What it comes down to is that the US has finite resources and the oligarchs see China as a bigger threat than Russia. Chinese companies are now directly competing with US companies, and China is starting to dominate a lot of markets like EVs, telecom infrastructure, renewable energy production, and so on. This is one reason the tech oligarchs largely went over to republicans now.
While materially true that there are finite resources, I see little evidence anyone in DC sees that when no american benefits from spending the dollar in question. It allll just goes on the tab and I bet Trump will spend $30+ trillion unpaid. I don’t think the tech oligarchs are becoming republican because of China, they’re following raw corruption for profit and some weird crypto-ey mass dumb trend thing (see Zuck’s weird nod to rightwing podcast incels latin shirt thing). All of tech from AI to crypto is scams now. There are no 1000x yield social media-style markets left out there, so they’re going for the con and just hoping something else comes along imminently. Which having worked on the web longer than I’d like to admit was kind of always the case, but like, 20/20 hindsight, pets.com was a viable model and the internet DID change everything. But I don’t think there are any imminent new horizons, so the tech oligarchs are going with Trump because he’s been grifting since before they were born and game recognize game.
I don’t think numbers on a computer matter all that much though. US can issue as much currency as it likes, but it’s the material reality that matters in the end. In order to prop up Europe, US needs to produce weapons to send there, same with Israel, and Taiwan. US manufacturing capacity is pretty limited at this point, so they have to pick where to allocate the resources.
Meanwhile, Europe has major problems with its energy supply, and so far the US has been profiteering from selling LNG to Europe at high prices, and poaching European industry. So, we can already see that the whole relationship is turning predatory. This will only get worse going forward. Ultimately, people living in Europe don’t give a shit about stuff like AI, crypto, and so on. They care about being able to feed themselves and keep lights on.
I think people can be more warmed by number go up on ad revenue supported screen longer than one might expect, but we’re in a real life social experiment by our betters right now, so we’ll see if I’m wrong!
What it comes down to is that the US has finite resources and the oligarchs see China as a bigger threat than Russia. Chinese companies are now directly competing with US companies, and China is starting to dominate a lot of markets like EVs, telecom infrastructure, renewable energy production, and so on. This is one reason the tech oligarchs largely went over to republicans now.
While materially true that there are finite resources, I see little evidence anyone in DC sees that when no american benefits from spending the dollar in question. It allll just goes on the tab and I bet Trump will spend $30+ trillion unpaid. I don’t think the tech oligarchs are becoming republican because of China, they’re following raw corruption for profit and some weird crypto-ey mass dumb trend thing (see Zuck’s weird nod to rightwing podcast incels latin shirt thing). All of tech from AI to crypto is scams now. There are no 1000x yield social media-style markets left out there, so they’re going for the con and just hoping something else comes along imminently. Which having worked on the web longer than I’d like to admit was kind of always the case, but like, 20/20 hindsight, pets.com was a viable model and the internet DID change everything. But I don’t think there are any imminent new horizons, so the tech oligarchs are going with Trump because he’s been grifting since before they were born and game recognize game.
I don’t think numbers on a computer matter all that much though. US can issue as much currency as it likes, but it’s the material reality that matters in the end. In order to prop up Europe, US needs to produce weapons to send there, same with Israel, and Taiwan. US manufacturing capacity is pretty limited at this point, so they have to pick where to allocate the resources.
Meanwhile, Europe has major problems with its energy supply, and so far the US has been profiteering from selling LNG to Europe at high prices, and poaching European industry. So, we can already see that the whole relationship is turning predatory. This will only get worse going forward. Ultimately, people living in Europe don’t give a shit about stuff like AI, crypto, and so on. They care about being able to feed themselves and keep lights on.
I think people can be more warmed by number go up on ad revenue supported screen longer than one might expect, but we’re in a real life social experiment by our betters right now, so we’ll see if I’m wrong!
There’s a famous Lenin quote saying that every society is three hot meals away from chaos, and I think there’s a lot of truth in that.