There’s literally no way this goes tits up

Just reminded me of this copypasta:

Don’t even ask the question. The answer is yes, it’s priced in. Think Amazon will beat the next earnings? That’s already been priced in. You work at the drive thru for Mickey D’s and found out that the burgers are made of human meat? Priced in. You think insiders don’t already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil’s expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren’t thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don’t ask such a dumb fucking question again.

Also a lot of these jobs aren’t what you’d previously think of, which contributed to the miscalculation in the first place. Previously, from my understanding, the BLS assumed a company would eventually hire X people, based on previous averages. However, a lot of new companies are just self-employed gig-economy workers who won’t hire.

Anyhow, I’m European, so my insight into that market is somewhat limited. But the signs are there: more consumers defaulting on debt, resulting in stuff like car repos… It’s no coincidence BNPL for small purchases is booming. And with it, so are defaults on them.

This is why I’m so surprised European leaders are so keen on keeping tariffs low, I expect US sales to plummet significantly, especially for goods from Europe as these are typically either essential anyways, or optional and even without tariffs expensive enough to not be purchased during recession. I mean yeah it’s not black and white but you get the point.

The US is in a position that can’t be fixed by monetary policy, lower rates and you create jobs (though in my opinion, most of that money vanishes into speculation nowadays), but then inflation goes up, which continues to be an issue; or do the opposite with opposite effects (jobs go down, inflation slows). I think the latter combined with social programs to soften the blow would be the way to go, but the US has voted for bootstraps instead of helping anyone but the richest.

I suspect this will be worse than 2008, again with a lot of sub prime debt that has been accrued and can no longer be repaid. Just this time, all the substance is gone.

Arbitrage? You mean like borrowing at one rate somewhere and pending it somewhere at a higher rate? Against credit cards? That sounds super dangerous

It couldn’t be more on the nose.

And yet

And they said AI wouldn’t boost business. Who’s laughing now, haters?

The whole thing is just embarrassing. Anyone with a bit of understanding knew that the technology comes with huge risks (after all, there is no understanding, just the imitation of it). Billions have been poured into a glorified autocomplete in one of the biggest corporate FOMOs I can remember. Nvidia is (as much as I hate them, rightfully) laughing all the way to the bank. Crypto and now this allow them to practically buy Intel - back when AMD bought Ati, people speculated it’d be Intel buying Nvidia! Granted, Intel did their part too, but Nvidia selling cards that will be completely outdated in two years in unthinkable amounts is wild. And the best part is, except for them, everyone else lost money, like not even OpenAI themselves are making any, and this is with Microsoft subsidizing them. Absolutely insane!

Oh, this looks really interesting. You only need dedicated CPU cores, but the rest of the hardware can be shared? Better performance than VMs, including Xen? Still some security benefits due to the isolation between kernels? “zero-down kernel update”?

This reads phenomenal, even though I understand it’s just RFC at this point. Let’s see what comes out of it…

Yup because negative consequences weren’t a thing before the guy was shot

since hes now going to be a rallying cry for action against “the left”.

If you haven’t heard any before, you might want to check with your ENT physician.

In the famous of words of John Wick… “Consequences.”

Consequences indeed

When I hear Nazi I think of concentration camps and killing Jews. Kirk was a big supporter of Israel.

Well, Israel didn’t exist when the NSDAP did, so if you apply the literal meaning of each, a Nazi couldn’t support Israel. But fascism was also something that only applied to the party in power in Italy from 1922 to 1945. The terms have somewhat evolved since then; fascism generally meaning authoritarian, ultranationalistic and antiliberal. The same applies to nazism, but usually with some racist ideology with hatred for other religions.

Nah, it’s the same playbook every time. You have dangerous right wing rhetoric justifying violence (as seen in this thread, even by Kirk himself) that leads to political violence and the right is just “this is deserved” (see J6 or the attack on democratic lawmakers), but when it hits themselves, suddenly political violence is the worst and collective pearl-clutching starts. These people have created a dangerous atmosphere that they can’t control and it’s backfiring, there was never an attempt from them to defuse it.

People like Kevin Roberts who threaten revolutions with thinly veiled violence etc… btw my personal theory is that Kirk was shot by a right wing lunatic who was disappointed in Kirk’s 180 on the Epstein files which went from something like “this is the biggest conspiracy in history, never trust the government” to “I trust my friends in the government” over a weekend. They have created an atmosphere of “you need to fight those in power by any means necessary” and now they find themselves in an awkward spot.

Anyhow, everybody in the thread you replied to just did what Kirk ask them to. Not show empathy, not let the victims emotionally hijack the narrative. He made the world a worse place, I don’t know if it’s gonna be better without him but I have no reason to believe otherwise.

I recognize him! He sat on the couch while you picked up the food that I delivered. He seemed like a funny guy

Give him a rest, OK? It was a slow day

Fortunately, it was the imaginary half, dislocated from the real one

Every other doctor agreed

The 4k you find on streaming services can’t really be compared to the 4k you find on Blu-ray. It’s a different league. Turns out bitrate actually matters

Maybe if we curve the TV?

The difference is that tourists are not a somehow disadvantaged group. My livelihood isn’t endangered because I can’t go to a tourist spot in Spain somewhere without being heckled (though, when I actually was in Spain, everyone was nice, but Madrid isn’t that much of a tourist spot compared to others).

Also, in some cases, it isn’t “the rich” – I too love to point out the issues they cause – but sometimes, it’s just ordinary people hoping to make a quick buck buying up property to rent it out on AirBNB. Yes, it’s also rich foreigners getting property everywhere for themselves, which is a problem. But “the rich” don’t bother with AirBNB, they just build hotels, and these normally don’t compete with normal housing.

Raceism, specifically centering around skin colour and related features, is actually pretty recent and pretty Western.

If I may take a guess, it’s also because up until historically recently, larger groups of ethnicities didn’t know that other such groups existed. To be racist, you need to be aware of people you’d clarify as another race

It’s not like homophobia (or, say, racism) is unique to western civilizations.

It’s funny how the bigots insist that only what your birth certificates states is relevant for anything except for when they don’t like what it says.