Dash Nehring

@punningstunts.bsky.social

(they/them causing may/hem). Mid 30s living on Wadawurrung land. AuDHD, chronically ill. bleeding heart socialist and unionist. All opinions expressed are my own. reposts and likes ≠ endorsements.

Elon Musk, owner of X, has called the editor of the Economist "a traitor to the West, plain and simple" after her recent interview with him. He now argues that "anyone who opposes remigration is a traitor" Musk has been socialising violence since Aug25: "fight or die, that's what it comes down to"

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I'm sorry but this is funny. "only 25 per cent of respondents asserted correctly that higher interest rates would...lead to lower inflation". "in contrast, economists reasoned that higher rates would reduce demand and therefore inflation".

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"An artificial intelligence data centre company "inadvertently published" an "internal" note on its FAQ page, saying it plans to use farm irrigation water for one of its proposed centres, but deleted it after questions from the ABC."

'We do not want to highlight this yet': AI data centre's FAQ slip-up

Data centre builder Firmus posted a statement, since removed, indicating its intention to get some of its cooling water from the state-owned irrigation system, adding "but we do not want to highlight ...

abc.net.au

I think this friction has more to do with the fact that modern grocery stores are designed to make you uncomfortable and slightly confused (so you end up buying more than you otherwise would). It's subliminal for most people, but any additional discomfort feels worse in those scenarios.

Brendel@brendelbored.bsky.social · 2w ago

One of the reasons I like Kurt Vonnegut is he talks so much about stuff like this where people ask him why he buys a single apple instead of a bag and he’s like “because we’re allowed to like walking to the store each day and saying hi to friendly dogs and being human beings”

If I were advising the Albanese government, I would be urging them to consider the risks of being reliant on (in particular) Microsoft, Oracle and Amazon infrastructure to run government systems. Their level of exposure to an AI bust could constitute a national security threat.

Dash Nehring@punningstunts.bsky.social · 3w ago

Read the paper in full but the central result of the BIS working paper is that "the more capacity the sector builds, the higher the productivity bar it must clear to sustain the boom, so a larger boom is both more likely to disappoint and more damaging when it does."

Panel (a) shows investment during five innovation-led booms as multiples of each episode’s pre-boom trough: canals (US, from 1835), railways (GB, from 1843), the 1920s (US, from 1921), dotcom (US, from 1995) and AI hyperscaler capex (from 2023, with 2026 from announced guidance). 

Panel (b) shows the network of equity stakes and compute-purchase commitments linking hyperscalers, chipmakers, AI labs and the leading neocloud, with thicker edges for larger deals.

IMO there are also national security risks in not having a nationalised bank. For example, if there's an economic shock affecting the banking sector, not bailing out banks could leave governments without the ability or infrastructure to pay its own workers. "Too big to fail" is a threat.

Greg Jericho@grogsgamut.bsky.social · 3w ago

One Nation’s idea of a people’s bank is good - probably because it’s not their idea. But that’s about it for decent economic “policy” My column. www.theguardian.com/business/gro...

The Royal Commission hearings today are nuts. ANU is being forensically examined over the decision-making processes for getting a definition of antisemitism. Why isn't the definition being adopted, counsel asks? When will it be? What does any of this have to do with the Bondi terrorist attack?

Having my commute home disrupted last night really took it out of me. Disproportionately so. I have weekend plans but IDK if I'll have the energy for them, and that's really upsetting.😭

Socialism is what they called public power. Socialism is what they called social security. Socialism is what they called the growth of free and independent labor organizations. Socialism is their name for almost anything that helps all the people. —Harry Truman, 1952

I walked into a café this morning and the group ahead of me had ordered 25-30 coffees. I didn't mind the wait, but it was also cool to watch the four café workers make a couple dozen coffees in ~10-15 minutes while also taking other orders. Goes to show there is no such thing as unskilled labour.

I just saw a clip of a purportedly serious journalist telling Count Binface "you're not transparent, and that's the criticism being made of Nigel Farage". In chasing controversy and attention, the media legitimises the farcical. And this, funnily enough, is how Nigel Farage got his start.