Equity

If you've been hearing about Trump's AI Action Plan and wondering who it actually benefits, you're not alone. On today's episode of Equity, Rebecca Bellan caught up with Amba Kak and Dr. Sarah Myers West from the AI Now Institute, a think tank focused on the social implications of AI and the consolidation of power in tech industry. Their recent report, dubbed Artificial Power, lays out the political economy driving today's AI frenzy and what’s at stake for everyone else. Artificial Power pushes back on what AI Now calls the "too big to fail" myth, arguing that AI companies are pouring billions into massive compute infrastructure and foundational models, often with government support, despite shaky business models and limited public accountability.  Listen to the full episode to hear about: AI’s growing consolidation and how it mirrors Big Tech’s power dynamics. Why Silicon Valley is cheering on Trump's AI agenda, and the challenges of regulating AI. The disconnect between AGI hype and cu