#capitalism — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #capitalism, aggregated by home.social.
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“BP profits more than double as Iran war sends oil prices soaring.” As long as one’s profits are still able to cover the air conditioning on one’s yacht I’m afraid you suckers are just going to have to fry (and probably starve). #Climate #Oil #Capitalism
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“BP profits more than double as Iran war sends oil prices soaring.” As long as one’s profits are still able to cover the air conditioning on one’s yacht I’m afraid you suckers are just going to have to fry (and probably starve). #Climate #Oil #Capitalism
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As we optimize every interaction for maximum efficiency and minimum friction, are we inadvertently designing a world where human connection is treated as "noise" in the system?
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As we optimize every interaction for maximum efficiency and minimum friction, are we inadvertently designing a world where human connection is treated as "noise" in the system?
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#capitalism #dermarktregelt #fun
"So hat der britische BP seinen Nettogewinn verdoppelt. Das erfreut Investoren - während Autofahrer und Verbraucher leiden."
🤔🧐🫥
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#capitalism #dermarktregelt #fun
"So hat der britische BP seinen Nettogewinn verdoppelt. Das erfreut Investoren - während Autofahrer und Verbraucher leiden."
🤔🧐🫥
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What is this #heresy. Republican #Trump does not believe in free market #capitalism and the law of supply and demand.
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What is this #heresy. Republican #Trump does not believe in free market #capitalism and the law of supply and demand.
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Will models fine-tuned to particular domains start consistently outperforming frontier models? Encoding habitus into LLMs
This was really thought provoking from the FT’s AI Shift newsletter. I’m persuaded by Nick Srnicek’s argument that the push for AGI can be understood economically as a search for a product that won’t need to be fine-tuned. But if fine-tuned open weights models can outperform frontier models then this overturns the economics of the AI labs:
But a new case last month [email.newsletters.ft.com] took things a step further, when Ray Dalio’s investment firm Bridgewater Associates partnered with AI platform company Thinking Machines Lab (founded by former OpenAI CEO Mira Murati) to fine-tune a model based specifically on how its own investment managers do their work. As with the legal example, the results significantly outperformed frontier models, this time at a 14th of the cost. Crucially, however, use of the firm’s own proprietary records and its highly specialist staff’s knowhow may make these gains more durable.
Bridgewater had its own experts write bespoke prompts that framed questions in a way that guided the models to the correct answers. This produced solid gains, but they still topped out below 80 per cent accuracy.
A prompt only imparts the expertise a professional is able to put into words — what is much better is to learn from their actions. For the fine-tuning step they put together a set of tasks drawn from their own investors’ daily workflows, and crucially also had staff ensure that the ideal responses which would guide the model’s training did not just represent ‘correct answers’ but ‘exactly how our investment professionals would approach this’.
At the end of the process they had a bespoke model whose behaviour had been tuned towards Bridgewater’s own assessment of excellence, taking it up to 85 per cent accuracy — an almost 30 per cent reduction in errors compared to the frontier models — at a tiny fraction of the cost.f
There’s an obvious sociological question here: what happens if our investment professionals need to approach this in a different way? Human professionals can learn and adapt. They can do so in ways that change how they prompt if they’re using a frontier model. In contrast a model fine-tuned in this way will be locked into a particular set of dispositions that might be appropriate for a context at T1 but will cease to be appropriate at a later T2. Indeed introducing the models is liable to change the context, particularly if you use this as an excuse to lay off your staff! There’s an organisational problem here which is blindingly obvious to anyone who has thought in any depth about the fact that contexts change.
#automation #capitalism #FrontierModels #MiraMurati #openWeightsModels #organisations #ThinkingMachinesLab -
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Midea PortaSplit…
Was ist das für ein Hype. 😂
#socialmedia #capitalism #hype -
Midea PortaSplit…
Was ist das für ein Hype. 😂
#socialmedia #capitalism #hype -
Is America great now?
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Is America great now?
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"After years of hype, and trillions of dollars, the AI boom will leave us with a captured economy, a corrupted democracy, and a devastated environment. We’ll be told that this is just how markets work – sometimes they go up, sometimes they go down. But this narrative obscures how decisions are really made in capitalist economies"
Chilling read on the AI boom from Grace Blakeley.
#AI #AIBubble #Capitalism #Data #Technology
https://graceblakeley.substack.com/p/data-centres-and-democracy
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"After years of hype, and trillions of dollars, the AI boom will leave us with a captured economy, a corrupted democracy, and a devastated environment. We’ll be told that this is just how markets work – sometimes they go up, sometimes they go down. But this narrative obscures how decisions are really made in capitalist economies"
Chilling read on the AI boom from Grace Blakeley.
#AI #AIBubble #Capitalism #Data #Technology
https://graceblakeley.substack.com/p/data-centres-and-democracy
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@Simon318ppm @RichardJMurphy
1/ Highly unlikely / not logical or even worth going for #Capitalism's #infinite #growth.We should just be #happy at some point:
- Happy with what we have
- Working to making more happy2/ #RichardMurphy says both highly precise and some backward things:
He equates #AI as similar to using a pencil which is not the same as a comparison:
"There is no requirement to say if paper has been used, or a pen or pencil, or of what type."
#Quote https://www.taxresearch.org.uk/Blog/2026/07/26/my-use-of-ai/
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"The number of people pressed into forced labor in King Leopold’s Congo was staggering, and scholars have estimated that between five and ten million Congolese people died as a result."
-Sven Beckert, Capitalism: A Global History"The Force Publique, Leopold's private army, regularly employed torture, carried out reprisals against the relatives of suspected rebels, and subjected Congolese people to flogging and sexual abuse. It also destroyed villages accused of resistance and, most notoriously, enforced the cutting off of hands, including those of children."
https://en.wikipedia.org/wiki/History_of_the_Democratic_Republic_of_the_Congo
#colonialism #capitalism #slavery #Congo #Africa #genocide #Belgium #indigenous
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"The number of people pressed into forced labor in King Leopold’s Congo was staggering, and scholars have estimated that between five and ten million Congolese people died as a result."
-Sven Beckert, Capitalism: A Global History"The Force Publique, Leopold's private army, regularly employed torture, carried out reprisals against the relatives of suspected rebels, and subjected Congolese people to flogging and sexual abuse. It also destroyed villages accused of resistance and, most notoriously, enforced the cutting off of hands, including those of children."
https://en.wikipedia.org/wiki/History_of_the_Democratic_Republic_of_the_Congo
#colonialism #capitalism #slavery #Congo #Africa #genocide #Belgium #indigenous
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#Capitalism (3) Forensic Food #Science
Outrageous: #profits = #stolenwages
(Bosses are always keen to “reduce the cost of labour” eg #LabourHire racket. )
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#Capitalism (3) Forensic Food #Science
Outrageous: #profits = #stolenwages
(Bosses are always keen to “reduce the cost of labour” eg #LabourHire racket. )
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Petrol prices strain US households as oil giants Chevron, Exxon profits soar | Oil and Gas News | Al Jazeera
https://www.aljazeera.com/economy/2026/8/3/petrol-prices-strain-us-households-as-oil-giants-chevron-exxon-profits-soar -
Petrol prices strain US households as oil giants Chevron, Exxon profits soar | Oil and Gas News | Al Jazeera
https://www.aljazeera.com/economy/2026/8/3/petrol-prices-strain-us-households-as-oil-giants-chevron-exxon-profits-soar -
If You’re Listening August 3rd 2026
Dua Lipa vs Ivanka Trump#DuaLipa and Ivanka Trump go head to head in Albania
(Duration: 25 minutes 30 seconds25m)
Jared Kushner and Ivanka Trump want a resort on protected flamingo habitat in #Albania. Thousands are protesting in the #FlamingoRevolution. Albania has been burned by #getrichquick schemes before, and isn't buying it twice.
https://iview.abc.net.au/video/NC2620H030S00
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If You’re Listening August 3rd 2026
Dua Lipa vs Ivanka Trump#DuaLipa and Ivanka Trump go head to head in Albania
(Duration: 25 minutes 30 seconds25m)
Jared Kushner and Ivanka Trump want a resort on protected flamingo habitat in #Albania. Thousands are protesting in the #FlamingoRevolution. Albania has been burned by #getrichquick schemes before, and isn't buying it twice.
https://iview.abc.net.au/video/NC2620H030S00
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I have a Song Title that needs a Lyricist
Thinking of it sung to a cheerful jaunty tune. 🙃
🎶 He was an Everyday Martyr for Capitalism. 🪦 🎵 😵 🤑 💀
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I have a Song Title that needs a Lyricist
Thinking of it sung to a cheerful jaunty tune. 🙃
🎶 He was an Everyday Martyr for Capitalism. 🪦 🎵 😵 🤑 💀
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most of the independently owned #clothes and shoes stores were wiped out by Blackstone and BlackRock buying most of lower Manhattan’s storefronts during the Bloomberg years.
all the stores that made shopping fun in downtown are gone.
that's why i wanted to relearn #sewing. everything is corporate blue, black, white and “graige”. but the problem is shoes.
yellows, magentas, limes, purples are hard to find in #shoes.
my love of colorful #fashion radicalized me against #capitalism
😡 / 🧵
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most of the independently owned #clothes and shoes stores were wiped out by Blackstone and BlackRock buying most of lower Manhattan’s storefronts during the Bloomberg years.
all the stores that made shopping fun in downtown are gone.
that's why i wanted to relearn #sewing. everything is corporate blue, black, white and “graige”. but the problem is shoes.
yellows, magentas, limes, purples are hard to find in #shoes.
my love of colorful #fashion radicalized me against #capitalism
😡 / 🧵
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"The Joy of Not Being Sold Anything"
(found on Tumblr)
#meme #memes #graffiti #capitalism #philosophy #advertising #mindcontrol
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"The Joy of Not Being Sold Anything"
(found on Tumblr)
#meme #memes #graffiti #capitalism #philosophy #advertising #mindcontrol
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dans une société de croissance, ce sont les besoins de la croissance qui suscitent une « surrection illimitée de besoins »
https://shs.cairn.info/revue-du-mauss-2014-2-page-87?lang=fr
