…I know there’s a lot happening…G7 get-together…iran on a deal tip…all that…but…seems someone finally hit your boy ed up with the openAI books for the last few years…so there’s going to be more…but…for now
OpenAI’s financial statements tell the story of a company with incredible losses.
Revenue: $3.7 billion
Cost of Revenue: $2.65 billion
Research and Development: $7.81 billion
Sales and Marketing: $1.11 billion
General and Administrative: $907 Million
Total Costs and Expenses: $12.48 billion
Loss from Operations: $8.78 billion
Additional factors – including interest income and interest expense – left it with a net loss of $8.84 billion. It then marked $3.74 billion of losses as “net loss attributable to noncontrolling members capital,” leaving the net loss attributable to the company as $5.09 billion.
It’s unclear what this means, nor how OpenAI reconciled the removal of $3.74 billion in costs.
…that would be ’24…’25…got much worse?
Revenue: $13.07 billion
Cost of Revenue: $7.5 billion
Research and Development: $19.18 billion
Sales and Marketing: $5.73 billion
General and Administrative: $1.57 Billion
Total Costs and Expenses: $34 billion
Loss from Operations: $20.92 billion
Please note that 2025 was the year that OpenAI converted from a non-profit to a for-profit entity, leading to a $41.55 billion loss due to changes in fair value of convertible interests and warrant liability.
Taking into account other minor factors like interest income and interest expense, OpenAI is left with a net loss of $60.35 billion, which it lowered to $38.53 billion by removing $17.87 billion in costs via that “net loss attributable to noncontrolling members capital” and another $3.95 billion via a “net loss attributable to redeemable noncontrolling interests.”
Ultimately, the net loss attributable to OpenAI in 2025 was $38.5 billion. It is unclear how OpenAI chooses to move costs to noncontrolling interests, or what those noncontrolling interests might be.
At the end of the year, OpenAI had just over $50 billion in assets, with almost half of that in cash.
…now…in…february…they were telling CNBC stuff like
OpenAI is projecting that its total revenue for 2030 will be more than $280 billion, with nearly equal contributions from its consumer and enterprise businesses, said the sources, who asked not to be named because the information is private. The spending plan the company is offering is meant to more directly tie to its expected revenue growth, the people said.
…say it’s true…say by 2030 “revenue” for openAI would eclipse every tech business smaller than microsoft by revenue…don’t worry that requires >1000% growth…just…assume it’s true…the $600billion spend over the same time frame…that was a retraction from the previous claim of $1.4trillion…that’s…uh…that’s…doing some stretching?
OpenAI generated $13.1 billion in revenue in 2025, the sources said, up from its $10 billion target. The company burned through $8 billion, lower than its $9 billion target, they said.
…& the $8 billion that was less than $9 billion…unless they added the general/admin stuff to the sales/marketing stuff…that seems to be the same rounding-up approach to the “cost of revenue” item on ed’s breakdown…& everything else getting filed under “bruno: nobody talks about…”
Epoch’s new AI companies database shows the remarkable level and pace of growth of OpenAI’s revenue. It first exceeded $1 billion in 2023 and will exceed $10 billion in 2025. This is impressive, but not unprecedented — a few other companies have matched this growth rate historically.
OpenAI’s projections, however, are a different story. According to The Information, in Q3 2025 OpenAI projected its 2028 revenue to be $100 billion. I couldn’t find any examples of a company growing its revenue from around $10 billion to $100 billion in such a short period of time.
What happens if OpenAI falls short of these projections? At a minimum, it would likely have to scale back its plans for large compute build-outs. The recently-announced deals with Nvidia, AMD, and Broadcom imply expenditures of roughly $1.3 trillion within the next decade, and some of this is presumably expected to be financed by revenue or debt raised against revenue.1
But the second-order effects of a miss could be larger. This is because investors and other companies are increasingly betting big on OpenAI being highly valuable. As Noah Smith recently wrote, these bets depend not only on this value being realized, but on it being realized fast enough to cover the debt used to finance the bets. Failing to deliver value as fast as investors expected is all it took to turn several historical technology booms into busts.
We don’t know how sensitive the AI financing system is to OpenAI’s specific projections. It’s possible that there is a big margin of error and the tenor of the deals is, “Even if we miss our revenue projections, we all still get rich.” But it seems just as possible that more is at stake.
One thing we can say: OpenAI hitting its projections would be a historic achievement.
…not quite done with this one
…see…it was never really just ed…it might seem like it sometimes…but…that comes from the epoch AI substack…&…october of last year…&…exceeded $1billion in revenue in ’23…per what someone gave ed…$3.7billion in ’24…$13.07billion in ’25…unless I’m mistaken…these tend to be “annualized revenue”…12x[best month]…at least potentially…maybe someone found ed solid numbers for actually-annual-basis?
Dec 30 (Reuters) – OpenAI’s annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information reported on Saturday citing people with the knowledge of the figure.
…so…my math is rusty…but 3.7/1.6 gets you 2.3125…13.07/3.7…3 197/370…that’s…growth, I guess…not sure it entirely matches the “3x/year since ’24” billing, tho?
annualized revenue rising from $2 billion at the end of 2023 to $13 billion by August 2025. At this 3.2x annual growth rate, OpenAI is on track to exceed $20 billion in annualized revenue by the end of the year.
…also epoch Ai…also min-Oct ’25
…leaving aside where the rest of the costs ed lists were sunk out of sight of the numbers everyone has been happy to run with…if you…ignore the dip where ’24-’25 was down in the 2s…apparently you could get away with claiming
…huh…that was april ’25…bummer…3x sounds less impressive now…& that’s before you compare it to that tally from whoever talked to mr zitron…which rather inverts that whole boast since ’24 then becomes -$5.09billion…net…& ’25…-$38.5billion…so…>7.5x
…say…if your revenue growth projections on favorable numbers read out at <3.5x…& your losses in the period grew >7.5x…would you expect the world to fête you as the business in the business of making over the world in its image?
…& if you had an opportunity to pledge your real, spendable money to the burn…would you be rushing to that IPO like they running after teslaXxAIspaceX on a mission to make out these titans are value…because…the shit remains over-subscribed as far as I can tell…&…for the life of me…I can not understand why the fuck anyone would…so…feel free to explain that phenomenon if you think you can?
Not a counter-theory, so much as a complementary theory: large swathes of the capitalist class have entered epistemic bubbles that are cooking their brains with crude right-wing nonsense. Not that "rational self-interest maximizer" was ever accurate, but it is far, far in the rearview mirror now.
…that? …oh, right…might have been a bit of a hard turn…that’s not an AI thing…it’s an EV thing
good lord Honda is writing off ALL its EV manufacturing investments in NORTH AMERICA!Ohio, US – goneOntario, Canada – gone. Cancelling its EV lineup of Honda 0 SUV, the Honda 0 Saloon and the Acura RSX. www.automotivemanufacturingsolutions.com/strategy/hon…
…yeah…you know…EVs…they’re…like…products…that…you can buy…& then use…for long enough to defray your outlay & maybe even recoup a bit on the back-end selling or trading it in for a new one…&…there are these things…they call them “businesses”…they…sell the product…for more than it costs them to make them…&…that’s why when you need a new one you can generally find the people who made the old one still about & making new ones…I know…it’s not as sexy as it would be if we said AI a lot…but…these things literally go places…other than up their own ass…it’s…pretty cool?
2/ "GM, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers… in EVs"Honda out of making or selling EVs in North America too.A drumbeat of warning articles ndicate how catastrophic the situation has become www.nytimes.com/2026/03/03/b…
…I mean…you don’t gotta…you could decide to be all about extractive industry & fossil fuel & ramping up pollution to propel your “AI” hypergrowth paradigm into the blue skies of your boundless expectations
3/ With Trump EV incentives rolled back. All US-located carmakers are writing of tens of billions of losses to their manufacturing plants. Ford LOSES $19.5 billion in impairments; cancels the F-150 all-electric version, and shifts instead toward hybridswww.wsj.com/business/aut…
5/ CBC: "Honda has indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario due to changing business conditions.""EV demand has declined considerably, due to the rollback of environmental regulations in the US…," Honda said in a statement.www.cbc.ca/news/busines…
…but…I guess some reactions would imply that some places see it as a bet the US has gone somewhat all-in on
6/ $11 billion Honda EV plant in Ontario CANCELLED in 2026 Honda Canada CEO Dave Jamieson said the automaker is taking “significant hits” on tariffs, with 76 per cent of the Civics and CR-Vs it builds in Alliston, north of Toronto, exported to the United States.asia.nikkei.com/business/aut…
7/ With Trump IRA cuts killing EV demand, effect on workers across manufacturing plants is massive. An Eg. Ford dissolved is battery venture with SK On, the Korean battery manufacturer. SK On laying off 958 people at a plant in Commerce, Georgia, that had 2,566 workers before the reduction.
8/ I don't want to say that this is about the US when it is about TrumpEV & Battery companies came to the US in a dramatic way post IRA — $80 billion in US investment that year, and another $47 billion in 2023.Losses now are because of partial IRA rollbackinsideclimatenews.org/news/1903202…
EV investment makes litte sense when your two biggest markets are Japan and the US unfortunately…
9/ Our Hopkins lab is working on a big report of shifting geography of clean tech FDI. Comprehensive database will be soon. Post IRA surge and now post 2025 slump….Part 1 on the Chinese overseas Green FDI surge came out last fall. www.netzeropolicylab.com/china-green-… bsky.app/profile/70sb…
11/ “Beijing is offering cheap, clean power, employment, trade and a route to prosperity. Washington is offering tariffs, policy chaos, White nationalist memes and South Korean workers in shackles after a raid on an EV battery factory.”bsky.app/profile/70sb…
12/ GM loses $7 billion thanks to Trump."GM, which produces the Chevrolet, GMC, Buick Cadillac brands, said in November 2022 that it expected to have a solidly profitable EV business producing 1 million units p.a by 2025. Instead, it sold 169,887 EVs in the US last year"www.ft.com/content/3e99…
…gee…I wonder why anyone would spite themselves that way?
13/ One of the few affordable EV's, Chevy Bolt EV is in production at GM’s Fairfax plant in Kansas, but it won’t be built there for long. Once Bolt production ends, likely in 2027, GM said only internal combustion engine (ICE) vehicles will be made at the facility.electrek.co/2026/01/23/c…
…I’m sure it’s because they’re much, much smarter than you or I
It’s not even going to work.
Iran is demanding concessions from Israel that Israel will not give and the Israeli public and a Knesset majority are openly opposed to.
This war is not going to stop until Iran is willing to accept concessions from the US that the US actually can grant.
Who knows if there will be a final agreement. But if there is, two things will be true at the same time:a) It's essentially surrender to Iran.b) We should be glad about it, because every day this insane, illegal war continues, we get weaker. 1/ Let me explain.
Any terms good enough for Iran to make them stop fighting are terms catastrophic enough for Israel that the Israeli government and people will willingly fight to the death to prevent the implementation of, because they rightly see such terms as an existential threat to their country and people.
Also, while Iran’s psychological leverage over Trump might be increasing as he panics, things do not otherwise look to be getting better for them.
Bringing in Iraqi auxiliaries for internal security is not a sign of confidence! Neither is the sweaty desperation to get Israel to make peace as well.
2/ An end to this disastrous war is a good thing – no matter the humiliating terms. Because every day it continues, our nation gets weaker, costs keep going up, Iran gets stronger, and Trump gets further from accomplishing his goals.More war would just make things worse.
The longer this war goes on, the greater the risk of an escalation spiral to mutual infrastructure destruction, at which point the Strait is worth $0.00 to Iran or to anyone else.
And the longer this war goes on, the more international pressure will grow, and the more the economy will adapt.
The short to medium term economic costs and humanitarian losses are regrettable but the long-term economic costs of such a loss for free navigation are also quite severe—and so are the humanitarian implications.
We really, really don’t want a world where warlords and rogue states do this at will.
…never mind…AI will save us
new post: how I develop recently using local models. the tooling is now good enough to do agentic workflows and everyone should give them a try!vickiboykis.com/2026/06/15/r…
…wait…but…you don’t need local models…you need the ones that pipe all your shit through the ma-hoo-sive data centers du jour…everybody knows…uhh
The past year has marked a turning point for Chinese AI. Since DeepSeek released its R1 reasoning model in January 2025, Chinese companies have repeatedly delivered AI models that match the performance of leading Western models at a fraction of the cost.
Just last week the Chinese firm Moonshot AI released its latest open-weight model, Kimi K2.5, which came close to top proprietary systems such as Anthropic’s Claude Opus on some early benchmarks. The difference: K2.5 is roughly one-seventh Opus’s price.
On Hugging Face, Alibaba’s Qwen family—after ranking as the most downloaded model series in 2025 and 2026—has overtaken Meta’s Llama models in cumulative downloads. And a recent MIT study found that Chinese open-source models have surpassed US models in total downloads. For developers and builders worldwide, access to near-frontier AI capabilities has never been this broad or this affordable.
…but…muh data-center(s)…*sniff*
But these models differ in a crucial way from most US models like ChatGPT or Claude, which you pay to access and can’t inspect. The Chinese companies publish their models’ weights—numerical values that get set when a model is trained—so anyone can download, run, study, and modify them.
If these open-source AI models keep getting better, they will not just offer the cheapest options for people who want access to frontier AI capabilities; they will change where innovation happens and who sets the standards.
…fuck ’em…what do the dim bulbs at…*checks notes*…MIT…know about technology, anyhow…fuckin’ bumpkins…data-center capex FTW…bring on that IPO…I got my GPU clusters & all that shit
The shift from chatbot-style AI to agentic AI is not just about putting a few more CPUs next to the same GPU-heavy rack design. It’s bigger than that. It’s a structural shift in data center architecture. Agentic AI is driving demand for entirely new racks of CPU servers that sit alongside GPU infrastructure and run to power the work of all these agents.
For enterprise IT leaders, there is a lesson in all this: Agentic AI rewrites the AI infrastructure equation.
At AMD, we’ve been tracking this shift closely. While we previously outlined a server CPU market growing at 18% annually, the structural increase in compute requirements driven by agents changes the math. We now expect total addressable market for server CPUs to grow at greater than 35% annually, reaching more than $120 billion by 2030.
…wait…what?
Generative AI’s first wave was built around a fairly simple pattern. A user asked a question; the application sent a prompt to a model; the model generated a response; and the application returned it.
That architecture naturally drove GPU-centric designs. In those deployments, a CPU acted as the head node for a server with four to eight GPUs. The one head node CPU handled the scheduling, I/O and system management, while the GPUs did the heavy math.
…yeah, boi…now you talkin’…that’s the shit…that’s our whole “nobody ever spent like this for anything ever” build-out bonanza that’s…a year or two out from being close to finished & all spun up
We are now in the early days of the Agentic AI Era. In it, the shape of the workload changes entirely. Instead of answering one prompt, an agent breaks a goal into steps, decides what to do next, calls multiple models, queries databases, connects with APIs, runs enterprise applications, checks permissions, retrieves memory, validates output and then loops back through the process again. It’s a very different infrastructure profile than prompt-in-answer-out chatbot AI.
GPUs are still critical for model execution, but the production workload is now CPU-intensive. CPUs are responsible for:
Orchestration: Managing the engine that breaks down complex tasks.
Agent Execution and Tool Calls: Triggering APIs and legacy enterprise software.
Policy and Security: Running real-world checks on every autonomous action.
…uhhhhh
Instead of the previous 1:4-8 CPU-to-GPU ratio with chatbot AI, we are seeing agentic AI moving toward a 1:1 ratio and, in some cases, it’s higher on the CPU side.
Here is the important part: You don’t achieve this by simply sprinkling more CPUs into a box of GPUs. You achieve it by adding a newly engineered CPU compute layer.
For enterprise IT leaders, this is where your planning needs to evolve.
The AI system of choice for the next few years will not be a single “AI box.” It will look more like a distributed system. You’ll have GPU racks for dense model compute, fast networking and a software stack that can keep it all observable, secure and efficient. And you’ll have agentic CPU racks for orchestration, processing data and tool execution.
At this point, a balanced architecture will matter more than ever. If the CPU tier is undersized, GPUs wait. If networking is an afterthought, agents stall. If the data path is messy, latency grows. If the orchestration layer is not designed for concurrency, cost and complexity rise.
…sure…whatever…you just sayin’ that because you AMD & shit…you just jealous…my man mr NVIDIA wouldn’t fuck us that way
…vera…but…we’re mid-build for blackwell, bitch…how you gonna play your boy that way…just for that I ain’t buying that $10,000 thing full of all my agents that’ll sit in my home since jenners thinks that’s a rational act…or drop the $100,000 for a configuration like a desktop tower to run in-house stuff…though…some places might…if they don’t trust the giving-the-shit-away open-source, open-weight stuff that seems not to need that…but…also don’t love the new subscription paradigm for the “are they better, tho?” big boy models
…done pretty well for himself the last couple of years
…those are the ones they sold out of that are majority-not-switched-on-yet…you know…for reference?
anyone mad at me, read theory: www.theatlantic.com/ideas/archiv…
Yeah, that’s sort of the piece that it’s been clear since 2016 that the media doesn’t want to address. They’re not interested in the rural poor, they’re talking about suburbanites without a college degree making $70K+ a year living in all-white enclaves, but pretending they’re impoverished farmers.
It’s disappointing how effective this propaganda is, because you get people on the left acting like they should be in solidarity with the guy who owns a 25-employee plumbing business in suburban Ohio, when it’s service workers in the urban core that are the beating heart of America’s working poor.
And then it also plays into the moderate Dem “these people don’t like your coastal elite bullshit” when they drive into the city every weekend for dinner and a show or a game. They love it, they just hate having to respect the people who deliver it.
re-read this recently after moving to the PNW (and living a couple years in a red exurb) and goddamn did he nail it.
I’d just like to interject for a moment. What you’re referring to as Bluesky, is in fact, ATproto/Bluesky, or as I’ve recently taken to calling it, AT Protocol plus Bluesky. Bluesky is not a platform for misunderstanding jokes unto itself, but rather an AppView of a fully functional ATProto system w
another sad example of government failing to understand technology. Bluesky is a user-to-user platform whose purpose is to enable misunderstanding jokes.
The UK government is going to single-handedly cause a generation of Mastodon users
…sigh…that edict that fucked anthropic the other day is like the comedy light relief segment…they got more issues than GDPR compliance causes trying to unpick who suddenly can’t be allowed to run queries against which of their models…because the white house bought their bullshit about the national security threat & embargoed their ass…I mean…sure…it seems like your real threat to national interests/security would be the sequence that led to the people leading this charge to be out where they can see windmills to tilt at that way & not medicated past whatever point has those not looking like giants anymore…but…eh…maybe with business genius stuff it takes one to know one & that’s why I feel like there ain’t none?
Anthropic scrambles after Trump administration freezes its top AI models ft.trib.al/7D9M6GL
…surely more like fable = mythos/100 in parameter-terms or whatever…like…fable is nerf’d mythos because mythos will break anyone trying to eat its costs
ICYMI: Anthropic is releasing a public version of its Mythos AI model as Claude Fable 5: The model costs $10 per million input tokens and $50 per million output tokens, and includes hard limits on cybersecurity and biology queries
Still no reporting out there on how much it costs to build and operate a system like Mythos
It’s not cheap, and I’m pretty sure it’s the “only state actors and large corporations” kind of not cheap
What the fuck do they mean by default? Are they saying that it's going to be *on* by default? What are they fucking thinking? You're gonna get two messages from opus fast high and your 5h is gonna be done and then two more 5h windows later your weekly is fucking gone. Fast costs more than mythos btw
Tbh, I would kind of love it if people convinced themselves that no subsequent models were as good as Fable. Fable could become (appropriately) legendary — the Once and Future Model — weights hidden on an island somewhere in the Pacific — but destined to return someday.
…when people were still calling him IRL tony stark the confounding part was making an EV manufacturer not go bust…outside of the US…that part doesn’t shock people about all the others these days…& I’m not saying the AI industry will necessarily follow the death-of-motor-city track pushing for coal-rolling over battery-power…but…the current crop of shot-callers sure seem like they call plays from a similar book
…probably why you need to keep the british “youth” off reddit, that
what I’m worried about is that Iran could go along with Trump’s fake deals for a couple of weeks, keeping oil prices artificially low and demand artificially high… and then pull out last minute creating a massive supply crunch and skyrocketing prices that would give them even more leverage
U.S. Strategic Petroleum Reserve drops to 340.3M barrels, the lowest level since 1983. The 8.9M-barrel drawdown is part of a larger plan to release 172M barrels to stabilize energy markets amid the U.S.-Iran conflict.
It's okay to have that emotional response, but yeah, it would be bad bad bad. We are already in the outer edges of the cool zone, we don't need to go deeper.
This piece shows that Ahmari, who is very stupid, still sees trump as a restraint oriented president being manipulated by Israel and hawk advisors, not a warmongering maniac.
"If people stop believing that he can actually deliver on those promises, or if they stop believing in Musk himself, those valuations could disappear overnight…Musk is a modern-day Tinkerbell: if enough people stop believing in him, he simply ceases to exist in his current form."
Bracketing habeas, this is a dumb misconception that the Insurrection Act means "martial law." It doesn't. What it does is unlock being able to use soldiers as cops, to do law enforcement. But the exact same civilian laws are still in force, they get no powers an FBI agent etc. doesn't have already.
At this point, Trump has been played by pretty much every country in the Middle East, from Israel and Saudi to the UAE and Qatar, and now by Iran itself. He’s like a Baby Huey in a world of grownups. He makes Jimmy Carter look like a canny master of geopolitical maneuvering.
the idea that rural regions *don't* get outsized attention from the Democratic party is so fucking funny like no if we didn't care we'd treat you like Republicans treat city dwellers. what I'm proposing is: what if we did?
As much as I don't like making firm predictions, this is just convincing me further that he's going to be the Democratic Ron DeSantis: the heir apparent who looks good on paper but ends up incredibly juiceless because he does everything in his power to repel excitement.
I’ve said this before, but there are few lies more disconnected from reality but gospel on the right than the “paid agitator” bullshit. And because it’s gospel on the right it almost never gets questioned in the media.
"Vance got to the point. They needed to invoke the Insurrection Act, swiftly, to crush the unrest in Minnesota. It would be painful in the short term, he said, but the message it would send — that paid agitators can't get away with disrupting ICE operations — would make sure no one tried it again."
Also would have been better if the plan to have the president suspend habeas for undocumented people (which in reality means suspending it for everyone!) had been reported when it was happening
[ETA: kept assuming I’d find a suitable spot for this & it might be a tad embarrassing I rolled right past this one & then neglected to create a better one…so…
…oh…& but-also…remember the entrepreneurial type that built that market for dares…maybe you don’t…think…like only fans but jackass mixed with polymarket…or maybe kalshi would be that one…because there’s another one now…& it’s…kinda running up on looking like kickstarter for crime on a taskrabbit gig economy model…which…might sound like that thing the lady said while posting the link to the FT thing about the russians getting some guys to set fire to stuff that says kier on the label…well…not-so-funny-story about that…the “new” riff on the dare/bet/collect gig thing…would be…not making it up…pump.fun
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…the structural difference? …fucking wow, my guy…please go brag on this stuff somewhere a trading desk likes to drink…ideally a trading desk that fields its own team for a rugby 7s league…film that shit & you’d get a better RoI off the pay-per-view…just sayin’
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…boiler-room scam shops could make a better moral case for their business model than pump.fun…let alone fucking “vol bot”…christ on crutch that’s a mechanical fucking pogo stick…the concept of reductio ad absurdam…is not a fucking business plan…what the actual fuck are we doing that you can spin this stuff into existence until it looks like a lazy script for a TV drama where there’s dial-a-purge freelance chaos agents the way there are delivery runners…but…who gives a fuck about that…it’s just internet lulz…go find something worth paying attention to?
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Pump.fun launches GO as users race to complete bizarre bountiesPump.fun has launched a new bounty marketplace that has attracted more than 1,100 submissions and listed over 320 active tasks within hours of going live. Summary Pump.fun launches GO, a bounty marketplace with over 320 active tasks…
…I’m sure it’s all perfectly legal…it…just…looks…some kinda way…anyway…that…might be why I never found a spot…arguably…the proper spot is a whole other post…but…it might make myo dangerously happy if I did that…I’m not sure but it’s probably his health I’m thinking of, really?]
…it’s the big questions everyone keeps asking
Has cancel culture gone too far? Is wokeness run amok? These have been the defining concerns of a lot of nominally centrist media for the last few years. Next week there will be a Thomas Chatterton Williams essay on how, somehow, this is just the woke right responding to identity politics.
Once the exuberance of the MOU wears off and people realize there’s still no oil in the reserves… how high is it gonna spike? Smash records?
…oh…& kier tagged bluesky in with a late tackle?
okay but what if a 10-year-old thinks moby dick is better than middlemarch, what then. where are they supposed to go
BREAKING: The UK Government confirms that Bluesky will be INCLUDED in the ban on social media for under 16s.The government said it will be BANNED because it is a “user-to-user platform who purpose is to enable social interaction.”
In addition, there will be a nightly curfew on social media for all 16 and 17 year olds.The UK Government thinks you can vote, join the military, smoke, leave school and get married at 16. But not look at Instagram at 8.30pm.
…look…keir obeyed curfews until he turned 18…he’s not expecting anyone to do anything he wouldn’t…that’s good leadership…says so right here in the manual
A generation of children confined to exclusively posting on LinkedIn, humbled to share that they have been recognised as thought leaders in vertically integrating your mom's supply chain.
The inclusion of @bsky.app in the U16s social media ban will be controversial as, unlike TikTok and other platforms, it DOES NOT use algorithms.Government over-reach or necessary child protection?
1690s, “Arabic system of computation,” from French algorithme, refashioned (under mistaken connection with Greek arithmos “number”) from Old French algorisme “the Arabic numeral system” (13c.), from Medieval Latin algorismus, a mangled transliteration of Arabic al-Khwarizmi “native of Khwarazm” (modern Khiva in Uzbekistan), surname of the mathematician whose works introduced sophisticated mathematics to the West (see algebra). The earlier form in Middle English was algorism (early 13c.), from Old French. The meaning broadened to any method of computation; from mid-20c. especially with reference to computing.
…once you build a feed…or hit up the discover tab…that’s output from an algorithm…the only version of bluesky that has zero algorithmic introduction is the raw pipe of literally every post using the protocol…which would be the nearest equivalent to unreadable by anything you’d call a person…I know it sounds like pointless pedantry…& maybe it even is…but…a filter is an algorithm…it’s still f(stuff you mostly don’t see as a result of the function)…it…just…is…like…that’s not because anyone wants to start an argument…it’s just…words…having meanings…not trying to *be mean* about it
…”ignored”…”because it was”…technically…algorithm…just sayin’……(if[this]):(then[that])…that’s an f()…it’s not “the algorithm” that you should be mad at…it’s *their* fucking algorithm(s)…it’s the layer upon mediated layer that denies users the ability to create…much less curate…their own without the morass of marketing middle men trying to game their outcomes playing “doesn’t have to be true just needs true believers” like that’s the only game in any town…the way there’s apparently only *this* kind of internet that’s even theoretically possible…because the first answer to “how do we make money fall out?” was “make the entire thing a marketing & sales engine from the infrastructure layer up”…to the point where any of the shit we’ve managed to make it do that was any of the sorts of useful the thing was when it still had people looking at the proof of concept & scratching their heads wondering if anyone would ever think of anything profitable to do with the underlying functionality the thing was composed of…is…getting on for being “in spite of” over “because of” the way we went all-in on how all that “works”
…but…I get it…we’re not talking about that part…that part is bruno…I get it
👇🎯 Again, either Democrats can be concerned about THE DEBT, or they can tell voters that large swathes of the public aren’t going to pay income taxes. But they have to choose, & not choosing is a recipe for mass disillusionment & electoral disaster when you can’t deliver:
I'm not gonna tell Mary Peltola how to win an election in Alaska AND this kind of rhetoric about "debt" and "DC" always strikes me as counterproductive long term.
Serious question: when have progressives not taken the debt seriously?The debt dialog is always the GOP starting wars and massive tax giveaways when they are in power, and complaining about cost effective programs when they are out of power. No reason to play by their rules.
Every time a Democrat is President, debt reduction is always a priority. Clinton and Obama both reduced the debt. Then the Republicans who followed them increased it again. The national debt is a bullshit issue that has always been used as an excuse to cut spending on everything except the military.
Also, again, I’ll note that THE DEBT, as a share of GDP, fell sharply under Joe Biden post-pandemic because we had economic growth, which is the only thing that actually reduces the debt over the long run, & Democrats should be screaming this from the ramparts right now instead of cosplaying Reagan:
Again, it is a purely factual observation to note that the federal debt/GDP ratio under Joe Biden, amidst both a raging global pandemic & the most unprecedentedly rapid economic recovery in post-WWII 🇺🇸 history, & yet it’s done ~nothing to change the National Conversation™️ about THE DEBT.
I’m not sure why we’re suddenly doing this, or where this chart came from now, because the FRED data show that we topped 100% a long time ago & it’s not “unthinkable” & it’s politics all the way down:
(WSJ) – The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.@wsj.com www.wsj.com/economy/u-s-…
Again, we could have serious discussions about debt & tradeoffs & all those things, but we never want to do that.
100% is meaningless, we owe 2/3 of the debt to ourselves, & Japan continues to exist as an example of a country with a flexible exchange rate, a reserve currency, & debt/GDP of 250%+.
The thing this chart actually illustrates again is that Japan exists & has for decades & its existence renders silly the idea that there is some hard economic constraint for rich countries like this at any debt/GDP ratio that is 1/2 or less of 250% of GDP. Again, it’s pure politics all the way down.
A frequent objection when you note that 🇯🇵 has a debt/GDP ratio of 260+% & isn’t remotely facing a crisis is, “Sure, but they owe the debt to themselves.”
That’s true…foreigners hold <15% of JGBs. But in 🇺🇸 it’s only…30%, & 🇯🇵 doesn’t issue the dominant international reserve currency.
We could have the serious discussion about tradeoffs, but we can’t do that if we keep framing it as a question about what we can actually afford. It’s a category error.
Again, it’s politics all the way down. We could seriously discuss tradeoffs about interest rates, inflation, taxes, etc. But we never do. We just panic about arbitrary debt/GDP ratios that are meaningless, pretend the government is a household, & keep replaying the hits about “unsustainable debt”:
…speaking of unsustainable debts…if you keep doing the shit that fucks you up & not doing the shot that might get you straightened out…how would you say a reasonable person would expect that to go?
Again, I think Trump was ultimately going to have to swallow some amount of shit on an Iran deal sooner or later bc he absolutely did lose this war that he started but that doesnt mean that he is not going to get hit from multiple angles on this
“Trump’s agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!”
Ben Gvir is not alone in his sentiment.
Pretty much every Israeli leader has come out with a public statement against the US deal with Iran.
I’m not going to port all of the statements here from X, but Israeli leaders (and pro-Israel pundits) are furious.
European and Arab leaders are supportive.
…is…that…good?
Part of the calculated desecration here isn't just symbolic. It's that there a dozen ways this is already explicitly illegal, black letter no-question unambiguous statutory prohibition, but he can flaunt how nobody's going to tell him no or do anything about it.
Once more, the point of having military guards in full dress at the White House Nitro Circus sponsored by Black Rifle Coffee Company isn’t that this all presents a coherent vision of America. It’s a show of dominance, of publicly degrading our symbols and institutions to proclaim that they own them. […] And really, tackiness and violence is the only unifying theme! It’s not like this specific brand of tackiness is Trump’s, but he recognizes it as wiping his ass with the symbols of America he’s been charged with stewarding as president*, so he’s all in.
…it…sounds
New in PN: The US under Trump is a global scourge"Authoritarians disregard the needs of their own people, but they're even less constrained when dealing w/ people that are not their own. If you want to see what Trump wants to do at home, you have only to look to the misery he's unleashed abroad."
Is your child up at 9pm arguing about tram networks with the entire staff of the FT and some tedious Americans who are not familiar with the concept of a joke? This report make shock you.
One thing that most people (not Brian) struggle with is postliberal politicians are genuinely like that. There’s a reason that Vance follows Adrian, a guy who literally wrote a book on the unbound executive.
Per this reporting, the VP did believe the Insurrection Act was some sort of magic cheat code.
…shit…at this rate one of ’em might get so bored they not only find this place but read one of these things…which I’m sure we can all agree is credibly a fate worse than death to someone young enough to still think it’s cool to think you’re cool?
Meanwhile you can just burn buses and break windows trying to harm immigrant children all encouraged by national politicians and billionaires on twitter and its fineBut dont yell I support palestine holding a small sign
“Scots discovering tailgating” could be a real Prometheus stealing fire moment
Just puttin this here
[sarah mclachlan plays over images of social media pfps] jokeblindness is a serious affliction that affects 64% of social media users. many jokeblindness sufferers don’t have the support system that could help them get the assistance they so desperately need, so won’t you please donate today
"A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people." —The Declaration of Independence
After Japan battled the Netherlands to a 2-2 draw, the Japanese fans stayed behind and cleaned up every single piece of trash from their section at Dallas Stadium after the game.You LOVE to see it 🇯🇵That’s how you represent your country well. 👏🏽👏🏽👏🏽🙇🏻
…I mean…shit…with all that national debt it’s amazing they could even make it to the game, really…poor things…must suck ass to be from somewhere that thinks those rules apply *outside* of burning man…like…do you even *consume*, bro?
[…damn it…I orphaned one way up near the top…&…the “not done with this” part might have been true? …fuck it…nobody’ll believe me but this was nearly a post that would make this one seem like you hardly got to call it an ordeal at all…call it…sunk costs?]
I found four instances of US companies in the past fifty years growing their revenue from less than $1 billion to over $10 billion over the course of three years.23 It’s a somewhat eclectic group.
The one company to clearly cross these thresholds faster than OpenAI was the vaccine maker Moderna, whose revenue spiked in 2021 due to the pandemic. Another demand-driven entry is Cheniere Energy (2015–2018), which rode the US natural gas boom. Uber (2014–2017) and Google (2002-2005) are familiar tech startup success stories.
Being a pure software company, Google may be the most apt comparison to OpenAI. Of these four, only Google went on to hit $100 billion revenue. The others have yet to pass $40 billion.
OpenAI’s recent growth does look fast compared to the others. It is currently growing around 3× per year, compared to Google’s 2× per year in the year when it first hit $10 billion. So, apart from Moderna, OpenAI may be the fastest-growing company to hit $10 billion. Can it keep up the pace?
…say…anyone know if…google…or…alphabet, I guess…does…more than just LLM stuff?
OpenAI expects to make $13 billion in revenue in 2025 and projects to grow its revenue by 2.3× in 2026, 2× in 2027, and 1.6× in 2028. I couldn’t find any historical examples of companies growing at such a fast pace from such a high level. The following chart shows the seven US companies I could find in the past fifty years that grew their revenue from $10B to $100B in less than a decade.4
…huh…that a fact?
The fastest companies to cross these thresholds were Tesla and Meta in seven years, followed by Nvidia, Apple, and Amazon in eight, Walmart in nine, and Google in ten. The median annual revenue growth rate of these companies during this high-growth period is 1.3×. From this perspective, OpenAI is targeting an unprecedented performance.
However, the chart also shows the arbitrariness of the thresholds. Yes it took Nvidia eight years to go from $10 billion to $100 billion, but almost all of that growth came in just two banner years toward the end of the period, both a bit over 2× per year, starting from a base of about $28 billion. This is the most optimistic reference point for OpenAI.
I also looked for any company with revenue over $10 billion (in 2024 USD) that more than doubled its revenue in a single year. As just mentioned, Nvidia did this twice. I only found two other examples. Gilead Sciences went from $11 billion in 2013 to $25 billion in 2014, driven by the success of a new hepatitis C drug. Cheniere Energy grew its revenue from $16 billion in 2021 to $33 billion in 2022, riding another natural gas price spike. Both companies’ revenues plateaued and declined over the subsequent two years.
I focused on recent US companies to isolate factors like market access, political economy, and the availability of capital. Looking beyond the US, the only stand-out example of rapid revenue growth that I could find was ByteDance, the parent company of TikTok. In 2024 USD, its revenue first crossed $10B in 2019 and first crossed $100B in 2024, five years later.
…uh huh…ok…I hear you…so
The strongest argument in OpenAI’s favor is probably, as mentioned above, that its revenue is growing very quickly right now: 3× per year. All data points since 2024, even recent ones, are consistent with this trend. Given that, its growth could slow somewhat while still hitting the target.
…that’s…consistent with a path to profitability, right?
There also appears to be a trend toward companies hitting $100 billion in revenue faster. Of our seven examples above, six hit $100 billion in the last fifteen years. If there is some general dynamic by which this happens faster over time, it could be a tailwind for OpenAI.5
Where might this revenue come from? It probably won’t be ChatGPT subscriptions alone, which currently account for about 75% of OpenAI’s revenue. OpenAI projects only $50 billion of its 2028 revenue to come from ChatGPT directly. As a reference point, that is the cost equivalent of 210 million of today’s “Plus” subscriptions. The most recent figures, from April 2025, show 20 million paid subscriptions of all kinds.
OpenAI also seems likely to make a play for the advertising and shopping revenue that currently flows through Google, Amazon, and Meta. Their main tool here will be the much larger user base of ChatGPT’s free tier. Winning market share in this relatively mature sector is at least plausible.6
Or maybe that’s thinking small. The promise of AI, after all, is broad productivity. For a very rough estimate, let’s imagine that:
OpenAI’s current and near-term products could provide an average 10% productivity uplift for all remote-compatible work tasks, and
We previously estimated that about a third of US work tasks are remote-compatible, and that is probably lower globally. So, assuming these tasks account for around 20% of the roughly $110 trillion of global GDP, the total potential revenue from this near-term productivity uplift might be around $220 billion.8
There will be competition for this revenue, but perhaps OpenAI can maintain its current relatively high market share. Maybe AI itself can lower the hurdles to adoption, helping people quickly figure out how to use it to be more productive.
Still, reaching such heights in just three years would be an extraordinary achievement. History suggests that it doesn’t happen quite so fast.
…so…that’s…consistent with a path to profitability…is that what you’re saying?
Maybe if OpenAI “merely” gets to $50 billion in 2028—an impressive feat in its own right—it will only have had to slow its data center build-outs, and will otherwise remain financially healthy. But the more stakeholders take big bets on OpenAI, the riskier such misses become. We’ll be paying close attention to OpenAI’s next few revenue prints.
Reuters just wrote a piece on Elon Musk's claim that SpaceX could have a revenue of $1 trillion by 2030. This is the company that just lost $5 billion in 2025. Why does anyone listen to what this k-holing clown says? His wealth is clearly not the result of him fulfilling on his predictions.
Elon Musk: Sept 28 2020:"We do see Tesla reaching 20M(illion) vehicles/year probably before 2030"Musk on human to Mars: Best case 10 years, worst case is 15 to 20 years" (Musk Dec 27 2011)2026 Musk on Tesla: no, cars are history. It's robots nowSpaceX and Mars: No more Mars. It's the moon now
…everyone knows misery loves company…but…for a particular misery…gotta say…the quality of the company goes a long way
…not that it’s my house, exactly…but…I kinda like it?
…you got to hang out somewhere…& I’d trade most of the internet for this place on a given day…jump at the chance even…if the bits I’m thinking of went away the leftovers would be pretty fucking sweet now that I think about it…so…I should…probably stop doing that…it’s bound to end badly?
honestly…is a fun game i has
how many ways is your life worse than mine
as an american… then tell me you are the greatest
anyways im a vicious vindictive bitch…so
…ah…yeah…that [ETA: … ] block…that…probably is about post-size for most working definitions of a post, singular…but…wordpress barely adds a minute to the ET(t)R…though I guess it does push it past the 25min mark…allegedly
It’s so funny to watch businesses self-immolate to chase short-term profits and conditions. There’s gonna be an EV market in America. Trump’s not gonna be president forever (and may well see 90% of his power get drained away five months from now) and carmakers are just like … nah. All it takes is one non-racist politician to be like “Hey, we’ll play ball with BYD” and suddenly there are $25K EVs flooding the market and I assure you, Chinese hatred or not, those cars at that price will sell like Beanie Babies in the ’90s.
Well, of course. Nobody, who would otherwise have any reason to give a shit, cares about the long term. Investors demand their quarterly returns, and the C-suite demands their quarterly bonuses. If the company fails, the C-suite moves on to wreck other companies. The only investors who will feel the pain are the individual suckers that swallowed all the advice fed to them by institutional investors, who have a genuine interest in making sure someone else is left holding the bag.
And they get propped up by a market that’s like “Trump said there’s a deal! BUY BUY BUY!” 37 straight times (maybe the 38th time is the charm?!)
There is going to be some sort of reckoning, and the question is simply what that’s going to look like. Nobody is polling this question, but is Luigi Mangione more popular than Donald Trump right this minute? I have a feeling the answer is somewhere between “yes” and “gosh that’s shockingly close” and I don’t think the business genius class has that on their radar at all. So I’m not sure there’s a course correction coming outside of “Uh oh, it’s suddenly real bad all over.”
…it’s sort of like everyone keeps finding yet smaller slivers of daylight between “we’re here” & “that’s totally fucked, mate – FUBAR city over there”…& it’s sort of on a “keep the futures in the window” basis so once it all ramps back up to the usual order of flowrate you can say wise stuff about having priced it in?
…I don’t know who exactly it fucks how exactly…but we’ve been at it long enough pretty soon some of the were-futures-once prices have to be overlapping with some spots on the today’s-supply chart so maybe the whole deal is just make-number-match-&-no-problem…but…there are metric fuck-tonnages of oil that ain’t where it normally…”ain”…&…however hard nobody blinks…that is a big fucking hole in something’s picture…so…how we’re all collectively agreeing the price of gas in the US isn’t like places that call that petrol is as mysterious to me as it ever was
…but it makes about the same amount of sense as how much musk is worth…or…you know…president faceplant…so…par for the course, I suppose?
I have solar & an EV & it has been amazing. It costs me almost nothing to drive, when I get to drive it. My wife used to be afraid to drive the EV but because she has a longer commute, she drives it everyday now.
…few years back now I stayed in a town up past aberdeen along the coast…& it’s not generally famous for being warm thereabouts…& the majority of the homes had the same not-how-I’m-used-to-those-looking solar panels…so I eventually find a local happy to natter about them & it turns out those are “the other sort”…not your photovoltaic…that’s functionally infinite hot water for a household, apparently…off…don’t think I saw anywhere with two of those…throw in a ground-source heat pump & a well with potable water & find enough other surfaces for the photovoltaics & the savings might pay for the EV quicker than you can decide you want a new one
…not that many people can exactly exercise most of those options…that hot water one I’m still surprised I don’t see more of, though?
The hot water stuff’s been around in one form or another, since the 70’s!
If yiu ever get a chance to look at the back archives of Mother Earth News?
They talked about how to set up those, *and* Masonry/Thermal Mass woodstoves. The kind that burn *hot*, but only for a short time, 2-3 times a day.
They burn *hot* enough to consume nearly all the creosote & other particulates, and just send hot air up the chimney-which is *then* routed around & through the masonry so much, that it acts as a heat-sink, giving off warmth all day;
I know some people have had mid-to-bad experiences with EVs, but in my own circles here, I know 0 people who are desperate to go back. People generally like them and like owning them! (And as you noted, if you can add solar to the mix, all the better.)
Also, Solana is — hilariously — a local company to me, this little manufacturer of mechanical measuring instruments that was around for decades. It got bought and sold and rebranded as CRYPTO~! something something and now is out here running big-time scams. The cirrrrrrrcle of liiiiiiiiiife
…oh, hey…I forgot…you can’t tell because of the don’t embed me thing…but…sharon’s back…as in sharonk…this is a good thing, folks…it shows that nature is healing, I expect…anyway
neither the Tories or the Labour Party have actually come to grips with the electoral coalition they actually rely on, and it’s maddening
…that sharonk…not like other people don’t say stuff
Tbf to myself it's been a while since I was truly uninformed by this, but some past version of me would be truly shocked by the extent to which bizarre LARPing psychodrama plays a crucial role in national politics. I don't get why this means so much to them.
…so…that’s maybe a nice thing we all get to have…again
(this is what Lord Glasman actually believes)
I think Labour should go back further and once again proudly represent the nations chimney sweeps and lamplighters and ice cutters, proper jobs for proper working people
there’s a lot to unpack here Lord Glasman
it is genuinely bizarre how there is a bipartisan obsession with 1950s ultranationalism in both the UK and the US, though i feel the postwar glorious years explain a big chunk of this
bizarre how much people want to go back to the "good ol days" of like 1850-1950
Sums up the problem with this government, in that they claim to want a stronger defence sector, and an industrial sector to support it, and they want better public services, a lot more housebuilding, and low inflation and interest rates, and also low tax on private consumption…impossible ambitions
this is fairly obvious once you move outside the discourse areas of Cali and NY/Toronto + Vancouver, where almost every NIMBY you encounter is the worst Tory/Republican you know
Are liberal communities more NIMBY than conservative ones?In new research, I examine how housing supply changed in US cities & counties from 2000–20. http://www.tandfonline.com/doi/full/10….One key finding: Liberal places build *more* housing in their existing neighborhoods than do conservative ones.
You can check out the full article here, published in the journal Housing Policy Debate: http://www.tandfonline.com/doi/full/10….And you can find a free pre-print version, as well as data & code ⏬
This is the perfect Kemi Badenoch line: obviously crazy, coarsens our politics and the kind of thing that collapses if she ever put herself somewhere she might face a gentle follow-up question. What does she think the Gestapo *did*?
She’s the product of the modern media ecosystem in that it travels well among her base, and if she’s asked about it on broadcast it’s a “isn’t that a bit offensive?” question she bats off, making her seem like she “knows what she thinks” and “tells it like it is”.
Whereas in the era where you had to be able to survive half an hour of non-combative follow up questions like “just walk me through this comparison”, she would be outed and finished for what she is: the least suitable candidate the Tory party has put up for PM.
The other way that Kemi is a thoroughly modern British politician is that that UK is post-imperial enough that the reasons this is nuts are not commonly known by the limited number of people she will do interviews with:
If in 1994, Tony Blair had said 'John Major is using Mugabe tactics', a sentence of comparable insanity to 'Ed Miliband is exactly like the Abacha regime' enough people in the media here in the UK would have a basic familiarity with the politics of Zimbabwe to go 'are you drunk?'
'Kemi, you appear to think that "not drilling oil" is usefully comparable to "sending in the army to brutally crush striking oil workers so you can resume drilling and funnelling the profits off to yourself". Can you explain this?'
As I write in my column today, character really matters. And fundamentally the issue with Kemi is that the things she says shows her judgement is poor and her way of viewing the world is too rigid and nutty to do the job of governing properly:
…it’s nice…sharon’s back…it’s a good day…oh…right…the…said-I-was-done…ok…yeah…I did, at that…I…was just happy about the whole sharonk thing…you can be called sharon & still be funny…that’s being prejudiced against sharons looking at me that way…that’s what that is…what you got against people called sharon, huh?
…no…totally different pronunciation, chief…how about we chalk it up as a misunderstanding & we’ll say no more about it
SCOOP: So remember Dialog, Peter Thiel's private society that doesn't have a public website and no public list of members? I (along with a number of other journalists) have just been tipped off that embedded in the code of their closed off website there IS what seems to be a list of some members.
I don't think the average "gamer" really understands just how dire it is yet.Like, games are still coming out and things still feel 'normal' if all you do is browse Steam, but the industry is very much hemorrhaging amazing people at an unsustainable rate and you *will* feel it in time.
…I have/had seen some bits about the thiel thing but haven’t yet had a minute to get into the wired thing or properly into the weeds about it…yet
…on the gaming thing…I’m behind the curve…but I believe a bunch of dev shops have wound up shuttered behind some Xbox exclusivity stuff panning out bad…not so long ago gaming was the standout boom industry of the entertainment sector & overtaking the movies for making money…funny how fucking over the people that play them & the people that make them & the people that make the stuff they play them on that can do other stuff…hasn’t paid off…can’t imagine why?
…&…big yeah on the billy-no-mates pic…orange is the new pariah…got that surrender-monkey stank on ‘im…or…that might be whatever they’re pumping him full of, I suppose…either way…a picture speaks a thousand words & suchlike
…everyone knows misery loves company…but…for a particular misery…gotta say…the quality of the company goes a long way
…not that it’s my house, exactly…but…I kinda like it?
…you got to hang out somewhere…& I’d trade most of the internet for this place on a given day…jump at the chance even…if the bits I’m thinking of went away the leftovers would be pretty fucking sweet now that I think about it…so…I should…probably stop doing that…it’s bound to end badly?
eh misery is relative
whilst my reality is not less sucky than yours
i do have 3 weeks off
…c’mon…how many miserable bastards can boast farscy came to see them even on his holidays?
…I reckon that probably makes me some kind of a big deal…but I’ll try not to let it go to my head?
honestly…is a fun game i has
how many ways is your life worse than mine
as an american… then tell me you are the greatest
anyways im a vicious vindictive bitch…so
damnit fucked up my song
…everybody but your dog
…that’s a nice touch…classy, even
anyways…now that ive sobered up…id just like to point out…umm the general point stands…
nothing personal like
…pretty sure you’re good
…but…failing that…you’re on holiday…so…you’re still better off by the numbers?
lol..im aware i was being a dick
just hitting that awkward realization…where i dont know what id do diffrent if i wasnt
Hey, you gotta keep it classy!
(My son loves this song and gets SO excited to sing along with it, for obvious reasons.)
…ah…yeah…that [ETA: … ] block…that…probably is about post-size for most working definitions of a post, singular…but…wordpress barely adds a minute to the ET(t)R…though I guess it does push it past the 25min mark…allegedly
…ah, well
…eh…my bad…make that…lesseenow…uh…33mins…is a 33 a LP…asking for…ah…nevermind…done is done…&…pretty sure I’m done…third time’s the charm & such?
It’s so funny to watch businesses self-immolate to chase short-term profits and conditions. There’s gonna be an EV market in America. Trump’s not gonna be president forever (and may well see 90% of his power get drained away five months from now) and carmakers are just like … nah. All it takes is one non-racist politician to be like “Hey, we’ll play ball with BYD” and suddenly there are $25K EVs flooding the market and I assure you, Chinese hatred or not, those cars at that price will sell like Beanie Babies in the ’90s.
Well, of course. Nobody, who would otherwise have any reason to give a shit, cares about the long term. Investors demand their quarterly returns, and the C-suite demands their quarterly bonuses. If the company fails, the C-suite moves on to wreck other companies. The only investors who will feel the pain are the individual suckers that swallowed all the advice fed to them by institutional investors, who have a genuine interest in making sure someone else is left holding the bag.
And they get propped up by a market that’s like “Trump said there’s a deal! BUY BUY BUY!” 37 straight times (maybe the 38th time is the charm?!)
There is going to be some sort of reckoning, and the question is simply what that’s going to look like. Nobody is polling this question, but is Luigi Mangione more popular than Donald Trump right this minute? I have a feeling the answer is somewhere between “yes” and “gosh that’s shockingly close” and I don’t think the business genius class has that on their radar at all. So I’m not sure there’s a course correction coming outside of “Uh oh, it’s suddenly real bad all over.”
…it’s sort of like everyone keeps finding yet smaller slivers of daylight between “we’re here” & “that’s totally fucked, mate – FUBAR city over there”…& it’s sort of on a “keep the futures in the window” basis so once it all ramps back up to the usual order of flowrate you can say wise stuff about having priced it in?
…I don’t know who exactly it fucks how exactly…but we’ve been at it long enough pretty soon some of the were-futures-once prices have to be overlapping with some spots on the today’s-supply chart so maybe the whole deal is just make-number-match-&-no-problem…but…there are metric fuck-tonnages of oil that ain’t where it normally…”ain”…&…however hard nobody blinks…that is a big fucking hole in something’s picture…so…how we’re all collectively agreeing the price of gas in the US isn’t like places that call that petrol is as mysterious to me as it ever was
…but it makes about the same amount of sense as how much musk is worth…or…you know…president faceplant…so…par for the course, I suppose?
I have solar & an EV & it has been amazing. It costs me almost nothing to drive, when I get to drive it. My wife used to be afraid to drive the EV but because she has a longer commute, she drives it everyday now.
…few years back now I stayed in a town up past aberdeen along the coast…& it’s not generally famous for being warm thereabouts…& the majority of the homes had the same not-how-I’m-used-to-those-looking solar panels…so I eventually find a local happy to natter about them & it turns out those are “the other sort”…not your photovoltaic…that’s functionally infinite hot water for a household, apparently…off…don’t think I saw anywhere with two of those…throw in a ground-source heat pump & a well with potable water & find enough other surfaces for the photovoltaics & the savings might pay for the EV quicker than you can decide you want a new one
…not that many people can exactly exercise most of those options…that hot water one I’m still surprised I don’t see more of, though?
The hot water stuff’s been around in one form or another, since the 70’s!
If yiu ever get a chance to look at the back archives of Mother Earth News?
They talked about how to set up those, *and* Masonry/Thermal Mass woodstoves. The kind that burn *hot*, but only for a short time, 2-3 times a day.
They burn *hot* enough to consume nearly all the creosote & other particulates, and just send hot air up the chimney-which is *then* routed around & through the masonry so much, that it acts as a heat-sink, giving off warmth all day;
Sometimes, copper tubing was also run through the masonry, so that additional “on demand” hot water was available for washing & bathing purposes.
I’ve been driving an EV since 2019. No complaints. If I have to drive way past my range then I’ve rented a car or now drive Dad’s Accord.
I know some people have had mid-to-bad experiences with EVs, but in my own circles here, I know 0 people who are desperate to go back. People generally like them and like owning them! (And as you noted, if you can add solar to the mix, all the better.)
Also, Solana is — hilariously — a local company to me, this little manufacturer of mechanical measuring instruments that was around for decades. It got bought and sold and rebranded as CRYPTO~! something something and now is out here running big-time scams. The cirrrrrrrcle of liiiiiiiiiife
If they are able to pull this off, we need to go after every one of their incompetent assholes if we ever regain power…
https://www.newsweek.com/republicans-push-to-impeach-obama-appointed-judges-12075328
Hilarious that they don’t deny any part of the story, they just freak out it was leaked so accurately!
https://www.ms.now/all-in/watch/trump-team-fears-leak-of-epstein-situation-room-tapes-report-2503733315776
I’m glad to see some fighting back, hope it is not too late!
https://www.kuow.org/stories/lawmakers-fight-to-stop-the-trump-administration-s-dismantling-of-a-386m-ocean-observatory-project
See Libtards, it was all part of the plan!
I want to believe that’s AI, but also, that fuckstick would swim in it.
…oh, hey…I forgot…you can’t tell because of the don’t embed me thing…but…sharon’s back…as in sharonk…this is a good thing, folks…it shows that nature is healing, I expect…anyway
…that sharonk…not like other people don’t say stuff
…but sharon is a fucking delight
…you know the variety that’s the spice of life…that…sharon might be dieworkwear good at this
…so…that’s maybe a nice thing we all get to have…again
…what’s that look for?
…it’s nice…sharon’s back…it’s a good day…oh…right…the…said-I-was-done…ok…yeah…I did, at that…I…was just happy about the whole sharonk thing…you can be called sharon & still be funny…that’s being prejudiced against sharons looking at me that way…that’s what that is…what you got against people called sharon, huh?
…no…totally different pronunciation, chief…how about we chalk it up as a misunderstanding & we’ll say no more about it
…can’t say fairer than that now, can I?
Rip, *how* have i not seen you comment anything on the whole Thiel/”Dialog” thing that started blowing up last night‽‽‽
There’s even a *real* story on it now, from Dell Cameron, over on Wired!
https://www.wired.com/story/leak-exposes-members-of-peter-thiels-secretive-dialog-society/
https://www.wired.com/story/leak-exposes-members-of-peter-thiels-secretive-dialog-society/
These were interesting, too;
…I have/had seen some bits about the thiel thing but haven’t yet had a minute to get into the wired thing or properly into the weeds about it…yet
…on the gaming thing…I’m behind the curve…but I believe a bunch of dev shops have wound up shuttered behind some Xbox exclusivity stuff panning out bad…not so long ago gaming was the standout boom industry of the entertainment sector & overtaking the movies for making money…funny how fucking over the people that play them & the people that make them & the people that make the stuff they play them on that can do other stuff…hasn’t paid off…can’t imagine why?
…&…big yeah on the billy-no-mates pic…orange is the new pariah…got that surrender-monkey stank on ‘im…or…that might be whatever they’re pumping him full of, I suppose…either way…a picture speaks a thousand words & suchlike