I try to respond to every genuine engagement. I block trolls, contrarians, and provocateurs because life is too short.

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Joined 2 years ago
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Cake day: January 29th, 2025

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  • The key source of a lot of data in this report, and the primary source interviewed, is Cotality Data (formerly CoreLogic). They’re a private, yank ‘business intelligence’ company that’s owned by two enormous private equity / venture capitalist firms (Stone Point Capital, and Insight Partners, whom in turn own $170 billion+ worth of financial service and credit companies… Sure seems like they would have a vested interest in saying that home prices going down is a bad thing. So then they bring in another industry financial service analyst (SQM Data) with similar ties… These groups are just being given a mouthpiece to repeat ‘prices low bad. Negative gearing removal bad’.

    Where’s the balance in reporting, ABC?

    Not one mention of the Australian housing affordability crisis.

    “In Sydney, fewer vendors are listing than a year ago, yet total stock is up almost a fifth. That’s a demand problem, not a supply surge.”

    Get fucked, I still see houses where I live sold in under 10 days regularly. The observation of Sydney is just as much a sign that those selling their second or third property are refusing to lower their prices - and can afford to do so. That’s greed. Let them hurt until they have to lower prices to make first home ownership possible for younger generations, that’s the whole point.

    Where’s the counter-points from Grattan Institute or similar? Nowhere to be seen. Nice one, ABC.


  • Dairy whitener is just a colloquial product name. It’s what they call those little UHT creamer cups in India. The article is more about high phosphate levels.

    High phosphate intake over many years leads to hyperphosphatemia - basically, stiff crystals in your heart, arteries, kidneys, etc… Coronary disease, arthroscherosis, etc… Not good.

    Nestle is arguing that they ‘did the test wrong’, but IMO that’s unlikely as they simply sample the milk and check its polyphosphate levels - if it exceeds the standard, its non-compliant. Simple.

    More likely, Nestle is trying to do damage control in the media whole they backchannel some bribes to sweep it under the rug.













  • It’s natural to anthropomorphise the chatbot, but being polite to them legitimises them in your own mind as a more real entity. Essentially, it’s a cognitive trap. Secondly, the AI CEOs love it because they want everyone thinking it’s a real intelligence, and third it’s bad because it burns more power. Every bit of conversational pleasantry is another input that gets tokenised and processed, so it’s just wasting cycles and storage - and AI is predominantly powered by fossil fuels.

    Treat them like what they are: tools, and pretty bad tools at that. Give them precise and minimal instructions - it’s just a computer program.