David Streitfeld

People Loved the Dot-Com Boom. The AI Boom, Not So Much.

Silicon Valley executives promise that artificial intelligence is going to radically change everyone’s life for the better, starting just a few minutes from now. AI is described as the new electricity.

Elon Musk, Henry Ford and the Rich Tradition of Rabble-Rousers

Elon Musk has enthusiastically posted, reposted and endorsed incorrect or inflammatory claims on X that Social Security is fraudulent, that the Democrats are importing immigrants to win elections and that the federal judges who are ruling against the Trump administration should be impeached. There are plenty of precedents for what Mr. Musk is doing with X. But he has taken the process to a level unimaginable even a short time ago. The site says he has 220 million followers, an assertion impossible to verify.

How the Media Industry Keeps Losing the Future

The slow crash of newspapers and magazines would be of limited interest save for one thing: Traditional media had at its core the exalted and difficult mission of communicating information about the world. From investigative reports on government to coverage of local politicians, the news served to make all the institutions and individuals covered a bit more transparent and, possibly, more honest. The advice columns, movie reviews, recipes, stock data, weather report and just about everything else in newspapers moved easily online — except the news itself.

The Dream Was Universal Access to Knowledge. The Result Was a Fiasco.

The latest battle between free and expensive information started with a charitable gesture. Brewster Kahle runs the Internet Archive, a venerable tech nonprofit. In that miserable, frightening first month of the Covid pandemic, he had the notion to try to help students, researchers and general readers.

Google and Amazon Are at the Center of a Storm Brewing Over Big Tech

Google and Amazon have thrived as American regulators largely kept their distance. That may be changing. Politicians on the right and left are decrying the tech companies’ enormous power. President Donald Trump (R-NY) and other Republicans have taken swipes at Amazon over taxes and at Google over search results they say are biased.

Craig Newmark, Newspaper Villain, Is Working to Save Journalism

Craig Newmark, creator of Craigslist and often accused of destroying journalism, is now doing his best to revive it. Researchers eventually estimated that Craigslist had drained $5 billion from American newspapers over a seven-year period. In the Bay Area, the media was especially hard hit. Newmark is trying to stop the bleeding — although not there. He is among a gaggle of West Coast technology moguls who are riding to the rescue of the beleaguered East Coast media.

Amazon’s Antitrust Antagonist Has a Breakthrough Idea

Amazon has more revenue than Facebook, Google and Twitter put together, but it has largely escaped sustained examination. That is beginning to change, and one significant reason is Lina Khan. In early 2017, when she was an unknown law student, Khan published “Amazon’s Antitrust Paradox” in the Yale Law Journal. Her argument went against a consensus in antitrust circles that dates back to the 1970s — the moment when regulation was redefined to focus on consumer welfare, which is to say price.

How Calls for Privacy May Upend Business for Facebook and Google

The contemporary internet was built on a bargain: Show us who you really are and the digital world will be free to search or share. People detailed their interests and obsessions on Facebook and Google, generating a river of data that could be collected and harnessed for advertising. The companies became very rich. Users seemed happy. Privacy was deemed obsolete, like bloodletting and milkmen. Now, the consumer surveillance model underlying Facebook and Google’s free services is under siege from users, regulators and legislators on both sides of the Atlantic.

Amazon Tries to Woo Authors in Hachette Dispute

Amazon, awash in negative publicity in its confrontation with Hachette over e-book terms, is seeking to break the standoff by appealing directly to the publisher’s authors.

David Naggar, an Amazon executive who works with publishers and independent authors, sent a letter to a small group of Hachette writers proposing “a big windfall for authors” by taking them “out of the middle” of the dispute. The letter extends and develops a proposal Amazon made earlier in the dispute, which was dismissed by Hachette. It now offers Hachette authors “100 percent of the sales price of every Hachette e-book we sell.”

Amazon also offered to suspend all its shipping delays and price adjustments, which it put in place in an effort to bend Hachette to its will. Roxana Robinson, president of the Authors Guild, dismissed the proposal.

Amazon Escalates Its Battle Against Hachette

Amazon, under fire in much of the literary community for energetically discouraging customers from buying books from the publisher Hachette, has abruptly escalated the battle.

The retailer began refusing orders for coming Hachette books, including JK Rowling’s new novel. The paperback edition of Brad Stone’s “The Everything Store: Jeff Bezos and the Age of Amazon” -- a book Amazon disliked so much it denounced it -- is suddenly listed as “unavailable.” In some cases, even the pages promoting the books have disappeared. Anne Rivers Siddons’s new novel, “The Girls of August,” coming in July, no longer has a page for the physical book or even the Kindle edition. Only the audio edition is still being sold (for more than $60).

The confrontation with Hachette has turned into the biggest display of Amazon’s dominance since it briefly stripped another publisher, Macmillan, of its “buy” buttons in 2010. It seems likely to encourage debate about the enormous power the company wields. No company in American history has exerted the control over the American book market -- physical, digital and secondhand -- that Amazon does.