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Digital Imperialism: The New Colonialism

Have you been getting the message that machines do it better? That AI is smarter than you? Have you been replaced at work by some sort of artificial intelligence program? Digital imperialism: The new colonialism is here. Now, you get to experience what plenty of Indigenous peoples have had to deal with over the journey. The clear and present inference that you are not good enough and too dumb to matter. Your culture thrown on the scrapheap of progress and advancement. This time, however, it is humanity per se copping it in the neck via a form of Social Darwinism. Only a small group of investors matter, those who are shareholders in the Big Tech companies overlording the rest of us.Continue Reading

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Massively Overvalued Tech Stocks

You know, the only thing keeping the US economy going is its big bet on AI. The massively overvalued tech stocks, the 7 tech company stocks at the top of the Nasdaq, are the only thing flying the flag right now. Doubts, however, are more than creeping in, they are marching in, in the minds of many experts. The crazy Trump tariffs are viewed by every sane economist as unsustainable and downright dangerous. Now, circular financing tricks exhibited by Nvidia and OpenAI are giving rise to bad memories from the late 1990s. Bursting bubbles are on the tip of every tongue in the investor milieu. Warren Buffet has cashed up to the tune of $300 billion in prep for some really bad times.Continue Reading