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Ras Kapital
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Ras Kapital
@bugimane
drunken master baiter | bighead scientist
Wokekanda Katılım Kasım 2021
6.6K Takip Edilen1.2K Takipçiler
Who was Lewis Mumford?
LinkedIn Lunatics@LinkedInLunat1c
AI bros have reached peak insanity levels
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RIP Kidd, you gave us arguably the funniest NBA head coaching moment of my lifetime
Shams Charania@ShamsCharania
BREAKING: Jason Kidd is out as coach of the Dallas Mavericks. New Mavericks president Masai Ujiri is making a coaching change.
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Shai flopped on every single shot attempt.
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NAACP President Derrick Johnson makes 850k per year and asking Teenage Black Athletes to sacrifice their college finances for the greater good of Black Voting Rights. What has the NAACP provide as a suitable solution if Black Students turn down their scholarships?
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I'm not gonna lie, the @Meta layoffs are some of the most dystopian I've ever seen. They got told to work from home, they were sent the emails at 4AM in the morning. Those who weren't impacted have software on their computer that tracks their every move, preparing AI to take their job as well. They're literally training the AI that will eliminate their position as well.
Meanwhile, Meta is raking in RECORD PROFITS.
I am a massive, unapologetic AI enthusiast. Yet, this is NOT the future I had in mind.
I wish for Meta to crash and burn. This is not the way. Literally nobody benefits from this.
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Trump will be remembered as the Datacenter President due to accelerated depreciation of GPU’s which was a part of the OBBB. This means that Datacenter investors can write off the investment in the GPU 1:1 against other profits, reducing taxes significantly.
Crazy to me that professional talking heads don’t know this.
@akarlin @RichardHanania you should inform your audiences.
yc@yc989
@akarlin @RichardHanania @RishiJoeSanu @akarlin you are forgetting the accelerated depreciation for GPUs which materially improved returns on DC investment in the US relative to RoW. Hard to quantify but likely a huge impact.
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Most likely outcome is the AI Frankenstein and its crazed creators are chased by an angry mob of villagers out of their tower and into some sort of new reality
GIF
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How will the "human data providers" make a living? Will laid off engineers be turned into glorified contract ai data labelers and streamers, like a third worlder?
How will those newly precariat class / former white collar workers pay their sky high cost of living?
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The dream of capital is to eliminate labor, just pure capital robots creating more capital profits, iteratively
The literal endgame for capitalism is to destroy capitalism, many predicted this
Overlap: Business & Tech@Overlap_Tech
Marc Andreessen to Joe Rogan: Why AI Workers Beat Human Workers "Never gets drunk. Never gets sick. Never gets depressed because his girlfriend broke up with him. Never files HR complaints."
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Mistakes were made
We still want you proles to eat shit and die though
Bloomberg@business
"It was an inartful way to say something." JPMorgan's Jamie Dimon addresses the backlash over Standard Chartered CEO Bill Winters' remarks on AI replacing "lower-value human capital," saying that AI will affect all jobs. More here: bloom.bg/3RiCdPi
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at least pretend to google spend 5 minutes reading up onwhat the payroll tax is, you fucking retards
en.wikipedia.org/wiki/Payroll_t…
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There’s literally not enough money to support Anthropic, OpenAI, and SpaceX IPOs
Tig@Tig_Bo
Nick and Pio break down a once-in-a-generation IPO wave: OpenAI, Anthropic, and SpaceX. "They are being forced to IPO as fast as possible, and it's a race to see who can get there quicker because there's not enough capital available to fund their growth, and there may not be enough capital literally in the markets to support their entry into this space." - Nick "This is probably a once-in-a-generation, if not more than one generation, event of three trillion-dollar companies IPOing suddenly at the same time. Super huge names. This never happens." - Pio
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Yep and the top 50% of earners can make up the difference and any shortfalls. I love it. Close the loopholes and give the people a rebate. (Also place a restriction of price increases for a minimum of 5 years for corporations can't capture that surplus)
Jeff Bezos@JeffBezos
Thank you. The important part is zeroing out taxes on the bottom half. Best way to put money in someone’s pocket is to not take it out in the first place. Bottom half is only 3% of total tax revenue. But it’s very meaningful to that person. Zero it out.
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