Production must equal Consumption plus investment.

An excess of production leads to companies closing down.

Reducing consumption (via getting rid of workers, reducing wages, etc.) will lead to an imbalance that must correct itself.

This can be forestalled by private debt, government debt or exporting the surplus but this is unsustainable.

I got it on Steam on sale.

It’s great fun.

Totally recommend.

Fartificial Intelligence

Sooner.

None of these AI applications are making money and unlike earlier IT companies (Amazon, Google search, social media site, etc ), the marginal cost of each additional user isn’t near zero.

They are having to invest hundreds of billions to cope with demand for applications which lose money on each use.

It’s a $50 billion dollar industry priced as a trillion dollar industry.

A dildo

Is this for real? Never played the game.

To be fair, the Chinese are investing huge amounts into renewable energy.

👋

This a blast from the past.

Restrictions and boundaries spur innovation.

Another Tesla innovation, fraud.

I heard the next model, the Tesla SS, with innovative features like doing Nazi salutes out the windows to indicate is going to be a huge hit.

Really? That’s disappointing.

I was hoping for more credible people to be pointing out the wank that is generative AI.

How you pronounce “Elon”:

N-A-Z-I

Who is this programmer?

I love that people think he is a genius.

He blew ~$40 billion on a shitty VR project that nobody uses.

Also noshitsherlock.com

His books are so shit and totally miss the point of Frank Herbert’s books.