with all the new taxes the city and the state have piled on, compensation above $1m is going to be taxed (federal + state) at a marginal rate of 56% by 2030, which I believe will be the highest in the country. Not to…
closed source harness + RL fine tuning on customer prompts on said harness is becoming a kind of economic moat (?)
The startup I started working for has a fake health plan,(no network, prior authz and reimbursement issues for everything serious). So I just priced our family of 4 for rudimentary PPOs on the BCBS in our state. Our…
the business people took over tech and somehow convinced us Jack Welch’s management philosophy (targeted attrition, layoffs for financial engineering) was a best practice even though he and his proteges drove numerous…
they’re crap on a lot dimensions of how they treat customers but data privacy/security is one thats taken pretty seriously at AWS, perhaps owing to the massive reputational damage that would result if they played loose…
if you dig into whats actual safe to distribute after inflation and taxes, or conservative FIRE mid-life recommendations, its around 1-2% of principal per year . From 14m, 10-20k/month, about the budget of the white…
i think the narrative of “all white collar employment replacement in the near future” can sustain their public market valuation for many years, regardless of how profitable they are in the medium term.
its sickening that these companies making 10s of Billions in profit annually at 60% gross margins are going to throw their employees that got them there under the bus. layoffs are for at risk companies undergoing…
I recall a lot of the original funding (Billions of dollars) was spent on 3rd party consultants to run various multi-year long review processes (environmental, legal compliance, eminent domain, community agreements etc.)
the way in which Mantle was built is highlighted internally by PEs as some sort of triumph but really its a fairly tone deaf indicted of AWS’s engineering culture ... “To achieve a meaningful result in a reasonable…
theyre getting high on their own supply, and instead really need to hire some senior engineers
I think the subtext of the last few weeks is the Anthropic was becoming severely capacity constrained (or approaching that). They seem to have had to sign two somewhat adverse contracts with Amazon and Google in short…
its not “normal” when companies have 10s of Billion in net profit per quarter Axing low/negative ROI product lines, sure. But recently these cuts have been across-the-board and in product lines that are net profitable…
true but the government will inevitably demand their own stanza of (blocking) system prompts in the major AI services. then they will ban local LLM and foreign ones.
because demand is weak and the product markets are saturated. there are dimishing returns to increasing investment. so these companies switch to managing their earnings ratio. if you cant grow revenue, then cut costs.
except they planned the January layoff in October or even earlier over the summer.
having worked there. Amazon has toxic managers, culture that turn ICs against each other. no tech vision. insane politics. low caliber people gatekeeping. Their stock will go up the next year or two only because of…
i dont know that its such a great thing in the end. Uber/Lyft is 50-100% more expensive now than taxis were before. Theyre entrenched in different ways.
kids dont make any income. a weekend trip for 4 in the same timezone costs us $3k to 5k. a cross country trip is 10-20k. DINK > Solo >> anything else
we were talking about operational access to the payment system. you are conflating the situation at USAID which may or may not by illegal, idk. the legislative branch can form administrative departments and prescribe…
the strength of the US defense commitment is likely proportional to the strategic value of the economic assets they still hold. the taiwanese have every incentive to do just well enough at the AZ plant for the $39…
the really dumb thing about working at AWS is they pay so much lip service to Ops, literally you can spend a third of a week in meetings talking about Ops Issues, but not a single long term project to improve the deeper…
ok but make them retire at 65. before mental decline really kicks in
they are anti-displacement provisions in the bill. gentrification/displacement can't happen if upzoning happens at scale of the entire regions/state. e.g. techies won't move to Oakland if there's a bunch of new housing…
In other news ... instead charging a transparent and fair price for a service, private colleges and government conspire to attain perfect price discrimination against their education consumers based on itemization of…
with all the new taxes the city and the state have piled on, compensation above $1m is going to be taxed (federal + state) at a marginal rate of 56% by 2030, which I believe will be the highest in the country. Not to…
closed source harness + RL fine tuning on customer prompts on said harness is becoming a kind of economic moat (?)
The startup I started working for has a fake health plan,(no network, prior authz and reimbursement issues for everything serious). So I just priced our family of 4 for rudimentary PPOs on the BCBS in our state. Our…
the business people took over tech and somehow convinced us Jack Welch’s management philosophy (targeted attrition, layoffs for financial engineering) was a best practice even though he and his proteges drove numerous…
they’re crap on a lot dimensions of how they treat customers but data privacy/security is one thats taken pretty seriously at AWS, perhaps owing to the massive reputational damage that would result if they played loose…
if you dig into whats actual safe to distribute after inflation and taxes, or conservative FIRE mid-life recommendations, its around 1-2% of principal per year . From 14m, 10-20k/month, about the budget of the white…
i think the narrative of “all white collar employment replacement in the near future” can sustain their public market valuation for many years, regardless of how profitable they are in the medium term.
its sickening that these companies making 10s of Billions in profit annually at 60% gross margins are going to throw their employees that got them there under the bus. layoffs are for at risk companies undergoing…
I recall a lot of the original funding (Billions of dollars) was spent on 3rd party consultants to run various multi-year long review processes (environmental, legal compliance, eminent domain, community agreements etc.)
the way in which Mantle was built is highlighted internally by PEs as some sort of triumph but really its a fairly tone deaf indicted of AWS’s engineering culture ... “To achieve a meaningful result in a reasonable…
theyre getting high on their own supply, and instead really need to hire some senior engineers
I think the subtext of the last few weeks is the Anthropic was becoming severely capacity constrained (or approaching that). They seem to have had to sign two somewhat adverse contracts with Amazon and Google in short…
its not “normal” when companies have 10s of Billion in net profit per quarter Axing low/negative ROI product lines, sure. But recently these cuts have been across-the-board and in product lines that are net profitable…
true but the government will inevitably demand their own stanza of (blocking) system prompts in the major AI services. then they will ban local LLM and foreign ones.
because demand is weak and the product markets are saturated. there are dimishing returns to increasing investment. so these companies switch to managing their earnings ratio. if you cant grow revenue, then cut costs.
except they planned the January layoff in October or even earlier over the summer.
having worked there. Amazon has toxic managers, culture that turn ICs against each other. no tech vision. insane politics. low caliber people gatekeeping. Their stock will go up the next year or two only because of…
i dont know that its such a great thing in the end. Uber/Lyft is 50-100% more expensive now than taxis were before. Theyre entrenched in different ways.
kids dont make any income. a weekend trip for 4 in the same timezone costs us $3k to 5k. a cross country trip is 10-20k. DINK > Solo >> anything else
we were talking about operational access to the payment system. you are conflating the situation at USAID which may or may not by illegal, idk. the legislative branch can form administrative departments and prescribe…
the strength of the US defense commitment is likely proportional to the strategic value of the economic assets they still hold. the taiwanese have every incentive to do just well enough at the AZ plant for the $39…
the really dumb thing about working at AWS is they pay so much lip service to Ops, literally you can spend a third of a week in meetings talking about Ops Issues, but not a single long term project to improve the deeper…
ok but make them retire at 65. before mental decline really kicks in
they are anti-displacement provisions in the bill. gentrification/displacement can't happen if upzoning happens at scale of the entire regions/state. e.g. techies won't move to Oakland if there's a bunch of new housing…
In other news ... instead charging a transparent and fair price for a service, private colleges and government conspire to attain perfect price discrimination against their education consumers based on itemization of…