Time Bomb: How Uninsured Stablecoins and Crypto Derivatives Threaten Financial and Economic Stability
Why stablecoins are another finanical train wreck in the making.
Read more...Category Archives: Technology and innovation
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...A Front Line Report of AI Damage to the Job Market
Informative, if also distressing, detail on the havoc AI is wreaking on the job market, particulary for the young.
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...What Does All the Justice Department Sleaze Mean for Your Rental Housing Costs?
The Biden DOJ closed a price- and wage-fixing loophole from the days of Clinton. Is Trump about to reopen it?
Read more...The Warning Signs Are Clear: We’re Heading Toward a Digital Crisis
Quelle surprise! No one would dare bulld a car to the standards used for digital systems and products, and a crash seems baked in.
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...AI Will Soon Have a Say in Approving or Denying Medicare Treatments
The Trump Administration plans to launch a new war against citizens, here via a pilot scheme to use AI to cut Medicare services.
Read more...Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...Small Nuclear Reactors Will Not Save The Day
Debunking small nuclear reactor hype.
Read more...U.S. Military Leaders Plan to Use the Killing of Charlie Kirk to Boost Recruitment. Will It Work?
The armed forces face much bigger problems than can be solved by a useful martyr and a catchy slogan.
Read more...Proof of AI Garbage In, Garbage Out: Incorrect Results Traced to Reddit and Quora
As bad as you thought AI was, it’s worse.
Read more...AI Chatbots Need Guardrails to Protect Users’ Mental Health
Chatbots are designed to be addictive and have produced psychotic behavior. But suppliers have yet to implement protective features.
Read more...‘Incredible Corruption’: Blockbuster Report on Trump Crypto Grift Leaves Observers Stunned
The New York Times described how the UAE got a real solid from Trump after a monster investment in Trump’s family crypto venture.
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