Showing posts with label AI. Show all posts
Showing posts with label AI. Show all posts

Sunday, July 26, 2026

In the #News #Economy #Politics - Musk Says AI and Robots Will Do Everything

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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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Musk Says AI and Robots Will Do Everything

The biggest workplace debate of the next decade might not be about asking for a raise. It could be figuring out what to do when the robots have already finished the job.

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Sunday, May 17, 2026

In the #News #Economy #Politics - AI, Purpose, and Reset

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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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AI, Purpose, and Reset

Society without purpose will not stand the test of time.

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When machines write for us, it destroys the thinking process necessary for creativity, discovery, and purpose. Corporate leaders tell us that our kids will work 3.5 days a week, live to 100 because AI is going to cure cancer, prevent car crashes, save lives, discover and create.

The younger generations, however, seem far more aware of the flaws of AI. AI, while a useful tool, can only extrapolate from existing human knowledge. Eric Schmidt, the former CEO of Google, gets booed for being just another tone-deaf leader. Ironically, the generation using AI the most may also understand its limits the best. They recognize something many Boomers, Gen-Xers, elites, and institutional leaders either refuse to admit or are too afraid to say out loud. Society become drones when people stop thinking, writing, and creating for themselves.

If kids become drones because AI does everything short of wiping their ass, the quality of human thinking crumbles. And when thinking collapses, creativity, innovation, and discovery go with it. You really think AI is going to cure cancer without deeply creative humans driving it? If you believe that, you probably haven’t used AI extensively.

The point of living is to create. Creativity inspires others to be creative. Perhaps, the same individuals supporting digital ID want the world dependent on universal basic income, and the good graces of AI to survive? What's more likely is that the younger generation tells them to shove their unlimited consumption and debt creation where the sun doesn't shine.

If we continue down this path, the invisible hand is saying unemployment will rise, purpose will decline, and government for being perpetually tone-deaf.

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The Matrix provides market-driven trend, cycles, and intermarket analysis.

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Saturday, May 2, 2026

In the #News #Economy #Politics - Google Signs Deal With Pentagon

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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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Google Signs Deal With Pentagon

The idea that big Tech operates independently from government is beginning to erode with the introduction of A.I. A reported classified agreement allowing Google’s AI to be used for any lawful government purpose highlights this shift, opening the door to applications in intelligence, military planning, and potentially weapons systems. Once integrated into government infrastructure, these technologies blur the line between private companies and state power, especially since companies may have little control over how their tools are ultimately used.

This development challenges the assumption that personal data remains contained within corporate systems, suggesting instead the emergence of a shared ecosystem where private data, AI, and government functions intersect. The shift has sparked internal concern among Google employees about risks like mass surveillance and autonomous weapons, even as major AI firms increasingly compete for defense contracts. More broadly, it reflects a historical pattern in which private innovation becomes intertwined with government authority, raising concerns about concentrated power and control over information and decision-making.

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Friday, February 27, 2026

In the #News #Economy #Politics - AI, Electricity, and Rising Social Disorder

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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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AI, Electricity, and Rising Social Disorder

Goldman Sachs says electricity prices will keep rising as AI data centers drive 40% of demand growth while power supply lags. Prices jumped 6.9% in 2025 and are expected to climb another 6% by 2027, reducing consumer spending and slightly slowing economic growth. Regions served by PJM Interconnection have been especially affected, with watchdog Monitoring Analytics estimating $23 billion in data center–related power costs passed on to consumers.

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Tuesday, October 28, 2025

In the #News #Economy #Politics - Layoffs Increasing, So Unemployment Will Rise

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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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Layoffs Increasing, So Unemployment Will Rise

In 2025, mass layoffs persist across industries including tech, finance, media, manufacturing, retail, energy, and automotive, driven by restructuring, cost-cutting, and the rise of automation and AI. The World Economic Forum predicts 41% of global companies will reduce staff within five years due to AI, though AI and data-related tech jobs may double by 2030. Major corporations cutting jobs include Microsoft (≈15,000), Meta (600+), Intel (5,000+), CNN (200), Disney (hundreds), BlackRock (200), Morgan Stanley (≈2,000), Chevron (up to 9,000), Nissan (20,000), Adidas (500), and UPS (20,000), among others. Tens of thousands of jobs are being eliminated globally as companies, even those with strong profits like Adidas and Meta, streamline operations to stay competitive in a tech-driven economy.

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