This doesn't look good

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(Edited)

Elon adds dog face on twitter, hence bull season begins. Yeah maybe. It sure is a great way for him to print free money. And the few insider friends of him.

In the meantime, inflation keeps inflating. Average Joe still struggles more and more with daily expenses. Dollar getting attacked. Oil goes up. Banks close one after the other. Ukraine war continues. And I hear a cool new variant is brewing as we speak in India too.

Even fucking McDonalds had a meeting or something, to discuss their future. According to rumors, they will soon announce thousands of layoffs. Fucking McDonald's, the backbone of American economy! Well, short of. 😂

Here's a cool graph I stumbled on Facebook today. I didn't save the page, but the actual source is in the photo:

img_1_1680637299869.jpg

Yeah, I am not a genius but this doesn't look good to me. These are tech layoffs. Just look at all those sexy red dildos starting from November last year. And the trend doesn't look good either.

And almost half of the layoffs since January 2022 occurred in just the first three months of 2023.

Does this look bullish for the tech sector? For BTC?

The rise of AI probably won't help much either. I mean for the tech layoffs. Not to mention other, darker scenarios. Not necessarily AI going rogue. Even just the wrong people using it the right way is enough. So yeah, let's give chatgbt internet access. Genius!

Or maybe AI will save us all. Or doge. Dunno. I still believe any pump we see these days is just whales doing whale stuff, trying to keep the ponzi till it busts hard.

You can play with numbers only so much.

What you think? Are we gonna make it? Is Elon our Lord and Savior? Or should I go buy some gold lubricant?



This message was sponsored by your favorite shitposter perma bear. Don't forget to follow and subscribe for more doomsaying.

Posted Using LeoFinance Beta



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63 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 150 of my contest just started...you can now check the winners of the previous week!
!BEER
11

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All we needed is an insider Friend 😂

Seriously This Inflation is a Real pain... Tech has suffered much and not sure what's kind of storm waits ahead.

Feelin bullish for BTC as long as this Banks drama and $ losing value stays.

Gold is already printing... Making highs, BTC, doge also but with my one buy it's gonna go down again. !LOL

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Who is gonna buy BTC if they just lost their job and can't buy food?

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Kartel Fren Kartel aka CZ, Tether printing Moar = $1m per BTC confirm 😂

And than Dumping later all on us ~ exit liquidity and we Go Moar Broke. So, No Food.

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but with my one buy it's gonna go down again.

Lmao

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Gold and silver up a lot too and now treasuries yielding big interest rates. I agree somethings got to give as not everything can continue going up. On the bright side my bank now gives 0.5% in savings lol. I should move my parked money in bonds or CDs.

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Damnnnnnnnnnnnnn. 0.5? Consider yourself retired!!

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(Edited)

Funny how people blame AI. "I use AI to write all my stuff," is just a fancy way of saying, "I'm willingly forcing myself to become obsolete."

"Look how easy my life is now!" A few moments (months, years) later... "Life sure is hard without a job."

Can't blame AI. Blame the people.

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(Edited)

Yeah, even if it doesn't go full skynet, it seems like people are gonna go full retard thanks to it. I know I would if this was available 30 years ago.

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Every portrait painter wanted to kick the living shit out of every photographer they saw then shove their cameras up their asses.

All those people riding along yelling, "Get a horse, asshole!" To the people driving cars.

So many examples of sudden disruptive change in history. Countless. What they had in common was once the dust settled, more, different, new jobs were created. It's very difficult to predict what will come from this.

Certainly entertainment industry can adapt and still make money. Probably space industries. Robotics. Writing fluff to cram between advertisements on a website, stuff like that is out the door. Menials tasks in the office, gone. And just because it made money, that doesn't mean humanity actually needed it in the first place.

Just gotta go with the flow I guess. Much of what people fear about AI is still science fiction as well, so there's that.

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I think the main difference between AI and the older examples is the sheer rate of exponential change. We're only at the beginning right now and already seeing every company pour literally everything they had out of 10 baskets and into a single AI basket. Jobs are already completely dominated by AI in the areas my friends work in.

It's hard to even imagine how much it could be dominating even 6 months from now. That's far too rapid for a society to adjust, compared to the manufacturing of cars and cameras.

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I'm certain this is why people like Musk and many other influential heads in the space recommend things so slow down.

As I already stated here, the AI is not to blame, it is the people; the people are in full control of this.

The timing is off. Way off. AI should have come before Covid.

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People like Musk and Wozniak are writing for it to slow down (be paused) entirely so they can catch up with their own proprietary models.

They know full well that the likes of ChatGPT being ahead means it will grow exponentially beyond second place as more people use it and level it up faster.

If the billionaires want in on it, the only way they can get ahead is by forcing their competitors to stop through legislation, giving them time to work on the tech behind the scenes

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(Edited)

At the end of the day, they're just people trying to catch up, like the rest of us, in a sense, and I'm sure we all have our reasons, while others decide what those reasons are for us from a distance. Ain't life a beautiful thing.

What people are doing wrong is jumping onboard, shifting their focus, while the future they're setting up for themselves becomes dependent on a tool that may or may not prove it itself, could change in an instant, vanish completely, and so on.

"Look at my car! Life's so easy!" said nobody, while stuck in traffic, to sit in line at a pump that may or may not have fuel that is far too expensive.

My searching has become more efficient and enjoyable since Edge released Bing Chat. I'm not visiting sites. They don't get money. Can't stay afloat. Search loses its mind, in a sense. Follow that rope all the way down the line and you'll find someone hanging.

It's a very delicate balancing act seemingly on the surface tipping way too far to one side. People do need time to adjust. Some can only see what's directly in front of them and still be blind to what's ahead.

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I wonder if it is the Great Filter playing out

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Perhaps. Explosive colonization? Certainly nowhere close, in our physical form. Our intelligence on the other hand, we can get that moving at the speed of light in all directions at once, if you think about it.

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And I just dumped my remaining Doge! AI soon will be doing the jobs of those laid off, so it's ugly if you work in tech. Lot's of unemployment is a coming.... Just in time for World War 3!

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Just in time for World War 3!

😂😂😂😂

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The dog went crazy on Twitter and while this can be seen as a joke is just not funny. I liked the bird, even if after Elon bought Twitter, it still remained caged.

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The shit is only warming up as we went up by 50 base points this month and the squeeze is on for everyone. They said 2024 would be bad so this trend is not going to ease up anytime soon and time to batten down the hatches. We have crypto so things are not that bad for all of us as the majority of people don't have that. Maybe some opportunities for those who have money picking up repo properties on the cheap.

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not that bad for all of us as the majority of people don't have that.

Maybe they don't want. Where will we empty our bags then ? 😂

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Don't underestimate the power of stupidity, greed, and fear of being left out. Once plebs will have a glimpse of what's happening with the economy, as in the case of the dollar right, they'll realize crypto could be a good option to dump their poverty on.

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Dogecoin is up a lot. It seems twitter is benefitting altcoin now !

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This world is getting ready for a huge flush of the toilet and most are blind to it. Layoffs are ridiculous people are still spending like crazy.
No lube just take it raw….🤣🤣🤣

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Layoffs are EXACTLY what the market wants to "combat inflation".
I don't make the rules.

Posted Using LeoFinance Beta

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Maybe. Still, I think inflation is just one of the many challenges we face today,, and I dont see any real solutions taking place anytime soon.

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Right, but solutions don't matter to the market.

The market is speculative.
In the short term all that matters is "don't fight the FED" and "omg FED pivot".
In the long term crypto is the solution so people like you and me win in both directions.

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I don't think tech is all that bullish right now and we probably in a period of recession. I feel that it's the laggards that are making up the space for now. As for Elon, he has always been unpredictable and it makes me wonder because of the DOGE lawsuit he is in.

Posted Using LeoFinance Beta

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Laughs McDonald's you say... Over in my town they are revamping the shops 😂😂 probably why all thr lay offs 😂nah jokes aside that is bad though... But if you are worth something you will always have a job... And those that don't well hopefully they get onboarded onto hive atleast they have some life line then 😎

!PIZZA

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But if you are worth something you will always have a

True, there's always something need doing

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Layoffs are normal, and healthy for big firms. Who needs a gender affirmation representative or gender equity or race equity responsible? These are mindless jobs, that just make the overhead cost go high. Firms need to be efficient and make money, else they would be NGOs.

Posted Using LeoFinance Beta

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I doubt all the majority of layoffs are of this kind 😂

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Sadly no, some are kept, and they first fire white male engineers for the quota, not based on competence and results.

Posted Using LeoFinance Beta

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Feeling like the best case scenario for AI is we all wind up like the people from WALL-E. Worst case scenario AI destroys us all. Both scenarios make me sad. Anyone got a 3rd possibility?

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Im usually a fan of "sexy red dildos", but yours look like they might hurt!!

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Elon is a bit of a tool. Whenever Elon needs some money he just talks about doge. It's free printy printy. I wont be part of that.

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I think you jelly cause he is an autistic that is actually successful. Unlike you 😂

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No, you're right. I just hang around with losers all day. I need to switch that up a bit :P

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buying lubricant is always a good idea :) nobody likes to be f-ed dry :)))

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AND your best buddy Trump just got arrested. An Omen?

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Hopefully it will give us more comedy gold 😂

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So yeah, let's give chatgbt internet access. Genius!

It feels good I'm not the only one in this apathy that I recently developed towards AI...

In regards to crypto, three years up and one year down. Same shit every cycle. 2022 was the year down. Have fun!

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