• 0 Posts
  • 69 Comments
Joined il y a 2 ans
cake
Cake day: 23 août 2023

help-circle
  • It depends on the customer. Microsoft, Google, Amazon all have the revenue to carry the debts they are taking on. Oracle, Chat GPT, Musk and others are waay more sketchy.

    The build out is going to take billions of dollars and these companies aren’t going to see a return for at least 5 years or more. The majors can carry that kind of debt load long term even if AI doesn’t pan out. Other businesses will struggle or go under if AI doesn’t bring the returns.

    The next major movers will be companies that do a lot of IT business consulting like IBM. They are going to be busy helping non IT focused firms incorporate AI into their business model.

    Finally if all these data centers pan out and the US keeps oscillating between shunning Renewables or Fossil fuels every time a new party comes to office we are going to have major problems with our energy infrastructure. Think energy bills as high as your mortgage within the next 5 years. Invest in utilities or energy companies and try to put solar and some kind of storage on your home.















  • I agree I’d rather Trump shit the bed hard and early so we can contain the damage and show the public at large what his policies will really do to them.

    But Tariffs will never be enough to offset income tax completely. I think he is going to use Tariffs to offset renewing his tax cuts for the wealthy. There are a good number of house republicans who will not go along with tax cuts if it increases the deficit. Revenue from tariffs would give him enough cover to placate those Republicans while directly pushing the cost onto US consumers who are primarily lower and middle classes.

    Even after 4 years when he is out of office and the next administration reduces those tariffs and goes back to a progressive tax system. Even reducing those tariffs then will never bring prices down. Companies will never pass those savings entirely to the consumer they will pocket the money and everyone else will be screwed.





  • You’ve described my limited FB experience. After refusing to join FB since the 00s, I joined FB a few years ago to get better access to the Marketplace. (Craigslist has gone to shit).

    I joined a few groups that interested me and then the constant political bombardment started in the more mainstream groups.

    Small niche FB groups are a night and day difference compared to some of the more contemporary groups I’ve seen.

    Bot algorithms definitely target large groups with lots of activity. The resulting increased activity due to algorithms just amplify it further.

    I just try to stick to my smaller groups to avoid all the mess.