Yet More AI Bubble Worries, Now on Debt Side, with Wall Street Journal Featuring AI Datacenter Borrowing “Frenzy”
Peeling back another layer of the AI onion, today on datacenter financing.
Read more...Category Archives: Dubious statistics
More and More Young People Disengaged from Work and Social Contact
Unemployment among young graduates has hit a sustained high level in many countries, which will produce further social and economic harm.
Read more...Has Ed Zitron Found the Fatal Flaw with OpenAI and Its Flagship ChatGPT?
The Financial Times has re-reported cautious but devastating-looking findings by Ed Zitron on OpenAI’s inference costs and truthfulness.
Read more...Another Shutdown Cost: Skewed and Limited Private Data as Economic Hazard
Due to the shutdown, official economic data has slowed to a crawl. Policymakers, markets, and citizens are turning to private-sector numbers.
Read more...Food Inflation: The Price Spikes of Beef, Coffee, Eggs, and Dairy
CPI for food at home has surged by 30% since January 2020.
Read more...OpenAI Slipped Shopping Into 800 Million ChatGPT Users’ Chats − Here’s Why That Matters
What happens when surveillance pricing meets the AI hype?
Read more...Coffee Break: Politics and Science and Politics, a Coral Catastrophe, Mamdani, and the New ICE Age
Part the First: Politics and Science. It will be s surprise to no one that autism is somewhere nearby: Inside FDA, career staffers describe how political pressure is influencing their work. The inquiry came in August and struck scientists at the Food and Drug Administration as highly unusual. The leader of the center that regulates […]
Read more...Winning with Misinformation: New Research Identifies Link Between Endorsing Easily Disproven Claims and Prioritizing Symbolic Strength
A new study probes attitudes that are correlated with receptivity to more extreme misinformation claims.
Read more...Financial Institution Leaders Issue More Warnings of Equity Market Froth, Dodgy Debt Bombs
Financial firm heads are making admissions against interest. Further discussion of apparent and potential risks.
Read more...Waiting for the Wheels to Come Off as Jamie Dimon, the IMF and Bank of England Warn of Damage of an AI Bubble Burst
A look at the increasingly expected AI bubble implosion and what the impact might be.
Read more...RFK, Jr. Push to Falsely Treat Autism as Produced by Vaccines Would Break Vaccine Injury Scheme, Potentially Risking All US Vaccines
RFK, Jr. really does act like he is out to stop vaccines in their entiretly in the US. That’s the most logical explanation for his latest push
Read more...The AI Bubble and the U.S. Economy: How Long Do “Hallucinations” Last?
Why the AI, as in Artificial Information, bubble looks primed to pop soon despite it being a top bipartisan project in the US.
Read more...“AI Makes Past Hype Cycles Look Tame”: PitchBook on the Stunning Venture Capital Mania for AI
At these venture capital AI valuations, “exit hurdles become exceptionally large.” That translates into “Look out below!”
Read more...Coffee Break: Autism, Universities, Gene Therapy for HD That Works, More Anti-Vax Nonsense, and Making America Greater, or Not.
This is Naked Capitalism fundraising week. 139 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, PayPal. Clover, or Wise. Read about why we’re doing this […]
Read more...What Slowdown? Q2 GDP Growth Revised Up to Hot Zone of 3.8%, Stronger Consumer Spending & Private Fixed Investment
The second upward revision of GDP is a headscratcher in light of other data and on the ground reports. Can readers help make sense of this?
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