When the AI bubble pops it’s going to take down the banks.

There is a lot of private credit dollars loaned to data centers and the banks are heavily invested in private credit.

It’s a house of cards priced for perfection just waiting for one of the big 5 to have a slightly off quarter.

I mean it’s Meta, anyone who doesn’t know they already have a dossier on you, has been living in a box for the last 15 years.

They already have. Public Banks are huge investors in the private credit companies that underpin a good amount of the AI bubble.

The Magnificent 7 have been driving the stock markets gains for the last few years. They have also created independent companies to build out the data centers. The debt for these companies is off their books and funded primarily by private credit markets and is underpinned by contracts with the big 7 for data processing once the data center is built.

Projections by the Mag 7 have driven their share increase. So what happens if one or two of the magnificent 7 miss their projections? Well look at Oracle, its stock is tanking because it missed projections.

If the Mag. 7 stock tanks so will your 401ks. When their stock is worth less they will stop plowing money into AI. Suddenly all of the companies with contracts to build the data centers will loose their source of revenue. No revenue and they can’t pay off the loans to private credit. Private credit companies will start to go under and begin to take down the public banking companies that invested in them…

Its a house of cards ready to fall if any of the Mag 7 start to flounder.

Kids who want happy meals drag their parents there. However once they hit 5th grade the allure of the happy meal fades and they usually don’t come back.

Yes, by shoveling investor cash into the generators powering their data centers.

It is part of the grift. Anthropic and OpenAI want to go public and a huge part of their cash burn is compute expense for training new models. (In public filings they claim they are profitable … if you look at their numbers that’s only if you remove their biggest expense which is model training) At the same time they are seeing fewer gains with new frontier models. Some are also claiming the new models aren’t as good as the ones from a year ago and you are loosing your market advantage with frontier models?

What do you do if your largest expense is generating fewer gains and you want to go public? Get the government to regulate it and build a regulatory mote around your industry and freeze your advantage over your competitors while you have it. Cut that expense and go public as a profitable company!

At this point I only want to see regulations well after the AI bubble pops. Don’t take any government stakes in these AI companies as Bernie has argued for (I agree with his stances on most economic matters but he’s off base with this). Let these AI companies burn in the free market they advocate for soo much.

Normally my knee jerk reaction would be against this. But if it helps to drive McDonalds to lose customers in the long run, well…🤔

You can’t have a two party system and a functioning government when one parties parties core ethos is that government doesn’t work and a election isn’t valid if they don’t win.

The only way this ends is in violence.

What is sad is that Trump is an open book. We’ve seen all this happen before.

I never once mentioned “airport” in my post.

You may want to better educate yourself on this subject before responding.

ACLU 100 mile boarder zone

In the US, the boarder is considered anywhere within 100 miles of an international boarder. I.E. Oceans, Lakes that are adjacent to another country and the actual boarder with another country.

Ice agents can setup checkpoints anywhere within this area and search your phone. Since most Americans live near the coasts this “boarder area” covers an 90% of the population.

The proportions of his head is all wrong, and the hat doesn’t lay properly on the back of his head. I’m pretty sure it’s AI.

No

Both statements can be true at the same time. But the scale of one is many times larger.

China’s MO from rare earths and magnets to cars to silicon follows the same plan. Take IP, Subsidize the industry, Research, once you have a monopoly use it to squeeze adversaries.

I will say at least China is willing to kill off underperforming companies.

The US needs to let a lot of legacy companies that aren’t performing die off. It also needs to break up oligopolies in many industries. Why compete when you can buy up the future competitors and set prices with a handful of competitors. The financialization of our economy is choking us.

There has been a ton of stories lately of women targeting ICE agents and getting valuable intel on their operations which they pass along to anti-ice organizations, or working to out them to the public and reveal their identity.

They are basically the same as Hitlers brown shirts but they have the power of the law behind them.

They just need to show up and be violent.

I agree the US would be ungovernable. There are soo many critical infrastructure targets. You could cut off a region and then roll up any loyal fascist forces with hot and run attacks.

But it won’t be easy and it would be very bloody.

I agree with you, but… ICE now has more officers than the FBI and a budget larger than the Marines. I guarantee they aren’t hiring for intelligence…

If shit really hit the fan I’m sure the Republicans will bring in foreign powers such as Israel to back them up militarily.

I like to tell people that if you go left enough, guns are back on the menu…

You can but they may arrive slightly squishy.

The post office changed their provider for air mail a few years ago and they don’t seem to want to give priority to living things and frequently stack heavy items on top of live stock boxes…

Most farms try to source them locally now to avoid killing hundreds of chicks while in transit.

The driver might have been angry that you were being unsafe and he didn’t want to see you hurt or be the one to hurt you.

I can’t tell you how many times I’ve been driving down a unlit road and had to slam on the brakes to avoid hitting someone who was jaywalking and wearing dark clothes. Or seeing kids driving on the road on bikes/e-bikes and being unsafe in traffic.

Some of us just don’t want to see you hurt or be the one to hurt you.