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Comment Re: Leaving. Billionaires or billionaires' money? (Score 1) 88

I can explain; the theory is that we want a deadbeat tenant who pays nothing in rent versus an absentee tenant who pays their rent.

If I canâ(TM)t look at Elon Musk every day prancing around with a cheese hat and pretending to understand rockets I donâ(TM)t know what Iâ(TM)d do.

Comment Re: whatsoever a man soweth, that shall he also re (Score 1) 221

Thereâ(TM)s a YouTube contributor named âoeVaushâ who highlighted an email about the cost of painting a road to make a pedestrian crossing. Just painting some white stripes at an intersection. Actual cost of materials and labor to just do it; $320. But to do it officially? $1.4 million.

America is cooked. The worker and the paint supplier will fight over that $320, and all the parasites of our rent seeking system over a million. We could not build a bridge or a damn today without a billion.

We are cooked.

When society resets, you can build the entire Panama Canal for three roasted poodles and a couple pigeons.

Comment Re: whatsoever a man soweth, that shall he also re (Score 1) 221

âoeWeâ didnâ(TM)t decide anything. The ignorance as supported the good ideas suppressed.

All our problems were caused on purpose and maximized profits and made us dependent.

Our energy infrastructure is to have control. Our healthcare expensive. Our housing. Everything is about wealth extraction and the âoegovernment out of our businessâ never affects the complexity or cost. It just means monopolies with barriers to entry.

We have global warming because of the petro dollar.

This is all about wealth extraction. Itâ(TM)s all about a cabal of degenerates who want to guarantee their own supremacy. Any solutions that donâ(TM)t take care of the Black Rocks, the Rothschilds and the Carlysle Group are doomed to be co-opted. Is the Sierra Club promoting timeshares yet?

Comment Re: Oh well (Score 1) 221

Letâ(TM)s recognize the auto mechanics who now have to work on impossible systems that list as requiring 4 hours to fix but take 16.

The truck drivers who have a long boring task and will be replaced soon.

The people who distribute our food. No glory.

The medical professionals who squeezed through an expensive gauntlet that restricted numbers and now are burnt out and need an accounting degree and an air traffic controller to efficiently coordinate the 200 patients they need to help in a day.

There are so many paths and they all suck.

Comment Re: Oh well (Score 1) 221

I have to admit Iâ(TM)m a discouraged worker. My resume looks like you wanted to win every and all BINGO competitions.

Normal people invest in things that give them a reward. Not pick up a skill because one day it will be useful.

Other people who have more ability to learn than endure boredom get a lot of skills.

But the 5 year humiliation ritual that is fishing for jobs with bots and companies that pretend to hire and have 30 minute interactive systems to extract your data and waste your time are too much of a gauntlet.

I could actually build a heat to light converter easier than I can convince someone in HR that Iâ(TM)m a good worker.

If I had a living wage I could hire someone to do the tasks I donâ(TM)t have the bandwidth to do. Itâ(TM)s called specialization. Apparently only rich shits think their huge minds are valuable and need others to do the simple tasks. Like Elon has the engineers solve the simple âoebuild a robotâ work and he has the glorious âoehey, letâ(TM)s build a robot.â

Anyway, I just have to vent. The super smart people who could solve the worlds problems if given the support know what Iâ(TM)m talking about. Other people who can be motivated to work harder through fear â" they wonâ(TM)t get it. The more the dire consequences involved, the less likely I am to do it.

TL;DR. We built a specialized codependent society and outsourced the boring parts and didnâ(TM)t appreciate them and now it costs too much to get it back.

Comment Re: Oh well (Score 1) 221

Theyâ(TM)ll have to import skilled labor from a country that subsidizes education.

Wait, the Norwegians arenâ(TM)t coming, best we can do is Pakistan?

Someone call ICE so they donâ(TM)tâ" oh damn. Okay, is there another country we can import skilled labor from that we donâ(TM)t have to invest in our people?

Comment Re:Sojust like every other tech growth story (Score 4, Informative) 231

Remember that the West also used direct government money to finance R&D. It's just that it happened decades ago (following WW2 mostly). China is just a few decades late in that game, due to its own history, but is maybe pushing it further instead of letting the market handling it (and we all know the market isn't self-regulating as much as its defenders claim).

Comment Retail investors (Score 4, Insightful) 58

It's not a surprise all of those three are filling for IPO roughly at the same time. As the AI hype is starting to weaken and the bubble is closer to bursting (40% of the S&P500 is about AI investment, an insanely disproportionate share historically), the early investors (which I'm surprised are even mentioned) need to cash in while the companies are overvaluted in order to make money. They'll swoop back in when the share price is at its lowest and reflects more accurately the values of these companies. In the meantime, the retail investors (that is, the general population who are not aware of all this and only listen to the hype of AI and not the economists who say the contrary) will be left holding the bag.

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