'Slowbalization' and a newly shaky world economy are upon us

Roger McNamee highlights a troubling disconnect between the massive investments in large language model (LLM) AI and the actual revenue generated from these technologies. With around $717 billion poured into LLMs and their supporting infrastructure over three years, many investors are mistakenly optimistic, believing that all companies involved will succeed. This situation raises concerns about the sustainability of such investments and the potential for significant losses in the tech sector, making it crucial for stakeholders to reassess their expectations.

Once dismissed as nonsense, index funds have become a favorite among individual investors, transforming the landscape of stock-market investing. This shift matters because it highlights a growing trend towards simplicity and accessibility in investing, allowing more people to participate in the market without needing extensive knowledge or resources.

Trump's recent changes to visa fees for foreign workers have sparked significant backlash from the tech industry. Executives, entrepreneurs, and investors have taken to social media to express their discontent, highlighting concerns about the impact on talent acquisition and innovation. This reaction underscores the ongoing tension between immigration policy and the needs of the technology sector, which relies heavily on skilled foreign workers.

President Trump is poised to approve a deal that will ensure TikTok is primarily owned by American investors, which is a significant move for data security and user trust. This decision highlights the administration's commitment to protecting American interests in the tech space, especially concerning user data management. By keeping data in a 'trusted' U.S. cloud, it aims to alleviate concerns over privacy and foreign influence, making it a crucial development for both TikTok users and the broader tech industry.

Bet365 is offering an exciting bonus code, NYPBET, for new users looking to place bets on the 2025 Ryder Cup at Bethpage Black. With just a $5 bet, users can receive $200 in bonus bets, regardless of the outcome. This promotion not only makes it easier for newcomers to engage with the event but also enhances the overall betting experience, making it a great time for golf fans to get involved.

In a much-anticipated moment, River and Louisa from 'Slow Horses' finally shared a kiss, capturing the essence of their complicated relationship. This scene not only highlights the show's unique blend of humor and drama but also deepens the emotional stakes for the characters, making it a significant development for fans who have been rooting for them.

Ciara recently shared a heartfelt post supporting her husband, Russell Wilson, following his benching by the Giants after a tough start to the season. This moment highlights the importance of family support in challenging times, especially in the high-pressure world of the NFL. Fans appreciate seeing this personal side of athletes, reminding us that behind the game, there are real emotions and relationships.

Scott Bessent has issued a stark warning regarding the federal government's stance on potential bailouts for New York City under the leadership of Zohran Mamdani. He labeled Mamdani as a socialist protégé of Senator Elizabeth Warren, suggesting that the city should not expect any financial support from the feds. This matters because it highlights the growing tensions between local leadership and federal policies, raising concerns about the city's financial future and the implications for its residents.

Robert Irwin, the reality star, has been making headlines not just for his impressive performances on 'Dancing With the Stars' but also for his humorous take on appearing in ads while in his 'undies.' His lighthearted comments show his fun personality and charm, making him a fan favorite. This blend of humor and talent is refreshing in the entertainment world, and it highlights how Irwin continues to engage with his audience in unexpected ways.

Bloomingdale's Friends & Family sale is offering a fantastic 25% discount on celebrity-approved brands, making it a great opportunity for shoppers to snag popular home and beauty products at reduced prices. This sale is particularly exciting as it features items loved by A-list celebrities, adding a touch of glamour to everyday purchases. With only a few days left to take advantage of these savings, it's a perfect time for fans of these brands to indulge in some retail therapy.