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That's kind of how VC works nowadays. I was reading an article about Softbank's Vision Fund; the article mentioned that Masayoshi Son, the CEO of Softbank advis
by jondubois 8y ago
That's kind of how VC works nowadays. I was reading an article about Softbank's Vision Fund; the article mentioned that Masayoshi Son, the CEO of Softbank advised his companies to give each other discounts and special deals. I guess this is something which YC has also been doing for a while.
It definitely sounds like it's going to create bubbles. If companies help each other too much, then their success becomes increasingly artificial; all these companies become less efficient as a group and it's only a matter of time before companies outside of that cushy ecosystem catch up.
I think that eventually we'll get to a point when we collectively realize that the software development practices that we've adopted over the past decade are actually much less efficient than many other alternative approaches. For the past decade, the most efficient approaches and tools have been overlooked almost completely because they were developed outside of any VC ecosystems; so they didn't get any exposure or chance to prove themselves.
- Havoc 8y agoWell yeah Masa is thinking about this as a 300 year project to create what is essentially a new eco-system of companies that are intended to be interconnected.
- Eug894 8y agotools have been overlooked almost completely Also even popular people like Guido van Rossum can't get enough funds to improve compilers of such an important language as Python [0]. And current patent system doesn't support developing of software tools because everything is already owned by some patent trolls. For instance, why do they still not use AI agents [1] in machine code optimization? I think, it is not a coincidence. Just read recent news about Chinese hacking the USA hardware. Along with Russians they just dumb you down. [0] "Dropbox pulls the plug on faster Python project", https://www.infoworld.com/article/3162800/open-source-tools/dropbox-pulls-the-plug-on-faster-python-project.html https://www.infoworld.com/article/3162800/open-source-tools/... [1] "Simplifier AI", https://drive.google.com/file/d/1GSv89tiQmPDcnFEu4n4CqfaJcUJxVmL5KrSCJ047g4o/edit https://drive.google.com/file/d/1GSv89tiQmPDcnFEu4n4CqfaJcUJ...
- y4mi 8y agoYour 0 link doesn't actually support your claim. Dropbox abandoned their incompatible python 2 jit compiler. Pypy remains available and there was really no point in having another around. And Guido had nothing to do with that decision afaict. Finally, the reason why they dropped it is absolutely correct. Python isn't meant to be used for performance critical work. Python is however fast enough for most usecases - especially with pypy, but definitely not all.
- Eug894 8y agoWhy not have single language for all kinds of work? And why not spend some tiny part of those money dedicated to improving hardware by 2x-3x, when there are people [0] claiming Python run-time has potential to 1000x speed-up? I know, I know, it will make manual optimization job nonsense, and everyone needs a job nowadays it seems... [0] https://spectrum.ieee.org/view-from-the-valley/computing/hardware/david-patterson-says-its-time-for-new-computer-architectures-and-software-languages https://spectrum.ieee.org/view-from-the-valley/computing/har...
- y4mi 8y agoDid you actually read that link? Yes, you can have a substantial performance boost for python by rewriting it fully in c... But that's exactly like saying that c performance is substantially better than Python's.
- cal5k 8y agoThis is actually a deeply engrained practice in Japanese business culture - “keiretsu”, or interlocking companies.
- fatjokes 8y agoSo... "synergy"?