JRevan

@Tatianaclinares Need a new coach for starters... I thought a first round exit would happen lol

Embarrassing

Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will — if nothing changes. The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled. The conclusion is one sentence. "At the limit, firms automate their way to boundless productivity and zero demand." An economy that produces everything. And sells it to nobody. Here is how you get there. A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself. Because the workers who were fired were also customers. When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation. The loop has no natural exit. The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements. Every single one failed in the model. The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger. No government has implemented this. No major economy is seriously discussing it. Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion." Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem. Rational behavior. At scale. Simultaneously. With no mechanism to stop it. Two economists built the math. The math leads to one place. Source: Falk & Tsoukalas · Wharton School + Boston University · arxiv.org/pdf/2603.20617

Free newsletter: The economics of AI don't make sense. Monthly subscriptions to AI services are scams that represent a product that is impossible for OpenAI and Anthropic to provide long term, and AI data centers are an economic disaster at scale. wheresyoured.at/ais-economics-…

@VicLombardi No one will beat okc in the west anyway so who cares about min

nah. your team won the game. you're up 3-1. smile. enjoy. savor. why are Wolves fans so nasty all of a sudden? leave us old people alone. i'm trying to install a new garage door opener today.

@RyanKoenigsberg Actually everyone except murray and jokic should be reevaluated before next year

Should the Nuggets fire David Adelman?

@CoachKarl22 Karl has called it! As a denver fan I agree! Horrible game

Championship windows open and close faster than ever in the NBA.

@Tatianaclinares Wish we still had malone and mpj

Post game thoughts????? Nuggets go down 3-1 to the Timberwolves

@VicLombardi A poised team would have won by 20 with ant and divincenzo out, instead we have this

The lack of poise is striking.

@NuggetsLead Better luck next year ha ha ha

where do we even go from here? I mean I am truly at a loss. Thought it couldn't get any worse than last game...I was wrong

@JeremyNicolls Go avs!

Yea man, I thought game 3 was bad, but this is setting up to be even more embarrassing if the Nuggets lose this. The Wolves are simply just outplaying you in every way. Injuries are not an excuse anymore.

@Blair519 What happened to 664-651 last week lol

🚨 $SPY 🐂 are in charge or will we see a retracement to 680. 👀 720 Anyone holding 700-708c from last week?

@FinanceLancelot Would be nice to drop this mount everest stock move that makes no sense next week

Uh oh

@Glitch_Trades This also called for 651 this friday so no good to me

Nah lol there ain't no fuckin' way Atlas projected 700 and we literally knifed to hit that. $SPY $SPX

@TraderJonesy Dont think anyone will care again just like they didnt with the failed deal so far probably up to 690s tomorrow

Me going into PPI tomorrow with my 670 May 29th puts. $SPY $SPX #SP500

@MichaelPBento Its over pack it up bro

10 Day winning streaks on the Nasdaq have only happened 12 times in history, 11 day winning streaks have only happened 3 times in history, 12 day winning streaks have only happened 3 times, and winning streaks past 12 days have NEVER happened. We are nearing exhaustion.

@MichaelPBento Usually that works but everyone knows about this so...

Uh Ohhhhhhhhh

@MichaelPBento I wouldnt mind 600!

@TraderJessephx 710, but not before 600 first

Outstanding timing. Market closes on a Friday and suddenly we are sending more troops and there is no agreement on what the parties are even negotiating about. Can't say I didn't warn you guys.

@MichaelPBento Sell for ants barely red

checkmate kids