Article
AI's Core Flaw: "Mass Regurgitation Of Misinformation"
AI's Core Flaw: "Mass Regurgitation Of Misinformation"
Authored by Charles Hugh Smith via OfTwoMinds blog,
These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy.
I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive to define the "problem" such that the "solution" happens to be the one we own and control.
So the "problem" AI solves is "corporate profits are too low," and so...
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Jul 17, 2026 / Tyler Durden
Private Credit: The New Junk Bond Market
Private Credit: The New Junk Bond Market
Authored by Ed Dowd via Beyond the Narrative,
Private Credit: The New Junk Bond Market...Except It Lacks Transparency, Liquidity & Is About To Be Stress Tested
History
Private credit was born from the ashes of the Great Financial Crisis. In the aftermath of that debacle, regulators moved to limit the risks banks could take. Loans deemed too risky were no longer being originated by commercial banks. To fill that void, non-bank lenders stepped in, creating what is known as private debt or direct lending market. You...
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Jun 2, 2026 / Tyler Durden
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App
Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App
Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.
The Chinese internet giant plans to begin a compliance process for a public launch of the agent as soon as this month, the Financial Times reported,...
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Mar 10, 2026
Trump Says He Will Make a 'Mutual' Decision With Netanyahu on When To End Iran War
President Trump said on Sunday that any decision to end the war with Iran would be a “mutual” one made with Israeli Prime Minister Benjamin Netanyahu.
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