carnage4life

carnage4life, 10 hours ago to random

Trump coming out for crypto while Biden's SEC tries to regulate it out of existence will be the tipping point in Silicon Valley VCs shedding the pretense of being liberal and going all in on MAGA.

A bunch of them have taken baby steps but now it's on.
https://www.politico.com/news/2024/05/10/trump-crypto-biden-00157051

carnage4life, 1 day ago to random

Tesla shareholders should rejoice. The Biden administration is planning on increasing tariffs on Chinese EVs from 25% to 100% which is as good as banning them.

Similar tariff hikes are planned for solar panels.

Geopolitics >>> The Environment

https://insideevs.com/news/719283/chinese-ev-tariffs-biden-quadruple/

carnage4life, 1 day ago to random

Fining AT&T, Verizon and T-Mobile less than $4M each on average for falsely advertising their data plans as unlimited seems like a slap on the wrist.

I’m confident they made way more than that from the consumers they tricked into purchasing those plans.

Maybe they’d have been fined more than that if it was a lawsuit about misleading shareholders instead. 🤷🏾‍♂️

carnage4life, 1 day ago to random

Scammers tried to trick execs at WPP to send them money by pretending to be the CEO on a Microsoft Teams call using voice cloning and deepfakes from public YouTube videos.

We now have to ask coworkers to show us their hands on video calls to prove they aren’t AI. 😫

carnage4life, 1 day ago to random

Apple execs tried ChatGPT last year and came to the conclusion Siri is antiquated.

A functional digital assistant that can actually understand conversations and complete tasks would be a good reason for users to buy Android devices instead of iPhones. So they’ve panicked.

They also plan to tout on-device AI as more private than cloud-based AI. The question is if it will be as useful? 🤔

https://www.nytimes.com/2024/05/10/business/apple-siri-ai-chatgpt.html?unlocked_article_code=1.q00.IV5N.67nNsQJiprKV&smid=url-share

carnage4life, 1 day ago to random

I continue to be fascinated by the fact that when Jack Dorsey looks back at his time at Twitter, his only regret is that it was technically possible for him to ban the Nazis so people nagged him to do so.

So now his ideal social network is one where the moderators can’t ban Nazis.

https://www.engadget.com/jack-dorsey-claims-bluesky-is-repeating-all-the-mistakes-he-made-at-twitter-234326121.html

carnage4life, 2 days ago to random

Every earnings call, WB’s CEO confirms that the things we thought were bad ideas were actually bad ideas.

A game where the Suicide Squad kill Superman, Batman and the rest of the Justice League is such a terrible. Who wants to play Captain Boomerang killing Batman? Who? 🤷🏾‍♂️

carnage4life, 2 days ago to random

This is like reading a news headline about responsibly generating forest fires.

carnage4life, 2 days ago to random

The gaming industry slowdown continues. Roblox stock is down -30% in pre-market trading after missing Q1 expectations ($801M in revenue vs $918M expected) and cutting revenue estimates for the year from $4.28B to $4.1B.

The gaming industry is suffering from a post-COVID & post-ATT hangover. There are too many sources of entertainment competing for people’s attention and acquiring new mobile users is worse now than it was a few years ago thanks to Apple’s ATT.

carnage4life, 3 days ago to random

I saw a headline saying RFK Jr had brain worms but didn’t realize until just now that it was a true statement. A worm literally ate part of his brain. 🙀

carnage4life, 3 days ago to random

The streaming wars were a zero interest rate phenomenon as it was unsustainable having so many services chasing after subscribers while losing money.

Paramount is now looking for a buyer. Disney+, Hulu & Max are now a bundle. It’s going to be Netflix and 2-3 bundles at the end.

carnage4life, 3 days ago to random

2024 in a nutshell

carnage4life, 3 days ago to random

Microsoft really spent $68.7B acquiring Activision only to realize their gaming division is now too big and costly so they’re doing layoffs every quarter 🤦🏾‍♂️

https://www.bloomberg.com/news/articles/2024-05-08/xbox-studio-closures-microsoft-plans-more-cost-cutting-measures-after-layoffs?embedded-checkout=true

carnage4life, 3 days ago to random

This feels like the first ad that is a tone deaf miss from Apple. An ad showing beautiful tools of human creativity being crushed to be replaced by the newest and thinnest gadget feels antithetical to Apple.

I’d expect this from an AI company not Apple.
https://youtu.be/ntjkwIXWtrc?si=VGoNknBw7VNkvuwO

carnage4life, 3 days ago to random

It must be tough to hit financial difficulties because the US government says the products you make are too good to be sold to Chinese companies.

De-globalization is going to hit more and more companies as it spreads from chips to AI.

https://www.bloomberg.com/news/articles/2024-05-08/intel-sees-revenue-falling-below-midpoint-after-us-huawei-ban?embedded-checkout=true

carnage4life, 3 days ago to random

This is an angle I didn’t expect. Instead of Tesla being investigated for misleading consumers by naming its features AutoPilot and Full Self Driving, it’s being investigated by prosecutors for misleading investors.

That actually has more teeth in America given that while consumer protections are week, the US doesn’t play around when you screw investors. Just ask Elizabeth Holmes or Martin Shkreli.
https://www.reuters.com/business/autos-transportation/tesla-autopilot-probe-us-prosecutors-focus-securities-wire-fraud-2024-05-08/

carnage4life, 4 days ago to random

Last week, a Nigerian PM that I mentor mentioned layoffs happening at Microsoft in Nigeria but I didn’t expect them to shut down the entire development center and lay off everyone.

It’s not surprising given the layoffs across the industry but it is disappointing.

carnage4life, 4 days ago to random

Truly nuts that these are the last two tweets from a game studio that Microsoft just shut down.

Read from bottom to top.

carnage4life, 4 days ago to random

Microsoft shutting down multiple Bethesda game studios including the makers of the critically acclaimed Hi-Fi Rush is depressing on two fronts.

First, having a hit game isn’t enough to survive the gaming apocalypse and secondly it’s now layoff season every quarter in big tech.

carnage4life, 4 days ago to random

It's a real tragedy that founders can now be stained by the fact they used to have an NFT startup (e.g. Rabbit R1 founders) but VCs who funded the biggest scams are still walking around with no repercussions or damage to their reputations.

carnage4life, 5 days ago to random

This is like Homer Simpson calling someone fat.

carnage4life, 5 days ago to random

Imagine being the CEO of an EV company that depends on government subsidies from Democrats for your success.

Then imagine going out of your way to piss off liberals by going full right wing tech bro.

Now liberals don’t like you but at least Republicans will hook you up. Right?

carnage4life, 5 days ago to random

AI voiced audiobooks have been a boon to indie creators by giving them access to the audiobook market without having to paying for studio time for human narrators.

It means there’s now even more content for readers that needs filtering and narrators are losing gigs. This is what #disruption looks like. Two steps forward and one step back.

carnage4life, 5 days ago to random

I recently asked a friend with an EV if range anxiety is still an issue. His response is that solvency anxiety is a bigger issue. He raised Fisker and Lucid as two examples of companies that might expire before your car does.

Tesla now gives similar vibes.

https://arstechnica.com/cars/2024/04/tesla-to-lay-off-everyone-working-on-superchargers-new-vehicles/