| Basic info: | Coder, writer, artist, photographer, producer, director, cinematographer. |
| Advanced info: | atheist, heterosexual agender male |
| Superior info: | anti-hierarchal progressive, anti-capitalist |
| Distinguished info: | shape-mover, lucid dreamer |
| Basic info: | Coder, writer, artist, photographer, producer, director, cinematographer. |
| Advanced info: | atheist, heterosexual agender male |
| Superior info: | anti-hierarchal progressive, anti-capitalist |
| Distinguished info: | shape-mover, lucid dreamer |
RE: https://universeodon.com/@georgetakei/116626344064775669
Let’s not make the same mistake our forefathers made. Let’s be smarter about this threat.
Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
Jeff Bezos went on TV to whine about Zohran Mamdani to stop demonizing billionaires and the very next day Mayor Mamdani responded by forcing Amazon to pay $9M in fines accrued by Amazon delivery trucks for illegally idling and blocking NYC traffic.
This is what happens when you elect a mayor for the people, not the corporations. We need more of this.
I have a weird stance on #AI
Fuck the proliferation of the #AIDataCenter .
(We should buy #silver to slow this down)
But also full steam on AI taking over work.
Not only will we have more free time to overthrow the government. The economy will collapse if the bedrock is slop. Which is a fine thing: let all the stocks collapse. Let all the rich lose all their money. I cheer this on.
Let’s all meet at public parks and discuss. While parks are still public…
Will “work” “set you free”?
What is with this identity attachment of “worker”? Is THAT what we are?
Like with Christians being unable to distinguish between Christianity and their personal selves when Christianity is attacked. Maybe we need to step back and reorganize under different thoughts entirely.
Fuck ai, and maybe this is a more nuanced conversation than what will eventually, inevitably dwindle down to tribalism. Shouldn’t we be set free from work to overthrow the government?