ECONOMY

Links 7/25/2024 | naked capitalism


Kansas biologists find ‘super rare’ threatened species in the mouth of a hungry toad KSNT (RK).

11 Extraordinary Sharks That Live in Deep Sea Waters ZME Science

How private equity tangled banks in a web of debt FT. Commentary: Private Equity Puts Debt Everywhere Matt Levine, Bloomberg.

Private Equity Gets Creative to Buy Time for More Gains. Clients Say Pay Me Now Bloomberg

Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that Fortune

Climate

High Wet Bulb Globe Temperature Danger Arctic News

What It Feels Like When You Have Heatstroke Outside

Trees reveal climate surprise: Microbes living in bark remove methane from the atmosphere Phys.org

Syndemics

2024 Paris Olympics hit by early COVID cases, but organizers don’t seem worried by risk of major outbreak CBS. Commentary:

More commentary:

Aussie swimming team suffer NIGHTMARE start to Olympic Games as Emma McKeon and Shayna Jack are crammed onto buses into Paris in ‘chaotic’ scenes Daily Mail. “No aircon or windows down.”

China?

China aims to step up Russian energy cooperation despite US sanctions calls South China Morning Post

Sold A False Dream: Inside China’s Derelict Housing Developments China Spotlight

Why Is Bangladesh On The Boil? Free Press Journal

Commentary: Bangladeshi students revolt, but wider movement against the government looks unlikely Channel News Asia

Myanmar

Myanmar Is Running Out of Gas. What Happens Next? The Diplomat

Mourning James C. Scott, a Sterling anarchist and friend of Myanmar Frontier Myanmar

Espionage and Sabotage: The Truth About the Ninja Nippon.com

The Great Game

U.S. military representative will serve as an advisor in Armenia’s Ministry of Defense JAM News

Syraqistan

Highlights: Netanyahu addresses Congress (video) Politico. Commentary:

Total: 58.

Netanyahu urges unity, but stirs a firestorm inside and outside Capitol The Hill. Commentary:

More Commentary:

Watergate Hotel sanitized after maggots released to protest Netanyahu stay The Hill. Commentary:\


* * *

How Israel is shrinking Gaza’s ‘safe zones’ Al Jazeera

‘Soldiers! Soldiers! Soldiers!’ The Floutist

Gaza as a Blurred, Empty World in an Israeli Reservist’s Paintings Haaretz

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An Untold History of Joe Biden’s Support for Israel Branko Marcetic, In These Times

New Not-So-Cold War

War in Ukraine: ‘Russia is advancing, but it’s a matter of infantry advancement, not a war of movement’ Le Monde

Ukraine War Map Shows Two Battalions at Risk of Encirclement: ‘Alarming’ Newsweek

SITREP 7/24/24: General Syrsky Shocks With News of Russian Armor and Troop Surges Simplicius the Thinker

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Fitch downgrades Ukraine’s rating to ‘C’ Anadolu Agency

EU discusses indefinite freezing of Russian assets to secure G7 loan for Ukraine Ukrainska Pravda

Ukrainians strip out Tesla batteries to keep the lights on FT

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War in Ukraine: Can China use its clout to play peacemaker? Deutsche Welle

Winds of Change: Ukrainian Politics Reacts to the US Electoral Drama The Wilson Center

What one Moscow square says about Russia’s worsening relations with West BBC

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Rheinmetall officially receives order from Ukraine to build ammunition factory Ukrainska Pravda

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NATO Grapples With a New Long Game Against Putin Foreign Policy

The NATO Declaration and the Deadly Strategy of Neoconservatism Jeffrey Sachs, Common Dreams

Biden Administration

FAA Launches Audit of Southwest Airlines After Close Calls WSJ

2024

Joe Biden says he is ‘passing the torch’ to save US democracy FT

Biden sidesteps hard truths in first speech since quitting race BBC

The Wreckage Biden Leaves Patrick Lawrence, Consortium News

Our Famously Free Press

When mainstream media swallows consultancy garbage Terry’s Substack

Digital Watch

CrowdStrike fiasco highlights growing Sino-Russian tech independence The Register

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AI models collapse when trained on recursively generated data Nature. From the Abstract: “We find that indiscriminate use of model-generated content in training causes irreversible defects in the resulting models, in which tails of the original content distribution disappear. We refer to this effect as ‘model collapse’ and show that it can occur in LLMs as well as in variational autoencoders (VAEs) and Gaussian mixture models (GMMs). We build theoretical intuition behind the phenomenon and portray its ubiquity among all learned generative models. We demonstrate that it must be taken seriously if we are to sustain the benefits of training from large-scale data scraped from the web.” Autocoprophagy, as I have said since the beginning of the AI bubble.

OpenAI training and inference costs could reach $7bn for 2024, AI startup set to lose $5bn – report Data Center Dynamics

VCs are still pouring billions into generative AI startups Tech Crunch

Boeing

Boeing Gets Flurry of Orders at International Airshow WSJ

Boeing not yet facing clear skies in China even as deliveries resume, executive visits South China Morning Post

US files details of Boeing’s plea deal related to plane crashes. It’s in the hands of a judge now AP

The Final Frontier

Mercury has a layer of diamond 10 miles thick, NASA spacecraft finds Space.com

Supply Chain

Two Swiss lawyers take aim at flags of convenience in new book Splash 247

Groves of Academe

What’s a University Worth? (excerpt) Doomberg

Imperial Collapse Watch

Loss of empire, loss of lucidity Pearls and Irritations

Fa-Fa-Fa-Fa-Fashion

Amazon’s foray into ultra-fast fashion will be a seismic shift in e-commerce Fashion United

Class Warfare

Americans are falling behind on their car payments FOX

39% of Americans worry they can’t pay the bills CNN

The era of privatisation is nearly over. But cleaning up the mess left behind will take years Guardian

At The Money: Behavior Beats Intelligence (transcript) The Big Picture

US markets suffer worst day since 2022 as Tesla and AI stocks fall FT

Antidote du jour (Biscutella):

See yesterday’s Links and Antidote du Jour here.

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