So you are saying I should buy the dip?

The whole Apollo programme was $25 billion .
Boeing spent the best part of a decade and $1 billion trying to build a SST and never flew one prototype. That has to be the definition of trying and failing.

I think the point was that whatever market there was for supersonic passenger aircraft would be served by Concorde as Boeing tried AND FAILED to make a supersonic airliner.
America certainly thought there was a business case for supersonic passenger travel, the 747 was designed with its cockpit up there because they expected to convert them to cargo aircraft once all the passenger market had moved to supersonic aircraft.

There will be another few rounds of this.
Even if the greybeards manage to cobble together guidelines and fixes for AI so that it doesn't make the current crop of design errors before being laid off again, the next version of AI will not work the same way with the guidelines and fixes and will find new ways to make new errors.

"There are lots of extremely successful companies who treat their people right"

Name one.

I understand the mechanics and incentives of the mining enabling the growth of the blockchain, I just think that a few thousand individual nerdy enthusiasts mining on a spare cpu and using bitcoin to pay for goods exchanged within their group (although across geographic and fiscal borders) would have been sustainable. The arms race of speculative mining and the use of bitcoin to do large-scale crime is what has led us to the vast power consumption to enable a comparatively small number of transactions that we see today We just can't have nice things, it seems.

If it had stayed as a quirky, niche little way for a few thousand nerds to exchange value over the internets, it would probably have been quite useful.
It was the rampant speculation that ruined it.

I don't like the sound of these "internal specs" to which the article refers . Does the camera do AI analysis of the user's hemorrhoids?

How shocked?

Ed Zitron completely fails to take into account the four factors which will inevitably lead to massive profitability for the AI firms. These are:
1 Stuff
2 Things
3 Misc
4 Other

This is not just my view, it is the informed opinion of experts in the AI field.

I didn't forget, I lived through it. It didn't flourish.

UK has been in decline, with overpopulation and underinvestment and corruption since the 1950s.
We were told that joining the EU would save us, but the decline continued, then we were told that Brexit would save us, but the decline continued. Now idiots are saying rejoining EU will save us.

I assume the guy picking up the phone was a designer, he is picking up his designer phone in the same way batman picks up his batphone.

It is probably more accurate to say that we live in a society where profit motivates food companies to make their food as addictive as possible, regardless of legality.

"Even Microsoft seems to have gotten the memo that Windows is very inefficient compared to macOS, and they are now working on making their OS less wasteful of hardware resources."

I can believe that Microsoft said they are now working on making their OS less wasteful of hardware resources. I can believe that they will spend billions on meetings, conferences, advertising, announcements, reshuffles, layers of management, pamphlets, t-shirts and FSM-knows what else, but I cannot believe that Microsoft can make Windows less wasteful of hardware resources.