It Looks Like The Youth Aren’t As Stupid As They Use To Be

Who would have thought it would have been Gen Z. X, Y and Millennials were idiots. I thought it was a trend. Maybe they can take over quicker, like I hope Prince William gets to be King soon so we don’t have to put up with King Chuckles the clown in the UK for very long.

Google will no longer back up the Internet: Cached webpages are dead

I for one am glad. I’m old enough that most of my fucking up in life was before the internet and only I really know the story of my misdeeds and untoward activity.

A lot of people say stupid shit online, or brag about stuff they shouldn’t to show off or get likes. Until now, the internet was forever. It may still be if you search hard enough, but Google is evil and presents the worst of behavior easily. Now, the idiots may be protected.

Story

Google will no longer be keeping a backup of the entire Internet. Google Search’s “cached” links have long been an alternative way to load a website that was down or had changed, but now the company is killing them off. Google “Search Liaison” Danny Sullivan confirmed the feature removal in an X post, saying the feature “was meant for helping people access pages when way back, you often couldn’t depend on a page loading. These days, things have greatly improved. So, it was decided to retire it.”

The feature has been appearing and disappearing for some people since December, and currently, we don’t see any cache links in Google Search. For now, you can still build your own cache links even without the button, just by going to “https://webcache.googleusercontent.com/search?q=cache:” plus a website URL, or by typing “cache:” plus a URL into Google Search. For now, the cached version of Ars Technica seems to still work. All of Google’s support pages about cached sites have been taken down.

Cached links used to live under the drop-down menu next to every search result on Google’s page. As the Google web crawler scoured the Internet for new and updated webpages, it would also save a copy of whatever it was seeing. That quickly led to Google having a backup of basically the entire Internet, using what was probably an uncountable number of petabytes of data. Google is in the era of cost savings now, so assuming Google can just start deleting cache data, it can probably free up a lot of resources.

Cached links were great if the website was down or quickly changed, but they also gave some insight over the years about how the “Google Bot” web crawler views the web. The pages aren’t necessarily rendered like how you would expect. In the past, pages were text-only, but slowly the Google Bot learned about media and other rich data like javascript (there are a ton of specialized Google Bots now). A lot of Google Bot details are shrouded in secrecy to hide from SEO spammers, but you could learn a lot by investigating what cached pages look like. In 2020, Google switched to mobile-by-default, so for instance, if you visit that cached Ars link from earlier, you get the mobile site. If you run a website and want to learn more about what a site looks like to a Google Bot, you can still do that, though only for your own site, from the Search Console.

click above for more, but I think you get the drift

Economists are sounding alarm on ‘YOLO’ credit bubble

Note that term is a Millennial/Gen X/Gen Y loser term. Life has a way of circling back on your choices and decisions. You may think you are only living once, but you are only living for the moment.

Actions have consequences and so do bad credit decisions….read on.

A growing percentage of Americans are becoming reckless with their spending, fueling what one economist calls a “super duper” credit bubble.

In a note to clients, economist David Rosenberg of Rosenberg Research warned that Americans are taking on too much debt to buy things they really don’t need. He calls these people “YOLO spenders,” which refers to the catchphrase, “You only live once.”

“There is no acknowledgment today that, yet again, we have a super-duper credit bubble on our hands,” Rosenberg wrote. “It isn’t just about fiscal recklessness at the government level; the dilemma is that the consumer commands a dominant 70% share of the economy.”

That credit bubble has created the illusion of a strong economy, but it’s really a ticking time bomb that’s about to go off.

For starters, more Americans are falling behind on their credit card payments. According to Rosenberg, one in every 12 credit card holders is in this predicament.

The last time delinquency was this high was in 2011, when unemployment was 9%. The national unemployment rate currently stands at 3.7%, among the lowest in history.

“As far as consumer credit is concerned, the default cycle isn’t merely looming. It’s arrived,” he warned.

Read more, and weep

The payday is due

YOLO’ing has costs, especially for those who haven’t benefited from the post-Covid asset inflation.