Joe
653 posts
God I hate this shit. ‘His enemies called him a communist, but actually, he was into hecking cool social Catholicism’
Same thing about those who describe the British Labour Party historically as ‘more Methodist than Marxist’ (that’s why it sucks)
The Tom mentioned is Tom Uren.
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@rejectHisDesign Thank you. I meant AI specifically in the context of central planning.
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@19Joeyo The technology of computers? What couldn't they be used for if we collectively put our minds towards making things better instead of exploiting each other? Impossible question to even begin to answer in this medium. Especially BC I can't type on a phone for love or money
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One of the first things you learn in computer science is that it's an incredible waste of time and resources to re-generate an answer you already knew.
We largely solved this problem for large data sets by "indexing" them so that they could be efficiently searched.
Culture Crave 🍿@CultureCrave
Google announces it will now prioritize AI-generated answers in search results over human-written website articles • Search will be centered around a reimagined ‘intelligent search box’ • Starts next Tuesday (via @TechCrunch)
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@Absurd_Ruka It needs to be take under public ownership: I don’t blame people for being suspicious when all capitalism can do with it is justify mass layoffs and make memes instead of using its potential for logistic problem solving.
Joe@19Joeyo
@KyleTrainEmoji The solution is to take it under public ownership and use it for medicine, logistics and lowering SNLT in a socialist, planned economy. AI will only really be at the early 90s internet stage of primitivity under capitalism cus slop startups (fictitious capital) prop up the bubble
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For some reason people, particularly on the left, think that "AI" is entirely fake/and or useless, when it's just very obviously not.
AI in quotation makes due to the term "intelligence", but it's extremely potent technology regardless. No cope is gonna change that.
OpenAI@OpenAI
Today, we share a breakthrough on the planar unit distance problem, a famous open question first posed by Paul Erdős in 1946. For nearly 80 years, mathematicians believed the best possible solutions looked roughly like square grids. An OpenAI model has now disproved that belief, discovering an entirely new family of constructions that performs better. This marks the first time AI has autonomously solved a prominent open problem central to a field of mathematics.
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@dreamosaurus Good illustration of how this problem solves itself. If no-one watches AI media it won’t profit, removing the common incentive to make it. Art is a social tool that’s value is derived from its scarcity and difficulty to make; it should be produced out of passion for the craft.
Joe@19Joeyo
@gumbuoy Capitalism distorts the principle of art by enforcing the profit motive. If you remove that from the equation, people will want to make art with their own labour again for love of the social task rather than minimising cost (while sacrificing human agency) for their investors.
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Thanks for the list, makes it easier for us to avoid them. You slop, you flop.
The Hollywood Reporter@THR
The Filmmakers at Cannes Who Are Learning to Love AI hollywoodreporter.com/movies/movie-n…
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@ThinkActBenefit @purplepingers @grok Housing market began easing in 2022 before immigration numbers had peaked. x.com/19Joeyo/status…
Joe@19Joeyo
@babraham93802 @purplepingers The Canadian bubble began pseudo-popping three years ago when the reserve bank hiked interest rates dramatically to reduce mortgage demand. Carney's immigration reduction plan was announced last year, well after this process started.
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@19Joeyo @purplepingers Hi @Grok what has been the net Canadian immigration/migration in the last couple of years and what has been the effect on the housing market?
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The problem with racists is it doesn’t matter what the facts are, they’ll still blame working class migrants and not the fucking capitalists
Cameron Murray@DrCameronMurray
I need to do a better job educating my followers. Most think there are fewer dwellings per capita today than 30 years ago. The actual numbers are - population up 50%, dwelling stock up 60%. And the average dwelling is bigger and better than ever.
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@babraham93802 @purplepingers The Canadian bubble began pseudo-popping three years ago when the reserve bank hiked interest rates dramatically to reduce mortgage demand. Carney's immigration reduction plan was announced last year, well after this process started.
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@19Joeyo @purplepingers Best have a look at Canada in the last 12 months.
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@19Joeyo @purplepingers Well it isnt happening across the global north irrespective of border policy, so
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@leftypol_org This is the ‘underconsumptionist’ theory of the effect mixed with a discussion of neocolonialism. Methinks you should post a meme on rising organic composition of capital and the overaccumulation process next. 👀
Joe@19Joeyo
@mattpuddister This is the tendency of the rate of profit to fall; rising OCC decreases ratio of net revenue to capital invested. Productivity is increasingly unprofitable so capital extracts rent and valorises derivatives while the state assists them to offset decline (subsidies/neoliberalism)
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@gumbuoy Capitalism distorts the principle of art by enforcing the profit motive. If you remove that from the equation, people will want to make art with their own labour again for love of the social task rather than minimising cost (while sacrificing human agency) for their investors.
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Demi Moore literally made a whole movie about how older women are discounted and discarded by society, and are pressured to stay young and sexy.
What does she think is going to happen when the tech bros don’t need women at all to be in their movies?
Variety@Variety
#Cannes jury member Demi Moore says we need to "find ways" to work with AI: "Against-ness breeds against-ness. AI is here. So to fight it is to fight a battle that we will lose. So to find ways that we can work with it is a valuable path that we can take."
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Christopher Eccleston before and after having to work with the BBC:
Star Wars Facts@sw_tweets
‘Star Wars: Knights of the Old Republic’ ad (2003)
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The purpose of austerity was to drive down wages and conditions by making the alternative unlivable - to set conditions for profitable capital investment - and increasingly privatise the state - opening new areas for capital investment.
Congolesa Rice@judeinlondon
15 years of austerity has finally achieved its purpose
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@KellMorrHK @bidetmarxman First two on business lifespan, second two on living standards. These are all mainstream economic metrics and haven't even touched housing costs.
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@19Joeyo @bidetmarxman They’re not dropping standard of living and real incomes generally up.
What metric you looking at?
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>In a liberal democracy we address our perception of "social murder" through dialogue and the political process.
“Dialogue” and “political process” are transient luxuries afforded only to a portion within liberal democracies during high rate of profit eras.
Oliver Traldi@olivertraldi
The truth about "social murder" is that virtually everyone thinks the policies they disagree with lead to more death and suffering. That's why they disagree with them. In a liberal democracy we address our perception of "social murder" through dialogue and the political process.
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@KellMorrHK @bidetmarxman Provide empirical evidence for a thesis, then. Why are Western living standards dropping so quickly? Why are business lifespans their shortest ever? How will capitalism survive automation; without workers with incomes, who will have the money to buy products and generate profit?
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@19Joeyo @bidetmarxman Sometimes I come across someone who proves a 'you dont know what you dont know' scenario.
Read get educated and come back.
You are not making the point you think you are
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@KellMorrHK @bidetmarxman Interest rates factor risk by comparing it with projected ROI. Loans with interest expect profit irrespective of their context. That does not mean the concepts are the same but they are related (evidence shows this). A long video but worthwhile on this: youtube.com/watch?v=oAF20f…
YouTube
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No. interest is a time risk-adjusted return on capital often described as the risk-free rate + risk premium (this will reflect market risk, company risk, etc) rf+rp. Its not profit that you are measuring here...its the price of risk.
There are a several explanations for why this could drop.
1) liquidity increases
2) risk drops
3) risk preferences shift.
a combination of those and more.
The fact that you conflate lending risk-return and equity gross profit rates is clown ignorance.
Get educated and come back. I am embarrassed for you.
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@KellMorrHK @bidetmarxman Interest rates are inextricably linked to profitability even if you reject TRPF. Many of the other graphs I included are mainstream economic expressions of the phenomena (Business volume, lifespan, marginal propensity to consume, living standards, housing costs are all relevant.)
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@19Joeyo @bidetmarxman You’re conflating a lot of data.
Want to step back and get organised. You aren’t making the point you think you are
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@KellMorrHK @bidetmarxman Yes. Interest rates are both a form of and expression of profitability. Below are some explanations of why profit rate tends to fall with empirical evidence.
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@19Joeyo @bidetmarxman Real rates real rates of what? Interest rates?
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