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Comment Also, the deal involved a bribe (Score 4, Informative) 77

While Paramount claims they cancelled Colbert as a cost cutting move, that makes no sense since other late night shows on other networks with smaller audiences continue. They must make some sort of financial sense.

It is widely understood, though not provable, that the move was a bribe to Trump in order to get the merger approved. Trump has had a longstanding dislike of Colbert because of his commentary on Trump as a person and as the President.

Comment Re:The bullwhip effect on supply chains (Score 4, Insightful) 62

When is a hard question. Rationally it should never have blown up this much in the first place (some expansion would be rational, but not like we've seen). Clearly the minds driving this are not rational.

Insanity is notoriously hard to predict. That's why short selling is so risky. The market can clearly remain irrational longer than most people can remain solvent when betting against it.

Comment Re:It took about... (Score 1) 59

Actually, the people who forget that seem to be in the business of marketing and press releases. QC has been the apocalypse that would turn the world on it's head breaking crypto left and right in the next 2 years for at least 10 years now. It still can't do prime factorization better or faster than a sixth grader with a pencil and paper. And the sixth grader won't charge as much.

Perhaps it will be useful one day, but not today. It may well take 100 years. Remember about 3 years ago when the size of quantum computers was going to double overnight? And how it went radio silent shortly after? The problem with QC isn't that it will never get here at all, it's the damned hype machine that promised it would be here now.

It's the same hype machine that told us we would be using crypto currency for all of our everyday transactions by now. The same hype machine that claims AI will replace everyone next year.

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Philosophy: A route of many roads leading from nowhere to nothing. -- Ambrose Bierce

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