Spyke

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Fediverse still going strong and stabilizing

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Aussie.zone is the server that you created your account on, think of it like having a yahoo email address. Some people have Gmail, some have outlook or iCloud, some have their own private domain. It really doesn’t matter too much because everyone can talk to everyone else, generally. Local is just every community hosted on Aussie.zone. All is everyone else and every other community in every other server that Aussie.zone is federated to (hasn’t blocked). Discover ability is certainly a problem and I’ve been here for two years and haven’t figured that out except stumbling on new communities on all just like you. You’ve pretty much got a handle on it it seems, I would just suggest a good client like Voyager to make things more intuitive on touchscreens if that’s what you’re looking for.

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Can't enjoy anything out here

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And while you're at it, remember that BP was formerly named the Anglo Persian Oil Company, which held a commercial monopoly on the oil extraction of Iran. It was majority owned by the british government and served to funnel the oil wealth back to London. When Iran's then democratically elected government wanted to nationalize the company, the UK and US fomented a coup in 1953 and installed a constitutional monarchy with a dictator Shah that would ally with the west. That's why they have F-4 tomcats, and fun fact, he was the one who commissioned mercedes to create the G-Wagon. Eventually resentment against the government would lead to the Iranian revolution in 1979 and the hostage crisis which would create the conditions that lead to today.

fuck_ai

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"So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst...?"

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A massive shedding of stock market wealth that triggers a recession as everyone pulls back on consumer spending since their primary retirement savings have taken a huge dip.

It would hit every good and service in every sector because the entire economy revolves around consumer spending and the consumption of goods and services. If you lose your job then good luck finding anything during a recession, as if it weren’t hard enough already. And you may not lose your job, but your employer would feel the pressure to cut costs and pump revenue. The stock market would take a few years to recover effectively adding another year or two before retirement for some people, which also has workforce implications.

Plenty of other indirect costs to you that filter through wider society and the workforce, even if nothing direct actually happens to you. Like your favorite spots reducing hours or having worse service or raising prices to make up for the drop in demand.

world

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BREAKING: Death toll from US operation in Venezuela has risen to 80, according to New York Times report.

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Yeah this is more like a return to the norm, just more blatant and overt. And even earlier than 100 years, before America was strong enough to reach out into the world and do this to other countries, it was manifest destiny against the indigenous. You won’t find a corner of this planet unmolested by American imperialism, and the hardest hit are still problems that persist to this day.

Whether it’s the Panama Canal, the Monroe doctrine, the Banana republics, or atrocities in Vietnam and Cambodia and Laos. Intervening in civil wars and conflicts that would eventually create Taiwan and South Korea and Israel as American vassal states built with the purpose of serving American interests. Fomenting a coup in Iran over oil which would usher in the Iranian revolution, or smashing Iraq which created a power vacuum for isis to form. Wherever and whenever America reaches out into the world, death and destruction will typically follow. And if it isn’t leaving a shattered and broken state for whoever is left to pick up the pieces, then it’s funding and arming one side of a war to create a satellite state to enrich itself which leaves a conflict ready to reignite at any moment.

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Bernie Sanders floats AOC as potential 2028 presidential contender: ‘Very good politician’

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Because it was 2020 during the height of a botched Covid response and a few months after George Floyd. And Biden barely won. If you do the math, it was about 21,500 people across three states that determined the outcome, where them voting for Trump instead of Biden would have been an electoral tie that would have been decided by Pence. That's a technical margin of 0.012% that Trump electorally lost by.

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Such a lovely, civilized country.

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Unfortunately I think it’s very possible that it’s not. I had a professor in college that somehow managed to have this many tweets back in 2018 or so. I distinctly remember that it was 96k. She wasn’t a great professor, I’m talking 300 level courses that felt like they could have been taught in high school. Probably on account of spending her entire life on twitter.

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we should

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Major League Soccer has been gaining traction for a few years now, teams getting big and rich enough to buy Messi for $150M for 2.5 years, Apple bought the US MLS distribution rights for $2.5B over 10 years, a lot of people stand to make a lot of money. A whole new untapped market for fifa and the teams and advertisers and every company who advertises.

news

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Bank of England warns AI stock bubble rivals 2000 dotcom peak

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Yeah the financial crisis bankrupted the banks themselves. The structural foundation of the financial and banking industries were interconnected to bad mortgages that were distributed into financial instruments everywhere and speculated on like crazy by everyone, because they were mortgages and considered safe like bonds. Part of the reason why companies like GM went bankrupt was because their financial arm was significantly invested in mortgages, banks failed because their entire financial model was centered on mortgage returns, and people defaulted on houses en masse because they were allowed to get mortgages they were never able to afford.

But no one investing in stocks, particularly tech stocks, is doing so without explicitly gambling that money. A lot of venture capital might collapse, retail investors are going to get shit on, the general economy will slow as it does during a recession, but mostly this will play out like the dotcom bubble and be a large asset correction in the stock market. A few years of correction, consolidation of the industry, and everyone will pile onto the next bubble in a decade.

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The circle of life

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It's just managers who have long since abandoned retaining any practical knowledge in the field, if they even had any at all, and pushing what their boss wants to hear and what they have all convinced themselves to be true in the world of management and linkedin lunatics, because that's how you get promoted in management. Because everyone from the top down is all in on AI because those at a high enough level are all chasing a seat at the table of the ownership class holding the keys to the AI kingdom and the stock valuations that come from it.

So if their company or their company's AI model or AI usage makes them an important client of someone that the stock market has deemed important, or if they think their company is the special chosen one that will figure out the secret to AI productivity that none of the other thousands of companies will, that is all that matters. They know nothing about its actual usage, just that more tokens = more usage and therefore must be good, because more usage means their company stock goes up and it that means a bigger golden parachute.

The problem is that either they are genuinely ignorant of the fact that it is a bubble, or they believe that they will be able to time their exit right. The worst part is that a lot of them will, but all the people and the organizational chaos that the burst of the bubble will create that they are knowingly contributing to, well that's some other sucker's problem. And that someone else is everyone, whose power and water bills will go up, whose ram and hard drive prices go up, and whose 401k will tank when the bubble collapses.

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Bank Workers, Rejoice!

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Not who you responded to but it depends entirely on the location. In the northeast there is decent and consistent appreciation and there has been for decades because it has always been populated. But home appreciation over 20, 30, or 50 years will struggle to beat the S&P500. Factor in property taxes and upkeep and you may just barely keep up with inflation. Just from inflation $216k in 06 would be $358k in 2025. As an asset its primary function is being a store of wealth that happens to be the roof on your head, something you can refinance to borrow money, and something to sell basically to pay for whatever you downgrade to when you enter the stage of preparing for death, whether it’s a condo or a nursing home.

All the money to be made comes from buying in bulk and renting out to people who cannot afford because everyone bought to rent out, while local government restricts supply through zoning because it would lower property values of everyone who only had their house as retirement because wages have not kept up with productivity or inflation and pensions and unions have been gutted.

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don't google churchills view on india

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Not before partitioning the country by religion which would kill a few million and displace tens of millions, and which would lead to multiple wars and the violent repression of bangladesh as it sought independence. It would also facilitate the creation of two more nuclear armed states and perpetuate the religious tension and conflict that still persists to this day...

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LibreOffice Leave X/Twitter in favor of Mastodon

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I don’t see how it couldn’t theoretically be done on the user’s end with the right client. Choose a certain feed and the client takes the information shared in the incoming post data like the title, description, community, vote count, and instance. Then isolates each post, classifies it, ranks it based on user preferences stored locally like upvote and downvote history, and the client then chooses the order of posts to show to the user. And if you wanted to go there you could even have a local simple machine learning model creating descriptions of image posts to cover everything.

Granted I actually know nothing about programming, but I don’t think you’d actually be processing that much data if you kept the algorithm simple. All it actually has to do is just choose a ranking based on metrics and keywords and assigned values. It also doesn’t have to achieve maximum retention or have single digit millisecond load time, it just has to give people a customized experience.

The problem is that all this overhead and maintenance would require some form of monetization, like injecting ads into the feed. Something like that has almost no demand right now, because the options we have for sorting are good enough and the people who want custom algorithms don’t know what federation means and aren’t paying. And honestly I think it might be better without it, because personally I don’t want lemmy to go mainstream and am happy with where it is now. I sort by top of the day in All, which basically crowdsources ranking anyways.

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The rich will not like that she said this

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And the hardware providers got a lot of that money from their stock valuation which increased from the last deal they made with the last AI company. And this deal raises the valuation to fund the next deal.

All of these datacenters and the semiconductors inside them are like the housing supply in 2008, assets that exist on paper whose construction was funded by the speculation of future returns of the AI companies, who have yet to turn a profit or come up with any useful revenue generating venture out of their glorified chatbots.

Its only a matter of time before the AI companies run out of investor money without having a source of revenue and profit generation to pay for all this infrastructure, and that's when the bubble pops. However I think we will be waiting for a very long time for that to happen, since the funding ultimately comes from tech companies who have stashed away probably a combined trillion dollars in cash over the last decade. The problem is, that pulls in more than just Nvidia and openAI; by market cap we're talking about a handful of tech giants that make up like 40% of the S&P500.

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Priorities

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I worked the math out to be one person out of 400 shot to death either by murder or suicide every 17.12 years. Definitely not every 21 days, but it is still actually crazy when you think about just how few 400 people is.

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