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posted 2 years ago by BuckeyePatr1ot 2 years ago by BuckeyePatr1ot +41 / -1
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– deleted 15 points 2 years ago +17 / -2
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– freedomlogic 5 points 2 years ago +6 / -1

During the ethereum boom, you could find plenty of gaming forums, with some sociopaths and their 10-300 gpus.. They loved pissing off the gamers for some reason, it was weird.

Even now, its possible, nvidia did something similar during the initial bitcoin gpu boom.

But the main thing they seem to be selling are the industrial gpu cores. (which was actually marketed as a viable commercial gpu for users to share I think) Mostly would be used by technical artists for things like movie fx, and games(design). Still is.

But these are the CHIPS to use if your want a real neural net. Wouldnt be surprised to find out there are countrys buying this stuff up for their own projects.

Why? Does no one remember that crazy shit back when the ps3's come out and there was a rumor that saddam was buying these things by the boatload. I always wondered if they could really be used like that.

Yeah they can, some people still using them. Cheap compared to the a100's or whatever they are called now.

https://www.theverge.com/2019/12/3/20984028/playstation-supercomputer-ps3-umass-dartmouth-astrophysics-25th-anniversary

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– Xachariah 2 points 2 years ago +3 / -1

Shorting nvidia right now has to be the dumbest thing possible.

AI is here. Normal people can deploy it for fun hobbies. Companies can deploy it and make a return on investment within the year. Industries are either getting fucked by it, or using it to start making things at 10x compared to before (eg, actors v movies). And all of it is powered by nvidia.

You could cancel every pending nvidia order and they'd still be profitable for the next 20 years until AMD or some other company comes and dethrones them from AI.

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– deleted 2 points 2 years ago +5 / -3
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– deleted 2 points 2 years ago +2 / -0
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– Primate98 5 points 2 years ago +5 / -0

The potential for fraud in tech companies is inestimable. In a conventional company, most anyone could tell you from casual observation whether the level of activity was twice what it was a year ago, or half. This is not true for tech firms, particularly software companies.

Richard Grove tipped me to this idea when he was talking about his experiences as a software salesman way back before 911. It's quite a fascinating story to look up and is related to the perpetration of the crime of 911 itself.

He inadvertently came across record of millions in software license sales in his name for which he should have been owed a commission but was never paid. They didn't want to pay him because the users did not exist and the sales were just part of a larger fraud.

So such fraud could easily go on right under the nose of a salesman a quarter century ago. How much more fraud is going on now? It's incalculable. If Google reports sales for ad impressions for a client, is there anyone auditing that eyeballs actually saw those ads? Of course not.

Frankly, Alphabet (and the alphabet agencies) could not only create the ad revenue, it could create thousands of strawmen clients and launder unlimited amounts of money right into SkyNet. Who would be in a position to casually detect such activity? No one at all.

The mind boggles trying to imagine what's going on in that little corner of the world.

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– 2EyesOpen 1 point 2 years ago +3 / -2

In the past, tech companies outspent rivals to have a show on the books that would give them an optical advantage (for more loans of course) that they hoped to claw back eventually or unload on a later buyer of debt.

A little ploy that went unreported by 'Business News' for some strange reason.

Maybe it's because 'Business News' wasn't investigative or news, it was cheerleading bad business practices.

Remember the scrolling ticker tape at the bottom of CNN newscasts when tech stocks took off? I predicted they'd stop just before the crash. Where did they go?

There's nothing like good Business News.

Cue to fake confession rants:

https://www.cnbc.com/video/2017/08/03/watch-the-full-rant-cramers-they-know-nothing.html

One curious question: How would whitehats quietly destroy Blackrock and their co-whores,...... using their own fist in the face?

The top individual shareholders of Nvidia are Jen-Hsun ("Jensen") Huang, Colette M. Kress, and Mark A. Stevens, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc. (BLK), and FMR LLC.

https://en.wikipedia.org/wiki/Jensen_Huang

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– deleted 4 points 2 years ago +6 / -2
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– iloveturtles 8 points 2 years ago +8 / -0

Blackrock = people's 401ks.

Thanks for pointing this out since no one ever does when they mention Blackrock. However, Blackrock does do most of the voting based on the shares they hold that you own. That does give them immense influence.

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– deleted 4 points 2 years ago +5 / -1
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– 2EyesOpen 3 points 2 years ago +4 / -1

That argument can be made about all bank loans and stock offerings as well.

401ks and social security funds got locked into private corporations funding while everyone slept in the 90s. What does 'private corporation' mean in this context?

A Gordian knot to unravel. But how to remove the snake from the victim's neck without killing the victim? (private savings, investments, aka the real economy) And then get back to production of things?

Is it possible? Are there alternatives?

The snake has a name. The dread 'F' word both 'sides' toss around but refuse to accept as fact is the mode of operation.

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– iloveturtles 5 points 2 years ago +5 / -0

Is it possible? Are there alternatives?

One option would be to pass the voting to the 401k holders and not the firms themselves. That would mean you would have the option of logging into your 401k account and proxy voting on a regular basis.
Most people wouldn't do this of course, but it would strip the power from the 401k brokerages if they weren't allowed to vote with your shares.

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– KiloRomeo 1 point 2 years ago +1 / -0

If real it could also be a state backed acquisition of chips. They're an important defense technology and if you knew things were going to go hot you'd want some. They did this during covid too- govt was hoarding silicon

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– Vlad_The_Impaler 1 point 2 years ago +2 / -1

I haven't deep dived into this theory yet.

But I just want to quickly mention that this reminds me of the 2009 TRILLION dollar Stimulus bill that Obama and Biden passed. They laundered nearly a Trillion dollars to fake shell companies that were supposedly "offering green energy products and services" only they didn't actually sell any products and have no fucking services. The money got laundered to them via government contracts and awards, and the companies would pay their staff huge amounts of money, collect their huge salaries and wages and bonuses then just fold up the shell company.

Solyndra made the press and you might be able to find old articles about it. EnerOne was another. But there were dozens and dozens of other shell companies and most of them all got away with it. Republicans didn't really do anything other than complain on fringe right wing websites and maybe some stern letters. At the time Boehner and McConnell were the fag RINOs pretending to be resisting Obama.

The idea that Goldman Sachs or BlackRock and other corporations aren't engaging in similar games and setting up companies that are BOTS just like we accuse fake posters on this forum as BOTS. There's BOT companies and BOT corporations and BOT subsidiaries that are really just empty warehouses for money to be laundered through.

https://www.dividedstates.com/list-of-failed-obama-green-energy-solar-companies/

Remembering “Solyndra” – How Many $570M Green Energy Failures Are Hidden Inside Biden’s Infrastructure Proposal? https://www.forbes.com/sites/adamandrzejewski/2021/04/12/remembering-solyndra--how-many-570m-green-energy-failures-are-hidden-inside-bidens-instructure-proposal/?sh=37b42ddb2672

https://www.foxnews.com/politics/solyndra-not-sole-firm-to-hit-rock-bottom-despite-stimulus-funding

Notice that it was labeled as "Biden's" infrastructure bill. This was just another trillion dollar scam that Joe Biden got away with. Joe Biden is a criminal and deserves to be arrested and charged for treason and executed for his crimes that total more than a trillion in stolen USA public funds that were utilized in laundering schemes to cronies and against the best interests of American citizens. He's a crook and a liar and a con man and he deals with foreign adversaries and brokers American influence for personal gain and for the gain of his personal allies, friends, fellow businessmen, and friends to his campaigns and public image. The entire body of his crimes would take me months to assemble. I am merely adding this one on to his long rap sheet that he must be arrested and stand charged for.

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– deleted 1 point 2 years ago +1 / -0

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