Please crash faster.... We may, finally, be able to buy some RAM, sometime....

How do I make money off this?

I want Cassandra levels of fuck you I told you so.

I smell the world's largest bailout in the works.

🍿🐢

Let´s see! 40 trillions in debt (to a private bank corporation which they will pay interest rate 1 trillion/year (this money disappear in private pocket :)). GDP 32 trillion so even trying hard, can´t pay the debt will be for life growing. But the total debt is 100 trillion not 40, so there is more to it, 60 trillion more to pay interest rate to.

Bitcoin casino is not rendering anymore, people understood that is a pure scam. Now it comes the AI scam that magically drain your wallet out of thin air (tokens). Companies start losing half a billion because they forgot to switch off the tokens, and they call it a business, like the stock market. They found a weakness in people, gambling and they are using it. Even though with all the tricks there is no more money to squeeze out of people. Now 3 AI companies go public asking for more trillions, from where, You squeezed Canada, Australia, England and all your friends and enemies. Digital currency will come live soon, that's your solution, lame, poor people? How does it work? You create a project open source with free labor, and if it goes well you privatize it non profit, get funded from public tax and switch to profit corporation. Then you get a funding of 30 billion with evaluation 15x 500billions. Then you have a dinner with the gov and suddenly are evaluated 1 trillion. I see, now I Understand, One or more of this companies will fail and take all the blame and I feel sorry for all the pension funds that will hold the bag of this manipulation.

Who will take the fall, X-AI, OpenAI, Anthropic?

Just another scam

The loss of Gulf states’ capital risk IPO plans by SpaceX, now merged with xAI, OpenAI and Anthropic. All these companies urgently need to go public, as it’s the only place they have left to raise the vast amounts of capital they need. SpaceX plans to go first in June. Its entire pitch to investors hinges on launching its data centers in space for xAI. OpenAI plans to follow soon after, but its chief financial officer, Sarah Friar, has warned that “company isn’t yet ready to meet the rigorous reporting standards required of a public company.” Hardly reassuring for a company worth $875 billion.

The immediate impact of the "iran war" is not simply in fossil energy, but also on a huge range of fossil fuel byproducts on which AI and many other industries depend. The global economy is still very much a fossil fuel economy, and AI is locking us even further into it.

I was thinking about how if there is any silver lining to the conflict, its that it deobfuscates some of the complex links in modern supply chains and it also makes salient how even some of the techno-optimist environmental and technical solutions are all underpinned by non-renewing energy and material resources...

Doesn't it always.

Any comparisons to exploding rockets on a take off platform are probably correct

Oh my fucking god AI needs to just fucking go away already, every time it's "collapse is coming, collapse is coming, collapse is coming" well fucking collapse already!

AI is needed mostly by people that can barely wipe their own ass without assistance and no i don't mean older people or handicapped people, i mean people that should be functioning human beings and not an embarrassment to our species.