Victim of Communism

  • 26 Posts
  • 2.44K Comments
Joined 3 years ago
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Cake day: June 14th, 2023

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  • UnderpantsWeevil@lemmy.worldtoTechnology@lemmy.world•*Permanently Deleted*
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    6 days ago

    Everyone knows the collapse of the AI bubble is imminent

    Paul Krugman was predicting the Housing Crash as early as 2004 in his NYT column.

    Everyone knows except the people who are investing billions of dollars into AI and their press.

    The theory of the modern tech industry is that you can simply outrun your problems. Meta/Facebook has done this repeatedly, leaping over multi-billion-dollar failure after failure based entirely on the inertia of their core product growth combined with low interest rates and a bullish long term economic outlook.

    Even in the worst-case scenario, we have such an enormous array of tools to manipulate markets - as demonstrated in 2008 and 2014 and 2020 - that investors are reluctant to sell with a massive federal bailout always on the horizon. And we’re far from the worst-case scenario. '26 Q2 was a historic earnings season. We are in the middle of the biggest bull market in history.








  • UnderpantsWeevil@lemmy.worldtoFediverse@lemmy.world•We can do it again
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    11 days ago

    also don’t want my thoughts and comments to be an income stream for a for-profit organization

    I mean, you’re fooling yourself if you don’t believe Lemmy has been scrapped by a thousand crawlers by now.

    I’m more paranoid about how many accounts are bots than about some data aggregator getting my dumbshit hot takes as training data.






  • I thought the US would never elect a Republican again.

    People said that after Nixon and Reagan. But it all exists in a vacuum. No real consideration of why any Republicans got elected in the first place or who voted for them the first time.

    Also, you’re completely divorced from right wing media. The consumption of this fascist propaganda hasn’t stopped. The production of new fascist IP hasn’t slowed. Consolidation by new fascist business interests hasn’t been disrupted.

    What do you think is going to happen in two years, when Dems are running the House and maybe the Senate? They’ll be getting screamed at by all the fascists who were screaming at them under Obama. It’ll be back to 2008. Twenty years, nothing fundamentally changed


  • Dubba was dumb, but not “rip out USaid” dumb.

    No. He just put the Judges and Stewards Commissioner for the International Arabian Horse Association in charge of FEMA right before one of the worst hurricanes in the nation’s history. Then he put John Bolton, a man even Donald Trump dunked on as a war-mongering idiot asshole, into the position of UN Ambassador. Oh, and he put Scalia - a man who recited 15th century poetry to defend a moratorium on gay marriage - on the SC. Oh, and don’t forget putting Jeff Gannon in the White House press pool.

    most presidents (or at least their cabinets) understood that the laws and institutions of the country

    You are off your fucking rocker if you think Bush 43 either understood or respected the laws and institutions of the country. We were dealing with a Constitutional Crisis every other week during the last two years of his Presidency.

    Go back to Reagan, Nixon, fucking Eisenhower. Nevermind how corrupt and mendacious folks in the LBJ and Carter and Clinton administrations ended up being. It’s all the same shit, different days.

    Trump feels worse because we’re so far removed from the Golden Era of the New Deal that we’ve forgotten politicians can even be “good” in a proper sense. And when even the gritty Cold War jerk-off of the 1980s are a distant memory, we’ve forgotten that we’re all supposed to be playing on the same team even if we don’t like the Head Coach. It’s the naked infighting that makes this modern moment suck so much. Sending gestapo in to drag women by their hair and shoot paramedics in the face is shit you do in Vietnam or Iraq, not LA or Minnesota.

    Trump is Imperialism coming home to the Core. But the policies are as American as Apple Pie.