2025-11-07
Horseshit
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Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them?
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Using your phone every night before bed? Researchers say that's okay
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Infants who received $1000 no-strings-attached were nearly half as likely to die
- "fewer dead babies" is a great motivator... Until you're talking of abortion or asking questions about mandated treatments...
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For Gen Z-Ers, Work Is Now More Depressing Than Unemployment
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Woven baskets are sturdier and more resilient than stiff containers
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'Ich Bin Ein Berliner': JFK Got It Right–He Was No Jelly Doughnut
celebrity gossip
Rank Propaganda / Thought Policing / World Disordering
Musk
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Sky News investigated X's algorithm for political bias
Our investigation involved creating nine new X accounts and analysing the type of content that was fed to their algorithmically curated "For You" pages.
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Elon Musk stoking a civil war in England isn't good for Tesla's sales there
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Elon Musk's X starts suspending people using third-party extensions
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Elon Wants His Votes - Bloomberg
I have written a few times about an oddity in this package, which is that, according to Musk and Tesla’s board, the point here is not to give Musk $1 trillion of value, but rather to give him sufficient control over Tesla’s planned “robot army.” Musk wants at least 25% of the vote so that he can control the robots, but he only owns about 15% of the shares, and the only way to get him to 25% is to give him a huge new slug of economic ownership. And the only way to give him a huge new slug of economic ownership is to make the new shares contingent on aggressive operational and stock-price targets, which in turn means that the nominal value of the new shares, in the state of the world in which he gets them, is $1 trillion. Embarrassing for everyone.
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Tesla shareholders approve Musk's $1T pay plan with 75%+ voting in favor
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Musk on track to become world’s first trillionaire after Tesla vote
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Tesla delays reveal of production Roadster 2 to April Fools' Day
Electric / Self Driving cars
Edumacationalizing / Acedemia Nuts
Info Rental / ShowBiz / Advertising
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In Philadelphia, a young nonprofit buys a century-old magazine
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V for Vendetta Will Return to Cinemas for Its 20th Anniversary in 2026
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YouTube TV's Disney blackout reminds users that they dont own what they stream
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Whoops: 'Smart' Vacuum May Be Broadcasting a 3D Map of Your Home
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Epic and Google agree to settle their lawsuit and change Android's fate globally
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FBI Tries to Unmask Owner of Infamous Archive.is Site
The FBI subpoena says it is part of a criminal investigation, though it does not provide any details about what alleged crime is being investigated. Archive.today is also popularly known by several of its mirrors, including archive.is and archive.ph.
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The 40-year economic mistake that let Google conquer (and enshittify) the world
TechSuck / Geek Bait
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Countdown To Pi 1 Loss Of Support, Activated
no need to panic just yet, as the support is going not for the mainstream Debian releases, but the unstable and experimental ones. The mainstream Debian support period for the current releases presumably including the Debian-based Raspberry Pi OS extends until 2030, which tallies well with Raspberry Pi’s own end-of-life date for their earlier boards.
AI Will (Save | Destroy) The World
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Sam Altman Loses His Cool When Asked About OpenAI's Minuscule Revenue
During a recent interview with podcaster and OpenAI investor Brad Gerstner, Altman lost his cool when he was asked outright how it all adds up. “How can a company with $13 billion in revenues make $1.4 trillion of spend commitments?” Gerstner asked him. “You’ve heard the criticism, Sam.” “If you want to sell your shares, I’ll find you a buyer,” a taken-aback Altman replied curtly. “Enough.” Surprised by the confrontation, Gerstner let out a laugh in response.
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How will OpenAI cover its heavy spending? It wants the government to help
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Is OpenAI Becoming Too Big to Fail? – It Is Certainly Trying
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OpenAI probably can't make ends meet. That's where you come in
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OpenAI asks U.S. for loan guarantees to fund $1T AI expansion
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In an onstage interview at the Wall Street Journal’s Tech Live conference in California on Wednesday, OpenAI CFO Sarah Friar suggested the market is overly focused on anxiety about a possible bubble in the artificial intelligence sector and should muster more “exuberance” about the technology’s potential. “I don’t think there’s enough exuberance about AI, when I think about the actual practical implications and what it can do for individuals,” Friar said “We should keep running at it.”
Federal loan guarantees would "really drop the cost of the financing," she explained, enabling OpenAI and its investors to borrow more money at lower rates to meet the company's ambitious targets. Because there is nothing like a company with $14BN in revenue, $1 trillion in "valuation" and $1.4 trillion in commitments, than loading up to the gills with government backstopped debt. See, if only Enron and Lehman could do the same, both would still be around. The proposal -- unusual for a Silicon Valley tech giant -- would theoretically reduce OpenAI's borrowing costs since the government would absorb losses if the company defaulted. Such guarantees would also dramatically expand OpenAI's potential lender pool, as many banks and financial institutions face strict limits on high-risk lending.
Asked for clarification, an OpenAI spokesperson said Friar was speaking in the context of the broader AI industry. There are currently no immediate plans about OpenAI pursuing a federal backstop, the spokesperson said.
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Trump AI czar Sacks says 'no federal bailout for AI' after OpenAI CFO's comments
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Nvidia's Jensen Huang softens his 'China will win the AI race' remark
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Google planning powerful AI data centre on tiny Australian Indian Ocean outpost
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Snap and Perplexity sign $400M deal to put AI search directly in Snapchat
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Thoughts by a non-economist on AI and economics – Windows On Theory
If it is 50m new employees this would be about 18%, and if AI doubles the workforce then the growth would be ~50%. Of course, the number of AI “virtual workers” could potentially be orders of magnitude more, at which point these calculations are likely not to make much sense. (There is a book called “One Billion Americans” but I think even its author did not ponder what would happen if there were one trillion Americans…)
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Refund requests flood Microsoft after tricking users into AI upgrades
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AI is changing jobs fast, Australians wonder how they'll stay relevant
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AI's capabilities may be exaggerated by flawed tests, according to new study
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How much wealth would be destroyed by an AI stockmarket crash?
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AI Power Users Are Impressing Bosses and Leaving Co-Workers in the Dust
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Gemini AI to transform Google Maps into a conversational experience
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Chaos and lies: Why Sam Altman was booted from OpenAI according to new testimony
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Bombshell report exposes how Meta relied on scam ad profits to fund AI
Space / Boomy Zoomers / UFO
Economicon / Business / Finance
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counting shutdown furloughs?: US layoffs for October surge to two-decade high
Cost-cutting was the top reason for the layoffs in October, followed by artificial intelligence, while "DOGE Impact" was the leading reason for job cuts in 2025.
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Builders Are Offering Mortgage Rate Discounts. Home Buyers Aren't Biting
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'Jenga Tower' US Economy Teeters as Middle Class Pulls Back Spending
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S.F. homes are selling at the fastest rate among large U.S. cities
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Meta tumbles as investors compare its AI spending splurge to metaverse missteps
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Federal Reserve has injected $125B into the U.S. banking system
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Fed's Hammack Says Inflation a Bigger Concern Than Labor Market
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Judge Agrees to Dismiss Boeing Criminal Case Tied to 737 MAX Crashes
Gubmint / Poilitcks / Law Making
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Judge orders White House to use American Sign Language interpreters at briefings
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ICE plans to open call center to help law enforcement locate unaccompanied minor
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Association of Coca-Cola, Nestlé, General Mills Urge Congress to Ban Hemp
- The snack industry should be broadly in favor of cannabis. The alcohol industry shows the effects already; people are saying things like "imploded" ... private equity quality degradation and "illusion of choice" meets a free market; guess who won?
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US Supreme Court lets Trump admin require gender at birth be listed on passports
Trump
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Key Justices Cast a Skeptical Eye on Trump's Tariffs
It seems that shortly after Solicitor General John Sauer sat down, headlines started popping up with a consistent description: the Justices asked "skeptical" questions of the government. Indeed, I suspect these headlines were written formed before Neal Katyal finished his argument for the Respondents. The live-streaming of oral arguments has been a welcome development. But perhaps one drawback is that people make their assessments of big cases before they are over. And once a narrative takes old, everyone seems to glom onto it. As usual, I have an unorthodox take.
Contrary to the hot takes, I think the government ekes this one out. The vote might be weird. What happens if Justice Gorsuch finds that the best reading of the statute is that the President has the authority to issue the tariffs, but then holds that such a delegation of authority violates the non-delegation doctrine. If four other Justices agree with Gorsuch's reading of the statute, there are five vote to uphold the statutory delegation. I don't think anyone other than Justice Thomas might join Gorsuch on the constitutional argument. In that case, the tariffs survive. This might be akin to Justice Powell's vote in Bakke. Or, if Chief Justice Roberts decides he wants to keep this case for himself, he will give the fifth vote to uphold the statutory authority, with many limiting principle. Ultimately, I think I wind up where Justice Gorsuch did: the statute likely confers the authority on the President to impose regulatory tariffs, but that capacious delegation violates the non-delegation doctrine.
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Revealed: The devastating memo that plunged the BBC into crisis
The document, written by former journalist Michael Prescott and sent to the BBC board, exposes a string of incidents that demonstrate serious apparent bias in the corporation’s reporting. They include evidence that BBC Panorama “doctored” a speech by Donald Trump to make it wrongly appear as though he directly called for violence on the day that his supporters stormed the US Capitol. Mr Prescott, who until June 2025 was an independent adviser to the BBC’s Editorial Guidelines and Standards Board, also highlights serious problems with BBC Arabic’s reporting on Gaza, in which it apparently gives extensive space to the views of Hamas. Elsewhere, he raises concerns that a unit of rogue LGBT+ reporters is censoring coverage of the trans debate, and highlights how the BBC’s own flagship fact-checking service, Verify, produced a “thoroughly wrong” report suggesting car insurers were racist. Mr Prescott’s warnings were ignored by senior executives.
Democrats
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This is not the positive accolade they think it is: Europeans recognize Zohran Mamdani's policies as 'normal'
Left Angst
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FAA to cut flights by 10% at 40 major airports due to government shutdown
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Ohboy more ways to express political angst when the Democrats are in power, then? Man who threw sandwich at US border agent not guilty of assault
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Tech Billionaire Marc Andreessen Bet Big on Trump and It's Paying Off
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Norman Rockwell's Family Hits Out at Homeland Security over Social Media Posts
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Tear Gas, Pepper Balls Among Weapons Deployed Against Illinois Protesters
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Government 'propaganda' techniques portray Chicago as a city at war with feds
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DHS offers "disturbing new excuses" to seize kids' biometric data, expert says
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H-1B Visa Hopefuls Are Shut Out of Job Market Amid Trump Fee Changes
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Foreign Food Safety Inspections Hit Historic Low After Trump Cuts
Law Breaking / Police / Internal Security
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Feds seize $15B from alleged forced labor scam built on "human suffering"
On Tuesday, federal prosecutors unsealed an indictment against Chen Zhi, the founder and chairman of a multinational business conglomerate based in Cambodia. It alleged that Zhi led such a forced-labor scam operation, which, with the help of unnamed co-conspirators, netted billions of dollars from victims.
External Security / Militaria / Diplomania
World
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England prison chiefs summoned to meeting with ministers over wrongful releases
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The Louvre's video security password was reportedly 'Louvre'
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Landmines that sparked Thai-Cambodia clash were likely newly laid, experts say
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Canada's new budget aims to lure U.S. researchers to relocate
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Who thought it was anything but a boondoggle to begin with? End of The Line: how Saudi Arabia's Neom dream unravelled
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UK agri dept spent millions upgrading to Windows 10 – in time for end of support
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Gold, guns and cartels: The battle for a billion-dollar mine
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German nurse gets life in jail after murdering 10 to reduce workload
Israel
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Hamas fighters are stuck in tunnels in Israeli-controlled Gaza
Hamas wants safe passage for up to 300 militants to Hamas-controlled territory. Israel wants them to surrender or to kill them. It is threatening to unravel the ceasefire.
Russia Bad / Ukraine War
China
Health / Medicine
Pox / COVID / BioTerror AgitProp
Environment / Climate / Green Propaganda
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As carbon markets collapse, what happens to forests they promised to protect?
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Bill Gates Gave $3.5M to Think Tank Run by Climate Crisis Denier Bjorn Lomborg
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Rapa Nui's catastrophic deforestation: Rats, not just humans, may be to blame
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One of the most destructive invasive species has arrived in Europe
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Official: The world will speed past 1.5 C climate threshold in the next decade
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Moderate warming may not doom humid subtropical forests' carbon storage
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Rare hyena behaviours caught on camera in new Attenborough documentary
