Readit NewsSeparate from your inflation argument, aren't income tax levels lower than they used to be, even during the Reagan administration?
No mention of reputation for harsh/ruthless/backstabby management practices towards employees (including for tech white collar, not just biz and blue collar)?
Is that not a major factor? Or are they not aware of it? Or is mentioning it politically off-limits? Or is putting it in writing a big PR risk? Or is putting it in writing a big legal risk?
I know Amazon's reputation for treating employees poorly came up in multiple discussions at one university's big-name AI lab, for example. Not only do some people read the news, but people talk, in groups and privately.
Or I am overthinking it and solar is something that (D) politicians support so the (R) president tautologically must oppose it. Therefore we must not have nice things
Farmers make more money from wind turbines on their land than their crop. https://ambrook.com/offrange/farm-finance/there-will-be-wind
And that is stable money, works without rain, which crops don't.
I'm not surprised—most AI "engineers" are not really good software engineers; they're often "vibe engineers" who don't read academic papers on the subject and keep re-inventing the wheel.
If someone asked me why I think there's an AI bubble, I'd point exactly to this situation.
But then next year and the year after, the technical debt will be to the point where they just need to throw out the code and start fresh.
Then the head count must go up. Typical short term gains for long term losses/bankruptcy
If you want companies to invest in your country, the tariff has to make doing so make financial sense, and for the long term.
A lot of these tariffs are going on things that would require a whole factory to be built in the USA which doesn’t currently exist at all, and has no supporting infrastructure or workforce.
Companies can’t just decide right now, “oh shit there’s a tariff. Better but it in the USA right away!”
Odds are it hasn't been updated for 20+ years
Here's an old movie: "Hot Rod Girl" (1956) [2] The opening scenes are of a real drag strip in Southern California. Technical advice from the San Fernando Drag Strip and the National Hot Rod Association. Accelerations are so low that those things would be obstructing traffic on a freeway onramp today.
Then I hear about a lot of youngsters struggling to find work, and see articles like this.
Well, who's left? Is there a sweet spot at like 31 that are just cleaning up?
BlackRock has
They lost around 30 million revenue, or 0.14%.As long as it's not a start of a trend, nothing remarkable.
The more Fossil fuel we use, the worse climate change, the more people die, the fewer valuations actually make money. Its like when Spain in the 1600's, and used their Navy's power on paper to get other countries to back off/ give Spain what it wanted, and then came a real battle and Spain has never recovered from that.
Paper value doesn't match reality and that isn't sustainable, or profitable unless you can time the market.