Biden versus Bastiat

Russia Sends Over 1500 Missiles, Drones On Ukraine In 48 Hours After V-Day Ceasefire Soon on the heels of the successful 3-day and US-backed 'V-Day' ceasefire between Russia and Ukraine, Russian forces have unleashed several days of drone and missile barrages on Ukrainian cities, especially the capital. It seems the Kremlin is bent on 'payback' for several weeks of effective Ukrainian long-range drone attacks which have badly damaged several Russian oil refineries and energy sites. BBC reports Thursday that "At least seven people have been killed, including a 12-year-old girl, in...

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

Precrime: Months Before Massacre, OpenAI Worried About Canada's Trans Mass Killer Months before a Canadian man in a dress went on a Feb 10 rampage, killing his mother and half-brother at home before slaughtering five students and an education assistant at a secondary school where he was formerly a student, employees at OpenAI were deeply troubled by his interactions with the firm's ChatGPT AI chatbot.    As first reported by the Wall Street Journal, Jesse Van Rootselaar's ChatGPT activity was flagged by the company's automated review system. When employees took a...