Let me tell you about the most wasteful US federal government spending I know about. It's a humdinger. You and everyone you know are mired in it for weeks, or perhaps months, every year.
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If Elon Musk wants to cut $2t from the US federal budget, there's a pretty straightforward way to get there - just eliminate all the beltway bandits who overcharge Uncle Sucker for everything from pharma to roads to (of course) rockets, and make the rich pay their taxes.
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The core regulatory proposition of the tech industry is "it's not a crime if we do it with an app." It's not an unlicensed taxi if we do it with an app. It's not an illegal hotel room if we do it with an app.
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"Boss politics" are a feature of corrupt societies. When a society is dominated by self-dealing, corrupt institutions, strongman leaders can seize control by appealing to the public's fury and desperation.
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Turns out Donald Trump isn't the only world leader with a tech billionaire "first buddy" who gets to serve as an unaccountable, self-interested de facto business regulator. UK PM Kier Starmer has just handed the keys to the British economy over to Jeff Bezos.
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Oh, not literally. But here's what's happened: the UK's Competitions and Markets Authority, an organisation charged with investigating and punishing tech monopolists (like Amazon) has just been turned over to Doug Gurr, the guy who used to run Amazon UK.
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