I’m saying that bad user passwords allow data to be hacked. When it’s the credentials of someone with access, like an employee of companies with your data, then that data is more easily compromised if they have crappy passwords. It’s harder to compromise with passkeys. It is not just your password hygiene that protects your data.
Here is a recent example in Australia. https://www.abc.net.au/news/2026-10-06/asos-app-users-sent-hacked-message/107236520
But most people don’t have well managed passwords. And me having good password hygiene doesn’t stop my data being hacked when someone working at a subcontracting firm to a company I use leaks all my data.
It also is annoying to have to log in over many steps with 2fa, often forced to email or SMS.
Collectively improving security benefits us all.
Yes, different mechanisms and different outcomes. However, that doesn’t make one better for business as you mentioned. They just act in different ways for all parties.
However, they are good for stock markets and large projects as investment vehicles, so they do hekp government, businesses and can be used to promote projects that benefit their members, eg union based ones can promote tjeir own industry.
The suoerannuation funds in australua have now grown large enough in aggregate to be market movers.
Most I’ve seen is because they don’t want to release their real financials. So it must be bad enough to spook investors even more than the delay.
Some countries, like Australia, where I live, have transitioned from defined benefits to defined contributions. Bond yields are still higher here.
Americas credit is stretched. Bond yields are up. Not just in the USA, but elsewhere, which affects lending and investment, both of which ai companies need.
Ai can crash before then, if people stop investing money or loaning money. It doesn’t mean OpenAI run out of money straight away, but it means the projects they are involved in don’t happen, so the mountain of debt piles up and the sources of revenue dry up. So, it all happens faster and the smaller neo-clouds go belly up first.
Already an Aussie one just pulled its launch IPO due to lack of interest and were considering dropping their price significantly.
If the IPO prices of other companies drop significantly, it means the early investors make very little profit, for a lot of risk, so they start to look elsewhere too.
AI companies need huge amounts of investment over extended periods, so either scenario is problematic for them.
Not of they can’t buy computers any more.
I’m wondering if we’ll get a rise in old school tech due to high cost of ram, CPUs and gpus.
Windows will struggle if that’s the case.Linux will be fine.
Proof of the difficulty and value is how much they ate spending to train ai to be able to do similar, but poorly.
Alternative view. Being a regular customer means your are treated like a person rather than a customer. This means watching out for your safety around other members of the public. Or giving you warnings about unsafe events or people nearby.
Community keeps us safe. Being a regular can be like being a part of your community depending on the type of establishment.
Ok, here’s another one from Netherlands. https://www.tomshardware.com/tech-industry/cyber-security/hacker-claims-123456-password-let-them-breach-the-danish-national-registry-accessing-8-8-million-records-it-and-data-services-company-with-weak-passwords-linked-source-of-the-hack
If the people with access to your data have weak passwords, then so do you.