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This is the better candidate. Of the options, he was the one saying “tax the ritch”, “Israel is committing genocide” and “Medicare for all”.
Both centrists democrats and republicans are terrified of him and digging up anything they can and running disinfo campaigns to discredit him.
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He… had a deathshead tattoo that he got while drunk on leave from the marines in Croatia. He didn’t know what it was other than “cool skull” and got it covered when he found out what it was.
He also was the only person in the race saying “tax the rich” and “Medicare for all”
I mean, it’s built on chrome, like opera and edge, so if Google is on the war path they’re probably not safe long term.
I suppose they could hard fork the web engine, but, that means they gotta develop a web engine which is a whole other can of worms.
If Google is out for blood on this, only browsers built on WebKit or Gecko would be safe.
I think a lot of people will brush it off what ever happens with SpaceX because Xai is the weakest of the big model providers. I don’t think we’ll even get to the openAI IPO. I think the S1 or IPO from anthropic will be the real kicker, because they’re the darling at the moment. The one that seems to have the most momentum and business customers.
If their S1 turns out to be utter dog water and/or their IPO flops, that’s when the real panic comes. When people say “oh crap, these GPU data centers don’t have customers that can make money”, and that narrative will hit all the people building data center and all the people selling hardware to them. Amazon, Google, Microsoft, Nvidia, that’s like… what, 25% of the S&P 500? That seems like a big enough hit to catch a lot of other stuff in the blast radius.
i looked up the story I had read a while back, and sundar was not the head of ads, but had just become the ceo after having been on the board of directors, and the issue was kicked up to him when Ben Gomes refused implement changes that Prabhakar Raghavan of ads wanted. later Gomes left the company and was replaced by Raghavan as head of search.
This all coming from internal emails and memos that were released as part of the anti trust case summarized in this piece which does a very good job of sourcing individual claims by pointing to specific emails and memos, although, the author is very… passionate in their coverage.
Part of me feels like google is comfortable allowing their traditional search experience to languish because it makes ai more necessary
Oh, it’s so much worse than that, Google intentionally made it worse around 2019 so that people would do multiple searches and scroll to second pages, thus increasing the amount of ad impressions and user time spent on the site. There were several email back and forth between the head of search and head of advertising, with the head of search adamantly refusing to implement the changes. Eventually he ended up leaving despite having been at the company from the beginning, due to this disagreement. The head of advertising during this? He’s the head of search now.
Replacing search altogether with AI summarization is just a continuation of that, instead of delaying customers going to other sites, prevent them from going to them all together.
To clarify why the S1s are so important here. There are a ton of laws that prevent companies that have their shares bought and sold on public stock markets from outright lying about the state of their business to the public. This is to ensure that companies can’t just lie to push up share prices.
Since the most important model providers are currently private, they have not been bound by these laws and have basically been allowed to say what ever they want. With them going public, and the release of the S1s, they need to publicly display accurate financials, not just vague and un verifiable numbers.
The question of “is this just a fad or is this a revolutionary technology that will reshape the economy” is easily answered if we have accurate accounting of the costs to run these business.
This stuff has been there. Just not much reporting or investigation has been done on it, instead a lot of news outlets focused on interviews with the heads of these companies and thoughtlessly reiterated press releases. Those who have criticized it have mainly just done so in ways that play in to the narrative convenient for the industry “but what if it’s TOO good?”.
The failure of tech journalism on this topic has been frankly catastrophic.
To break even on operating expenses, not even counting debt payments, depreciated capital value, or future recapitalization costs.
Just gotta configure and tweak until it gives outputs you find indistinguishable from correct. Just gotta train it to gaslight you properly. Come on don’t you want to be given and endless stream of stuff that looks correct?
The data center builders and operators are running behind on basically every data center project, massive amounts of Blackwell are just sitting in warehouses right now because they loose money the moment they’re plugged in. New IT load for the operators isn’t even a third of the capacity of the chips sold to these companies. Most of the companies that got switched over to token billing by the model providers are pulling back and freaking out over a yearly “AI budget” annihilated in a quarter. The model providers wouldn’t have swapped to token based billing for enterprise clients if they didn’t have to. They’ve been pumping demand with hype and by selling at a fraction of operational costs. Reporting non-gap EBITA to hide what a mess the financials are.
The SpaceX S1 alone shows how insanely cash incinerating it all is. Can’t wait to see Anthropic and OpeAIs S1s. It’s gonna be hilarious.
The fact that they tried to get the rules changed so they could get listed on index’s as soon as they IPOd means they’re out of willing creditors and out of cash. They were attempting to dump equity on to 401Ks to pay out the private bag-holders who have been funding them to sell model access at massively discounted rates.
Even if people host models them selves, the era of constant slop deluge is over simply because all the players giving away access for essentially free are about to go belly up or pivot away from it to other business models.
Rein in corporations. Hold them to account and stop giving them the benefit of the doubt. Stop treating them as “job creators”. Shut them out of decision making and force them to actually compete.
That’s an uncomfortable position to take but it’s part of the fight voters want from them. They don’t just want a fight against trump, they want a fight against everyone enabling him and gleefully taking advantage of the chaos he’s creating.
I don’t think these companies are worth the value of the paper that their charters are written on. I don’t think many of them are going to last much longer, but he might actually be on to something here in terms of diffusing a massive financial fraud that’s about to happen in broad daylight.
The common wisdom right now is to just “put your money in an index fund, it’s safer and outperforms actively managed portfolios.” Which is to say, a fund that just buys a little bit of everything from a given list, rather than trying to pick stocks that someone thinks will do well, it creates a very diversified portfolio that is protected from anyone company fucking up by having the value spread over as many things as possible. Because many people just put their money in index funds now, getting listed in an index kind of guarantees that lots of people will be buying the shares consistently and thus consistently causing the price to rise over time.
To get in to these lists, normally, a company has to have been public for a while, generally about a year, and show profitability for a prolonged time. These rules have recently been changed though.
A bunch of the AI companies are doing initial public offerings (IPO meaning putting their shares on the public markets for the first time) in the next few months. And stating absolutely insane valuations. Because of the rule changes, they’re basically all getting immediately listed in index funds. And since they’re all targeting insane valuations, they’re going to automatically suck up a bunch of retirement money by default.
I’m not sure about anthropic and openAI on this next part, but SpaceX (which just “bought” Xai), is only going public with about 5% of it’s shares, so theoretically they can just trickle more shares on to the market to get bought up by index funds, and because supply of actual shares is artificially constrained, it will lead to massive overvaluation of those shares, taking up a disproportionate amount of money going in to index funds.
It’s actually fucking criminal that this is being allowed to happen, but because the rules for index funds and IPOs are set by financial institutions and stock exchanges, with very limited oversight by the government, they can just do this.
If the government were to take these 50% shares, it would kind of throw a wrench in the plans, since it would give the government the ability to sell those shares on to the market and stop the over valuation that allows them to take disproportionately from the index funds.
Most people saying that kind of thing don’t believe in electoralism at all. They don’t think voting is useful. They believe in a litany of other things as alternatives, specifics depend on the group and individual.
But I found most of the people in that camp also aren’t… doing any of the alternatives they like to suggest as meaningful. It’s more like excuses to not do anything, take a “holier than thou” position, or to avoid being associated with something that could fail.
Some anarchist groups actually do “mutual aid”, which is to say, charity work effectively. Which is commendable, but also, like, not a replacement for participating in the political system that currently exists.
They’re all moving to tokens based billing to stop the bleeding. The markets aren’t as willing to let them burn infinite cash on operating expenses anymore. A lot of the private investors see the writing on the walls, that these AI companies are not worth anywhere near the valuations, and propping them up to ensure further datacenter build out to keep Nvidia shares high is costing more than it’s worth.
A lot of the model providers are lining up for ipos to cash out their initial investors and dump the responsibility of the mess on the public markets. They have to jack their prices to pretty up their books if they want to cash out with an IPO though. The unlimited access for a flat monthly cost shtick was obviously never a viable business model. They’ve all been spending massively more on inference than they’ve been taking in subscriptions, and even with the changes to token based billing, they still will be.
Anthropic is claiming that they will have their first “profitable” month soon, but that’s actually just a magic trick of book keeping. They’re deferring some cost of compute for a few months, and accepting a bunch of pre payments from customersr. Basically pretending to have high revenue and lower cost by shifting when the payments are made. And then on top of that they’re jacking up prices and thus decreasing their demand with the shift to tokens.
Everyone is running around rearranging deck chairs on the datacenter titanic hoping they can keep their feet dry a little longer.
I know who he is because I’m a space nerd and follow congressional politics closely, and I like him, but I also know that most voters don’t pay attention to congressional politics, nor remember the kind of news stories he’s showed up in.
He would be a strong candidate… if he had a larger public profile with the average voter.
I like him, but the average voter doesn’t know about him. He doesn’t even rank in battle ground polling.
The average voter doesn’t know who mark kelly is.
They don’t know where he stands.
They know where AOC stands.
Of the commonly proposed candidates for 2028, she routinely preforms best in polling in battleground states.
What a nonsensical and useless statement.
Like, just, completely bad faith argument.
If you hate all US politics and see it all as hopeless and pointless why are you even commenting here?