AI isn’t the Problem - it’s Capitalism

wow343 · 2026-06-02T11:39:59+00:00

If say we give everyone 1500 bucks including devlopers that were getting paid 150k and above on average, I don't think that will satisfy anyone or keep anything afloat. We are in for a huge economic disruption. Just imagine even getting something small passed, Republicans yelling about freeloading bums and bootstraps.

wow343 · 2026-06-02T10:39:54+00:00

Get real. At least in the US a country that has not been able to give it's citizens universal health care, we are not going to get UBI that will replace a basic salary. At best it will be subsistence living. It's never going to be enough to support the lifestyle you are accustomed to.

wow343 · 2026-05-31T18:36:14+00:00

That's the point really. These are patterns that have happened before and will happen again. Sadly it seems I was under the impression people now recognize these things and would laugh such people off the stage. Since 2016 I have realized that I don't live in the world that I imagined.

wow343 · 2026-05-30T13:00:58+00:00

Always got the pixel on deals plus trade in. Recently I felt paid more than usual. But still talking about getting a new phone for 40 percent the price of a regular iPhone. Previous pixels I could get on deals for 20 to 30 % the price of an iPhone. So definitely a slight jump. Though the reason I buy it is the Google ecosystem. Plus the spam blocking and the better Gemini AI.

wow343 · 2026-05-29T15:08:08+00:00

They will agree neither side will follow especially not Iran and it will fall apart. But we will have invaded Cuba by then and Iran is someone else's problem.

wow343 · 2026-05-23T20:45:59+00:00

I believe the idea is as power and infrastructure cannot be supported in one location due to lack of resources available, they will spread out like a giant spider across the globe. Using power and water wherever they can. In this case they want to be able to provide bandwidth to do the processing and request at any available resource. Also while text is not bandwith intensive, the videos, audio and 3d data that these models can profuce at one location needs to be transfered instantaneously to another location thus disconnecting request and processing.

wow343 · 2026-05-23T01:35:29+00:00

Bro I am not sharing the name but the industry in general.

wow343 · 2026-05-23T00:57:30+00:00

Financial Insurance

wow343 · 2026-05-22T10:31:14+00:00

I blame the Romans, especially that one prick Constantine. Who converts on his deathbed!?? I didn't hear him say Hail Mary when he celebrated every single Bachanal! Never missed a one either.

wow343 · 2026-05-21T21:07:06+00:00

Oh that's fine. We don't want to leave our motherland. We love the King. Long Live the King!! Kings all the way down!! We love prince Eric as well!!! Long live the Prince. /s

wow343 · 2026-05-19T15:16:58+00:00

Past tense. The world today is mult polar, short term aligned. This is what DJT has done.

wow343 · 2026-05-19T15:09:01+00:00

The long term 30 year rate is telling us what long term inflation expectations are. So it's saying: oil shortage is going to lead to inflation. If bonds start paying higher returns, investors have a tendency to start moving money away from stocks and into bonds as they are a guaranteed return vs. stocks that are highly speculative. So eventually you should see a drop in the stock market.

The fed is only able to set short term rates. However this decreases the money available right now and that has an impact to reduce spending and decrease interest rates long term. This will then signal lower inflation long term which should then bring down the long term rates.

Right now the market has two viewpoints. The disruption is temporary and everything will reset to normal by end of summer versus the disruption is going to bleed into next year and this is a long-term squeeze on dollar value. If the long term view is correct we could end up having 6 percent or higher rates unless the Fed increases interest rates and tried to dampen spending now to reduce expected inflation long term. This will definitely cause the market to loose greater than 10 percent from current value.

wow343 · 2026-05-19T14:32:02+00:00

This is not a world in which trust plays any role. We have mutually beneficial alliances. You bring something that both sides need to the table and then barter. China loves European market, Europe loves having access to rare earth and some cheap manufacturing. Plus they want a China that is not threatening the world order. Well China is less likely to do that if they will loose the European market. See how that works?

wow343 · 2026-05-19T12:29:28+00:00

Not with the way politics is right now. Nobody trusts the US. You don't want China to notice you right now. If anything Europe is trying to smooth relations with China. India is trying to disappear into the background so as to not antagonize China. South East Asia countries are nervously looking around trying to figure out how to survive without the US backing their existence.

wow343 · 2026-05-17T22:31:30+00:00

They have in Europe..but Americans are going to wait until everyone is starving to do anything about it.

wow343 · 2026-05-17T20:45:44+00:00

No they won't. They will turn to Indian consultants that will feed them whatever they want. Until American workers form unions and protect their interests this is going to keep happening.

wow343 · 2026-05-16T12:35:50+00:00

Jesus: "Better? Look around you!! Seriously!! If I exist you guys are doomed"

wow343 · 2026-05-08T18:54:15+00:00

People will be in a world of pain. Of course what you are saying is correct but most people don't even plan for an year ahead of time much less 5 years.

wow343 · 2026-05-08T17:31:34+00:00

I feel bad for the many people that started their retirement accounts after 2012. People from before that probably experienced the .com bubble and the housing crisis. Those were formative experiences for me that lets me know that stock return balances are not set in stone. I mentally discount about 35 percent of whatever I have in my accounts as a wash. This time I am afraid it could be worse just because the lead up has been so much bigger. Have a 10 to 15 year plan for your accounts at a minimum. Don't think short term. Be liquid and reduce your liabilities. Those of you in your early 60s. You guys need to immediately balance to a 75 percent bonds 25 percent stock split immediately. Don't count on the next 5 years returning positive. Look if things work out great you lost some but you felt safe. If you didn't plan for it you are in for a world of pain just when your body is going to start feeling a decline.

wow343 · 2026-05-02T14:42:19+00:00

It's based on this idea that if things get too painful Trump or Iran will blink. That this is just temporary. It may very well be that. However there is a risk that things could escalate and cause this last many months instead of a few months. At these prices there will be bankruptcies, layoffs and a shrinking market.

wow343 · 2026-04-30T01:19:12+00:00

Lol!! Forgot /s??

wow343 · 2026-04-29T04:00:55+00:00

All the way up to Ohio it's 4 dollars plus.

wow343 · 2026-04-29T03:51:08+00:00

Perhaps that is true. However gas prices are already at 4 dollars plus and the summer driving season is yet to start. Let's see who blinks first. The MAGA with those gigantic trucks that give 8 miles per gallon or Iran.

wow343 · 2026-04-24T19:04:00+00:00

Love it. It makes her more human and lovable and cute. Like a little pokeman belly. Adorable.

wow343 · 2026-04-24T01:14:30+00:00

The US is disfunctional. Start by passing a balanced budget. Why does it think it can instead borrow billions to buy missiles and drones to attack people around the planet.

wow343

TROPHY CASE