Right now capital expenses are responsible for most of AI's economic impacts, as seen by the infrastructure spend contributing more to GDP than consumer spending this year.
“Despite the desperate humanitarian crisis, a survey conducted in May by the Institute for National Security Studies at Tel Aviv University found that 64.5 percent of the Israeli public was not at all, or not very, concerned about the humanitarian situation in Gaza.”
“About three-quarters of Israeli Jews thought that Israel's military planning should not take into account the suffering of the Palestinian civilian population in Gaza, or should do so only minimally, according to another recent survey by the Israel Democracy Institute, a nonpartisan research group in Jerusalem.”
https://www.nytimes.com/2025/07/28/world/middleeast/israel-d...
Technology was expected by some to empower the citizens, enabling them to counteract negative outcomes - but in fact has allowed the powerful to shape opinions and politics to their perspective even more easily.
This should not be understood as anti-China but should apply to all products on the EU market. China has some well-respected quality-conscious consumer brands (e.g. Hifiman, Fenix Lights, DJI, Anker, Govee...) but it seems a lot of smaller companies there put easy revenue over any concerns for quality.
blancolrio puts its well: https://www.youtube.com/watch?v=wA_UZeHZwSw
Sort of like gold I guess.
I have never figured out "lightning network", their "solution" for payments. (bitcoin payments are so impractical that they have a different, separate system to use for actual payments, that works completely differently.) Seems very convoluted. I need to pay a huge fee just to make a channel so I can receive anything? And there is something about liquidity? I implemented bitcoin stuff and still cannot figure lightning out.
bitcoin is mainly for buying it and looking at a chart.