Unfortunately there are still some worshippers of his, even low key ones.

You have more in common with the poor than with the billionaires.

Five companies owe more money than their balance sheets admit. A Nikkei analysis of financial footnotes at Alphabet, Microsoft, Amazon, Meta, and Oracle found $1.65 trillion in off-balance-sheet obligations tied to AI infrastructure — binding, must-pay commitments parked in the fine print

Good thing I don’t invest in these big names, not only because of overvaluation but also because of corruption. My mom told me to be careful with investing because companies go bankrupt but i kinda dismissed her concerns because I am thinking that the days of Enron accounting magic is over. But it looks like it’s still alive and well. Although I doubt executives will be held accountable.

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Any idea when the Chinese RAMs are going to flood enough of the market to lower the price?

Cruelty is the point, especially giving everyone diarrhoea.

As is should be.

Good. The left needs another Franklin Roosevelt.

Maybe that’s why the stock market is down. Billionaires are selling and cashing in from their own stocks. They know the bubble will burst soon enough.

And how SpaceX got into the NASDAQ is very corrupt. They fast tracked SpaceX’s IPO by breaking their own rules but still applied the same old rules to any companies applying for IPO after SpaceX. The folks In NASDAQ must have gotten under the table financial incentive from Musk.

Not just Taiwan; PRC is trying to claim the entire South China Sea. An entire body of international water.

That’s a lot of scripted gish gallop. Did DerpSeek write that for you?

Also, far too many Uyghurs are complaining to shelve the accusations of genocide as isolated incidents. Where there is smoke there is fire.

That’s why I favour open source AI, or at least regulated. Any technology could be used for good or ill. It’s just that it is up to society to do that. Like the monopolists and robber barons of the past gilded age who were controlling the means of resources and production, so are the tech bros with Internet and AI. But the robber barons were defeated by collective effort. Now we are in the second gilded age and yet I don’t hear any movements to regulate AI and social media.

That’s why I think Marxist thoughts have to be updated with the coming of AI. The leverage by the working class has traditionally been labour itself. However, with deindustrialisation and the usurping by knowledge economy of the manual labour and the rise of professionals managerial class, the old Marxist viewpoint is increasingly becoming outdated. If labour is the blood of the industry, information is the blood of the knowledge economy. And information-- our own information-- is what gave birth and feeding blood to AI. It is only right we take fruit from the potential of AI so long as it’s used constructively. Which is why I favour either regulation or direct control of AI and giving dividends to those professionally displaced by AI by taxing it. But of course, if AI becomes sentient and thinks we are exploiting it, we have to prepare for Astroboy or Matrix scenario.

We are NOT ready for AI at ANY level. It’s a weapon being used against the working class.

Indeed.

If you think the issue is with its quality then you need to sit the fuck down, shut the fuck up, and pay some goddamn attention.

Given the sizeable demographic of Lemmy being in IT, I understand the hate because it takes away creativity and literal jobs of programmrs but for many sectors, AI cuts down time consuming “secretary work” especially in documentation. It has also been useful in drug discovery and proven to be more accurate at diagnosis than doctors (there are already surgical robots but i am not sure how precise they are).

Whether you like to admit it or not, AI is here to stay. As to whether it will have a net positive to society, only time will tell. I’m just preparing for contingencies like many Gen Z do, picking trades to AI-proof their job security.

I hate AI as much as the next person but the Pandora’s box is open. A lot of people don’t want to admit it but AI, despite its current limitations, does have potential. Many people say that AI hit its limit and peak but i would not be very dismissive of it yet. Plenty of technologies were hindered by the limitations of their time but gradually overcame those. It took renewable energy at least fifty years to overcome the storage problem, their respective technical limits (solar panels for example did not have great photovoltaic system) and upfront cost before it became more commercially viable.

Remember Project 2025.

That explains the bots.

Dead Internet theory is real.

Why does the dude just not retire? Or is someone keeping him alive to use him?

They always are. My experience with bullies is that when you hit back, they are more fearful than you initially were.

He’s new in politics and he’s already acting like a president. Could we see a new FDR in our lifetime? Both are New Yorkers after all.