The government is about to use its incredible stores of data to feed advanced AI models. It could be effective in staying ahead of China, but there are some un-discussed security issues involved. Bitcoin has gone hyper-volatile again. Why does it keep happening at night on weekends? Does it matter? Multiple States are investigating buy … Read more
I’ve spent two years warning about the massive spending on AI without a business plan to earn a return on that spending. The big tech companies that used to have pristine balance sheets are now taking on record levels of debt to fund their AI spending. In related news, Meta (Facebook) is going to sign … Read more
The US figures out that our foreign policy is subject to CCP approval and works out a deal with Australia to develop rare earth mining and refining assets. China responds by ceasing soybean purchases from the US. All of this is creating discomfort in multiple places, but how dependent do you want to be on … Read more
Lots of supply chain and trade war news this week. China renews and strengthens restrictions on export of rare earth elements and magnets. They’ve spent decades securing the upper hand in these crucial components leaving the west no choice but to invest in our own mining and refining capacity. Silver joins fellow precious metal gold … Read more
$AMD offers stock and chips to OpenAI in an effort to break $NVDA’s near-monopoly status. DKI wonders where we’re going to get the electricity supply to power all those chips. Gold crosses $4k on the way to a new all-time high. Or as we like to put it: Gold is staying stable while the dollar … Read more
Hi All, We’re making some changes to the email delivery system that we use to send the 5 Things. As a result, instead of an email, you’ll be able to read the 5 Things here on the DKI blog. Premium subscribers will have access to the full version this Sunday, one day earlier than usual. … Read more
