It's not gambling when a participant can act on insider information.It's a rigged system.
Are you under the impression that horse races aren't, occasionally, rigged? That the 'insiders' bet based on insights they get from owners, trainers, stable hands, and jockeys?
How is this any different from the outcome at local horse race tracks that offer gambling?
Jensen Huang to college grads: "Run. Don't walk" toward AI
https://www.axios.com/2026/05/...
Nvidia founder and CEO Jensen Huang told graduates at Carnegie Mellon University in Pittsburgh yesterday that demand for AI infrastructure is creating a "once-in-a-generation opportunity to reindustrialize America and restore the nation's capacity to build."
Why it matters: With many college grads fearing AI could obliterate their career dreams, Huang pointed to boundless opportunity as a "new industry is being born. A new era of science and discovery is beginning
Nvidia, which makes AI chips, is the world's most valuable company. Huang told 5,800 recipients of undergraduate and graduate degrees that the AI buildout will require plumbers, electricians, ironworkers, and builders for chip factories, data centers and advanced manufacturing facilities.
"No generation has entered the world with more powerful tools â" or greater opportunities â" than you," he said. "We are all standing at the same starting line. This is your moment to help shape what comes next. So run. Don't walk."
"Every major technological revolution in history created fear alongside opportunity," Huang added. "When society engages technology openly, responsibly, and optimistically, we expand human potential far more than we diminish it."
Full speech: https://www.youtube.com/watch?...
Do these same restrictions apply to hardware stores selling power tools? Guns can be made with those too.
You're looking at Detroit automakers, who have gotten complacent after numerous bailouts, with the rest of the US, where this really isn't happening. For an apples-to-apples comparison:
https://evmagazine.com/news/ho...
It's also noteworthy that the last American car to do as well internationally as the Tesla Model Y was the Ford Model T. It also turns out that Tesla has been reclaiming ground previously lost to BYD, including in China. The Canadian government is currently having to rethink things after Tesla began importing its Chinese made Model 3 Premium, selling it for $29,000 there to take advantage of the fact that Canada elevated China to most favored nation status, virtually eliminating tariffs while benefiting from Chinese labor. Canada's government is anticipating that Tesla will take a majority of the import cap before BYD has a chance to sell anything at all, which isn't sitting well with them.
Nah I'm pretty sure this is him:
Those are just the analysts that you cherry-picked. Here's why you picked poorly:
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...
Your "analysts" have been saying this since Starlink was at 2 million active terminals. And the simple reason for that is basically this: It isn't a simple matter of "do you have access to wired internet?", chiefly because a lot of that wired internet is basically dogshit. Before Starlink, slashdot routinely ran pieces about how cable ISPs wouldn't serve areas that they told the FCC that they served, basically to prevent funding going towards rival broadband services, especially fiber, and somebody would have to pay insane prices just to get the last mile connection added where the ISP already said it was. These guys always had DSL access, but it was crap. Even when these guys have cable, it's still usually crap.
More importantly though, for their claims to be accurate, then we should have already seen Starlink's growth stagnate by now. But as a matter of fact, exactly the opposite has been happening:
https://www.reuters.com/busine...
Another critical thing you're missing is that Starlink isn't done increasing its total aggregate bandwidth. Not even close, really. You're also assuming that the demand for Starlink only exists for residential broadband, which is also a very bad assumption.
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.
This article is about Rocket Lab, who is seeing increased demand just for launch services, and only launch services. That isn't hype, it's actual growth in a market that basically didn't exist until about 8 years ago.
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.
That isn't what he said, moreover, he's working under the assumption that there will be no more significant growth in all things related to space. He could be right, he could be wrong. Prior to podcasting, he was a hedge fund manager. I don't know about his record in particular, but hedge fund managers are notorious for underperforming indexes, especially the S&P.
Most notably the rules of the NASDAQ were changed to allow all sorts of nasty little shenanigans
He's talking about the NASDAQ-100 index fund, not the NASDAQ exchange. S&P-500 is making a similar rule change. The people who run these indexes, aka index providers, don't make their decisions on a whim, rather they're quite calculated. In fact, people like Patrick Doyle pay these guys big money just to have access to the decisions that they make, which is exactly how S&P makes its money. Maybe he's got better ideas about how they'll perform than the S&P does, but people who say they do...rarely ever do. As for whether this rule change is right or wrong, I have no idea, but the fact that two indices are doing it suggests that it could be the right call.
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...
This is exactly the problem you're having: Your decision-making is entirely based on emotion. You clearly don't even understand about 75% of what you're talking about, rather you're just listening to whatever it is you want to hear while pretending the rest either doesn't exist or is "fake news". People who invest this way lose their money. Your emotion in this case is likely focused squarely on Elon, so for example, you're probably not aware (or just plain denying) that Tesla has gained EV market share in the US, China, and broadly in Europe over the last year. Sales in the US are down, largely due to the loss of tax incentives, but Tesla still remains quite profitable even here. Is the stock overvalued? Without a doubt. But that doesn't change the fact that your nonstop shouting about Tesla not being able to profit without the government incentives, which probably came from some of your cherry-picked analysts, has already proven to be very wrong, and the numbers reflect that. If you were betting actual money against Tesla, again based on emotion, you would have lost this particular bet.
I started at $145k (which by the way, I only asked for $130k, and they countered with $145k, go figure) back in 2022 for just the base salary. Shares pushed that up to $209k. But just only thinking about base pay, $145k in 2022 dollars translates to roughly $163k today. Nevertheless, base pay has since risen to $175k, which is well ahead of the rate of inflation. The actual amount on my W2 has since risen basically on an exponential curve, due to the RSUs appreciating in value. Which is unfortunate, because if I had known then what I know now, I would have chosen stock options instead of RSUs, and kept my W2 income as low as possible.
If I wanted to, I could transfer to Texas and gain a bonus on top of my existing base pay. The real estate out there is dirt cheap, making it a real win financially, but the land in Texas is so...desolate... Florida is my top choice, and I think I can finally get it, but haven't seized the opportunity yet because I still need to stay in LA for the time being, entirely because of its (relatively close) proximity to Phoenix.
Regardless, there are plenty of opportunities well beyond the LA/SF/NYC/Seattle regions. The real question, as always, remains: What do you bring to the table?
I think it's both. I've personally gotten a lot of use out of claude recently just for quickly getting started with somebody else's code (we weren't even allowed to use it a month ago even if we wanted to, which I didn't until I was specifically asked to use it.) E.g. ask it a question like "where is X done?" or "where should start for working on Y?". I don't ask it to make any direct changes. Basically the kind of stuff you do with a knowledge transfer, only you don't have access to the original developer(s) to do pair coding with (in this case, an open source library that I needed to modify) I think it's quite good for that.
Once I asked it to look for possible optimizations that I may have missed in a custom lz77 implementation I wrote, and it made a bunch of changes, only one of them actually made sense and yielded a tiny speed increase. The rest of them were just "this might make more sense" type of changes that actually broke the implementation (made it incompatible) without improving anything. For example, it reversed the order of the mask bits in each mask byte from right to left, to left to right, which is just dumb when the whole point of right to left was specifically for compatibility, and doesn't do a god damn thing to make the code run any faster. Still has a ways to go for making code changes IMO.
I can't speak for all of these companies, but in the case of Amazon, I think this is why management wants it:
Perhaps you should try Canada.
The nice thing about standards is that there are so many of them to choose from. -- Andrew S. Tanenbaum
