Striking detail in the big NYT piece on Taiwanese families adjusting to working at the huge new TSMC chip plant in Arizona: their surprise at the lack of rigor in US schools.
And... $CRWV, $NBIS, $IREN, $ORCL etc. Maybe, we are facing the bubble already. I dunno.
The thing is that we can tell about that bubble after the bubble happened.
The golden rule you get as a salesman has always been: "Never badmouth your competitors".
Samsung does not seem to give a s*it.
But Samsung won´t be able to attract more potential customers. Maybe, Samsung should think about more creative ways to attract more customers.
Fuck this Chinese job market.
Young people are getting absolutely fucked. No real opportunities, shit pay that barely covers rent, and you're expected to grind 996 like a dog. Overtime is mandatory, weekends are optional, and if you complain you get replaced by the next desperate grad.
Everyone's killing each other for scraps. Involution is out of control — 300 people fighting for one mediocre position, then the winner gets paid like shit and worked to death. Graduates with master's degrees delivering food or sitting on their parents' couch.
Companies treat you like disposable labor. No raises, no promotions, just more work and the constant threat of being laid off. The economy's trash, private sector is dying, and the only "stable" path is fighting millions for a government job that might not even exist by the time you get it.
It's a fucking meat grinder. Opportunity? What opportunity. Just endless competition and poverty wages.
As the birth rate goes down, the old has more advantages. The left defeating the right is still true. After Seoul and Berlin, Brazil goes left. More countries to follow.
The story of Lula beating Bolsonaro in Brazil is not a story about the left defeating the right
It is about the old defeating the young, the poor defeating the rich, and the state defeating the family
It’s a global revolution, and it’s coming everywhere
The CEO of $AVGO said that capital is the bottleneck. I think @elonmusk with $SPCX and hyperscalers like $GOOG already know it. That´s why they were eager to borrow money "before it is late". There is no capital left for many neolabs and neoclouds.
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.