This is only a partial solution to a problem though. If x ai fails to build a good model they rent to Google. But that means all these companies are incentivised to build as much compute as possible. If they win their…
This was covered in some of the coverage much earlier about the bankruptcy proceedings. Essentially it's within the court's power to not only pay the creditors but to pay them interest on their losses if that's…
While that's true, if you have a good understanding of bankruptcy law, and a reasonable understanding of what assets FTX owned you could make a reasonable guess of how much money the eventual bankruptcy would pay out.…
In our libertarian utopia every employee at every company would receive a complex set of financial derivatives to incentivize them to manipulate the stock in exactly the way we want. Will Bob from Accounts push out…
The difference between a betting company the stock market is that in the stock market you have regulation to separate the exchange from the market maker. So in the stock market you go to the exchange, you buy or sell at…
The problem is the other way around. A: Can you hear me? B: Yes B: What time is it? A: ... At the point that B has replied Yes, B knows that it can hear A and that it can send to A but it doesn't know that A can hear B.…
Well this just goes to the core of your view on the role of luck in life. Are there 1,000 startups coming out of YC every year and 5 of them are run by geniuses who single handedly disrupt loads of markets. Or are there…
[flagged]
I think the most acheivable way of having some verification of AI images is simply for the AI generators to store finger prints of every image they generate. That way if you ever want to know you can go back to Meta or…
Well for a start to run an even passable market making operation and to get into the jobs Sam did you have to be atleast fairly good at the mathematics behind probability. He's definitely more able to reason about…
Nate Silver interviewed as SBF as part of research for his book and I think the big take away from it was basically that Sam's attitude to risk was pathological - he was willing to take any sized bet that he thought was…
It's difficult to see when the 80% will ever pay off. They're a year in and he's got 94% health - but with that limit in place that's an effective battery capacity of 73% (0.94*0.8). At the rate that the others'…
Hold up, they didn't do nothing. They tried and failed. There were several attempts at packaging an FPGA with a CPU and none of them worked.
It's really sad to see how far Intel has sunk, back in the good old days they'd lay off 10,000 at the drop of a hat. These days they're so rubbish it's taking them months to deliver those juicy juicy firings. Nice to…
Mr Beast videos do single digit millions in revenue per video, and he operates on razor thin margins re-investing everything. Youtube does $8.5Bn a quarter in revenue. For startups the target is the Youtube exit, not…
This, like a lot of the advice is "Things that worked for me that likely won't work for you". A lot of people are going to talk to Mr Beast that won't talk to you, Mr Beast is doing a variety of one off projects that…
You know this guy gets paid by the word because he spends about a thousand words saying "The earth is more hospitable than Mars and there's still places on earth where life basically doesn't survive". Which is one…
The argument he makes about buybacks just doesn't work. If the money didn't go to buybacks it'd go out in dividends. If there were no way to extract profits from a company and return them to shareholders then the whole…
Yeah I think this encapsulates really well what I don't like about "founder mode". Is it really "founder mode" or is it "Here are the reasons why I'm amazing and you all suck". A huge amount of these posts about what it…
I'm not sure this is really good advice. I'm a hardware engineer and my industry is ~decades behind software engineering. Our compilers are slow, closed source, poorly documented. Every build system is some level of…
The Altera merger was a perfect storm. I could write for pages about what went wrong. But here's a few key things: First FPGA companies have been massively hit and miss with their product - they were perfectly capable…
It's the old Ex Machina problem though. If the machine is more intelligent than you, any protections you design are likely to be insufficient to contain it. If it's completely incapable of communicating with the outside…
This is just capitalism though. Like, what else are you suggesting? Opt for companies whose products are more expensive in the hope that they are less likely to hike prices later on? The real issue is when these…
This really sets the government up for failure. The next time there's a tragedy on our rail system the question I'm going to ask is "Would this have happened if the person in charge took safety concerns seriously". This…
Well they're specifying the AMD EPYC and one of the things that the server line of AMD CPUs do that the consumer grade ones don't, is they have lots of connectivity. So for example an AMD EPYC 8324P is a 32 core CPU…
This is only a partial solution to a problem though. If x ai fails to build a good model they rent to Google. But that means all these companies are incentivised to build as much compute as possible. If they win their…
This was covered in some of the coverage much earlier about the bankruptcy proceedings. Essentially it's within the court's power to not only pay the creditors but to pay them interest on their losses if that's…
While that's true, if you have a good understanding of bankruptcy law, and a reasonable understanding of what assets FTX owned you could make a reasonable guess of how much money the eventual bankruptcy would pay out.…
In our libertarian utopia every employee at every company would receive a complex set of financial derivatives to incentivize them to manipulate the stock in exactly the way we want. Will Bob from Accounts push out…
The difference between a betting company the stock market is that in the stock market you have regulation to separate the exchange from the market maker. So in the stock market you go to the exchange, you buy or sell at…
The problem is the other way around. A: Can you hear me? B: Yes B: What time is it? A: ... At the point that B has replied Yes, B knows that it can hear A and that it can send to A but it doesn't know that A can hear B.…
Well this just goes to the core of your view on the role of luck in life. Are there 1,000 startups coming out of YC every year and 5 of them are run by geniuses who single handedly disrupt loads of markets. Or are there…
[flagged]
I think the most acheivable way of having some verification of AI images is simply for the AI generators to store finger prints of every image they generate. That way if you ever want to know you can go back to Meta or…
Well for a start to run an even passable market making operation and to get into the jobs Sam did you have to be atleast fairly good at the mathematics behind probability. He's definitely more able to reason about…
Nate Silver interviewed as SBF as part of research for his book and I think the big take away from it was basically that Sam's attitude to risk was pathological - he was willing to take any sized bet that he thought was…
It's difficult to see when the 80% will ever pay off. They're a year in and he's got 94% health - but with that limit in place that's an effective battery capacity of 73% (0.94*0.8). At the rate that the others'…
Hold up, they didn't do nothing. They tried and failed. There were several attempts at packaging an FPGA with a CPU and none of them worked.
It's really sad to see how far Intel has sunk, back in the good old days they'd lay off 10,000 at the drop of a hat. These days they're so rubbish it's taking them months to deliver those juicy juicy firings. Nice to…
Mr Beast videos do single digit millions in revenue per video, and he operates on razor thin margins re-investing everything. Youtube does $8.5Bn a quarter in revenue. For startups the target is the Youtube exit, not…
This, like a lot of the advice is "Things that worked for me that likely won't work for you". A lot of people are going to talk to Mr Beast that won't talk to you, Mr Beast is doing a variety of one off projects that…
You know this guy gets paid by the word because he spends about a thousand words saying "The earth is more hospitable than Mars and there's still places on earth where life basically doesn't survive". Which is one…
The argument he makes about buybacks just doesn't work. If the money didn't go to buybacks it'd go out in dividends. If there were no way to extract profits from a company and return them to shareholders then the whole…
Yeah I think this encapsulates really well what I don't like about "founder mode". Is it really "founder mode" or is it "Here are the reasons why I'm amazing and you all suck". A huge amount of these posts about what it…
I'm not sure this is really good advice. I'm a hardware engineer and my industry is ~decades behind software engineering. Our compilers are slow, closed source, poorly documented. Every build system is some level of…
The Altera merger was a perfect storm. I could write for pages about what went wrong. But here's a few key things: First FPGA companies have been massively hit and miss with their product - they were perfectly capable…
It's the old Ex Machina problem though. If the machine is more intelligent than you, any protections you design are likely to be insufficient to contain it. If it's completely incapable of communicating with the outside…
This is just capitalism though. Like, what else are you suggesting? Opt for companies whose products are more expensive in the hope that they are less likely to hike prices later on? The real issue is when these…
This really sets the government up for failure. The next time there's a tragedy on our rail system the question I'm going to ask is "Would this have happened if the person in charge took safety concerns seriously". This…
Well they're specifying the AMD EPYC and one of the things that the server line of AMD CPUs do that the consumer grade ones don't, is they have lots of connectivity. So for example an AMD EPYC 8324P is a 32 core CPU…