
AI Is Driving Up the Price of Consumer Electronics
Driven by the AI boom, chip manufacturers are pivoting production lines toward megacorporate clients. The move will make consumer electronics even less affordable.
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Luke Goldstein is a reporter with the Lever. He is an investigative journalist based in Washington, DC, who was most recently a writing fellow at the American Prospect and was with the Open Markets Institute before that.

Driven by the AI boom, chip manufacturers are pivoting production lines toward megacorporate clients. The move will make consumer electronics even less affordable.

Google recently paid state lawmakers upward of $2,000 as “gifts” to cover their attendance at a secret all-inclusive summit with “educational” sessions discussing artificial intelligence and other issues that many of these officials will soon be voting on.

After a Southwest Airlines software meltdown stranded two million customers over Christmas three years ago, the Department of Transportation imposed a $140 million fine. The Trump administration just let the airline off the hook for its remaining payments.

The Trump administration is working to privatize a legal defense program for tens of thousands of unaccompanied immigrant children, opening the door for a for-profit ICE technology contractor to take over in partnership with Angelina Jolie’s NGO.

Janet Mills, the governor of Maine, is Democratic Party leaders’ choice for the state’s key 2026 Senate race. She has spent her time in office vetoing protections for workers and tenants and taxes on the wealthy.

Backed by Wall Street, the company Black Bear Sports Group is tightening its grip on youth sports. In a scheme only private equity could dream up, parents now can’t record their kids’ games — but they can pay a steep price to watch corporate recordings.

After intense lobbying and major campaign donations, the emergency spending bill intended to end the federal government shutdown is including language abolishing rules designed to prevent food contamination and foodborne illnesses at farms and restaurants.

The Trump administration’s Consumer Financial Protection Bureau issued guidance yesterday prohibiting states from wiping medical debt from consumers’ credit ratings. The move could exacerbate the crippling effects of skyrocketing medical costs.

Following an industry trend, fast-food chain Shake Shack recently updated its terms of use agreement to include a binding arbitration agreement and class-action waiver denying customers their legal right to take the company to court.

After years of pushing sensationalized claims about foreign threats, Silicon Valley’s military start-ups are set to score billions in funding for drones and AI-powered weapons in the nearly $1 trillion defense budget.

The airline industry is lobbying to weaken a new safety rule that would force airlines to address serious flaws in potentially thousands of Boeing planes. They have industry-connected allies in the Trump administration who could help them get their way.

Most major corporations — from airlines to social media platforms — now aspire to become unregulated banks. Bankification today accounts for the highest profit margins in the US economy, crippling productive capacity and setting the stage for the next crash.

Donald Trump’s Department of Justice is asking corporations to identify state laws that “burden industry.” Corporate lobbies are responding to the request with wish lists of consumer protection laws they want the administration to preempt.

Homebuilding giant Lennar has a large stockpile of houses it can’t sell at current asking prices. Instead of lowering home prices for the public, the company has launched an e-marketplace catering to wealthy investors and corporate landlords.

Epic Systems, the largest electronic health records company in the US, is pushing users of its ubiquitous online health portal MyChart to sign away their rights to sue the company if it mishandles their sensitive information.

Live entertainment giant Ticketmaster recently inserted language into its user agreements that steers customer lawsuits into a corporate-friendly private justice system, just months after a federal judge ruled its use of such processes was illegal.

As regulators crack down on noncompete agreements that bar workers from finding better jobs, employees across the country are increasingly bound by a new form of “stay-or-pay” contract that indebts them to their bosses.

Led by Delta, many airlines are now working with AI firms to expand the industry’s use of big data for price setting. Using new surveillance techniques, these firms exploit consumer privacy to set “personalized” prices to jack up fares.

A secret lobbying effort by Hewlett Packard Enterprise has pushed Donald Trump’s Justice Department to reverse course on the tech giant’s $14 billion megamerger and led to the ouster of top department prosecutors.

The Department of Justice keeps changing its story about documents related to the politically connected sex offender Jeffrey Epstein, offering contradictory reasons for refusing to release the files.