When Trump is gone, we need to Nuremburg and aggressively FTC those assholes. And raise their taxes to 90%. GTFO of here.

what pisses me off about this whole AI bullshit bubble are the higher energy prices I am being charged for their data centers. It moved me to purchase shares in National grid to hedge this shit.

Oh, the guy who intimated that the US gov will have to bail their asses out because their futures were TBTF. I will be happy to see that guy in prison for his pyramid schemes.

I am with you man… going to the fire sales, second hand all the way. Even now… all my holiday purchases are secondhand, ebay, thrift, flea market purchases. Fuck the corporations.

they can be adapted, and will be in order to sell them.

woo hoo! I am thinking about the tower of my son’s gaming computer who’s nvidia card died… and they were total dicks about replacing it. I can’t wait to buy a better one at a major loss to them off ebay.

I really miss the time we just considered Nvidia as a great source for graphics cards on our gaming computers.

Nah, we would just get great bargain basement prices on GPUs.

I sold off my Nvidia stock about 3-4 weeks ago in the effort of divesting myself of all the AI futures. I also had sold off Amazon, MS, Intel, etc. (I never owned Tesla). With the money I bought Berkshire Hathaway, med tech/pharm stocks and stock of my local energy supplier since they hiked my rates those MFers, as well as a chip corp opening a fab here. Also can’t go wrong with MC. I keep away from crypto and consider AI a poison pill… worse than the real estate bubble in the early 2000s. Just want to say, I am not a huge investor… I just decided to buy stocks instead of shoes cuz they take up less space and tend to increase in value vs lose value. No one sells their shoes.

I also moved some money into European and Asian stocks.

yes, We can’t prevent the bubble burst. We can hope it happens sooner rather than later but the bubble is baked in. So what companies and individuals can to is basically buy up their detritus at bargain prices. And then use them to make better, more solid companies that do not require $3T investment while showing no fucking profit.

My family lost a great deal of invested wealth in that 2008 crash with the death of Mellon Bank. It does not seem like a lot today but … if it had been invested in say Chase or G-S… it would have probably been double what it was by now. I am sure my dad was twisting in his coffin when that happened. I am glad he did not suffer that when it happened (he died in 2005).

Those data centers drive up energy costs for us and increase global warming. They don’t help at all. Plus AI steals IP of creatives.

The best thing us poors in the US can do is eliminate our consumer debt, pay it off or do a bankruptcy and pray(hope really hard and vote) we do get a president who can effectively forgive student debt. This means no spending, strict budgeting and eliminating any and all subs, discount phone, etc. If you are already there, getting more paid work if possible.

I think the top 10% are author of more than 50% of the spending/consumership. That is about to become larger.

I am in the US. In regard to employer based retirement, there are a few pension programs still available, mostly union based. In other corporate environments that do not offer union pensions (as they are non-union)- they offer the 401K if a for-profit or a 403B if non-profit. As you get closer to retirement, many 401K/403B recalibrate to a larger proportion of Bonds vs riskier stocks/futures. Although I also invest in some ETFs that are not pretax (only the earnings are taxable).

If Intel has to give the US government 5%, Starlink should have to give back 25%.

I don’t think this is unusual for your generation. GenZ seems risk adverse. It is surprising that you all drive before age 18. Many won’t actually call somebody or someplace using your voice.

This along with the elimination of USAID should disqualify the orange gorilla from any peace prize .

Wow. I didn’t know that dial up was still a thing in the US

Oh man, you just unlocked memories of my Mom’s 8086 back in the late 80s… her first pc was an Apple but the software… there was more for the Intel. I remember so much disk inserting and printer interface issues and the DOS. We had like boxes and binders of those huge discs…