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Post by missouriboy on Jun 27, 2024 12:12:03 GMT
its not hard to see from a poor mans view we are already in a recession ... food and fuel prices way out of control .. credit card debt up people losing there homes ... not much more they can take .. you know its bad when taylor swift buys a a truck load of food for the town shes playing in ? I come at this from a long-removed British-American perspective, So forgive me if I may may be missing some important historical elements. My ancestors solved this problem of Lordish control by leaving the Motherland for a new destination. Unfortunately, some Lords came with the mix. We largely shed them as we moved westward and acquired our own productive lands. But like weeds follow the plow, so do Lords follow the productive elements of society. They require regular applications of pesticide.
So maybe it's time for the common man (and woman) of the Mother Country to take their government(s) back ... and inform the unproductive (or minimally productive) elements of the Lords and their hangers on, who suck up more than they give back, that it's time for massive re-investment in local economies (aka jobs). A new Magna Carta between the people and the Lords. The Lords exist to serve the people. Not the other way around. This is not a Communist manifesto. And it wouldn't be the first time for such an occurrence. Watch out for the Bandits disguised as saviors.
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Post by gridley on Jun 28, 2024 11:27:42 GMT
its not hard to see from a poor mans view we are already in a recession ... food and fuel prices way out of control .. credit card debt up people losing there homes ... not much more they can take .. you know its bad when taylor swift buys a a truck load of food for the town shes playing in ? I come at this from a long-removed British-American perspective, So forgive me if I may may be missing some important historical elements. My ancestors solved this problem of Lordish control by leaving the Motherland for a new destination. Unfortunately, some Lords came with the mix. We largely shed them as we moved westward and acquired our own productive lands. But like weeds follow the plow, so do Lords follow the productive elements of society. They require regular applications of pesticide.
So maybe it's time for the common man (and woman) of the Mother Country to take their government(s) back ... and inform the unproductive (or minimally productive) elements of the Lords and their hangers on, who suck up more than they give back, that it's time for massive re-investment in local economies (aka jobs). A new Magna Carta between the people and the Lords. The Lords exist to serve the people. Not the other way around. This is not a Communist manifesto. And it wouldn't be the first time for such an occurrence. Watch out for the Bandits disguised as saviors.
Too late. They already handed over most of their arms and ammunition. |
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Post by missouriboy on Jul 2, 2024 22:12:51 GMT
I am not an economist. I do wonder however what would actually happen if we returned to the gold standard. People keep speculating. Fifty-three years and counting.
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Post by nonentropic on Jul 3, 2024 5:09:32 GMT
well we can't all be on the gold standard.
As point the depression was largely as a result of the gold standard, my version of it is that the money velocity fell and that obliterated aggregate demand, once it starts its very hard to stop.
the old economic saying, "if you think inflation is bad, wait till you its ugly sister"
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Post by walnut on Jul 3, 2024 12:07:59 GMT
well we can't all be on the gold standard. As point the depression was largely as a result of the gold standard, my version of it is that the money velocity fell and that obliterated aggregate demand, once it starts its very hard to stop. the old economic saying, "if you think inflation is bad, wait till you its ugly sister" There wasn't enough gold to go around back then, it would be so much worse now. I've noticed that when the price of silver goes up, new production always seems to quickly ramp up and the price moderates. So I don't know if a silver standard might still work. I don't think so, the modern world economy is many times too large. A properly functioning central bank managing a fiat money supply could be the best solution, if we could only trust those in charge to do it right. |
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Post by missouriboy on Jul 3, 2024 17:13:30 GMT
well we can't all be on the gold standard. As point the depression was largely as a result of the gold standard, my version of it is that the money velocity fell and that obliterated aggregate demand, once it starts its very hard to stop. the old economic saying, "if you think inflation is bad, wait till you its ugly sister" There wasn't enough gold to go around back then, it would be so much worse now. I've noticed that when the price of silver goes up, new production always seems to quickly ramp up and the price moderates. So I don't know if a silver standard might still work. I don't think so, the modern world economy is many times too large. A properly functioning central bank managing a fiat money supply could be the best solution, if we could only trust those in charge to do it right. Would seem that we cannot trust those with a budget vote NOT to spend money that they do not have ... no matter what the currency is backed by. They say ... No problem ... We'll just print more. And then they'll hedge against the inflation. Of course, the poor have nothing to hedge with. So ... the declines observed in the article would be expected? If a marginal low rate of inflation has kept the system healthy these past 50 years ... then it would seem that their greed has finally broke the bank? At what point do those sisters start to look equally ugly? If you don't have anything ... what matter inflation or deflation ... you can't afford either one. |
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Post by duwayne on Jul 9, 2024 0:32:06 GMT
On February 22 I asked Gemini (formerly BARD), the Artificial Intelligence APP, "what stocks are best for artificial intelligence?" The response is shown below. I've copied here only the words and left out the images (charts, logos). The stock prices and charts were not current and apparently were just the latest available from Gemini's files.
As a result of this reply, I bought 1 of these stocks the next day.
Gemini's reply to my question...
Logo for Gemini Apps
Gemini Apps
Prompted what stocks are best for artificial intelligence
Details
event
February 22 at 3:23 PM
apps
Gemini Apps
chat
Choosing the "best" AI stocks depends on your investment goals and risk tolerance. Here are some factors to consider:
Investment style: Are you looking for established companies with proven track records, or are you open to younger, high-growth companies with more risk?
Industry focus: Do you want to invest in companies that develop AI technology itself, or those that use AI in their products and services?
Risk tolerance: How comfortable are you with potential volatility in your investments?
Here are a few examples of AI stocks in different categories, along with their current stock prices as of February 22, 2024:
Established companies with proven track records:
Nvidia (NVDA): $693.32 - A leading manufacturer of graphics processing units (GPUs), which are essential for AI computing. Nvidia (NVDA) stock chart
Microsoft (MSFT): $312.20 - A major player in cloud computing and artificial intelligence research. Microsoft (MSFT) stock chart
Alphabet (GOOG): $3,079.14 - The parent company of Google, which is a leader in AI research and development. Alphabet (GOOG) stock chart
Younger, high-growth companies:
UiPath (PATH): $62.20 - A developer of robotic process automation (RPA) software, which uses AI to automate tasks. UiPath (PATH) stock chart
Palantir Technologies (PLTR): $8.87 - A company that specializes in data analytics and artificial intelligence for government and commercial clients. Palantir Technologies (PLTR) stock chart
C3.ai (AI): $18.89 - A provider of enterprise AI software and services. C3.ai (AI) stock chart
Companies that use AI in their products and services:
Amazon (AMZN): $3,914.00 - A leader in e-commerce and cloud computing, which uses AI in its products and services. Amazon (AMZN) stock chart
Tesla (TSLA): $217.35 - A manufacturer of electric vehicles that uses AI in its self-driving technology. Tesla (TSLA) stock chart
Netflix (NFLX): $228.36 - A streaming service that uses AI to personalize recommendations for its users. Netflix (NFLX) stock chart
Remember: This is not financial advice, and you should always do your own research before making any investment decisions. Consider consulting with a financial advisor to discuss your individual circumstances and risk tolerance."
I posted this AI selected list of "AI stocks" earlier this year. Since February 22 the S&P 500 is up 9%. 8 out of 9 of the stocks on the list are up more than the S&P 500, from 12% up to 63% for Nvidia. |
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Post by walnut on Jul 9, 2024 12:56:15 GMT
I saw an article on Fortune this morning that said that AI was "useless". ?
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Post by duwayne on Jul 9, 2024 14:35:17 GMT
I asked Gemini "What are the advantages of AI compared to previous systems." Gemini's response....
Artificial intelligence (AI) offers several advantages over previous systems, particularly in its ability to handle complex data and tasks. Here are some key points: Data Handling: AI excels at processing massive amounts of data (big data) that would overwhelm traditional systems. It can identify patterns, trends, and insights that humans might miss, leading to better decision-making. Reduced Errors: AI systems follow programmed instructions, minimizing human error which can plague manual processes and traditional software. Faster Decisions: AI can analyze data and make decisions much quicker than humans, especially for repetitive tasks. This can significantly improve efficiency and productivity. Continuous Learning: Certain AI systems, particularly those using machine learning, can learn and improve over time as they are exposed to more data. This allows them to adapt to changing circumstances and become more effective. 24/7 Availability: AI systems don't need breaks or sleep. They can function continuously, making them ideal for tasks that require constant monitoring or analysis. Overall, AI represents a significant leap in our ability to handle information and automate tasks. While it has limitations, its advantages are transforming many industries. |
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Post by walnut on Jul 9, 2024 15:22:59 GMT
Anyone who thinks that AI is useless is probably only using it for useless things. It is the dawn of a new era, for better or worse. I imagine AI helping to finally crack economically viable nuclear fusion, for example, and that will be applied to providing basically unlimited, nearly free energy to newly built stadium sized data centers, to in turn drive ever more powerful AI systems.
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Post by missouriboy on Jul 9, 2024 18:45:30 GMT
Anyone who thinks that AI is useless is probably only using it for useless things. It is the dawn of a new era, for better or worse. I imagine AI helping to finally crack economically viable nuclear fusion, for example, and that will be applied to providing basically unlimited, nearly free energy to newly built stadium sized data centers, to in turn drive ever more powerful AI systems. You could well be right. And what will the unemployed (unemployable) minion do? Wait in there 10x12 government provided urban caves for their periodic supply drops and dopamine supplements? Is H.G. Wells' Time Machine already playing out in our large urban centers? Will Cindy look down upon the mess from her data castle on the hill?
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Post by walnut on Jul 9, 2024 20:14:11 GMT
Anyone who thinks that AI is useless is probably only using it for useless things. It is the dawn of a new era, for better or worse. I imagine AI helping to finally crack economically viable nuclear fusion, for example, and that will be applied to providing basically unlimited, nearly free energy to newly built stadium sized data centers, to in turn drive ever more powerful AI systems. You could well be right. And what will the unemployed (unemployable) minion do? Wait in there 10x12 government provided urban caves for their periodic supply drops and dopamine supplements? Is H.G. Wells' Time Machine already playing out in our large urban centers? Will Cindy look down upon the mess from her data castle on the hill?
The dopamine supplement promise is intriguing and might make the whole Orwellian nightmare thingy less absolutely unacceptable. |
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Post by missouriboy on Jul 9, 2024 21:18:07 GMT
You could well be right. And what will the unemployed (unemployable) minion do? Wait in there 10x12 government provided urban caves for their periodic supply drops and dopamine supplements? Is H.G. Wells' Time Machine already playing out in our large urban centers? Will Cindy look down upon the mess from her data castle on the hill?
The dopamine supplement promise is intriguing and might make the whole Orwellian nightmare thingy less absolutely unacceptable. Soylent Green is people. I have become a fan of Radiohead.
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Post by ratty on Jul 9, 2024 22:11:24 GMT
Anyone who thinks that AI is useless is probably only using it for useless things. It is the dawn of a new era, for better or worse. I imagine AI helping to finally crack economically viable nuclear fusion, for example, and that will be applied to providing basically unlimited, nearly free energy to newly built stadium sized data centers, to in turn drive ever more powerful AI systems. I see more wind turbines and solar panels and - possibly - a change in the way we think about base load power? |
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Post by walnut on Jul 9, 2024 22:36:50 GMT
The dopamine supplement promise is intriguing and might make the whole Orwellian nightmare thingy less absolutely unacceptable. Soylent Green is people. I have become a fan of Radiohead.
Dirges and requiems. Spooky pop music. But yeah they're pretty good. |
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