(I get the feeling we’re close to this bubble’s end.)
Anyways, welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.
Any awful.systems sub may be subsneered in this subthread, techtakes or no.
If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.
The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)
Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.
(Credit and/or blame to David Gerard for starting this.)
I want this to matter but stock market stuff is all fake anyway.
People say something like “1.2 trillion wiped out” but stocks aren’t actually tied to anything anywhere near their actual value (dividends) and it’s only ever a tiny volume being traded anyway. Most stock trading is indistinguishable from meme coins.
NVIDIA has enough control over actually valuable technology that they don’t particularly need to be able to raise additional funding to continue turning the world’s chips into stacked boxes in a Taiwanese warehouse.
I mean if it keeps going down its going to be pretty bad news for Anthropic’s IPO
I think anthropic’s business model is bad news for their IPO. Nvida stocks be damned the filing is fucking hilarious.
putting ‘we dont know if we’ll ever be profitable’ in the IPO filing was definitely a brave move, I’ll give them that