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zerosizedweasle

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www.cnbc.com 4mo ago

Dimon's 'cockroaches' to the BlueOwl freeze: Stress spreading in private credit

zerosizedweasle
2pts0
www.natesilver.net 4mo ago

The singularity won't be gentle

zerosizedweasle
7pts4
www.bloomberg.com 4mo ago

People Are Worried About Blue Owl Liquidity

zerosizedweasle
4pts0
www.youtube.com 4mo ago

The Shot Heard 'Round the World: Lexington, Concord and the Start of War [video]

zerosizedweasle
1pts1
news.ycombinator.com 4mo ago

Blue Owl Capital Is Collapsing

zerosizedweasle
5pts1
www.bloomberg.com 4mo ago

Blue Owl Anxiety Rattles the $1.8T Private Credit Market

zerosizedweasle
9pts1
www.bloomberg.com 5mo ago

Riskiest CLO Funds Are Flashing a Warning Sign: Credit Weekly

zerosizedweasle
4pts1
www.marketwatch.com 5mo ago

CoreWeave's stock drops. Why a $4B Blue Owl funding snag has investors on edge

zerosizedweasle
1pts0
www.nytimes.com 5mo ago

People Loved the Dot-Com Boom. The A.I. Boom, Not So Much

zerosizedweasle
2pts0
www.cnbc.com 5mo ago

OpenAI resets spending expectations, target is around $600B by 2030

zerosizedweasle
6pts1
www.businessinsider.com 5mo ago

Blue Owl shopped debt for a CoreWeave data center. Lenders weren't sold

zerosizedweasle
3pts0
www.ft.com 5mo ago

Nvidia and OpenAI abandon unfinished $100B deal in favour of $30B investment

zerosizedweasle
303pts329
www.bloomberg.com 5mo ago

Blue Owl's Woes Expose Private Credit Risks for Retail Investors

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2pts1
www.marketwatch.com 5mo ago

Blue Owl Capital stopping withdrawals has El-Erian making Bear Stearns parallels

zerosizedweasle
9pts2
www.bloomberg.com 5mo ago

Blue Owl Halts Redemptions on Private Credit Retail Fund

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2pts4
www.bloomberg.com 5mo ago

OpenAI Funding on Track to Top $100B in Latest Round

zerosizedweasle
7pts3
www.ft.com 5mo ago

Donald Trump's AI push fuels revolt in Maga heartlands

zerosizedweasle
5pts3
news.ycombinator.com 5mo ago

Intrator is a hedge fund scam artist

zerosizedweasle
1pts0
techcrunch.com 5mo ago

After all the hype, some AI experts don't think OpenClaw is all that exciting

zerosizedweasle
5pts0
www.thetimes.com 5mo ago

Sarajevo sniper tourists 'killed children by day, then partied at night'

zerosizedweasle
5pts0
www.bloomberg.com 5mo ago

AI Bubble Fears Are Creating New Derivatives

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3pts1
www.bloomberg.com 5mo ago

Private Credit's Software Bet Is Even Bigger Than It Appears

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2pts1
www.cnbc.com 5mo ago

Nvidia rises 7% as Jensen Huang says $660B capex buildout is sustainable

zerosizedweasle
3pts2
www.businessinsider.com 5mo ago

Welcome to the $600B AI era, where Big Tech is spending like it's a Gilded Age

zerosizedweasle
4pts0
www.ft.com 5mo ago

Big Tech's 'breathtaking' $660B spending spree reignites AI bubble fears

zerosizedweasle
6pts1
news.ycombinator.com 5mo ago

Datacenter capex gravy train is over

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7pts4
www.bloomberg.com 5mo ago

Amazon Falls After Vowing to Spend $200B on AI This Year

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12pts1
deepquarry.substack.com 5mo ago

CoreWeave walks a debt tightrope, counting on key customers to be its safety net

zerosizedweasle
3pts0
finance.yahoo.com 5mo ago

The $3T AI Data Center Build-Out Becomes All-Consuming for Debt Markets

zerosizedweasle
4pts2
www.bloomberg.com 5mo ago

Data Center Demand Story Doesn't Add Up

zerosizedweasle
3pts0

'Jack Clark has put it more vividly: “People don’t take guillotines seriously. But historically, when a tiny group gains a huge amount of power and makes life-altering decisions for a vast number of people, the minority gets actually, for real, killed.”'

And Nate is a statistics guy, so statistically speaking, the guillotines are coming for Silicon Valley.

[dead] 5 months ago

That includes NVIDIA, it’s all fucking fascist under the current regime

"What I discovered, though, is that behind all these small complaints, there’s something much more serious. Roy Lee is not like other people. He belongs to a new and possibly permanent overclass. One of the pervasive new doctrines of Silicon Valley is that we’re in the early stages of a bifurcation event. Some people will do incredibly well in the new AI era. They will become rich and powerful beyond anything we can currently imagine. But other people—a lot of other people—will become useless. They will be consigned to the same miserable fate as the people currently muttering on the streets of San Francisco, cold and helpless in a world they no longer understand. The skills that could lift you out of the new permanent underclass are not the skills that mattered before. For a long time, the tech industry liked to think of itself as a meritocracy: it rewarded qualities like intelligence, competence, and expertise. But all that barely matters anymore. Even at big firms like Google, a quarter of the code is now written by AI. Individual intelligence will mean nothing once we have superhuman AI, at which point the difference between an obscenely talented giga-nerd and an ordinary six-pack-drinking bozo will be about as meaningful as the difference between any two ants. If what you do involves anything related to the human capacity for reason, reflection, insight, creativity, or thought, you will be meat for the coltan mines."

What people really think about Silicon Valley. Not so fun to devalue people now is it? Tech is biggest group of assholes.