We will see this trend of blocking US ownership more often. Any government cannot and should not give access to their own government, citizen data to foreign buyers no matter how good the relationship is.
Beside the point, this is drawing clearer picture of US control: losing. Us is seen as a threat and coercion making practices start with owning data using that as control.
By law the US govt is able to compel access to any data controlled by an American company, regardless of where those companies operate. There doesn’t need to be specific evidence of this case, it’s true of all cases.
Some American companies have tried to establish convoluted workarounds in Europe to get around this, but as far as I’m aware it hasn’t been tested in court yet.
interesting enough to read this. One thing that is not talked about is why would homes just keep going up, i understand the math behind it and what appreciation does to a home value. where is the cap that a visually home is 150k but market value over the three previous years has gone up 4% for example. This makes sense for high value areas, and upcoming areas. My confusion lies in the market value and negative equity. separate the mortgage "rate" and "market value, est home value" We can expect some gain is a guarantee, this could be 20% or 4% in 5-7 years of residing. The chilling wonder of rates exceeding 4%-6% is temporary as we saw previously in the 80's and 90's.
Someone can argue that indeed this is a natural cycle of mortgage financing, however my conclusion is to draw attention of the the span of time that mortgage rate have stayed high and the implications of inevitably adjusting to lower rates by the feds. The president has persisted to lower the rates regardless of the Chair's decisions. Lower rates cannot be done alone. The market also needs adjusting at the same time. Sure by adjusting the rates will have an immediate effects on the market as well, but not large enough.
Those that have updated and added additional features to their home did so with materials and services bought during high pricing. It is true that a deck built a year ago is going to be 20% less for example. later when selling a home how will this reflect on the bigger picture for the total price. Let alone the market when the cooling takes affect you will owe more than what the home is worth lets say. So my confusion is brought by a conversation with a coworker. Stated that he wanted to buy a home at 21 years old i said that unless you have a family and know that you will be stable in that location for arpox 5-7 years that sure, however when the market cools and your locked in mortgage rate is XX% how will you sell you home and come out even or even +.
Response: equity
me: you mean negative equity!
response: homes are only going up.
me: to what a million dollar for a two bedroom, one bath dwelling located in a busy street and minimal parking and adjacent to neighboring property.
He seemed convinced, he seemed to convince me that i was wrong.
Something i said multiple times on here, with a less refined paraphrasing, and less articulate wording. The perception that the good will have a everlasting run is none-sense and drawn from the foul thought of being invincible. I read a book a wile ago called ( power of agility, agility, ...) and it illustrates the importance of agility. The book depicts the implication of agility and how agility applies to one's self to large enterprises, the thinking behind it is that "Agility" can be applied to a wide range of scenarios. Interesting enough i finished the book at the book store before buying it ( it was like a little over 100 pages), however i still remember what i read from that book and it stuck with me. The part that stuck to me from the book the most is the importance of being prepared to be agile in tough situation. The importance in affirming change in a scenarios that might seem stagnate but hide the true damage or negative impact on self or organization.
ill stop there about the book, but i think you get the point. The book was depicting the realities of both one's own life ups and downs, which includes a side comparison of a organizations reality. In many ways this isn't much different. The enabling aided by the government has increased many sectors of the US to not be agile or just toss the idea out the window " we don't need to be agile we'll just try to takeover this sector in Italy to increase revenue". Becoming comfortable with just creating alternatives to problems is not FIXING the problem that originates.
plenty of people are shopping online and in fact they are using the same services that this company provides to them. That is why this type of targeting is affective. Society has grown to a large customer base that is simply what they are everything is for sale. This makes the point that to sell a computer these days they have to imaging you are using it to shop, based on statistics that sad truth usually lies in numbers. How many hours a day is an average American looking for deals or the hottest thing out right now. Newer products are not event glamouring the specs of their devices it simply what you can do with them now that sets them apart from their competitor. Smartphones ads are mostly focused on the camera capabilities and the screen clarity, that is what today's average user is focused on along with how long in a day they can enjoy this new smartphone (battery).
What worries me is how invested in the AI idea these companies are. You can see the great deal of hope they're emphasizing on.Not sure if this will last, but time will tell.
I really don't see this getting better from the sound if it, at-least from all the headlines present at the moment. The spending taking place from these big tech companies is alarming, not only is it centralized to single category " well by a large percentage". We still don't have a clear picture of the landscape for tech yet, yes there are some great tech innovation taking place in the US.
Being cutoff from China " A market that is also advancing in the same sectors as the US.Not allowing competition to enter the west will cause a recipe for disaster in the future. The current government is not "focused" on growth, despite the contrary to what's being said publicly. Where this will take the US is a place were stagnation is okay, so to make up for it there is a surge in investments in AI craze at the moment. The feedback is required in order to grow that goes for companies too not just the junior-varsity wrestler at you local high school. I mean taking abundance of data to utilize a summarize tool so that it can auto complete a prompt was bound to happen sooner or later, take elastic search for example, it's a search bar that as you type shows what that database has to offer with either a weighted response or indexed response depending on setting. This tool also shows images and information in regards to the search query. All that was needed to happen in that scenarios was something to compute this mess of data in abundance and project a response from it not just a search result. Marvelous you might say, but it has been around for a while now.The idea was there, it just needed the actor to execute it. The firings alone tell you the health and implications of these actions taking place. There was promises behind these investments that this war is interrupting or severing the deals even post-conflict.
The DotCom bubble was push on society to use the web and to digitize some parts of our lives, which the few companies that survived DotCom era are whats driving the push to the next era of tech or digital. It seems the AI idea is born without a guardian nor ownership, but to leave the courage to act upon it is open to any takers. The overwhelming spillover of data had to go somewhere. The useless data " how fast does a 2001 Porsche 911 go?" was tiresome to search for anymore.
The education system is already fallen apart in the US and this only makes things worse. Where is education heading with all of the adoption of AI all around us, how will you argue with your children, how will you learn new things? I don;t think I'm the only one thinking this at the moment by all means. The solution? well I'm, not sure if there is a solution to this? Companies want to see results from their spending and they will not stop until that is evident.
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