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Comment Re: Oof (Score 1) 40

The counterpoint to that is the more stable and prosperous the US is, the more the people of China will want to be like the US, and that is a huge threat to the current power structure in China. They may well not want a total collapse of the US economy, but having it take a big hit and a visible reduction in the standard of living would enhance stability in China, which is the first concern.

Comment Re:Oof (Score 3, Interesting) 40

That may well be the goal of the Chinese government. They can see the multi-trillion dollar bubble as well as anyone, and they can see it's getting close to bursting. A little push at the right time, and it's the 2008 banking collapse all over again, at a time when the US government is nowhere near as able to bail them out, with administration that will try desperately nonetheless.

Comment Re:People want biased news. (Score 4, Insightful) 82

News is a business. And it's not the business of selling news. It's the business of selling advertising. And selling advertising is all about demographics and nothing else.

You want eyeballs to sell to advertisers? You have to attract viewers that match the demographics your advertisers want to advertise to. That means your "news" programs must be echo chambers, telling people what they want to hear, and the most proven method to attract viewers is to peddle FUD via outrage monkeys.

There is no "left wing media" or "right wing media," there's only "Madison Avenue media" who have divided up the demographics they advertise to between them. They people who run the news programs really don't care about politics, because the moment they do, they go bankrupt. It's a dying business, and there's no margin left for personal agendas.

Comment Weasel words (Score 1, Insightful) 154

"AI may become radically more powerful over the next 10 years,"

Or the bubble could burst, with companies already realizing that AI costs more than the employees it replaced.

"This could drive an unprecedented transformation of our economy, larger than the Industrial Revolution, but unfolding over a vastly shorter time frame."

Or the bubble could burst, with companies already realizing that AI costs more than the employees it replaced.

"It could bring risks, including large-scale job displacement, as well as opportunities such as major gains in living standards."

Or the bubble could burst, with companies already realizing that AI costs more than the employees it replaced.

"We must be intentional and make collective, democratic choices, rather than letting market forces play out"

Which is to say, communists advocate for communism, whatever buzzword they call it this week, because the only way they can have expensive toys is to be on the dole.

Comment There is a real issue there (Score 4, Insightful) 120

"A minor child who downloads a software application from an app store agrees to contractual terms of service, "

Which a minor cannot, legally, do. Without the parent agreeing to the terms, there's no enforceable contract.

The counterpoint is, of course, the impossibility of verifying anyone's age online without pissing off a lot of people who really shouldn't be on the internet to begin with.

No good answers, or even good questions.

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