Dave5

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Tag: money != smart

  • Billionaires a just full of shit

    Left or right, billionaires are full of shit…

  • Peter Thiel sucks at politics

    Watching JD Vance unravel has given me lots to think about. Reflecting on the weird men that Thiel seems to boost, I’ve come to a conclusion on why he’s so bad at politics. Money and Misanthropy Based on image by Androidmarsexpress – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=93026655 Thiel uses money has a cudgel. He…

  • Edge Lord Musk Enters “Find Out” Phase

    Tesla posted its second-quarter earnings Thursday evening, revealing that its net income fell an astonishing 45 percent compared to a year ago, the second consecutive quarterly decline. That massive pay bump… sure looks liek a good investment. https://futurism.com/tesla-sales-tank-elon-musk-endorses-far-right

  • David Seymour is the MTG of NZ politics

    He’s only in it for the Twitter engagement and trying to create class division. We’ve got actual problems to solve and all he can do is culture war grandstanding. He is a criminally unserious man hell bent of divisiveness. He tried it with the Treaty and he’s trying it all over again with school lunches.…

  • There 👏 are 👏 real 👏 fucking 👏 limits.

    I suspect GPU intensive compute is going to be one of our nastiest ZIRP hangovers (Elon et al are just gonna be equiv to “walks of shame”). This isn’t zero-marginal-cost tech and it’s under-priced by a factor of at least 10x. Physics: it’s a real thing. Cybernetics: It’s a real thing. …artificial intelligence companies are…

  • We want to be the X of Y

    VC is pattern-matching. Because of this, less competent players fall into the trap of pitching themselves as the X of Y … Tell me you don’t know what you’re doing with out telling me you don’t know what you’re doing.

  • Disney’s $1.5 billion bet on gaming risks cultural homogeneity.

    This type of cultural creep from major corporations is nothing new, but Disney has a particularly disturbing history of accelerated, amplified control across the mediums they enter. Each new property they acquire seems to permeate culture instantly, from stores to amusement parks to screens around the world. Even for non-Disney fans, escaping exposure has become…

  • You Could Have a Wealth Tax Raising a Few Billion or Major Reforms to Existing Taxes That Could Raise £100 Billion or More? Which Would You Prefer if You Wanted To Tackle Inequality?

    I like this reframing…I’ve never cared about people being wealthy. I’ve care about: But if you want to tax wealth, what is better, a few billion in many years’ time after a watered-down wealth tax is introduced, or reforms that could be done almost overnight now to existing laws that would undoubtedly raise more money?

  • How Changing Military Technology Has Contributed To End of Empire

    It was always clear that drones were not going to be weapons of the powerful. What matters for weapons systems is who can afford them. If you need aircraft carriers and you’re not a major country, you’re shit outta luck. The end of medieval nobility arrived with gunpowder weapons, specifically cannons. King could afford them,…

  • Orders soar at Airbus, which makes jets where the side doesn’t fall off

    In further “Boeing is a metaphor for neo-liberalism has run out of steam” commentary. For those that don’t know… here is the 2 sentence history that plots the descent of Boeing… “boeing was reverse acquired by McDD and that company was full of Welch trained dipshits. they ousted all the engineer trained managers that made…