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The Market Ticker - The Latest Bubble, And Why It WILL Pop

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It’s “AI” of course.

There is no such thing.  There never has been and I argue there likely never will be either.  Certainly, there is no evidence we’re any closer to it in actuality than we have ever been in the age of computing, which runs back to roughly the 1960s.

Many will likely disagree with me on this, but you’re arguing with someone who literally cut his programming teeth on both punch cards and reverse-engineering a Burroughs machine code print-out on green-bar paper without an instruction set manual by pure trial and error to map operators and operands so I could change a city tax rate in the bookkeeping software loaded originally from punch-tape, and which Burroughs wanted an obscene amount of money to make a literal 10 second edit and send over a new one.

If you want…….

(Click link to read more)


Source: https://market-ticker.org/akcs-www?post=251500


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