"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections

Matt Taibbi: Epstein Files Are "Uniquely Destructive" To Both Political Parties Submitted by QTR's Fringe Finance This week I interviewed Matt Taibbi at a moment when, as he put it, “this is a pretty weird time.” He had just learned that his outlet, Racket News, had been investigated by the British government using what he described as “human intelligence sources and all kinds of crazy stuff.” “It’s been pretty weird,” he told me. What struck him most was how normalized this kind of pressure has become. Governments, he said, now routinely “hire...

The Hinge Of History That Was 2020 Via The Brownstone Institute, “Shocking 105 million Americans are not working – more than during Covid or the Great Recession,” blared the New York Post.  Finally that’s something.  The graph alone tells the story. You thought that having the government forcibly send millions of people into lethargy and sloth, bankrupting millions of smaller businesses, slicing and dicing workers into essential and nonessential, would be devastating for labor force participation. It’s actually worse now than in the depths of the lockdowns, and 10.8 million more than were out of the...

Google's New Quantum Research Reignites Push To Harden Bitcoin Authored by Micah Zimmerman via BitcoinMagazine.com, A new research paper from Google has intensified debate over whether Bitcoin can adapt in time to withstand advances in quantum computing, pushing developers and investors to confront a risk long treated as theoretical. Google’s quantum division said this week in a new whitepaper that future machines could break widely used encryption far more efficiently than previously estimated, including the elliptic curve cryptography that underpins Bitcoin wallets.  The research suggests attacks that once appeared decades away may arrive sooner, with some...