Screwball

I'm old, and I don't understand how this **** still goes on. WTF are we doing? We know of the Epstein class, and that's only part of the grand perversion that's been going on for how long? We can name names. Nothing - ever - happens. Other than a sacrificial sucker every once in a while. How can Maxwell be convicted and sitting in jail for trafficking humans and the perps walk the street????? Come on! Then there is this news from Ohio. On a much smaller scale with who knows how many more victims. Who knows how widespread this is. It should be easier on the smaller level to rat these people out. They are not rich celebrities with power and influence. I really don't get it. This one hits close to home. I know a guy on that list. He was a classmate of one of my sons. We were shocked to hear it. Came from a good family. Something went wrong somewhere. I honestly don't know what to think of the world we live in today. We have lost our way.

No! Tell us this isn't so. With markets at all time highs no less. Nation’s largest public pension fund plagued by secrecy and underperformance, probe finds - Bubblevision There is never only one cockroach. This fund has been a swindle for years. And we are at high tide.

Nobody's going in there expecting to carry out an agenda for some dip**** president, Trump, or any other before him. That's not how it works. Don't be silly.

I just picked this as a random article. Doesn't matter who you get it from the story is pretty much the same. What a sick ****ing world we live in, and these people are pikers compared to the Epstein class who runs the world. 122 people arrested in Ohio human trafficking crackdown: "Operation Spring Cleaning" Don't know why this doesn't get more national news. But I guess the perverts all know the other perverts. As a parent...

Warsh is one vote. The FOMC has 12 people so it ain't up to him. What he said or how he voted in the past doesn't mean ****. They are all a bunch of puppets for the pigmen banks who run the world - same bunch underwriting the Space X IPO. Neel Kashkari - of all ****ing people - is a voting member of the FOMC. Might has well have Jim Cramer or Paul Krugman. As much as these highly educated financial wizards think they can control their mandates - which has already been proven an utter failure - the "market" does what it does. The "market" is "we the people." You can only fudge numbers and bull**** for so long - then reality sets in. These people are not going to fix ****, shouldn't be trusted, or listened to. And wait until we get to bail out the banks again.

That's because we are so ****ed up we couldn't pour piss out of a boot if the directions were on the bottom.

I hope it pukes on IPO day, but it won't. What a ****ed up mess. The pigmen will make money so it's all good. We are playing in the secondary market anyway. In other news, this pertains to NVDA. Stock isn't doing much today after the earnings report last night. This may be part of the reason why. Nvidia says it has ‘largely conceded’ China’s AI chip market to Huawei Also, market related. The bellwether WMT reported this morning. Not so good. Stock down around %8.

Oh my! I'm sorry I asked. The pigmen are happy once again. This is nuts. From my Debbie downer side, these IPO's are chasing the bubble before it blows the **** up. For those who don't follow, from Investopedia a primer on stock float; Understanding a Company's Float: Key Facts for Investors Float's only a part of this but helps understand. There is all kind of stuff going on here. Once again, proud of the pigmen; the swine crook swindlers and criminals they are. But hey, they run the world. It's good to be the king. Then I had to look. The question - who is the bank behind this? The usual suspects!!!!! That's ****in funny right there. Who could have possibly saw that coming?

After hours chart porn is pretty uneventful. I don't know what that means. In related market news, and I'm not following like I used to, but the Space X stuff - from NBC; SpaceX confirms plans for an IPO that could make Elon Musk a trillionaire FTA: Next month? Doesn't an IPO of this size take longer than that? Who's the bank? Like I said, I don't follow the casino much other than to look at the chart porn. Has this been going on for a while?

Related; NVDA reports earnings tomorrow after the bell.

The best way to secure your network is to hire a security expert that was a hacker. *** I can't think of too many good things about the AI revolution. It's not good for schools (I was a professor), it's not good for the manufacturing / design world (I was an engineer), and it's not good for our energy grid and the resources needed to cool it. For society as a whole to grow and flourish, you need energy. Building huge data centers that consume massive amounts of energy, along with massive amounts of water is a disservice and huge misallocation of investment capital to the public at large. Once built, they don't employ enough people to make much difference, but they still eat the energy and water. We the people don't benefit. Already stories out there about data centers making people lives miserable who live close by. Higher bills, water problems, noise, etc. I talked to a guy who works for a concrete company working on a data center in mid-Ohio that need 8 trucks with generator's running 24/7 to power the damn thing. They would also need to be re-fueled on a regular basis. Probably has online power to and electric company that can't supply enough. What exactly, is so good about this? Who does it benefit? And for what? So we can ask it how to fix our car, or write some code? And hope it's right? Plenty of stories about that too, and not all have happy endings. I remember when renewable energy was the thing. First thing that was said is we need to improve our infrastructure. Without a doubt. Our power grid needs a massive upgrade for EV's, charging stations, wind farms, solar farms, hydro or nuclear. Massive upgrades. Add in cryto mining that uses the power of small countries/cities...Now the AI craze... Good ****ing luck with all that. There is a local company here who runs electric lines all over the state. Huge money. It's all for data centers according to the warehouse manager I talk to at the local **** hole bar. They are working for the electric companies like AEP. This might be the only good thing about this - new and improved transmission and distribution lines that may eventually do some good other than feed the AI data center hunger when they turn into the failure they are destined to be. We'll see I guess. Of note; I have tracked my electric bill for about 5 years. AEP Ohio is the supplier, but I shop for my electric rates. AEP has 3 charges; transmission, distribution, and customer charge. The customer charge has been $10.00 a month as long as I remember. Last month, it went to $13.50. I wonder why?

I'm in total agreement, but let's take it a step further. I think many who pay enough attention know the downside to this AI craze, including the massive market bubble, but many many others don't. They think it is the next best thing, the latest and greatest, and it will make our lives better. Look what we can do now, think what we will be able to as time goes on. They have a point. But... Where the computer world really changed things was time. They took math, therefore physics, and turned them into zero's and ones. IPS they call it - instructions per seconds. The rest is history. A football size room full of drafting boards using pencil, paper, a mechanical arm, and a slide rule used to design our cars, homes, bridges, airplanes, and the NASA crafts. The binary number system was the Oscar winner when it came to computers. But this AI stuff isn't the same thing. The internet has been a huge step forward for everyone, without a doubt, but it comes with a price. Usually jobs, because that's how things work. Zero's and ones gave us computers, CAD systems, CNC machines, and robots - the physical AI that can do manual labor (and a whole bunch of other things - like being armed). It always starts with the blue collar workers, then the white collar. Physical jobs, then mental jobs. Indirect labor they call us. This will be no different, except if this isn't all it's cracked up to be, and I don't think it is; the damages might be very bad. Company commits to AI, fires people because AI will do their job. Doesn't work, can't hire anyone back. Then what? And everything is all ****ed up because of bad decisions like this. In the quadrant lesson on efficient production from an Edward Deming class they are in the state of chaos. Don't know how to get out. And AI won't work, because it can't. We are teaching it, not the other way around. It can't know what I know because it didn't do what I did for 40 plus years. Doesn't matter the job. There are things we know because we know. I can't explain that, but it's true. We have a hard enough time teaching humans how to do their job FFS. We are training these bots, their fine print tells us that. It's the only way it can work. This is all fool's gold. Still reminds me of crazy Teddie the Uni*omber. He was a Luddite. For those who like to read, long article from April 2000 by a guy named Bill Joy, chief scientist of Sun Microsystems and Java language expert. Why the future doesn't need us - Wired magazine

Good. Here in the hated land of Ohio, they have put together a commission to study this. Might be the second group. I don't know where that will go. There is also a movement to stop them if too big. Ohio lawmakers create bipartisan committee to get 'accurate, relevant' info on data centers - statehouse news bureau FTA; We'll see where that goes. One of the problems, as usual, so many don't understand what the ramifications are. A local guys who covers news ran an article on FB a few weeks ago about the data centers. He is all for them and thinks they are the future. Someone chimed in about the "bad" parts of this and some went ape-****. How dare someone talk about not wanting this. One guy was told; you just posted on FB. How do you think you could do that without this stuff? Look at all the pictures on FB - we wouldn't have that without this. What the hell is wrong with you? OK. Dude, this stuff was here long before these data centers and AI, just so you know. I have no doubt if there is a way to **** this all up they will find a way to do it.

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI - Fortune What could possibly go wrong?

From the movie Office Space - so fitting.