The only AI that will ACTUALLY steal your job
AI fearmongers worry about Skynet. But AI needn’t achieve General Intelligence to destroy humanity. We’re quite capable of using AI to destroy each other first.
The Daily Reckoning Australia
Dark Factories
An hour of a robot’s time — even with a coffee break — should be about as expensive in the US as it is in Vietnam. What matters now is capital, not labor. It takes massive investment to develop.
Why Gold is Going Up
It looks like the administration is doing everything it can — including whimsical tariff threats — to make the value of the US dollar and US bonds go down.
Australia is in geoeconomic no-man’s-land
Our economic ties are to China. But our national security ties are to the West. As the two diverge, it’s not clear where we stand. Is it time to choose?
One Scammer After Another
Major cycles — from boom to bubble to bust…from consensual democracy to Big Man rule…from a dynamic, growing empire to a fearful degenerate one — are well underway
Rivers of Money
The S&P and the Dow are hitting new highs…with the S&P recording 32 new highs so far in 2025. The S&P has seen earnings grow 156% over the last decade. But stock prices have gone up 248%.
