Search

Concerns about the sustainability of investments in artificial intelligence and higher inflation in the U.S. have caused a reallocation of capital on global stock markets last week, contributing to the rise in oil prices and the energy sector. #UmetnaInteligenca #Inflacija #Kapital (translated)

Elfriede Jelinek, who celebrates her 80th birthday on Tuesday and was awarded the Nobel Prize in Literature in 2004, is considered one of the most significant and controversial authors in the German-speaking world, whose works address themes such as gender relationships, capitalism, and the processing of Austria's fascist past, using language as an "axe" to destroy taboos. #ElfriedeJelinek #Literatur #Nobelpreis (translated)

Chancellor Friedrich Merz met with 200 international business leaders to promote investments in German infrastructure and to underline the contrast between a market economy and the socialist approaches pursued by the leftist government in Berlin. #Kapitalismus #Investitionen #Marktwirtschaft (translated)

Triodos economist Hans Stegeman advocates for a 'sufficient-is-sufficient society' in an interview and argues that capitalism, as a human construct, does not need to govern us, which elicits responses from Volkskrant readers about the sustainability of economic growth and the role of financial institutions. #kapitalisme #duurzaamheid #genoegisgenoeg (translated)

The author argued that capital ownership could leave people vulnerable to disempowerment, despite some people’s assumption that it would protect them or delay its effects until after jobless people dependent on UBI. The post’s title said capital ownership would make people “go crazy first”. #Kapitalismus #Vermögensbesitz #SozialeGerechtigkeit

Torsten Heinrich wrote that the image of two undressed seniors was obviously created with artificial intelligence. However, this did not change his assessment that looting and arson justified a consistent intervention by the state – even if no 80-year-olds had been undressed. He questioned why someone had created such an image with ChatGPT, as the actual actions were already bad enough, and thus no more serious crimes had been alleged. His disappointment with the passivity of the French state towards criminals was independent of that. Regarding comments, Heinrich wrote that some took the fake image as an excuse to dismiss the outrage over the riots altogether, as if the destructions could be undone by it. This gave the image an unexpected political significance. #KünstlicheIntelligenz #Politik #Gesellschaft (translated)

Jacobs®️ reminded on Monday that in his opinion, every full-time job should allow for purchasing a house and starting a family. He called the claim that minimum wage jobs are intended for students and should not provide such opportunities propaganda from liberals and capitalists. #praca #mieszkanie #kapitalizm (translated)

Despite a higher tax on investment savings accounts (ISK) and capital insurance after the New Year, these savings forms remain attractive, but only if the returns exceed a certain level, according to calculations that compare them with a classic deposit account. #ISK #kapitalförsäkring #privatekonomi (translated)

Jochen Bittner wrote that discussions about educational deficits and equal opportunities are always important. This also includes the question of what consequences it has in an immigration society when immigrants are taught up to the third generation that the West and capitalism continue to plunder and colonize their countries of origin. Such a portrayal could lead people to plunder in return, he argued. https://t.co/0XmAHwtUWr #Bildung #Chancengleichheit #Einwanderung (translated)

Yanis Varoufakis, never short of an original statement, reports a hopeful mood even among the last remaining Marxists in China: capitalism will not survive AI, as the abundance of goods it creates will cause their exchange value to plummet — a prediction that, by the way, is very similar to the expectation recently expressed by Elon Musk to the "Economist"; perhaps the American billionaire will soon also be counted among the Chinese Marxists. #KünstlicheIntelligenz #China #TechnologieRisiken (translated)

Mickpl wrote that Stano boasted about Channel Zero's EBITDA at 25 million. He compared this amount with the results of BloomBit, a mobile game producer, and 11bit, which — as he noted — creates games outside the AAA segment. In his opinion, this is not much for a medium described as one of the greatest media forces in Poland, although he also acknowledged that Channel Zero is not a bad media product. The author pointed out that the problem of the Polish economy is, in his opinion, the lack of investors despite available capital. He assessed that the capitalization of the Polish stock market is low and depends on the decisions of Western investment banks. He also wrote that Poles invest money in apartments or keep it in non-interest-bearing checking accounts; according to him, half of the primary market in the seven largest cities goes to investment purposes. He compared the 19 percent tax on stock market profits with an 8.5 percent flat rate on rental income. Mickpl assessed that the economy relies on construction, despite the poor demographic situation and unfavorable forecasts. He stated that in the West, Channel Zero could already have three helicopters and a stock market debut behind it, and revenues from collaborations and royalties from YouTube would only be an additional gain. He presented this as an example, in his opinion, of a flawed system. #KanałZero #Gospodarka #Inwestycje (translated)

The commission itself proposes moderate contribution increases to build up the new capital stock. "In the end, it is about a balanced overall structure, where people feel that things are fair," says Miersch in an interview with "T-Online." #Rentenreform #SPD #SozialeGerechtigkeit (translated)

NIC NEVIM stated that the market is beginning to sober up from expectations related to the construction of data centers and the purchase of expensive chips and memory. According to him, the demand for capital is extraordinarily high, while the available money is running out. At OpenAI, he mentioned annualized revenues of $50 billion, but also stated that the company is still losing money due to high model training costs. He believes that the growth in revenues at this stage does not indicate long-term profitability. According to him, companies and individuals are now experimenting with AI and spending on tokens, but often do not yet see corresponding economic returns. If this does not change quickly, he believes it will be difficult to justify further extensive investments in infrastructure. He added that the costs must eventually be paid by someone, and end consumers do not currently have enough money for that. #ekonomika #uměláinteligence #datacentra (translated)