Lightnews — Scholar-powered news

Dare Obasanjo @carnage4life.bsky.social · 4h

People telling me that Trump didn’t forget he was the president on January 6th 2021, he’s trying to convince his followers he wasn’t.

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Dare Obasanjo @carnage4life.bsky.social · 4h

Who could have guessed that the Biden administration signing a bipartisan law to get TikTok banned would lead to Barron Trump on its board and the company owned by a consortium including Larry Ellison & Rupert Murdoch?

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Dare Obasanjo @carnage4life.bsky.social · 7h

Dude really forgot he was president on January 6th, 2021. We’re so cooked.

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Dare Obasanjo @carnage4life.bsky.social · 19h

It’s hard to imagine anything more performative and pointless than protesting at Kamala Harris’ book tour.

This is the epitome of virtue signaling instead of actually trying to help a cause.

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Dare Obasanjo @carnage4life.bsky.social · 1d

It's tough to take these arguments seriously from those building AI slop TikTok.

You can read the entire essay below

Superintelligence Isn’t Enough

AI has many answers—but it can’t by itself build a new society.

www.persuasion.community

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Dare Obasanjo @carnage4life.bsky.social · 1d

Fukuyama debunks the AI abundance myth: we can't feed or clothe all not due to a lack of smarts, but priorities and resources.

The world simply can't sustain the abundant lifestyle AI proponents promise, lacking even the electricity to run the very AI they favor.

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Dare Obasanjo @carnage4life.bsky.social · 1d

What in the nepo baby is this?

Barron Trump tipped for top TikTok job

US president’s 19-year-old son could be appointed to the app’s board

www.telegraph.co.uk

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Dare Obasanjo @carnage4life.bsky.social · 1d

It sounds like all those scientists at the CDC that Russ Vought was bragging about laying off are now being asked to take their jobs back.

I guess studying and preventing the spread of contagious diseases isn’t “too woke” after all.

Trump Administration Is Bringing Back Scores of C.D.C. Experts Fired in Error

www.nytimes.com

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Dare Obasanjo @carnage4life.bsky.social · 1d

The corporate myth is that embracing AI will get you results that are cheap, fast and good with fewer employees.

The reality is a lot of companies will find out they got things done for a lot cheaper and a lot faster but if definitely wasn’t good.

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Dare Obasanjo @carnage4life.bsky.social · 1d

Doing this while making it harder for regular people to get COVID vaccines. Anti-vax in the streets and pro-vax under the hospital sheets.

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Dare Obasanjo @carnage4life.bsky.social · 1d

On the one hand, it’s wild that Tesla’s full self driving mode doesn’t stop at train tracks but on the other hand who is trusting FSD to drive for them when there’s an oncoming train?

That’s incredibly bad judgment.

Tesla Full Self-Driving fails at train crossings, drivers warn

The National Highway Traffic Safety Administration told NBC News that it had spoken to Tesla about mishaps at train crossings.

www.nbcnews.com

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Dare Obasanjo @carnage4life.bsky.social · 1d

50x leverage means you can put in $1K, borrow $49K, and have $50K of crypto in your account. A 2% gain doubles your money. A 2% loss? You’re wiped out and your crypto is sold.

Setups like this is exactly why crypto tanked harder than stocks on the tariff news.

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Dare Obasanjo @carnage4life.bsky.social · 1d

The scale of this week’s crypto crash is stunning. $16.6B in losses due to margin calls on 1.6M accounts averages to $10,000 lost per person betting on crypto always going up.

A lesson for many on the downside of borrowing money to gamble.

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Dare Obasanjo @carnage4life.bsky.social · 1d

America right now: what if the worst person you know who was also the dumbest person you know was in charge of a critical government agency?

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Dare Obasanjo @carnage4life.bsky.social · 1d

Had a conversation with my financial advisor this week and this meme came to mind after our discussion. Timely given the crypto market crash.

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Dare Obasanjo @carnage4life.bsky.social · 1d

All assets crashed given the economic repercussions of a trade war with China. S&P 500 down -2.7% and NASDAQ down -3.5%.

However crypto has a lot of people who trade on margin (borrowed money) so when market goes down they have to sell further depressing prices. So crypto highs & lows are magnified

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Dare Obasanjo @carnage4life.bsky.social · 1d

Interesting economy: Tariffs and other Trump policies drive cost-cutting. Companies lay off workers, then push AI to do more with less.

AI firms profit wildly. Investors bet on 10x growth replacing hires with AI. But limits exist. Maybe it’s 10x or maybe just 2x.

Also will AI help the laid off?

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Dare Obasanjo @carnage4life.bsky.social · 1d

While there are many indications that AI is in a bubble, there are also signs of a real AI boom as well.

Microsoft is rationing customer access to AI services on Azure due to lack of data center capacity which they don’t expect to ease until 2026. There’s that much demand for AI from businesses.

Microsoft Forecasts Show Data Center Crunch Persisting Into 2026

Microsoft Corp.’s data-center crunch will continue for longer than the company has previously outlined, underscoring the software giant’s struggles to keep up with cloud demand.

www.bloomberg.com

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Dare Obasanjo @carnage4life.bsky.social · 1d

Given crypto bros have gotten their wish on being a regulations free zone, no federal agency is ever going to investigate this massive level of insider trading which impacted over 1.6 million crypto traders.

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Dare Obasanjo @carnage4life.bsky.social · 1d

1.6 million crypto traders had their positions liquidated after Trump announced 100% tariffs on China. There were $16.6B in losses from liquidated long positions which is 10x the amount from COVID and FTX related crashes.

I’m surprised Trump Always Chickens Out didn’t apply this time, instead panic

Crypto bloodbath sees $19B in leveraged positions erased

Over $19B in leveraged positions liquidation hit crypto markets, affecting 1.6 million traders as Bitcoin and Ethereum saw sharp declines.

cryptobriefing.com

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Dare Obasanjo @carnage4life.bsky.social · 2d

Checking in on how a focus on defending “personal liberties and free markets” is going at the Washington Post.

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Dare Obasanjo @carnage4life.bsky.social · 2d

When I said I wanted my life to be a movie, this isn’t what I meant.

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Dare Obasanjo @carnage4life.bsky.social · 2d

Every so often people still on X go “Wow, it’s really racist here now,” then go ahead and continue using the app.

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Dare Obasanjo @carnage4life.bsky.social · 2d

This Is how I found out Marc Benioff owns Time magazine. Is there any major media property left that isn’t owned by a tech billionaire or Rupert Murdoch?

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Dare Obasanjo @carnage4life.bsky.social · 2d

Despite clamping down on generating videos of copyrighted and trademarked characters, OpenAI’s Sora is a viral hit. It’s still #1 in the U.S. App Store and reached 1 million downloads faster than ChatGPT.

Yet, I for one have found the content repetitive and banal.

OpenAI video app Sora hits 1 million downloads faster than ChatGPT - BBC News

www.bbc.com

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