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'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.
The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals.
“Excess profits in the AI era...
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Sep 24, 2026 / Tyler Durden
Nvidia CEO Jensen Huang Just Torched Doomsday AI Bros, Says STFU About Existential Risk Or Shut It Down
Nvidia CEO Jensen Huang Just Torched Doomsday AI Bros, Says STFU About Existential Risk Or Shut It Down
The CEOs behind frontier AI keep talking like bystanders - warning seemingly daily about 'existential risk, runaway superintelligence, and competitive pressure' that's totally out of their control, so they need big brother to help slow them down.
Jensen Huang isn't buying it.
In an interview on The Ezra Klein Show this week, the Nvidia CEO took what the labs call an existential threat and turned it back into a question of product liability and whether...
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Apr 26, 2026 / Tyler Durden
You Can Buy A Tennessee Cave And Turn It Into A Doomsday Bunker
You Can Buy A Tennessee Cave And Turn It Into A Doomsday Bunker
About 57 miles southeast of downtown Nashville, as the crow flies, an underground cavern system listed on Zillow is being framed as a potential candidate for the ultimate nuclear doomsday bunker.
Think of the cavern as the shell for a future bunker.
To get it anywhere close to true bunker status, millions of dollars in engineering, ventilation, power, water, wastewater, security, and interior buildout would likely be required.
"We have what it takes to keep your family safe and to...
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May 14, 2026 / Tyler Durden
'Killshot' Is Coming For Earth Warned CIA Remote Viewer Before Recent Death
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