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Comment Re:Otherwise Alberta might leave Canada? (Score 1) 37

If that referendum was held, Alberta would stay firmly in Canada. The separation group is loud, but very decidedly in the minority.

Most Albertans understand the semi-antagonistic relationship is just here to stay. What exasperates them is the two faced nature of it. If the rest of Canada is so appalled with that industry, they should stop taking the blood money. Exclude those revenues from the equalization calculation.

But that won't happen, so the country lives well off the proceeds while belittling the provider. In the meantime they're bent out of shape by the damaged auto industry in Ontario - an industry providing cradle to grave emission producing units.

Nobody likes hypocrisy.

Comment It's just a shell game. (Score 1) 37

It was a "planned" emissions cap and changing the rules around clean electricity won't mean much. They aren't going to run off and build more coal plants. And investment in carbon capture is the lip service being returned for that lip service.

And the deal to open the door to a new pipeline to the west coast is equally nebulous. It requires BC and a ton on indigenous groups to be on board. If it ever happens, it's years away.

None of this changes anything any time soon. All politics, no substance.

Comment Oh please. (Score 2) 58

it's quite possible that thoughtful, original, human-generated writing will become even more valuable"

Much as I would like to think that's true, I don't buy it. If one thing has become true in the last twenty years, it's that thoughtful, original anything seldom strikes enough of a chord to reach mass appeal. Straight up the middle schlock aimed at the lower half does far better, and AI can do that already. In fact, for a large portion of the populace, nuance and subtlety of thought isn't just wasted on them... they're actively antagonistic towards it, and popular culture has made that a laudable stance. Willful stupidity. Taking enjoyment in deliberately missing the point. AI may do vastly better at reaching them than a human author could hope for.

I admire Francesco's optimism, even if I don't share it.

Comment Re: Unmatched Liquidity (Score 1) 28

Yes, ... sort of. I'll bet my understanding iis flawed.

Japan is the crazy outlier. But almost none of the Japanese debt is held by foreign entities. Almost all of it is held by the Bank of Japan, other Japanese banks, and Japanese citizens. As such, they remain functional because nobody is weaponizing their state of indebtedness. Everybody knows that fleeing the market en masse will destroy the value for everybody.

It's precisely because the US currency and debt are the global standards that it's open to the circumstances that will contribute to its demise. And in this case, he who panics first, wins. Large holders of that debt have no political or sentimental reason to keep it.

Comment Unmatched Liquidity (Score 2) 28

the unmatched liquidity of U.S. Treasuries kept the U.S. currency anchored.

That will be tested soon. As the price that the US has to pay to find buyers for their new issuances rises, they should find buyers in the short term. But eventually the market simply won't want the new bonds at any price. But risk will outweigh reward soon enough, and those bonds people hold will be illiquid. Or, liquid at fire sale prices, well below face value.

But the reality of a global reserve currency is less than 200 years old, and there really have only been two. The dollar and the pound sterling. So currency exchange is not new. And given technology today, managing it would be (tentatively) easier than ever. Even today some trade happens out of the dollar ecosystem.

I think we'll figure it out. If something doesn't bubble to the top in short order, we'll get by. Trade won't stop for something as trivial as that.

Comment Sure, whatever (Score 1) 273

Show me how your insights have enabled you to create more advanced functionality, and then I'll be interested.

Much of the critique seems irrelevant to AI other than LLMs, such as self-driving cars which map visual input to actions.

Comment Re:The thumbnails make themselves (Score 2) 108

My wife and I bought a used 2024 Mini Cooper EV just last weekend, for roughly that amount. It seems well-built and is very fun to drive. However it is only useful for driving around town because its range is only 120 miles. Technologically this is clearly out of date. I couldn't help but think that if not for trade restrictions we could be paying the same for a new car with more advanced batteries and motors. In fact the Mini Cooper EV, the 2025 model with almost double the range, is not available in the US because of trade restrictions.

Comment Re:Forget about 25 (Score 1) 35

I never liked the framing of 'their brain hasn't finished maturing.' You could as well say that after 26 the brain begins its decline into risk aversion and senescence. Somebody has to go out and slay the beasts and fight the enemies and make the babies and young people in their physical prime did most of it.

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