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Comment Re: Hardware will be fine (Score 1) 39

That's the core problem with the current trend. Not that AI can't be useful, but that the current business models the major players are using are fundamentally broken and no-one seems to have realistic path to profitability when factoring in how fast their costs are growing. OpenAI has currently has around 1,4 trillion [techcrunch.com] (not a typo, trillions, not billions) of datacenter commitments set up for the upcoming next 8 years, and their yearly revenue is less than 2 % of that yearly (~20 billion), if we believe Altman's own figures which are probably overly optimistic, and they're nowhere close to getting enough external funding to cover those commitments.

Am I correct in saying that the potential losses here might sink entire countries, never mind corporations? Is the AI craze likely to result in multi-country depressions? Not to mention the longer-term costs - borne by almost everyone on the planet - associated with the unconscionable increase in AGW that the AI revolution represents?

Comment Re:Look at the complexity between EV & ICE (Score 1) 106

You're letting bias affect your judgement. If you buy the absolute cheapest electronic widget in the USA it's going to be on par with the cheapest widget from China. The fastest EV is Chinese made and the fastest EV around the Nurburging is also Chinese. The myth that they make trash is long dead.

Comment Re:Dumping (Score 1) 106

Oh Jesus fuck. Dumping is an *economic trade term*. It is litigated on by all the countries who participate in the World Trade Organisation. It’s in country’s law books with definitions. I linked to the UK definition above. I am reflecting the standard definition of the term, not your little projecting wank-fest, you complete buffoon.

And once again, you do not understand the words you use: neither dumping, nor cultist.

If you think that the term dumping means something else when applied to economic trade, provide a link to a convincing, credible source. You know, the way I did up above, by linking to the UK government’s legislation on the topic.

You people are so lost in your insufferable stupidity. You just want to redefine all terms to allow you to whine. It’s pathetic.

Comment Re:Move to free states. (Score 2) 56

Butthurt MAGA doesn't like reality. https://www.fbi.gov/news/press...


        Murder and non-negligent manslaughter recorded a 2024 estimated nationwide decrease of 14.9% compared to the previous year.
        In 2024, the estimated number of offenses in the revised rape category saw an estimated 5.2% decrease.
        Aggravated assault figures decreased an estimated 3.0% in 2024.
        Robbery showed an estimated decrease of 8.9% nationally.

Further analysis. https://counciloncj.org/crime-...

Comment Re:way more than some irrationality (Score 2) 39

Here is the thing, you are posting on Slashdot. Don't tell me you are not sharp enough to find a broker, and buy some long dated at the money PUTS either on the AI and AI adjacent firms or just the market over all with funds like SPY / QQQ.

You If you really had conviction about truly big enough crash for Main Street to feel it to commit 18 or 20K; you'd make enough to keep the mortgage current and food on the table for a year right there after there return of the principle.

The thing is you don't really believe in such a crash. The bigger part of you thinks this will all just blow over in couple quarters, you might not get a great Christmas bonus either for 2025 or 2026 but mostly you don't think your financial life will be all that greatly impacted. I think that bigger part of you is right. OpenAI's investors are going to lose a lot of money, probably Anthropic and anyone else not actually in the business of making the compute hardware, or using the compute hardware to make physical things like drugs, better plastic, etc. I don't think there is going to be any 2008 like crisis..

And we're also smart enough to realize the market can remain irrational longer than you can remain solvent.

Newt Gingrich predicted the dot-com boom will crash... in 1996. It took another 5 years for it to happen.

The 2008 crash was also predicted - you might remember The Big Short. But you'll also remember there were serious issues with cashflow a couple of years before it happened.

If this stuff was easy to predict, I wouldn't be making puts. I'd be investing heavily in it knowing when it wouild peak and then sell just shortly before. Then once sold I would make put calls.

Comment Re:Meanwhile in the USA (Score 1) 106

There are many manufacturers that sell all kinds of vehicles in the USA. Some made completely abroad from various different countries. Some domestically. And a lot are a complex mixture of the two. But you think there is a grand conspiracy/collusion among them all of them to deprive consumers of lower-priced/lower-end models?

The big 3, which have American brand loyalty up the wazoo, realized in the 90s they made more money on bigger vehicles. They they've been marketing bigger and bigger vehicles to Americans. It's why the F-150 is the best-selling pickup truck (and how much larger it is now than in the past). Heck, for a few years in the mid 2000's, F-150's were sold with so much luxury they had no cargo carrying capacity once you loaded it up with a couple of adults - you had maybe 150 lbs of axle weight left.

It's also why SUVs are insanely popular, and not cheap small SUVs like the foreign makes, but the big ones.

It's why the Big 3 have been getting rid of less profitable sedans - they're marketing people to buy big cars. And the cars they do make in the lower end of the spectrum just can't compete - with major recalls going on.

The only reason America still makes cars are EVs like Tesla. The ICE cars are almost all foreign makes.

The Big 3 aren't worried about Toyota Camrys or Corollas because Americans are loyal to the Ford, GM and Chrysler marks. It would take a seismic shift to get them to consider a Honda or Toyota. And even more to go with a Hyundai or Kia. All of whom make low end vehicles that are cheap but relatively full featured.

Ford isn't going to sell F-150s to Japan - too big, too expensive, not very useful. But Ford doesn't care about the Japanese market. Toyota and Honda, meanwhile, sell very nice efficient cars to Americans to fill the lower end gap. Of course, Trump also goes around and does tariffs, but a lot of those are made in the US to be sold in the US.

But brand loyalty is a fierce thing, especially in red country.

Comment Re:Electric engines are golden... (Score 1) 119

You could literally just google it, but seeing as you can't be arsed: https://www.racfoundation.org/...

https://www.advanced-infrastru...

etc

Maybe don't rely on watching rando YT videos of police chases of teens on e-bikes to form your considered analysis of the number of people with off-street parking.

Plus let's not forget that you have come back all the way to the start and thus ignored the rest of what I wrote way back then: "And in the UK and many other European countries, we are seeing a large-scale rollout of on-street charging options, for example Ubitricity lamp-post charging, cable gully installations, on-street dedicated chargers, etc etc." Note that lots of workplaces offer chargers in their on-site parking, too.

We can focus on the fact that lots of people won't be able to benefit from home charging off-street, or we can focus on the fact that substantially more people *will*.

And just to remind you -- essentially no-one has the ability to refuel an ICE car at home, so if 70% of cars are parked off-street, then literally tens of millions of Brits are able to enjoy a benefit they don't have with their current cars.

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