Archive for the 'Economy' Category
Micron Will Stop Selling RAM to Consumers
December 4th, 2025Update: — Via: Ars Technica: On Wednesday, Micron Technology announced it will exit the consumer RAM business in 2026, ending 29 years of selling RAM and SSDs to PC builders and enthusiasts under the Crucial brand. The company cited heavy demand from AI data centers as the reason for abandoning its consumer brand, a move […]
People Living in Hotels Instead of Renting Homes or Apartments
December 3rd, 2025I don’t think this is a new phenomenon, but please correct me if I’m wrong. A friend of mine did this over 20 years ago in Oregon. Via: Epic Economist:
IBM CEO Says There’s ‘No Way’ Spending Trillions on AI Data Centers Will Pay Off
December 2nd, 2025Via: Business Insider: AI companies are spending billions on data centers in the race to AGI. IBM CEO Arvind Krishna has some thoughts on the math behind those bets. Data center spending is on the rise. During Meta’s recent earnings call, words like “capacity” and AI “infrastructure” were frequently used. Google just announced that it […]
San Francisco: Brownstone Shared Housing
November 26th, 2025Via: Nick Johnson: Flashback 2017: “This is bum living with running water and wi-fi.”
Layoffs Accelerating
November 25th, 2025Via: CNBC: The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday. Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it […]
Trump Orders Moonshot-Like ‘Genesis Mission’ Relying on AI to Merge Science Data Across the U.S.
November 25th, 2025I wonder if this will be used to launder technologies out of the black world… Via: Independent: That’s one giant leap for AI. The Trump administration is unleashing thousands of massive data sets — compiled by agencies throughout the federal government — and the capabilities of America’s world-renowned national laboratories into a government-wide effort to […]
Google Producing AI Processors, Negotiating Partnership with Meta
November 25th, 2025Via: Tom’s Hardware: Meta may be on the cusp of spending billions on Google AI chips to power its future developments, as the social-media giant is reportedly in talks to both buy and rent Google compute power for its future AI endeavours, as reported by The Information, via Reuters. The ongoing negotiations reportedly involve Meta […]
Americans With Four-Year Degrees Now Comprise a Record 25% of Unemployed Workers
November 24th, 2025Via: ZeroHedge: The widening mismatch between an oversupply of college-educated workers and a deepening shortage of talent for non-degree, hands-on jobs has grown even more pronounced. Bloomberg reports that the latest delayed BLS data shows a sharp deterioration in white-collar jobs, especially those holding four-year degrees, now making up a record 25% of all unemployed […]
RAMpocalypse: AI Buildout Sends Memory Prices Skyrocketing
November 22nd, 2025I bought a 32GB (2x16GB) kit of CORSAIR Vengeance 6000MHz CL30 DDR5 on November 25, 2024 for $99.99. I thought I should buy another 32GB of that before prices rise… The same product is $427.99 now. haha Via: Tweaktown: With the AI boom and the rise of next-gen data centers in nearly every major city, […]
$1.2 Billion Suspicious Epstein Transactions? Wyden Demands Investigation After JP Morgan Failed To Report For Years
November 21st, 2025Via: ZeroHedge: On Thursday morning, Sen. Ron Wyden (D-OR) called for an investigation into whether JPMorgan Chase deliberately concealed suspicious transactions by Epstein. You really just need to look at Exhibit A in Wyden’s memo (dated Wednesday) based on unsealed court records: the number of transactions flagged as suspicious between 2002 – 2016, vs. a […]
