Post #1782161
2026-04-28 15:17 UTC
https://apnews.com/article/stock-markets-trump-oil-iran-war-1901470c64a6055c80656fad64f863e5
As #oil stocks rise, #AI stocks sink.
All of Modernity is still soaked in oil, an ancient kind of #energy.
All of Universe is but conserved energy in various guises.
All of Life is mere squabble over means of energy conversion.
Replies (2)
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@djl@mastodon.mit.edu 2026-04-29 12:30
@AmenZwa@mathstodon.xyz LLM based AI is bogus. (Since it has no theory of (and thus no mechanism for) how to verify it's randomly generated text output.) And the US is self-sufficient in oil and gas, so the oil and gas companies are selling oil that costs them exactly the same as it did before the Iran war at Iran war prices, so of course their stocks are going up. So there's nothing odd happening here at all.
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@lispi314@udongein.xyz 2026-04-30 01:28
@AmenZwa@mathstodon.xyz I wonder why oil's stocks would go up when it's already too late because political will to divest has now been injected.