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RandAlThor

@ RandAlThor @lemmy.ca

Posts
1800
Comments
445
Joined
3 yr. ago

  • US-based multinational companies will be exempt from global tax deal

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  • Man the whole world needs to stand up to Trump and US.

  • Trump Says Maduro Captured After US Airstrikes Hit Venezuela

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  • This is what Putin wants. Putin's puppet is doing exactly what it's master commands. A world where great powers disregard everyone's sovereignty.

  • Trump Says Maduro Captured After US Airstrikes Hit Venezuela

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  • This is a disgusting lawless action by a convicted felon who deserves to face trial for war crimes.

  • Live Cross-Canada New Years Countdown | CBC

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  • Happy new year everyone!

  • Canada's population drops as country caps immigration

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  • I absolutely agree with you there. We need immigration, but it has to be controlled so that wages can climb to a reasonable level.

  • Canada's population drops as country caps immigration

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  • Good. We need to figure out increasing housing supply issue before increasing the "gray" immigration from these two sources.

  • Man shot ‘multiple times’ and killed by police at Danforth GO station: SIU investigating

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  • Yikes! Is this the first police shooting death this year?

  • Elon Musk’s Grok Says It Would Kill Every Jewish Person on the Planet to Save Him

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  • Musk is spending BILLIONS for this? LMAO.

  • Trump’s $2 Trillion Plan to Cash in on Ukraine ‘Peace’ Leaks

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  • Corruption is ingrained in former Soviets.

  • College freshman is deported flying home for Thanksgiving surprise, despite court order

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  • Heartless cunts.

  • 'International incident': 'Terrifying standoff' as US troops mistakenly invade Mexico

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  • In this day and age of GPS, there's no excuse for them to be in another FREAKIN COUNTRY. Just complete morons.

  • The rich will not like that she said this

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  • Personal insults really indicate you know just how gravely ignorant and wrong you are. your entire conclusions based on false premises just don't stand. Don't let your feelings get in the way of FACTS. You can be better than this. Make that choice.

  • Screw it, I’m installing Linux

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  • It'll just be used for browsing office work so sounds like it'll be fine.

  • Screw it, I’m installing Linux

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  • It's thinkpad T420. Is it powerful enough for Cinnamon?

  • Screw it, I’m installing Linux

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  • What's the easiest and most secure linux distro for a non-techie? This is for a spare thinkpad I want to try linux on.

  • Ocasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Grow

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  • AOC is right, if AI bubble burst, companies shouldn't be bailed out. I want to remind people that not ALL bubble bursts have resulted in bail outs. When the dot-com burst, there were no bailouts. There was a short recession of 8 months, and the rest of the world continued on in its aftermath. When the commodities bubble burst, in the 2000s there was no bail out. When the housing bubble burst, there was bailout because banks had lent too much money into the housing bubble. If banks fail, there would be bank runs, and that contagion would have spread everywhere and the entire financial system would have collapsed. Currently, there are no bank debts nor bonds being issued to spend billions on AI data centers. The danger will be when leverage is used to fund these trillion-dollar outlays. Currently there is very little debt tied to AI bubble. Most of the AI spending is coming from the humongous tech companies with loads of cash on hand and with fat profit margins who are plowing it all into AI data centers. When it does go bust, their valuations will deflate but the business will still remain. Watch for use of leverage or debt in AI. Once it enters the equation, that's where the systemic risk will begin to tick up.

  • The rich will not like that she said this

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  • and triggered a recession that lasted most of a decade.

    FALSE. Fake news. Please check your economic data before making a comment like that. Which fake news website did you go to that said there was a recession that lasted a decade because of the dotcom bubble? The recession after dot-com bubble burst lasted 8 months. Last time I checked, 8 months isn't "a decade".

    https://www.statista.com/statistics/1317029/us-recession-lengths-historical/?srsltid=AfmBOopNMYMMzh1y-_9PQimpVxSgbtENJypnX-Rf4E-d0PkGFsU1Wqsr

  • The rich will not like that she said this

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  • Let me just correct one thing here - market cap is NOT the same as GDP. One measures valuation of a company while GDP measures OUTPUT of an economy which includes output of a company. US GDP does NOT measure the MARKET VALUE of the US as a whole. Yes the market caps of the big companies are ridiculous. Of the magnificant seven all of which are HUGELY PROFITABLE, only one is wholly dependent on AI bubble. When their valuation crashes, it's not going to stop the world economy. They will still keep making chips like they used to. Because we still need chips post bubble yes? Yes.

  • The rich will not like that she said this

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  • But their failure to make good on their IOUs to other companies that went into deep debts on their assumption of repayment,

    Which companies have gone into massive debt in order to produce goods for Open AI? As far as I know the biggest supplier to Open AI is Nvidia and Nvidia is spewing cash machine. There are some small data center companies that they have made contracts with but those aren't big enough to bring down banks the way housing bubble threatened to.