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bubmag

‘We’re rooned’: Data centres mark the death of capitalism, return to feudalism Feudalism

‘We’re rooned’: Data centres mark the death of capitalism, return to feudalism

Plus, the hypocrisy of South Australian politicians trying to restrict abortion access. A data centre construction site in Sydney (Image: AAP/Mick Tsikas) On calls for a data centre moratorium Michael V writes: The irony in all of this is that if you asked AI to formulate a scenario that didn’t…
bubmag
June 11, 2026
Tim Draper Says Quantum Will Crack Banks Before Bitcoin Blockchain

Tim Draper Says Quantum Will Crack Banks Before Bitcoin

Tim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing’s threat to modern cryptography. Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks.…
bubmag
June 11, 2026
‘A human being cannot exist nowhere’: Judge blocks eviction of Montreal encampment Homeless

‘A human being cannot exist nowhere’: Judge blocks eviction of Montreal encampment

The Quebec Superior Court has prevented the City of Montreal from dismantling a homeless encampment under an overpass, saying officials failed to provide a suitable alternative for the unhoused residents. The ruling forces the city to respect a bylaw it adopted earlier this year on homelessness, which says moving an encampment is…
bubmag
June 11, 2026
US launches new strikes after Trump threatens to attack Iran ‘very hard’, World News Peace

US launches new strikes after Trump threatens to attack Iran ‘very hard’, World News

WASHINGTON/DUBAI - The United States began a fresh round of strikes against multiple targets overnight in Iran, the US military said on Wednesday (June 10), as President Donald Trump vowed even more attacks if no peace deal is secured. "The strikes are in response to Iran's unwarranted and continued aggression,"…
bubmag
June 11, 2026
Palantir’s Karp says Sanders will regret only asking for 50% of AI companies. Full nationalization is coming. Palantir

Palantir’s Karp says Sanders will regret only asking for 50% of AI companies. Full nationalization is coming.

TL;DR Palantir’s Karp predicts full AI nationalization in two years. He says Sanders’ 50% proposal will look moderate. Trump, Sanders, and Karp agree the shift is coming. Palantir CEO Alex Karp says full nationalization of AI companies is coming, and that Senator Bernie Sanders’ proposal for 50% public ownership will…
bubmag
June 11, 2026