“Computer, why did you do something when I told you not to?”

“My bad. You shouldn’t have trusted me with permissions. You know I am actually not a responsible consciousness right? You could ask me to try undo it but you’re out of tokens.”

The more i read from Varoufakis the more i’m beginning to think he’s really a moron.

If shit isn’t going okay, Western economists have to mentally contort up their own ass: Capitalism would be great if only those mega capitalists would stop doing stuff (that was apparently learnt from Marx).

Now “Planning” is evil too? So capitalists can’t even make plans. Checking your supplies? Bad. Monitoring if there is customer demand? Bad. It’s imitating the Gosplan from the USSR! Markets just magically make decisions without plans in true capitalism. You can’t use an “algorithm”. That would be a form of planning! That’s like Communism (I mean feudalism)!

I am describing the (terrible) microeconomics 101 supply/demand curve that the WaPo business section are contradicting by saying prices going up is good. I am not one of those trad economist nuts. I am just pointing out that they aren’t consistent with their own beliefs.

Competition Society: “I own a house. I knock down your house. Therefore I win!” 🤪

WaPo Business section doesn’t even understand it’s own neoliberal theories:

If every consumer’s prices for things are up, they are going to buy less things! How would THAT help all the businesses make profit?

What’s the cause of the forest degradation they mentioned though?

I assume it’s human intervention of some kind but it’s not clearly stated.

I think this is why the whole West that has pinned their economies to the USD rather than diversifying into BRICS “had” (kilos of salt, please) to immediately capitulate to US demands of Nazism to keep their own economies afloat.

Tech capitalism has hit its limits in the West. AI is the Hail Mary. If it doesn’t pan out, Western tech is going to start declining. The West doesn’t want to integrate with BRICS because they don’t see a dominant role in it for themselves.

Already the West has lost the Chinese AI market because its domestic AI tech is way too good and already too mature. They are just betting they can make back their money off the rest of the world. (My bet is they’re fucked)

My personal prediction:

The AI pop won’t be like any previous event. It could end US tech dominance. Though it will be damaging in real economic terms, it will be difficult to gauge the damage while it is occurring because of the amount of market intervention and statistical manipulation that’s happening right now. This will create a cyberpunk dystopia - the tech economy doing okay on paper while the rest of the economy is really shit. When the government is just propping up the big 7, the remaining economy and people outside the tech sphere will just go downhill financially.

“I had to take a shit” - Claude

So they are addressing the issue of matrix inversion, something that can take a long time to compute depending on the size of the matrix. Though there is an overhead converting to and from analog, the data throughput is not the bottleneck.

Much like the bullshit Ukraine rare earths story awhile back, Australia is not going to fix US supply chains.

If Australia was a competitive replacement, Trump wouldn’t have to lie about all the rare earth deals he’s closed with Xi.

P.S. Trump was saying before the Xi meeting that negotiations would be difficult. Now suddenly it’s all good? I am very doubtful.

Why do they care about easing tariffs if they are neoliberals? China has a monopoly on rare earths. The US has no other source.

For other industries they can appease Trump by offering to build manufacturing in the US which other neolib nations are doing. Some are investing billions into the US.

Then why place the ban in the first place? Why would they oppose anything Trump wants if neoliberals dominate China? They should be giving him gold golf clubs, calling him daddy, defunding all their public infrastructure and letting Amazon and Google take over.

Ask an AI when the bubble will burst 🤪.

🤖: “I am a transformative technology! You can’t think without me anymore! Even if the global economy has a crash causing shockwaves of poverty (which it won’t because I am so inherently good for everyone), I’ll survive like a metaphorical cockroach.”

vision language models such as Gemini 2.5 Pro and GPT 5 are capable of comprehending that we are moving through an environment and are capable of providing instructions for moving to a location from the current position. This means that they can perceive the world, have spatial memory of this world,

This is not correct. They don’t really create a 3D spatial model of the environment. From a 2D input they are just adding higher contexts to that 2D model. E.g. “the cat is in front of the TV” is a relationship mapping between 2 recognised objects. Or the cat is tiny in the image hence probably further from the camera.

We might say similar things about summarising articles. It does extract structures and concepts from text. From there the AI is trained based on giving shitty summaries to a tonne of 3rd world outsourcing data entry employees. They give it various grades (helpful, accurate, conciseness) and the AI analyses the scores and how it made the summary and then tries to give statisticallly more favourable summaries.

Without this human feedback, it isn’t “learning” anything.

There are limits to what AI is good for. Used wrongly, it does more harm than good.

Argentina: “$40B loan! Thank God! What are you going to spend it on?”

Milei: “Shares!”

Argentina: 😖

We can safely say that the productive capacity of China has risen as well. Hence the amount of goods has matched the amount of wages in the system. Goods remain cheap relative to wages because Chinese supply chains can meet the demands.

This is completely unlike examples of hyperinflation where government has injected cash into an economy that does not have the capacity to ramp up production. E.g. printing more money to give to starving welfare recipients doesn’t increase the production of food. Hence inflation.

What’s hilarious about knfrmity’s teacher is the idea that the billionaires are sitting on piles of cash. They own assets. Those aren’t that liquid. Distribution of their wealth would put more assets onto the market, not more cash. Hence it’s not going to be a cause of inflation.

Trump attempting to get leverage to negotiate with Xi at Apec meeting. (Don’t forget seizure of Nexperia). He collects more stupid shitty stuff so he can bargain. This is the Art of the Deal.

I agree we have crossed a threshold. The Rednote moment ended the lecturing. IMO though Western media will come up with other ways of digging in their heels because they are actually part of the problem and not just observers.