enjoy my $2000 check man, don’t spend it all at once

• The avg stock & median stock are down 20% & 15% respectively off their 5Y trailing highs. YET the index sits at the high!
• NVDA’s weight in the S&P 500 is now 6.5%

Am I right in surmising that once the AI bubble pops and NVDA completes its Cisco cycle, 401ks are going to go buhbye

This post by Ed Zitron is pretty cogent to me - AI is the last next big thing for tech in its desperate search for continued hyper growth. Tech is essentially cooked, at this point - or at least, the familiar Silicon Valley of the last 10 years.

There are plenty of comparisons of Nvidia’s valuation to that of Cisco during the dotcom boom. I remain convinced that some of the biggest tech names of the last decade are going to disappear over the next decade (Uber, DoorDash, et al). We’re in a very transitional time and things are going to change drastically, imo

Holy shit the Rishi Sunak election announcement is one of the funniest farcical humiliations I’ve seen in a long time

Sopping wet while a New Labour anthem drowns you out

Edit: video - https://x.com/scottygb/status/1793315621662290087/mediaViewer

It’s the only social media I use because the algorithm is so precise, it’s intensely trained on cat videos and possum videos. It doesn’t serve me anything else at this point, it’s a thing of beauty

Fuck you Joe, I want cat and possum videos

Four more years. Pause.

According to an FDA study relying on 2016 and 2019 data, 4.4 percent of Americans report consuming raw milk in the past year, although the number has almost certainly grown since then.

• https://www.politico.com/news/magazine/2024/03/10/the-alt-right-rebrand-of-raw-milk-00145625

Bird flu virus found in pasteurized milk, though officials maintain supply is safe

It’s “fragments”, which gives me hope. Then again, reactionaries from the wellness set (both liberal and fascist) who drink raw milk are going to be some fun little vectors

Hell yeah dude

Alex Jones is doing better than Joe Biden on Gaza

(CW: IDF drone footage in video in embedded Tweet)

Israel has lost the high ground. This is not war. It is robotic mass genocide. Section 1091 of Title 18, United States Code, prohibits genocide whether committed in time of peace or time of war. Genocide is defined in § 1091 and includes violent attacks with the specific intent to destroy, in whole or in part, a national, ethnic, racial, or religious group.

Hoping for Biden’s eye to explode again

Love to think about when that happened in 2019 and no one in the media mentioned it at all

Somehow I missed that Sam Altman of OpenAI is attempting to con the UAE out of $7 trillion dollars. Absolutely incredible levels of astronomical grift.