Archive for the 'Economy' Category
Houthis Now Attacking Saudi Oil Tankers In Red Sea, Major Energy Supply Implications
July 23rd, 2026Via: The War Zone: Days after declaring the Bab al-Mandeb (BAM) Strait closed to Saudi vessels, the Houthis of Yemen claim to have struck two ships in the Red Sea. The United Kingdom’s Maritime Trade Operations (UKMTO) group has confirmed an attack on at least one vessel in that area. “The Yemeni armed forces have […]
Interview with Toby Rogers: Labor Collapse, Vaccine Harms & Biological Colonialism
July 23rd, 2026Via: Brownstone Institute:
OpenAI Ad Revenue Disaster
July 22nd, 2026Via: Futurism: Even as the AI bubble becomes a mainstream talking point on Wall Street, tech companies continue to peddle the fantasy that AI is poised to become an almost magical money-maker. Case in point, OpenAI wants you to believe that by 2030, it’ll be raking in $100 billion a year just from ads alone […]
Five Tech Giants Are Hiding $1.65 Trillion in AI Debt, Using the Trick that Toppled Enron
July 22nd, 2026Via: The Next Web: Look at what Alphabet, Microsoft, Amazon, Meta, and Oracle officially owe, and the numbers seem large but manageable. Look off the books, and a second, bigger pile of debt appears. A Nikkei study put that hidden figure at $1.65 trillion, up roughly eightfold in four years. It is more than the […]
American AI Is Locked Down and Proprietary. It’s Losing.
July 20th, 2026Via: Ben Werdmuller: China’s open-weights AI strategy is winning: its companies are taking the lead. America’s closed-first, locked-down strategy is doomed to failure – and it could take the US economy down with it. … Open technologies can be used permissionlessly and therefore can be at the center of more innovation. You can host them […]
How Texas Police Spent $4.5 Million on Four Chevy Tahoes
July 19th, 2026Via: The Drive: It’s hard to make a 2026 Chevy Tahoe cost more than a million dollars. Until you start packing it with military-grade public surveillance technology. Ominous Israeli surveillance tech is now being deployed on American roads. FalcoNet, brought to you by a company called Cognyte (Israel’s Palantir rival), secretly tracks people by intercepting […]
People Recording Themselves Doing Housework to Train AI for Robots
July 18th, 2026Via: Joanna Stern:
Kimi K3
July 18th, 2026Trillion dollar valuations on U.S. AI companies… while Chinese companies are running knowledge distillation operations and then releasing competitive models for free… Hmm. While nobody is claiming that Kimi K3 is better, overall, than top proprietary systems, companies can potentially run it in their own data centers. If companies are spending tens or hundreds of […]
Prepare for the Oil Crisis
July 17th, 2026Via: Upper Echelon: Research Credit: OF
Truth Social to Sell Trading Firms ‘Fastest’ Access to Trump’s Posts
July 16th, 2026It’s not enough that Trump’s inner circle is able to front load cupcakes based on his posts. He now wants to monetize slightly faster access to that information so others can front load—you know, after his inner circle has front loaded. Keep in mind that, “A significantly faster pace than a regular push notification” might […]
