Openai is blowing through cash spending on datacenter buildouts and hoarding gpus and other data center components for demand that will likely never materialize. This will be the bubble of the century.
Terry Moran
@terrymoran.bsky.social
NOT the former ABC news guy. Southside Chicago now a Northsider. Chicago native. St. Rita HS. Yale. UChicago MBA. Derivatives and Market Structure Reg is work, so none of that here. Mostly cooking related. And Newfies.
Solid chance Openai goes belly up and takes softbank and oracle with it. Couldn't happen to more deserving companies.
Still the absolute funniest "trailer remix" ever made -- as well as one of the very first of its kind, debuting in 2005 Every shot is perfectly chosen God I could watch this all day
1. The thing about Donald Trump is that he's bad at being president. I don't mean tyrannical or fascist or criminal or corrupt. Those adjectives obviously apply, but I mean *just plain bad*.
The members of DOGE should not comfort themselves that were doing good or making government more efficient. DOGE treated government like that restaurant in Goodfellas: they took a legitimate business, stripped of its assets, and burned the joint, youtu.be/ZPtjyqgZAUk?....
Goodfellas Restaurant Scene
YouTube video by WatchKalibRun1
youtu.be
Today in "neither our media nor our political system is designed to deal with a far right authoritarian party" I don't care what this guy or anyone else thinks about policy X or agency Y. It's a crime to do what the DOGE guys did. They all, including Elon, need to go to jail forever.
Sad excuse for journalism: Big profile of DOGE lord doesn’t say a word about all the damage he did. And it was not an “ill fated cost-cutting effort.” It was a malignant, catastrophic attack on the government and its workers by arrogant and ignorant assholes. www.washingtonpost.com/technology/2...
Here's a good article by HamNo that gets at a point that's missing in today's debates. We tend to argue about something without agreeing on its basic definition. few "no socialism!" people want to go back to the days of Pinkertons @hamiltonnolan.bsky.social www.hamiltonnolan.com/p/i-want-you...
I Want You To Tell Me What “Socialism” Means
Before you tell me if it’s good or bad.
hamiltonnolan.com
We will vote to rebuke him so decisively no president will dare such abuses again for centuries.
I guess we can add Trump managing to end the Kennedy Center to the rest of his legacy: - new wars, incompetently managed - destroyed USAID, killed hundreds of thousands - highest debt and deficits in US history - out of control costs and inflation
Having a visual of how much debt we're in is always helpful as looking at $40 Trillion seems incomprehensible. And to think, with all this waste, we could have healthcare, free school lunches, affordable housing, etc. 1 red cup = $1 Billion! Get out and VOTE! #ProudBlue 📹: yobencohen
Look at this loathsome repulsive creature yelling at a reporter. In addition to the fact that he’s the worst president in US history, he’s one of the worst human beings on planet earth. His supporters have a very serious defect in their character.
I want to say wonderful, but really, a touching personal note from someone who was there on 9/11. There on the periphery.
So I was in NYC on 9/11 and my then future husband was in Chicago sleeping through it because 9/11 is his birthday and he’d had an epic bday night out the night before
Here’s what did and didn’t happen on September 11th, 2001.
🎯SIX IMPEACHABLE THINGS BEFORE BREAKFAST: "The agreement has not been shared with member of Congress, who determine how US federal funding is spent"
The agreement was signed out of the public view a month ago by Pentagon official Robert Kadlec and NIH Director Jay Bhattacharya, echoing my reporting. It establishes a 10-year framework that officially runs through September 30, 2036.
Nice piece by CBC's Andrew Chang on the Nepal debris flow. We need more Andrew Changs in the media! www.cbc.ca/player/play/...
Why the Nepal flash flood was almost impossible to predict | About That
A collapsed glacier in Nepal caused catastrophic flooding that killed more than a thousand people, while thousands more are still missing. Andrew Chang breaks down what accelerated the flood to such a...
cbc.ca
"Will Republicans Be Asked to Disavow Elon Musk Over His Latest Creepy Antisemitic Post?" Amid the never-ending frenzy over Hasan Piker, the GOP’s top donor just posted a bizarre pseudoscientific statement about Jews, DNA, and white identity. My latest for Zeteo's 'First Draft' morning newsletter:
First Draft: Will Republicans Be Asked to Disavow Elon Musk Over His Latest Creepy Antisemitic Post?
Amid the never-ending frenzy over Hasan Piker, the GOP’s top donor just posted a bizarre pseudoscientific statement about Jews, DNA, and white identity. Plus: Congress says you have to like Israel.
zeteo.com
I dug up the full episode of the Duffy podcast from 2024. He connects Sydney Sweeney’s “assets” to climate change.
Write it on the blackboard a thousand times: they will have to demolish the ballroom, the arch and so forth. They will have to make a show of it. You will get the usual sons of bitches saying we don’t do that in this country. We do now. That is not emotion, it’s politics. To do less is dereliction.
Definately worth a read. As these stories all do, this brings back all the feelings of that day. Personally, I remember seeing the next door Sear's Tower as the reports came it that it was a probable target.
History says the 9/11 attacks began at 8:46 a.m.—but that's not how most, from NYC officeworkers to the President, experienced it. Instead, the "attack" begins at 9:03, when we saw the second plane strike. I wrote abt the fascinating 17 minutes in between: www.nationalgeographic.com/history/grap...
logging on to the earnest high-info neurotics website every day during the everything going wrong decade: 'you know, the vibes here could be better'
"should cyclists wear helmets" discourse is such a good one because the arguments for both positions are totally common-sense and unassailable, everyone just digs in.
Just a fantastic thread. Do read all the way to the end
This girl I used to waitress with in Austin, we moved to New York together in 2003 on a literal Greyhound bus. Shared a fifth floor walk-up studio that, when it rained, had more leaks in the ceiling than we had pots and pans. We used to get drunk and smoke off the fire escape and do “sad-offs.”
🧵You can't talk about Natalie Harp w/o talking about how strange she is. This isn't making fun of physique or bearing. It's about obsessive/creepy behavior. And it matters on policy. As a former Republican media consultant, I can tell you that this attack is astonishingly effective w/the public...
Another great Doctorow string on how we need to start thinking of AI/LLMs as a normal technology; useful to some, useless to others. And stop elevating their leaders as super villains.
Maybe it seems weird that AI bosses won't stop rending their garments about the terrible potential of their bots, from the jobspocalypse that'll ensue when AI does our jobs, to the impending moment when the word-guessing programs learn too many words, wake up and turn us into paperclips. 1/
Hahahahahahahahahahahahahahaahhaahhahahahahahahahahahahahahahahahahhahahahahahahaha
Here's a good (but long) string on digital advertising, and why your ad-block, or ad-block pro, sometimes let's ads through.
I really wanted to address this take by @mtsw.bsky.social and they have fairly closed it off, but I am going to use a screenshot because I think this is a really good topic to discuss and as someone for whom this is my entire job and has been for over a decade now I actually agree and disagree... 🧵