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Google CEO Eric Schmidt Serving In DOD

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(Via Zerohedge)

A staunch supporter of the Democratic Party and critic of President Donald Trump, Schmidt still continues to lead the Defense Innovation Board (DIB), even well after the new administration took over in January. This begs the question: should Schmidt’s history of partisan advocacy and condemnation of Trump be a worrisome prospect for the current White House?

Regardless of the answer, Trump’s retention of Schmidt may be emblematic of more than political divisiveness within the current administration, like from “Obama holdovers.” In fact, it may be the opposite of unwanted internal discord and a sign of an underlying ethos for the Trump administration — diversity of thought.

“When you look at the composition of the initial Economic Advisory Board, it kind of reminds me of what Trump is doing here,” Justin Danhof, general counsel of the National Center for Public Policy Research and director of the Free Enterprise Project, told The Daily Caller News Foundation. “He’s putting together a team of rivals. If you want to get to the best ideas, you can’t have everyone in the room thinking the same thing.”

Alphabet announced on Thursday that Schmidt will be stepping down in January, marking the seeming end to a 17-year-career at Google and its parent company. It’s quite likely that he will maintain economic and personal interests in the business, especially since he’s expected to stay on as a member of Alphabet’s board of directors and serve as an adviser.

The DIB was formally created in March 2016, and former Secretary of Defense Ash Carter later announced that Schmidt would be heading the organization. Other specifically chosen board members include famous astrophysicist Neil deGrasse Tyson, LinkedIn cofounder Reid Hoffman, Wharton School of Business professor Dr. Adam Grant, Instagram COO Marne Levine, University of Texas chancellor and former Special Operations Command commander Navy Adm. William McRaven, among several others.

Some, like David Williams, president of the Taxpayers Protection Alliance, saw Schmidt’s taking of the helm as somewhat disconcerting given the “open-door policy” the Obama administration allegedly had with one of the country’s most powerful companies.

“There needs to be a massive amount of oversight with this Board,” Williams told TheDCNF. “If the DOD is contemplating new technology to address a new defense need, will it be skewed toward a technology that benefits Google or one of the companies? Massive potential for conflicts of interest with real taxpayer implications.”

And it’s not just personal business affairs that are concerning to some — Schmidt’s own brand of politics could conceivably come into play, whether intentionally or subconsciously. He was spotted wearing a staff badge during then-Democratic candidate for president Hillary Clinton’s election night party. Not long after, Schmidt reportedly told an audience of employees that Trump is “going to do these evil things as they’ve done in the immigration area and perhaps some others.”

In correlation with his statements to employees, Alphabet also reportedly spearheaded the funding efforts for the legal brief signed by nearly 100 companies that objected to Trump’s temporary immigration ban.

But due to the work of the DIB — which mainly centers around projects like modernizing military bases and ensuring defense systems are sufficiently up to date — it appears that personal politics likely has a minimal impact.

“The Defense Innovation Board is focused on supporting the Department of Defense on issues, such as AI, data analytics, software acquisition, and shaping the culture of the DOD workforce. These issues know no partisan boundaries,” Navy Cmdr. Patrick Evans, who does press operations for the Pentagon, told TheDCNF. “DOD cares about enhancing lethality, strengthening alliances and partnerships, and reforming the Department. DIB is about advancing the Department and serving the American public, not politics.”

Google declined to comment on the record and referred TheDCNF to the DOD for any statements or insight.

A top representative for Google was sure to add, though, that Schmidt serves on the board in a personal respect, separate from his work at Alphabet or its subsidiaries.

Conversely, Schmidt could arguably be more than a good fit for the DIB given its overarching goals.

The program “seeks to advise the department on areas that are deeply familiar to Silicon Valley companies, such as rapid prototyping, iterative product development, complex data analysis in business decision making, and organizational information sharing,” Evans explains. “Then-Secretary Carter selected the board to represent a cross-section of America’s most innovative industries, drawing on technical and management expertise from across the country.”

Furthermore, Alphabet is a tech conglomerate that, along with other functions, serves as a corporate umbrella for several subsidiaries including Google. Most notably, Alphabet includes X lab, which serves as an incubator for startups, meaning the larger holding company also acts as a hub for technological research and development.

Williams says that “the idea of the DIB isn’t a bad one” because updating the government’s services and infrastructure is needed.

“The only concern is that there’s too much of an emphasis on tinkering rather than fundamental reforms, like ending big failing spending programs,” he added, implying that innovation may distract from more necessary changes, like deep cuts to costly expenditures.

Danhof says the DIB is a great idea, even with the prospect of it backfiring for Trump if board members resign out of political protest.

“If you think about how laggard the U.S. government is when it comes to innovation and technology breakthroughs, if you look at the backlog that’s at the VA [Department of Veteran Affairs], if Eric Schmidt could do even one thing to improve something like that, then I think that this should be cheered as a great success,” Danhof asserted. “President Trump should be cheered for thinking outside the box and going with someone who has spoken out against him, who is a political rival in a sense in that he supports the other party full lock, stock, and barrel. Trump is willing to look past all of that to try to find the best people to help this government operate better.”

While also commending Obama for the board’s creation, Danhof said having Schmidt stay on the board is a true sign of Trump’s acute business acumen since any good business operator or owner doesn’t hire people merely because they think the same way and are likable.

“You hire someone who’s the best person for the job,” Danhof continued. “If it’s how we technologically innovate, why wouldn’t you think of one of the founders of Google, even if he is against you in almost everything you say, think, or do in a political standpoint?”

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Business

Enjoy Your Tasty Wheat: How AI Corporate Greed is Killing Humanity

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Why the elite have decided it’s better to feed machines than humans.

We have a lower class of CEOs. And AI is making it worse.

In the past, these titans of industry would invest in their communities: libraries, public works projects, parks, or actual philanthropy.

Today’s C-suite “geniuses” engage in fake activism, bribery disguised as donations, and a complete nihilism from the communities they proclaim to serve at the safety of their gated communities.

It used to be a source of great pride for an owner to discuss how many employees they have. They would boast about how they put food on the table for families. They would talks about benefits, and how well they take care of their workers. Hell, they used to even describe them as “family.”

Now, they can’t wait to tell shareholders how they automate everything themselves, outsource to foreign countries for pennies on the dollar, and utilize AI to cut their entire labor force (we will get to this soon.)

The common thread is that those at the top are completely divorced from their workforce, the very people that happen to also be their consumers.

This was the situation largely even before AI. It’s gotten worse. They are absolutely foaming at the mouth to displace workers.

The only way to describe it is a race to the bottom. Investing millions into replacing humans with AI. This is already happening, and the reward has been big short-term gains from cutting jobs that look like more profitability to investors.

What’s more is that these AI data centers need billions of gallons of water, insane amounts of electricity, and tons of facilities to expand growth. It’s so astronomical they’re talking about moving it into space.

Think about it for a minute: companies would rather provide “drinking” water, “feed” electricity, and pay to “house” MACHINES instead of paying a living wage to people.

In fact, it might even be cheaper to pay a living wage. That isn’t stopping industry leaders from chasing their human-less dreams, despite it taking less energy and resources for humans. Yet they’re still choosing machines.

They are even willing to operate at a loss simply for the idea that they can save the cost of paying a wage.

There are a few outcomes that are possible:

Best case: AI hype is exposed as overblown and companies understand that it’s simply a tool and they need actual operators behind the steering wheel. AI starts creating more jobs. It seems unlikely, but given that AI in actuality produces more slop than creative, it’s possible.

Worst Case: The arms race of displacing workers continues. Their greed hasn’t ever really showed signs of waning. To supplement the slop it creates, they will use freelance labor from countries like India to extinguish the fires it creates and justify not needing a full time employee. They will stop at nothing to chase their goal of a technocracy to increase profits. (Note: They think they don’t need you to even buy their products with the top 1% buying 50% of the goods.)

They trained AI on your work, fired you to save money, flooded the world with soulless garbage, empty warehouses, and call it innovation.

To them I say: enjoy your tasty wheat.

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Business

MAGA: From Shopping Mall to Manufacturing Hub 2.0

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Title: America’s Transition: From Shopping Mall to Manufacturing Hub 2.0

In the past few decades, America has often been described metaphorically as a giant shopping mall or auction house, where consumption and commercialism have dominated the landscape. However, with the rise of the Trump administration and the ambition to “Make America Great Again,” a new vision is emerging—one that aims to transform the nation into the world’s greatest manufacturing hub ever seen, leveraging AI, blue-collar labor, and a combination of innovative technologies.

The shift from a consumer-driven economy to a production powerhouse signifies a strategic move towards self-sufficiency, economic resilience, and global competitiveness. This transformation is not merely about revitalizing industries of the past but embracing cutting-edge technologies and sustainable practices to redefine the future of manufacturing.

At the heart of this evolution lies the integration of artificial intelligence (AI) into manufacturing processes. AI-driven automation streamlines production, enhances efficiency, and reduces costs, enabling American manufacturers to compete on a global scale. By harnessing the power of machine learning and predictive analytics, businesses can optimize supply chains, minimize waste, and customize products to meet diverse consumer demands.

However, the vision for America’s manufacturing renaissance extends beyond technological innovation. It embraces a diverse workforce, blending the traditional blue-collar skillset with the expertise of engineers, data scientists, and software developers. This fusion of talent creates a dynamic ecosystem where creativity, problem-solving, and collaboration drive continuous improvement and sustainable growth.

Moreover, the resurgence of American manufacturing is not confined to a single sector but encompasses a broad spectrum of industries, from automotive and aerospace to electronics and renewable energy. By leveraging cross-disciplinary expertise and fostering strategic partnerships, the United States can position itself as a global leader in advanced manufacturing, setting new standards for quality, innovation, and sustainability.

One of the key strengths of this manufacturing transformation is its adaptability and resilience. In contrast to the volatility of global markets and supply chains, a robust domestic manufacturing base provides stability and security, mitigating risks associated with geopolitical tensions, trade disputes, and natural disasters. By decentralizing production and embracing local sourcing, America can reduce its dependence on foreign imports and safeguard its economic sovereignty.

Furthermore, the transition towards a manufacturing-centric economy aligns with broader societal goals, such as job creation, workforce development, and regional revitalization. By investing in vocational training programs, apprenticeships, and re-skilling initiatives, the United States can empower individuals from diverse backgrounds to thrive in the digital age and secure meaningful employment opportunities in the manufacturing sector.

As America embarks on this journey towards manufacturing excellence, it must also prioritize sustainability and environmental stewardship. By embracing eco-friendly practices, renewable energy sources, and circular economy principles, manufacturers can minimize their carbon footprint, reduce waste generation, and preserve natural resources for future generations.

In essence, the vision of America as the world’s greatest manufacturing hub represents a paradigm shift—one that transcends partisan politics and embraces a collective aspiration for progress, prosperity, and shared prosperity. By harnessing the transformative power of AI, blue-collar ingenuity, and interdisciplinary collaboration, the United States can reclaim its status as an industrial powerhouse and pioneer a new era of manufacturing innovation on the global stage.

As the nation embarks on this ambitious journey, it must remain steadfast in its commitment to inclusivity, sustainability, and technological leadership, ensuring that the benefits of the manufacturing renaissance are felt by all Americans and resonate across borders, shaping a brighter and more prosperous future for generations to come.

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Business

Outrage As Robinhood CEO Confesses To Elon Musk: DTCC Shut Down Stocks In Gamestop; AMC Surge

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Did Congressional authority allow DTCC to help defraud middle-class investors buying Gamestop and AMC?

The CEO of Robinhood admitted to Elon Musk that the DTCC – The Depository Trust & Clearing Corporation – halted trading during a call Monday morning on the Clubhouse app.

Proof: https://youtu.be/K2CEImKce6s

This is not the first time this has happened…

2008 case: https://casetext.com/case/pet-quarters-v-depository-trust-clearing

Sound familiar?

This appears to be Pet Quarters having the same issue Robinhood has today.  When Pet Quarters took it to court, the courts said something along the lines of: f*** you, don’t ever come back here (citing technicalities).

Why did they win? Well, DTCC is given the authority by Congress to regulate despite technically being a private organization

There’s more – “To date, except for one case where DTCC’s dismissal motion is pending, all of the cases either have been dismissed by the courts or withdrawn by the plaintiffs.”

Proof: https://boards.fool.com/federal-court-dismisses-lawsuit-against-dtcc-24179123.aspx

Every AG in the country should be made aware of these facts and open investigations into the matter.

Why does Congress get to deputise a private organization as eco-hitmen for the market?

UPDATE (2/3/20 5:09 AM):

(Reuters) – Robinhood Chief Executive Vlad Tenev is expected to testify before a U.S. House committee on Feb. 18, Politico reported on Monday, citing people familiar with the matter.

The hearing before the House Financial Services Committee has not been formally announced, the report added

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