yogthos

joined 6 years ago
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[–] yogthos@lemmy.ml 2 points 26 minutes ago
 
[–] yogthos@lemmy.ml 1 points 4 hours ago

The trajectory is exactly the same regardless of which bourgeoisie party is in charge. The all represent the interests of capital first and foremost. https://www.cambridge.org/core/journals/perspectives-on-politics/article/testing-theories-of-american-politics-elites-interest-groups-and-average-citizens/62327F513959D0A304D4893B382B992B

[–] yogthos@lemmy.ml 2 points 4 hours ago (1 children)

about as intelligible comment as I've come to expect from you

[–] yogthos@lemmy.ml 0 points 5 hours ago (3 children)

the armchair technology expert has spoken

[–] yogthos@lemmy.ml 1 points 5 hours ago

and the advantage with that approach is that you don't need landing gear and extra fuel for soft landing

[–] yogthos@lemmy.ml 4 points 5 hours ago

when the bubble pops it's going to be epic

[–] yogthos@lemmy.ml 13 points 14 hours ago* (last edited 14 hours ago) (3 children)

It's basically inertia, American economy has a massive stock of national wealth and trust. For decades, inflows like tax revenue and productive innovation filled the stock faster than outflows like debt and war spending drained it. And thanks to that, there's a massive amount of resilience that's been built up over many decades. Now the outflow is outpacing the inflow, but the existing stock is so large that we're not seeing any catastrophic effects yet. A huge country can absorb a lot of pain before anything visibly changes. The US still has strong buffers like deep capital markets, the dollar’s reserve status, and a large domestic economy. Each successive mistake chips away at these buffers, and when the stock finally runs dry, the system will tip fast. The economy won't collapse tomorrow, but it is living off stored up capital rather than current productive inflows. The damage is masked by the size of our existing stocks. Once those are gone, the real crash comes.

[–] yogthos@lemmy.ml 4 points 14 hours ago (7 children)

A company in China made a very cool new toy box with three special tools in it to take perfect pictures of the whole Earth from space, to help flying cars and delivery drones drive safely in the sky, and to build more rocket ships. These tools can help people do lots of important jobs, like watching the weather, delivering packages, saving people in an emergency, and making new maps.

[–] yogthos@lemmy.ml 1 points 15 hours ago

I mean that's already happening. Less than half of the proposed ones is being built, and once the bubble pops I don't think even the ones that are currently being started will get finished.

[–] yogthos@lemmy.ml 5 points 16 hours ago

Being slightly ahead in agentic coding was literally all the US companies had going for them. That's gone now, so it's basically game over now. By the way a great explanation of how models are built from Moonshot AI CEO Yang Zhilin https://tankie.tube/w/o4UNoNcySdowgVPP8Dc6Eu

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The economy (lemmy.ml)
 
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