What we are reading today, November 27, 2024.

More talk about artificial intelligence and all the news that matters from the world of business got our attention.
Shannon Vallor says AI does present an existential risk — but not the one you think
AI is not a “stochastic parrot,” It’s a mirror, says the philosopher.

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.

The stock market could be a key check on Trump’s agenda in his 2nd term
Trump’s policies are top of mind for investors heading into 2025, with tariffs and an immigration crackdown seens as potential headwinds for the economy.
Why Elon Musk can never balance the budget, in one chart
Elon Musk wants to slash trillions in “waste.” Good luck, buddy!

A Good Country’s Bad Choice
And what I got wrong about the 2024 election

What the Broligarchs Want from Trump
Tremendous power is flowing to tech and finance magnates.

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