Ira.R

@iraregmi.bsky.social

A lot of the money behind the AI boom is coming from pension funds of working class people and when parts of the AI bubble burst, private capital gets protected, while ordinary people can be left with the losses. The AI Data Center Gold Rush: The Bailout State Behind It - youtu.be/fHwYIFa1mNE

Cant take the valorization of this sentiment as an indication of love, hope or human decency. Loving the U.S., waving its flag, and insisting that the violence that is constitutive to the U.S. state as not USian is incoherent and dangerous. I wrote something last week that speaks to this!

Exiled From Our Own Struggle

How immigration discourse reproduces paradigms of imperial extraction

substack.com

Cooper River Indivisible@crindivisible.bsky.social · 8mo ago

Yesterday morning kids were sent running from their bus stop in panic because ICE showed up. This guy at today’s ICE Out of Lindenwold protest is a must watch 😭. @maddow.bsky.social

Notice how the popular media narrative has moved on, while people on the ground in Minneapolis are still struggling and crying out that things are as bad as ever. This is how fascist regimes operate — overreach, recalibration, normalization. Get louder, not quieter.

The Trump administration is engineering a brutal reordering of global capitalism. While claiming isolationism abroad and racism at home, they're actually forging a transnational capitalist alliance powered by AI. American fascists seek other fascists willing to enforce technological extraction.

Globalization 2.0: Artificial Intelligence and the New Fascist Order

How American tech supremacy forges a transnational fascist alliance through artificial intelligence

substack.com

Read about how the U.S. turned crisis management into the basis of accumulation. We live in a world where the state’s perpetual arbitration in the financial system has become the precondition for accumulation itself.

Ira.R@iraregmi.bsky.social · 11mo ago

Part 2 of my AI investments series is live! The question isn't whether the state will bail AI firms and their financiers out. It's understanding why bailouts have become structurally inevitable under the contemporary form of financialized capitalism.

PLEASE STOP ENGAGING WITH HARRY POTTER SHIT! This includes everything from the video games, movies, TV shows to casually referencing HP content ! The scale of damage this one billionaire is able to cause to the trans community is staggering!

Alejandra Caraballo@esqueer.net · 10mo ago

Every dollar JK Rowling makes from Harry Potter is going into bankrolling an extortion racket issuing legal threats to organizations across the UK to purge themselves of trans people or face ruinous lawfare.

NEW TWIST: data centers in farm country may accelerate nitrate contamination from agricultural sources with big implications for public health. Studies are needed to confirm or refute this finding. Lack of transparency, monitoring, regulations makes it tough. www.rollingstone.com/culture/cult...

'The Precedent Is Flint': How Oregon's Data Center Boom Is Supercharging a Water Crisis

Amazon data centers constructed in eastern Oregon's farmland have worsened a water pollution problem that’s been linked to cancer and miscarriages.

rollingstone.com

This is a very comprehensive mapping of AI financing structure and points to some really important dynamics. I’d pay attention to the GPU depreciations and especially the cash flow uncertainty @advaitarun.bsky.social points to!

advait@advaitarun.bsky.social · 11mo ago

Today's new @publicenterprise.bsky.social report is a comprehensive analysis of the capital structure of the entire AI sector: data center real estate, GPU markets, private credit, you name it. It's also a financial risk management framework for policymakers! publicenterprise.org/report/bubbl...

sometimes it will just hit me that over a million americans died from covid in a short period of time and we never had a national mourning. we never collectively grieved. we never honored the dead. this feels like a failure