This is clearly false, the K shaped economy framing does ring true to me and you are describing the lower half of the K. Those millenials (and younger) with crippling student loans, no savings, and unmarketable skills are a major voting block and will definitely have an impact on policy. The size of the impact will be determined by their level of anger and ability to essentially convince the upper half of the K to go along with wealth transfers (traditionally not easy to do).
That will happen inevitably, we are throwing spaghetti at the wall right now, and cleaning up the mess, lessons will be learned. The question is whether that phase will lead to real lasting damage and to what. For myself I no longer read cold emails, I believe they are all AI generated, and that communication method may legitimately die culturally. What else will be destroyed?
They are both right, the revolution needs to be oriented for ordinary people and college kids to benefit from it or else their attitude is wholly justified. There's basically no reason for them to cheer on a future of trillion dollar corporations using AI services to battle for knowledge work market share.
A lot of money was thrown around the last 10 years trying to pump up entertainment companies in a bid to either take over the industry in a winner take all streaming world or get acquired. Now that the consolidation has finished, it's about cutting back. How Paramount has managed Star Trek, and where it is now is informative in my opinion here.
Yes it must go beyond the mere desire to have children produce economically valuable output. However this is easier said when the costs (to recipients and public taxpayers) are much smaller.
This seems like a good faith question to me, Jones clearly operated thinking he was protected under the first amendment, and it was not obvious to me he was going to lose his court case despite morally finding his actions repugnant.
The implementation details of government intervention in the economy is critically important for success and I don’t really think there is consensus as to how it should be done. Seems like the major tariffs on Chinese EVs are mostly about buying time, but western manufacturers see the writing on the wall and are leaving the market.
It's priced for extreme growth cause that's the way the CEO and board want it to be. They don't want to make cars and sell them to consumers for a small profit cause that's not an extreme growth opportunity so the focus is elsewhere.
Tesla is also retreating from the being a car company, at least they don't see being a company that sells electric cars to consumers being a great business to be in long term.
So essentially western government intervention in the economy is the only way and every company is behaving rationally by retreating until the government steps in and makes the long term math make sense for them.
The Vin Diesel jokes I remember had an absurd quality to them beyond "He's really tough." One I recall fondly was "Vin Diesel writes Donkey Kong Fan Fiction."
Cause he doesn't actually want to spend time in a VR world, and has no idea what a good or bad one would be. He just was hoping it was the next smartphone and he'd own the platform.
There will be some creative people that can now tell stories they couldn't before with AI, but I think by and large the major use case is to create short form video clips to get attention on the internet (advertising). I don't foresee a "movie" (meaning narrative story told via visuals and sounds in 1-3 hours) renaissance happening, in part because I think the form is fully mature and there's not really much more that can be done with it. It's essentially gonna be where Jazz music is today in 40 years, it will have its fans, and there will be talented practitioners, but every year it will be more and more culturally irrelevant.
Cultural relevance of movies is already greatly diminished. Maybe these AI tools will trigger a reversion of movies to the days of the nickelodeons where plot, story, and character are irrelevant and people just shell out money (attention) as long as the moving image looks cool.
I think it's the opposite problem, they have too much information and data, which means they aren't making lots of gambles on new/different scripts anymore but making very safe bets because everyone is terrified of losing their cool high paying jobs.
He's more polarizing than usual maybe with stronger approve/unapprove ratings but his net popularity is in line with most 2nd term presidents at this stage.