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Bloomberg Opinion is a non-partisan, global platform for opinion and analysis about pivotal economic, political and cultural issues.

Website
http://www.bloomberg.com/opinion
Industry
Online Audio and Video Media
Company size
51-200 employees
Headquarters
New York
Founded
2011
Specialties
business, politics, technology, economics, ideas, markets, policy, and finance

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  • Bloomberg Opinion reposted this

    View profile for Dave Lee

    US Technology Columnist at Bloomberg Opinion

    $14 billion raised so far and it'll just about run out by the end of this month -- that's the staggering losses of Elon Musk's xAI. The company is out now trying to raise another $9.3 billion, according to a Bloomberg report. In today's column I question whether the cash burn will ever end. Grok has some serious disadvantages against other chatbots/AI models, making this a particularly risky bet in an ocean of risky bets. Read on Bloomberg Opinion here (gift link!): https://lnkd.in/emvNJ-AE #ai #elonmusk #xai

  • Bloomberg Opinion reposted this

    View profile for Beth Kowitt

    Senior Columnist at Bloomberg Opinion

    In business as in politics, one of the worst things you can do is expose yourself as a flip-flopper. And this Pride Month is shaping up to reveal a record number of corporate wafflers. A long list of companies have all declined to renew or scaled back their corporate sponsorships of Pride events and marches this year. Management teams seem to think it’s a better business decision to risk upsetting LGBTQ customers and employees than potentially anger the right and the Trump administration. 🔗 Read my Bloomberg Opinion on how companies that jumped into Pride for good business reasons are exiting based on vibes rather than data. https://lnkd.in/eDTSsUSz 📽 Or watch the tl;dr video version:

  • Bloomberg Opinion reposted this

    View profile for Liam Denning

    Energy Columnist, Bloomberg Opinion

    Republicans in Congress look set to gut clean energy credits to pay for their tax bill. Hopes that the Senate will dilute the zealotry of the House bill look misplaced, if the Finance Committee’s language is anything to go by. That leaves the project of decarbonizing the US grid more dependent on a sector that has made its peace with President Donald Trump’s agenda but also has other pressing considerations: Big Tech. Hyperscalers dominate when it comes to signing the corporate PPAs that get wind and solar projects built. Just four account for about three quarters of contracted capacity signed so far this year. Renewable energy doesn’t provide all the needs of datacenters. But such projects are quick to build and help meet decarbonization pledges, including offsetting emissions from the gas plants that are also benefiting from the AI race. Most importantly, electricity bills take less than 2% of the hyperscalers’ revenue, so the loss of tax credits represents a rounding error in extra costs. Those same deep pockets also make Big Tech crucial to another decarbonization effort: Nuclear power. Read about it here at Bloomberg Opinion https://lnkd.in/e-HU6tsD

  • Bloomberg Opinion reposted this

    View profile for Gearoid Reidy

    Columnist, Bloomberg Opinion

    As one legend departs and a new hometown hero is crowned, sumo is wrestling with a generational change. Years of scandal and foreign dominance have often made the headlines. But sumo is more popular than ever, and Japan’s national sport is in the midst of transition as its greatest-ever champion departs amid controversy. Can the newly crowned hometown hero, a 25-year-old Japanese yokozuna, lead sumo into a new era? My latest for Bloomberg Opinion, free to read for the next week: https://lnkd.in/gAK_BMdR

  • Bloomberg Opinion reposted this

    View profile for Dave Lee

    US Technology Columnist at Bloomberg Opinion

    A short Bloomberg Opinion vid on how Mark Zuckerberg (and other tech companies) are treating the Silicon Valley start-up ecosystem like a big farm* team for their AI talents, now that buying companies is too difficult and slow. (*Apparently this is what Americans call "feeder" teams. Strange country, honestly.) Read my full column here (gift link): https://lnkd.in/eEB2_f_d

  • Bloomberg Opinion reposted this

    View profile for Andreas Kluth

    Columnist at Bloomberg Opinion

    Fifty years ago, it seemed like such a good idea. At the initiative of the West German and French leaders, the six leading industrialized democracies convened their first regular meeting to manage a troubled world — problems included the collapse of the Bretton Woods system, the oil shocks and stagflation. They later became the Group of Seven, then briefly 8, then 7 again. But as this club concludes its latest summit in the Canadian Rockies by defining success merely as avoiding a rage quit by the American guest, one wonders: What’s the point anymore? The world is on fire from eastern Europe to the Middle East and beyond, and the G-7 leaders are at odds over how to analyze, let alone solve, any of these conflicts. French President Emmanuel Macron and others want Israel to desist from further escalation against Iran. US President Donald Trump may not have wanted Israel to attack Iran while his own envoy was trying to negotiate a deal with Tehran, but now that the war is underway he seems fine with Israel finishing the job. Macron also intends to recognize Palestine as a sovereign state. By contrast, Trump’s ambassador to Israel told Bloomberg that the US no longer believes in a two-state solution, not even in the long term. The discord over the Russian war of aggression against Ukraine has even deeper roots. Trump promised to end it in a single day but, five months into his second term, has all but walked away from even trying. The blame belongs to Russian President Vladimir Putin (who once was the 8th summiteer in the group, until he was kicked out for annexing parts of Ukraine in 2014). Putin shows no interest in good-faith negotiations and adroitly strings Trump along — the two just had another call, after which Trump even suggested (to Macron’s horror) that Putin might mediate the Israel-Iran showdown. As Trump wavers in supporting Ukraine, the Europeans understand that they need to step up; they are urging much harsher sanctions against Russia. In that demand, they have backers in the US Congress, even among Republicans. But Trump, so far, has other instincts. That’s hardly a secret to Ukrainian President Volodymyr Zelenskiy, who does not represent a G-7 nation but is again on the guest list, along with leaders from the Global South such as South Africa’s Cyril Ramaphosa. Both men were recently humiliated by Trump in reality-TV-inspired ambushes at the White House — Trump in effect accused his South African guest of presiding over genocide against White Afrikaners. The host, Canada’s Mark Carney, survived his own visit to the White House relatively unscathed but owes his election largely to his promise to Canadians to resist one of Trump’s most outlandish taunts: his repeated threat to annex Canada as America’s 51st state.... (Read the whole column with this GIFT link: https://bit.ly/3TfT577 ) Bloomberg Opinion

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