Tomorrow we'll find out that Jeff Bezos is investing $38 billion in OpenAI.

Remember the good old days when people actually had web sites and just posted this stuff with text explanations and screenshots? You could read the entire thing in under five minutes. Nobody dragging simple stuff out five times longer than it needed to be to get more ads in. We need to bring back the culture of web sites and writing instead of making an unnecessarily long video out of everything.

100 years? It’s only been 25 years since the last tech bubble burst.

DUCKING AUTOCORRECT!!!

I am going to laugh my ass off when this bubble bursts and all the dumbasses who don't know about the sitcom crash lose their shirts. Open AI has the biggest burn rate in history, it can't make enough money to make up for capex, it's funding and spending deals with Microsoft, Nvidia, AMD, and Oracle are circular bullshit, and the big Stargate data center won't have enough reactors to power it for over a decade. This is insane and people dumb enough to buy in deserve to lose their money.

Google canâ(TM)t put them in the USA. There isnâ(TM)t enough power for more huge AI data centers. Indiaâ(TM)s government wonâ(TM)t block solar or wind energy project like Trump will. And they have China getting ready to start building nuclear plants that will be done years before any new ones are built in the USA. Google really has to build the data centers there

Just think of the things Apple might do with this money. Innovations such as:
  Another generation of VR hardware that doesn’t come with controllers to make it useful for VR.
  Adding even more buttons to the iPhone, a device with a touch screen.
  Another generation of headphones that can’t stream lossless audio from Apple’s own phones.

This company is turning into a joke. The C in Tim Cook stands for “Can’t Innovate.”

Huawei’s newest phone has three screens that unfold into a tablet, the OS does everything a desktop OS does, and it has AI integrated throughout. But we can’t have them in the USA because our government shut Huawei out of the market to protect the jobs of Apple’s loser designers and engineers who can’t innovate anymore.

Batteries are about to get significantly less expensive. CATL’s new sodium ion batteries are going into production next year. BDY’s Seagull is already about $11,000 in most of the world. Soon it will be less than $10,000. Huawei and Xiaomi cars won’t be far behind. Of course the USA will keep raising tariffs to protect the losers at Ford, GM, and Stellantis. But in the rest of the world Chinese EVs are going to dominate the market by some time in the 2030s.

China’s energy advantage is huge. All the big tech companies propping up the US stock market need more data centers. Data centers use massive amounts of energy. The US cannot provide that energy. The government won’t let anybody add large scale solar or wind projects. There is a years long wait for the turbines needed in natural gas plants. Nobody even knows how long it will take to build a new nuclear plant in the USA because it hasn’t been done in decades. This means that all those AI companies that need more data centers, all the cloud hosting companies, the social media companies, they’re all going to be unable to grow quickly in the near future because the US cannot provide power. But China has excess capacity, has been bringing new nuclear plants online every eight months for the last decade, will soon be deploying small nuclear reactors that are still years away in the US, and is deploying huge solar projects at a rapid pace. And Chinese companies are even building nuclear plants in other countries. This will allow Chinese tech companies to dominate AI, and other internet services, in all of the BRICS countries, the entire global south, and probably even Europe at some point. By the time the US tech industry finally has the power it needs China will be so far ahead that American business will never catch up.

This is the future of film making. No more $250 million budgets to hire 20 FX houses in 12 countries to make a movie based on tired IP. AI is going to let small budget movies made all over the world compete with the biggest movies from Disney and Warner. This is going to be great in the long run. You know all those sci-fi and fantasy novels that you wished would be a movie but they just never made it past the Hollywood gatekeepers? AI is how those movies will be made.

Congratulations to the DOJ for doing serious damage to one of the most vile criminal enterprises of our time. They hit slavery, fraud, and graft in one fell swoop. At a time when the DOJ is being abused for shameless political vendettas it’s nice to see real good work being done.

Until 90 seconds ago I had forgotten that the AppleTV service exists. And I own an AppleTV. Now it will stay in my mindfor about 24 hours and then I’ll go back to not caring at all.

Those of us who were around for the web 1.0 boom should remember marchFIRST. It was the dotcom enabler with its own VC arm. marchFIRST would get investors to give it money that it invested in startups. Then the startups would use the money to pay marchFIRST for branding services. And web design services. Then backend development. Followed by hosting. Then marchFIRST started over with another bullshit startup. And everybody at marchFIRST was getting bonkers salaries, free lunches, and playing pool at the office with the money skimmed off at each step of the chain. AI companies are doing an even more obvious scam with much more money. The American AI companies, hardware providers, data center companies, etc. are all just bouncing money and phony spending commitments around so they can keep getting paid until the whole house of cards comes tumbling down.