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#cop29

2 posts2 participants0 posts today

Just a reminder. The mere *announcement* of a Chinese bullshit generator (#AI) was enough to convince investors to withdraw $1T from NASDAQ index stocks.

That is 3 years of full funding of the entire paris climate accord (post #COP29 tripling of the goal). Or about 100 years of Biden's maximal pledge.

Invested in a speculation about US AI dominance tentative enough to be shaken by a single news event.

#paris #climate #ai

theguardian.com/business/2025/

The Guardian · ‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotBy Dan Milmo