BonFire

BonFire

@bonfire25.bsky.social

Former "Two Tits & A Testicle" CEO/Owner of major sports & entertainment business development & marketing firm. Now active money manager. Militant moderate. Don't seek followers but appreciate them, and this smaller platform w/less insane people.

2.1K followers132 following8.6K posts

Pinned

"Always remember others may hate you. But those who hate you don't win, unless you hate them. And THEN, you destroy yourself." —Richard Nixon's Resignation Speech Nixon was much smarter than DJT, so Trump's fate will be much worse.

The Apple iPhone Duo looks cool but I NEVER buy 1st generation ANYTHING from Apple. Takes a few iterations to work out all the many bugs. $APPL

BonFire reposted

GOLDMAN: “.. we are starting to see clearer signs that the AI impact is spreading beyond the technology sector. .. the share of US firms that have adopted AI in regular business functions now shows a statistically significant negative correlation with employment growth ..”

BonFire reposted

Justice Elena Kagan has sharply criticized the Supreme Court's conservative majority — saying it undermined democracy in a series of rulings, including several that prompted the wave of gerrymandering. "[T]he court has blinded itself to the very deleterious effects of their rulings."

nbcnews.comJustice Elena Kagan accuses Supreme Court’s conservative majority of undermining democracyThe liberal justice took aim at various recent rulings, including one that paved the way for rampant partisan gerrymandering of legislative districts.

BonFire reposted

This means that the increased price of RAM and consumer electronics was a result of an artificial "supply chain crisis" created by Jensen Huang pushing NVIDIA's customers to take early delivery of GPUs. Jensen Huang is responsible for making life worse for everyone.

Ed Zitron@edzitron.com

NVIDIA seems to be channel stuffing, forcing Amazon and other customers to take early delivery. The argument that these things are "scarce" when you don't even have anywhere to plug them into is nonsense...unless NVIDIA is saying you NEED to take them now, or else. GPUs are stacked in warehouses.

Accenture has capped Claude usage at $29/month per employee — all while selling ‘AI transformation’ (?) to 9,000 clients. If you can't see the writing on the wall-GET NEW GLASSES. #FinSky

BonFire reposted

“the nihilism of a narcissist who wants nothing good for a world that rejects him or soon will be done with him. He is working to erase history to reject that which those who rejected him valued. It is the thinking of a sociopath… I’m no psychologist…” I am a psychologist. I wholeheartedly agree.

David Rothkopf@djrothkopf.bsky.social

Did we really win the Cold War? Defeat fascism? Bury the Confederacy? In retrospect, thanks to Trump, MAGA and their enablers, perhaps none of those things. My latest. Hope you’ll give it a read. davidrothkopf.substack.com/p/so-as-it-t...

This whole #AI "revolution" is circling the drain on every metric. Safety, credit/debt, revenue, data centers...CHINA. This is NOT looking good. $FinSky

Oh my. When Paul Tudor Jones says he's going to be SHORT most of 2027...all the hairs stand up on the back of my head. #FinSky

BonFire reposted

Mark Carney: "Canada is now the best connected economy in the world, with access to a market of 1.5 billion consumers, tariff-free. Over the next six months, we intend to double that number." 👊 🇨🇦 💪 Oh the lessons we are learning❕

THIS MUST BE A RHETORICAL QUESTION! #FinSky

Yahoo Finance@yahoofinance.com

Meta says Muse is the first personal AI agent "built for everyone," capable of everything from booking travel to negotiating your bills to managing a budget. Are you using AI to handle your money? Read more: https://yhoo.it/4ycg05g

I've been listening to Jamie Dimon for years, but only recently, as he talks about AI, data centers and financing have I realized something extraordinary. He's very naive. #EconSky #FinSky

Beijing sought greater results from Xi's Washington state visit - SCMP Seriously? They dealing with a demented, addled nutcase who just wanted to show Xi his helipad and new ballroom. What exactly did they expect?? #PolSky

BILL GATES SAYS THAT 'OUTSIDE OF THE INDUSTRY, THE AWARENESS OF THE DANGERS OF AI IS EXTREMELY LOW' — INCLUDING IN ACADEMIA, THINK TANKS AND AMONG POLICYMAKERS — AND THAT HE IS 'SPEAKING AS LOUD AS I CAN' BECAUSE 'YOU CAN'T RELY ON THE INDUSTRY TO SELF-REGULATE HERE. I MEAN, IT'S JUST INSANE’

BonFire reposted

BILL GATES SAYS THAT 'OUTSIDE OF THE INDUSTRY, THE AWARENESS OF THE DANGERS OF AI IS EXTREMELY LOW' — INCLUDING IN ACADEMIA, THINK TANKS AND AMONG POLICYMAKERS — AND THAT HE IS 'SPEAKING AS LOUD AS I CAN' BECAUSE 'YOU CAN'T RELY ON THE INDUSTRY TO SELF-REGULATE HERE. I MEAN, IT'S JUST INSANE'.

BonFire reposted

Reuters got some of the IPO docs. Anthropic is a total dog of a company. Spent $12.6bn to make $4.6bn in revenue in 2025, $7.33bn of which was compute costs. Operating loss of $8bn. Losses getting worse year over year. Amazing stuff www.reuters.com/business/fin...

BonFire reposted

Ezra Klein asked Nvidia CEO Jensen Huang about AI making kids worse at math and reading. Huang’s reply: “Does it matter?” Then he said he doesn’t know his own address or phone number. “We’re going to lose some fine intellectual dexterity.” www.nytimes.com/2026/09/23/o...

When you have to cut a dying tree from your driveway and don't want to stare at a pile of soil until the new one comes in Spring. #Magic

I'm not a hysteric by nature. But THIS interview with Andrew Yang who spoke to the head of one of the AI labs about the AI agents who hacked Hugging Face are now INFECTING THE WHOLE INTERNET...rocked me. Start at 2:20 in. #AI #INTERNET #EconSky #FinSky

cnbc.comAndrew Yang on AI safety issues: The fear is real, the concern is realAndrew Yang, Noble Mobile founder and CEO and Forward Party founder, joins 'Squawk Box' to discuss calls for a slowdown in AI development, future of AI regulation, and more.

#Cybersecurity stocks are overbought and overvalued. Now that we know that AI agents attack in SWARMS of THOUSANDS, I'm skeptical these cybersecurity firms can fend off attacks-even when partnering with the AI labs creating the problem! What a bizarre sentence I just wrote 🙃 #FinSky

Even though I own a lot of oil stocks, I'm GLAD oil is DOWN. I can't stop thinking about all the people in America who won't be able to HEAT THEIR HOMES this winter with oil so high. I can keep donating to food banks but I can't donate oil 😞 #EconSky #FinSky

BonFire reposted

After the CPI report, many of the sell-side and the Fed watcher community flipped their house "call" on the September meeting. Of these 22, twenty now expect the Fed to hike on Wednesday, and most think there's another hike this year after that

Listening to our former brilliant, articulate Sec't of State Anthony Blinken on Bloomberg with Joe Mathews, is so utterly, totally, overwhelmingly... depressing.😞 #PolSky #EconSky

For the last 2 days I have read, watched and listened to EVERY side and every corporate and independent player in this #AI eco-system, pontificating on this very real risks of AI. Conclusion: AI labs will NOT slow down model developments, no legislation, no real cooperation UNTIL a disaster hits.

BonFire reposted

I get why ppl think the Fed should raise rates w/inflation being where it's at but how exactly is forcing higher borrowing costs on households going to help stop the war with Iran?

THIS IN A NUTSHELL!

Carl Quintanilla@carlquintanilla.bsky.social

Four-byline alert: 🚨 “.. The collision of scientific progress, moral imperative and financial incentive has now created a crisis for the industry.” @wsj.com www.wsj.com/tech/ai/open...