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Cake day: June 30th, 2023

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  • Well nVidia just sells the hardware to the AI companies, so even if the bubble pops, they won’t go bankrupt.

    Except all those companies are in an investor circle jerk with each other…

    If AI bursts it doesn’t just hurt nvidia’s sales of products used by AI.

    Nvidia has over $100 billion invested in OpenAI:

    https://www.cnbc.com/2025/09/26/nvidias-investment-portfolio.html

    And even more billions invested in other AI companies. Because the AI companies can’t afford to buy what Nvidia is selling at the price.

    This means Nvidia “owns” a bunch of those AI companies, and can take loans out on the valuation…

    If AI goes bankrupt, all those investments are worthless, which means banks call in the loans that used it as collateral. It could easily wipe out Nvidia.

    It’s not just one surface level thing, even tho that’s all you seem to have thought of. You’re worried about a couple hundred million in sales like it’s not sitting next to 100 billion dollar loan.

    Like bro, come on man…


  • There are pretty strong arguments about leaded gas being responsible for much of beginning of the drop, the Biden’s economic recovery plan for the latter part

    Some of us are old enough to remember when Biden took credit for the first unleaded drop for his “super predator” crime bill him and Hillary came up with in the 90s.

    “We have predators on our streets that society has in fact, in part because of its neglect, created,” said Biden, then a fourth-term senator from Delaware so committed to the bill that he has referred to it over the years as “the Biden bill.”

    “They are beyond the pale many of those people, beyond the pale,” Biden continued. “And it’s a sad commentary on society. We have no choice but to take them out of society.”

    In the speech, Biden described a “cadre of young people, tens of thousands of them, born out of wedlock, without parents, without supervision, without any structure, without any conscience developing because they literally … because they literally have not been socialized, they literally have not had an opportunity.” He said, “we should focus on them now” because “if we don’t, they will, or a portion of them, will become the predators 15 years from now.”

    Biden added that he didn’t care “why someone is a malefactor in society” and that criminals needed to be “away from my mother, your husband, our families.”

    https://www.cnn.com/2019/03/07/politics/biden-1993-speech-predators

    That bill caused immeasurable amounts of damages and led the way for the same law enforcement abuses we’re suffering under from ICE…

    And neoliberals spent decades denying the science behind lead poisoning so they could claim their destructive policy helped shit.

    So dont give them credit now or believe that their new shit helped. They’ve been lying about the effects of their policy since before they left the Republican party 50+ years ago.

    Stop giving them a new set of “benefit of doubt” every time they change their self applied label





  • So…

    It’s not a bubble because…

    “This is the largest infrastructure build-out in human history,” Huang said of active and promised data center projects. "And so the AI bubble is, comes about because the investments are large. And the investments are large, because we have to build the infrastructure necessary for all of the layers of AI above it."

    It’s something we’re sinking money into soley because we’ve already been sinking money into it, and we don’t want anyone else to get ahead of us even though literally no one has found a way to monetize it enough to make back prior investments let alone new investments…

    Like, he knows that’s literally the definition of an economic bubble, right?

    Is he just trying to grift dumb rich investors, or does he legitimately not understand his company could go bankrupt literally at any moment if the investor class ever comes back to reality?





  • Democratic leaders did not state they would whip a vote to push all members to follow their “no” vote.

    It doesn’t matter if they try even…

    Neoliberal control for the last decade was predicated on the “victory fund” and their willingness to cut off funding to an entire state party if reps from that state didn’t vote how they wanted.

    Martin immediately started giving those funds back, and we’ve been in the largest reinvestment from the DNC to state parties for almost a year straight.

    Shcumer and Jeffries are completely toothless, and I think we’ll see both of them start claiming they agree with progressives more now. Not because they agree with it or anything, they just know they’re powerless to obstruct it anymore, and would rather keep up the appearance that they matter so lobbyists keep bribing them.







  • What?

    They didn’t ask any questions, they asked if there was anything else I should explain to them…

    (And to explain why that doesn’t make sense, is I have zero clue what else they don’t know)

    So I suggested they ask a question if they had any …

    And I legitimately don’t understand why you’d respond to that with:

    Oh noes! People trying to engage on a social network explicitly created to foster discussion!

    I just don’t understand what you are doing