All posts tagged: Panicked

Will California elect a GOP governor? Democrats are panicked

Will California elect a GOP governor? Democrats are panicked

Today we discuss probability, self-destruction and political bossism. Wow. California, which is as blue as Lake Tahoe, is about to elect a Republican governor! How crazy is that? Whoa. Hold up, pony. Let’s not get too far ahead of ourselves. Well, there’s certainly a lot of Democratic angst out there. That’s for sure. It’s reminiscent of the panic that followed Joe Biden’s wretched debate performance in Atlanta, the biggest disaster to hit the city since a 2009 flood caused more than half a billion dollars in damage. In California, the high anxiety is a result of the state’s “jungle” primary, in which all candidates appear on the same ballot, regardless of party, with the top two finishers advancing to a November runoff. With so many Democrats running, there’s the genuine prospect of them splintering partisan support, resulting in the leading GOP candidates — Chad Bianco and Steve Hilton — grabbing both slots and moving past June 2. How likely is that to happen? I can’t say. And Nostradamus is away on spring break. But one …

Trump’s panicked White House seeks end to costly war

Trump’s panicked White House seeks end to costly war

It was meant to last four weeks, a swift campaign to cripple Iran’s nuclear ambitions and force regime change. Five weeks on, the White House is struggling to find a way out of a conflict that has inflicted much greater economic pain than it bargained for. In the days before the bombing of Tehran began, Donald Trump was buoyant. Fresh from what aides cast as extraordinary military success – a daring raid to capture Nicolás Maduro, the Venezuelan leader – the president and his generals were convinced Tehran would buckle in a similar fashion. The plan was simple: hit hard, hit fast, and Tehran would have no choice but to submit to Washington’s demands. But the opposite has happened. Bolstered by the success of its missile strikes and intimidation of Gulf neighbours, Iran turned its missiles on the Strait of Hormuz, bringing the global shipping lane to a standstill. Iran’s stockpile of uranium, the fuel needed to build a nuclear weapon, remains in the regime’s hands. At the same time, oil prices have soared, major …

Panicked OpenAI Execs Cutting Projects as Walls Close In

Panicked OpenAI Execs Cutting Projects as Walls Close In

Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech In 2025 alone, OpenAI released a controversial text-to-video generator, dubbed Sora, and an abysmally slow web browser called Atlas. It also announced top-secret hardware alongside former Apple exec Jony Ive, and signed a $200 million contract with the US Department of Defense. Meanwhile, the company continues to burn through billions of dollars a month, astronomical losses that have executives there feeling agitated. The company recently announced that it’s planning to spend a whopping $600 billion on AI infrastructure by 2030, an ungodly sum only beaten out by its original promise: $1.4 trillion, more than twice the revised figure. Now, the company is coming to terms that it may have spread itself too thin, and is now looking to refocus its resources on its coding and enterprise users. As the Wall Street Journal reports, OpenAI’s CEO of applications, Fidji Simo, told employees that the company is “actively looking at which areas to deprioritize.” “We cannot miss this moment because …