That will maybe happen, but it’ll be at suppressed wages. That’s what happens every economic downturn, if you are at the top, you benefit. Everyone else gets another layer of prosperity chopped off underneath them. You’ll have precarious employment for a couple years and then gladly accept a job you wouldn’t even look at right now.
The problem is, it’s going to leave atomic waste behind it. It’s like an executive detonated nuclear bomb. There’s going to be companies that have millions to billions sunk on non-functional assets and programming. The people who led them into this are going to skip off with a big golden parachute, and there’s going to be no debt available and no assets available left behind to do anything with. There will be zombie companies that just kind of tread into irrelevancy, if you are lucky enough to be employed by one, then you’ll be fine. Everyone else is fucked.
Just play the game. And start squirrelling money away like you never have before.
I’ve got a new Thinkpad for work, and it’s actually been pretty good so far, I’m pleasantly surprised. The battery lasts the entire day, it’s consistent…
I’ve also had elitebooks, and with HP when you get a good one it’s generally good. But it sometimes took a couple attempts to get a good one. Never got one to go the distance either. I’m not necessarily hard on my work laptops either, they get used, but it’s not like I’m throwing them around like frisbees or anything.
Both actually look pretty awesome. I’ll have to check them out!
I think Tampa and Buffalo are going to be the real matchup for the east. If nothing gets upset.
West is a tougher call. I think Edmontons always a perennial threat, it’s been a rocky year for them though so I dunno. Colorado for sure will be in the mix.
It’s time to transfer our focus over to the other stress case.
Hey, I’m a leafs fan. I’ll tell you what though, I’ve come to the conclusion it’s good for the ticker. That things a rusty old bucket of regret at this point, but I’ve got a saying, “Just once before I die.” It’s what’s keeping me going at the ripe old age of 45: the perpetual hope that it’ll happen once before I die. I’m going to live to be 200 at the time of my medically assisted suicide from boredom!
I think we are already one-too-many RIF and cost of living increases past the point where employees are incentivized.
This is way way worse than the dotcom bubble. The dotcom bubble didn’t burn a fraction of the cash this shit has. And of course it’s all debt, so we all know what happens when that happens.
I’ve been debated all week instructing my advisors to go to cash on my investment accounts. I think it’s a little early for that, but the closer and closer we get to that September October period, the more and more I’m going to consider it. I’m naturally a skeptic, and by habit I see catastrophy everywhere, but I think this one might actually be the big one. Maneuvering out of these bad ones takes a lot of government synchronicity, and well, that worries me the most here.
Management prefers to make the risk because they quite literally don’t give a toss. They understand exactly 0% of what it is that you do, if they don’t walk by you every morning they don’t even know your name, and even if they get caught absolutely asleep on the job producing absolute slop, oh well they pull the golden parachute cord and off to the next gig.
Literally no one can point at anything that AI has produced that actually works, or does, well, anything at my place of main employment. Yet we are all in. Everything is "Oh Michael has something great that was created and we can’t wait for you to see it, and Michael’s like either a) “Sure thing bob, we are just fine tuning it, can’t wait to show it off”, or b) “Yes I can’t wait to share it with everyone”, and then literally just never does.
It’s literally a circus. I have a woman on my team, who wanted to try it, wrote a pretty good prompt, asking for something pretty basic. Who like an hour later was like you know what, I’ll just do it myself, I could have had this done 45 minutes ago. It’s literal crap. Pages and pages and pages of absolute walls of text. All fancy writing, feels insightful, but of course nothing actually useful.
Hit the nail on the head with the hammer there. It’s only superficial. I agree, I’ve got it to produce stuff that looks great too, looks super factual. You feel like hey maybe this ain’t so bad.
Then you review it and dig in. Inevitably you are like wait this ain’t quite accurate, like in isolation it is, but combined with this it’s not. Then you notice those averages it’s calculating, big long walls of text but then even just a simple arithmetic average you are like there’s no way that’s right and you break out the calc and sure enough it’s not even close.
Makes you feel like a savant though. It’s literally executive boomer fuel, and that’s why we are here. It doesn’t get their endorphins fired up, it’s literally an orgasm of thoughts as to how low their payroll is going and how much their bonus is going to be.
I took a shit during the time I was invested in AI training.
I have a whole day of it in a couple weeks. Speaking of that, does anyone have any good games to recommend on Steam, or PS5 or something? Any good shows to binge?
Here comes the rug pull.
Won’t everyone think of the executives and their bonuses! All the costs this is going to add. Quelle Horror!!!
Which they have absolutely enshitified. My kid wanted it for Christmas, but he’s like super young, so I had to install it on my account and then allow him family access. Spent my entire afternoon 3.5 seconds from throwing the laptop through the window getting that setup to work.
I think you’ve just described pretty much every corporation in North America though, if not even Europe. I read somewhere the other day it’s called the Rat Enterprise and the Rat Economy, which I think it’s an apt description. Nobody produces much of value anymore, it’s just largely bullshit and smoke and mirrors. Anyone who produces physical goods has enshitified them to basically just passable enough quality.
A decade later I’m still scratching my head over Snapchat. Obviously I’m the dummy here, but I just never really understood it.
Calgary here. I was able to get out for a rip on mine today! I’m just healing up from surgery on my ear, so it’s been the first time I’ve been able to get a helmet on. More flurries in the forecast unfortunately, but the seasons officially started!
Absolute canyon that’s opened up, with inflation and earnings over the medium term.
Great. So in the meantime, looking forward, Calgary is fixing their water system. So there’s that.
National post is just publishing ball licking UCP bullshit. Calgary mayor rightfully calls out the provinces bullshit, and then all of the sudden the ol Conservative/Post Media circle jerk is going to be publishing this shit daily from now on.
Canadian media is absolute trash.
The payoff is for the executives.
My advice to literally everyone, is cut your output to zero. If you are at one of the AI vision shit shacks, play the game. Absolute garbage slop output. Call in sick lots. Take your vacation. And check the fuck out. Push buttons with no thought or foresight. If someone asks you to show them how you do your job, mislead them at every turn, and don’t show them how to actually do it. Pretend to. I have one of these AI consultants coming in next week to “help me” by having me show them all my tasks so they can “automate” some of my mundane tasks. I’m going to smile and show them 5% of what I actually need to do 🖕🏼