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Without Subsidies, Is AI Unaffordable?
Without Subsidies, Is AI Unaffordable?
Authored by Charles Hugh Smith via OfTwoMinds blog,
Let's pull all this into an undeniable conclusion: AI is based on massively subsidizing users' costs.
What's already abundantly clear but verboten to say as it would pop the bubble of AI valuations and triumphalism is that AI is unaffordable once the direct and indirect subsidies are withdrawn. Nothing that consumes this much electricity and requires such an immense scale of costly processing and memory capacity can be low-cost, never mind free.
The major AI platforms and vendors are subsidizing corporate...
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Sep 14, 2026 / Tyler Durden
BRICS Urges 'Maximum Restraint' As US-Iran War Tests Unity At New Delhi Summit
BRICS Urges 'Maximum Restraint' As US-Iran War Tests Unity At New Delhi Summit
Authored by News Desk via The Cradle,
The BRICS group of nations adopted a joint declaration on 12 September, expressing "deep concern" over the ongoing conflict between the US and Iran and urging "maximum restraint" as part of a "multilateral approach" that respects national viewpoints.
(Photo credit: BRICS)
The declaration was adopted on the first day of the BRICS leaders' annual summit in New Delhi.
"We express deep concern over the continued escalation of tensions in Middle East/West Asia and, recalling...
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Sep 14, 2026 / Kyle Anzalone
Trump Says He Is Open to Talks With Iran
President Donald Trump says he is once again open to talks with Iran. Negotiations to end the war have stalled since the Memorandum of Understanding (MOU) was signed in June. Trump previously said he was uninterested in speaking with Iran. “The failing Nation of Iran wants to make a deal, quickly and badly. I will […]
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Apr 29, 2026 / Tyler Durden
NATO Mulls Nixing Annual Summits, Wary Of 'Trump Drama' Overshadowing
NATO Mulls Nixing Annual Summits, Wary Of 'Trump Drama' Overshadowing
Fresh reporting in Reuters says that NATO leadership is mulling ending its practice of holding annual summits as the Trump presidency has "cast a long shadow" over such meetings and as member states are looking for "less drama".
For example, at the 2018 summit Trump threatened to walk out after bitterly complaining over allies' low defense spending. Jens Stoltenberg, NATO’s secretary general at the time, wrote in a recently published memoir, "Had he made good on his threat to leave in protest,...
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