jwwr

@jwwr.bsky.social

An Antipodean disciple of Brandolini's Law trying not to succumb to it. It’s a pity we’re so bad at the whole ‘equitable distribution’ thing. Personal account, etc.

House prices have been growing three times faster than wages since 1999. If first home buyers are going to get a chance, we need a temporary drop in house prices. We need a public developer to build and sell homes people can actually afford. www.afr.com/property/res...

Top-end property prices hit hardest as housing slump deepens

Sydney led a national housing market downturn, tumbling 1.4 per cent in July alone as premium properties took the brunt of the fall with a 1.8 per cent decline.

afr.com

hermit-tech.com/blog/ai-mani... @doctorow.pluralistic.net shared this corker in his @thenerve.news column by Nikhil Suresh: enterprise AI is a mania of emperor's new clothes, only the fierce loyalist survive culls yet few can show tangible CEO claims that AI is "changing everything" when it's not

AI Mania Is Eviscerating Global Decisionmaking

The reality of how much damage AI mania is doing to our ability to run institutions effectively.

hermit-tech.com

"While renewables are cheaper than fossil fuels in nearly all circumstances, fossil fuels are more profitable, because useful reserves are limited and can each be monopolised by a single corporation, while prices can suddenly take flight in times of war or chaos." -George Monbiot

George Monbiot@georgemonbiot.bsky.social · 15h ago

My column on how capital becomes a death cult. Faced with a choice between profit and human life, the radical right chooses profit. Then it tries to persuade us that mass death is what we want. It's the new phase of climate denial: accept your fate, earthlings. www.theguardian.com/commentisfre...

Phang: "Capital One said, 'We don't want the business anymore of the 45th president of the United States, his businesses, his failed sons, and his revocable trust.' So you can imagine -- I am just hypothesizing... but it suggests whatever Capital One uncovered was pretty bad. Makes you wonder..."

It's difficult for words to convey just how disappointing this NSW Govt decision really is. Apparently, some kinds of hate deserve criminal punishment, while others don't. And the main difference seems to be whether faith groups are doing the hating. #nswpol #auslaw www.smh.com.au/politics/nsw...

NSW government rejects own inquiry’s hate speech findings after months of delay

The Minns government will ignore the key recommendation of its own inquiry into hate speech laws.

smh.com.au

Crop yields down, our countryside scorched and over 2800 people are dead due to this summer's heatwaves. Meanwhile fossil fuel giants are raking in record profits. We must end this rampant profiteering, and cut fossil fuels from our energy mix as soon as possible.

Damian Carrington@dpcarrington.bsky.social · 2d ago

BP profits more than double to $5.7bn in three months as Iran war sends oil prices soaring - "While BP banks enormous profits, millions of households are paying the price" #energycrisis #climatecrisis www.theguardian.com/business/202...