AI is going to crash the economy. It doesn’t have a business model that pays for itself. Less capacity is being built than is claimed, and companies like Microsoft and Google would essentially have to double their total revenue to cover the AI capex. Read Ed Zitron for a sober detailed take on the state of the AI industry.
Ed is gonna die from a smug overdose when it happens, my man has been calling his shot
Agreed.
Hey guys, let’s give your pensions to a few CEO’s, sounds like a good plan?
Hey guys, let’s liquidate Social Security and invest it all in AI and reap Huuuugee profits!
Yuuuge!
Man with money wants to steal yours to fund a risky bubble? What could possibly go wrong?
Hey its like I been saying for a while now:
Oh you think you have a 401k huh?
That’s cute.
Oh so you guys didn’t give a fuck about China’s superior railway system, their better electric cars, and their other areas where they have on par, or superior tech than we do. But when they have better AI you guys want the country to bend over and get fist fucked.
Get the fuck out of here.
We don’t care about better EVs, we will protect our buggy whip industry at all costs to our own consumers
Then they will cry for a bailout when they inevitably fail. Again.
But when they have better AI you guys want the country to bend over and get fist fucked.
It’s legit infuriating to see the Chinese economy investing in bluesky R&D, which has the long term benefit of better software, cheaper hardware, and more useful technology. All while American politicians insist “We need to build more hand cranks and charcoal fire pits to power our billionaire sponsored CSAM engines!”
All this while US Tech Companies turn increasingly to religious hacks to launder their shitty apps and platforms.
Yep we’re a nation that’s captured by venture capitalists and they are draining the country dry.
The rest of the world should not do business with these vultures.
It could also take $Trillions to make better EVs or solar panels or sneakers than China. Instead of spending $Trillions, just buy Chinese AI, and make them invest in US datacenters. The need for sectoral supremacy is objectively/purely for war against China “value”. This necessitates a skynet goal for military and information/population control supremacy. Neither skynet nor war on China will make your (non corrupt insider) life better.
And there it is folks, the end of the pension plans nationwide.
Go after the few remaining pensions in the US so this blackrock chud can buy another yacht. Guillotine time for sure. The only remaining people who contribute to pensions are teachers, firefighters, public employees who make shit salaries anyway. This guy wants to float their AI adventure on the backs of working people.
Better idea: tax billionaires. They’re the main beneficiaries, they should pay.
Fuck Blackrock.
Why does US feel the need to compete with China? It’s going to play out just like when Soviets tried to keep up with the US spending
Because the oligarchs in the West recognize that their power will vanish once the people stop thinking of China as an enemy and instead objectively compare the quality of life for the average person in the 2 countries
It’s the final Pillaging stage of a society which is almost entirely structured to maximize rent-seeking of the Owner class.
The snake is eating itself.
Simple equation we need trillions you have trillions.
Fucking idiots
Let’s start with law congressional pensions and 3rd party law enforcement contracts, yeah?
