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Comment What the actual fuck editors. (Score 1) 46

This is conservative/right wing agitprop clickbait bullshit of the absolute lowest quality.

no, social media is not creating debt laden people low wages and monopolies raising prices is.

Fuck what a particularly nasty piece of clickbait. But you got me I clicked it and I commented so you win I guess.

When the species of super intelligent raccoons or beavers take over from us after we drive ourselves to Extinction through sheer stupidity I wonder what they will think of this crap.

Comment Re:China is acting like the US now? (Score -1) 32

I'm sorry but this article is ridiculous. If I didn't live in the US I'd feel like maybe there would be something to call out, but this is how our companies roll all the time and our current administration is even worse. Nothing to see here.

Correct, the problem is that China is acting more like the US now. Which is more of a problem for the US than for other nations, because we have been taking advantage of our unique status to increase our standard of living at other nations' expense, and that will now be harder. You have it backwards about who should be worried about it. My guess is out of some misplaced feeling of hypocrisy.

Comment So no they're not getting regulated or fined (Score 1) 74

It seems that way because you see headlines that they had such and such multimillion dollar fine levied but they appeal and don't pay the fine or it gets reduced to a tiny fraction of the profits from the illegal behavior. But funny thing the news media never seems to cover that...

I know of companies that literally have a classification system where they figure out which laws they can break. You will be shocked to find that the laws that affect rich people are generally in the list of ones they can't break while the laws that affect you are in the list of laws they can break...

Even under Biden it was difficult to get consumer protection laws enforced and the fines actually levied and paid and now the Trump is president worst case scenario you buy a little bit of trump coin and the problem gets solved.

Comment The problem isn't China's growth (Score -1, Troll) 32

The problem is we can't sustain this many billionaires let alone the number who want to be trillionaires.

And we can't take the billionaire's money away because if you try a bunch of old people who grew up on Cold war propaganda are convinced you're going to break into their house and steal their toothbrush. And anyway those billionaires earned it because if they didn't God wouldn't have blessed them /s

Comment Re:Replace CEOs with AI! (Score 2) 30

We need to push for CEOs to be replaced with AI. They'd do a better job and would cost a LOT less.

Start repeating this everywhere and get the meme-makers on it. It will be wonderful to watch them squirm as they suddenly find reasons why AI shouldn't replace a company's most valuable assets: its most highly-paid executives.

A CEO doesn't get paid for any of the work AI does. CEOs collect information from other executives, peers, consultants, and the media and make decisions. LLMs can disrupt the work of consultants, the media, and the employees feeding information to executives, but it's horrible at making good decisions that can be trusted.

Comment Re:And the stupid doubles down (Score 1) 30

I find it totally fascinating how determinedly these "decision makers" try to ignore that LLMs cannot deliver anything but a tiny fraction of the claims made about them.

In fairness, since some of the claims are that AI will replace all jobs, even massive disruption such as replacing 10% of the workforce is still a very big deal. I'll be surprised if we don't reduce our call center staff by at least 50% in the next 3 years, and AI chat/voice bots is a small portion of that projection. That is mostly from AI agents assisting call center agents and assisting product managers to find ways to improve human agent UX.

LLMs were capable of doing all of this in early 2024, and have only gotten better since then. We weren't having success with nano/flash models in 2024 but we have been moving to those models for most use cases in late 2025 (reducing LLM costs by 80%).

Comment Re:Remember, the problem AI solves is wages (Score 1) 30

That is usually true, but we don't always use AI to replace employees (although it usually does).

I am working on something now that reads all of our transcripts and identifies what part of each call takes the most time to help product management prioritize call center improvements. Traditional NLP couldn't do as good of a job at this as early testing is showing LLMs can do. We would have to more than triple our call center staff to have a human listen to every single call and identify opportunities to improve call center agent UX, but a nano/flash LLM can do this for around 1 cent per call. For $250k we can do this for our 25M annual annual calls. That isn't replacing a human. It is doing something we would have never paid humans to do and giving us information we never would have had.

This information will still be used to either decrease call center staff or increase the caller experience, but that is true of every product enhancement we do for this business function. Not just AI.

Comment Re:What's wrong with an accounting trick or two? (Score 1) 49

It's still the exact same silicon and it's got the same problems. Not all of them burn out but some of them do.

The real question is how long until it's replaced by newer or better hardware. Basically will we see custom hardware replace video cards soon for llm acceleration. Similar to what we saw with Bitcoin.

That Won't help consumers because the Fab capacity is just going to go to different silicone, but it does mean that a whole shitload of these gpus will become worthless. I guess some of them will show up on eBay. I got a lot of use out of an old rx580 that was a mining card. I think it did eventually die on me but I got about six good years out of it.

That's a one-time Bonanza though. And it's assuming we get it. The real loser there would be Nvidia since if they get replaced on the AI market with custom hardware then their market value is going to crash harder than I think any market value has ever crashed

Comment "A" cryptocurrency? (Score 0) 77

Money laundering is the backbone of the entire cryptocurrency market. Although Trump has made corruption into a strong contender.

The greatest rap channel on YouTube, Patrick Boyle's, has a video about one of the major scams collapsing because the big boys have integrated crypto into sectors of our economy so there isn't enough excitement about it anymore to keep some of the financial scams going.

Also with the economy collapsing due to incompetent mismanagement from on high the stock market's going with it. And a lot of these scams were riding the stock market.

Still as long as we refuse to regulate the money laundering crypto isn't going anywhere. You'll Still lose your shirt when you invest in it and desperately try to hide it from your wife. But the big boys are in the pool now and so they're going to suck up all the scam money

Comment Re:3D printing wasn't the problem (Score 1) 98

I'll find out in mid January, lol - it's en route on the Ever Acme, with a transfer at Rotterdam. ;) But given our high local prices, it's the same cost to me of like 60kg of local filament, so so long as the odds of it being good are better than 1 in 8, I come out ahead, and I like those odds ;)

That said, I have no reason to think that it won't be. Yasin isn't a well known brand, but a lot of other brands (for example Hatchbox) often use white-label Yasin as their own. And everything I've seen about their op looks quite professional.

Comment Remember, the problem AI solves is wages (Score 4, Insightful) 30

Paying wages. That's the problem AI is designed to solve. It is not a consumer product it is capital that will be used to replace you.

And remember they do not need to replace all of us. Doing something like 15 to 25% would completely hollow out consumer spending which is already under threat because massive income inequality means that 80% of our consumer spending comes from baby boomers and those people have about 10 years left before they are pushing up daisies.

And they will not be leaving any inheritance to speak of. What they don't spend on RVs and morning mimosas is going to be eating up by collapsing healthcare systems.

The system of capitalism is being dismantled. It's not breaking down it's being broken down. And if you are under 65 you are going to experience that process. And if you have less than 100 million in your bank account it's not going to be fun.

Comment Re: Holup (Score 1) 142

Credit card processing fees are high in the US, typically 2.5% . Merchants prefer to use less costly payment methods. Unfortunately, for instant payments, there is no standard for electronic payments, just a patchwork of various systems or businesses like Zelle, FedNow, Venmo PayPal. You just never know which merchant or customer has which. Whereas almost everyone has a debit or credit card. I still write a ton of checks for this reason. Not because I like them, but because of the fragmentation of electronic payment methods, and because many businesses prefer them. Obviously, not at checkout lines.

If credit card fees were lower, as they are in the EU, I think checks would likely disappear.

Even in the UK/EU where merchant service fees are capped, once you start ordering in the 10's of thousands of Euro/Pounds... merchants start insisting on non-card payments because that 1% starts hurting at that volume.

Back in the day (early 00's) I ran a shop in Australia and I had to maintain accounts with my suppliers that needed to be paid off monthly. I did this via bank transfer (including a line of credit I could use for bank transfers). My card fees for sales would sometimes dwarf my staffing costs and this was 20+ years ago when a lot of people still used cash exclusively even when paying a few hundred bucks.

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