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Joined 3 years ago
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Cake day: June 13th, 2023

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  • The main issue is that increasingly AI companies are making up a big portion of index funds which are required by law to be purchased by mutual fund managers and thus part of retirement accounts, so value will be evaporated out of retirees accounts. The larger the bubble the more the impact.
    Also note that the only reason the US is not in recession right now is due to AI market “growth” so the GDP correction that follows will cause companies who have invested in the technology (not just AI companies, but most of the Fortune 500) to contract. The fallout will be unpredictable, but the most likely scenario is layoffs. Further, the Fed will be reluctant to cut interest rates, because inflation is extremely high due to tariffs, so the one lever the government has to stave off the recession has been compromised by the current administration. So the recession will be deeper and worse with a longer recovery than it would otherwise have.

    So why care? Because grandma’s retirement will disappear, a bunch of people will be laid off and the levers available to mitigate the impact have already been pulled. Oh and inflation will get worse when our government bails out AI tech bros to the tune of $1T.






  • TipRing@lemmy.worldto196@lemmy.blahaj.zone•rul
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    12 days ago

    Noita is a game of scarcity and making the most of what you have to eek out a victory.

    Noita is a game about exploration and discovery with every new discovery likely finding the New Game button for you.

    Noita is a game about adventure and quest completion.

    Noita is a game about abundance and becoming god.

    It takes on average 60+ hours and 100+ attempts to finish the game for the first time and the community refers to this as “beating the tutorial”. The game is insanely deep and in defiance of modern game design refuses to sign post any information aside from the basic controls.






  • I had a friend like you once, if he was into a woman there was guaranteed something dreadfully wrong with her. Like this was an actual conversation:

    Friend (excited): I just started seeing her, she’s amazing! The best thing that’s ever happened to me!

    Me: Dude, the last two girlfriends you said that about ended up in jail.

    Friend: No it’s different this time, she’s cool! She’s a gamer, we like the same music, she’s super chill.

    Me: Ok dude, I’m happy for you.

    Two weeks later

    Me: Dude, you ok? You look pretty down.

    Friend: My girlfriend likes to get into throw down drunken brawls with strangers every weekend.

    But this friend was also a weirdness magnet in general.