buc.ci is a Fediverse instance that uses the ActivityPub protocol. In other words, users at this host can communicate with people that use software like Mastodon, Pleroma, Friendica, etc. all around the world.

This server runs the snac software and there is no automatic sign-up process.

Admin email
abucci@bucci.onl
Admin account
@abucci@buc.ci

Search results for tag #grift

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[?]Niklas Pivic » 🌐
@pivic@kolektiva.social

Hack Reveals Suno AI Music Generator Scraped YouTube, Deezer, and Genius 404media.co/hack-reveals-suno-

'The AI music generation tool Suno scraped millions of songs and lyrics from YouTube Music, Deezer, and Genius, as well as from the stock music libraries Pond5, Jamendo, Freesound, the International Music Score Library Project, and podcasts via RSS feeds, according to a hacker who breached the company and shared data about Suno’s training libraries with 404 Media. The hacker was also able to access user information for hundreds of thousands of Suno’s customers, as well as Stripe payment information, they said.'

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    [?]Niklas Pivic » 🌐
    @pivic@kolektiva.social

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    [?]RaymondPierreL3 » 🌐
    @RaymondPierreL3@aus.social

    RE: mastodon.social/@thejapantimes

    Well, so much for the weight of her words — though why I expected a to stick to their words is beyond me. goes back on her words and despite (or in spite of) the ankle bracelet she has to wear for a year, she will run for the Presidency. I guess that since the world appears okay with a and in the White House it will also be Okay for some French electors to support someone who’s also demonstrably into and 24/7

    WIll the world ever learn that isn’t good for us, ever…?

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      [?]Kim Perales » 🌐
      @KimPerales@toad.social

      🚨profits off the presidency: "More . Trump reported more than 21,000 trades across eight investment accounts in 2025,🚨averaging 80 trades per day, which revealed bursts of buying and selling around important announcements by companies and his regime, per FT.
      -A Siskind
      3Uprising

      Excerpt from FT on Trump's trading.

      Alt...Excerpt from FT on Trump's trading.

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        [?]Steve Woods » 🌐
        @wood5y@mastodonapp.uk

        "None of your business!," Farage said a couple of days ago.

        Now the Financial Conduct Authority has decided it is its business too, as well as the Parliamentary Standards Commissioner.

        🐸

        independent.co.uk/news/uk/poli

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          [?]Crystal_Fish_Caves » 🌐
          @Crystal_Fish_Caves@mstdn.party

          AodeRelay boosted

          [?]Willing to cut a deal. . . » 🌐
          @vor@lgbtqia.space

          I saw an unattributed version of this. I made a different version from scratch. Using because that's what I know.

          Attribute me. I don't want anyone to think that was involved (I have a .xcf to prove it).

          gonna and this is the same , second verse. . .

          It's the Enron logo, only it says "ELON" and is red, white, and black instead of .  the RGB of the original. This is the JPG on a gray background.

          Alt...It's the Enron logo, only it says "ELON" and is red, white, and black instead of . the RGB of the original. This is the JPG on a gray background.

          It's the Enron logo, only it says "ELON" and is red, white, and black instead of .  the RGB of the original. This is the PNG, so transparent background.

          Alt...It's the Enron logo, only it says "ELON" and is red, white, and black instead of . the RGB of the original. This is the PNG, so transparent background.

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            [?]⠠⠵ avuko » 🌐
            @avuko@infosec.exchange

            Many of us are waking up every day in the exact same world:

            mind-war.com/p/singularity-of-

              [?]Ben Royce V͎O͎T͎E͎ ᶜʸⁿⁱᶜⁱˢᵐ ⁼ ᵃᶜᶜᵉᵖᵗᵃⁿᶜᵉ » 🌐
              @benroyce@mastodon.social

              gonna

              Simpleminded patsies continue to fall for their bullshit, and believe they are "independent thinkers"

              " and the turned up in . The spun it as a thaw"

              I don't believe if Russia imploded tomorrow these parasites would disappear

              But a lot of their financial backing would

              And if "independent thinkers" actually thought for once, maybe they'd finally figure out what trolls and their audiences are for

              nbcnews.com/tech/internet/cand

              chuds visit russia and post about it in glowing praise

              Alt...chuds visit russia and post about it in glowing praise

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                [?]Solarbird :flag_cascadia: » 🌐
                @moira@mastodon.murkworks.net

                RE: solarbird.net/blog/2026/06/05/

                Honestly, given [waves hands at everything], I really thought the S&P 500 would go along with this bullshit too, and while this is extremely bad - and still an attempt at a one _trillion_ dollar grift - the damage is much more limited as long as the S&P hold out.

                The could, of course, change their minds again. But one hopes not.

                And I remind everyone that the fact damage will be contained doesn't change that a full-on attempt to loot retirement accounts to the tune of _hundreds of billions of dollars_ took place here.

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                  [?]Willing to cut a deal. . . » 🌐
                  @vor@lgbtqia.space

                  RE: mstdn.social/@Npars01/11654172

                  This is one of those "embrace the power of AND" because it's that and so much more. It's the that keeps on .

                  Begin with the assumption that anything that costs so much *must* be Important. Worthy. and all the other adjectives in the box of excuses.

                  Then go on to the "It's New Technology, of course it's not good. Yet." and all the rest of the BS. Some of y'all sign up for access, but alpha is the one they force into every app on every platform they can manage.

                  It's this ubiquity that is going to make the burst so horrific.

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                    [?]Trump & Epstein: Biz partners. » 🌐
                    @MugsysRapSheet@mastodon.social

                    2 ★ 2 ↺

                    [?]Anthony » 🌐
                    @abucci@buc.ci

                    David Dayen at The American Prospect has a decent explainer article The AI Bubble Is Bigger Than You Think. It gets into the so-called "private credit" mechanisms being abused to inflate this bubble, and why they are so dangerous. This stuff used to be called "shadow banking" because private entities that are not chartered banks are essentially providing banking services to other private entities. What happens if there's a panic and the equivalent of a bank run? Who knows!
                    Silicon Valley and Wall Street are in sync: conjuring up sketchy credit deals that are pointing us toward another financial crash.
                    ...
                    “We have sealed the deal on another financial crisis—the question is size,” said one former congressional staffer.

                      3 ★ 1 ↺

                      [?]Anthony » 🌐
                      @abucci@buc.ci

                      The Verge article about CoreWeave by Elizabeth Lopatto is amazing.
                      Let’s start with some very recent history. CoreWeave is a data center company that pivoted in 2022 from crypto. (In 2021, CoreWeave made its money by… mining Ethereum.) Essentially, CoreWeave is a landlord for compute: companies pay for the use of its server racks for AI projects.
                      ...
                      CoreWeave chief executive officer Michael Intrator, a former hedge fund manager,
                      ...
                      “They have to continue to borrow to pay interest on the last loan.”
                      So,
                      - CoreWeave sits at the center of the AI bubble;
                      - it used to be a crypto company and also gets its (electric) power from a Bitcoin mining company that makes no money and has CoreWeave as its only customer
                      - it's positioned itself as a rentier;
                      - its interest payments on previous loans exceed its revenue by a significant amount, so it's paying off loans with more loans and has already defaulted once;
                      - it has essentially two customers, Microsoft and NVIDIA;
                      - it has a loan from one of the actors implicated in the 2008 financial crash (Magnetar)
                      - it's run by a finance guy, not a tech person
                      - yet it's in the position of someone who takes out a new credit card to pay the interest on the previous credit card

                      Yeah. Looks like crypto, and crypto's Ponzi scheme way of thinking, has slimed its way into the "real" economy after all.

                      Oh and welcome back, global financial crash. We missed you. And eyyy, how you doing Enron long time no see:

                      CoreWeave isn’t alone in its complex finances. Meta took on debt, using a SPV, for its own data centers. Unlike CoreWeave’s SPVs, the Meta SPV stays off its balance sheet. Elon Musk’s xAI is reportedly pursuing its own SPV deal.
                      "Complex finances" are what companies engage in when there isn't any there there (SPVs were Enron's "financial innovation" too).

                      Peter Thiel pulling his investments out of NVIDIA makes far more sense after reading this. Looks wobbly.

                      It is perhaps time to discuss the enormous stock sales from CoreWeave’s management team. Before the company even went public, its founders sold almost half a billion dollars in shares. Then, insiders sold over $1 billion more immediately after the IPO lockup ended.
                      ...
                      “It’s noteworthy that people who have a good view on that business are cashing out,” says Leevi Saari, a fellow at the AI Now Institute.
                      and of course
                      It makes a certain kind of cynical sense to view CoreWeave itself as, effectively, a special purpose vehicle for Nvidia.

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                        [?]Anthony » 🌐
                        @abucci@buc.ci

                        This scam of pretending a computer system can do much more than it actually can by hiding the labor of lots of smart people has been going on since at least the 1980s.


                          4 ★ 1 ↺
                          emenel boosted

                          [?]Anthony » 🌐
                          @abucci@buc.ci

                          As with crypto, so with AI:
                          A $1.5 billion AI company backed by Microsoft has shuttered after its ‘neural network’ was discovered to actually be hundreds of computer engineers based in India.
                          https://www.dexerto.com/entertainment/ai-company-files-for-bankruptcy-after-being-exposed-as-700-human-engineers-3208136/


                            4 ★ 5 ↺

                            [?]Anthony » 🌐
                            @abucci@buc.ci

                            DeepSeek launched a free, open-source large-language model in late December, claiming it was developed in just two months at a cost of under $6 million — a much smaller expense than the one called for by Western counterparts.

                            These developments have stoked concerns about the amount of money big tech companies have been investing in AI models and data centers, and raised alarm that the U.S. is not leading the sector as much as previously believed.

                            The "Western counterparts" are claiming training a model might take years and billions of dollars. This has always been a hyped-up grift, with snake oil salesmen and con artists being showered with money and power. It's really quite amazing how profoundly unintelligent "the market" is in practice.

                            The sad reality is that the US could lead in this field (1), if we'd stop routinely putting narcissists and con artists in charge and showering them with praise even when they fail.

                            From https://www.cnbc.com/2025/01/27/nvidia-falls-10percent-in-premarket-trading-as-chinas-deepseek-triggers-global-tech-sell-off.html

                            (1) Putting aside whether we should, which is an important question.