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The bridge to wealth is being pulled up with AI

danielhomola.com

311–320 of 435 posts

Re: The bridge to wealth is being pulled up with AI

#311
post #117

Earlier quoted context omitted.

> We’re already there. Your individual labor isn’t enough to make a living unless you subscribe to the altar of a feudal FAANG. This is preposterous. You think you already can't "make a living" without working at a FAANG? Is this a serious post?

He's right. It's not just FAANG, but if you're not within about 2 or 3 degrees of separation from FAANG or a subset (not even the whole thing) of SP500, you're hosed. Even then, it's not a panacea. McDonald's employees can confirm. And it's because only those companies are big enough to cut deals to shield themselves and their subjects from the massive amounts of debt the world economy is being forced to service; eve…

Except for all the small business owners that are doing just fine, and many are more than fine. You just don't want to be a corpo who is competing with FAANG, or anywhere where you have to "share" any margins with them.

Re: The bridge to wealth is being pulled up with AI

#312
post #143

Earlier quoted context omitted.

I saw a gh for a $100 stringer missile last week. I often wonder if I will miss the stable tyranny of American capitalism if we descend back into warring nation states defended by cheap autonomous munitions.

That thing was a toy, not even remotely viable or even a meaningful step towards viability. It was discussed here.

>or even a meaningful step towards viability.

Says the person that gets rocketed in the next civil war.

The more unstable our country becomes the more meaningful weapons like this will develop.

Hell, if I were a nation that controlled my internet and other information, I'd start injecting effective versions into the internet of 'free' countries so they could take themselves out.

Re: The bridge to wealth is being pulled up with AI

#313

Earlier quoted context omitted.

I assume they're referring to the inability of small scale agriculture to produce as many calories per acre as our current food system, which also relies heavily on fossil-fuel based imports. Of course, we also have a lot of unnecessary (but tasty!) excess in our current food system too. I think the problem really becomes - what do you do when the current system becomes untenable? If the costs of a "basic" modern lif…

I appreciate the nuanced reply and yes, I do mean that you will not be able to produce as much food as you currently can nor will you be able to do so as reliably as we currently can. And while you might be able to do it in Ireland — one of the only countries in the world with less people than two hundred years ago — it will likely be impossible to the billions living in far more densely populated countries.

Very true, and I worry that as the planet heats many of those billions will die

Re: The bridge to wealth is being pulled up with AI

#315
post #140

Earlier quoted context omitted.

Your assertion that it's "flat" is rather unconvincing after looking at that graph. It's clearly been rising relatively consistently. The dip for covid I think is especially understandable, and it's currently higher than it's ever been. Maybe your personal expenses are not reflected by the CPI, but you can see for yourself: https://www.bls.gov/cpi/tables/relative-importance/2025.htm 44% housing, 8% medicine, 14% food…

Are you blind? 2019: 83260 2024: 83730

It dipped during the covid recession and then recovered to an all time high. Is this your first time looking at an economic chart? It doesn't need to increase every quarter for it to have a very strongly increasing trend.

Re: The bridge to wealth is being pulled up with AI

#316

Earlier quoted context omitted.

I know how much the American health care system sucks. But I have looked into a high deductible health care plan on the exchange for myself and my wife - both over 50 to calculate how much we would need to survive a month of unemployment. It was around $1000/mo with no subsidies for a bronze plan.

This is a family plan; the bronze plans are $2400 or so a month. But that means a huge deductible; for a high-needs family, it works out worse financially.

Both my wife and I have been contractors for decade+ and have been with Kaiser and are paying $1.1k/month for Bronze-ish plan (1 child)

Re: The bridge to wealth is being pulled up with AI

#317

Earlier quoted context omitted.

There is not enough space for 8 billion humans to do "frontier living."

It always intuitively felt to me like there was enough space, but I am now getting the sense that my intuition here has been wrong. Will you define "frontier living" so I can better see the lack of space ?

One crazy thing I recently heard that put this into perspective is that Livestock makes up approximately 60% to 62% of the world's total mammal biomass. Combined with humans (approx. 34%–36%), domesticated livestock means humans and their animals constitute roughly 96% of all mammalian biomass on Earth, leaving wild mammals at only about 4%.

I suppose Frontier living doesn't necessitate hunting, but the amount of readily available meat and animal products would have to drop very low.

Re: The bridge to wealth is being pulled up with AI

#318
post #302

Earlier quoted context omitted.

And that has nothing to do with the fact that you don’t need “FAANG money” to live a comfortable life in Idaho… Besides cry me a river for the people in red states who keep voting for politicians who are voting for policies that hurt them as long as they can “own the libs” and see ICE mistreat brown people.

Why are you so defensive of rich people? Idaho has an affordability crisis and it is partly caused by rich people from out of state using their FAANG (or equivalent rich work) to box them out of properties.

elect better people (you won't but that's your core problem)

Re: The bridge to wealth is being pulled up with AI

#319
post #117

Earlier quoted context omitted.

> We’re already there. Your individual labor isn’t enough to make a living unless you subscribe to the altar of a feudal FAANG. This is preposterous. You think you already can't "make a living" without working at a FAANG? Is this a serious post?

I had to drop off my health insurance when the bill hit $4,850.24/month. Millions did the same. https://www.cnbc.com/2026/03/19/aca-enrollees-uninsured.html

That’s incredible. That must be responsible for population decline (migration more than death).

Re: The bridge to wealth is being pulled up with AI

#320
post #255
post #200

Earlier quoted context omitted.

That sucks and I hope congress gets their shit together soon, but there are a lot of non-FAANG companies that offer insurance.

My guy, congress can't even remove valid bad actors who openly lie to and threaten them. They will never fix any problems except their "light" pocket book

Trump rather likes handing out cash, as long as he can put his name on it. Maybe as long as congress agrees to call it TrumpCare.
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