How to get rich as AI takes over the world

• Updated on: 2017-06-19
• Read original article here

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His pair of tweets this morning from Camp David:
"The MAKE AMERICA GREAT AGAIN agenda is doing very well despite the distraction of the Witch Hunt. Many new jobs, high business enthusiasm, ... massive regulation cuts, 36 new legislative bills signed, great new S.C.Justice, and Infrastructure, Healthcare and Tax Cuts in works!"
"Witch Hunt" with caps is a Trump signature. He also capped it on May 31, and twice on Friday. One variation there that we're likely to see/hear again: "phony Witch Hunt."
The day before , the all-caps: "You are witnessing the single greatest WITCH HUNT in American political history - led by some very bad and conflicted people!"
Longtime Trump aides tell us that during the campaign, the lifelong branding expert workshopped his nicknames, kicking around possibilities on the plane before settling on the catchiest and most subversive.
He first tweeted "witch hunt," in lower case, on May 12, three days after firing Comey, and then again on May 18, the day after Bob Mueller was appointed special counsel: "This is the single greatest witch hunt of a politician in American history!"
Be smart: Trump's brio, branding and bombast can't mask the glum reality, reflected in an increasingly fatalistic mood in Trumpworld.
"There are no good days," said a confidant to the inner circle. "They are caught in the endless cycle of the off-message tweets and leaks."
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In fact in many counties, the number of health care jobs actually fell between 2013 and 2015, after implementation of the Affordable Care Act (in the map below, brown indicates up to 20% added employment between 2013 and 2015. Blue is up to minus 20%.). Nationally, health jobs rose to 19.2 million in 2015, up from 18.6 million two years earlier. (We reported last week on the relationship, by state, between increased jobs and health care coverage.)
Why it matters: If the Republican-controlled Congress cuts coverage, that could slow down job growth. But this map shows winners and losers in terms of health care employment, and suggests that some places could lose more, and others gain, should a new law be enacted.
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Why it matters: In an economy in which corporate R&D spending has been conspicuously absent, these companies are investing big on the future. This dynamic underscores the growing advantage that a company like Amazon has over incumbent rivals: Investors bid up Amazon stock to sky-high multiples, lowering its cost of capital and enabling more robust investment and low prices.
A level deeper — more economic inequality: That these companies are investing in the long term is great for the U.S. and Chinese economies. It helps to power economic growth and makes workers more productive. But, at least in the U.S, it's also a sign of growing economic inequality, which underpins income inequality among workers, one reason for the election of President Donald Trump.
One more level down: The outsized spend is also buttressing these companies' market heft and risks a pushback to their monopoly power.
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What seems informative is Bezos's 2013 acquisition of the Washington Post , which met immediate consternation that he would strip the paper to make it more profitable. Instead, he poured cash in, and the paper is turning out some of its best journalism in years.
Be smart: That's why it seems best to ignore forecasts that Amazon will dramatically change Whole Foods culture, its fare, and operating style. Instead, he will want to embrace Whole Foods high-end quality brand, and hope it washes over onto cut-rate Amazon reputation.
Capgemini's Shannon Warner, a retail consultant, tells Axios that Bezos will likely use Whole Foods to figure out how to make grocery shopping feel like less of a chore. If he can crack that problem, she said, "people will embrace it overnight." And that will be a critical moment for other grocery chains, which "waited too long and no longer have the capital to invest and survive."
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Sekulow was interviewed for four of the Sunday shows in total (no administration officials appeared). Here's what he said on CBS's Face the Nation when John Dickerson asked how he knew Trump wasn't under investigation:
Sekulow: "Because we've received no notice of investigation. There has been no notification from the special counsel's office that the president is under investigation. In fact, to the contrary. What we know is what James Comey said, the last thing we know is when he testified just a couple weeks back. That the President was not and is not a target of investigation."
Dickerson: "Of course, there have been events since James Comey told them that. But is it your view and just to educate viewers that- that if you were under investigation, there would be an obligation for the special counsel to let you know. Couldn't you be under investigation and they're just not letting you know yet?"
Sekulow: "Well, look, I can't imagine a scenario where the president would not be aware of it."
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Politicians
President Richard Nixon, 1974: Before Nixon resigned, the House Judiciary Committee approved articles of impeachment against him. The first accusation was that he "prevented, obstructed and impeded the administration of justice." He was pardoned of any criminal offenses by Gerald Ford. ( The Intercept )
President Bill Clinton, 1998: The third article of impeachment in the case against Clinton concerned obstruction of justice because he allegedly told Monica Lewinsky to lie about their affair. ( The Intercept )
Scooter Libby, 2007: Vice President Cheney's former Chief of Staff was found guilty of obstructing an investigation into how former CIA agent Valerie Plame's identity was leaked, as well as lying to a grand jury and four felony counts of making false statements to the FBI. George W. Bush controversially commuted his sentence. (WaPo)
Catalina Vasquez Villalpando, 1994: The U.S. Treasury Secretary during George H. W. Bush's administration was found guilty of obstructing an independent counsel's corruption investigation and conspiring to conceal financial links with her former company. ( LA Times )
Athletes
Barry Bonds, 2011: Baseball legend was accused of lying under oath about using steroids, but the conviction was overturned in 2015. ( ESPN / LA Times )
Ray Lewis, 2000: Former football star pleaded guilty to misdemeanor obstruction of justice in a deal in which murder charges against him were dropped in exchange for his testimony against two friends. ( CBS Sports ).
Marion Jones, 2008: Olympic track star was sentenced to six months in prison for lying about steroid use and obstructing an investigation. ( CNN )
Celebrities
Martha Stewart, 2004: Stewart was found guilty of obstruction of justice, among other charges, in an insider trading case and sentenced to five months in jail. ( WSJ )
Paris Hilton, 2010: Hilton lied about owning a purse that contained cocaine. She was arrested and tried in Las Vegas. ( Fox )
Enrique Iglesias, 2015: Miami police arrested the singer after he allegedly tried to switch seats to conceal the fact that he had been driving after being pulled over for using a closed lane. ( Us Weekly )
The original team started as just three lawyers (plus Mueller) who all once worked at the law firm WilmerHale, where Mueller has worked since his 2013 departure from the FBI. Meet the full investigation dream team:
Aaron Zebley, Mueller's chief of staff when he was FBI director
Zebley was an elite FBI agent for 7 years in the Counterterrorism Division
He was instrumental in tracking down dangerous Al Qaeda members back in 1999
He then became a prosecutor and one of Mueller's go-to confidants
He was part of the I-49 team: a small group of FBI agents based in NYC who were actively searching for Osama Bin Laden before the 9/11 attacks
James Quarles III, former Watergate investigator
A litigator and a partner at WilmerHale, where he started in 1975. He runs the DC office of the firm
He served as an assistant special prosecutor for the Watergate investigation
During that investigation, Quarles focused on campaign finance research — something that will certainly be called upon throughout the Russia investigation, particularly after the FBI issued subpoenas for financial disclosures from Michael Flynn and Paul Manafort
He has argued cases in front of the Supreme Court
Jeannie Rhee, former deputy attorney general in the Office of Legal Counsel
Rhee was senior adviser to former Attornery General Eric Holder for two years
She advised him and the WH on "constitutional, statutory and regulatory issues regarding criminal law, criminal procedure, executive privilege, civil rights and national security," according to WilmerHale.
She tried more than 30 cases when she served as an Assistant U.S. Attorney in the D.C. Attorney's Office
She rejoined WilmerHale as a partner in the Litigation/Controversy Department where she advised "clients who are the subject of government investigations" regarding "white-collar criminal investigations, False Claims Act allegations and securities enforcement matters."
In 2015, Rhee represented Hillary Clinton in a case about her private email server, according to Politico .
Andrew Weissmann, DOJ criminal fraud section chief
He was Mueller's one-time general counsel
Previously led the fraud unit at the DOJ
Weismann oversaw the Enron Task Force in the early 2000s, investigating the failed energy company
From 1991 to 2002, Weissmann handled cases against various crime families in NY as part of his work in the office of the U.S. Attorney for New York's Eastern District
He worked at a law firm where he focused on the Foreign Corrupt Practices Act, securities fraud, and other issues.
Michael Dreeben, DOJ's deputy solicitor general
Dreeben currently serves in the Justice Department, overseeing its criminal docket before the Supreme Court and handling its appellate cases
He has argued more than 100 cases in front of the Supreme Court
He was a deputy in the Office of the Solicitor General
He's been heralded as "1 of the top legal & appellate minds at DOJ in modern times," and has been called "the most brilliant and most knowledgeable federal criminal lawyer in America—period."
Lisa Page, an experienced DOJ trial attorney
There has been no official announcement from the special counsel about Page, but WIRED notes Mueller has reached out to her
Her investigatory expertise: organized crime cases, money laundering, and one particularly relevant case where she partnered with Hungary's FBI task force to investigate European organized crime.
Note: Her work in Hungary is what led to the ongoing money laundering case against Dmitry Firtash, a Ukrainian leader who was once business partners with Paul Manafort.