Our very strong and very domestic stupidiy, naivete, and ignorance is way more important of a factor than foreign influence.
LLMs are going to do none of this, so there's really no worry
LLMs will be great politicians one day
The cope about this "not being new" is pretty typical denial I'm glad to have left up there.
Metaverse?
There hasn't been one dollar of profit from any company, it's more a battle of how low you can keep your losses
This seems to be a slow discovering of the inherent limitations.
Good article and it's on the mark
I thought bitcoin was cool for about 6 months back in 2014, and read everything I could about it. For the life of me I simply can't understand how people are still so interested in it or who created it.
Couldn't agree more. If you don't want to be famous in today's day and age, don't do infamous shit.
Amazing to see a lot of the comments stating the exact qualifiers he laid out as potential counterarguments to his writeup. Did they even read it?
"they should not have had 12,000 to begin with" Nailed it
And every other civilized society except America builds internal power structures that inhibit violent self-centeredism. Maybe it's time we do the same?
Some of the money is spent. What happens when better models, more efficient cooling techniques, and other technologies hit? Seems like the best strategy at this point isn't dumping your entire FCF into datacenters, but…
I mean you're half right. Companies seek to automate some of their transactional labor and reduce their overall head count, but they also want a pool of low paid labor to rotate when they do layoffs, which are usually…
The issue with framing this as a resurrection of the productivity paradox is that AI had never even theoretically increased productivity. I think in retrospect it's going to look very silly.
Who would have thought the median American life, something havily satirized and made fun of in The Simpsons, would become what people most long for. That, more than anything else I think, is strong evidence of how far…
Well said. In music, it's very similar. The jarring, often out of key tones are the ones that are the most memorable, the signatures that give a musical piece its uniqueness and sometimes even its emotional points. I…
I think you're really overstating things here. Entry level positions are the tier at which replacement of senior positions happen. They don't do a lot, sure, but they are cheap and easily churnable. This is precisely…
We're talking about it because quantifiable variables aren't the only aspects of reality that matter. If a company does something profitable but it makes everyone but them worse off, there's an argument they shouldn't…
All these hyperscalers do is control the internet and suck money from companies that actually add value via that control. I can name on one hand the amount of successful products GOOGLE has natively launched (without…
Right, but the unprecedented control of the public discourse on the internet by just a couple megacorps PREVENTS businesses from promoting themselves, unless they pay through the nose for the privilege. This destroys…
I didn't mean to imply it was a recent invention. However, the almost total centralization of advertising in a few companies on the internet IS new. Their parasitism and malevolent monopolistic omnipotence is pretty…
There is no competition in the ad space, so those companies can continue to just parasite their way to record earnings by stealing every other businesses profits. They create almost nothing of actual value, they are…
They have all the control and no competition. The time for breaking these companies up or hamstringing them at least a little bit is many years past due. The problem is that monopolies are extremely profitable and are…
Our very strong and very domestic stupidiy, naivete, and ignorance is way more important of a factor than foreign influence.
LLMs are going to do none of this, so there's really no worry
LLMs will be great politicians one day
The cope about this "not being new" is pretty typical denial I'm glad to have left up there.
Metaverse?
There hasn't been one dollar of profit from any company, it's more a battle of how low you can keep your losses
This seems to be a slow discovering of the inherent limitations.
Good article and it's on the mark
I thought bitcoin was cool for about 6 months back in 2014, and read everything I could about it. For the life of me I simply can't understand how people are still so interested in it or who created it.
Couldn't agree more. If you don't want to be famous in today's day and age, don't do infamous shit.
Amazing to see a lot of the comments stating the exact qualifiers he laid out as potential counterarguments to his writeup. Did they even read it?
"they should not have had 12,000 to begin with" Nailed it
And every other civilized society except America builds internal power structures that inhibit violent self-centeredism. Maybe it's time we do the same?
Some of the money is spent. What happens when better models, more efficient cooling techniques, and other technologies hit? Seems like the best strategy at this point isn't dumping your entire FCF into datacenters, but…
I mean you're half right. Companies seek to automate some of their transactional labor and reduce their overall head count, but they also want a pool of low paid labor to rotate when they do layoffs, which are usually…
The issue with framing this as a resurrection of the productivity paradox is that AI had never even theoretically increased productivity. I think in retrospect it's going to look very silly.
Who would have thought the median American life, something havily satirized and made fun of in The Simpsons, would become what people most long for. That, more than anything else I think, is strong evidence of how far…
Well said. In music, it's very similar. The jarring, often out of key tones are the ones that are the most memorable, the signatures that give a musical piece its uniqueness and sometimes even its emotional points. I…
I think you're really overstating things here. Entry level positions are the tier at which replacement of senior positions happen. They don't do a lot, sure, but they are cheap and easily churnable. This is precisely…
We're talking about it because quantifiable variables aren't the only aspects of reality that matter. If a company does something profitable but it makes everyone but them worse off, there's an argument they shouldn't…
All these hyperscalers do is control the internet and suck money from companies that actually add value via that control. I can name on one hand the amount of successful products GOOGLE has natively launched (without…
Right, but the unprecedented control of the public discourse on the internet by just a couple megacorps PREVENTS businesses from promoting themselves, unless they pay through the nose for the privilege. This destroys…
I didn't mean to imply it was a recent invention. However, the almost total centralization of advertising in a few companies on the internet IS new. Their parasitism and malevolent monopolistic omnipotence is pretty…
There is no competition in the ad space, so those companies can continue to just parasite their way to record earnings by stealing every other businesses profits. They create almost nothing of actual value, they are…
They have all the control and no competition. The time for breaking these companies up or hamstringing them at least a little bit is many years past due. The problem is that monopolies are extremely profitable and are…