Specal
Inflation however is a load of bollocks. It’s inaccurate to measure and can be oh so easily manipulated.
House prices have been rising at a stupid rate for decades yet we had in the UK a typical inflation rate of… 0.1% for a decade whilst house prices out performed everything else because they just ignore it.
Like how if your favourite brand of cereal goes up 700%, that won’t be included in inflation data they make the assumption you’d eat a generic brand instead that only went up 0.5%
It’s all bollocks the lot of it, remove money it’s not worth anything anyway
This whole argument of peoples pension funds being the largest shareholders in a company is bizarre. https://www.blackrock.com/institutions/en-us/insights/public-pensions-survey pensions are owning less and less of the stock markets every year, become less and less relevant. Institutions like blackrock however are growing. Consistently.
Like mate your neighbour Barry isn’t calling into the shareholders meeting to criticise the CEO for paying $0.05 an hour over minimum wage the the receptionist.
It’s not really whataboutism though is it, I’m just pointing out that there are alot bigger causes of climate change that can be dealt with immediately additionally to data centers but we don’t, because these things add a convenience to our lives. People could stop eating animal products, people can stop driving cars. I have, it’s easy.
But people won’t, so I’m pissing my self laughing at this website crying about AI.
And let’s add that electricity generation doesn’t have to be expensive and carbon intensive, we’ve chosen this course. We keep voting in government that love feeding money into the oil industry, then we get angry when people protest it by sitting on motorways or throwing paint at pieces of art that will be absolutely useless and worthless once society ends due to the climate crisis.
But it’s fine, let’s believe misleading information like available in this article and cry about companies trying to revolutionise a piece of technology and carrot on eating off the oil Barron’s stick.