e461h
@e461h@sh.itjust.works
- Comment on Co-founder of tech company charged with diverting $2.5 billion in Nvidia AI chips to China in violation of export laws 1 week ago:
Yih-Shyan Liaw, known as Wally; Ruei-Tsang Chang, known as Steven; and Ting-Wei Sun, known as Willy, were charged with conspiring to violate export control laws, smuggling goods from the US and conspiring to defraud the US.
Liaw, who co-founded Super Micro Computer and served on its board of directors, was arrested Thursday in California and released on bail. Sun, a contractor, is held awaiting a detention hearing. Chang, who worked in the Taiwan office of Super Micro, remains at large.
Super Micro Computer is not named in the indictment.
- Comment on AI still doesn't work very well, businesses are faking it, and a reckoning is coming 1 week ago:
Yep, they’ll weaponize it to take jobs and then hit the public with the bill when the bubble bursts. Capitalism is both chilling and demoralizing.
- Comment on Sam Altman Thanks Programmers for Their Effort, Says Their Time Is Over 1 week ago:
Just more hype from a guy who can’t make a profit www.wheresyoured.at/oai_docs/
- Comment on Copilot AI ‘Microslop’ Chat Ban Is Not Censorship—Says Microsoft 3 weeks ago:
Next up: Gaslighting!
- Comment on YSK Article Five of the United States Constitution 5 weeks ago:
Between dem strategists (donors) constantly pushing dems to appeal to the right and the number of DINOs (both known and more behind the scenes ready to step up) - it really is a depressing state of affairs.
- Comment on China’s dancing robots: how worried should we be? 5 weeks ago:
Indeed. Can we trade the invaders for dancing bots? What a world…
- Comment on Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their riches 1 month ago:
They’d just call or more likely text the ceo of the bank. Then their respective teams would figure out the rest.
- Comment on Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their riches 1 month ago:
Not the same. The working class works/contributes for a living by definition. Billionaires live off others money via loans they pay off… with more loans.
- Comment on Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their riches 1 month ago:
They don’t sell, they take loans instead:
At some point, one might expect that the ultrawealthy would have to sell their shares to finance their lifestyle. Do they? In selling those shares, wouldn’t they have to pay a capital gains tax?
For most of us, when we own property or stock that has increased in value, it doesn’t mean anything to us unless we sell it. But those with great wealth can access that wealth without paying taxes by simply borrowing against their assets. And that is what our richest Americans do.
Billionaires like Larry Ellison and Elon Musk borrow huge sums of money to support their lifestyle, pledging their stock as collateral. This borrowing is entirely tax-free and comes at good rates. In addition, in recent years the growth in stock value more than compensatesfor any interest that might accrue. To pay the interest and pay back the loans, they simply borrow again.
- Billionaires with $1 salaries – and other legal tax dodges the ultrawealthy use to keep their richestheconversation.com ↗Submitted 1 month ago to youshouldknow@lemmy.world | 22 comments
- Comment on FBI Couldn’t Get into WaPo Reporter’s iPhone Because It Had Lockdown Mode Enabled 1 month ago:
Feature set seems like an improvement, honestly. In particular:
Game Center is also disabled.
- Comment on 1 month ago:
Bs. This is a marketing campaign at best.
- Comment on Exclusive: Amazon plans thousands more corporate job cuts next week 2 months ago:
‘Trimmed’
Would be nice to stop using such sanitized language to describe how horrible and unjustifiable these actions are from unfathomably wealthy & tax evading corporations.
- Comment on AI companies will fail. We can salvage something from the wreckage | Cory Doctorow 2 months ago:
Assuming it actually becomes valuable/profitable at some point.
- Comment on AI companies will fail. We can salvage something from the wreckage | Cory Doctorow 2 months ago:
100%. Stock will go up cuz we’ll pay the price. Execs will all get bonuses for their brilliant strategy.
- Comment on Engineer at Elon Musk's xAI Departs After Spilling the Beans in Podcast Interview 2 months ago:
Once upon a time, we could listen to the radio at a reasonable volume and have our own staplers. Alas, no longer.
- Comment on Digg launches its new Reddit rival to the public 2 months ago:
Word salad is what ‘generative’ ai does best.
- Comment on Apple picks Google’s Gemini AI for its big Siri upgrade 2 months ago:
This is an example of billionaires’ solidarity with each other. Got to keep their shitty investment afloat!
- Comment on Tim Cook and Sundar Pichai are cowards - X’s deepfake porn feature clearly violates app store guidelines. Why won’t Apple and Google pull it? 2 months ago:
It’s the opposite. They are cowards. Any move to do the right thing makes you a target for oh dear leader (who is also a pedophile). So they ignore it because it’s more profitable to avoid falling out with the administration. The only value a corporation has is greed.
- Comment on Nvidia insists it isn’t Enron, but its AI deals are testing investor faith 2 months ago:
Especially since they made the comparison on their own! Relevant article: wheresyoured.at/nvidia-isnt-enron-so-what-is-it/
- Comment on When the AI bubble bursts, humans will finally have their chance to take back control | Rafael Behr 2 months ago:
Don’t forget the part where taxpayers bail out the billionaires!
- Comment on Apple, Google tell workers on visas to avoid leaving the U.S. amid Trump immigration crackdown 3 months ago:
Same for everybody as far as that goes
- Comment on Apple announces more ads are coming to App Store search results 3 months ago:
GraphemeOS + Fairphone anytime would be awesome. Fuck these walled monopolistic ecosystems.
- Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price. 3 months ago:
Hmm just good old late stage capitalism there, I think. The CEO recently said legalizing war crimes would be good for business and seems to have a cocaine problem to boot. No doubt fueled by the same investor groups though.
- Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price. 3 months ago:
Prediction: the bubble is real but financiers will find ways to kick the bull down the road until they can force enough adoption & ad insertion to not lose out. The other option is that we pay it, of course. Takes on which is worse?
- Comment on I Went All-In on AI. The MIT Study Is Right. 3 months ago:
Cloudflare, AWS, and other recent major service outages are what come to mind re: AI code. I’ve no doubt it is getting forced into critical infrastructure without proper diligence.
Humans are prone to error so imagine the errors our digital progeny are capable of!
- Comment on 4 reasons Plex is turning into the thing it replaced 3 months ago:
Indeed. Seems every week Plex takes some action to enshitify their service more and more.
- Comment on [deleted] 3 months ago:
Utilities beholden to investor groups have been price gouging customers long before AI came along. We need governments that can competently govern and regulate.
- Comment on Quitting Spotify for Navidrome 3 months ago:
Finamp is the official iOS Jellyfin music player. If only the would publish the latest beta version to the App Store! Apparently it’s so much better than the current release, but I refuse to sign up for test flight and the associated Apple terms.
- Comment on Microsoft AI CEO pushes back against critics after recent Windows AI backlash — "the fact that people are unimpressed ... is mindblowing to me" 4 months ago:
Stiff competition, that. This guy is just playing it safe, saying what his bosses want to hear.