I.H.T.S.I.T.Y.S.B.I.T.Y.S.

"basically running a 24/7 no IT loads refused multi-billion dollar burn rate hackathon until it runs out of cash and investors to swindle"

There's a perfect analogy for late stage capitalism in here somewhere

YouTube video by Lesley Riddoch Scotland's Missing Forests: The Great Eco-Conspiracy

www.youtube.com/watch?v=MuTV...

People have just lost all perspective on how much money 4 billion is and so it's all NBD. This probably started with QE.

A trillion here, a trillion there, pretty soon you're talking unreal money.

It's been a self-fulfilling prophesy.

Can people please stop "buying the dip"?!

People seem to have given up on superhero geniuses saving us and now invest all their hope in 3 or 4 fancy chatbots.

YouTube video by How Money Works AI Is Laying Off... Senior Executives

www.youtube.com/watch?v=ozVb...

YouTube video by Politically Depressed A Clockwork Orange and the Myth of German De-Nazification

www.youtube.com/watch?v=DrxK...

my first thought

YouTube video by Richard J Murphy Crypto vs AI — which bubble bursts first?

www.youtube.com/watch?v=9oP9...

Towns may have to be abandoned due to floods with millions more homes in Great Britain at risk Every constituency projected to be at greater risk, with many areas likely to be uninsurable, Guardian investigation finds

www.theguardian.com/environment/...

England sees second worst harvest on record, analysis shows Provisional Government data suggests a much worse harvest than experts had so far predicted.

www.independent.co.uk/climate-chan...

Three of the worst harvests on record have now been seen this decade, with 2020 seeing the worst year and 2024 now bumped into third worst place, the ECIU said.

This is the tech economy rn.

Don't ask what floor it's on!

And then vote for some (even more) terrible political party. That will fix it.

as long as it's not gridiron

i.ytimg.com/vi/uuTkuy9D5...

Technology [noun]
1: An enterprise for finding problems for solutions we didn't need.

Here’s part 2 of our four part Better Offline case against generative AI. I walk you through how NVIDIA funds debt-ridden “neoclouds” all to create vehicles to buy more GPUs - all to cover up the lack of demand for generative AI compute.

podcasts.apple.com/us/podcast/b...
Linktr.ee/betteroffline

Goes great with: journals.sagepub.com/doi/10.1177/...

Lower Artificial Intelligence Literacy Predicts Greater AI Receptivity

thearf-org-unified-admin.s3.amazonaws.com/MSI_Report_2...

I want to sign up but am convinced the bubble will burst before xmas. What do I get for the other 10 months?

YouTube video by Vanessa Wingårdh Companies Are Lying About AI Layoffs - Here’s the Proof

www.youtube.com/watch?v=e-Ec...

OpenAI Needs A Trillion Dollars In The Next Four Years Shortly before publishing this newsletter, I spoke with analyst Gil Luria, Managing Director and Analyst at D.A. Davidson, and asked him whether the capital was there to build the 17 Gigawatts of capa...

Premium newsletter: Based on my estimates and analysis, OpenAI needs one trillion dollars in the next four years to build 17GW of data centers and other commitments, with at least $500 billion needed for company operations. There is not enough capital to do this.

www.wheresyoured.at/openai-onetr...

Most of the PMC global top 10% cannot get their heads around climate chg. For this reason they are investing all their emotional capital in LLMs. That emotional capital and all the consumption that goes with it, seems to be worth many trillions of dollars. So the AI bubble makes total sense.

YouTube video by Eli the Computer Guy NVIDIA Invests $100 Billion in OpenAI -- Artificial Intelligence Fraud Will Destroy USA

www.youtube.com/watch?v=DTOi...

EU chemical firms plan to export rising quantities of ‘toxic’ pesticides, documents show Bloc urged to end ‘unethical double standard’ of allowing sale of products deemed too dangerous for EU farms

www.theguardian.com/environment/...

Why We Need Forests: Their Vital Role in Climate Dynamics, Rain, and The Biotic Pump - The Great Simplification It’s widely known that Earth’s forests provide home to countless numbers of species, act as a vast sink for carbon, and provide much of the food, materials, and clean water on which our societies rely...

Full episode:
www.thegreatsimplification.com/episode/193-...

This is if authors own the copyright, yes?

Ontario Teachers Pension Plan invested this round. Helping to destroy education in the name of asset management. They had to write off $100 million they invested in criminal enterprise FTX. I wonder how much they will lose this time? Probably "10X" as the cool kids like to say these days.