To take a hike and the billionaire backing it just built it anyway and told the town to go fuck themselves.

You can't have billionaires and sovereignty. You can't have that much power in the hands of one person and pretend that you don't have to do what they tell you to do.

I mean I guess you can pretend. But at the end of the day when they say jump you're going to say how high on the way up.

Yeah what scares me about that is it's clearly automatic bots making those picks on the stock market and it really shouldn't be something that can move stock prices that much. I can see a few idiots running bots maybe even a few of the rich assholes doing it but not enough to take a dying shoe store and bump its stock to 127 million.

That's a sign of a fundamentally unsound system that's going to come crashing down soon.

I wouldn't care but every time it crashes it comes down on my head. The entire system is designed to wreck my finances and anyone's finances when they work for a living and leave the top 10% untouched.

It used to be the top 20% was untouched but that number gets smaller every year. Heck it's possible that only the top four or five percent is going to come out unscathed this time around

Genies are fun and good. The djinn are generally malevolent spirits seeking to take advantage of people's greed and gullibility.

Somebody did some math on one of the mega data centers they want to build in Utah and it's the equivalent of dropping 23 atomic bombs in terms of heat output. It's going to basically destroy the local environment.

There's another case of locals telling the data center no and the billionaire funding it just started building it and told them go fuck yourself I'm in charge here.

And there's another data center that guzzled down 30 million gallons of water without telling anyone and now the community has groundwater shortages and might even have serious structural stability issues that come from taking out too much water too fast.

All of this so that a handful of Epstein class members don't have to pay wages.

Because make no mistake that is what this is about. It's about replacing people with machines so the people at the top don't have to pay those of us at the bottom.

I remember when you could add crypto to the name of your company and your stock would shoot up because bots were buying any stock with a crypto in the name. AI has the same bullshit going on.

It sounds like he's just doing basically like a Google search for a news topic. Using Twitter chat as the source to determine what the highest ranking search result is. To limit the amount of searching he's doing and to get attention he's focusing on news stories discussing AI.

There is absolutely nothing new here he's just trying to use an algorithm to pick up popular news stories and display them on his website. And he is limiting the type of news stories to ones that discuss AI.

It sounds like a big thing until you actually stop and think about it. It's still just a shitty aggregator just an automated shitty aggregator...

It's not going to go anywhere as far as people using it but throwing the words AI here and there might get some clueless investors to give him some money. But man this reeks of desperation

Keep in mind there are dozens of other visa and immigration programs that we all just kind of lump under H1B as people who are getting replaced by cheap foreign labor.

If H1B was the only high skilled worker program then it's only about 60,000 people a year and it wouldn't really have much effect. But it's one of dozens of programs to bring in cheap labor.

The frustrating thing is as I pointed out on another comment without influx of immigrants we're going to go into a massive recession just like Japan did for the exact same reason and it's basically a permanent recession. However when those immigrants come here they take a limited number of slots in our society where someone is allowed to be a functioning adult. So you're basically trading social stability for economic recession.

If our economy did wealth redistribution so that the money generated by those immigrants didn't just line the pockets of a handful of Epstein class members this wouldn't be an issue but well, if wishes were horses beggars would ride.

Assuming our civilization survives the AI apocalypse, and I don't mean kill a robots I mean huge amounts of automation creating massive unemployment and leading to conflict in war, then it's a problem we're going to have to deal with anyway though because the entire planet has plummeting birth rates because we demand women into the workforce and women in the workforce don't crank out babies so it's going to be a problem we have to deal with someday but like I said, right now the solution seems to be to give religious lunatics the launch codes for nukes and let the Epstein class members hide out in there bunkers while we kill each other

Look we all know they're h1bs. GM didn't magically get less work to do in it just because they want to save money. There is a little bit of cutting back but most of that has already happened with the people in the EV division that got shit canned. So if they're firing people they are either shipping the jobs overseas which is tough to do because they've already shipped as many jobs overseas as they can or more likely they've got a batch of fresh work visas to replace Americans with.

But the question becomes what are you, me or anyone else going to do about it? And please don't suggest violence it doesn't work. Violence inevitably devolves into right-wing extremism and right wing extremism only benefits the people who are making these decisions and who have private armies to protect themselves from you. After Luigi they all bought a bunch of security and paid for it with money pulled out of your pocket or by laying you off. The only people you can get to are shitty middle managers who didn't actually make any of the decisions involved and they are just as much on the chopping block as you and me.

The real problem here is so far no matter how many of us lose our jobs it does not change how we vote. We still vote for pro corporate establishment candidates. Sometimes we desperately pick a lunatic because they look like they might not be establishment but when we do that they inevitably turn out to be pro-establishment because of course they do.

There are plenty of good candidates that would fix these problems but when we do elect one we never give them enough political capital and power to do anything. Biden was doing some damn good work up there right up until the midterms when the Republican party took over Congress because voters like to hand Congress to whoever isn't in the White House. As soon as that happened everything ground to a halt.

So again this just brings up the question what are you going to actually do about it? Are you going to change how you vote? Are you going to bring up politics and the changes you've made to your voting patterns at Thanksgiving dinner? Are you going to pay more attention to the media you consume so that you're not consuming obvious propaganda? And if you're already doing all this things are you going to make your family do all those things or are you going to go with the flow because it's fun to be the crazy right wing uncle but it is no fun being the crazy left-wing uncle or the crazy pro worker and pro-union uncle or the crazy pro government regulation uncle.

And make everything even worse while I do believe we are going to have to do a moratorium on immigration that's going to drive the whole economy into a massive recession because we don't have the birth rates necessary to sustain our system without immigration and we don't have the will to change our system to account for that.

I don't really have a solution so apologies if I sound like I'm trolling but I'm just bringing up a bunch of completely intractable problems that are completely unsolvable because of how humans work....

And there were probably some history majors who know how rough both industrial revolutions were on working class people.

Do some googling for the phrase "70% middle class jobs automation"

You will find a study that explains how 70% of middle class jobs lost since 1980 got taken by robots. Blue collar workers were the initial Target for automation because they had unionized and replacing them with robots made it possible to break the unions pretty effectively. If you reduce the demand for labor you reduce labor's ability to bargain. Add in outsourcing and you drastically reduce the value of Labor in a society where your entire quality of life is completely determined by either your ability to swindle money out of people or the value of your labor. Or your parents' ability to swindle...

AI is the next big automation push. The Epstein class does not like being dependent on working people. They don't like it that you have power over them and can threaten to withhold your labor. Where you spend your day trying to figure out how to make more money off your labor so you can live a better life they spend their day trying to pay you less so they can live a better life. In their case though a better life is about having the power to tell you what to do and when to do it by threatening to take away your access to food and shelter and medicine...

So getting back to historians during the industrial revolution there was massive amounts of unemployment and social strife we just don't talk about outside of a 200 level history course. High School glosses over it like it was this wonderful thing and there was just a little tiny disruption. In reality you can trace wars to the massive amount of unemployment especially world War II which was most likely ticked off by the 25% unemployment leading into it. To be fair world War I seems to be leftovers of colonialism. But that's a different matter...

We need to be fundamentally changing how we think about work but we're not going to do that because it feels extremely unfair for somebody to have a decent life when they aren't generating millions of dollars worth of revenue. Basically if you're working really hard and you see somebody else who is not working as hard but living okay and the only reason why they aren't working on as hard as you is because they aren't as capable as you that's extremely frustrating. You are better than them and they are happier than you. There is no way I know to get around the knee-jerk reaction that causes and the crabs in a bucket style in fighting that's going to cause.

I suspect what's going to happen is the billionaires are going to retreat into their bunkers and we're going to eventually hand the nuclear launch codes to some crazy lunatics and then it's going to be game over for everyone except possibly a handful of billionaires assuming their bunkers work.

I'm open to alternatives though. But I don't see how you get there from here

There is a huge problem with insider information in sports betting. For example somebody is slightly injured and that hasn't been talked about in public because the person in question can still play just not at 100%. Or there are trades that are being worked on. Or any one of the number of other pieces of information that frankly is to in the weeds for me a non-sports nerd to understand how to use.

The reason you're having a hard time with it is that none of this is really insider information in the stock market sense but the companies here are tricking you into thinking of gambling as if it was a commodities market.

This is because trading in commodities is legal but gambling is not. And with Donald Trump as president you can do all sorts of crazy shenanigans and because the courts are extremely corrupt you can often get away with it. Even if these companies are eventually shut down by the time they are the people involved will have made billions. And it will be tough to shut them down with that much money because the Democrats are the only ones who would do it and they're going to be so busy cleaning up Trump's mess if they ever do get back in power that dealing with illegal gambling houses bankrupting young men is going to be on the list but not at the top of the list.

Why you going to get electric cars is through the Democrat party because they're the ones that are going to push the massive wind and solar build-outs while also restricting AI Data Center build-outs and without doing that you aren't going to have the electricity needed to keep electric cars price competitive with gas cars even with dumbasses starting wars in Iran for no particularly good reason.

Electric cars need super cheap electricity. They also need people who own their own homes and can charge their cars at home mostly. Without those things the economics of an electric car don't work until gas hits about 8 or $10 a gallon and we are probably not going to see that anytime soon.

Like it or not electric cars are a political issue. You can't always technology your way out of a political problem. Ask a politics nerd.

American companies stopped investing in development around the time Bell Labs shut down.

The way development happens in America is that the expensive basic science that doesn't always pay off gets done in public universities. Then those discoveries are privatized and the patents are handed over to private companies after your tax dollars paid to develop them.

Basically the same kind of socialism for the rich, dog eat dog capitalism for you and me that you have come to know and love about America.

But around the year 2000 the Epstein class got really really tired of paying any taxes whatsoever and they began the Slash the budget to higher education. A big part of this was the large influx of cheap foreign labor when India came online because modern telecommunications made it possible to do massive outsourcing while also bringing in a ton of cheap already trained labor.

Basically if you're a billionaire or a want to be billionaire why would you pay taxes for public universities to train local talent when you can have another country pay for all that and poach anybody you need. Again this happened around 2000 because that's when the internet and modern telecommunications really made it possible. Prior to that the logistics just didn't work.

So anyway we cut the university budgets and we started getting fewer and fewer new tech developments. But the thing is that's a pipeline. It usually takes 20 to 40 years for those University developments to really pay off. And they didn't stop entirely of course there was still a bit of money floating around. I mean the Democrat party has gotten in charge a couple of times in the last 30 years...

So what we're basically seeing is the pipeline is going empty and we're running out of the kind of innovations that make it possible for these new companies to just pop up like they used to. Basically you're not really going to see more Tesla's and more big innovation because no private company is ever going to be able to spend that kind of money.

Now is for why they won't or can't spend that you can think Reagan. He allowed stock BuyBacks and that basically starved companies of investment capital because any company that doesn't just take all their cash and use it to do stock BuyBacks cannot maintain stock price where it needs to be to keep investors happy and those investors are basically going to eat the company alive to extract the wealth from it ASAP.

What this all comes down to is all of these social mechanisms that we built up starting with the New deal and going into the Great society have been dismantled and we're just now really starting to feel the effects.

It is going to get so much worse before or if it ever gets better... I just wish I had died before the shit hit the fan but I think I'm going to end up living through some of it.

Dude this is just the subsidies drying up. I mean I guess yeah that is technically market for us but this isn't about making a vehicle people want. The technology isn't there yet. Cost is part of wanting something. Electric cars are still too expensive to make for Mass market competitiveness. That's why Tesla only sticks to the luxury market or at least kind of tries to.

It's actually a huge problem that Tesla debatably caused by focusing entirely on the luxury market. Technology doesn't really trickle down anymore. Companies aren't interested in you as a consumer unless you have gobs of money.. they will service existing markets as needed but nobody is going to spend hundreds of billions of dollars trying to make a cheap electric car. Especially when Tesla has tried a couple of times and failed and miserably.

Or just regular sports betting. The silly stuff gets all the press but in reality it's all just a sports betting platform. It was just a stupid way to get around state regulations using the current incredibly corrupt national government.

It's just up to various forms of insider information. Not trading because this isn't trades this is gambling.

And the supreme Court is completely corrupt. So no attorney general is going to want to risk anything getting anywhere near the supreme Court because you never know when those corrupt assholes are just going to rule that states cannot Levy fines at all.

Basically right now and for the foreseeable future it is open season on consumers. Keep an eye on any elderly relatives you have that you care enough about to potentially be forced to bail out.

Will tell you that there really isn't any growing demand except for Elon musk's own companies wanting to launch more satellites for satellite internet that itself has pretty much maxed out the number of potential users because there's only so many people who don't have access to wired high-speed internet and can afford $100 a month for high-speed internet...

This is hype and people buying in because they are anticipating a bunch of people who can't get in on SpaceX IPOs and are going to want to just buy something related to space.

YouTuber Patrick Boyle has a pretty good video explaining all of this in detail and explaining why the SpaceX IPO is a giant scam that's going to hit the economy like a truck. Most notably the rules of the NASDAQ were changed to allow all sorts of nasty little shenanigans and because of the size of the IPO it basically forces fund managers to buy into it because of how large a percentage of the NASDAQ it becomes.

I don't even know emotionally or intellectually how to process just how bad all this is going to be when it comes down on our heads. And we all know it always comes down on our heads and not the heads of the billionaire Epstein class assholes who made all this happen...