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Vivek Ramaswamy is a tall man with tall hair. And last week, when he stood in front of a crowd in Iowa wearing a black T-shirt under a black blazer, he looked like Johnny Bravo delivering a TED Talk.

Were not gonna be angry tonight, Ramaswamy told a few hundred Iowa voters before calmly explaining his theory of how America got to be so politically divided. The country is going through a national identity crisis, he explained, and people are turning toward racial wokeism and radical gender ideology to fill the emptiness inside. Its Republicans job to fill that void, Ramaswamy said, with a vision of American national identity that runs so deep that it dilutes the woke poison to irrelevance.

The 37-year-old businessman turned political candidate, who seemed to appear out of nowhere on the campaign trail, is now suddenly everywhereincluding tied for third in GOP primary polling and, on Thursday night, at a campaign stop in the Des Moines metro area. The setting was industrial chic: an ultra-modern flooring-and-appliance store with exposed piping, broad glass windows, and huge whirring fans overhead. The crowd of Republican voters mingled between shiny model stoves and porcelain-tile displays, waiting to hear from Ramaswamy and a lineup of other speakers including Iowas governor, Kim Reynolds.

As Ramaswamy had promised, the evenings vibe was not pessimistic or angry. He and the other speakers echoed some familiar Trumpian culture-war and America First themes. But the event lacked the gloom and doom of a Trump rally; there was no ominous string music or rambling soliloquy of personal grievance. Clearly an appetite, however small, exists for Ramaswamys bouncy, fresh brand of Trumpism.

David Frum: Is Ron DeSantis flaming out already?

The voters there may once have liked or even loved Trump, but honestly, theyre a little tired of his negativity. They know that Trump is the current primary front-runner; they might even vote for him again. But Iowa voters, whove long relished their power of first presidential pick, like to keep their options open, and theyre intrigued by Ramaswamy. His youthful optimism is a really good thing, Rob Johnson, a lawyer from Des Moines, told me. He voted for Trump twice, but hes ready for something new. Trump brings an element into [politics] that is not productive. You get more with an ounce of sugar than you do with a pound of vinegar.

Ramaswamy, who was born and raised in Cincinnati, is the kind of entrepreneur whose actual job you cant quite put your finger on. He got his law degree from Yale and founded a biopharma company called Roivant Sciences in 2014. Hes been brawling in the culture-war trenches for a while. In 2022, he started an investment firm explicitly opposed to the ESG framework, which involves incorporating environmental, social, and governance issues into business strategy. Hes written books called Inside Corporate Americas Social Justice Scam and, more recently, Nation of Victims, which urges Americans to pursue excellence and reject victimhood culture.

The Millennial candidate is a bit like the GOP version of Andrew Yang: a get-up-and-go business bro who does something vague in the new economy, and who seemed to wake up one day and ask himself, Why not run for president? Ramaswamy has been all over Iowa since announcing his candidacy 12 weeks ago on Tucker Carlsons now-canceled Fox News show. A national CBS poll of likely GOP primary voters showed Ramaswamy tied with former Vice President Mike Pence for third place behind Trump and Florida Governor Ron DeSantisalbeit a distant third, at 5 percent.

Read: Iowans knew this day would come

On Thursday, Ramaswamy was introduced by a parade of joyful Republican culture warriors, who stood onstage while a loop of Fox News clips played from a projector in the back of the room. The Dallas County GOP chair performatively discarded an empty box of Bud Lite, a brand thats drawn the ire of conservatives for its partnership with a transgender influencer. And the crowd applauded wildly as former State Senator Jake Chapman checked off a list of successful or in-progress Republican projects: banning obscene material in school libraries; pushing for a statewide bill banning abortion after six weeks; Don Lemon getting the axe over at CNN. The cheers rang loudest for the last.

Ramaswamys stump speech was a plea for people to resist the cults of race, gender, and climateand a call to redefine what it means to be an American. That redefinition would apparently involve a few constitutional amendments and a lot of executive power. As president, he told the crowd, hed end affirmative action and shut down the Department of Education. Hed boost the national Republican Party by telling Americans to drill, frack, burn coal, and embrace nuclear. Hed send the military to patrol the southern border instead of defending somebody elses border in God knows where. Hed shut down the FBI and give a gun to every adult in Taiwan to defend themselves against China. Hed prohibit young people from voting unless they performed national service or passed a citizenship test. Hed ban TikTok for kids younger than 16.

Ramaswamy left his listeners with a rosy takeaway: The bipartisan consensus in this country right now is that we are a nation in decline. I actually think were a little young. Were going through our own version of adolescence, figuring out who were really going to be.

The New York Times has called Ramaswamy a smooth-talking Republican whod rule by fiat, and the candidate was proud enough of the headline to put it on his website. At the Iowa event, nobody seemed alarmed by his plans for the country. On the contrary, they were excited. Theyd come to the event expecting a rote political speech from a random nobody; instead, they got a grab bag of new ideas and a blast of energy they havent been seeing on the national political stage, where the current president is 80 and the former is 76.

Read: A world without Chuck Grassley in the Senate?

I was very impressed, Ree Foster, a two-time Trump voter from West Des Moines, told me. I like Viveks attitude much better than Trumps. Tate Snodgrass, a 24-year-old from Burlington, remains a Trump fan. Still, he heard something from Ramaswamy that he hasnt from Trump. Vivek is like, I dont even care about the political parties. This is an American ideal, which I found really appealing, Snodgrass told me. I wasnt expecting to be wowedbut he wowed me.

Ramaswamy, who is Indian American, spoke before a mostly white crowd, in an overwhelmingly white state, and received a notably warm reception. Unlike the Democratic Party, which has shuffled the order of its primary season and demoted the Iowa caucus, Iowa Republicans have kept their first-place spot in the nomination process. Some are confident that Hawkeye State voters can work magic for Ramaswamy the way they did for the little-known outsider candidate Jimmy Carter in 1976or Barack Obama in 2008.

Still, Ramaswamy is a long shot to win the primary; most GOP voters back the former president, who leads by double digits. Although DeSantis is still polling in second place, the conventional wisdom that the Florida governor is the natural heir to Trump has deflated in recent weeks, given his marked deficit of charisma on the campaign trail. But Ramaswamys surprisingly high numbers suggest that maybe a shinier, younger, and more animated America Firststyle politics can still be competitiveor at least disruptivein the age of Trump.

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Emerging technology regulations: a comprehensive, evergreen approach

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Emerging technology regulations: a comprehensive, evergreen approach

Emerging technology regulations: a comprehensive, evergreen approach

Opinion by: Merav Ozair, PhD

Technology is advancing at the speed of light today more than ever. We have surpassed Moore’s law — computational power is doubling every six months rather than every two years — while regulations are, and have been, playing catchup.

The EU Artificial Intelligence Act just came into force in August 2024 and is already falling behind. It did not consider AI agents and is still wrestling with generative AI (GenAI) and foundation models. Article 28b was added to the act in June 2023 after the launch of ChatGPT at the end of 2022 and the flourishing of chatbot deployments. It was not on their radar when lawmakers initially drafted the act in April 2021.

As we move more into robotics and the use of virtual reality devices, a “new paradigm of AI architectures” will be developed, addressing the limitations of GenAI to create robots and virtual devices that can reason the world, unlike GenAI models. Maybe spending time drafting a new article on GenAI was not time well spent.

Furthermore, technology regulations are quite dichotomized. There are regulations on AI, like the EU AI Act; Web3, like Markets in Crypto-Assets; and the security of digital information, like the EU Cybersecurity Act and The Digital Operational Resilience Act.

This dichotomy is cumbersome for users and businesses to follow. Moreover, it does not align with how solutions and products are developed. Every solution integrates many technologies, while each technology component has separate regulations.

It might be time to reconsider the way we regulate technology.

A comprehensive approach

Tech companies have been pushing the boundaries with cutting-edge technologies, including Web3, AI, quantum computing and others yet to emerge. Other industries are following suit in the experimentation and implementation of these technologies. 

Everything is digital, and every product integrates several technologies. Think of the Apple Vision Pro or Meta Quest. They have hardware, goggles, AI, biometric technology, cloud computing, cryptography, digital wallets and more, and they will soon be integrated with Web3 technology.

A comprehensive approach to regulation would be the most suitable approach for the following principal reasons.

A full-system solution

Most, if not all, solutions require the integration of several emerging technologies. If we have separate guidelines and regulations for each technology, how could we ensure the product/service is compliant? Where does one rule start and the other end? 

Recent: Animoca Brands revenue climbs as AI cuts costs by 12%

Separate guidelines would probably introduce more complexity, errors and misinterpretations, which eventually might result in more harm than good. If the implementation of technologies is all-encompassing and comprehensive, the approach to regulating it should also be.

Different technologies support each other’s weaknesses

All technologies have strengths and weaknesses, and often, the strengths of one technology can support the shortcomings of the other.

For example, AI can support Web3 by enhancing the accuracy and efficiency of smart contract execution and blockchain security and monitoring. In contrast, blockchain technology can assist in manifesting “responsible AI,” as blockchain is everything that AI is not — transparent, traceable, trustworthy and tamper-free.

When AI supports Web3 and vice versa, we implement a comprehensive, safe, secure and trustworthy solution. Would these solutions be AI-compliant or Web3-compliant? With this solution, it would be challenging to dichotomize compliance. The solution should be compliant and adhere to all guidelines/policies. It would be best if these guidelines/policies encompass all technologies, including their integration.

A proactive approach

We need proactive regulation. Many of the regulation proposals, across all regions, seem to be reactions to changes we know about today and don’t go far enough in thinking about how to provide frameworks for what might come five or 10 years down the line. 

If, for example, we already know that there will be a “new paradigm of AI architectures,” probably in the next five years, then why not start thinking today, not in 5 years, how to regulate it? Or better yet, find a regulatory framework that would apply no matter how technology evolves.

Think about responsible innovation. Responsible innovation, simplistically, means making new technologies work for society without causing more problems than they solve. In other words: “Do good, do no harm.”

Responsible innovation

Responsible innovation principles are designed to span all technologies, not just AI. These principles recognize that all technologies can have unintended consequences on users, bystanders and society, and that it is the responsibility of the companies and developers creating those technologies to identify and mitigate those risks.

Responsible innovation principles are overarching and international and apply to any technology that exists today and will evolve in the future. This could be the basis for technology regulation. Still, companies, regardless of regulation, should understand that innovating responsibly instills trust in users, which will translate to mainstream adoption.

Truth in Technology Act

The Securities Act of 1933, also known as the “truth in securities” law, was created to protect investors from fraud and misrepresentation and restore public confidence in the stock market as a response to the stock market crash of 1929. 

At the core of the act lie honesty and transparency, the essential ingredients to instill public trust in the stock market, or in anything for that matter. 

This act has withstood the test of time — an “evergreen” law. Securities trading and the financial industry have become more digital and more technological, but the core principles of this act still apply and will continue to.

 Based on the principles of responsible innovation, we could design a “Truth in Technology Act,” which would instill public trust in technology, internationally, now and in the future. Fundamentally, we seek these products and services to be safe, secure, ethical, privacy-preserving, accurate, easy to understand, auditable, transparent and accountable. These values are international across regions, industries and technologies, and since technology knows no boundaries, neither should regulations.

Innovation may create value, but it may also extract or destroy it. Regulation helps limit the latter two types of innovation, while well-designed regulation may enable the first kind to survive and flourish. A global collaboration may find ways to incentivize innovation that creates value for the good of the global economy and society.

It might be time for a Truth in Technology Act — an international, comprehensive, evergreen regulation for the good of the citizens of the world.

Opinion by: Merav Ozair, PhD.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Mike Amesbury to quit as MP after punching man in street – triggering by-election

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Mike Amesbury to quit as MP after punching man in street - triggering by-election

Mike Amesbury has announced he will stand down as an MP after he was convicted of punching a man in the street.

A by-election will now be triggered in his seat of Runcorn and Helsby, where constituents will vote to elect a new MP.

Amesbury, who was suspended from the Labour Party, was jailed on 24 February for 10 weeks after he pleaded guilty in January to assault by beating of 45-year-old Paul Fellows in Main Street, Frodsham, Cheshire, in the early hours of 26 October.

However, following an appeal, his sentence was suspended for two years, so he does not have to serve it in prison.

Amesbury, 55, told the BBC on Monday he will begin the “statutory process” of closing up his office before resigning as an MP “as soon as possible”.

His resignation will trigger a by-election – the first of Sir Keir Starmer’s Labour government.

He said he regrets the attack “every moment, every day” and said he would have tried to remain as an MP if he had been given a lighter community sentence.

Parliamentary rules state any prison sentence, even suspended, given to an MP triggers a recall petition.

A by-election will then be called if 10% of constituents vote to remove him as their MP.

Amesbury has continued to take his £91,000 salary after he was sentenced, including when he spent three nights in prison before his appeal was successful.

He told the BBC he carried out casework while behind bars as his office manager forwarded on emails.

“Life doesn’t stop as an MP,” he said.

Labour suspended Mr Amesbury from the party shortly after the incident, so he has been sitting as an independent MP in the Commons.

The party said he would not be readmitted to Labour and had called for a by-election, saying Mr Amesbury’s constituents “deserved better” after his “completely unacceptable actions”.

This breaking news story is being updated and more details will be published shortly.

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Destroyed Cybertruck used in Vegas bombing is for sale, Musk said Tesla would rebuild it

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Destroyed Cybertruck used in Vegas bombing is for sale, Musk said Tesla would rebuild it

The Tesla Cybertruck used in the Las Vegas bombing appears to have landed in an auction for sale as salvaged, still destroyed. CEO Elon Musk said Tesla would put it back on the road.

Good luck with that.

In January, a Tesla Cybertruck exploded at the Trump Tower in Las Vegas.

The driver is believed to have shot himself in the head right before the vehicle exploded. Evidence proved that some firework mortars and gas canisters were inside the Cybertruck’s bed.

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After the explosion, Tesla CEO Elon Musk praised the Cybertruck for “containing” the explosion and reducing the damage.

He even went as far as claiming that the powertrain was still working and that Tesla would rebuild the Cybertruck and bring it back on the road:

“Once we get this Cybertruck back to Tesla, we’ll buff out the scratches and get it back on the road.”

When questioned about the seriousness of this statement, he affirmed, “No, I mean it.”

They clearly haven’t yet because the Cybertruck has now shown up as a salvaged vehicle for auction on IAA’s site:

It’s not clear if Tesla had an opportunity to get the truck until now, but they certainly could buy it now.

Electrek’s Take

Good luck rebuilding the truck. Maybe they can salvage the battery pack and motors in a new truck, but there’s no way or point to salvage the chassis.

Elon has already confirmed that Tesla engineers have looked at the car. I’m sure that they had the opportunity to get it from the insurance company.

I bet that Tesla doesn’t want the car, and it won’t be back on the road as Elon claimed. You can add it to the list of lies he told this year. Are we in the hundreds already? And we are only in March.

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