Dave
allcaps.bsky.social
Dave
@allcaps.bsky.social
590 followers 240 following 4K posts
Occasional commenter on things.
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Reposted by Dave
a live look at the demolition of the White House's East Wing for Trump's ballroom
I realized a long time ago that I need to have an outlet for bullshit investing so carved out a small chunk to play with and vent the stupidity. It’s worked out well: boring nest egg is safe and well managed but I can still have some fun on flyers (and overall the bullshit fund has performed well.)
Ouch. Yeah, it's way down from its post IPO peak. It picked up some retail/meme momentum this week but popped today. This is why I have real investments and a bullshit account. I'll get a small win, but moral is I should have sold but got greedy.
I took a small position in a 'fuck around' account for making undisciplined trades and it went parabolic yesterday, but held on too long. I'm still in the green but nowhere near the same multiple as it was overnight/at open.
Also: I'm just an ape taking a bath on BYND today so maybe don't listen to me about technology and investing lol.
I don't think people understand how quantum computing will shatter cryptographic functions that secure everything online (plus all blockchain) in the blink of an eye and require complete retooling.
And while it sounds dire, and will be rough short term, I think something will pop up fairly quickly as AI has been sucking up all the air and money in the room for a while now to the detriment of other innovation.
The likely scenario (outside of immediate financial chaos) is that investment stops dead for a few years as existing overcapacity gets consumed by remaining demand. This means a long valley of darkness for GPU/datacentre sectors until next thing pops up.
My gut is short to medium term the market can soak it up but the ass will fall out on pricing when AI pops and leaves a huge glut. Longer term, GPUs get wiped out by commercial quantum at scale, but that's been 10 years away for 30 years and quantum hard breaks a lot of industries (bye bye crypto!)
This feels very much like the fiber and networking craze in the late 90's during the dot-com boom. Overbuilt so much capacity. Arguably, having GPU FLOPS on tap might be a little easier to pivot to some other purpose.
It seems to me that an AI crash is going to lead to a crypto cloudburst as all that GPU power moves on to the next easiest scam. It might also be a good time to be running large scale simulations as a lot of compute power is freed up and prices drop.
My dearest Agnes, In the early morning mist and smoke of the battlefield I am given strength remembering your voice whispering "408327" like a bolt of sunlight. Although this code will expire in 5 minutes, my love for you is eternal.
Two factor authentication (2FA) except it's via a handwritten, Civil War letter rather than an impersonal text message.
The Gen X urge to state your phone number twice when leaving a voicemail like it's being recorded on a cassette in a voicemail machine in a world where call display and call logs don't exist.
Park Lawn GO station in Humber Bay Shores to save you the clickbait.
Reposted by Dave
The average age of U.S. homebuyers is now 56, up from 49 last year.

In 1981, the year trickledown economics began, it was 31.
Mark Sutcliffe (as Old Gil): "“Awww, I only had two more payments left on that hot plate.”
Reposted by Dave
Here's the thing I don't understand. You can't as much as sneeze near a historic site in Washington without like 14 commissions, councils, and advisory boards giving you the okay. And everybody now is like...yup, fine with us? wtf?
NEW: After The Washington Post reported Monday on the demolition of the "East Wing facade," a new picture obtained by Law Dork that was taken on Tuesday shows that a substantial portion of the entirety of the East Wing has been demolished.
Dear Mark Sutcliffe,
Lansdowne is simple: you don’t get to give $419 Million to your campaign donor buddies until you fix the transit system you’ve been starving, the crumbling social supports in the city driving homelessness, or the $10 Billion dollar infrastructure repair backlog.
*makes L with thumb and index finger and places on forehead*
Reposted by Dave
An entire day has gone by and still no release of the Lansdowne 2.0 report. Meanwhile, Mayor Sutcliffe has had time to brief the press, frame the story, and produce a feel-good video. As for those who oppose the project? Well, they're just "spreading misinformation". www.youtube.com/watch?v=4x-T...
Lansdowne: More for less
YouTube video by Mayor Mark Sutcliffe
www.youtube.com