Good Tuesday morning. Situational awareness: Market strategists say the shaky economic conditions that tend to foretell a bear market are absent. (Reuters) ... Sea level rise, based on 25 years of satellite data, has quickened. (AP) ... N.Y. Times CEO Mark Thompson: "I believe at least 10 years is what we can see in the U.S. for our print products." After that, "We'll decide ... simply on the economics." (CNBC)
In an interview with Axios, Bill Gates warned Apple and other tech giants that they risk the kind of nightmarish government intervention that once plagued his Microsoft if they act arrogantly:
Gates said in a phone interview: "The tech companies have to be ... careful that they're not trying to think their view is more important than the government's view, or than the government being able to function in some key areas."
Gates is a huge optimist. So I asked him what big trends scare him:
In a first, this year's letter from Bill and Melinda Gates (complete with handwritten notations) is in the form of 10 Tough Questions, including how President Trump's policies are affecting the foundation's work:
Technologist Aviv Ovadya, one of the first to identify the fake news catastrophe in early 2016, tells BuzzFeed he is worried about an “information apocalypse" in which people give up on finding the truth.
Why it matters, from Axios' Sara Fischer and David McCabe: Red flags are being waved by engineers, academics, lawmakers and technologists about tech dangers, yet little is being done to stop the crisis:
Our thought bubble: Facebook is starting to see consumer health and perception as a long-term way of sustaining its business.
"How a confused, defensive social media giant steered itself into a disaster, and how Mark Zuckerberg is trying to fix it all" — Wired cover story by editor-in-chief Nick Thompson and contributing editor Fred Vogelstein:
The Winter Olympics are too cold — poised to be the coldest in two decades, per Bloomberg:
Megatrend ... N.Y. Times columnist David Brooks, "The End of The Two-Party System":
N.Y. Times art critic Holland Cotter on the Obamas' official portraits, unveiled yesterday:
First look ... A new survey finds that business executives across the globe — typically a chorus of free traders — favor barriers that would protect and foster tech advances in their own countries, Axios future editor Steve LeVine writes:
"The White House and Congress have shown little willingness to cut back on spending, finding it easier to cut taxes and increase spending during Trump’s presidency," the WashPost reports in its lead story:
Go deeper: Agency-by-agency highlights of Trump’s 2019 budget.
Courtesy Foreign Affairs
Special first look for Axios AM readers ... "The World After Trump: How the System Can Endure," by Jake Sullivan — Hillary Clinton's chief foreign-policy adviser, now at the Carnegie Endowment (served in the Obama administration as State Department director of policy planning, and national security adviser to Vice President Biden) — in the March/April issue of Foreign Affairs:
RFK's visit to Appalachia, 50 years later ... "The line of big cars pulled up outside the one-room schoolhouse, which had a potbelly stove for heat and an outhouse in back," USA Today's Rick Hampson writes from Barwick, Ky.:
"Runners, even ultramarathoners, are going in reverse for an exercise boost and to change up the routine," per the Wall Street Journal's A-Hed:
Thanks for reading. See you all day in the Axios stream ...