Redex68

@Redex68@lemmy.world

• ⁨Comment⁩ on ⁨Everyday AI looks more like the '08 housing bubble⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨Everyday AI looks more like the '08 housing bubble⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨Everyday AI looks more like the '08 housing bubble⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨Everyday AI looks more like the '08 housing bubble⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  You do realise that if 50% of consumption disappears then a lot of people from that 90% will loose their jobs as well. I don’t care about the 10%, I also think the income inequality in the US is insane, but the fact is that if AI stocks tank right now, poor people will feel it as well (much more so than rich people, because they can’t survive without a job and don’t have wealth as a safety net)

• ⁨Comment⁩ on ⁨Everyday AI looks more like the '08 housing bubble⁩ ⁨⁨6⁩ ⁨days⁩ ago⁩:

  One thing people didn’t mention is that I’m pretty sure the top 10% of Americans by income make up 50% of consumption because of the heavily K shaped revovery that has happened. These Americans have a large percentage of their wealth in stocks, and if the stock market crashes, they will feel less wealthy and less willing to spend, decreasing their spending, tanking the US economy.

• ⁨Comment⁩ on ⁨Fear not, and enjoy this mere interlude to its fullest!⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  Sure, I get the biology and technical aspect of it and I can understand that something could evolve whose atoms would move in such a way that it results in an object that is capable of responding dynamically to its roundings, plan and think. But for that collection of atoms to then result in this experience, I feel is extraordinarily exceptional.

• ⁨Comment⁩ on ⁨Fear not, and enjoy this mere interlude to its fullest!⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  The weirdest thing to me is that it’s literally impossible to measure and detect whether something has consciousness. Every other thing in our universe can be measured theoretically, even if not by our current tools, but there is no way to confirm that someone else is experiencing what I am experiencing currently. It’s just so weird.

• ⁨Comment⁩ on ⁨Fear not, and enjoy this mere interlude to its fullest!⁩ ⁨⁨2⁩ ⁨weeks⁩ ago⁩:

  I don’t believe in God nor am I religious, but consciousness just feels so fucking weird man. Everything in the world can be explained through science and physics, cause and effect, hell even our brains and actions are just a chain of atoms interacting. But consciousness just feels so out of place. Why am I? Why am I even aware of my own existence? Why has a set of atoms resulted in my non-material consciousness? It feels so out of place. Why isn’t it just a bunch of atoms bumping into eachother, why am I capable of feeling and thinking?

• ⁨Comment⁩ on ⁨What would stop you from switching to a flip phone (or dumbphone) in 2025?⁩ ⁨⁨4⁩ ⁨weeks⁩ ago⁩:

  Dumb phone features are about 5% of what I use on a daily basis on my phone.

• ⁨Comment⁩ on ⁨"Very dramatic shift" - Linus Tech Tips opens up about the channel's declining viewership⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I’m not quite sure I understood what you were talking about, but they specifically showed their revenues from YouTube AdSense for the past year or so, and they showed exactly how much they gained from each video, and it shows basically a straight line, whilst the same graph for viewers shows a substantial decrease. I’m not sure if that was specifically for LTT or for all of their channels, but I’m assuming it was just for LTT. That has no relation to them then splitting their revenues to their different channels.

• ⁨Comment⁩ on ⁨"Very dramatic shift" - Linus Tech Tips opens up about the channel's declining viewership⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨"Very dramatic shift" - Linus Tech Tips opens up about the channel's declining viewership⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  The more interesting part for me, that they mentioned on the WAN show, is that while viewers dropped significantly, the revenue basically hasn’t changed. They’re more or less making the same amount of money from half the amount of reported viewers.

• ⁨Comment⁩ on ⁨Google gets to keep Chrome, judge rules in search antitrust case⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I mean, of all the things to cut off of them, Chrome made the least sense to me. It’s not a profitable part of the business, it would just die if spun off. The only reason Firefox is alive is because Google is funding them.

• ⁨Comment⁩ on ⁨Japanese Power Plant Turns Saltwater Into Electricity⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨Poland presses ahead with 3 percent digital tax despite Trump threat⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  Yeah but my understanding was that an important part of the EU is the negotiation of trade deals that regulate tariffs, and that the countries more or less gave their sovereignty in that area to the EU. Maybe I was mistaken?

• ⁨Comment⁩ on ⁨Poland presses ahead with 3 percent digital tax despite Trump threat⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  Wait, how does this work? I am for the EU to retaliate with tariffs against the US, but how is Poland able to do it by itself? Isn’t the EU supposed to have a common trade policy?

• ⁨Comment⁩ on ⁨LPT: Go get a shot, now.⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  There’s more people in the US

  ?? How is that relevant

• ⁨Comment⁩ on ⁨Framework unveils a second-generation Framework Laptop 16 with a swappable Nvidia RTX 5070 GPU, an industry first, shipping in November 2025⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  Except that AMD doesn’t support HDMI 2.1 on Linux (not their fault to be fair, but still)

• ⁨Comment⁩ on ⁨Evolution: 🖕⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  Damn, this is totally gonna be a thing, and I’m all for it. We shall all become cute cat girls.

• ⁨Comment⁩ on ⁨Mozilla warns Germany could soon declare ad blockers illegal⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  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.

• ⁨Comment⁩ on ⁨SpaceX says states should dump fiber plans, give all grant money to Starlink⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  Lol, lmao even

• ⁨Comment⁩ on ⁨Mozilla warns Germany could soon declare ad blockers illegal⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I’m not advocating for you being forced physically to watch ads, I’m saying that as it stands, ads are the payment method and you actively blocking them means you’re not paying for what you’re using. I’m not criticising people for that, I’m simply stating a fact. If everyone on the internet was to use adblockers, most of the web would die out, and first to die would be actually useful sites that provide helpful information that they invested time and money into making, such as news, review sites, etc. Perhaps the threat of adblockers itself is benefitial for the internet as it might force websites to find alternate, better payment methods, but I don’t see what you could replace ads with since people won’t be willing to pay a monthly subscription for every site they visit, and most people won’t pay for donations if you try a donations based model.

• ⁨Comment⁩ on ⁨Mozilla warns Germany could soon declare ad blockers illegal⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  I know I’m gonna get a lot of hate for this because everyone here despises ads, but I can see an argument for it. I don’t know if it is legaly sound, but morally, it boils down to the fact that you are literally using a service without paying for it. The website is offering you a product and the payment is ads. If you don’t want to pay for it, don’t use it, otherwise you really are just stealing it (even if that “stealing” costs very little to the site). I personally use an adblocker and agree that ads on most sites are obnoxious, but I also feel like people make adblockers out to be completely black and white, which they are not.

• ⁨Comment⁩ on ⁨Steam payment headaches grow as PayPal is no longer usable for much of the world: Valve hopes to bring it back in the future, 'but the timeline is uncertain'⁩ ⁨⁨1⁩ ⁨month⁩ ago⁩:

  The problem is that if you make a PayPal equivalent, you’re still beholdent to MasterCard and Visa since you need them for people to actually add money to their account, and if you want to make a direct competitor to MasterCard and Visa, that’s basically impossible without government support because they’re way too entrenched, why would a business support a random new payment method that nobody is using yet.

• ⁨Comment⁩ on ⁨💀 💀 💀⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Holy fuck I did not know they were so hot, how does a human body even survive that for any amount of time.

• ⁨Comment⁩ on ⁨Trump says he plans to put a 100% tariff on computer chips, likely pushing up cost of electronics⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  I mean the whole point of tariffs is to bring manufacturing to your country, so if they actually did that that would be a major win, but I’m highly doubtful, they’ll probably just wait it out since the US can’t survive by blocking literally every high end chip from being imported.

• ⁨Comment⁩ on ⁨‘We didn’t vote for ChatGPT’: Swedish Prime Minister under fire for using AI⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  He explicitly states that no sensitive informarion gets used. If you believe that, then I have no issue with him additionally asking for a third opinion from an LLM.

• ⁨Comment⁩ on ⁨US condemns French inquiry into Elon Musk's social media platform X/Twitter.⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Did they really classify Twitter as an “organised crime group”? Because that does seem a bit farfetched.

• ⁨Comment⁩ on ⁨‘If I switch it off, my girlfriend might think I’m cheating’: inside the rise of couples location sharing⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  Yeah I’d turn off location tracking where it not for photo geostamps. It’s so useful and fun to track down photos.

• ⁨Comment⁩ on ⁨Adblockers stop publishers serving ads to (or even seeing) 1bn web users - Press Gazette⁩ ⁨⁨2⁩ ⁨months⁩ ago⁩:

  I mean, basically yes? Do you think most people ever touched the addons button?