This morning I was reading this Puck article about the public relations woes of the AI industry. In short, having the CEOs and industry leaders tell everyone for years that their product will lose jobs for half the population and quite possibly lead to the extinction of humanity led to some serious reputational challenges for AI. (The article is paywalled. But that and what follows includes the gist.) Author Ian Krietzberg correctly notes that this isn’t just blather or bad messaging. It’s an investment strategy. Silicon Valley venture investing is essentially a well-oiled FOMO machine. Getting people to invest means pumping up the disruptive, game-changing nature of the product. Disruptive dislocation is the basis of all Silicon Valley venture investing since it’s the basis of the stratospheric growth of a small percentage of bets which makes the whole economy make sense.

But that’s not the entirety of it. Or rather the mentality of the key players in the space is so bound up and shaped by the dynamics of the investment logic. In so many words, it breeds a feral mentality and personality type. It’s no accident that you have architects of that world having famous mottos like “move fast and break things.” It’s a culture based on hyperbole and valorizing transgressive attitudes and actions.

I got a host of very interesting responses to yesterday’s post about the tech platforms force-feeding the mass consumer market AI. I learned a lot from your responses, which included both direct personal experiences and expert perspectives on different dimensions of the topic. What is important to me about this moment is distinguishing two or three different very real things happening at once.

The first is a genuine critical mass in the development of LLM-based machine learning. This is a much better description than “AI” to my thinking, since the latter contains a vast range of meanings from simple and accurate to triumphalist and grandiose. But machine learning is real, and in recent years it’s developed real capabilities that are at least transformative in various areas of work and technology. I’m skeptical of what we’ve developed beyond this at this point but really don’t know. It could be a lot. And it will increase. I think this is the best way to understand the technology itself at this moment now.

Today, I want to share some additional thoughts with you on this ranging topic of tech lords and predators, the conquistadors and pirates in our midst. It’s a point that is perhaps the most visible part of the current moment, but because of that, paradoxically, hardest to see clearly. It’s been more than a century since the men at the highest pinnacles of the American economy so visibly and directly intervened in the country’s politics. An element of that is the highly personalist nature of the big tech monopolies. Mark Zuckerberg isn’t just a CEO or plurality owner. He is Facebook. He’s the founder, the driving mind since the beginning. I believe that voting rights are structured in such a way at Meta that in terms of control as opposed to equity stakes he is in total control. Meta cannot be taken away from him. Whether or not voting rights are precisely the same, a similar story prevails at Amazon, Google, certainly X and all of Musk’s companies. We haven’t seen anything like that since the Gilded Age and the Robber Barons, when big names like Carnegie, Vanderbilt, Morgan and Rockefeller similarly owned, drove and personified the great corporate behemoths and monopolies of the day.

For many decades, certainly since the Second World War, even the more politically- and ideologically-minded corporations kept their political spending and their exertions in the background. Perhaps they gave most of their money to Republicans but they’d give to Democrats too just to keep them mostly on side.

What we began to see in the late Biden administration and then to an almost mind-boggling degree through 2025 is not just the big tech titans cozying up to Trump and doing so visibly, but making themselves what we might call main characters in the American Political Cinematic Universe. There’s really nothing like it in our history. I know many friends who are into MMA and the UFC. My sons are into it. Not my thing. But great if it’s yours. But if you’re Mark Zuckerberg and you take ringside seats at a UFC match with Trump friend and UFC CEO Dana White, you’re sending a very clear and specific message and you’re sending it far outside the channels where most traditional political messaging takes place. Even more if you put White on your board. And the same applies to going on Joe Rogan’s show and talking about a rights movement for “high testosterone males.” Yes, Zuckerberg got into MMA before the so-called “vibe shift.” But not in this politics-inflected way. We’ve seen countless examples of this in so many different contexts, starting with that unforgettable inauguration image where the seats of greatest distinction were reserved for the centi-billionaire tech titans. Government of, by and for them.

I titled a recent Editors’ Blog post The Age of Monsters. I’ve been thinking about that post and theme again because I keep seeing more confirmation, more evidence of this dimension of the world we are currently living in. I stress again that the idea here is not that these “monsters” are bad people, though I would say that most of them are in varying degrees. The issue is their gigantism. They are so much more powerful than ordinary people, mostly but not in every case because of wealth, that they distort the whole fabric of society and politics. They are like big, clumsy and lumbering oafs who nonetheless have power that make if not the whole game than all the center of gravity be about them.