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Submission + - IMF Warns of the real AI threat: Debt (imf.org)

databasecowgirl writes: Along with the dangers of continuing cyberattacks, the IMF reports that the threat of an AI market crash is putting the global markets at risk.

Three salient risks could trigger a sharp tightening of financial conditions and market turmoil. Weaker or less durable investment and profitability in artificial intelligence could lead to a correction in AI-related asset prices, amplified by rising leverage and concentrated exposures. Resurgent inflation or fiscal concerns could drive a sharp rise in sovereign bond yields, with potentially broad repercussions across financial markets. Meanwhile, increasingly sophisticated cyber threats pose growing risks as finance becomes more digital and interconnected.

Comment Congrats. They killed it (Score 0) 51

I understand the myopic that makes this happen. Amazon gets a marquee event, and supposedly boosts its stature and hopefully drives viewership. Everything a corporate vice president wants. The Emmy organization gets the most money, that they use for⦠whatever. Win-win right?

Well, no. Viewership will drop because now people have to get an Amazon prime subscription as opposed to simply having basic cable, or (gasp!) an antenna. They wonâ(TM)t even know when it happens because they wonâ(TM)t see the ads for it on a competing network. And so what used to be yearly appointment viewing cultural touchstone dies.

See also: Apple and the Charlie Brown specials.

Comment Re:induced demand is not a valid reason to not bui (Score 1) 149

we already know that people don't choose to live in large tract suburban developments, nor do people choose to live in apartments or condos, developers make those choices for us and shape the transportation problem as a result

the solution is simple, make the developers build what people want and need, not what makes developers the most profit

most of our civic problems are because of irresponsible development driven by greedy classist developers

upper class communities have few of the problems most of us have
 

Comment induced demand is not a valid reason to not build (Score 2) 149

Induced demand does not mean that building roads never reduces congestion; new capacity can provide substantial and sometimes lasting benefits. Rather, it means that traffic responds to changes in the cost and availability of road travel, just as traffic can decrease when road capacity is reduced through people changing routes, times, destinations, modes, or simply making fewer trips.

Comment SCO? In 2026? Inconceivable! (Score 1) 96

What year is this? Itâ(TM)s so wild that SCO is still doing this same bullshit after 30 fucking years!!!!

Jesus! I know that donâ(TM)t have anything else to do, but itâ(TM)s hard to believe that thereâ(TM)s anyone at SCO that would be willing to dust off their parentsâ(TM) failed lawsuits, but apparently there is.

Comment Re: Biased news (Score 1) 118

>One could infer that the State of California thinks its citizens are dumber than the average American, and thus can't be allowed to see triangular arrows lest they draw the wrong conclusion

Or the plastics recycling was always an industry greenwashing campaign, and the vast majority of people actually do believe that sorting their plastics into a recycling bin leads to less plastic being manufactured, and this is just a move to educate the people that plastic recycling is actually a sham.

Comment Re:Life? (Score 0) 197

life is great when one is healthy, eaating meat and drinking alchol are wrong not only for health reasons but ethicslly speaking as well. the dead flesh industry is unacceptably cruel and alchol fuels more social disorder then any other drug. Not to mention how prohibitions have corrupted and perverted society and law enforcement.

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