Technology Archives - Attention to the Unseen

‘Big Short’ investor betting $1 billion against the AI bubble says Meta and Oracle’s accounting is hiding the brutal truth

November 14, 2025 From elsewhere

Fortune reports: “It’ll happen slowly, and then all at once.” That’s how Jim Morrow, founder and chief investment officer of Callodine Capital, describes the eventual – inevitable – unwinding of what he calls “the most crowded trade in history.” Of course, he isn’t just paraphrasing Ernest Hemingway—he’s talking about the AI race, and the trillion-dollar deals so overstretched they’re better described as knots than trades. And he’s not alone in sounding alarms. Michael Burry—the investor of Big Short fame who…

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Scott Galloway warns of ‘nowhere to hide’ in markets if the OpenAI story unravels

November 10, 2025 From elsewhere

Fortune reports: Tech analyst and professor Scott Galloway has issued a stark warning regarding the highly inflated valuations of the Magnificent 10 mega-cap companies, asserting a financial collapse at generative AI leader OpenAI would trigger a systemic shock leaving “nowhere to hide” for investors across the global markets. Galloway, speaking on his Prof G Markets podcast, characterized the current market reliance on AI as precarious, noting AI has been responsible for 80% of the stock market returns since the…

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Tesla shareholders approve $1 trillion pay package for part-time CEO, Elon Musk

November 6, 2025 From elsewhere

electrek reports: Tesla shareholders have voted once again to approve an absurd, biggest-in-history pay package for Tesla’s part-time CEO, Elon Musk. In doing so, they’ve voted to relinquish any control they could have had over the company, and instead to put it deeper into the hands of its largest saboteur. Tesla’s shareholder meeting is happening today, with several consequential proposals which shareholders have been voting on in the last several weeks. In that time, Tesla has been campaigning hard and…

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Tech billionaire Marc Andreessen bet big on Trump and it’s paying off for Silicon Valley

November 5, 2025 From elsewhere

By Jake Pearson This story was originally published by ProPublica For more than a decade, Silicon Valley venture capitalists have poured enormous sums of money into newfangled technology companies seeking to disrupt, and even supplant, the traditional financial system and sidestep its burdensome regulations. At the same time, the Consumer Financial Protection Bureau has policed that effort, going after such businesses for deceiving, overcharging or otherwise taking advantage of their customers by enacting rules, filing lawsuits and shutting down the…

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How AGI has become the most consequential conspiracy theory of our time

November 5, 2025 From elsewhere

Will Douglas Heaven writes: Are you feeling it? I hear it’s close: two years, five years—maybe next year! And I hear it’s going to change everything: it will cure disease, save the planet, and usher in an age of abundance. It will solve our biggest problems in ways we cannot yet imagine. It will redefine what it means to be human. Wait—what if that’s all too good to be true? Because I also hear it will bring on the apocalypse…

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Norway’s sovereign-wealth fund votes against $1 trillion compensation for Elon Musk

November 4, 2025 From elsewhere

electrek reports: A major Tesla shareholder announced that they are voting against Elon Musk’s CEO compensation package, but the odds are still in his favor. As we have been extensively reporting over the last few weeks, Tesla shareholders are set to vote on a new compensation package for Elon Musk worth up to $1 trillion. The package is highly controversial. On one hand, the board, Musk, and his fans are presenting it as an “all or nothing” situation on which…

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‘No restrictions’ and a secret ‘wink’: Inside Israel’s deal with Google, Amazon

October 29, 2025 From elsewhere

+972 Magazine reports: In 2021, Google and Amazon signed a $1.2 billion contract with the Israeli government to provide it with advanced cloud computing and AI services — tools that were used during Israel’s two-year onslaught on the Gaza Strip. Details of the lucrative contract, known as Project Nimbus, were kept under wraps. But an investigation by +972 Magazine, Local Call, and The Guardian can now reveal that Google and Amazon submitted to highly unorthodox “controls” that Israel inserted into…

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The myth of Israeli innovation

October 27, 2025 From elsewhere

Rhys Machold writes: On June 4th, The Times of Israel reported that in 2024, annual Israeli arms exports had reached an all-time high of $14.8 billion, with Europe buying 54% of the weapons. The article noted that Israeli officials had previously been concerned that Western European allies may cancel weapons deals or sanction Israeli manufacturers over the country’s war of extermination in Gaza. Once the record-breaking export figures came out, however, Israel’s war ministry publicly argued the opposite, claiming that the campaign in Gaza…

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Will AI avoid the ‘enshittification’ trap?

October 26, 2025 From elsewhere

Steven Levy writes: As companies like OpenAI get more powerful, and as they try to pay back their investors, will AI be prone to the erosion of value that seems endemic to the tech apps we use today? Writer and tech critic Cory Doctorow calls that erosion “enshittification.” His premise is that platforms like Google, Amazon, Facebook, and TikTok start out aiming to please users, but once the companies vanquish competitors, they intentionally become less useful to reap bigger profits….

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Humans have an internal lunar clock – but light pollution is disrupting it

October 25, 2025 From elsewhere

Flash Vector/Shutterstock By Stefano Arlaud, Queen Mary University of London Most animals, including humans, carry an internal lunar clock, tuned to the 29.5-day rhythm of the Moon. It guides sleep, reproduction and migration of many species. But in the age of artificial light, that ancient signal is fading – washed out by the glow of cities, screens and satellites. Just as the circadian rhythm keeps time with the 24-hour rotation of the Earth, many organisms also track the slower rhythm…

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Amazon plans to automate 75 percent of its operations with robots

October 21, 2025 From elsewhere

The New York Times reports: Over the past two decades, no company has done more to shape the American workplace than Amazon. In its ascent to become the nation’s second-largest employer, it has hired hundreds of thousands of warehouse workers, built an army of contract drivers and pioneered using technology to hire, monitor and manage employees. Now, interviews and a cache of internal strategy documents viewed by The New York Times reveal that Amazon executives believe the company is on…

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Generative AI has access to only a small slice of human knowledge

October 13, 2025 From elsewhere

Deepak Varuvel Dennison writes: A few years back, my dad was diagnosed with a tumour on his tongue – which meant we had some choices to weigh up. My family has an interesting dynamic when it comes to medical decisions. While my older sister is a trained doctor in Western allopathic medicine, my parents are big believers in traditional remedies. Having grown up in a small town in India, I am accustomed to rituals. My dad had a ritual too….

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Inside tech billionaire Peter Thiel’s off-the-record lectures about the antichrist

October 10, 2025 From elsewhere

The Guardian reports: Peter Thiel, the billionaire political svengali and tech investor, is worried about the antichrist. It could be the US. It could be Greta Thunberg. Over the past month, Thiel has hosted a series of four lectures on the downtown waterfront of San Francisco philosophizing about who the antichrist could be and warning that Armageddon is coming. Thiel, who describes himself as a “small-o Orthodox Christian”, believes the harbinger of the end of the world could already be…

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Threat to global markets: Risks posed by AI bubble and Federal Reserve losing credibility

October 8, 2025 From elsewhere

The Guardian reports: The Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations of leading AI tech companies. Policymakers said there were also threats of a “sharp repricing of US dollar assets” if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump’s continues to attack the US central bank and threaten its independence. Continued hype and optimism about…

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