McSweeneys on #Ai#economics

"Benjamin owns a farm. He employs 100 workers plowing his fields. His total payroll is $10 million/year. One day, he buys a mule, which provides the worker who uses it with a modest 10 percent productivity gain. Benjamin fires 99 of his workers and purchases 99 mules, expecting a 1,000 percent productivity gain. The driverless mules cause plow damage to his property in excess of $50 million. Benjamin loses another $5 million due to the loss of productivity from his one remaining employee, who no longer guides a plow but instead spends 100 percent of his time shoveling mule shit. Goldman Sachs builds an altar to Benjamin in their lobby and cuts out the heart of a junior analyst on it every Friday. They call it “Blood Sacrifice Friday.” The name isn’t catchy, but the event becomes a management favorite nonetheless."

🤣🤣🤣

https://www.mcsweeneys.net/articles/ai-economics-for-dummies

RE: https://hci.social/@cbecker/116728336094142084

Well, ACM is dead.

RE: https://flipboard.social/@CultureDesk/116715991617607884

and so it begins ...

SignalTrace "links devices that regularly travel together, correlating them to license plate." It is a surveillance product that will sweep up and add all sorts of Bluetooth and other data to license plate readers, linking specific devices—and people—to cars.

https://www.404media.co/this-company-will-add-phone-airpod-and-smartwatch-trackers-to-license-plate-readers/

Scott Pelley says Bari Weiss wanted 60 Minutes to say Renee Good was ‘driving toward officer’

The fired journalist accuses CBS News chief of interfering with report because it echoed what Trump said of the shooting

Pelley said that 60 Minutes had “gone out of our way in our plan from the very beginning to show the protesters for the responsibility that they had … somehow that wasn’t enough for Ms Weiss”.

He added that video of the shooting showed that the officer wasn’t standing in front of the car and she wasn’t “driving toward him”.

He argued that Weiss “wanted it described that way”
because it echoed what Donald Trump said of the shooting
https://www.theguardian.com/media/2026/jun/07/scott-pelley-bari-weiss-renee-good-report?CMP=Share_iOSApp_Other

RE: https://ppb.social/@ppb1701/116582684084696616

I'm thinking about switching from @bitwarden to @protonprivacy Pass. Sadly, neither company has taken a stance against LLM-assisted coding, which is a major security concern, but I think Proton has a stable profit model and good momentum behind it while Bitwarden is about to be squeezed for financial gain.

What do I need to watch out for? (I'm not interested in other options except maybe Vaultwarden. Yes, I'm aware of Proton's legal contradictions.)

BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules

THIS IS A HUGE VICTORY FOR INVESTORS AND YOUR RETIREMENT

"S&P Global said on Thursday it ​was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by ‌effectively ruling out a swift entry for the world's biggest-ever IPO into the benchmark S&P 500 index."

https://www.reuters.com/business/finance/sp-global-keeps-fast-entry-proposal-unchanged-spacex-listing-looms-2026-06-04/

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#SpaceX #SpaceXIPO