Lmst

AI Bubble Update:

https://www.businessinsider.com/big-short-michael-burry-stock-marekt-bubble-openai-nvidia-2025-12

#OpenAI #Nvidia #MichaelBurry #AIBubble #ChatGPT #TechBros #SiliconValley

"Social media billionaires have enough power to prevent us from protecting our own children. They have enough power to dictate U.S. foreign policy, punishing our erstwhile allies for daring to limit their ability to push their product.

America has, in practice, become a digital narco-state."

#Trump #Europe #NSS #NATO #Russia #Putin #racism #WhiteSupremacy #immigration #techbros #broligarchy #SiliconValley #ElonMusk
/8

Paul Krugman notes the role that the techbro broligarchy of Silicon Valley is playing in tearing up the post-WWII world order and the US-Europe alliance, and why this is being done:

"A secondary source of anti-Europe sentiment, however, is the tech broligarchy’s fury at the European Union’s Digital Services Act."

#Trump #Europe #NSS #NATO #Russia #Putin #racism #WhiteSupremacy #immigration #techbros #broligarchy #SiliconValley #ElonMusk
/7

https://paulkrugman.substack.com/p/america-has-become-a-digital-narco

It started as a meetup in a garage with people trying to understand computers. Among the regulars were Steve Jobs, Steve Wozniak, Lee Felsenstein, Bob Marsh. They didn't know that the Homebrew Computer Club would change the world.

#computing #SiliconValley

https://negativepid.blog/the-homebrew-computer-club/
https://negativepid.blog/the-homebrew-computer-club/

the stock market in 2025 officially prefers companies with no revenue to companies that actually have revenue.

#stockmarket #uspol #economics #mag7 #nvidia #MSFT #GOOG #aapl #SiliconValley

A divided US market: tech companies with no revenues or profits are flying, as are the Mag-7. The rest are left in the shade

Average YTD performance of companies in each category, price return %
Nasdaq no revenues 41%
Mag7 24%
Nasdaq unprofitable 21%
Unprofitable small caps 17%
Nasdaq with revenue 11%
S&P 493 7%
Profitable Nasdaq 6%

Palantir, Dominio dei Dati e Trionfo a Wall Street. L'Occhio che Tutto Vede, Palantir tra Dominio dei Dati, Guerre Ibride e il Trionfo a Wall Street. Dalle ceneri dell'11 settembre ai vertici dell'S&P 500: viaggio nell'azienda più enigmatica della Silicon Valley che, grazie all'AI e a un'alleanza strategica con Nvidia, sta ridisegnando gli equilibri di potere

https://scienzamagia.eu/world-wide-web/palantir-dominio-dei-dati-e-trionfo-a-wall-street/

#BlackBox #Foundry #GDPR #intelligence #nVidia #PalantirTechnologies #PLTR #SP500 #SiliconValley #SupremaziaAI

generata AI titolo Palantir quotato a wall street

NBC News: At AI’s biggest gathering, its inner workings remain a mystery. “For the past week, academics, startup founders and researchers representing industrial titans from around the globe descended on sunny San Diego for the top gathering in the field of artificial intelligence. The Neural Information Processing Systems, or NeurIPS, conference has been held for 39 years, but it drew a […]

https://rbfirehose.com/2025/12/09/nbc-news-at-ais-biggest-gathering-its-inner-workings-remain-a-mystery/

"For proponents, the initiatives offer the opportunity to address all that they believe has caused a decline in American dynamism, from monetary policy to taxation. San Francisco, in particular, has for years been affected by high levels of homelessness and crime, prompting an exodus of tech workers during Covid.

“It’s young people being dissatisfied with stagnation, corruption and isolation,” says Amjad Masad, chief executive of AI coding company Replit, who has observed the rise of the network state movement. Last year, he moved Replit to Foster City — a master-planned city built in the 1960s on marshlands near Silicon Valley — to escape what he described as the “suffering on the streets” of San Francisco. “Young people are clearly yearning to discover new ways of living and building through technology,” he adds.

But the movement’s toughest critics — of whom there is no short supply — cast it as either a bid to play god or an attempt to avoid red tape, more opportunistic than idealistic. Others argue it is part of a broader rise in techno-fascism, or a form of authoritarian rule by technocrats. Either way, they assert, the movement is born from an elite victim complex.

Thiel, who has a net worth of $27bn and is one of the biggest funders of the space, gave a series of Manichaean lectures in recent weeks about the “Antichrist”. In between arguing that AI sceptics and Greta Thunberg were Satan, he complained that wealth gives the “illusion of power and autonomy but you have this sense it could be taken away at any moment”.

“Can you imagine being that rich and that miserable?” says Olivier Jutel, a lecturer at the University of Otago in New Zealand and an expert in cyberlibertarianism. “They think they are the grand solutionists that can fix all the problems, but it’s so insular. But just because it’s stupid doesn’t mean it won’t inherit the Earth.”"

https://www.ft.com/content/b127ee7a-5ac4-4730-a395-c9f9619615c7?shareType=nongift

#Cyberlibertarianism #SiliconValley #NetworkStates #Technocracy #Technofeudalism

https://paulkrugman.substack.com/p/is-this-the-end-of-the-free-world. #America has, in truth, never been Ronald Reagan's "shining city on the hill" - but #Americans have believed the myth that it was, & it is this exceptionalism that has provided the soil for the evil weed of #MAGA to grow. Now, as Paul Krugman points out, Donald #Trump & his followers want their vile ideology to conquer #Europe, with plentiful support from Vladimir #Putin (he fails to mention Putin's role) & #SiliconValley.

Apple is under pressure as reports suggest chip design chief Johny Srouji may exit, adding to recent executive departures and raising concerns over leadership stability and Apple’s slow progress in the AI race.

#Apple #AI #TechNews #LeadershipCrisis #SiliconValley #BigTech #AppleIntelligence #Innovation #ExecutiveExit #TECHi

Read Full Article Here :- https://www.techi.com/apple-chip-chief-johny-srouji-exit/

Gizmodo: Musk, Bezos, and Zuckerberg Are Full of Shit (Literally) in New Art Exhibit. “The latest work of the artist Beeple, best known for selling a piece of NFT artwork to some poor schmuck for $69 million at the height of that craze, has attached the heads of the billionaires and some other notable figures to the bodies of robot dogs who aimlessly walk around and take pictures that are […]

https://rbfirehose.com/2025/12/08/gizmodo-musk-bezos-and-zuckerberg-are-full-of-shit-literally-in-new-art-exhibit/

Gizmodo: Looks Like We Can Finally Kiss the Metaverse Goodbye. “According to a report from Bloomberg, Meta is expected to slash its Reality Labs budget, shaving off as much as 30%. Those cuts may be imminent, too, arriving as soon as January as Meta prepares its budget for the new calendar year.”

https://rbfirehose.com/2025/12/08/gizmodo-looks-like-we-can-finally-kiss-the-metaverse-goodbye/

Ars Technica: Microsoft drops AI sales targets in half after salespeople miss their quotas. “Microsoft has lowered sales growth targets for its AI agent products after many salespeople missed their quotas in the fiscal year ending in June, according to a report Wednesday from The Information. The adjustment is reportedly unusual for Microsoft, and it comes after the company missed a number of […]

https://rbfirehose.com/2025/12/08/ars-technica-microsoft-drops-ai-sales-targets-in-half-after-salespeople-miss-their-quotas/

Associated Press: Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids. “Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users.”

https://rbfirehose.com/2025/12/08/associated-press-massachusetts-court-hears-arguments-in-lawsuit-alleging-meta-designed-apps-to-be-addictive-to-kids/

Tom’s Hardware: IBM CEO warns that ongoing trillion-dollar AI data center buildout is unsustainable — says there is ‘no way’ that infrastructure costs can turn a profit . “IBM CEO Arvind Krishna used an appearance on The Verge’s Decoder podcast to question whether the capital spending now underway in pursuit of AGI can ever pay for itself. Krishna said today’s figures for constructing and […]

https://rbfirehose.com/2025/12/07/toms-hardware-ibm-ceo-warns-that-ongoing-trillion-dollar-ai-data-center-buildout-is-unsustainable-says-there-is-no-way-that-infrastructure-costs-can-turn-a-profit/

Reuters: EU hits Meta with antitrust probe over plans to block AI rivals from WhatsApp. “EU regulators launched an antitrust investigation into Meta Platforms on Thursday and may even temporarily halt its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, hardening Europe’s already tough stance on Big Tech.”

https://rbfirehose.com/2025/12/07/reuters-eu-hits-meta-with-antitrust-probe-over-plans-to-block-ai-rivals-from-whatsapp/

Engadget: Raspberry Pi raises prices, thanks to AI. “The Raspberry Pi 4 and 5 modules are shooting up by $5 to $25, depending on the model and the included amount of RAM. The 16GB memory variants of the Compute Module 5 are going up by $20 and now start at $140. This is a bummer and we know who to thank. It’s the ultimate memory hog of all time, the AI industry.”

https://rbfirehose.com/2025/12/07/engadget-raspberry-pi-raises-prices-thanks-to-ai/