Quick notes: State capitalism | Fistful Of Dollars...

• Following Chinese model: A generation ago conventional wisdom held that as China liberalized, its economy would come to resemble America’s. Instead, capitalism in America is starting to look like China - 'State capitalism with American characteristics' - a sea change from the free market ethos the U.S. once embodied. . . . Trump reviving crony capitalism.



• Sounds like socialism: Trump says U.S. govt has gained 10% stake in Intel.



• Consumers paying for tariffs: Walmart says tariff costs are rising 'each week' and will continue



• India pauses plans to buy U.S. arms after Trump's tariffs: Discussions on India's purchases of Stryker combat vehicles made by General Dynamics Land Systems and Javelin anti-tank missiles developed by Raytheon and Lockheed Martin have been paused due to the tariffs.



• Fistful Of Dollars: Rice for Vietnam farmers displaced for Trump Golf Club.



• Keep solar on rooftops and on canals: How is India's largest Solar Energy project threatening Ladakh Nomads and Pashmina wool.



• The Shipping Container That Might Replace Solar Farms: 0.59 acres per MW. As opposed to Solar PV's 0.97 acres per MW.




• AI pervert: Meta AI chatbots gave false medical advice and flirted with minors — now the company is restructuring its AI division again - fourth restructuring in six months.



• Raja Koduri is back in the GPU business: Unveils new startup, Oxmiq Labs, bringing 500 Years of combined experience via world-class GPU & AI architects



• China catching up in AI: Huawei is making its Ascend AI GPU software toolkit open-source to better compete against CUDA. . . Chinese censorship bias in LLMs



• Power hungry toy: AI's soaring energy consumption is causing skyrocketing power bills for households across the US — States reporting spikes in energy costs of up to 36%



• Milk may not help the elderly: People who live in countries with the lowest rates of hip fractures also tend to drink the least milk. Drinking more milk was not associated with lower fracture risk  



• India's ethanol drive imperils its push for edible oil self-sufficiency: Depressing oilseed prices and prompting farmers to plant more corn and rice in place of soybeans and groundnuts



• Think beyond cars:

"Urbanism works when it creates a journey as desirable as the destination." pic.twitter.com/mnepPaP5cX

— 𝚃𝚊𝚛𝚊𝚜 𝙶𝚛𝚎𝚜𝚌𝚘𝚎 🚇 (@grescoe) August 30, 2022