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...Category Archives: Dubious statistics
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?
Read more...US Medical Care Set to Fracture Over MAHA as States and Physicians Groups Break With Administration Recommendations, Plan to Fund Own Research
How an informational civil war is starting in the wake of MAHA.
Read more...The Dollar: Ripples Presaging a Financial Tsunami
A detailed analysis of the poor prospects for dollar hegemony and the forces that could trigger a sharp unwind.
Read more...Quelle Surprise! CEOs Overwhelmingly Negative on Trump’s Economic Policies as Shallow Fed Rate Cut Confirms Stagflation Worries
Even a bastion of Republican support, CEOs, has soured on Trump’s economic policies, as the damage to regular citizens mounts.
Read more...Are We Offloading Critical Thinking to AI Chatbots?
Research, much of it by companies with deep investment in AI, suggests that chatbot interactions alter how users think.
Read more...Debate Over Conflicts of Interest at Top Pediatrics Association: What About Corruption in Medicine Generally? And With RFK Jr.’s MAHA Brand?
American medicine is rife with conflicts of interest and soft corruption. Don’t kid yourself that RFK, Jr. and his allies are any better.
Read more...Financial Times Study, Finding Blacks Twice as Likely as Whites to Have Mortgage Applications Rejected, Reignites Debate Over Discrimination
A Financial Times study stirs the pot with a new analysis: blacks and other out groups still face considerable discrmination in lending
Read more...“At CDC, Worries Mount That Agency Has Taken Anti-Science Turn”
How the debate over RFK, Jr. imposing big policy changes at the CDC illustrates the depth of tribalism in American discourse.
Read more...U.S. Utilities Put in a No-Win Position by Phantom Data Centers
AI players are gaming utilities, and creating high odd of bad outcomes for other customers, by making duplicate orders for power.
Read more...Jim Chanos on Crypto, AI, Dodgy Statistics, and Casino Capitalism
Chanos looks at a broad range of investment hot topics, from cypto to AI, and sees vastly more speculation than value creation
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