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moose_man

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www.proactiveinvestors.com 8mo ago

Backlash against AI is no longer theoretical as regulation, public mood converge

moose_man
4pts1
www.wsj.com 8mo ago

Is OpenAI Becoming Too Big to Fail? – It Is Certainly Trying

moose_man
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www.thealgorithmicbridge.com 8mo ago

You Have No Idea How Screwed OpenAI Is an Exhaustive Overview of the Situation

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www.wsj.com 8mo ago

AI and the Coming White-Collar Political Upheaval

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www.bloomberg.com 8mo ago

'Casino-Like' Market Powers Robinhood to 450% Gain in Trump Era

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www.bloomberg.com 8mo ago

US Shutdown Is Squeezing Consumers, Stop and Shop Owner Says

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www.bloomberg.com 8mo ago

Fed's Goolsbee More Worried by Inflation Than Job Market

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www.ft.com 8mo ago

The $17B nuclear startup without any revenue

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economictimes.indiatimes.com 8mo ago

Oracle default fears surge as credit swaps spike – is AI taking its toll?

moose_man
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www.bloomberg.com 8mo ago

Crypto Hit by Bitcoin Whales Dumping $45B in Bets

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www.bloomberg.com 8mo ago

A Wave of US Layoffs Flash Early Warning Sign for Job Market

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www.bloomberg.com 8mo ago

Asset Manager TCW 'Nervous' About Parts of Private Credit

moose_man
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www.ft.com 8mo ago

Asian markets' reliance on AI boom raises 'bubble' fears

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www.axios.com 8mo ago

White House warns unemployment benefits at risk in shutdown

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www.ft.com 8mo ago

UBS chair warns of 'looming systemic risk' from private credit ratings

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www.wsj.com 8mo ago

How Much AI Spending Is Too Much? Investors Are Starting to Wonder

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www.wsj.com 8mo ago

Famous Method of Valuing Stocks Is Pointing Toward Some Rough Years Ahead

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www.bloomberg.com 8mo ago

The Ranks of Corporate Zombies Are Growing: Credit Weekly

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www.wsj.com 8mo ago

Data centers contribute to high prices as energy bills electrify local politics

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www.wsj.com 8mo ago

Lenders rewrite their rules, suggesting a crisis

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www.bloomberg.com 8mo ago

Private Credit's Rising Pile of 'Bad PIK' Points to Default Woes

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www.morningstar.com 8mo ago

Why the AI Spending Spree Could Spell Trouble for Investors

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www.bloomberg.com 8mo ago

Shutdown Pain Spreads at One Month, Touching Millions

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www.bloomberg.com 8mo ago

Credit Fraud Fears Loom After BlackRock's HPS Zeros Out Bad Loan

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www.bloomberg.com 8mo ago

Big Tech Earnings Reveal Cracks in Case for AI Spending

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www.axios.com 8mo ago

The AI debt dilemma hits Big Tech earnings

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www.bloomberg.com 8mo ago

Nvidia's $400B Week Fueled by Jensen Huang's Dealmaking Spree

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www.barrons.com 8mo ago

Insuring Against an Oracle Default Is Getting Costlier. Is It a Bad Omen for AI?

moose_man
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www.bloomberg.com 8mo ago

Fed 'Chorus' Comes Out Against Latest Cut, Citing Inflation

moose_man
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www.bloomberg.com 8mo ago

At $1.2T, More High-Grade Debt Now Tied to AI Than Banks

moose_man
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[dead] 9 months ago

For sure, I hated the that. But the financial shenanigans that tech decided to do thinking Trump would be leader for life will come back to bite them. Its some of the worst corruption since like early 1900s.

It's a lot like AR before Vision Pro. The situation for the demo and reality didn't meet. I'm not trying to claim Vision Pro is perfect but it seems to do AR in the real world without the circumstances needing to be absolutely ideal.

[dead] 2 years ago

Well there was an AI one just recently but it happened with crypto, happens with every hype cycle.

The AI hype happened in close proximity to the decline of the crypto mania and so many mediocre grifters from crypto latched onto AI as a fraud life raft.

I feel like OpenAI took this thing out of the oven too soon or packaged in a way which misrepresents its nature. The power of AI isn't to answer your technical support questions or be your AI personal assistant, it's in the manic creativity that convinced people they were talking with a human (albeit a slight unhinged one.) But that energy had to be nerfed for business use cases and in of itself is problematic for monetization. So what we're left with after they've been nerfed is basically an iteration on what we already had, not the world changing technology that we were promised.

I'm not sure I believe that math though. The person taking the order is also the person responsible for the drinks and the payment. Most of the inside is already done through app and kiosks. Drive through also has the ability to pick up app orders. The drive through order taking isn't the big cost here. You would still need that person to hand food, prep drinks. The real time is in prepping the order not taking the order. Reason for the line at the drive through is the meal prep not the ordering process. If AI slows down the ordering process in any way it is actually a net negative.

The labor costs are not what's causing the price rises, the CEO have said so themselves on earnings calls. Also the costs of implementing the system at all restaurants when you have stuff like Kiosks already makes it overkill. They've already automated as much of the experience as is practical with AI's current limitations.