Steve Clark
@stevefromearth.bsky.social
Late-50s gym rat, wannabe hedge fund manager, longtime product manager. Making websites since Oct 1994. Interested in numbers, nutrition, health, sustainability, industrial design and living on earth. Promoters of crypto will be ignored or blocked.
I hope all my fellow AI haters are watching Plur!bus
November 24, 2025 at 2:58 AM
I hope all my fellow AI haters are watching Plur!bus
More circular investment. Sell stake in GPU maker to invest in company (non-profit, actually) so it can buy more GPUs from GPU maker.
There is no new revenue entering this space.@edzitron.com
There is no new revenue entering this space.@edzitron.com
November 11, 2025 at 6:40 PM
More circular investment. Sell stake in GPU maker to invest in company (non-profit, actually) so it can buy more GPUs from GPU maker.
There is no new revenue entering this space.@edzitron.com
There is no new revenue entering this space.@edzitron.com
The more we use ChatGPT and Claude the faster we bankrupt OpenAI and Anthropic, respectively. They lose money on every transaction, including from their paying customers. Every day each of us should be submitting dozens of stupid and senseless prompts. Let's burn out the machine and bleed them dry.
A friend recently texted me the same thing. “Do you really not use ChatGPT?!” It was a sign of where we are culturally on this. People are compelled to use it but also starting to question the normalcy?
Recently met someone who was very surprised to hear I didn’t use ChatGPT or any LLM.
I said my job depended on doing distinctive work. That was my selling point. If I started to sound like ChatGPT and turn out what it did, then how on earth could I justify doing it? What would that make me?
I said my job depended on doing distinctive work. That was my selling point. If I started to sound like ChatGPT and turn out what it did, then how on earth could I justify doing it? What would that make me?
November 8, 2025 at 1:41 PM
The more we use ChatGPT and Claude the faster we bankrupt OpenAI and Anthropic, respectively. They lose money on every transaction, including from their paying customers. Every day each of us should be submitting dozens of stupid and senseless prompts. Let's burn out the machine and bleed them dry.
As of Nov 4 the U.S. Treasury is running a surplus of $48,760,000,000 for FY26, which started Oct 1.
$14.6B surplus on Nov 4
$13.3B surplus since Nov 1
To summarize, nearly 49 billion American dollars have been removed from the economy.
This is why layoffs spiked.
$14.6B surplus on Nov 4
$13.3B surplus since Nov 1
To summarize, nearly 49 billion American dollars have been removed from the economy.
This is why layoffs spiked.
November 6, 2025 at 4:18 PM
As of Nov 4 the U.S. Treasury is running a surplus of $48,760,000,000 for FY26, which started Oct 1.
$14.6B surplus on Nov 4
$13.3B surplus since Nov 1
To summarize, nearly 49 billion American dollars have been removed from the economy.
This is why layoffs spiked.
$14.6B surplus on Nov 4
$13.3B surplus since Nov 1
To summarize, nearly 49 billion American dollars have been removed from the economy.
This is why layoffs spiked.
As a lifelong baseball fan, AI from Google Cloud has zero impact on how I watch the game. I’d rather see another insurance commercial than Google telling me about bat taps.
October 21, 2025 at 12:29 AM
As a lifelong baseball fan, AI from Google Cloud has zero impact on how I watch the game. I’d rather see another insurance commercial than Google telling me about bat taps.
To provide services their costs to one vendor equals all their revenue. They have other vendors. Being generous let's assume the true cost of these services is 3x revenue. They would need to charge 6x to have industry-level ROI.
Today's $20 service would be $120
Today's $200 service would be $1,200
Today's $20 service would be $120
Today's $200 service would be $1,200
Exclusive: Anthropic spent $2.66 billion on Amazon Web Services in the first three quarters of 2025, around 100% of their estimated revenue. Its costs appear to increase with their revenue, showing little path to profitability.
www.wheresyoured.at/costs/
www.wheresyoured.at/costs/
This Is How Much Anthropic and Cursor Spend On Amazon Web Services
So, I originally planned for this to be on my premium newsletter, but decided it was better to publish on my free one so that you could all enjoy it. If you liked it, please consider subscribing to su...
www.wheresyoured.at
October 20, 2025 at 4:45 PM
To provide services their costs to one vendor equals all their revenue. They have other vendors. Being generous let's assume the true cost of these services is 3x revenue. They would need to charge 6x to have industry-level ROI.
Today's $20 service would be $120
Today's $200 service would be $1,200
Today's $20 service would be $120
Today's $200 service would be $1,200
JOIN THE CONVERSATION: A wave of circular deals involving OpenAI and Nvidia are sparking fears that the AI boom is being artificially propped up. Bloomberg journalists answer your questions in a Live Q&A starting at 1 p.m. EDT.
Stream here: bloom.bg/4ojj5vs
Stream here: bloom.bg/4ojj5vs
Live Q&A: Why Fears of a Trillion-Dollar AI Bubble Are Growing
A wave of circular deals involving OpenAI and Nvidia are sparking fears of an AI bubble. Bloomberg journalists answer your questions in a Live Q&A on Thursday, Oct. 16 at 1 p.m. EDT
bloom.bg
October 16, 2025 at 3:02 PM
100% this
Meanwhile, OpenAI has made Fidji Simo their CEO of Applications, and reports say that she now is responsible for making ChatGPT profitable. She's being set up as an Elizabeth Holmes figure, and we have to make sure Sam Altman actually takes the blame.
www.wheresyoured.at/the-ai-bubbl...
www.wheresyoured.at/the-ai-bubbl...
October 11, 2025 at 5:23 AM
100% this
The GenAI economy explained ...
October 10, 2025 at 4:59 PM
The GenAI economy explained ...
There's not a single quantifiable fact in this article. It's a puff piece advitorial written to promote a well-funded industry that is actively diverting nearly $1 trillion in real resources with the goal of mass unemployment and environmental catastrophe.
www.theguardian.com/business-bri...
www.theguardian.com/business-bri...
Measuring AI’s true business value: Beyond the ROI paradox
Measuring AI’s true business value: Beyond the ROI paradox
www.theguardian.com
October 10, 2025 at 1:01 PM
There's not a single quantifiable fact in this article. It's a puff piece advitorial written to promote a well-funded industry that is actively diverting nearly $1 trillion in real resources with the goal of mass unemployment and environmental catastrophe.
www.theguardian.com/business-bri...
www.theguardian.com/business-bri...
For the past three years we've been told to bet our careers on AI:
* Grok lays off 500
* Meta's AI thing has 4 reorgs in 6 months
* OpenAI's revenue downgraded
* Microsoft MOU kills OpenAI
* Oracle's datacenter deal impossible for both Oracle & OpenAI
* Benioff publicly lowers expectations on agents
* Grok lays off 500
* Meta's AI thing has 4 reorgs in 6 months
* OpenAI's revenue downgraded
* Microsoft MOU kills OpenAI
* Oracle's datacenter deal impossible for both Oracle & OpenAI
* Benioff publicly lowers expectations on agents
September 14, 2025 at 4:49 PM
For the past three years we've been told to bet our careers on AI:
* Grok lays off 500
* Meta's AI thing has 4 reorgs in 6 months
* OpenAI's revenue downgraded
* Microsoft MOU kills OpenAI
* Oracle's datacenter deal impossible for both Oracle & OpenAI
* Benioff publicly lowers expectations on agents
* Grok lays off 500
* Meta's AI thing has 4 reorgs in 6 months
* OpenAI's revenue downgraded
* Microsoft MOU kills OpenAI
* Oracle's datacenter deal impossible for both Oracle & OpenAI
* Benioff publicly lowers expectations on agents
They’re going to build out 1000x more capacity than they will ever need. A decade from now these will be ghost towns.
There is no demand for this much compute capacity
There is no demand for this much compute capacity
A controversial $165 billion data center campus in New Mexico revealed numbers about its water consumption publicly for the first time. Filling up the four data centers would use 10 million gallons of water, and the ongoing consumption would be 7.2 million gallons every year.
How much water will the $165 billion data center near El Paso use? Developers unveil figures ahead of Doña Ana commissioners vote
A public meeting in Sunland Park this week was standing-room only as community members expressed concerns about the massive project, especially its planned water usage.
elpasomatters.org
September 12, 2025 at 10:19 PM
They’re going to build out 1000x more capacity than they will ever need. A decade from now these will be ghost towns.
There is no demand for this much compute capacity
There is no demand for this much compute capacity
$ORCL peaked and is now falling. It's down 15% from its all time high 48 hours ago. It will never realize the $300 billion from its OpenAI deal.
September 12, 2025 at 5:37 PM
$ORCL peaked and is now falling. It's down 15% from its all time high 48 hours ago. It will never realize the $300 billion from its OpenAI deal.
AI is gonna take your job …
China launches its first humanoid robot soccer league in Beijing.
This is way more entertaining than regular soccer.
The AI-controlled robots were supplied by Booster Robotics for the tournament and have the skills of 5 to 6 year old children.
This is way more entertaining than regular soccer.
The AI-controlled robots were supplied by Booster Robotics for the tournament and have the skills of 5 to 6 year old children.
August 21, 2025 at 8:06 PM
AI is gonna take your job …
Lots of guys named Brice or Bryce these days. Not too many guys named Bruce. No disrespect to all the Brices and Bruces out there.
August 10, 2025 at 1:13 AM
Lots of guys named Brice or Bryce these days. Not too many guys named Bruce. No disrespect to all the Brices and Bruces out there.
$108 billion has been removed from the private sector economy since May.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
August 9, 2025 at 4:03 AM
$108 billion has been removed from the private sector economy since May.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Unpopular, perhaps:
Basketball needs to normalize fighting just as hockey did in the 70s.
Basketball needs to normalize fighting just as hockey did in the 70s.
August 4, 2025 at 11:45 PM
Unpopular, perhaps:
Basketball needs to normalize fighting just as hockey did in the 70s.
Basketball needs to normalize fighting just as hockey did in the 70s.
If I were managing a baseball team I would call the suicide squeeze at every opportunity.
July 29, 2025 at 4:17 AM
If I were managing a baseball team I would call the suicide squeeze at every opportunity.
By weird coincidence I found myself at the location of two significant assassinations within 24 hours. Saturday morning at Dealey Plaza and Sunday morning at The Dakota
June 2, 2025 at 2:42 AM
By weird coincidence I found myself at the location of two significant assassinations within 24 hours. Saturday morning at Dealey Plaza and Sunday morning at The Dakota
I am convinced that the entire AI thing is another ruse for collecting more information about all of us.
May 23, 2025 at 12:49 PM
I am convinced that the entire AI thing is another ruse for collecting more information about all of us.
Apparently Moodys doesn’t understand the concept of a currency issuing government
The US was downgraded by Moody’s Ratings on an increase in government debt, a landmark move that casts doubt on the nation’s status as the world’s highest-quality sovereign borrower.
US Credit Rating Cut by Moody’s on Government Debt Increase
The US was downgraded by Moody’s Ratings on an increase in government debt, a landmark move that casts doubt on the nation’s status as the world’s highest-quality sovereign borrower.
bloom.bg
May 16, 2025 at 9:32 PM
Apparently Moodys doesn’t understand the concept of a currency issuing government
Reposted by Steve Clark
Happy Tax Day 2025. Reminding you all once again that federal taxes do not fund federal spending.
April 15, 2025 at 2:19 PM
Happy Tax Day 2025. Reminding you all once again that federal taxes do not fund federal spending.