Here is the daily technology #threadcast for 8/10/24. We aim to educate people about this crucial area along with providing information of what is taking place.
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Technology has its downsides example scam, and other internet enabled fraud.
Would you prefer not to have the internet?
Fire can burn your house down or be used for cooking?
The advantages of internet far out weighs the disadvantages. Still I prefer the internet technology.
Car have accidents but still people drive cars.
Yet people are railing against the development of autonomous vehicles. Amazing how clueless humans can be.
benefits of technology are numerous, for one, I can converse with @taskmaster4450le, and others. Make some passive income through #inleo
You have more than the richest person did 250 years ago.
They would consider talking to someone on the other side of the planet as magic.
There was a time when mobile phones were only for the wealthy, doctors and stock brokers, in the developed countries.
You are on point. Powered by Technology.
That holds true for much of human history. Fire was one of the first technologies that changed society.
technology has improved life to a very large extent.
Think of telephone. Television. Internet. AI
Think steam engine. Tractor. Electricity. Medical care.
Exactly. And the list goes on...
We keep adding to it.
Starship is ready for its 5th test flight, SpaceX says
Do you follow the space race?
I follow StarShip development. If the launch is during work hours. I pause everything to watch.
If you want an image generator that does people well, here is one to try.
https://flux1.ai/create
Do you fear #technology?
In an aggregate way, because I know that today we are only able to communicate thanks to the technological advances that have occurred over the years.
That is true. People do not realize what is in their hands as compared to 40 years ago.
One thing about getting older, we can see the transition. Younger people do not understand what life was like without certiain #technology.
This current generation doesn't even dream of what the world was like 30 or 40 years ago.
Today they wouldn't imagine what it's like to live without the internet hahahaha...
I was there before the Internet.
There was also a time without in home video games, mobile phones, digital cameras (let alone camera phones), and personal computers.
A good part of all this, I didn't have in my time. It's even funny to remember that despite not having most of these things, we were happy.
This is very interesting:
Inside Xiaomi’s Autonomous Dark Factory: What’s Going On?
In a groundbreaking move that signals a new era in smartphone production, Chinese tech giant Xiaomi has unveiled its state-of-the-art “dark factory” in Beijing. This fully automated manufacturing facility, capable of producing smartphones without human intervention, represents a significant leap forward in the integration of artificial intelligence, robotics, and advanced manufacturing techniques.
#technology #xiaomi #manufacturing
Hey @taskmaster4450le
Thank you for telling me to read this news. I found it very interesting and it's incredible how advanced Xiaomi is in this project with the creation of new smartphones without human use.
It is a dark factory. No need for people in it, thus no need for lights.
We could be looking at the future of manufacturing.
I went to check this out and was really excited about what they can do from now on.
It will be a big saving since you won't need to spend on salaries and energy.
It is. That is why it is deflationary. The downside is people lose their jobs.
I have a feeling this is going to happen across the economy. Robotics is going to really cause a lot of disruption in the job market.
Unfortunately, #ai is going to come in first.
That's what I thought about it too. There will be a lot of unemployment, because when these automations become quite common in the job market, I wonder what these people will do to support their families.
I may be wrong, but perhaps Musk already predicted this and he already mentioned something similar as a "social wage" because with machines taking up a large part of jobs, this may be necessary.
Former YouTube CEO Susan Wojcicki has passed away at age 56
Tragedy has again struck a famous Silicon Valley family.
Tragedy has again struck a famous Silicon Valley family. Former YouTube CEO Susan Wojcicki just passed away, according to social media posts by her husband, Dennis Troper, and by Google CEO Sundar Pichai. She was 56.
Wrote Troper on Facebook earlier Friday night, “It is with profound sadness that I share the news of Susan Wojcicki passing. My beloved wife of 26 years and mother to our five children left us today after 2 years of living with non-small cell lung cancer.”
#technology #newsonleo #rip #youtube
Article
Anysphere, a GitHub Copilot rival, has raised an over $60M Series A at $400M valuation from a16z, Thrive, sources say
Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing
Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing at a $400 million post-money valuation, two sources familiar with the deal told TechCrunch.
#newsonleo #technology #anysphere
Article
The X exodus that wasn't
When digging into the data to determine how large the exodus everyone on Threads is talking about actually is, we oddly came up short.
Over on Threads, the talk of an X “exodus” is blowing up. Anecdotally, at least, people report seeing an influx of new users and other online friends leaving Elon Musk’s X to join Meta’s Threads, with some even deactivating their X account in the process. But while users’ timelines filled with this chatter and various hashtag trends — like “Xodus” and “TwitterExodus” — seemingly point to a massive shift in users from X to Threads over the past week, app store and website traffic data don’t yet reflect any significant changes between the two platforms.
#technology #x #socialmedia
Article
How a cybersecurity researcher befriended, then doxed, the leader of LockBit ransomware gang
Jon DiMaggio used sockpuppet accounts, then his own identity, to infiltrate LockBit and gain the trust of its alleged admin, Dmitry Khoroshev.
Earlier this year, an international coalition of law enforcement agencies took control of the dark web site of the notorious ransomware gang LockBit, replacing its content with the now-familiar message from the authorities: “This site is now under the control of law enforcement.” The operation didn’t disrupt the group’s operation for too long, with the gang launching a new site shortly after the takedown.
#newsonleo #technology #lockbit
Article
After global IT meltdown, CrowdStrike courts hackers with action figures and gratitude
CrowdStrike tried to go back to business as usual at one of the world's largest annual cybersecurity conferences, weeks after its massive global IT crash.
On Wednesday morning, thousands of cybersecurity professionals swarmed the halls of the Mandalay Bay Convention Center in Las Vegas, the epicenter of the annual Black Hat cybersecurity conference, where dozens of companies were advertising their wares.
#newsonleo #crowdstrike #technology
Article
Student raised security concerns in Mobile Guardian MDM weeks before cyberattack
This is the second cyberattack targeting the school device management service Mobile Guardian this year.
A person claiming to be a student in Singapore publicly posted documentation showing lax security in a widely popular school mobile device management service called Mobile Guardian, weeks before a cyberattack on the company resulted in the mass-wiping of student devices and widespread disruption.
#technology #newsonleo #mobileguardian
Article
Gmail Creator Paul Buchheit On AGI, Open Source Models, Freedom
#technology #ai
AI isn't gonna keep improving
#technology #ai
How to ask Google to remove deepfake porn results from Google Search
Need to remove nonconsensual deepfake porn results from Google Search? Here's how, using Google's built-in tools.
The internet is full of deepfakes — and most of them are nudes.
According to a report from Home Security Heroes, deepfake porn makes up 98% of all deepfake videos online. Thanks to easy-to-use and freely available generative AI tools, the number of deepfakes online — many of which aren’t consensual — skyrocketed 550% from 2019 to 2023.
#newsonleo #google #porn #deepfake #technology
Article
Reuters: Signal messenger blocked in Russia, says Roskomnadzor -Ifax
https://www.reuters.com/technology/signal-messenger-blocked-russia-says-roskomnadzor-ifax-2024-08-09/
Of course. Typical.
People who get censored/sanction by others do it to those they can.
It is like with #crypto. Russia opens up to it so as to get around sanctions but regulates it for the citizens.
All governments are the same.
Reuters: Cisco to lay off thousands more in second job cut this year
https://www.reuters.com/technology/cisco-lay-off-thousands-more-second-job-cut-this-year-sources-say-2024-08-09/
Reuters: Meta beats censorship lawsuit by RFK Jr's anti-vaccine group
https://www.reuters.com/legal/meta-beats-censorship-lawsuit-by-rfk-jrs-anti-vaccine-group-2024-08-09/
Taking down Big Tech by laws isnt really going to happen. Regulations is nothing more than a cost of doing busienss.
Reuters: UK revisits social media regulation after far-right riots
https://www.reuters.com/world/uk/uk-revisits-online-safety-act-after-far-right-riots-2024-08-09/
Wired: The Benefits of Ozempic Are Multiplying
https://www.wired.com/story/the-benefits-of-ozempic-are-multiplying/
So they say. They said that about other things then pulled them.
CNBC: The rise of OpenAI and Microsoft’s $13 billion bet on the AI startup
https://www.cnbc.com/2024/08/10/rise-of-openai-microsofts-13-billion-artificial-intelligence-bet.html
CNBC: Former YouTube CEO and Silicon Valley trailblazer Susan Wojcicki has died at age 56
https://www.cnbc.com/2024/08/10/former-youtube-ceo-and-silicon-valley-trailblazer-susan-wojcicki-has-died-at-age-56.html
Very young. I do not remember her but then my following of tech CEOs outside the big names is not great.
Hell I dont know who runs YouTube now.
BBC: A week of unrest - and a week of silence from big tech
https://www.bbc.com/news/articles/c3ej9e4lqp5o
The NY Times: Former Twitter Board Member Sues Elon Musk’s X For $20 Million in Pay
https://www.nytimes.com/2024/08/09/technology/elon-musk-x-twitter-board-lawsuit.html
The NY Times: Where Are the Trumpiest Ads? All Over Truth Social.
https://www.nytimes.com/2024/08/08/technology/trump-truth-social-ads.html
The Guardian: ‘His rhetoric has made Tesla toxic’: is Elon Musk driving away his target market?
https://www.theguardian.com/business/article/2024/aug/10/his-rhetoric-has-made-tesla-toxic-is-elon-musk-driving-away-his-target-market
The media loves to stir up crap. #tesla only keeps getting stronger.
What did legacy auto do to drive away their customers. Inventory is up a great amount in the US, all on dealership lots. Hell Stellantis has over 150 days of inventory.
Ironic they dont mention that.
The Guardian: Hello, goodbye: the rise and decline of the celebrity video-greeting app Cameo
https://www.theguardian.com/technology/article/2024/aug/10/cameo-celebrity-greeting-app-decline-nigel-farage
A lot of niche things are going by the wayside.
Celebrity is actually going to change in the future.
The world, especially online, is radically changing.
It is crucial people understand the concept of the everything network. This is where Web 2.0 is moving even without using that term.
#technology #web3
Have you noticed how Hollywood gives a negative portrayal of #technology but are quick to embrace it?
Hollywood has no choice, it must accept.
Even though actors and screenwriters are opposing the technological movement, they know that this will be the future.
Many are opposing #technology but it is ironic, each day people keep feeding it. Unfortunately, they keep pushing more into Big Tech, something that might not be the most beneficial approach.
Chatbots are taking over. The #technology simply keeps getting better and people are getting use to them quickly.
This movie is all about #technology
I will be watching it and commenting under it...
MATRIX Full Movie 2024: Neo Returns | FullHDvideos4me New Action Movies 2024 in English (Game Movie)
#technology #matrix #moviesonleo
Here comes the matrix movies, it's all about technology 🤣🤣.
Tom Anderson 😍
Why are they chasing after them?
The marketing people needs more action.
Raina
These ladies are on fire tonight.
The cop's are after them.
They gat some big gun too, these girls are crazy 🤣🤣🤣.
they just blow down the bridge
Dee has gone to meet his friends.
Why in the bathroom, he remembers what happened previously..
HE lost his friend in a gun fight with some bad guys 😞😭.
Although he gat some chips on him
Traveling on a train
It was a setup
some zombies are coming after him
HE keeps seeing different visions.
THats a crazy looking face
THis is a nightmare 😡😡
The ladies just entered a hall where Dickson was working on
The page was found in a dead body.
There are different pages that was written about them.
The movie is daim crazy 🤣🤣🤣🤣.
Reading book of murder cases.
Crime book from Alen Cage
Where did she enter?
Anderson FBI
The FBI found her self in a strange place..
SHe found Alen wake, the writer that got missing for over 13 years..
Logan the daughter to one of the FBI almost got herself killed.
Mr wake was long gone for over 13 years...
He was a writer that sees everything that is happening even though he is not there.
THey are coming after him.
The woman in his vision helps him
But the dark presence was steeling from him
The dack place is trying to rewrite what Alen wake was writing.
Scratch is a crazy dude.
Wake saw the vision of the FBI try to save him from scratch.
Addison trailer
SHe found her new old relatives
The FBI daughter got missing..
HE stopped writing due to the back place..
HE keeps seeing vision.
He was writing the story from the dack place..
HE Grandpa always has an answer
Scratch has come for them, they just need to hid...
He just needs to find another way...
Go find the clicker....
At this moment, they discovered the Scratch was wake, but from the future although he was carrying the dark side with him
THe writing brought the dark place.
He was closer than ever.
A very good video on the everything code by Raoul Pal.
Here are the key points and why they matter:
Point: Traditional diversification strategies are no longer effective.
Importance: Investors need to reconsider how they manage risk and build portfolios, potentially focusing more on macroeconomic factors and market cycles.
Point: GDP growth is driven by population growth, productivity growth, and debt growth.
Importance: Understanding these components helps predict economic growth and inform investment decisions.
Point: Population trends significantly influence economic outcomes.
Importance: Demographic changes can affect labor markets, consumption patterns, and long-term economic growth.
Point: Financial conditions and central bank policies create cycles of liquidity that impact asset prices.
Importance: Recognizing these cycles helps investors anticipate market movements and adjust strategies accordingly.
Point: Post-2008, economic and market cycles have become more pronounced.
Importance: Investors should be more attuned to cyclical patterns and adjust their strategies to these cycles.
Point: The business cycle affects asset performance, with different phases (early, mid, late, recession) impacting returns.
Importance: Understanding the business cycle helps in timing investments and asset allocation to maximize returns and minimize risks.
Point: Different asset classes perform better at different stages of the business cycle.
Importance: Investors can optimize returns by adjusting their portfolios based on the current stage of the business cycle.
Point: The macroeconomic environment (disinflationary boom, inflationary boom, stagflation, deflationary bust) dictates asset performance.
Importance: This framework aids investors in aligning their asset allocation with the prevailing economic conditions to enhance performance.
Point: Digital assets have been top performers in recent years.
Importance: As the crypto market evolves, investors need to understand its dynamics and potential future trends to capitalize on opportunities.
Point: Details on significant economic or market risks that could have widespread impact.
Importance: Awareness of such risks is crucial for risk management and preparing for potential downturns.
Conversational #ai is something to pay attention to.
#technology
Making Sense of Everything (The Everything Code)
The Everything Code and Macro Thesis:
Liquidity is increasing at 8% per year globally, which is the hurdle rate for all investments. With inflation, the hurdle rate is around 12%.
The two massive secular trends are cryptocurrency (e.g. Bitcoin) and the NASDAQ, which are both exponential trends based on adoption curves and capital flows.
The "magic formula" is that GDP growth equals population growth + productivity growth + debt growth. Slowing population and productivity growth is offset by increasing debt.
Debt ends up being monetized through currency debasement. Global liquidity follows an exponential trend like Bitcoin and NASDAQ.
Demographics explain economic trends - slowing birth rates and labor force participation drive the debt and liquidity cycle. Government debt is inversely correlated with labor force participation.
Central banks use liquidity injections to offset the demographic trends and allow governments to service debts through currency debasement. This drives asset prices higher.
The Liquidity Cycle and Business Cycle:
The ISM Purchasing Managers Index follows a predictable 4-year cycle based on the debt maturity and liquidity injection schedule since 2008. This matches the presidential election and Bitcoin halving cycles.
The 4-year cycle can be broken down into annual "seasons" - spring, summer, fall, winter - based on liquidity injections and withdrawals. Asset prices follow these seasons.
Forecasting the ISM cycle and liquidity allows for forecasting of asset prices, especially for liquidity-driven assets like NASDAQ and crypto. Models suggest a potential peak in ISM in June 2025 and liquidity peak in Sept 2024.
Asset Allocation and the Business Cycle:
The business cycle, measured by the ISM, is the key driver of asset prices across equities, commodities, credit, and crypto. Different assets have different lead/lag times to the ISM.
A framework of leading and lagging economic indicators can be used to track phases of the cycle.
The cycle can be broken into "four seasons" based on the growth and inflation mix: Spring (growth accelerating, inflation falling), Summer (growth and inflation accelerating), Fall (growth falling, inflation accelerating), and Winter (growth and inflation falling).
Each season favors different assets e.g. Spring favors tech/growth/crypto, Summer favors commodities and cyclicals. Late 2022 was the transition from Winter to Spring.
The current environment in mid-2024 is showing signs of moving from Spring to Summer, with a broadening of cyclical and commodity outperformance.
Crypto Cycles and Outlook:
Crypto prices move in cycles around the 4-year halving cycle, with the next major peak expected in 2025 based on historical patterns.
The crypto market cap is expected to go from $2.5T today to $10-15T in this cycle, potentially $100T by 2030, based on a continuing exponential adoption curve.
Bitcoin can be thought of as a large cap and tends to lead the cycle, while altcoins are like small caps and tend to outperform Bitcoin later in the cycle once the trend is established, similar to how small cap stocks lag the ISM.
On-chain data and technical analysis suggest the crypto bottom is in and the bull market is resuming after the 2022 bear market. Altcoins in particular look poised for major outperformance in the months ahead.
The Supermassive Blackhole and Opportunity:
Cryptocurrency is the single best-performing asset class in history, far outpacing even the NASDAQ. It is an "alien" asset class in terms of returns.
All other assets are being devalued relative to crypto over time due to fiat currency debasement. The "supermassive black hole" means that any money that leaves crypto for another investment is losing value in real terms.
The combination of technological adoption s-curves and the liquidity cycle argues that staying invested in the crypto secular bull trend is the best way to preserve and grow wealth in real terms.
The "banana zone" is the period in late 2024-2025 when liquidity, adoption, and cyclical tailwinds should combine to produce spectacular returns, potentially a "blow-off top".
Overall, crypto represents the single greatest macro opportunity investors have ever seen, and the goal should be to participate in this trend as much as possible.
In summary, understanding the interaction between demographics, debt, liquidity, technology, and the business cycle is crucial for constructing a macro thesis and asset allocation. Cryptocurrency is the asset most leveraged to the mega-trends of technological adoption and fiat debasement. The goal is to participate in the crypto secular bull market in order to preserve and grow wealth in real terms.
benefits of technology are numerous, for one, I can converse with @taskmaster4450le, and others. Make some passive income through #inleo
The benefits of technology on health care is immense
Yes it is. Would you like to have surgery using 1950s #technology?
The singularity is already here.
We are living in it.
The technology of stirring sugar in a cup of tea, or coffee from right to left, or from left to right depends only on our habit :) !BEER