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#regulatorycapture — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #regulatorycapture, aggregated by home.social.

  1. Letting the fox run the henhouse. Is there no end to regulatory capture in the world? This regulator will now only protect corporations, not the public.

    Lawyer who defended Big Tech companies to lead Dutch privacy regulator nltimes.nl/2026/05/13/lawyer-d

    #nlpol #nlpoli #nlpolitiek #regulatorycapture #nederland #netherlands #privacy #consumerprotection

  2. I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

    I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

    #ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

  3. I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

    I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

    #ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

  4. I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

    I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

    #ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

  5. I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

    I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

    #ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

  6. I saw a meme post on Facebook suggesting that no one earns a billion dollars except by wage theft, that no one works a billion times harder than other hardworking people who make ordinary wages. That seems a fair claim. I wrote this next paragraph in response, kind of as a spur of the moment thought, but it's something I want to spend more time thinking about:

    I used to think that one solution to this was the practice of asking CEOs to not make more than some fixed multiple of their lowest-paid employee. But now I see the goal is to not employ anyone either. A lot of the benefits for corporations are justified on the idea that they employ people, so helping them helps people. Now that this assumption is on a path to being increasingly violated, we need to reconsider our special treatment of corporations as well.

    #ai #corporations #billionaires #NoBilliionaires #LateStageCapitalism #ShareholderCapitalism #RegulatoryCapture #society #ethics #unemployment #automation #law #CapitalGains #CapitalGainsTax #WealthTax #inequality #fascism #feudalism #oligarchy

  7. As someone with an interest in cryptography and, I guess as an extension, tradecraft (shout out to Minnesota Spy Club), I thought it was interesting that the Irish military intelligence agency (formerly "J2") decided to "decloak" in the Irish Times:

    It all seems reasonable enough but I don't know about the whole thing about protecting (among other things) "Irish business interests abroad." And then to tell us that they're working for "Ireland Inc.?" IDK. Not really the kind of public image that inspires confidence.

    #Spooks #Cryptography #Tradecraft #Facebook #Meta #RegulatoryCapture #Corporatism

  8. Kevin Warsh’s Nomination Solidifies Wall Street’s Grip on the Federal Reserve

    If confirmed, Kevin Warsh would be the latest Federal Reserve chair whose career took place primarily on Wall…
    #Economy #FederalReserve #FederalReserveSystem #KevinWarsh #regulatorycapture #revolvingdoor #wallstreet
    europesays.com/2785661/

  9. Jensen Huang Is Begging You to Stop Being So Negative About AI – Gizmodo

    Jensen Huang © Fotofield

    Artificial Intelligence

    Jensen Huang Is Begging You to Stop Being So Negative About AI

    “[It’s] extremely hurtful, frankly, and I think we’ve done a lot of damage,” he said.

    By AJ Dellinger, Published January 12, 2026

    Reading time 3 minutes

    Comments (50)

    Nvidia CEO Jensen Huang, who has seen his net worth skyrocket by nearly $100 billion since the AI boom started a couple of years ago, would really appreciate it if you would stop talking about the potential harms of the technology that’s supercharged his fortune. It’s really harshing his vibe.

    In an appearance on the No Priors podcast hosted by Elad Gil and Sarah Guo, Huang took aim at people who have suggested AI may have some significant, detrimental impact, from job displacement to expanding the surveillance state. “[It’s] extremely hurtful, frankly, and I think we’ve done a lot of damage with very well-respected people who have painted a doomer narrative,” he said.

    According to Huang, considering the potential existential risks of unleashing AI on society may do more harm than good. “It’s not helpful. It’s not helpful to people. It’s not helpful to the industry. It’s not helpful to society. It’s not helpful to the governments,” he said. He particularly took issue with other people in the industry going to the government and asking for regulation and mandatory safeguards. “You have to ask yourself, you know, what is the purpose of that narrative and what are their intentions,” he asked rhetorically. “Why are they talking to governments about these things to create regulations to suffocate startups?”

    Huang isn’t totally off-base about some of what he’s suggesting. Regulatory capture is a real risk, especially as multi-billion-dollar companies look to lock in their lead by using their absurd wealth to sway politicians and cement favorable policy. And there’s no doubt that AI players have been getting into the lobbying business. According to the Wall Street Journal, Silicon Valley firms have already poured more than $100 million into new Super PACs to push pro-AI messaging in the lead-up to midterm elections in 2026. There is also zero doubt that industry players use societal-scale risks as a marketing tactic: it makes their product seem full of endless potential, and it suggests they need to maintain control of it to keep everyone safe rather than letting this powerful tool fall into the wrong hands or be controlled by some government regulator. 

    Continue/Read Original Article Here: Jensen Huang Is Begging You to Stop Being So Negative About AI

    Tags: AI, Changes, Gizmodo, Government, Harms, Huang, Jensen Huang, Jobs Done by AI, Labor, Lobbying, Nvidia, Positive View, Regulatory Capture, Technology, Work Changes
    #AI #Changes #Gizmodo #Government #Harms #Huang #JensenHuang #JobsDoneByAI #Labor #Lobbying #Nvidia #PositiveView #RegulatoryCapture #Technology #WorkChanges
  10. Country music star plans petition calling for ban on Alberta coal mining

    Lund, who still lives and ranches in Taber area, near the banks of the Old Man River, downstream from the coal mines would be located, says he’s been fighting against coal mining for more than five years, but the campaign took on new urgency with news the government is developing a new coal mining policy.

    “It’s called CIMI, it’s called the Coal Industry Modernization Initiative, which so far has only been consulting industry and not conservation groups, not the public,” said Lund.

  11. Country music star plans petition calling for ban on Alberta coal mining

    Lund, who still lives and ranches in Taber area, near the banks of the Old Man River, downstream from the coal mines would be located, says he’s been fighting against coal mining for more than five years, but the campaign took on new urgency with news the government is developing a new coal mining policy.

    “It’s called CIMI, it’s called the Coal Industry Modernization Initiative, which so far has only been consulting industry and not conservation groups, not the public,” said Lund.

  12. Country music star plans petition calling for ban on Alberta coal mining

    Lund, who still lives and ranches in Taber area, near the banks of the Old Man River, downstream from the coal mines would be located, says he’s been fighting against coal mining for more than five years, but the campaign took on new urgency with news the government is developing a new coal mining policy.

    “It’s called CIMI, it’s called the Coal Industry Modernization Initiative, which so far has only been consulting industry and not conservation groups, not the public,” said Lund.

  13. Country music star plans petition calling for ban on Alberta coal mining

    Lund, who still lives and ranches in Taber area, near the banks of the Old Man River, downstream from the coal mines would be located, says he’s been fighting against coal mining for more than five years, but the campaign took on new urgency with news the government is developing a new coal mining policy.

    “It’s called CIMI, it’s called the Coal Industry Modernization Initiative, which so far has only been consulting industry and not conservation groups, not the public,” said Lund.

  14. Country music star plans petition calling for ban on Alberta coal mining

    Lund, who still lives and ranches in Taber area, near the banks of the Old Man River, downstream from the coal mines would be located, says he’s been fighting against coal mining for more than five years, but the campaign took on new urgency with news the government is developing a new coal mining policy.

    “It’s called CIMI, it’s called the Coal Industry Modernization Initiative, which so far has only been consulting industry and not conservation groups, not the public,” said Lund.

    kopitalk.net/c/alberta/p/83285

  15. Globe and Mail exposes collusion with Australian coal grubbers by Alberta Energy Regulator CEO Rob Morgan

    https://archive.li/HCGvt

    So just to recap here, Alberta’s UCP hands over $238 M to resolve an issue that was essentially an unforced error to a bunch of Australian coal companies. Given how at least one of those coal companies was noted as belligerent, I trust that they made sure to let us know what they thought when they got the money from the UCP.

    https://kopitalk.net/post/24925

    [Edit: Vagueness] Among these companies, Valory is catching attention due to how the Alberta Energy Regulator has acted in an unprecedented manner.

    From Alberta’s Big Payouts to Spurned Australian Coal Miners, by Andrew Nikiforuk,

    Valory Resources, which wants to build a massive underground mine near Nordegg under 15,000 hectares of public land, told The Tyee that it has settled its lawsuit.

    After the government cancelled its moratorium on coal exploration last January, Valory’s legal claim shifted “from a permanent expropriation claim to a temporary expropriation claim,” said Glenn Vassallo, head of corporate and project finance for Valory, in an email. Given the complicated nature of such a claim, “both Valory and the Alberta Government mutually agreed to settle and discontinue the claim.”

    Asked if the Alberta Energy Regulator’s unprecedented cancelling of a public hearing on another Valory project was part of the mutual agreement, Vassallo replied, “No it was not.”

    Now, about the AER’s unprecedented cancelling of a public hearing, it comes out that

    A series of e-mails between the head of the Alberta Energy Regulator, a coal-mining company and the Energy Minister’s office about a mine application has raised questions about the independence of the province’s energy watchdog.

    Nigel Bankes, a professor emeritus of law at the University of Calgary, said the e-mail exchange calls into question just how independent from government the AER really is.

    “What is disclosed I think is very troubling,” Prof. Bankes said in an interview, noting that Mr. Morgan’s request for input from the minister’s office came within hours of Summit’s application to the AER.

    While correspondence between the minister’s office and the regulator is to be expected, he said, “there should never be correspondence in relation to a current application before the AER.”

    To do so “creates the apprehension … or the actuality of political interference.”

  16. And there you have it: #ControlAI wants the government to issue AI licenses so that only the largest tech firms can control the technology. It's #RegulatoryCapture and for some reason Hank Green is swept up in the hype.

    controlai.com/dip

    #AI #OpenAI #ChatGPT