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Powerman
| Favorite team: | LSU |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | Dog Catcher |
| Number of Posts: | 176588 |
| Registered on: | 1/27/2004 |
| Online Status: | Online |
Recent Posts
Message
quote:
This is exactly what I expect to happen, as the build out of these data centers makes no financial sense otherwise.
I think it's very plausible. I think that eventually AI becomes commercially viable but the amount of capex requires it to become commercially viable sooner rather than later. People aren't going to wait 10 years for ROI
There is also the other consideration...private debt markets and banks would go down with the whole thing. A significant portion of the economy is tied at the hip to this bet in one way or another.
quote:
Presidente Rubio.
I'm sure people will support more foreign war after how popular this one is :lol:
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 6:00 pm to Laugh More
quote:
McDonald’s.
Then why are they voluntarily paying their employees more than 8 dollars an hour?
Do you know better than the local franchise owners?
It is known that the Russians have provided targeting information to the Iranians. There isn't much point of trying to economically strangle the Iranian economy if you're going to give Russia a big lifeline. They're strategic partners.
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:54 pm to RelicBatches86
quote:
Be like Florida
We increased it from $10 to $15 . It also increases with inflation per year
According to everyone here Florida is now communist
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:53 pm to Laugh More
quote:
Jobs worth $8 dollars inherently are for those that are at the low end -
What job do you think exists today that is worth only 8 dollars an hour?
What if AI companies become deemed "too big to fail" in the event of a bubble?
Posted by Powerman on 10/18/26 at 4:43 pm
And more importantly how would you feel if the government bailed them out. The government does have an interest in United States based companies continuing to develop the latest and greatest in AI technology so it's not far fetched.
Companies like Meta, Alphabet, Microsoft, Apple, Oracle all have strong enough businesses to survive if all of this capex doesn't provide a return and they can absorb the hit so to speak.
Companies like Anthropic and OpenAI by contrast have pretty much all of their eggs in one basket and are highly leveraged into this bet.
So if there is a government bail out between now and the end of Trump's second term does that change how you view his legacy? If this happens further down the road with another candidate will it define how you view their legacy?
There is one thing I'm fairly certain of. If the government bails out several of the key players in this industry it will not go over well with the general public. But that's not the question here. How would you react to such a development?
Companies like Meta, Alphabet, Microsoft, Apple, Oracle all have strong enough businesses to survive if all of this capex doesn't provide a return and they can absorb the hit so to speak.
Companies like Anthropic and OpenAI by contrast have pretty much all of their eggs in one basket and are highly leveraged into this bet.
So if there is a government bail out between now and the end of Trump's second term does that change how you view his legacy? If this happens further down the road with another candidate will it define how you view their legacy?
There is one thing I'm fairly certain of. If the government bails out several of the key players in this industry it will not go over well with the general public. But that's not the question here. How would you react to such a development?
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:33 pm to shrevetigertom
quote:
Then they will not survive.
Good
Society has no use for such businesses
Businesses that are struggling are usually the cheap bastards that don't want to pay anyone
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:25 pm to Laugh More
quote:
Those companies that pay $20 dollars an hour hire people WORTH $20 an hour and thus can outperform the competition.
You mandate it and people worth $8 get paid $20.
I dont disagree
But it's a double edged sword. If you pay someone 8 dollars an hour you as the employer are setting the expectations low by what you're offering to pay.
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:21 pm to BamaGradinTn
quote:
My argument is that the free market works.
Sometimes the free market works. Sometimes the free market crashes the whole economy.
It will be predictable to watch. There is no one more loathed by the masses here than the working poor.
re: The best argument against a mandatory $20 an hour minimum wage.
Posted by Powerman on 10/18/26 at 4:17 pm to BamaGradinTn
So your argument against a 20 dollar an hour minimum wage is there is an entity that uses it by choice and produces better outcomes than competitors as a result? :lol:
re: Abdul is an ahole. Don’t be Abdul.
Posted by Powerman on 10/18/26 at 2:59 pm to soonerinlOUisiana
quote:
That would certainly make a great 28th Amendment.
Which would require destroying the 1st amendment.
quote:
Do you think it should be against the law for a Muslim to be a US Senator?
JFC
Not sure why you're shitting on the question. The responses so far have been yes.
re: Even a Princeton PhD cant get a job
Posted by Powerman on 10/18/26 at 2:27 pm to SlowFlowPro
quote:
I imagine his issue is geographical more than anything.
I'm sure he could get a job, just not where he wants to live
Probably. Which is stupid.
quote:
Yet you can’t link it or quote it. Hmmmm
Why would someone need to link something for you that's in the OP?
re: Abdul is an ahole. Don’t be Abdul.
Posted by Powerman on 10/18/26 at 1:36 pm to Green Chili Tiger
quote:
If someone walks up to me and asks "Have you ever lived in Tahiti?" and I respond "No, but why do you ask?" did I not definitively answer the question of whether I've lived in Tahiti?
BBONDS thinks that but has to be used as a qualifier 100% of the time
Of course he actually isn't that stupid and doesn't think that. He's just being dishonest. That's who he is and that's how he acts.
Weird behavior on an anonymous online forum.
quote:
I asked first. You’re engaging with typical liberal projection. Why would he need to use the word “but” following his disavowal?
You're making it more important than it needs to be based on context. Because you're a dishonest person.
quote:
Leftists and TDS infested new leftists don’t like when I post.
I'm pretty indifferent to whether you post or not. It's just my observation that you aren't an honest person. It is what it is. Maybe you're a decent person in your personal life. You're a dishonest person here.
re: We need strict mother control. “Mothers” have killed more kids than school shootings
Posted by Powerman on 10/18/26 at 1:10 pm to NashvilleTider
School shootings are rare
Mothers killing the own children is rare but less rare than school shootings
School shootings get more publicity
Mothers killing the own children is rare but less rare than school shootings
School shootings get more publicity
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