We know what’s coming and we are prepared.
AI as it is currently understood is not mere technology, but a system of total technological domination over the public. Just as institutions and people have already ceded too much of cyberspace to the cloud, we are in danger of offering even more of our lives and society on the altar of centralized computing. The ‘singularity’ was never to be an economic or technological boon, but rather the mere collapse of society under the weight of digital totalitarianism. Naked human dominance and tyranny was the face behind the techno-utopian mask. A generation was evicted from the ideal of home ownership by the combination of a variety of economic and social forces, it would seem that the same is taking place in cyberspace. ‘Hardware is the new homes’, as the public becomes priced out of securing a modest home server.
AI as it is currently understood is not mere technology, but a system of total technological domination over the public. Just as institutions and people have already ceded too much of cyberspace to the cloud, we are in danger of offering even more of our lives and society on the altar of centralized computing. The ‘singularity’ was never to be an economic or technological boon, but rather the mere collapse of society under the weight of digital totalitarianism. Naked human dominance and tyranny was the face behind the techno-utopian mask. A generation was evicted from the ideal of home ownership by the combination of a variety of economic and social forces, it would seem that the same is taking place in cyberspace. ‘Hardware is the new homes’, as the public becomes priced out of securing a modest home server.
Regardless of how ultimately useful the technological techniques behind AI tools actually are, what people are actually afraid of is the run away feedback loop that seizes control of cyberspace as society is further dominated by it. It may not matter what currency we use, or if our government ID is digital in a time where everything needs to ask the central computers for permission to take any action. This could be tolerable if we saw a commensurate rise in innovation and invention, but it seems that was just the marketing for invasive control and surveillance. People are beginning to realize that the very nature of this system is anti-social and inhuman. The question isn’t if it is bad or good, but rather how bad it’s going to be. https://libresolutions.network/articles/ai-regret/
Intellectual masking is the deliberate regulation of how much of your knowledge, reasoning, and analytical ability you reveal so that others form a controlled (and often incomplete) assessment of your capabilities.
Its purpose is to manage perception, reduce unnecessary attention, encourage others to reveal more information, and preserve strategic advantage until demonstrating full competence serves your objective.
🛢 We Are 'Still' Going Full Speed Into The Wall
Product storage is about to get tighter unless China steps in and lifts the product export ban. If it does, expect a meaningful reversal in crude.
WTI is barely hanging on to $70 for its dear life, but please remember that consumers use petroleum products like gasoline and diesel; they don’t use crude oil. Refineries do, and this is why it was always important for us to pay attention to crack spreads along with crude timespreads.
Note: Please divide it by 3.
The fever in the market today is that crude is oversupplied, but products are undersupplied. How can this be possible?
Well, China’s June crude import data so far is -4.7 million b/d y-o-y, and teapot refineries are operating at 50% utilization. Compared to US refineries operating at 95% and PADD 2 refineries operating over 100%, you can see where the disconnect is.
But here’s the thing. If end-user demand isn’t down and you still have a production shut-in of ~8 million...
