Mortgage The Future!

Debt is Wealth!

The current economic system is out of control and on a path of no recovery. AI will create a job apocalypse if it succeeds or market collapse when it fails.

The cost of maintaining the $40T US debt interest rate payments is becoming untenable economically.

The middle class is being squeezed down to the lower class more and more.

The courts have allowed and protected PayDay loans under both administrations and the owners of those companies got elected to public office in Texas also.

Clarana, Zip, Flex, they are all derivative of PayDay loans and are following their play book.

If the current young and middle aged generations don't believe in the future then they don't care about creating unpayable debt if they feel the economy is on the verge of collapse and they won't have to pay anything back.

If there is no Future then there will be no Debt to pay back.

Congratulations comrade on your Non-Consensual participation in our Microsoft OneDrive Photos Beta integration with Flock facial recognition features, to ensure that our synergy works for the best of what Big Brother has always wanted for everyone!

- Microsoft All Channels Marketing

I've had to uninstall OneDrive more than a dozen times because every time Microsoft office gets updated it pushes that install back onto the machine. Anytime Microsoft releases a new version of a large update to Windows, it pushes that client again. I have to uninstall it and make sure that none of my files have been forcefully moved to the OneDrive before I remove it.

Now they are doing this to capture your photos and facial profile data to do facial recognition and grouping.

Microsoft is the right hand man of the surveillance industry. They always have been and they are more so now. Now they're just more incompetent about it.

So that's it for GM. BMW already went that way, VW, and Toyota is starting to sniff out the subscription markets too.

I really wonder if there's going to be a car company out there that refuses to do this or everybody's going to be on the subscription bandwagon and we're all going to be looking for old non-smart vehicles.

Here comes the return of the carbureted cars. This is going to be great for the environment. But maybe the EVs from China will have enough people hacking them to make them at least free from manufacturers' subscriptions.

Any IBM project I've seen in the last two decades has been filled with outsourced Indian consultants that put in the hours warning their chairs and accomplish nothing only to be replaced by another bumbling Indian to do the same when there is no progress and complaints come in from management and new time extension contract needs to be signed for when time and materials exceed the estimated costs until the project fails.

IBM SameTime, Lotus Notes Mail server upgrades, Z/OS migrations, x390 upgrades, P-Series hardware refresh, TADDM CMDB inventory, BigFix patch management failures, and the list goes on. All IBM products and projects that I've had to help fix, implement, maintain until replacements can be installed and IBM garbage ripped out.

Teaching IBM mainframe consultants how to FTP files to their mainframe filesystem partitions to upgrade the z/OS shows how low that company is sunk after it moved to India since it fired all of their local US talent and mainframe guys.

Any project that IBM touches goes IBM Blue(TM) from asphyxiation and withers away and dies.

Now they are losing to AI on their inept services and software projects after failing to anticipate that is just par per course for their consulting business. Just as bad as Deloitte.

Microsoft is following on their heels now also, full of outsources and offshored Indians and people wonder why Windows 11 sucks so hard?!

The US techies are left scrambling for the few leftover IT jobs here to be taken over by AI after they implement the death knell for their back-office working bretherent. They are building their own AI terminators, first for the non techies who are the clerks and analysts, but then for themselves to snipe each other out of the few remaining jobs in the future maintaining the AI IT infrastructure.

I wouldn't be surprised if the Chinese strategy to destroy the US Bubble AI economy is by doing what they are best at which is copying American inventions and then releasing them and selling them cheaply even if they are slightly inferior but cheap enough and good enough.

They did this with American manufacturing, American EV vehicles, all the products sold made of chinesium on Amazon, and now they just have to continue the steal, distil, copy, and then undercut as a strategy to destroy the American AI companies who are way overcharging for their tokens and fees and subscriptions for usage.

The Chinese have been cut out of the Nvidia chips so they made their own cheaper but less capable but they can make them in volume and save tons of money. Now they just have to flood the American market with cheap local open AI models that are just good enough and cost a fraction or are even free to take down the biggest American AI companies.

Forgot the $4.4 billion debt of rotting and buried garbage pile of decomposing crap that's brewing and festering underneath with a $27.5 million profit and $601 million operating costs

$4,400 debt / $0,027.5 profit = 160 years to pay back + $601 garbage grinder operating costs to maintain the AI shit token blender

Holy crap, a $1.7 billion IPO on a $27.5 million profit company holding the wet trash bag of rotting tech failures and enshittifying them with AI garbage slop for subscription fees!

1,700.0 / 0,027.5 = 61 years + Useless Holdings

Wall Street is going to barf this IPO out faster than a cat's wet hairball!

Straight to the scammy money penny stocks with you!

The only Bending of Spoons that'll happen is from heaving all that AI slop enshittified excrement coming out of the BSP bunghole that these companies are producing.

Yeah the tiny little bump down is not the start of the AI bubble bursting, not just yet. The little blip on Tuesday got wiped out on Wednesday and it's back to normal with some reshifting of investments in Asia.

Except for SpaceX which is now dropping back to its $150 opening IPO price to the public. It's going to bounce back up but once again in insignificant single digit percentage increases which means that even with the upcoming increase just by a few percentage points, it makes no difference to retail investors since you can't swing enough volume to actually make a reasonable profit on it.

When I was younger watching the Dow Jones industrial average hit 10,000 was a massive event. And then it hits 20,000 followed by $30,000 and now it's at 51, 000. So if I took the money that I had when I was younger and working and saving money and just left it invested in that index? Or just a total stock index? Or even a technology index? I could have retired by now but that money got used on life and other things and and it didn't stay invested. So compound interest and all the growth in the last few decades didn't happen.

I personally planned my exit a decade ago after a 30-year career in technology. Since I started focusing on a whole different career path that required me to become a teacher, an instructor and a coach along with a referee in a precision sport that requires humans to be involved in every aspect because everything is still running on centuries old proven technologies with almost no changes.

Cert & Lic Up... but in A Second Career

Instead of spending time getting technical certifications that would become irrelevant in half a decade as I kept seeing the acceleration of development of new technologies increase and the breadth of the entire field of technology expand exponentially so that it became impossible to maintain expertise in all or even much of it. So instead, I spend time getting licenses and certifications in that sport and then expand my involvement to build up experience so I could step into it later as a career.

Frankly, my plan was to have this as a secondary career and then transition into it towards my later years in life as I approached retirement, I could spend less time with technical work that was mostly remote now and get involved in this sport more and spend more time with it.

Bad Management -> Early Career Changeover

A bad turn of events caused by exploitive sociopathic gaslighting horrible incompetent illiterate and technically illiterate manager after a forced transferred to a useless and very underperforming team that needed a top-level expert to fix all the problem in the entire organizational tree, blew up my career and caused untold mental damage from having to deal with such a level of ignorance and maliciousness, so I transitioned into that sport career full tilt as a form of early retirement way earlier than I expected.

Knowing that AI is growing and taking over a lot of jobs, everybody says we're in a bubble but nobody can tell us when it's going to pop.

I still like working in technology because I am a technologist I plan to spend some time getting certifications for very specific Niche products that I'm really good at where they have a very high value and are very expensive to run and maintain and support. So I'm hoping to become so specialized that I can take work contracts, part-time hopefully and spend most of my other time in my other career in precision sports.

However, I have a feeling with the upcoming IPOs of the AI companies. There's going to be a reckoning coming with all the private debt and the bond markets and the interest rates and the inflation all hitting a inflection point from which there will be no return and will be in another lost decade of technology and economic growth. I'm not a doomsayer or a predictor because I felt like this for so long.

This is why I started on my path early to build up enough decades of experience to come into it with already a fully developed plan backed by decades of experience and certifications and involvement in networking and social experience.

We shall see what the future brings in technology. Things are not looking good with all of the AI stories. Talking about the young workers not getting the hands-on experience since they have been replaced by AI and existing workers being laid off along with them exiting the industry and retiring early or completely disconnecting and doing the quiet quit along with the silent quit along with the early retirement or a complete career change.

I have worked for many us companies where large parts of their engineering and development and other highly technical departments were actually based out of Europe with plenty of European employees because the American companies were willing to pay that much salary and income for those European Nationals to work for foreign companies, which in this case are fully us-based company in the high-tech sector .

Unless the salaries and income for those European employees who want to work for a European company start matching or surpassing those salaries that they could make as a foreign worker for US tech firm, then Europe will not be able to persuade any of the European tech workers that are currently employed by hundreds of US firms changing their employer allegiance to a European employer.

The only time in my multi-decade career in technology and consulting have I actually worked for a european-based company within America for a US non-technical large Fortune 100 company. The principal owner of my contract was a large European IT firm well known for many things who then contracted me out to an American company here that was not a technology company. It was a good contract but it only lasted a few years and then it went away once the project ended.

Punish and Tax EU Nations Working for US Firms

But fundamentally that choice came down to who is willing to pay more money for employees unless Europe starts to impose some additional taxes on those European Nationals who are foreign workers to US tech firms to punish them for working outside of EU, which sounds exactly which is what they would probably try to do based on the EU heavy regulation that they just love to impose on everyone and rightfully so based on their own ideologies.

Zillow is Slow & Behind on Data

A buddy of mine who is a realtor says that he always has a problem with people that call him saying that they saw house listed on Zillow giving him bullshit information and he tells them that looking at the actual local and regional real estate networks that are used by real brokers, those houses are listed for different prices and a lot of times those houses are sold and Zillow still shows them as being available 48 hours later where he has to field calls for the next two days about houses that have been closed.

Compass Buying Other Real estate Brokers

The other thing he told me is that a lot of the real estate companies have now consolidated and bought each other out and Compass has now become one of the biggest companies out there buying everybody else out where now there's going to be Wars for data access too real estate house listings.

Real Estate Transactions Collapse & Recession/Depression

The other thing a friend of mine told me is that there are people that have been brokers and Realtors in the market for over 2 to 3 decades and in the last year or two they have not been able to make any transactions whether it's a purchase or a sale because we are in a massive recession and everyone is just holding their breath because the interest rates have f***** everyone over so nobody wants to sell and people don't want to buy and those brokers are now starting to get really concerned and are switching brokerage companies because of all the massive consolidation that's happening because of the recession and the upcoming depression that we are in. Stock market is doing great. Real estate market is dead.

That little uptick in IT sector unemployment is trailing reality where there's a larger acceleration of unemployment in IT due to cost cutting, recession like economy, uncertainty over AI augmentation of the IT labor force, and fear of the bubble popping whenever it does if ever.

The statistics are cooked since like an earlier poster said that when folks drop out of IT because they can't find good work anymore they aren't counted anymore in the unemployment statistics so it looks like a win for the numbers getting better, but the person is still unemployed or switched sectors or careers.

Middles six figure jobs for IT are very rare to see and all the job postings are for under six figures. It's work that is mostly the churn and burn type like hands on desktop, low-level analyst or QA, site monitoring, or low level admin jobs. Which burn people out and then replace them with more cheap labor locally or offshore.

Career Path Change

I've built a path and skills and certifications over the last decade to a completely different career and now I'm going for it after finishing a decade and a half long stint at a dead-end organization that did IT in the stone ages managed by sociopathic computer illiterate exploitive and manipulative management and technically myopic leadership criminally violating laws and regulations with massive cover-ups.

I'll probably dabble in IT work to enhance my new career and try my hand at a derivative business idea to bring IT to a non technical sector that needs to come to the modern age and there are only two other people doing serious IT in it.

But I'm one of those statistics now who's making those IT Unemployment numbers look good since I'm switching career paths midway in life, after seeing and predicting the IT job apocalypse that is now starting and looking into the future over the horizon of the corpses of IT workers like in Terminator 2 opening scene.

Opening (Future War) | Terminator 2: Judgment Day [Remastered] = AI Killing IT Jobs

Don't you know that the consent decree and the memorandum of understanding from the previous antitrust lawsuits with the Department of Justice (DOJ) expired for Microsoft?

They do the same thing every decade with their lock-in OS and features line OneDrive and Copilot. Every single time.

I'm other news, the sky is blue and water is wet.

Same at the old place I used to work for. Oracle somehow won the bid for an ERP accounting solution and migration work and it's about to go down the same way also. It is going to be a shit-show when they try to migrate from mainframe Lawson software solution. They supposedly are trying to hire an internal developer for account with mainframe and C# skills for Oracle ERP accounting. That is going to be a no-find position and require Oracle contract development hours and a whole team instead.

The Cyber Security managers did the same thing with Deloitte through the revolving door and now are back at the org using them as consultants and contractors which have screwed up a lot of security worm because they are not knowledgeable over the systems they should be securing nor competent to do the work well. No wonder their only internal develop left when that happened and now they have to outsource development to them.

The old leadership did the same with IBM and Cerner.

Revolving Door Corruption