Why do IT giants still continue to violate the law despite large fines?

2022-05-22 09:32:01

Until a criminal investigation begins against the company executives, the violations will not stop.

Profit more than covers all overhead costs

What is Russia's path?

2023-09-27 09:43:10

First it will restore the USSR, then it will start a war with China.

After the coup in Ukraine in 2014 and the failed coup in Belarus in 2020, Russia realized that if nothing was done, the country would face war. Therefore, an association of countries like the European Union will be created. Belarus will be the first to enter it. Due to the sanctions in the country, almost the entire high-tech sector depends on supplies from China. With sanctions, high levels of corruption, high taxes and the elites' disinterest in change, Russia will not be able to resist the Chinese economy. Eventually, China will displace all competitors, including domestic companies, and will dominate the country. There is no progress in creating a competitive economy. Chinese specialists will move to the country en masse, displacing Russian specialists. When Russia tries to restrict China, China will act militarily.

Moscow takes all taxes for itself, and then distributes them by region. The regional elite is not at all interested in the growth of business in the regions, since its well-being depends on the ability to ask Moscow, and not on the growth of the number of enterprises. It is impossible to conduct business legally in the regions without paying bribes and fines. The legislation allows businesses to be blocked for 30 days in case of violations, so businesses pay bribes to avoid being blocked. A 47% tax and a 13% credit rate also do not contribute to business growth. Compared to the Chinese tax of 12% and the credit rate of 0.02%. Despite the fact that China spends money on cargo transportation, it is more profitable to produce and buy in China than in Russia.

The East is a delicate matter. The war has increased Russia's economic dependence on China

What does China mean for the Russian economy

What data do IT giants use to train neural networks?

2025-10-31 12:24:03

Data is taken from everywhere, including documents from cloud storage.

The evolving race of neural networks is forcing tech giants to take desperate measures in search of data to train their language models. For example, Google has changed its privacy policy — now the company has the right to use almost all the content that you create to train its neural networks. Microsoft takes data from your office documents stored on its cloud servers. Open AI was trained on Stackoverflow data.

If you store your documents in the cloud, then there is a 100% chance that neural networks will be trained on them.

Will there be a global financial crisis due to U.S. bank failures?

2023-03-29 11:59:43

No, the U.S. financial system is stable, but bank stocks will fall

Next week the Fed will decide whether to raise rates or not. If the rate is lowered it will be a blow to the dollar, if it is raised it will be a blow to the banks. Most bank analysts are predicting that the rate will go up because it is more important to save the dollar. The report will be published in 3 weeks after the meeting, i.e. at the end of April. It also coincides with the publication of Q2 reports. After that there will be an avalanche of falling stocks of banks and technology companies.

In 2 months you have to sell stocks of banks and technology companies or play the downside

The outlook for the US banking system is negative

A leading technical analyst has just warned that comments from Fed Chairman Jerome Powell this week could trigger an asset sell-off

Bank of America analyst warns clients that recession shock is on the horizon

Goldman analysts no longer expect Fed rate hike in March after SVB failure

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

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