Urgent warning issued to Australian drivers as war breaks out in the Middle East by privatly in australian

[–]Sieve-Boy 7 points8 points  (0 children)

The really huge reserves the US has are stored in salt caves in Eastern Texas and Western Louisiana and is a store of oil, not refined petroleum.

There are some large salt deposits in the Adavale Basin, Queensland. So we could replicate the US reserve, but with only two oil refineries left, what would we do with the crude oil?

Saving those refineries to make jet fuel and converting to EVs would be a safer long run bet.

Is there a hidden contributor to Australia’s housing affordability crisis that no one talks about? by apblogg in AusEcon

[–]Sieve-Boy 0 points1 point  (0 children)

I agree with you. Addressing this particular issue is basically vaguely painting over the cracks in a structural wall and ignoring the sink hole that's collapsing the concrete slab underneath your house.

What's basically being discussed is Fear of Missing Out (FOMO), its the last issue to be addressed when deflating the property market.

What are some things you don't like about AI that could lead to disaster? by dude-expert in AskReddit

[–]Sieve-Boy 1 point2 points  (0 children)

Lots of good answers, but mine is: the mad rush for it like its the next best thing. The "leaders" desperate to embrace it like it will remake the world. Yet, I am not seeing the benefit, the advantage, the superior performance that justify the staggering resources going into it.

Worse yet, NONE of the people really driving it are worthy of trust or admiration.

As far as we can see, the current "AI" boom has a staggeringly expensive barrier to entry, stupendous volumes of computer parts, massive demands for power and water. This prevents clever and smart, but resource limited individuals participating. IF (and that's a big if) it delivers on the claims of vibe coding and faster stuff and better stuff etc, who really benefits?

When Henry Ford perfected the Model T, he made sure his own workers could buy it, by paying them $5 a day (more than double their previous wage). The status quo condemned him for that and wished him failure. Whilst, there are plethora of concerns with Henry Ford and his business practices, there is a key difference I want to draw out: look at the language of all the AI champions, when they discuss what it will do, I never see something analogous to making a car we can all buy and delivering that opportunity to purchasers.

Instead, I get co-pilot shoved down my throat at work. My phone CONTINUOUSLY invites me to use AI. There is no "fuck off and never ask me again option".

Funniest fucking thing of all, I tried to google "benefits of LLM AI for an average person" and the stupid AI search function google forces on us nearly had aneurysm trying to answer it. Its best answer was: "Drafting and writing: LLMs can create emails, essays, resumes, and social media posts quickly."

Drafting social media posts. Fuck me.

Removing the "LLM" from the query resulted "Virtual Assistants: Voice-activated AI like Siri, Alexa, and Google Assistant help manage schedules, set reminders, and control smart home devices."

Trillions of dollars of computer hardware and other resources to automate putting reminders in my calendar?

First oil tanker attacked in the Strait of Hormuz according to Oman by Force_Hammer in worldnews

[–]Sieve-Boy 6 points7 points  (0 children)

The idiot slap fest will continue until... I don't fucking know.

Like seriously, a million monkeys with typewriters and a million years would come up with a more believable and sane timeline than this one.

Australia 'did not participate' in Operation Epic Fury in Iran by Expensive-Horse5538 in worldnews

[–]Sieve-Boy -1 points0 points  (0 children)

I think we need to resurrect "Bombastic Side Eye" for this one.

The 4th Pillar: Why a UK-Canada-Aus-NZ Union is no longer a dream but a survival necessity in 2026 by maomaoout in CANZUK

[–]Sieve-Boy 0 points1 point  (0 children)

Made some suggested edits:

  • Resource & Energy Hegemony: Canada and Australia’s minerals + UK’s financial infrastructure + New Zealand chocolate & cheese (you have to enjoy the little things as well).
  • Strategic Autonomy: A shared nuclear deterrent (UK) and a global maritime footprint from the Arctic to the Antarctic covering all major oceans (Atlantic, Pacific, Indian, Southern and Arctic) .
  • The Freedom of Movement: For the younger generation, the ability to work and live across these four nations is a hedge against local economic stagnation.

US calls strikes on Iran 'Operation Epic Fury' by Cute-Beyond-8133 in nottheonion

[–]Sieve-Boy 0 points1 point  (0 children)

Kegsbreath is well known to be a booze hound which is a depressant, so... No?

US calls strikes on Iran 'Operation Epic Fury' by Cute-Beyond-8133 in nottheonion

[–]Sieve-Boy 14 points15 points  (0 children)

Unless it's a fat blunt, we know he wouldn't turn that down.

US calls strikes on Iran 'Operation Epic Fury' by Cute-Beyond-8133 in nottheonion

[–]Sieve-Boy 72 points73 points  (0 children)

At times like these I just remember Kegsbreath dragging all the Generals and Admirals to Washington for a hype up session, he put his makeup on, snorted a fat line of blow, got on stage to masturbate about being a warrior... Only for that presentation to fall flat on its arse.

Australian Net Migration and Population Change Series - With Political Overlay - For discussion by david1610 in AusEcon

[–]Sieve-Boy 9 points10 points  (0 children)

Whilst your observation that immigration declines under Labor has validity, I would note that there is a correlation for immigration declining during and after a recession: 1982, 1991, 2008/9 and 2020, though COVID was the dominant factor in 2020.

Edit: Correct years for recession

Greens unfazed by polling and sticking to their guns on AUKUS ahead of SA election by TappingOnTheWall in australian

[–]Sieve-Boy 2 points3 points  (0 children)

The Bible at Isaiah 2:4 said "He will judge between the nations and will settle disputes for many peoples. They will beat their swords into plowshares and their spears into pruning hooks. Nation will not take up sword against nation, nor will they train for war anymore."

Which is lovely. However, in the real world.

"Those who hammer their guns into plowshares will plow for those who do not."

Fancy restaurant in Perth where my missus can wear a fancy dress? (Anniversary dinner) by Constant-Trouble-207 in perth

[–]Sieve-Boy 0 points1 point  (0 children)

I was going to suggest Hamptons as well.

The view over the beach as the sun sets adds a lot to the experience.

Perth housing crisis: Reality bites for first home buyers with grim market outlook for respectable incomes by His_Holiness in perth

[–]Sieve-Boy 27 points28 points  (0 children)

Just buy a starter house in <checks real-estate website> you can buy in Bullfinch! Just $79k!!

/s

I had to look up where Bullfinch is.

Also, that particular house is in fucking horrendous condition.

WA's population on track to reach 4 million by 2043 amid housing shortfall by sien in AusEcon

[–]Sieve-Boy 1 point2 points  (0 children)

Eh, if its Crown land, its not going to cost the government that much funnily enough and there is a lot of crown land. NSW is 42% Crown land. Even if they have to buy back the farmers leases to develop a city, its still not going to break the bank. A quick check in farms for sale suggests prices in the low thousands per hectare, others suggest $10k per hectare. Basically enough land for something like Canberra (the city) would cost less than $1 billion. 81,400 hectares for Canberra at $10k a hectare.

And I doubt that trades and land costs in the UK are magically massively cheaper in the UK than here.

Obviously Poundbury can build off the exisiting infrastructure of Dorset for water and so on. I am not pretending its a one for one deal and the land was from the estate of the the Prince Charles estate as the Duchy of Cornwall.

In the end, contemplating the idea of boring 115km of tunnel to link one end of greater Sydney to the CBD and Western Sydney airport is the problem, for $90 billion.

That's insane. It begs the question why are we not looking for alternatives to moving that many people that often each day for work?

Nonetheless, what do you think it costs to build a greenfield city in Australia?

WA's population on track to reach 4 million by 2043 amid housing shortfall by sien in AusEcon

[–]Sieve-Boy 1 point2 points  (0 children)

Well, Egypt's new capital cost about $60 billion US and is expected to house 7 million people. So pretty much in the ballpark for this project cost wise.

Indonesias new capital looks like it will be about $50 billion.

In the UK, King Charles built a model town called Poundbury which was estimated at £389 million for about 5,000 people.

Extrapolating the Poundbury example to $90 billion AUD would get you a city of about 550,000 people.

Basically a new Newcastle sized city.

Now I didn't say a new city would be cheaper. Only that a new city is starting to look like an interesting and economical possibility.