I’m seeing a lot of mixed opinions about the Fox/Dominion settlement. Mostly, I agree with David’s sum-up and response. To the extent you’re disappointed or feel like Fox got away with it, your expectations were unrealistic. Dominion’s a private company. It’s in the business of being in business and making money, not saving American democracy.

It’s genuinely difficult to comprehend the magnitude of the financial settlement: upwards of a billion dollars. Someone asked me yesterday if it were the biggest defamation settlement in history. I noticed a few reports basically hedging on this point, calling it likely the biggest settlement ever. But I think that’s mostly because it’s hard to prove a negative on the fly. I’m not sure there’s ever been a pay out even a 10th the size. (Mammoth verdicts are often trimmed down or tossed entirely on appeal.)

I’m also surprised that there was no admission of error, let alone an apology — we’ll get to that in a moment. But the reality is that the discovery process itself was a devastating verdict on Fox’s lack of any journalistic principles as a news organization. And the galactic size of the settlement really speaks for itself.

When we started this year’s annual TPM membership drive we needed to add at least 500 new subscribers. We’re now just 38 new subscribers short of that goal.

I wanted to share some thoughts on AI, artificial intelligence. The part of the discussion that has my attention is certainly not being overlooked. But it’s not at the center of the debate. It deserves more attention.

There are lots of different uses for so-called “generative AI.” But the kinds I’m particularly focused on are the ones used to create visual art based on textual prompts, write essays or even compose songs. This part of the discussion first got my attention a few months ago when an artist/illustrator friend of mine started talking about it on social media, how Silicon Valley’s latest disruption was set to put illustrators and artists — so often living on the financial margins already — out of business.

Now, job disruption isn’t new in this discussion. The fact that AI will put tons of people out of work is something that everyone talks about. But her discussion got me to focus on the fact that in these creative areas, what generative AI and LLMs are doing is going out and consuming all the existing art, or writing or musical compositions and learning how to create new works by absorbing all that information. Put more directly, that AI engine that creates the cool futuristic drawings of your face learned how to do that by consuming the work of thousands or millions of artists to learn how to produce the images that will now make the work of those same artists and illustrators superfluous and end their ability to make a living.

And now we know: there was no last-minute deal to settle the Dominion defamation case against Fox News. Jury selection is currently underway. Yesterday, I said I had some question over whether Dominion’s decision not to present a claim about the loss of future profits might signal that they were clearing the way for a settlement. Apparently not.

I should note that I did hear from a number of lawyers yesterday who said that they interpreted this as most likely a matter of Dominion focusing its trial strategy now that they know a lot more about what the trial, with the benefit of discovery and the judge’s decisions, is going to look like.

We have now added 448 new members toward our goal of adding 500 new members during our annual TPM membership drive. That means we’re 52 sign ups away from achieving our goal.

Sen. Kirsten Gillibrand (D-NY) took to the airwaves yesterday in defense of Sen. Dianne Feinstein (D-CA), arguing that it’s up to Feinstein to decide if and when she leaves office before the end of her term. Gillibrand says that many other senators have had serious illnesses that have kept them away from the Senate. “They all deserve a chance to get better and come back to work. Dianne will get better. She will come back to work.”

This is not a strong or good argument.

It’s certainly true that senators, most of whom are over 65, have had health problems that take them away from the Senate. They’re not pressured to leave office in the way Feinstein is being pressured.

But Feinstein’s case is very different.

A little tea leaf reading on the Dominion Fox trial. The trial, which was supposed to begin today, was delayed one day to allow the parties one last chance to reach a settlement. If you look at the details this appears to be at the judge’s instigation. That is not unusual. Judges would almost always like to see the parties resolve their disagreements prior to trial; and one day left before trial tends to focus people’s minds. In addition to a potentially mammoth judgment the trial itself is likely to be highly damaging to Fox. But the one day delay and final negotiations do not necessarily mean that either party has become more inclined to reach a deal.

There’s another point that comes up in this Post piece. Dominion appears to have dropped $600 million of its $1.6 billion claim against Fox. That $600 million was for lost future profits, whereas the remaining $1 billion was for lost “enterprise value.” The revelation is a bit murky because it came in a Sunday filing from Fox, which references an email from Dominion. But a statement Dominion gave to the Post appears to confirm that that part of the claim was withdrawn.

One of the small community of moneymen who fund the Republican Party is pulling his support from Ron DeSantis. Thomas Peterffy, the wealthiest man in Florida until Ken Griffin relocated there, tells The Financial Times that “because of [DeSantis’s] stance on abortion and book banning … myself, and a bunch of friends, are holding our powder dry.”

Though numerous press reports and a letter to employees say Griffin moved to Florida for tax purposes and the better corporate environment, Griffin told Fortune magazine, in an interview sent to TPM in response to this article, that taxes were not the reason he and his company moved to Florida.

From the Journal …

The people in the online spaces where Airman First Class Jack Teixeira spent his time and allegedly leaked highly classified documents had many things in common. In obscure game forums and private online chat rooms, his friends posted slurs against minority communities, Ukrainians and pretty much everyone else. 

Everyone, that is, except Russians.

Members of that small community, hosted on the social-media app Discord, admired President Vladimir Putin’s regime and its war on Ukraine. 

Trump Youth.

We are currently at exactly 400 408 420 429 440 sign ups in our annual TPM membership drive. 100 92 80 71 60 to go. We think we’re going to make it.