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Top News In Big Technology Crash Of 2022 Today - Breaking & Trending Today

The Government is Tracking You Through Your Vehicle as You Drive if You Have a Newer Vehicle Connected to the Internet

I have been warning our readers for the past few years that the Government has the ability to track you through your vehicle if you own a later-model vehicle that is connected to the Internet. But today, we now know that this is not just a theory, but that it actually has been happening, as two U.S. Senators have discovered that eight automakers will give up users' location data to police without requiring a court-issued warrant. We already knew that these car companies tracked and stored this data, as last September I published a report published by the Mozilla Foundation on every brand of car sold in the U.S. and reported: "All 25 car brands we researched earned our Privacy Not Included warning label making cars the official worst category of products for privacy that we have ever reviewed." They concluded that your car spies on you more than your cell phone and smart home devices. This announcement by the Senators follows other recent announcements that the governm ....

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JPMorgan: "ChatGPT has Driven Half the Gains in the Stock Market this Year" – Mega Financial Bubble About to Explode

I have been reporting on the Big Tech Crash since it started last year (2022). This crash picked up speed in 2022 following the collapse of the mega Cryptocurrency company FTX, which revealed a huge criminal Ponzi scheme that raked in $billions while its founder and associates reveled in their wealth with drugs, wild parties and sexual orgies. Criminal prosecutions and other civil lawsuits are still ongoing, and we may never know just how far this scandal reached, and the extent of those involved, which includes many famous professional sports figures. The Miami Heat NBA Basketball team's arena was even named after FTX, and had to recently change its name just after FTX had purchased a multi-year sponsorship of the arena. Here in 2023, however, investors have continued to pour money into Big Tech stocks, in spite of the losses they suffered in 2022 and the hundreds of thousands who have now been laid off by these companies, and I have been warning for the past 3 months that this i ....

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Will America's Addiction to Computer Technology be it's Downfall?

America is the most technology-dependent society in the world, by far. As I reported last week, the United States has the ability to spy on its citizens at a greater percentage than even China, due to the fact that a higher percentage of U.S. citizens are connected through technology and their cell phones than citizens in China, where over one third of the people in China do not even own cell phones yet. There is another way to measure America's dependency on technology besides cell phone and Internet usage, and that is by looking at how many data centers are in the U.S. that host all the server hardware that is required to keep all this technology running. In this category, the U.S. has no serious competitors. In fact, the U.S. owns more data centers than almost all other countries of the world combined, according to Statista.com. These physical computers, which are housed in physical buildings in physical locations, require tremendous resources to operate, which include energy r ....

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Venture Capital Backed Substack Latest Big Tech Company to Report Huge Financial Losses

As we watch the collapse of Big Tech and their financial institutions, popular content platform provider Substack's recent financial statements show that they too may soon be a casualty of reckless spending by Silicon Valley venture capitalists. It was reported yesterday that recent financial filings with the SEC show that Substack is burning through cash too quickly, and they have been having a hard time raising new capital. Substack has been in the news this week for another reason: a public argument between journalist Matt Taibbi, famous for publishing "The Twitter Files," and the current owner of Twitter, Elon Musk. Taibbi has stated he is leaving Twitter over alleged censorship on Twitter regarding Substack writers, something Elon Musk denies. As much as Taibbi and others are trying to frame this conflict as censorship by Twitter over Substack because they are afraid Substack is going to compete with them, the evidence seems to point to the opposite, given the fact ....

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Big Tech Fail: Not Enough Computers in the U.S. to Develop New AI Software

I recently reported how America's faith in Artificial Intelligence (AI) is about to destroy the U.S. economy, as investors are pouring $BILLIONS into developing new AI software, which is projected to be a $1.59 TRILLION industry by 2030. And news continues to be reported on just how much of a fantasy this faith in AI, and technology in general, is, as we are being setup for perhaps the largest economical bubble to burst in the history of the U.S. Today, The Information confirmed one of the reasons I gave for a possible imminent collapse of the Tech sector based on this rush into AI: there aren't enough computers in the U.S. to run all of this new, power hungry, desire for these new AI toys that do NOT produce any revenue yet. "AI Developers Stymied by Server Shortage at AWS, Microsoft, Google - Startups and other companies trying to capitalize on the artificial intelligence boom sparked by OpenAI are running into a problem: They can’t find enough specialized computers ....

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