Is this dotcom bust 2.0? History shows how difficult it is to spot the exact moment that markets turn

Is this dotcom bust 2.0? - on.ft.com/4bBPd8s via @financialtimes.com

“Some things change, but human beings, bless them, do not. All the signs of a classic bubble are upon us,” says Jim Grant, a financial journalist and perma-bear who predicted both the dotcom crash and the subprime mortgage mess"

He has spent far far too much time with his friends from McKinsey, TBI, and his Google constituents in St Pancras.

He seems to be buying into AI through the lens of AI lobbying reports built on sand. Not listening to any other views. V bad indeed.

Matt Rogerson on LinkedIn: Government polling suggests UK voters most concerned about AI undermining… Government polling suggests UK voters most concerned about AI undermining trustworthiness of news and information published online. https://lnkd.in/e6sizU2T…

www.linkedin.com/posts/mattro...

FT policy chief warns MPs watered-down copyright regime for AI is 'huge mistake' Preserving copyright protections for news publishers against theft by AI companies is “a question of right and wrong”, the FT has told MPs.

Preserving copyright protections for news publishers against theft by artificial intelligence companies is “a question of right and wrong”, the policy chief at the Financial Times @mattrogerson.bsky.social has told MPs
pressgazette.co.uk/media_busine...

Google implements OPT-IN for YouTube 3rd party AI training

techcrunch.com/2024/12/16/y...

"the default setting for all creators will NOT ALLOW 3rd parties to train on their videos, whch makes it more explicit to companies that have already done so that they did this against the creators’ wishes."

Some fun facts I didn't know before I plugged the books3 jsonl into chatgpt:
- The scrape has 85+ books in it from over 30 serving @houseoflords.parliament.uk
- Lord Dobbs holds the record with 17 books
- Lord Roberts is second with 10 books
- The dataset also contains 10 books on copyright..

Sharing without clicking on news in social media - Nature Human Behaviour Over 75% of links to news shared on Facebook during the election seasons of 2017–2020 were forwarded without the sharer first clicking on them. Extreme and user-aligned political content was shared mo...

Not very surprising, but good to have an estimate: "shares without clicks’ (SwoCs) constitute around 75% of forwarded links." www.nature.com/articles/s41...

Should tech giants be treated like nation states? [FREE TO READ] A UK minister said governments should show a ‘sense of humility’ when dealing with Big Tech

Rana Foroohar in @financialtimes.com on the tech as a nation states thing...

www.ft.com/content/648c...

After I'd stopped 😪, I thought about relying on a nation state to help run the civil service (i.e. CoPilot). & hope there is a big red button? & interoperability/switching built in from day 1?