The pump-and-dump is on.
Back when BitCoin and other cryptocurrencies were ascending to unprecedented and irrational highs, I churned out article after article detailing all the analysis from first principles why the real valuation of cryptos is zero, and not $20,000/BTC.
I started writing about the cryptocurrency bubble when BTC was hovering around $… Read more
Another inanity sweeps the world. Another vacuous Tweet makes international headlines.
The Yanny/Laurel “debate” is surely a sign of the times we live in.
It is a “debate” devoid of nuance, encouraging more us vs. them mentality than independent and critical thought. Everyone is ready to jump into the fray, picking sides and st… Read more
The pack leader in this debt-driven bubble, Netflix, made another 8% leap today with glowing media reports everywhere noting that subscriber growth beat analyst estimates in the latest earnings report.
If there’s any indicator big enough saying how much risky speculation is fueling this stock market, it is today’s wall-to-wall media co… Read more
Despite the revelations of the obvious, that is, the implicit admission of censorship, privacy invasion and bias after Ted Cruz’s “grilling” of Zuckerberg, one has to be weary of the pitfall that this Senate hearing aims to achieve: merely passing the baton of corruption from a private corporation to the needlessly growing federal go… Read more
Add Panera Bread to the growing list of companies that can’t even secure your basic personal data
Joining Equifax, Uber, FedEx, DHS, Saks Fifth Avenue, and more, Panera was found to be negligent of its customers’ data, leaving full names, e-mails, home addresses, phone numbers and credit card information exposed in plain text off of its websi… Read more
Has a correction arrived and about to reverse course, or is the bubble just now feeling the pressure of the pin?
Let’s translate the numbers that came out from the Toronto Real Estate Board, a report that should be taken with a grain of salt considering the conflict of interest they have in reporting the truth:
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TORONTO — Canada’s largest real estate
Another naive software engineer bites the dust in Silicon Valley for not heeding the warning signs this blog has pointed out: outside of games with rigid rules and a finite set of moves, current AI is mostly just plain stupid.
In the awe of AI like AlphaZero, believing that AI will take over the world because of its dominance in linearly defined subjects such as … Read more
In a prior article I wrote about a different pot, George Soros, calling the same kettle, Facebook, black, noting the similar approaches of both parties profiting off of propaganda, whether it be through the Open Society Foundation, media and academia on Soros’ end or social media on Zuckerberg’s end.
When any group of people determine what constitutes “fake news”, or “hate speech” or something “grossly offensive”, they have clearly proclaimed themselves as the moral arbiters and the all-knowing Gods of the world. Hence, we end up with their relentless demands to be all-seeing as well. Feeling entitled to acc… Read more
Despite being common knowledge that Facebook’s modus operandi is harvesting and selling users’ personal information to the highest bidders, the fact that Cambridge Analytica came out as a “whistleblower’s” third-party company of choice is telling.
It’s not telling in the sense that Facebook is careless with i… Read more