There is a reason for that. And it is most likely that they are rapidly freeing up Capital so they can try their hand at AI bullshit along with everybody else.

You don't just cut 20% of your staff like it's nothing. Companies are firing employees left and right to free up capital. This is actually by design it's what high interest rates are designed to do.

If inflation was under control a lot of these layoffs wouldn't be happening because companies would just borrow at low interest rates.

So I was using telling Trump kind of broadly. What they would actually be doing is calling the senators they own and telling them to sit down with Trump and explain that if he doesn't back the fuck down he's going to lose his War Powers. And if he keeps up at it they will have the senators they own impeach him and remove him from office after the midterms.

Remember the Trump isn't actually in charge the billionaires are. So if this is happening it's because the billionaires want it to.

I'm sure that the various other AI companies will respect the copyrights involved and not steal all the useful information and ideas and algorithms. If it's one group of people who are always very respectful of copyright it's AI companies.

The trouble is the only place to dump it that much money involved is into your 401k. So it's only a matter of time.

There will be an initial gold rush by Insiders. And then the regulations will quietly be altered. Just in time to let them screw us all over and make out with all our money.

You're looking at it wrong. It's not about you or your wealth potential. It's about making sure what wealth you have available to you is openly available to some already far richer asshole to pilfer. That's the end-goal with this shit, to make sure the middle and lower classes have *ALL* their retirement funds stripped and handed to the wealthy. And this crypto-scam 401k link will be a very, VERY efficient way to make that happen.

Did you get paid to post that? If not then you should be.

We stopped and forcing antitrust law in the '80s. If you try to make a serious go at competing with any major company then they will come in and if you are extremely lucky off of the buy you out but these days they just come in and copy your product and do it cheaper by leveraging other businesses they own and run you out of business.

As a employee you're also fucked because we also stopped and forcing labor protection laws. So companies can collude to lower wages while getting tax breaks for offshoring your job.

The game is rigged against you. But that's a really hard thing for people to accept.

Is so good for the billionaires that they don't care that America is rapidly getting shut out of the rest of the world because we are a national security risk...

Ordinarily what would be happening right now is billionaires would be telling Trump to knock it the fuck off with the crazy foreign policy because of the risk of us companies being frozen out of European markets. But nope. Everybody is just full steam ahead on the Trump train.

It's another example of how every single system designed to protect you has broken down.

Of bad stock into your 401k. The YouTuber Patrick Boyle has a detailed video on the subject.

Basically SpaceX is going to be valued at 1.5 trillion. However it is impossible for it to reach that valuation in the real world.

SpaceX already has all the launch customers that can possibly get even under the best case scenario. And in unfavorable administration would almost certainly start looking for alternatives because Elon meddled in a war.

So the only possible growth sector for SpaceX is launching its own satellites, specifically the ones for internet.

But that's a dead end too because there aren't enough customers who can afford high-speed internet and also do not have access to some form of landline based internet like cable or DSL

the only other growth sector would be AI bullshit but Elon has lost most of his engineers to other companies. SpaceX got this huge boost because Elon had a mystique and he was talking about going to Mars so a shitload of rocket engineers took lower pay than they could get in any other job and work longer hours to work for spacex. That isn't happening with elon's AI companies. So he can't compete and the stuff he's building is barely better than what you could build yourself and run off your own GPU.

Everybody knows this, at least everybody who is investing that kind of money, so in order to get the kind of money he wants he's doing a weird stock scheme that limits access to the stock in order to drive up the price. Basically a few insiders will get all the profit and it's going to leave a huge amount of worthless stock that needs to be sent somewhere.

Normally it would be dumped into public pensions but those have been maxed out with bad stock already. So we are 401K is going to get hammered.

This is just the largest of many scams that are going to loot your retirement and there's basically nothing you can do about it except vote for pro-consumer politicians who want to regulate Wall Street but that's going to be annoying people like Elizabeth Warren and AOC and Bernie Sanders and frankly people don't like them... And in politics likeability is basically everything now.

What I'm saying is that if you are retiring or even if you're just retired you're a fucked. You have money and somebody wants it and they're going to get it

These sick fucks won't be satisfied until they can do whatever they want with our 401k money. From guaranteed company pensions to 401k plans that are simply fodder for the Wall Street assholes to claim priority over our retirement savings to 401k money being used to prop up the crypto bros in one lifetime's span. Amazing. Our society just keeps finding ways to tell us that our main priority is making sure the rich keep getting richer at the expense of the rest of us.

No more than 10% of your portfolio should be in high-risk assets. That's a very old rule and still applies.

There ain't nothin' slicker'n a man leaned up against a doorjamb, carefully rolling a cigarette, hat pulled down low, sun setting off to the side of the building, then he raises his gaze right as a woman walks by and, holding the mostly wrapped cig between two fingers, tips the brim of his hat as he says, "Ma'am," all smooth and silky.

Yeah, this whole argument boils down to the same old, same old when it comes to modern society. Everything, literally *EVERYTHING* must be driven by greed. It's all about the money, and even the nicest things we have must be turned for profit or it has no value.

I'd be sad to see the spirit of open source get turned into yet another greed inflection point, but not surprised. We've spent too many years concentrating on promoting greed as our only moral code, our only ethical guidepost, our only true god. We can't allow anything to exist that doesn't reflect that one absolute value of our society. As sickening as it is, it's bound to happen. And then open source software can become just as shit and as unreliable as most commercial software, because it will be driven by exactly the same demands.

In this case it would be easy enough to calculate how much anything would be off and then use the existing data.

Remember we're not talking about science here we're talking about public policy. So yeah the scientists can go ahead and redo all the experiments just to confirm the numbers and that's something scientists will want to do.

But we're not going to find all of a sudden that micro plastics are good for you. Neither are we going to find that they are in such low quantities that they aren't harmful. At best this is going to slightly skew the results.

But this isn't like radiometric dating where there are are all sorts of caveats because of how that science works. At the end of the day you've still got a brain full of plastic it's just potentially slightly less plastic.

But as usual just like when cigarettes were discovered to be killing people the plastic industry is going to hammer us with stories about this and slow down and the attempt at reform for at least another 50 years. And just like the cigarette industry, assuming our civilization survives what's happening right now that is, our grandchildren and great-grandchildren are going to look back at this time and say what the fuck was wrong with those people?

Has it been "Fundamentally Changed" enough yet?