Big Tech Oligarchs Under Pressure w/ Nat Wilson Turner

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On this edition of Parallax Views, J.G. Michael is joined by writer and commentator Nat Wilson Turner to discuss his article “Coffee Break: Stressed Oligarchs at Meta, OpenAI, and the Ellison Empire” and the growing pressures facing some of America’s most powerful tech and media billionaires. We dig into Mark Zuckerberg’s vision for artificial intelligence, Meta’s increasingly aggressive AI ambitions, and the company’s enormous legal exposure over allegations that its platforms deliberately hooked young users and contributed to harm to children. We examine the explosive internal evidence cited in the lawsuits, including research into the long-term retention of young users and the infamous “hook ’em young” comment.

We then turn to Sam Altman and OpenAI, including the company’s staggering computing commitments, executive departures, mounting financial pressures, uncertain IPO prospects, and the broader question of whether the AI boom is actually a sustainable business model or an increasingly precarious bubble. From there, we explore the potentially enormous consequences for Oracle and Larry Ellison if OpenAI falters; and how that connects to the Ellison family’s rapidly expanding media ambitions.

Finally, we discuss David Ellison’s controversial attempt to merge Paramount and Warner Bros. Discovery, the antitrust battle with California and other state attorneys general, his threat to move Paramount out of Hollywood, and what the merger could mean for the future of the entertainment industry. Along the way, we get into Big Tech, corporate monopolies, AI hype, oligarchic power, Hollywood’s political economy, media consolidation, and the increasingly strange intersection of Silicon Valley, Washington, and the culture wars.