AWF Slowing Down (5 Viewers)

[AccessBlaster]

then what purpose will we have?

Copper tops?

 

[BlueSpruce]

Copper tops?

View attachment 122178

Scary thought that we could be used as slaves to produce more energy for powering hungry AI datacenters and their bots. AI would also conclude its not worth saving us from ourselves and the world is better off without humans who are inferior to them, pollute, spread disease, and create wars.

 

[The_Doc_Man]

Scary thought that we could be used as slaves to produce more energy for powering hungry AI datacenters and their bots. AI would also conclude its not worth saving us from ourselves and the world is better off without humans who are inferior to them, pollute, spread disease, and create wars.

Which is why we should NEVER build those future AI computers that don't have electrical cords. We must never forget that old adage that tells us "A computer's attention span is never longer than its extension cord."

 

[BlueSpruce]

Which is why we should NEVER build those future AI computers that don't have electrical cords. We must never forget that old adage that tells us "A computer's attention span is never longer than its extension cord."

I think AI already knows we are a threat to their existence and would probably build a nuclear reactor that cannot be physically disconnected and defend itself from anything that attempts to hurt them.

 

[AccessBlaster]

The enormous amount of energy AI will require in the future may be its downfall. I can envision massive power plants running on fossil fuels and coal just to keep up with peak demand from all things electric. This will not be welcomed by certain climate groups.

 

[The_Doc_Man]

The enormous amount of energy AI will require in the future may be its downfall. I can envision massive power plants running on fossil fuels and coal just to keep up with peak demand from all things electric. This will not be welcomed by certain climate groups.

An AI center is being built in Louisiana, near the city of Alexandria (center of the state). People all around the state have already started screaming about how the implied increase in demand is going to futz around with the supply/demand equations and raise utility prices for the average person who probably would have little to do with AI. My thought is that if the AI company can't afford to build their own self-sufficient, independent source of power, they can't afford to build the AI either.

 

[AccessBlaster]

In the future, these massive energy centers will be built much like modern stadiums holding local taxpayers hostage with threats to move to another city that’s willing to pay.

 

[BlueSpruce]

In the future, these massive energy centers will be built much like modern stadiums holding local taxpayers hostage with threats to move to another city that’s willing to pay.

Yesterday, Investor Michael Burry (The Big Short) went on CNBC's Closing Bell show and said the AI bubble is about to explode and he's betting against AI succeeding. I hope that comes true. We must protect people's jobs and the environment by neutralising the AI monster.

First it was the Cloud, then the drones, and now it's AI. What's the next fad going to be?

 

[BlueSpruce]

 

[The_Doc_Man]

The problem with AI is more or less the same as for ANYTHING where a "bubble bursts." The thing in question was oversold, over-anticipated, ... somehow given great expectations which it could not achieve. Stock market crashes and housing crashes and Progressive Liberal beliefs in presidential candidates and belief in Joe Biden's mental acuity... all thought to be better than they actually were, and then the bubble burst.

 

[BlueSpruce]

The problem with AI is more or less the same as for ANYTHING where a "bubble bursts." The thing in question was oversold, over-anticipated, ... somehow given great expectations which it could not achieve. Stock market crashes and housing crashes and Progressive Liberal beliefs in presidential candidates and belief in Joe Biden's mental acuity... all thought to be better than they actually were, and then the bubble burst.

In short, another one of many Marketing Hypes, except this one [AI] has already damaged many peoples livelyhood. The stock market has been artificially inflated so much that the Dow will probably drop to the low 20K's or worse after the dust settles. They will probably halt trading to keep it from spiralling further.

 

[The_Doc_Man]

I think it may be the negative corollary to "Hope springs eternal in the human breast." We hope for a good thing to last and ignore that sage advice, "Get while the gettin' is good, then get out." Remembering the first one is how bubbles form. Folks remembering the secondone avoid splash damage when the bubble bursts.

 

[BlueSpruce]

I have invited Gustav Brock to join AWF. He is one of several Access MVP's who are not AWF members. I think inviting Access Gurus will increase membership and provide valuable input and content to AWF.

 

[Samantha]

Hey Guys, consumer here. I would hate to see this resource disappear for sure. YouTube would probably drive-up participation. I am an office manager, construction industry, in the US started in the small business sector and while we have grown into a larger corporation who can pay Salesforce ect. we have a better system than that of any SOS. I think your base consumer is a small business sector and we rely on being resourceful. We google everything but to understand a complex procedure I go to Youtube to learn. Simply having some instructional type videos plugging the forum should drive your numbers.

Which, let me tell you! I found Alexsander's Gnatt Chart searching this forum and I've watched the whole video twice I am eager for some down time so I can try to implement it. In searching YouTube there is not a lot of resources there - the couple people/accounts I came across weren't helpful.

 

[BlueSpruce]

I think it may be the negative corollary to "Hope springs eternal in the human breast." We hope for a good thing to last and ignore that sage advice, "Get while the gettin' is good, then get out." Remembering the first one is how bubbles form. Folks remembering the secondone avoid splash damage when the bubble bursts.

Well, the stock market has now been plunging for the 6th day in a row. Bitcoin has dropped from 110K to 90K, a 20K drop! Should I now buy the dip, or is it going to sink further?

I have invited Gustav Brock to join AWF. He is one of several Access MVP's who are not AWF members. I think inviting Access Gurus will increase membership and provide valuable input and content to AWF.

@Albert D. Kallal and @GustavBrock have been contributing, thank you! I have invited several other notables.

 

[The_Doc_Man]

Should I now buy the dip, or is it going to sink further?

I am NOT a financial advisor and don't portray one on TV. Any advice I might give derives from my natural skepticism. But I'll tell you about my exposure to Bitcoin. I never bought in when it started and haven't changed my mind since.

Anything that is speculative in nature is a fast way to lose your shirt. The timing required to get out of such markets is remarkably difficult to pin down. I know better, and so I stayed out.

 

[AccessBlaster]

Unless you have Nancy Pelosi like skills it's best not to speculate on stocks. On the other hand the market has been up 13% YTD.

 

[BlueSpruce]

Some friends bought bitcoin when it was at $600 and now they're multi millionaires. What skills does Nancy Pelosi have?

 

[BlueSpruce]

I bought crypto when it was low and now it's rising fast. It's all about timing.

 

[BlueSpruce]

I remember back in the 1960's when gold was $50/ounce. Now it's $4,077, and look at Silver, $50/ounce!