0x815

joined 4 months ago
 

cross-posted from: https://feddit.org/post/4768962

Ahead of Chinese President Xi Jinping’s Brazil visit on November 20, Brasilia has junked China’s Belt and Road Initiative (BRI), becoming the second BRICS country after India to reject Beijing’s multi-billion dollar venture.

Earlier in December 2023, Italy, the only G7 country to have signed for BRI, also withdrew from China’s vast infrastructure initiative.

This move by Brazil—an influential player in the BRICS bloc—signals rising concerns about the long-term implications of China’s expanding global footprint through the BRI.

Prioritizing Strategic Autonomy

Under President Lula da Silva’s leadership, Brazil seeks to strengthen its ties with China while avoiding the formal commitments associated with joining the BRI.

Brazilian officials are actively pursuing Chinese investments without formal accession to the BRI, reflecting the country’s desire to maintain strategic autonomy while exploring various infrastructure and trade projects with China.

In an interview with the Brazilian newspaper O Globo, Celso Amorim, Brazil’s special presidential adviser for international affairs [...] clarified that Brazil does not view Chinese trade and infrastructure projects as “an insurance policy,” stating, “We are not entering into a treaty.”

[...]

 

cross-posted from: https://feddit.org/post/4768962

Ahead of Chinese President Xi Jinping’s Brazil visit on November 20, Brasilia has junked China’s Belt and Road Initiative (BRI), becoming the second BRICS country after India to reject Beijing’s multi-billion dollar venture.

Earlier in December 2023, Italy, the only G7 country to have signed for BRI, also withdrew from China’s vast infrastructure initiative.

This move by Brazil—an influential player in the BRICS bloc—signals rising concerns about the long-term implications of China’s expanding global footprint through the BRI.

Prioritizing Strategic Autonomy

Under President Lula da Silva’s leadership, Brazil seeks to strengthen its ties with China while avoiding the formal commitments associated with joining the BRI.

Brazilian officials are actively pursuing Chinese investments without formal accession to the BRI, reflecting the country’s desire to maintain strategic autonomy while exploring various infrastructure and trade projects with China.

In an interview with the Brazilian newspaper O Globo, Celso Amorim, Brazil’s special presidential adviser for international affairs [...] clarified that Brazil does not view Chinese trade and infrastructure projects as “an insurance policy,” stating, “We are not entering into a treaty.”

[...]

 

Ahead of Chinese President Xi Jinping’s Brazil visit on November 20, Brasilia has junked China’s Belt and Road Initiative (BRI), becoming the second BRICS country after India to reject Beijing’s multi-billion dollar venture.

Earlier in December 2023, Italy, the only G7 country to have signed for BRI, also withdrew from China’s vast infrastructure initiative.

This move by Brazil—an influential player in the BRICS bloc—signals rising concerns about the long-term implications of China’s expanding global footprint through the BRI.

Prioritizing Strategic Autonomy

Under President Lula da Silva’s leadership, Brazil seeks to strengthen its ties with China while avoiding the formal commitments associated with joining the BRI.

Brazilian officials are actively pursuing Chinese investments without formal accession to the BRI, reflecting the country’s desire to maintain strategic autonomy while exploring various infrastructure and trade projects with China.

In an interview with the Brazilian newspaper O Globo, Celso Amorim, Brazil’s special presidential adviser for international affairs [...] clarified that Brazil does not view Chinese trade and infrastructure projects as “an insurance policy,” stating, “We are not entering into a treaty.”

[...]

 

cross-posted from: https://feddit.org/post/4765221

[The article is originally published by AP.]

On the edge of Peru’s coastal desert [...] the megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this outpost of bobbing fishing boats into an important node of the global economy. China’s President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru.

The development [...] has met a skeptical response from impoverished villagers, who say it is depriving them of fishing waters and bringing no economic benefit to locals.

Our fishing spots no longer exist here. They destroyed them,” said 78-year-old fisherman Julius Caesar — “like the emperor of Rome” — gesturing toward the dockside cranes. [...]

The Peruvian government hopes the port 60 kilometers (37 miles) north of Lima will become a strategic transshipment hub for the region, opening a new line connecting South America to Asia and speeding trade across the Pacific for Peru’s blueberries, Brazil’s soybeans and Chile’s copper, among other exports. Officials cite the port’s potential to generate millions of dollars in revenues and turn coastal cities into so-called special economic zones with tax breaks to lure investment.

“We Peruvians are focused primarily on the well-being of Peruvians,” Foreign Minister Elmer Schialer told The Associated Press.

But many of Chancay’s 60,000 residents are unconvinced. Fishermen returning to port with smaller catches complain that they have already lost out.

The dredging of the port — which sucked sediment from the seabed to create a shipping channel 17 meters (56 feet) deep — has ruined fish breeding grounds, locals said.

“I’ve been out in the water all day and I’m always needing to venture farther,” said Rafael Ávila, a 28-year-old fisherman with sand in his hair, returning to shore empty-handed and exhausted.

“This used to be enough,” he said, pointing at his painted dinghy. “Now I need a larger, more expensive boat to reach the fish.”

[...]

With some of the world’s largest container ships to berth at Chancay Port in January 2025, residents also fear the arrival of pollution and oil spills. In 2022, a botched tanker delivery at La Pampilla refinery nearby sent thousands of barrels of crude oil spilling into Peru’s famously biodiverse waters, killing countless fish and putting legions of fishermen out of work.

Today a glance at the moribund town center, featuring mostly empty seafood restaurants, tells the story of diminished fishing stocks and decimated tourism even without the port being operational.

The port’s breakwater changed the currents and destroyed good surfing conditions, locals said, affecting everyone from ice vendors to truckers to restaurant owners. “No to the megaport” is spray-painted on a wall overlooking the waterfront.

“This port is a monster that’s come here to screw us,” said 40-year-old Rosa Collantes, cleaning and gutting slimy drum fish on the shore. “People come to the port and they say ‘Wow, tremendous!’ but they don’t see the reality.”

[...]

 

cross-posted from: https://feddit.org/post/4765221

[The article is originally published by AP.]

On the edge of Peru’s coastal desert [...] the megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this outpost of bobbing fishing boats into an important node of the global economy. China’s President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru.

The development [...] has met a skeptical response from impoverished villagers, who say it is depriving them of fishing waters and bringing no economic benefit to locals.

Our fishing spots no longer exist here. They destroyed them,” said 78-year-old fisherman Julius Caesar — “like the emperor of Rome” — gesturing toward the dockside cranes. [...]

The Peruvian government hopes the port 60 kilometers (37 miles) north of Lima will become a strategic transshipment hub for the region, opening a new line connecting South America to Asia and speeding trade across the Pacific for Peru’s blueberries, Brazil’s soybeans and Chile’s copper, among other exports. Officials cite the port’s potential to generate millions of dollars in revenues and turn coastal cities into so-called special economic zones with tax breaks to lure investment.

“We Peruvians are focused primarily on the well-being of Peruvians,” Foreign Minister Elmer Schialer told The Associated Press.

But many of Chancay’s 60,000 residents are unconvinced. Fishermen returning to port with smaller catches complain that they have already lost out.

The dredging of the port — which sucked sediment from the seabed to create a shipping channel 17 meters (56 feet) deep — has ruined fish breeding grounds, locals said.

“I’ve been out in the water all day and I’m always needing to venture farther,” said Rafael Ávila, a 28-year-old fisherman with sand in his hair, returning to shore empty-handed and exhausted.

“This used to be enough,” he said, pointing at his painted dinghy. “Now I need a larger, more expensive boat to reach the fish.”

[...]

With some of the world’s largest container ships to berth at Chancay Port in January 2025, residents also fear the arrival of pollution and oil spills. In 2022, a botched tanker delivery at La Pampilla refinery nearby sent thousands of barrels of crude oil spilling into Peru’s famously biodiverse waters, killing countless fish and putting legions of fishermen out of work.

Today a glance at the moribund town center, featuring mostly empty seafood restaurants, tells the story of diminished fishing stocks and decimated tourism even without the port being operational.

The port’s breakwater changed the currents and destroyed good surfing conditions, locals said, affecting everyone from ice vendors to truckers to restaurant owners. “No to the megaport” is spray-painted on a wall overlooking the waterfront.

“This port is a monster that’s come here to screw us,” said 40-year-old Rosa Collantes, cleaning and gutting slimy drum fish on the shore. “People come to the port and they say ‘Wow, tremendous!’ but they don’t see the reality.”

[...]

 

Der Tiefwasserport, der bis 2032 insgesamt fünfzehn Containerbrücken erhalten soll, ist nicht nur für Peru, sondern auch für China ein Megaprojekt. Er gilt als wichtiges Teil der neuen chinesischen Seidenstraße. Und deshalb nutzt Chinas Präsident Xi Jining auch seine Visite beim Gipfel der Asiatisch-Pazifischen Wirtschaftsgemeinschaft (Apec) in Lima, um die extrem moderne Anlage an diesem Donnerstag gemeinsam mit der peruanischen Interims-Präsidentin Dina Boluarte einzuweihen.

[...]

Diesen Plan hat auch Raúl Pérez Reyes betont: „Unser Ziel ist es, das Singapur Lateinamerikas zu werden“, wirbt der [Raúl Pérez Reyes] Verkehrsminister von Peru. Chancay solle den gesamten Handel mit Asien abwickeln. Dabei geht es nicht nur um die Verschiffung von peruanischen Waren, sondern auch um Produkte aus Nachbarländern wie Brasilien, Bolivien, Paraguay oder Venezuela und Argentinien.

[...]

„Deshalb ist der Bau neuer Autobahnen, von Hightech-Industrieparks und die Ansiedlung von Dienstleistungsgewerbe geplant. Jobs sollen rund um Chancay en Gros entstehen und damit werben nicht nur die peruanischen Verantwortlichen, sondern auch Cosco Shipping“, fasst der Soziologe das Gesamtvorhaben zusammen. Begeistert ist er davon nicht.

Kein Wunder, denn mit dem Arbeitsplatz-Argument wird gern von den Versäumnissen abgelenkt: Im Hafen von Chancay haben peruanische Offizielle nichts zu melden. Cosco Shipping, das chinesische Staatsunternehmen, hält 60 Prozent der Anteile und gibt bei allem den Ton an.

[...]

Chancay sei ein „Dual-Use-Port, der eben auch militärisch genutzt“ werden könne, ärgern sich US-Militärs. Die USA verlieren seit rund zwei Jahrzehnten auf ökonomischer, politischer und militärischer Ebene an Einfluss in Mittel- wie Südamerika. Chancay ist ein Symbol dafür. Allerdings auch für das Versagen der peruanischen Institutionen, denn nicht die Nationale Hafenbehörde (APN) entscheidet, wer an den Terminals ablegen, arbeiten und mit Waren handeln darf, sondern allein Cosco.

[...]

Umwelt, Artenschutz? Egal

Dadurch kontrolliert das Staatsunternehmen die kostspieligen Schiffsrouten, diktiert Preise, kann Güter billiger handeln. Als das bekannt wurde, sorgte es in Peru für Proteste. Der Verdacht der Korruption machte die Runde. Doch statt die Vorwürfe zu untersuchen, sorgten der Kongress, das Parlament, per Gesetz dafür, dass alles nachträglich legalisiert wurde, kritisiert Alejandro Chirinos.

[...]

Ein Umweltgutachten, das der deutsche Biologe Stefan Austermühle im Auftrag von CooperAcción und der peruanischen Menschenrechtskoordination durchgeführt hat, weist auf offene Fragen und Defizite in der offiziellen Bewertung von Cosco hin. „Aber letztlich wurde alles durchgewunken“, kritisiert Chirinos. Im Ergebnis seien die Brutgebiete [von in der Region heimischen Vogelarten] existenziell gefährdet.

[...]

Auch die lokalen Fischer klagen schon jetzt, vor der Nutzung des Megahafens, über sinkende Fangquoten und weniger Vielfalt im Netz. Zudem müssen sich tausende Familien in der 60.000-Einwohner-Stadt darauf einstellen, im Rahmen der nächsten Bauetappen des Hafens enteignet zu werden. „Alles wurde über die Köpfe der lokalen Bevölkerung entschieden. Partizipation Fehlanzeige“, kritisiert der Soziologe von CooperAcción. Das ist recht typisch in Peru. Allerdings habe sich das unter Interims-Präsidentin Dina Boluarte verschärft, die nur über fünf Prozent Zustimmung der Bevölkerung verfügt und gegen die wegen Korruption ermitteln wird.

 

[The article is originally published by AP.]

On the edge of Peru’s coastal desert [...] the megaport of Chancay, a $1.3 billion project majority-owned by the Chinese shipping giant Cosco, is turning this outpost of bobbing fishing boats into an important node of the global economy. China’s President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru.

The development [...] has met a skeptical response from impoverished villagers, who say it is depriving them of fishing waters and bringing no economic benefit to locals.

Our fishing spots no longer exist here. They destroyed them,” said 78-year-old fisherman Julius Caesar — “like the emperor of Rome” — gesturing toward the dockside cranes. [...]

The Peruvian government hopes the port 60 kilometers (37 miles) north of Lima will become a strategic transshipment hub for the region, opening a new line connecting South America to Asia and speeding trade across the Pacific for Peru’s blueberries, Brazil’s soybeans and Chile’s copper, among other exports. Officials cite the port’s potential to generate millions of dollars in revenues and turn coastal cities into so-called special economic zones with tax breaks to lure investment.

“We Peruvians are focused primarily on the well-being of Peruvians,” Foreign Minister Elmer Schialer told The Associated Press.

But many of Chancay’s 60,000 residents are unconvinced. Fishermen returning to port with smaller catches complain that they have already lost out.

The dredging of the port — which sucked sediment from the seabed to create a shipping channel 17 meters (56 feet) deep — has ruined fish breeding grounds, locals said.

“I’ve been out in the water all day and I’m always needing to venture farther,” said Rafael Ávila, a 28-year-old fisherman with sand in his hair, returning to shore empty-handed and exhausted.

“This used to be enough,” he said, pointing at his painted dinghy. “Now I need a larger, more expensive boat to reach the fish.”

[...]

With some of the world’s largest container ships to berth at Chancay Port in January 2025, residents also fear the arrival of pollution and oil spills. In 2022, a botched tanker delivery at La Pampilla refinery nearby sent thousands of barrels of crude oil spilling into Peru’s famously biodiverse waters, killing countless fish and putting legions of fishermen out of work.

Today a glance at the moribund town center, featuring mostly empty seafood restaurants, tells the story of diminished fishing stocks and decimated tourism even without the port being operational.

The port’s breakwater changed the currents and destroyed good surfing conditions, locals said, affecting everyone from ice vendors to truckers to restaurant owners. “No to the megaport” is spray-painted on a wall overlooking the waterfront.

“This port is a monster that’s come here to screw us,” said 40-year-old Rosa Collantes, cleaning and gutting slimy drum fish on the shore. “People come to the port and they say ‘Wow, tremendous!’ but they don’t see the reality.”

[...]

 

cross-posted from: https://feddit.org/post/4764066

Archived link

The choices, and the stakes, would remain very similar to what they were in February 2022, says Historian Anne Applebaum, senior fellow at the SNF Agora Institute at Johns Hopkins University and the School of Advanced International Studies.

"Either we [the Western democracies] inflict enough economic pressure and military pain to convince Russia that the war can never be won, or we deal with the far more ominous, and far more expensive, consequences of Ukraine’s loss."

“Land for peace” sounds nice, but the president of Russia isn’t fighting for land. Putin is fighting not to conquer Pokrovsk but to destroy Ukraine as a nation. He wants to show his own people that Ukraine’s democratic aspirations are hopeless. He wants to prove that a whole host of international laws and norms, including the United Nations Charter and the Geneva conventions, no longer matter. His goal is not to have peace but to build concentration camps, torture civilians, kidnap 20,000 Ukrainian children, and get away with it—which, so far, he has.

Putin will truly stop fighting only if he loses the war, loses power, or loses control of his economy. And there is plenty of evidence that he fears all three, despite his troops’ slow movement forward. He would not have imported thousands of North Korean soldiers if he had an infinite number of Russians to replace the more than 600,000 soldiers whom he has lost to injury or death. He would not have paid American YouTubers to promote anti-Ukrainian propaganda if he wasn’t worried by the American public’s continued support for Ukraine. His economy is in trouble: Russian inflation is rising fast; Russian interest rates are now at 21 percent; Russian industries particularly vulnerable to sanctions, such as liquefied natural gas, are suffering. The Russian navy was humiliated in the Black Sea. The Russian military has still not recaptured territory lost in Russia’s Kursk province, conquered by the Ukrainians last summer.

 

Archived link

The choices, and the stakes, would remain very similar to what they were in February 2022, says Historian Anne Applebaum, senior fellow at the SNF Agora Institute at Johns Hopkins University and the School of Advanced International Studies.

"Either we [the Western democracies] inflict enough economic pressure and military pain to convince Russia that the war can never be won, or we deal with the far more ominous, and far more expensive, consequences of Ukraine’s loss."

“Land for peace” sounds nice, but the president of Russia isn’t fighting for land. Putin is fighting not to conquer Pokrovsk but to destroy Ukraine as a nation. He wants to show his own people that Ukraine’s democratic aspirations are hopeless. He wants to prove that a whole host of international laws and norms, including the United Nations Charter and the Geneva conventions, no longer matter. His goal is not to have peace but to build concentration camps, torture civilians, kidnap 20,000 Ukrainian children, and get away with it—which, so far, he has.

Putin will truly stop fighting only if he loses the war, loses power, or loses control of his economy. And there is plenty of evidence that he fears all three, despite his troops’ slow movement forward. He would not have imported thousands of North Korean soldiers if he had an infinite number of Russians to replace the more than 600,000 soldiers whom he has lost to injury or death. He would not have paid American YouTubers to promote anti-Ukrainian propaganda if he wasn’t worried by the American public’s continued support for Ukraine. His economy is in trouble: Russian inflation is rising fast; Russian interest rates are now at 21 percent; Russian industries particularly vulnerable to sanctions, such as liquefied natural gas, are suffering. The Russian navy was humiliated in the Black Sea. The Russian military has still not recaptured territory lost in Russia’s Kursk province, conquered by the Ukrainians last summer.

 

cross-posted from: https://feddit.org/post/4757140

The EU executive’s proposal to postpone the implementation of the regulation on imported deforestation for one year was approved by the Brussels hemicycle with 371 votes in favour, 240 against, and 30 abstentions. On the final vote, socialists, greens and leftists opposed it, with the same compactness with which the popular and far-right supported the text, while the liberals split.

The EPP, which had tabled 15 controversial amendments to the Commission’s new text, announced before the vote that it was withdrawing some of the most significant ones: the proposal for a two-year delay and several exemptions for traders on supply chain control charges. According to a statement on the sidelines of the vote by Christine Schneider, a People’s Party MEP who signed all of the amendments, the EPP withdrew the amendments because it got reassurances from the European Commission in return, particularly the commitment to review the guidelines for companies and make sure to avoid an overlap of bureaucratic burdens between companies.

 

To whom it may concern.

 

cross-posted from: https://feddit.org/post/4757760

Ireland: Cork City Council first to pass motion committing to "using factual and accurate information in council discussion and debate"

The motion commits all local representatives to using factual information in their contributions to the Council and in debates.

It was brought forward by Councillor Pádraig Rice, following an election pledge as part of the CheckTheFacts campaign by Belong To', a non-profit dedicated to the LGBTQ+ Youth Ireland, which the organisation had developed in response to the increase in misinformation and disinformation both in Ireland and internationally.

**Increase in Hate Crimes in Ireland **

In May 2024, Ireland's An Garda Síochána published its annual figures on hate crimes in Ireland showing a 12% increase in the number of reported hate crimes and hate-related incidents, while the European Digital Media Observatory reported in 2023 that the LGBTQ+ community is one of the most consistent victims of mis- and disinformation in the European Union.

Commenting on the motion, Cllr Rice said: “We are in an age of misinformation, and Cork City Council is not immune to that. For my part, I intend to call out misinformation, and I have called on my Council colleagues to do the same.”

Also commenting was Moninne Griffith, CEO of Belong To, who said: “I wish to express my gratitude to Cllr Rice for bringing forward this motion as he committed to doing in the local election campaign. We know that misinformation impacts heavily on marginalised communities in particular and the circulation of misinformation has real-life consequences.

“The Being LGBTQI+ in Ireland research from Trinity College Dublin, published this year found that 1 in 4 members of Ireland’s LGBTQI+ community have been punched, hit or physically attacked due to being LGBTQI+, and 72% experienced verbal abuse due to being LGBTQI+. These incidents do not happen in isolation. They are fostered in an environment of misinformation and disinformation. So we thank Cllr Rice and all counsellors who voted to pass this motion for their commitment to facts.”

[–] 0x815@feddit.org 2 points 1 day ago

Having read the thread and all the numbers which are very interesting, I can't help thinking that whatever the economic output is in whatever country or bloc, China must face higher cost for backing Russia in Ukraine.

[–] 0x815@feddit.org 5 points 2 days ago (2 children)
[–] 0x815@feddit.org 4 points 3 days ago

Falls jemand Nachrichten lieber als Doku haben will:

Chinas Machtansprüche im Südchinesischen Meer


(video, 3 Minuten, abrufbar bis 6. Januar 2025)

Seit fast vier Monaten prangern die Philippinen die Angriffe der chinesischen Patrouillen im Südchinesischen Meer an: Blockierung philippinischer Versorgungsschiffe, Gefährdung von Fischern, Kollisionen auf See, illegal errichtete Barrieren ... Peking unternimmt immer mehr Versuche, die Kontrolle über das Südchinesische Meer zu erlangen.

[–] 0x815@feddit.org 3 points 5 days ago (1 children)

No one talks about Ukraine losing. Any peace deal can only be reached according to Ukraine's terms, this includes that Russia will have to leave the whole of Ukraine.

[–] 0x815@feddit.org 2 points 1 week ago (1 children)

https://feddit.org/u/benjhm@sopuli.xyz

But the article says, the core factors are economic.

The article says the factor are economic and cultural. For example, it reads that "online, young people openly discuss their frustrations with societal expectations [...] Hashtags related to singlehood, career focus, and discussions around marriage trends regularly go viral, amplifying the voices of those who feel pressured to conform to traditional life paths."

Even so, as they have built so many surplus apartments, the [real] prices must drop

The 'surplus apartments' are the result of a real estate crisis that, among others, has cost a lot of money. Many Chinese has lost their live savings. In the meantime, many experts (inside and outside China) are afraid that the problems in the property sector could severely hurt the financial and banking system and the whole economy in the long run.

I wonder how many years before they are trying to sell the Chinese dream to migrants from Africa or elsewhere.

Regarding migrant, especially from Africa, I suggest your read a release by a rights group (2023), or a very informative expert video (19 min, here is the archived link for this video). The video is from 2022.

[–] 0x815@feddit.org 1 points 1 week ago (1 children)

I guess the agenda of X, WeChat and Douyin, as well as of the of Chinese Communist Party that usually censors everything which is remotely critical of the Chinese government, is obvious.

[–] 0x815@feddit.org 1 points 1 week ago* (last edited 1 week ago)

Yeah, I didn't want to change the original title, but it is right. In the EU the public debt remains quite stable.

[–] 0x815@feddit.org 1 points 1 week ago (1 children)

I understand. You are right and everyone else is wrong. Classic.

[–] 0x815@feddit.org 1 points 1 week ago (3 children)

https://feddit.org/u/Deceptichum@quokk.au

I know exactly how the terms are, and I know there is overlap in the exploitation game.

This is apparently not the case. The 'exploitation game' is not unique to any of form of capitalism (there are many) as there has been exploitation of large groups of people also in the pre-industrial feudal system, just to name an example.

Unfortunately, we see similar over-simplified narratives all over the web spaces, also on the Fediverse. This is not a grave issue in itself, we all can be mistaken, but very often these narratives are communicated in a very dogmatic and offensive way. This is unnecessary and not very smart, especially as you are wrong here.

[–] 0x815@feddit.org 2 points 1 week ago

You could short individual stocks.

[–] 0x815@feddit.org 5 points 1 week ago (1 children)

I can't elaborate on the Dutch, but I feel that your prediction that they won't hire native speakers/chartered translators will hold true not only for the Netherlands. I used to work for international publishing houses in various roles and guess I have some idea of this industry, and I think they won't hire experts just for saving money (not because they overestimate their language proficiency). They won't care about quality as long as the financials are fine, even if such a commercial success has a short life.

The only exceptions I see at the moment are some small media organizations and/or grassroots media. But large publishing houses will use AI to further drive down costs, no matter what.

A user in another thread on this topic has guessed that there will be a 'parallel economy' (their word) dedicated to human-made goods, while the rest is AI generated. Maybe that's the future?

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