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Joined 3 years ago
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Cake day: June 10th, 2023

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  • But I’m not saying the jobs lost by AI companies collapsing is gonna cause a recession, I’m saying the AI bubble collapsing, bringing down the stock market with it, will cause a recession and loss of jobs. 35% of the S&P is made up of stocks in the top 7 US tech firms. The stock market is extremely skewed towards these 7 firms, and a large part of their current evaulation is made up from speculation of potential AI returns. When the bubble bursts, everyone who is invested in these firms will feel it. As I said, the top 10% of Americans make up 50% of consumption, can’t find a confirmation but I think that’s the highest in modern history. If this 10% suddenly looses 30-40% of their wealth because a stock market crash, this consumption will be severely affected. They won’t buy as many fancy goods, won’t go on expensive vacations, in general will do much less. We can argue whether having a class of people like that benefits the economy or not, I’d say it doesn’t, but the fact of the matter is that if the stock market were to crash because of AI companies, everyone is affected, because of how much money the 10% spend.


  • I don’t understand what your point is? I’m merely expanding on OP’s question and stating the fact that the way things are currently, when the AI bubble bursts poor people will feel it the most. Trickle down economics doesn’t work because if you give 100 bucks to a rich person, they’ll spend like 5 of it. If you give it to a poor person, they’ll spend all of it. But that has nothing to do with the fact that if the bubble bursts right now, poor people aren’t going to somehow get any of that money. They will loose their jobs, because the economy slowed down and nobody is buying anything and their jobs aren’t needed anymore. They will just suffer more and rich people will buy up their houses that they now have to sell at bargain prices.


  • I agree, but that’s just another factor, and it will also cause the stock market to crash, among other things.

    Also, the worst thing is he won’t get American factories to be built. Maybe one or two, but no one in the right mind is going to relocate large amounts of manufacturing to the US when tariffs are coming in and out of effect all the time. Tariffs only work for increasing manufacturing if companies believe they will last a long time. If companies think a tariff will last a month or a year, there’s no point in making a factory that will take two, three years to build and then five years to become net profitable, because by the time the factories finished and the tariffs are gone, everyone that still has a factory outside of the US will just out compeat that factory with lower prices.






  • He will look for answers literally anywhere, except for within.

    The tech scene is just not as interesting anymore

    He has literally publicly talked about this many times, he is very much aware of this fact and has stated that he’s always looking for things that he can try and make interesting.

    and the stuff he specifically covers is even less interesting. But the bigger issue is that everything LMG do is just corporate jank. It was fun when it was home garage jank, with 2 employees, but now it’s just miserable and frustrating

    On this part, I honestly don’t quite get it. It’s definitely a bit more corporate now, they are a 100 person company, but when it comes to the videos, I don’t really see what else you’d want them to do? Sure they have some sponsored videos every now and then that are just showcases of a specific product, but even then I typically find them relatively interesting. And they still have a lot of videos where they’re trying to build novel stuff and thinkering. Yeah, sure, it’s typically on a higher level than what the average Joe would be capable of doing in their backyard, but I still feel like there’s a place for it. Take one of the more recent videos, the one with the double-decker table. It’s extremely cool to me, they took a regular table and a sit-to-stand desk, put one on top of the other, and made effectively two desks in one, one for gaming and one for a hobby. It’s not something I’d build for myself, but it’s a really fun concept.




  • Again, Europe is far more densely populated than the US. The EU’s population density is 106/km², the US is 37. The least dense country is Finland with 16/km², but they’re a rich country with not a large population so it’s not surprising for them to not have dial up. Runner up is Sweden with 24 but they are yet again a rich country. For context, there are 10 states in the US that have a smaller population density than Finland. Combine this with the US not having that good of public infrastructure because they mostly have private everything, I don’t find it surprising at all that Europe doesn’t have dial-up and the US does.


  • From what the article says, it’s actually a pretty cool way of improving desalination plants. They use the left over brine, from desalination, that has a very high concentration of salt, and use it as the high salt concentration side, with regular seawater being used on the other side. This both gives them free energy and reduces the side effects of pumping that extremely salty water into the sea by diluting it.






  • That’s a bit of a flawed approach, at least if we’re talking about the average user. The average user doesn’t want nor shouldn’t need to have a deep understanding of the OS. If you’re a dev or interested in it, sure, it’s good to know, but asking the average person to have to constantly tinker with their OS is like asking people to diagnose their own illnesses. Sure, it would be nice if you knew medicine and why you were sick and how to cure it, but it doesn’t make sense to expect everyone to do it. Most people don’t care, and have better things to do in their life.


  • Hosting costs heavily depend on the type of service, YouTube’s costs are very much not negligible, but it is true that for most sites it is very cheap. But hosting costs aren’t the only cost, many sites provide useful reviews, news, or testing that costs them money to produce, which they pay for with ads. Yes, some sites survive using alternative payment methods, but I’m skeptical that this can scale to the rest of the internet. My fear is that we’ll end up in a situation where 90% of the internet is just YouTube, Facebook, Reddit and other giants and people get all of their news, reviews and other information from those sites, which I think is worse than having ads.