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The generative AI con
Everywhere you look, the media is telling you that OpenAI and their ilk are the future, that they’re building “advanced artificial intelligence” that can take “human-like actions,” but when you look at any of this shit for more than two seconds it’s abundantly clear that it absolutely isn’t and absolutely can’t. Despite the hype, the marketing, the tens of thousands of media articles, the trillions of dollars in market capitalization, none of this feels real, or at least real enough to s … ⌘ Read more

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Royal Bank of Canada’s Cloud Evolution
Royal Bank of Canada (RBC) is a global financial services institution and Canada’s largest bank (based on market capitalization). Technology is vital for RBC to deliver cutting-edge services to our clients and advance our businesses, ultimately… ⌘ Read more

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** Not what I was expecting **
A while ago I was talking with someone about books. I mentioned that I like to read capital R romance novels, and like 19th century literary realism.

This person excitedly recommended Victor LaValle’s The Changeling. Knowing nothing about it, and because I pretty much say“yes” to any book recommendation I get from a real live person that I can find at the library, I’ve been reading it.

My dude. What the fuck!? This is just horror. 🥲😨 ⌘ Read more

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Dilli Hai Dilwalon Ki
(Translation: “Delhi is for the warm-hearted”) A Delhi guide by Kunal Kushwaha, Field CTO at Civo The capital city of India, Delhi, has roots that trace back thousands of years. Known as Indraprastha in ancient texts dating as… ⌘ Read more

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Think $5.50 is too much for a flat white? Actually it’s too cheap, and our world-famous cafes are paying the price
Our recent survey of Australian capital cities found the average price of a small takeaway flat white at speciality venues is $4.78. But in some international capitals, it’s almost double this, even after adjusting for local purchasing power parity. ⌘ Read more

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Erlang Solutions: Blockchain Tech Deep Dive | 6 Principles
Blockchain technology is transforming nearly every industry, whether banking,  government, fashion or logistics. The benefits of using blockchain are substantial. Businesses can lower transaction costs, free up capital, speed up processes, and enhance security and trust.

We’re mapping out the six key principles for blockchain integration success, so businesses can navigate the challenges and opportunities this disruptive tec … ⌘ Read more

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@adi@twtxt.net @prologic@twtxt.net It’s worth bearing in mind that

I used to have a lot of hope for them but these two ingredients mean that enshittification is virtually inevitable.

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**RT by @mind_booster: Remember:

  1. We’re at 1.25/1.75°C of global warming and rising fast.

  2. Fossil fuel emissions should have peaked in 2022 to avoid 2.5°C, but they didn’t.

  3. Forest degradation is getting worse.

  4. Capitalism has put world-ending 2.25/2.75°C by 2045- 2090 in the pipelines. 🧵**
    Remember:

1. We’re at 1.25/1.75°C of global warming and rising fast.

2. Fossil fuel emissions should have peaked in 2022 to avoid 2.5°C, but they didn’t.

3. Forest degradation is getting worse.

4. Capitalis … ⌘ Read more

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RT by @mind_booster: There’s a lot of competition for the title of “Most On-The-Nose Symbol of Late Stage Capitalism,” but I think there’s a strong case for awarding the crown to #VaccineApartheid - the decision to deny covid vaccines to billions of poor people in the Global South. 1/
There’s a *lot* of competition for the title of “Most On-The-Nose Symbol of Late Stage Capitalism,” but I think there’s a strong case for awarding the crown to [#VaccineApartheid](https://nitter.net/search?q=%23VaccineAparthei … ⌘ Read more

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RT by @mind_booster: Two related stories this month show capitalism’s incompatibility with human and non-human flourishing. First, a study found all rainwater on earth is unsafe to drink because it’s contaminated with the ‘forever chemicals’ Per- and poly-fluoroalkyl (PFAS). 🧵https://www.euronews.com/green/2022/08/04/rainwater-everywhere-on-earth-unsafe-to-drink-due-to-forever-chemicals-study-finds
Two related stories this month show capitalism’s incompatibility with human and non-human flourishing. First, a st … ⌘ Read more

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/r/sneerclub believes that everybody in the bay is attending ceremonies where peter thiel and moldbug sacrifice black children on the altar of acausal capitalism, of course, they are right.

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Erlang Solutions: Blockchain Tech Deep Dive ¼

INTRODUCTION

Blockchain technology is transforming nearly every industry, whether it be banking,  government, fashion or logistics. The benefits of using blockchain are substantial – businesses can lower transaction costs, free up capital, speed up processes, and enhance security and trust. So it’s no surprise that more and more companies and developers are interested in working with the technology and leveraging its potential than ev … ⌘ Read more

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Are the people who think ‘problematic’ means ‘cancelled’ the same ones who think ‘there is no ethical consumption under late capitalism’ means ‘never buy anything’? Glad I don’t know any of them.

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Trendism is the logic of financialized speculative capitalism extended to the realm of takes: information about information about information (even if it’s false) exceeds the value of the baseline information.

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Public service announcement: markets & capitalism aren’t the same thing. You can have non-capitalist or even anti-capitalist markets (ex., cases where progressive taxes actually make rentseeking infeasible, or markets without private property). You can have capitalism without markets (like inside a corporation).

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Trendism follows the logic of capital. The more capital you have, the less risk any investment is & the more you stand to gain from it. Given a diverse portfolio, a large investment will grow while a small one disappears: capital’s gravity at work.

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