Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Seems to me that your AI failed to consider a third alternative: a well armed majority of people, lacking income, attempt to shoot their way back into eating regularly.
Maybe they can train the robots to buy a lot of stuff so they won't need any people to do that. It shouldn't take all that long for a great number of people to die off anyway, and then the robots will just keep things moving along.
"AI is likely to cause significant disruption in the job market. What can we do as a society to ameliorate the resulting impact? "
Every capitalist enterprise looks only at the set of financial conditions and projections which will likely affect th…
Vacuum tubes themselves do not "generate" much of anything but heat. They do, however, frequently require high or very high DC voltages to perform their amplification function. The high voltages required typically were output from a transformer with…
And FullyDuped1000% IS PROUD TO BE AN AMERICAN !!!
He's got his. Fascinating how these people come to the United States from somewhere else,
make their money here, and then applaud the destruction of OUR c…
"Thiel wrote, “I no longer believe that freedom and democracy are compatible."
A view evidently shared by FullyDuped 1000%.
Fascinating how these people come to the United States from somewhere else, and then applaud the destruction of the country…
Here's a couple of excerpts from the "How Bad Is Finance’s Cockroach Problem? " thread:
• Today, firms like Apollo, KKR and Blackstone that manage and invest huge pools of money have gotten into the business of making direct loans, and they’re doing…
@Derf- I'm having difficulty understanding your response on this. If Capital One is in fact requesting your SS number, the department store has absolutely no control over that. So why get upset at them?
Seems to me that your original question boils…
Just posted a thread in "Off Topic", @ 20:25, PDST. The Time stamp generated by MFO is 4:31PM.
Additional note, at 20:35 PDST: I just noticed that the time stamp on this post is also wrong- it's showing 4:50PM.
I'll tell you flay out- look at the eyes and facial expression of Housel. If he isn't high on something then he's borderline mental. I wouldn't even listen to anyone who looks "hyper" like that.
That's really interesting. I would have thought that the routing of the telegraph would have been along the transcontinental railroad right-of-way, in 1869. So the telegraph guys found their own way across. Of course there were stagecoach routes ov…
For sure. Does anyone else get the impression that the United States government is now being run by a coterie of billionaires, and that Congress is just a Punch and Judy puppet show?
10/24 / PDST:
11:10- Again very slow to resolve, and some complete failures to resolve.
11:17- No sooner posted above when response time improved to normal. WTF?
