together they try to sort out how to bring together the best of this new, open world of information and the old world of true expertise and editorial rigor.00:00 Introduction: The Impact of Personal Background on Journalism00:29 The State of Journalism Today01:07 Challenges Facing Modern Journalism02:27 Introducing Michael Bolden: A Career in Journalism03:56 Michael Bolden's Early Life and Influences07:17 The Importance of Representation in Journalism14:04 Navigating Professional Challenges19:53 The Future of Journalism Education27:31 The Evolving Role of Journalists28:53 The Decline of Traditional Media33:38 The Rise of Influencers and Independent Journalists38:32 Political Influence and Media Ownership47:25 AI and the Future of Journalism57:12 Innovative Journalism Models59:20 Conclusion and Final Thoughts
The Rip Current covers the big, invisible forces carrying us out to sea, from tech to politics to greed to beauty to culture to human weirdness. The currents are strong, but with a little practice we can learn to spot them from the beach, and get across them safely.
Veteran journalist Jacob Ward has covered technology, science and business for NBC News, CNN, PBS, and Al Jazeera. He's written for The New Yorker, The New York Times Magazine, Wired, and is the former Editor in Chief of Popular Science magazine.
USA