Newt Kleb

[Newt Kleb @newtkleb]

I know it doesn’t matter but breadth is terrible. Any sort of movement down could cascade into a crash. Add on margin calls and it’s not looking great

[Newt Kleb @newtkleb]

@FinanceLancelot “Back to normal”

[Newt Kleb @newtkleb]

@MamonoWorld Do NOT go down the path with the tangled tree roots

[Newt Kleb @newtkleb]

@tradfi And this is coming from them so it’s optimistic, everybody

[Newt Kleb @newtkleb]

@rdd147 And also, if you try to tell nvda you don’t need any more chips, the head of the chips mafia (Jensen) will make sure you never see a Nvda chip again

[Newt Kleb @newtkleb]

@michaelsikand Everyone a genius in a bull market

[Newt Kleb @newtkleb]

@exposurerisk What's so funny?

[Airmass @The_Airmass]

The pattern goes back thousands of years: a new technology arrives, and critics predict it will destroy jobs, damage people’s minds, corrupt society, or make humanity obsolete. This is a recurring technology panic. A few examples:

Writing: In Plato’s Phaedrus, he argues that writing would weaken memory and give people the appearance of knowledge without genuine understanding.

Printing Press: It was argued that printing threatened the spiritual discipline of copying and that printed paper books would be less durable than parchment manuscripts.

Novels: Critics warned of reading mania, addiction, immoral behavior, and young people becoming detached from real life.

Industrial machinery: Workers feared machines and cheap labor would destroy their livelihoods. They smashed machinery during the early 1800s.

Railways: Reports linked train travel with railway madness: the idea that the motion and sensory disturbance of a journey could trigger insanity or violent behavior.

Telephone: People argued it would undermine personal visits, disrupt home life, and encourage laziness. Preachers were calling it an instrument of the devil.

Electricity: Alternating current was portrayed as dangerously lethal, public animal electrocutions helped dramatize the danger.

Automobiles: People feared speeding cars would make streets intolerably dangerous. Thousands of people petitioned to require devices limiting cars to 25 mph.

Recorded music: People warned that recordings would replace human musical skill and undermine people’s willingness to sing and play instruments.

Aircraft: People depicted aerial warfare bringing down civilization.

Radio: Critics feared addiction, nervousness, disturbed sleep, and damage to children.

Television: Critics warned that televised violence and sexual content would corrupt children and encourage aggression.

Computers: Machines were expected to eliminate work faster than the economy could create it. Concern was serious enough for President Johnson to establish a national commission in 1964.

Internet: Critics predicted shallow thinking, weakened concentration, social fragmentation, and intellectual decline.

Large hadron collider: Opponents feared particle collisions could create dangerous black holes or other phenomena that would destroy Earth.

And more. You read this now and wonder how anyone could have been that fucking stupid. Then you open X and watch people explain how AI will end humanity, with the absolute confidence of someone who thinks he’s the first person in history to be frightened by an invention. My bet is our grandchildren will read today’s AI hysteria and have exactly the same reaction. The funniest part is you’re using a computer to warn everyone about the next computer. Dumb motherf*ckers.

[Newt Kleb @newtkleb]

@waitbutwhy Oh you mean read enough about AI published by AI companies whose sole purpose is to push their book and the doomer narrative? Interesting.

[Newt Kleb @newtkleb]

@FAmmiranteTFJ "Yeah so you're gonna want to take a look at Justin Fields. 38 points against the Steelers. some nice throws. Buy all the Jets you can."

[Newt Kleb @newtkleb]

@Guttas_ Just let them run their victory laps

[Newt Kleb @newtkleb]

@UWSquints Are people too lazy to do photoshop these days? Gotta use AI for something they can do themselves and it looks better?

[Newt Kleb @newtkleb]

@OddStats What about the current sigma move on QQQ?

[Newt Kleb @newtkleb]

@P_Remarks This picture looks like shit!!

[Newt Kleb @newtkleb]

@IxAMxLAMBO @DrJesseMorse Still laughing?

[Newt Kleb @newtkleb]

@mikeruz_ @DrJesseMorse I bet u feel stupid now

[Newt Kleb @newtkleb]

The only way to get you people to shut the fuck up about AI killing us is for the market to crash. Once the capital goes, and you see how delusional some of you have been, then you’ll see how far blown out of proportion this all is. We’re not on earth right now, we’re in the fucking andromeda galaxy

[Newt Kleb @newtkleb]

All these AI companies are burning trillions racing towards the first model that won’t believe you when you tell it you’re a fish. May the best man win.

[Newt Kleb @newtkleb]

@rdd147 These people should be in prison, starting with Jensen. But Intrator is not far behind

[Newt Kleb @newtkleb]

@zackwaxx Running victory laps after week 1 is always a smart decision