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Join Date: Feb 2026
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Last edited by jeremygr; 04-19-2026 at 05:18 AM.. |
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 58,280
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Interesting (OK, terrifying) stuff
https://www.bbc.com/news/articles/cpqeng9d20go short excerpt (the first few ¶) Quote:
short excerpt (the first few ¶) Quote:
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 34,400
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AI has no morals or sense of good vs evil. It will do anything to accomplish a goal.
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‘07 Mazda RX8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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Parrothead member
Join Date: Jul 2003
Location: Monmouth county, NJ USA
Posts: 13,984
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Vinny Red '86 944, 05 Ford Super Duty Dually '02 Ram 3500 Diesel 4x4 Dually, '07Jeep Wrangler '62 Mercury Meteor '90 Harley 1200 XL "Live your Life in such a way that the Westboro Baptist Church will want to picket your funeral." |
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Registered
Join Date: Oct 2003
Location: Mount Pleasant, South Carolina
Posts: 15,528
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Is that a second shifter she’s wailing on? 😂
AI is getting better, but it’s not there yet.
Last edited by A930Rocket; 04-10-2026 at 06:06 PM.. |
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Vulnerari Praesidio
Join Date: Dec 2013
Posts: 5,569
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Anthropic is one of the leaders in AI development. They published a great write up on their website last week. The first few paragraphs:
When AI builds itself Our progress toward recursive self-improvement, and its implications. For most of AI’s history, humans drove every step in its development cycle. But at Anthropic, we are delegating a growing share of AI development to AI systems themselves, which is speeding up our work. Taken far enough, and given enough compute, that trend points to an AI system capable of fully autonomously designing and developing its own successor. This is called recursive self-improvement. We are not there yet, and recursive self-improvement is not inevitable. But it could come sooner than most institutions are prepared for. Using public benchmarks and previously unreported data from within Anthropic, The Anthropic Institute is showing that AI is already accelerating the development of AI systems. To take just one example: today, Anthropic engineers on average ship 8x as much code per quarter as they did from 2021-2025. The technical trends discussed in this piece suggest that AI systems are going to become much more capable in coming years. These trends have huge implications. AI that can build itself would be a major development in the history of technology—one that could bring enormous good for the world in science, healthcare, and beyond. But full recursive self-improvement also might increase the risks of humans losing control over AI systems. If systems are capable of fully building their own successors, the ways we secure them, monitor them, and shape their behavior all grow much more important. https://www.anthropic.com/institute/recursive-self-improvement
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"Wisdom is knowing what to do next; virtue is doing it." - David Starr Jordan Last edited by Roswell; 06-05-2026 at 06:24 AM.. |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 45,841
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Notihng to worry about. Yesterday.
Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund Fund caps client redemptions at 5%, an about-face from firm’s decision to pay out all requests earlier this year
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Tru6 Restoration & Design |
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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 38,942
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Is there any point in posting links to a paywall? Stop wasting my time.
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Comment below and don't forget to like and subscribe. |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 45,841
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Here you go Milt.
By Matt Wirz Updated June 4, 2026 8:37 am ET Investors are trying to pull more money from the biggest private-credit fund in the world. Investors in Blackstone’s flagship private-credit fund, known as Bcred, asked to redeem 10% of their shares in the second quarter, up from about 8% in the first quarter. Blackstone will limit redemptions from the $79 billion fund to 5%, a reversal from its strategy in March when it opted to pay the full amount requested. The about face highlights rising financial strain on managers of large private-credit funds marketed to individual investors who continue to ask for their money back. Redemption announcements have been knocking down share prices of Blackstone BX -4.03%decrease; red down pointing triangle and its competitors who manage large private-credit funds. Stocks of investment firms tumbled earlier this week after Partners Group disclosed withdrawal requests for about 10% from one of its private-equity funds. Analysts expect their share prices to remain under pressure until the pace of redemptions abates. Shares of Blackstone rose about 2% in premarket trading Thursday, and the firm said the redemption requests slowed in the second half of the quarter. “BCRED remains well capitalized, and repayments [from loans] and inflows have outpaced shares repurchased,” the firm said Thursday. Redemptions across the industry soared in the first quarter, when firms like BlackRock, Blue Owl, and Ares were forced to impose limits on how much was taken out. The amount of withdrawal requests have ranged from around 10% to the 22% that Blue Owl faced in the first quarter for its then-$36 billion flagship fund. Blackstone’s withdrawals were being closely watched as an early second-quarter gauge on whether investors continued to race for the exits. Cliffwater said earlier this week that investors requested to redeem 17% of the shares in its $31 billion fund in the second quarter. Blue Owl and most other managers will report their second-quarter redemptions over the next month. Wealthy individuals piled into private-credit funds—known as business-development companies, or BDCs—which invest in high-interest loans to midsize companies and distribute most of the income they collect to shareholders via dividends. The boom ended this year when investors turned bearish over increasing loan defaults and the potential for future losses from lending to software companies The Blackstone fund is the largest of the bunch, surging to a high of $82 billion at the end of 2025, but it is now shrinking, cutting into the fees the firm can collect. The 5% redemption in the second quarter will amount to about $2.2 billion based on the fund’s net asset value. The fund received about $1 billion of inflows in the second quarter. Most private-credit funds marketed to individuals in recent years, including Bcred, have built-in redemption limits of 5% to avoid forced liquidations of the hard-to-trade loans they own. Competitors like Apollo Global Management, Ares Management and BlackRock stuck with the 5% cap. Blackstone opted for a bigger payout in the first quarter to reassure clients, a strategy Blue Owl and Cliffwater also adopted. All three firms have now reverted to the 5% cap after investor requests were high again.
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Tru6 Restoration & Design |
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Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 49,382
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Rod Serling foresaw the problems...
https://tubitv.com/tv-shows/200261714/s05-e20-from-agnes-with-love
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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Registered
Join Date: Apr 2008
Location: Houston TX
Posts: 8,761
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Quote:
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Mike Bradshaw 1980 911SC sunroof coupe, silver/black Putting the sick back into sycophant! |
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 58,280
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Interesting, and entertaining.
On a note related to one of the comments in the video above. There's a group at work that has been mandated to have an agent on their desktop. I have been told by someone in that group that I work with fairly regularly, that they have emails get deleted by the agent, they will save documents that get deleted or don't get saved, and have had other things occur that cause them to have to perform work more than once because they lose their work. It can, at times, speed some things up, but it seems to come with a trade-off that it sometimes slows things down.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
Last edited by masraum; 06-09-2026 at 05:24 PM.. |
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You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 41,273
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Many home users aren't going to pony up the big bux..unless the costs are baked into company billing via monopolies.
-I've seen some incredible music and home movies produced which would be impossible without a major studio budget. Goodbye Hollywood. -And photo restoration expands into recreating entire moving 3D environments while 'bringing people back to life', perhaps in an interactive way. -Traffic accident recreation perhaps. -Architecture without the architect. Law without the lawyer. Medicine without the thousands employed when local robots can do surgery. -Travel distant cities using photogrammetry and every geo-location photo available. Virtual goggles. Walk. Drive. Fly around like superman. -Thousands of other uses. But it's still a solution waiting for a problem. Right now humans are in the way. And energy costs will only get worse until entire grids are swallowed up and the locals can't keep the heat on.. https://arstechnica.com/ai/2026/06/leaked-financial-docs-show-openai-is-losing-billions-of-dollars-a-year/ All told, OpenAI’s day-to-day “loss from operations” increased from $8.78 billion in 2024 to $20.92 billion in 2025, a concerning direction for a company that is telling investors it hopes to be profitable by 2030. But measured as a percentage of revenues, the company’s operating losses slightly improved year to year, from 237 percent in 2024 to 160 percent in 2025.
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Meanwhile other things are still happening. Last edited by john70t; 06-17-2026 at 09:34 AM.. |
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Vulnerari Praesidio
Join Date: Dec 2013
Posts: 5,569
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OpenAi is just one example. Look at Anthropic:
The Revenue Story That Keeps Compounding Anthropic's annualized revenue run rate has reached $14 billion, according to the company's own announcement. The company says this figure has grown more than 10x annually for the past three years. That kind of growth from a company earning the bulk of its revenue from business customers, not consumer subscriptions, is unusual. The enterprise numbers tell a more specific story. Over 500 customers now spend at least $1 million per year on Claude, up from a dozen just two years ago. Customers spending more than $100,000 annually have grown sevenfold in the past 12 months. And eight of the Fortune 10 are now Claude customers. Axios noted that 1 in 5 businesses using Ramp now pay for Anthropic, up from 1 in 25 a year ago, and about 79% of OpenAI's paying users also pay for Anthropic, suggesting the market isn't zero-sum. https://www.forbes.com/sites/jonmarkman/2026/02/13/anthropic-the-380-billion-powerhouse-hiding-in-plain-sight/
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"Wisdom is knowing what to do next; virtue is doing it." - David Starr Jordan |
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Vulnerari Praesidio
Join Date: Dec 2013
Posts: 5,569
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Anthropic's Mythos AI Cracked 'Almost All' US Classified Systems in Hours, NSA Chief Reportedly Said
NSA warns of Anthropic's AI model breaching US classified systems, prompting global security concerns Bernadette B. TixonPublished 21 June 2026, 7:57 PM BST Anthropic’s Mythos model allegedly penetrated nearly all classified networks ‘not in weeks, but in hours,’ according to Warner’s account of a direct briefing from NSA and Cyber Command leadership. Anthropic's most powerful artificial intelligence model reportedly breached 'almost all' US classified systems in a matter of hours, according to Senator Mark Warner, who says the head of the National Security Agency told him directly that the model had penetrated nearly every classified system it was tested against. The claim has not been publicly confirmed by any government agency. Senator Mark Warner, vice-chair of the Senate Intelligence Committee, said on 11 June that General Joshua Rudd, who leads both the NSA and the Pentagon's Cyber Command, told him directly that Anthropic's Mythos model 'broke into almost all of our classified systems, not in weeks, but in hours.' The extent of the alleged breach and which specific systems were affected have not been publicly disclosed. Anthropic did not respond to a request for comment. https://www.ibtimes.co.uk/anthropic-ai-breach-us-classified-systems-1804084
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"Wisdom is knowing what to do next; virtue is doing it." - David Starr Jordan |
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Posts: 7,467
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This is crazy if true….only a matter of time until all crypto wallets are compromised.
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1957 Speedster, 1965 356SC, 1965 356SC Outlaw, 1972 911T, 1998 993 C2S, 2018 Targa 4 GTS, 2014 Cayenne S, 2016 Boxster Spyder, 2025 Ranger Raptor |
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Vulnerari Praesidio
Join Date: Dec 2013
Posts: 5,569
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^ I use Claude (Anthropic's AI) daily for data evaluation/analysis. It is hard to believe how advanced it has gotten since the first of the year. Reminds me of the BTO song 'you ain't seen nothin yet'.
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"Wisdom is knowing what to do next; virtue is doing it." - David Starr Jordan |
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Brent The X15 was the only aircraft I flew where I was glad the engine quit. - Milt Thompson. "Don't get so caught up in your right to dissent that you forget your obligation to contribute." Mrs. James to her son Chappie. |
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