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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May 23, 2026 / Tyler Durden
Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock
Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock
Via The Cradle
Twenty-seven countries have moved to activate emergency World Bank financing mechanisms since the US-Israeli war on Iran began in late February, Reuters reported Friday.
Three nations have already received approval for fast-tracked funding, while the other 24 are in the process of completing administrative procedures.
Kenya and Iraq have publicly confirmed they are seeking emergency World Bank assistance, with Nairobi facing surging domestic fuel prices and Baghdad grappling with severely diminished oil revenues due to disruptions in maritime exports.
Getty...
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Mar 27, 2026 / Tyler Durden
Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis
Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis
Gold or Bitcoin: which can anchor the next reserve system?
Last night, in a ZH debate hosted by Real Vision's Ash Bennington, Peter Schiff argued for gold’s role as the future global reserve currency, while Mark Moss made the case for Bitcoin, arguing that it is gaining traction on sovereign balance sheets as of 2025.
They covered America's dwindling reserve status, fundamental monetary properties, and the nature of governments. Here were some highlights for those short on time:
Gold: Tried and True
Schiff argued that...
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May 12, 2026 / Tyler Durden
Cable, Gilts Under Pressure As UK PM Starmer On The Brink As Rebellion Spreads




