Big IDEAS generator, budding children's author, artist & aspiring entrepreneur. Advocate for LOVE & living in a holistic nurturing respectful compassionate way.
The only way to fight the unethical companies will ironically be with AI though. Nothing in the works will stop the acceleration of these companies, it would be like a gun ban. The masses won't have a fighting chance. What we need is good people pushing for and building ethical open source and locally run AI to keep the power as equal as possible.
Guys, this is so important to understand fully:
The market is being dragged up by only about 10 companies, all AI, all round-tripping revenue, all making outlandish claims of future earnings while producing none of it in real life. They are now actively coordinating public relations messages and cross-sells to each other in order to continue to push the bubble up.
This is extraordinarily dangerous. I’ve not seen this before in my entire career. It’s a bubble that makes the dot-com era look like a pimple in comparison.
Laying the current BS aside, and taking their claims at face value, investors need to realize that we will never get there. Not for a decade or more.
We don’t have the energy infrastructure to provide for the data centers to even get remotely close to the earnings these companies have claimed.
And if they do magically transform our society, somehow, what it will mean to you is far fewer available jobs and much, much higher energy costs.
And yet, they drag the markets up every day. Eight out of 11 sectors, fully 80% of the companies in the index, were DOWN yesterday.
I love my job so much.
Today I got to watch the sun produce incredible streams of plasma throughout the chromosphere, which I photographed in detail using a specially modified telescope.
Our research shows that almost half of 8 to 17-year-olds have been scammed online, this #SaferInternetDay aims to ensure young people aren’t forgotten in conversations about scams online, bringing youth experience and voice to the forefront of this important topic.