- 20 Posts
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Redditsux@lemmy.worldto
World News@lemmy.world•China arrests Indian woman at Shanghai airport claiming her place of birth - the state Arunachal Pradesh in Northeast India - is 'Chinese territory'English
201·2 months agoShe is likely Tibetan and not ethnic Han Chinese.
Redditsux@lemmy.worldto
Technology@lemmy.world•The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDPEnglish
2·3 months agobut that contradicts the great justification for capitalism: efficient markets. Monopolies are the exact opposite of efficient markets.
Redditsux@lemmy.worldto
Technology@lemmy.world•The Value of NVIDIA Now Exceeds an Unprecedented 16% of U.S. GDPEnglish
1055·3 months agoI want to make a clarification here before we all get too far ahead with “16% of GDP”. There are many things wrong with the way giant tech companies dominate their respective fields. However the value of a company does not equal its’ share of the GDP. GDP is the OUTPUT of a country in 1 year. It does not equal the value of all the private enterprises combined which is what this comparison is trying to do. What we want to compare then, is to take NVIDIA’s output in ONE YEAR and see how much of the economy it dominates. US GDP is ~ 30 trillion in 2025. Nvidia’s output or revenue for current fiscal year is ~ $200 billion. That’s 0.6% of the GDP. That’s far cry from 16%, by about 27 times less.
What we should be concerned are the size of the market cap of these giant tech companies dominating the total value of the stock market, as well as the monopolistic margins these companies enjoy. All of these contribute to the imbalances in the world we see today - in the economies, in the society and social structure, and in politics. Communism once rose two centuries ago in protest against the concentration of power in the hands of a few. A solution is needed to remedy the imbalances of today.
Redditsux@lemmy.worldOPto
Technology@lemmy.world•Huawei says its AI phone has 'emotions' trained by DeepSeekEnglish
31·10 months agoTrump is just so fucking dumb. He is literally destroying the market for US products. In the past regardless of politics companies were independent of it, and foreign customers can rely on the companies to provide service with respect to rule of law, privacy, etc. The past US presidents refrained from fucking that up unless it involves transferring sensitive tech to unfavored nations. Now all the moves Trump does are endangering that.
The flipside is, once these Chinese products with Chinese OS invade the globe, every individual’s privacy is at risk, because we all know where China stands there.
Redditsux@lemmy.worldOPto
Technology@lemmy.world•Grok Reveals Elon Musk Has ‘Tried Tweaking My Responses’ After AI Bot Repeatedly Labels Him a ‘Top Misinformation Spreader’English
142·10 months agoIs this response by Grok real? How does it have awareness that its responses are being tweaked?

















Here’s the play: Trump forced embargos on Venezuela oil that made Venezuela-owned CITGO refineries designed to refine Venezuelan oil unprofitable. US Courts forced sale of CITGO assets, Singer swooped in and bought them for $5.9billion, a third of its $18billion value (oil refineries are very expensive to build). 2 months later, Trump attacks Venezuela, removes Maduro and Venezuelan oil is legal again. Presto! Instant profit in billions!!!