Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
×

Comment Re:Henry the K Se Fué (Score 2) 155

What reconciliation? China is dramatically expanding their ICBM stockpile to over 1200 warheads. They're also fortifying their islands and preparing for a conflict over Taiwan. Only now because America has lost their manufacturing plants and heavy press program China holds all the cards in a conflict.

Comment Re: AI is already a threat to humanity (Score 1) 186

No one has come up with a solution to that problem. And they likely never will. It ties directly into human mate selection. How do we rank order society if we remove resourcing from the ranking? Do we rank order by physical strength, or intelligence, or sporting ability, do we rank by appearance/physical attraction? These are things which evolved over millions/billions of years. Competence/resourcing has been the main driver of mate selection throughout history, and violence. Now if we automate labor tasks and eliminate the need for people to work we're basically throwing out the main driver of human evolution/mate selection. We're so not ready for that.

Comment Re:CBDCs can work if done properly (Score 1) 77

The Trucker convoy was a good example of banks enforcing politics. Less known is debanking where businesses that aren't approved by the state (or the morals of the banks) get kicked out of the financial system. Happens to sex workers a lot. Also happens in Australia to Tattoo Artists and Vape store owners. Completely legitimate businesses protected by law but not approved of by banks.

Comment 100% Digital is the death of Freedom (Score 4, Insightful) 77

Once all currency is digital, all transactions are tracked. It's the death of Freedom. Doesn't matter if you're left or right leaning. Supporting a gay rights organisation? Your accounts can be locked and your money confiscated. Supporting anti-immigration political parties with donations? Your account can be locked and your money confiscated. Want to buy some drugs, or pay for your mistress. Social credit score -9000.

Comment Re: Definitely there is minimal free market at wor (Score 1) 148

That's not entirely true, FDR brought in the Glass-Steagal act and the Bretton Woods system. The Bretton Woods system basically regulated banks and restricted their power. Not one private banker was allowed at the Bretton Woods conference. The governments instituted capital controls and ceilings on interest rates and debts. The collapse of the Bretton Woods system has been a disaster with government debt levels becoming unsustainable. US Debt alone is now $1 Trillion/year in interest payments. It won't be too much longer before hyperinflation will kick in as the only buyer of US debt will be the Fed.

Comment Re:Definitely there is minimal free market at work (Score 2) 148

Free markets aren't allowed because Freedom means the Freedom to fail, and the wealthy don't want to fail so they lobby governments to rig the system and give bailouts to their mates. Government needs to get out of interfering in markets, and should be an independent umpire. Ensure fairness but don't be open to lobbying and influence.

Comment Re: Trump had the economy singing along (Score 1) 151

The US economic problems are a bipartisan issue. The Fed is taking actions based on the US government spending too much. The US dollar crashing is a predictable outcome of the wars and currency debasement that's been going on. I bought gold after listening to Peter Schiff explain what interest rates would do and why. No the price hasn't gone exponential in USD. But I have doubled my money in AUD (I'm in Australia) so it has protected my savings quite well. By September 2019 the Fed broke the overnight repo market where interest rates were meant to be 2.5% but they jumped up to 10%. After that they printed trillions to stop the market collapsing, and we had $2000 USD gold by February 2020. Once covid broke out and the share market crashed (after the Fed announced 0% rates In 2020) they printed trillions to bail out the share market. The inflation from that bailout was entirely predictable.

Comment AI Coding (Score 1) 151

Has anyone demonstrated that AI can maintain a codebase? I'm always hearing about how great gpt is at programming. I have a 20 year old codebase: Vegastrike. The main developer moved on. The project has dozens of dependencies on open source libraries. E.g opengl, sdl, ffmpeg, libpng etc. These are all moving targets and are being manually maintained. Has anyone demonstrated an AI model that is capable of analysing and updating the api calls in a codebase? If not, then programmers will be safe for a very long time.

Comment Re:finally at the end? (Score 1) 224

When the US Debt structure falls apart, the Japanese economy will be the next domino to fall. Japan's economy only exists currently because they are able to trade older investments in foreign countries/play currency trades to stay afloat. If the US dollar system falls apart the Japanese system will rapidly collapse into hyperinflation.

Slashdot Top Deals

"The one charm of marriage is that it makes a life of deception a neccessity." - Oscar Wilde

Working...