Futurology Today

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Diamond prices are down 60% since a 2011 high, and they are still falling. It's not all down to lab-grown diamonds, demand is down too, especially in China.

No one can lab-grow gold yet, so its rarity and scarcity protect its value, but that will end too. It's just a question of when. China launched an asteroid touch-down mission this week, which will make it the 4th country/region to do so, after Europe, the US & Japan.

How soon will it be feasible to mine asteroids? Who knows, but a breakthrough in space propulsion might mean the prospect happens quickly when it does. It's possible gold has twenty years or less of being high value left.

The $80 Billion Diamond Market Crash Leaves De Beers Reeling

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The new US President has used his first 24 hours to pull all US government support for the green energy transition. He wants to ban any new wind energy projects and withdraw support for electric cars. His new energy policy refused to even mention solar panels, wind turbines, or battery storage - the world's fastest-growing energy sources. Meanwhile, he wants to pour money into dying and declining industries - like gasoline-powered cars and expanding oil drilling.

China was the global leader in 21st-century energy before, but its future global dominance is now assured. There will be trillions of dollars to be made supplying the planet with green energy infrastructure in the coming decades. Decarbonizing the planet, and electrifying the global south with renewables will be the largest industrial project in human history.

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submitted 7 months ago* (last edited 7 months ago) by Lugh to c/futurology
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Quite apart from the blatant corruption, if SpaceX's biggest problem is that its rockets keep exploding, how is an AI that you have deliberately designed to give wrong answers supposed to fix things?

Thanks to gutting NASA and science budgets, space is another area where the US will soon cede the top spot to China. They have fully developed plans for a lunar base, deep space exploration, and will likely be the next to have humans on the Moon.

BTW - to anyone who tries to argue this isn't outright corruption, via diverting and siphoning taxpayers money, I have NFTs and memecoins for a bridge in Brooklyn I'd like to interest you in.

SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports

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In the 12 months to April 2025, 6,100 Irish people emigrated to America. But the figure for Americans emigrating to Ireland was a third higher, at 9,600. The fact that this number has suddenly jumped by 96% suggests it might not be a permanent trend, but while it lasts, it might be a significant one, especially for Ireland.

3 million Americans hold an Irish passport, and 10s of millions more are eligible for one. Add to that, Italian passports are easy to obtain for Americans with Italian ancestry. An Irish or Italian passport is an EU passport, meaning you can work, start a business, and reside freely anywhere in the EU as an EU citizen. Even after Brexit, Ireland and the UK allow each other's citizens to work and reside freely in each other's countries, too.

Might the centuries-long trend of European-American emigrant traffic be about to reverse, too?

96% jump in number of people coming from the US to live in Ireland

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Rumbling away throughout 2024 was EU threats to take action against Twitter/X for abandoning fact-checking. The EU's Digital Services Act (DSA) is clear on its requirements - so that conflict will escalate. If X won't change, presumably ultimately it will be banned from the EU.

Meta have decided they'd rather keep EU market access. Today they announced the removal of fact-checking, but only for Americans. Europeans can still benefit from the higher standards the Digital Services Act guarantees.

The next 10 years will see the power of mis/disinformation accelerate with AI. Meta itself seems to be embracing this trend by purposefully integrating fake AI profiles into its networks. From now on it looks like the main battle-ground to deal with this is going to be the EU.

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