
The New Worldwide Web

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Only seven years ago, there had NEVER been a SINGLE American company that had ever had a market cap worth over a trillion dollars. Thanks to the Federal Reserve throwing us $38 trillion in debt, values have inflated massively, and multi-trillion dollar companies have become almost commonplace. Of the eleven members of this club, nine of them are in America, and every single one of them is high-tech.

About once a month, I receive an epic-long treatise from a talented and intelligent chap by the name of Ed Zitron who has been focusing his attention lately on the utter unchecked lunacy of the AI industry. He shared a graphic in last night’s missive (which will take me a good two hours to read completely) that pretty much captures the fact that the entire global economy and equity markets are largely dependent on a handful of companies handing around the same giant wad of cash.

This thing simply can’t crash fast enough.
I remember in high school learning that Coca Cola’s brand was worth $1 billion. We were amazed that something you couldn’t hold in your hand could be worth that much. Oh, those were simpler times:

