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Comment Re:When it crashes (Score 3, Interesting) 62

Maybe, but we actually know that the AI companies do not make nearly the money required to justify the investments in them.
We know that when the head of the Federal Reserve retires the likely replacement will be in favor of keeping interest rates low even when the economy is hot and inflation is rising.
We know we are accumulating debt faster than ever before.
We know that the top 7 stocks are all companies that do the same thing, more or less, and represent 36.6% of the S&P 500 so a downturn in the tech sector could be more devastating than it would be if it was a normal sized sector.
We know that, due to tarriffs and other factors, the world trade balance is shifting and the dollar's position as the medium of world exchange may be faltering.
We know that we have stopped getting reliable economic data, or in many cases any data at all from the usual sources.
We know that the market cap for Bitcoin, a currency based on nothing that nobody uses for currency is $1.4 trillion.
We know that certain other enormous companies have an extremily high P/E ratio and market caps of hundreds of billions of trillions, suggesting that there may be some seriously overvalued stocks out there.

Comment Re:There is no unmet demand in the US (Score 1) 206

We figure out how to make good cheap cars maybe instead of importing chinese ones, but instead or biggest ev company has decided its actually a huminoid-robotics company and we stopped subsidizing EVs so we've clearly decided not to go down that path. Its like saying "I don't like bob down the street, who sells really good tomatoes. I could grow my own really good tomatoes, but I don't want to do that. Why can't I have good tomatoes???? WHY!!?! LIFE IS SOO CRUEL!"

Comment Re:There is no unmet demand in the US (Score 0) 206

As I understand it the US demand for vehicles is a little hard to quantify because prices increased a lot during covid and are still quite high for a lot of people. Although I think vehicle sales are still generally up, despite the higher prices.

If you are selling an orange for $1 and then suddenly you change the price to $10 demand will decrease, but people will still want oranges at $1. If we were to get vehicles at near China's prices its hard to argue that demand for evs wouldn't improve.

Comment cool! (Score 3, Interesting) 206

In China they have an oversupply of vehicles
In the Us we have more demand than supply.

Should be easy to solve these problems. Except wait, no, we won't buy chinese cars because we want to prop up the richest dude in the world and the cars he's trying to sell us, despite the cars being outdated, 3-5x more expensive than the chinese cars, and built on a heap of lies - like full self driving supposed to be available in like 2016.

Comment Re:Labor is your most important resource (Score 4, Insightful) 97

Some people speculate that it might be better to pay people based on the value they create in the world instead of whatever the market decides. A lot of people would argue that the market is actually a good way to decide how much value someone creates, so it all works out.

Other people say that a lawyer who files frivolous lawsuits to make money or a quack naturopathic doctor who proscribes pumpkin seeds to cure cancer actually create negative value, yet they get paid quite a lot sometimes, so therefor the market is an ineffeciant way of deciding how much to pay people. Also some people do quite a bit of important work but get paid very little, such as people who work in a factory making motherboards, or people who clean public bathrooms.
Then there's the matter of people who make a ton of money by owning things but do no work at all, such as heirs to large fortunes. Some ask "If the market is good at deciding how to pay people based on the value they can produce why are these non-producers making a very large chunk of all the money out there?"

Most americans at this point will piss themselves and run away from dangerous thoughts like these.

Comment Re:Wait for Elon (Score 4, Interesting) 20

This is clearly true - the only question is will they be able to connect the dying ai bubble to the nacent quantum computing bubble or will they be two seperate events?

I suspect the latter, because quantum computing just isn't there yet, but they might as well try to get some fancy new keys to jangle in front of us. They're trying some other stuff, like hinting about non-llm superintellegence in the very near future, but that seems to be obviously just straight up lying.

Comment How much more does ai need? (Score 1) 34

Hasn't ai already scooped up the entire internet, every book ever written, read through the transcripts of billions of videos, listened to billions of audio tracks? I'm sure amazon's ai has been listening to people over Alexa for years constantly. How much more data does it need before it gets good?

Well, for myself, these days when I write code on the internet when I know the ai is probably going to read it I intentionally write very bad code. Just for fun really, I know I'm not going to change anything.

Comment Re:Welcome to the world of tomorrow (Score 1) 60

One very cynical, but possibly true, view is that people will buy whatever you shove into their face, no matter how disgustingly you shove it.

Another view is that if you make something revolting to look at and force people to watch it they might develop a negative attitude toward your product.

Ad companies today clearly hold view #1. Why not? It makes them a lot more money to tell their clients that there is no negative utility in pumping out unpleasant ads. However there are some studies that indicate that there may actually be some downsides.

I don't know what the truth is, but for myself, I greatly dislike companies that force me to watch crappy ads and have enough consumer junk in my life that its very easy not to buy whatever the company is hawking.

Comment Yo Dawg (Score 5, Funny) 9

I herd you like AI, so I put an AI in your AI so you can vibe while you vibe.

As ai companies run out of ideas like "buy more gpus!", I expect to see a lot more of this. Personally I want an ai that argues with other ais about the merits of my shitty code I've vibed together while watching tiktok, not holding back on the insults and trolling.

Comment Re:I look forward to ... (Score 1) 149

I think the idea is this is a huge bubble and a large number or all of the AI companies fail - its hard to imagine they won't have vast quantities of GPUs they suddenly can't use. They can try to sell them to the surviving ai behemoths, yes, but it seems like a stretch to imagine they'll just want to buy all the old gpus of their former competitors all at once. Yeah, a lot of these things aren't gpus, which probably means the bankrupt companies will be more incentivised to sell the fungable GPUs rather than the less fungable AI focused chips.

Comment Re:"Too big to fail" doesn't mean "bubble too big" (Score 1) 149

Yeah, how much of people's retirement savings are invested in AI companies through various funds? I would say a fair amount. Not to mention most of the growth in the market for years has been in these ai companies.

That doesn't make them too big to fail I think, but it does mean that when they fail it will be a pretty big disaster.

Years worth of investment that could have been poured into useful (and valuable) things will have just been spent on decaying, unused data centers.
Years worth of intellectual investment, specially for people in college right now who are incorporating ai into the way they do things will have been wasted.

Now what if AI is a big deal and really useful and profitable? Great! But a lot of these ai companies will still not have the AI everyone uses and they'll eventually be worthless, and a lot of them just have a pile of vaporware and ill-concieved dreams anyway and will also be worthless - that's kinda how it was in the dot-com bubble.

Comment If they want to grow they should sucking (Score 1) 49

I bought Sea of Theives from the microsoft store on windows a while ago because I didn't realize they had put it on steam.
Man what a fiasco that was.
The store takes white a while to load. When I go to my library it is crammed full of garbage like "Microsoft game bar" and "Microsoft Gaming services" and "Microsoft 3d viewer" - stuff that just automatically came with windows including stuff that microsoft won't let you remove without considerable effort like cortana andcopilot, as well as weird junk like video codec packs that were bundled by windows and the WebP Image Extension? Why in my library? WTF?

Steam's search for games isn't great but its a million times better than the windows store which has no useful filters or tagging. it is hideously ugly. The ui is obviously made for phones. No dark mode of course. Amazingly Sea of Theives only has 8 reviews and gets a 3.5 score.

Actually using Sea of Thieves has been difficult as the store frequently forgets that I've already bought it and does a poor job of updating it. Right now it isn't registering I have an internet connection for some reason.

The epic store is like a breath of fresh air compaired to the microsoft store and the epic store sucks. Microsoft wants to use this shitpile to compete in a market where it doens't have users trapped on their xboxes? "Ha!" I say.

Comment Re:Its risky not to make a facebook account (Score 1) 70

Yeah, you're right, there is no real solution. Being on fb makes me feel like I've got a little more control I guess. Also, in theory, more leverage if I want to try to get facebook's administrative staff to remove impersonations - I've tried this with a friend who had the problem and facebook's moderators didn't do anything, but it wasn't a huge issue for him so we gave up, so even having an old account may not make the slightest difference.

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