Thereâ(TM)s already precedentâ¦for a small investment of several
million dollars you get a billion or more

https://en.wikipedia.org/wiki/...

Generally I am aligned with EFF but what I wish they or similar orgs would have done is not relied on the 'abstinence' model of digital surveillance,

  "Sure digital cameras are going to be cheap and ubiquitous. Storage the same. Wireless networking also, and probably image/pattern recognition. But don't use that stuff. " "Local governments, I know your constituents are screaming to decrease crime...but don't use that stuff, just good ol' walking the beat policing."

Rather it could have been the safe-sex model of "I know you are going to sue this stuff, here is a template for how to do it safely. Encrypted storage, access via official and transparent means. Auto destruction of data after fixed period, etc Emphasis on data quality and validation (fewer false positives)

If guidelines that that were socialized in advance with local govs, manufacturers, service providers, civil libertarians etc maybe we'd have more than hollow lawsuits. Maybe.

From the Same BoA Global Fund Manager Survey

"Average cash level dropped to 3.7% of holdings. Cash levels of 3.7% or lower has occurred 20 times since 2002 and on very occasion stocks fell and Treasuries out-performed for the following 1-3 months" Past performance, not a guarantee, etc etc

My takeaway is that it seems like everyone is saying the same thing. AI bubble. The CEO's of the firms involved, press, government, retail investors, now global fund investors. Yet investment managers still have to be deeply invested in this bubble to compete with the returns of the other managers...to get your fat Xmas bonus, etc.

Two cars racing to a finish live, but with a cliff soon after the line. Neither is slowing, indeed peddle to the metal, assuming the other guy will chicken out first and that they will be able to hit the brakes just in the nick of time to avoid going over the cliff.

Pretty sure both are going over

+1 here too. Frequent travelers, incl myself, won't even pretend to bother with 3rd party sites even if it it appears cheaper. For one, it's likely not cheaper with all the weird surcharges, etc. And two, as others have noted, once you've been screwed over by a missing or incorrect reservation for hotel, car, flight, that slight bargain is erased time 10

I would also add that the same applies when I am booking flights for relatives/friend who are infrequent travelers. I'm not going to risk Aunt Stacy's sanity on having to get a flight rebooked or whatever via a 3rd party intermediary while stranded in Atlanta Hartsfield. 100% not worth it,

I will say that back in the golden age of these travel apps, you could score some decent vacation packages flight, car, hotel for like 3-4 day extended weekend type things, but those type of actual deals disappeared long ago. : (

You are not alone. For giggles I went to Doordash to see what a Big Mac Value Meal would be delivered. There's a McDonalds less than 5 miles from my location.

"$18.92 total before taxes" and having not used Doordash I'm guessing there is an expectation on top of that. So maybe $24 for a Big Mac meal delivered...that's batsh-t crazy. But no doubt people do this, and those people are likely the ones who aren't in a great position to afford it. I dunno, it's hard to see stuff like this...like paying to having some deliver cash to your house for a fee and not think that there is something off with certain generations.

Also who will sign up to be the cash delivery person? Almost every delivery van, FedEx, Amazon, UPS, USPS has a "No cash on board" so as not to get robbed. Cash delivery trucks are armored, have two guys with guns, etc. I would think some delivery dude rolling up in a used Prius will definitely be robbed. I doubt even this guy would take on that job: https://youtu.be/oGZLYx8StWk

Possibly a matter of catch-up. Telsa has the lead given that thusfar only Tesla has killed humans at highway speed.

The worst part is that this was a just a fake robot with a Russian guy inside.

In the US gas isn't $2.99 / gallon it is actually $2.99 and 9/10s of a cent per gallon.

Can we get rid of this 100 year old artifact too?
          (and I'm not just talking about the president bazinga! )

Also worth mentioning that the target audience is also likely interested in enriching themselves for their efforts (as do most of us). The problem with China in this regard is that such people will be rightly suspicious that their intellectual property will be stolen or simply taken. Likewise any wealth you do get can be taken for any reason, yourself deported or imprisoned, etc etc.

You have a firm like NVDIA that currently has a market cap of $4.5 trillion. If it were a country and we compared GDP (this is an apples to dragonfruit comparison, I know ) NVDIA would be 4th on the list after USA, China, and Germany and ahead of Japan

  United States 29.1T
  China 18.7T
  Germany 4.6T
  Japan 4.0 T

Why can't...why shouldn't a firm like NVDIA, MSFT, ORCL, FB, AAPL etc build out their own capacity? For this one project they could by 5000+ solar panels, some acreage in gods country, all the battery packs they need, and tweak the software to run during the optimal times. Do it all in-house for relatively cheap.

Here's what I think pisses people off....they don't do this, rather these firms make false promises about nuclear but then squeeze their way into existing generation and transmission, raising prices for residential customers. In essence arbitraging. "Hey, we can spend XX billion on our own generating capacity, or we can take from existing capacity + transmission, raising rates for everyone and ourselves, but it will be a few billion cheaper than building out our own generating capacity." They have trillions but are still sticking it to society so the SVP of blah blah blah can make his quarterly numbers

It also speaks to how truly invested in this AI race they are. Which is to say not as much as they advertise since they are only putting a fraction of their sizable cash towards renting AI 'stuff'

About the only good thing that may come of this is that the extra capacity and transmission will be available for EV's and residential electrification (away from nat gas) when the AI bubble deflates. Not sure what to do with all the GPU's, maybe artificial coral reefs? Grind into silicon dust and make more solar panels?

Presumably there are reasons unbeknownst to the public where building a data center there makes sense. But seems really odd that given the energy requirements for data centers that they would decide to plop one down here. Cost of construction must be at least 2x that of the mainland...so also weird.

Maybe a cover story for some NSA listening post? Looks like the have dorms for the workers though....https://en.wikipedia.org/wiki/North_West_Point_Immigration_Detention_Centre

This. Money is fungible, whatever these seemingly specifically allocated taxes go towards it first goes into a big pot, then is doled out. In the current admin they have decided to use the Office of Management and Budget (OMB) to direct/redirect funding to their political aims despite the original intent, or even the law(s) passed by the congress.

Also what the previous poster mentioned. A person may think they will never fly anywhere (sad) , just as I think I will never drive to Fort Wayne, Indiana. So why should my tax dollars go to paying for I-69 ? But then later, a friend is getting married in Ft Wayne and I go. Better that my tax money was used to make that road in advance versus asking them to build it a month before the wedding.

I would be curious if there is some general formula on best way to apportion "use-tax" and "good for overall society tax" in percentage terms. Like

Unfortunately I doubt it. Methinks this was floating a trial balloon to get the idea of govt investment/bailout, etc I mean the current administration has already done this with other firms Intel most notably. So the CFO of OpenAI (formerly of NextDoor...how's that stock doing?) is looking at the books and realizing that there is an increasing probability that these stratospheric-valued $500B-$1T contracts within Oracle/OpenAI/NVDIA, etc are likely to collapse at some point. So float the idea of govt bailout for "National Security" now and then when its time try and cash in.

I'm going to start writing my "Big Short" movie script for the AI era....looking for casting suggestions.

"Zuck takes a dump on Threads"

My own experience on social media recently was looking at a YouTube video on a device where I was not logged into YouTube. Watched the vid I wanted, then of course a new one pops up and I lazilly/habitually start to watch it, even though inane. About 45 seconds in, I'm like this can't be right...poke around a bit and yeah, at the start was a tiny icon "Sora" that flashed for a moment. I was watching AI slop. Done with that. Eventually 90% of YT..99.9% Facebook/Insta will be fake crap. Then I (hope) that people will leave en masse and read a book or something.

I'll agree with the post title...not sure about the rest.

I use Wikipedia weekly, basically to look up stuff I see/hear/read elsewhere. For example somewhere I read about the "Great Unconformity". Go to Wikipedia there is a very detailed article, images, links, etc. just what I need. And importantly it clarified a mis-representation in the original source I read.

So yeah, for people who are looking up other people. especially political figures, or ongoing geo-political conflicts in Wikipedia . Yeah good luck, and be ready to be rage-baited if that's how you want to spend your time. But please leave Wikipedia alone...make your version if you must.