Spyke

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‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbot

Nvidia’s most advanced chips, H100s, have been banned from export to China since September 2022 by US sanctions. Nvidia then developed the less powerful H800 chips for the Chinese market, although they were also banned from export to China last October.

I love how in the US they talk about meritocracy, competition being good, blablabla... but they rig the game from the beginning. And even so, people find a way to be better. Fascinating.

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‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader

Now he says he’s the only person on the left who really understands the British economy – and the people who wield the power

Humble, huh?

Stevenson still makes a lot of money trading, which he does “to demonstrate to myself that I’m not insane. A lot of people can say pessimistic things, but not a lot of them can make hundreds of thousands of pounds every year on financial markets. I don’t just say these things; I bet on them. And I make money every year. You can’t do that if you’re not right. If you made every economist who chats shit on the media bet their own personal money on what they’re saying, there’d be a lot less bullshit on the news.”

If he makes money off properties, gold and stocks without realising that that affects the housing crisis, the environment with gold mining, or there's no ethical approach to what kind of companies he gets stocks from... He is still part of the problem. I don't care how much he says he's on the left.

world

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Why more young men in Germany are turning to the far-right

Because capitalism, as a system, is a machine that in the "best" of cases enables fascism, and in the worst it just outrights converts into fascism.

For decades, although nowadays is even more pronounced, young people have been deprived of a decent future in all senses; educational, social, economic, environmentally... At the same time that they were being bombarded, figuratively and literally, with fake news, guilt riddled articles, and a myriad of macho values that they are still supposed to uphold.

These young men worldwide are a byproduct of capitalism and patriarchy, and unless we collectively can do something, they will also become the first disposable pawns in the wars to come.

P.S: Sorry for the dark post, sometimes is difficult to see the brighter side of things.

P.S2: Yes, I also whistled Monty Python's The Life of Brian in my head after typing the first P.S.