That actually explains this stupidity doesn’t it …

Right - the entire stock market doesn’t make sense, doesn’t seem to stop Tesla or any of the other massively overvalued stocks. Btw stocks have been massively overvalued for over a decade, but that’s a different topic

So not any amount then. My point stands

Absolutely my point

It’s not a statement out of ignorance and it’s not a lie. Most people don’t try to move huge money around so I’ll illustrate what I had to go through - I had a huge sum of money I had in an online investing company. I had a very time critical situation I needed the money for, so I cashed out my investments - the company only cashed out via check sent via registered mail (maybe they did transfers for smaller amounts, but for the sum I had it was check only). It took almost two weeks for me to get that check. When I deposited that check with my bank, the bank had a mandatory 5-7 business day wait to clear (once again, smaller checks they deposit immediately and then do the clearing process - BIG checks they don’t do that, so I had to wait another week). Once cleared, I had to move the money to another bank, and guess what - I couldn’t take that much cash out, daily transfers are capped at like $1500 or whatever they were, so I had to get a check from the bank. The other bank made me wait another 5-7 business day as well, because the check was just too damn big.

4 weeks it took me to move huge money around, and of course I missed the time critical thing I really needed the money for.

I’m just a random person, not a business, no business accounts, etc. The system just isn’t designed for small folk to move big money

I have a dirty suspicion that the “where’s the ROI?” talking point is actually a calculated and collaborated strategy by big wall street banks to panic retail investors to sell so they can gobble up shares at a discount - trump is going to be pumping (at minimum) hundreds of BILLIONS into these companies in the near future.

Call me a conspiracy guy, but I’ve seen this playbook many many times

I disagree - before Bitcoin there was no venmo, cashapp, etc. It took weeks to move big money around. I’m not saying shit like NFT’s ever made sense, and meme coins are fucking stupid - unfortunately the crypto world has been taken over by scammers - but don’t shit on the technology

Honestly none of this means anything at the moment. This might be some sort of calculated trickery from China to give Nvidia the finger, or Biden the finger, or a finger to Trump’s AI infrastructure announcement a few days ago, or some other motive.

Maybe this “selloff” is masterminded by the big wall street players (who work hand-in-hand with investor friendly media) to panic retail investors so they can snatch up shares at a discount.

What I do know is that “AI” is a very fast moving tech and shit that was true a few months ago might not be true tomorrow - no one has a crystal ball so we all just gotta wait and see.

And that mathematician won’t see the profits for that faster algorithm and you will never hear their name - shits been happening in tech for decades

Typical Divide and conquer - Stop demonizing people who work for a living - it’s no different than demonizing every single American because of US foreign policy. Blame those at the top making their greedy decisions and the puppet masters behind them.

I feel this is all moot. When we run out of fossil fuels and go off the energy cliff, the nuclear facilities will basically build themselves, assuming there will be anyone around that will even know how to build a nuclear reactor

Meta is just going to scrub all the Cara content into their AI system anyway. They have no fear because there are no real consequences

I refuse to pay for a subscription where I don’t own the music. CD’s, records, tapes - I still do it. I do need to start ripping mp3’s off YouTube more though - just a matter of time before shit starts disappearing

What about xmms? It was basically a winamp clone, I used to use that on my Linux boxes 20+ years ago

Nothing wrong with how it was done back then, I still do the same today

I bought someone a Vitamix once - I was sort of shocked I was able to throw stuff in it, blend it, turn up the speed, and the blended stuff came out hot and consumable as a hot soup. It was easily cleanable, motor is strong, and just consistent and reliable. I suppose I had sticker shock too, but after seeing them in action, I feel it is top end stuff that one would happily pass on to kids, but I don’t use a lot of blenders to really compare

I will totally agree with you it all does come down to money, but I feel Apple/Tim Cook is still principled in this regard - he has made a stand that the customer is not the product, and the investors/share holders appear to respect this boundary so far. All that is needed is a shithead CEO to come in and squeeze every cent, which at that point might very well be to monetize users like Google. Anything can change tomorrow.

Btw I’m a hobbyist security researcher, and the more I study Apple/iOS/MacOS, the more impressed I am. I don’t actually have any apple devices, but I’m really starting to consider it

Inb4 Linux

True - show me proof Apple monetizes it’s users, then we can continue this discussion

Let’s be real here, google and every other company sells you out to their advertisers instantly and even double dip and triple dip on your info wherever they can. Apple doesn’t and they take their security seriously. Feds are always crying about how hard it is to break into iphones, telcos are complaining how apple protects it’s users (because telcos have an interest in monetizing those apple users), and the payouts for finding security vulnerabilities for apple products are very high.

Google and apple are absolutely on different ends of the spectrum of user privacy and security

Why do they have movies on planes? Are we not all pilots on a plane too? Never saw someone with kids in a car 🤣