These Chinese are catching up very quickly on GPUs, RAM, etc.
This would be a massive own goal for the existing incumbents.
These Chinese are catching up very quickly on GPUs, RAM, etc.
This would be a massive own goal for the existing incumbents.
Van Helsuck is what I remembered people calling it.
I'm assuming there must be downtime for maintenance and quality checks.
Oil prices are already plunging.
Supply is about 5 million barrels per day more than demand.
The last bailout was required because the banking system was the artery of the economy.
As irresponsible as they were, they needed to be functional to allow the economy to function.
It is hard to see how the government can afford to bailout the "AI" sector.
It is also not critical to the economy. In fact, you could argue the bubble is costing the economy in terms of opportunity costs, increased energy prices, consumer prices for laptops, hard drives, etc.
My view is while they may want to bailout their tech bros friends, I'm not sure it is possible.
Such innovation
You reckon they will just promise Trump to buy lots of oil but then do nothing like their soybean promise?
People have been playing down Nazi dog whistling so long that Nazis have become emboldened to do Nazi stuff.
Private Equity is finding it increasingly difficult to offload the companies they have taken over.
With some luck, this dickhead will go broke.
The real question is how do you enshittify a product that is already shit?
Yeah, luckily in Australia, we are getting Chinese stuff without massive tariffs.
I see BYD cars everywhere.