DebtDeflation

8 ms·

61.
by DebtDeflation 1y ago
Because it's a very different type of math than that used in Quant Finance. Econ PhD programs don't want people with broad math skills, they want people who know the very narrow slice of math needed to solve these very unusual mo
62.
by DebtDeflation 1y ago
This. My undergrad was in Economics (a long time ago). There was a time I thought about doing a PhD, but ended up doing an MS in Quant Finance instead. It's hard to believe that anyone can take a DSGE model seriously as a model of h
63.
by DebtDeflation 1y ago
>data-center related spending...probably accounted for half of GDP growth in the first half of the year. Which is absolutely bananas. What? If that figure is true then "absolutely bananas" is the understatement of the century
64.
by DebtDeflation 1y ago
Labor really is not fungible that way. On shore H1B Indians generally are higher skilled than offshore Indians, perform different roles at companies, and are paid more. Many of them could have chosen different careers than Tech and likely
65.
by DebtDeflation 1y ago
Multiple things can be true at once. Some jobs have been eliminated by AI. The H1B system is being abused by employers. Offshoring has replaced more American jobs than H1Bs. Corporations are lying to investors about the impact of AI on
66.
by DebtDeflation 1y ago
What you describe is certainly possible, but it's not what's happening. You can go on Blind, Fishbowl, any work related subreddit, etc. and hear the same story over and over and over - "My company replaced half my department
67.
by DebtDeflation 1y ago
You also need to consider the impact of offshoring. Accenture's layoffs of 11,000 workers is listed in the chart, but a few days earlier they announced they were opening a new campus in India and hiring 12,000.
68.
by DebtDeflation 1y ago
"How do I do XYZ in Python?" ChatGPT: I've found the following Python books that contain explanations of how to complete that task. Which one would you like to purchase?" "None. I just want an answer." ChatGP
69.
by DebtDeflation 1y ago
One additional reason: all the other CEOs are mandating it at their companies. Can't be the odd man out in the CEO group chat.
70.
by DebtDeflation 1y ago
Wouldn't Nvidia be better served investing the $100B in expanding GPU manufacturing capacity?
71.
by DebtDeflation 1y ago
Wouldn't they be better served investing the $100B in expanding GPU manufacturing capacity?
72.
by DebtDeflation 1y ago
In 20 years, Kurzweil will write another book entitled, "The Singularity is Almost Here".
73.
by DebtDeflation 1y ago
The plan seems to be to hope that AI will be able to replace the senior ICs in the near future. They're certainly gutting the ranks of management today in a way that presupposes there will be far fewer ICs of all levels to manage soon
74.
by DebtDeflation 1y ago
Decentralized Finance!
75.
by DebtDeflation 1y ago
> OpenAI signed a contract with Oracle to purchase $300 billion in computing power over roughly five years >The deal is one of the largest cloud contracts ever signed >The Oracle contract will require 4.5 gigawatts of power capacit
76.
by DebtDeflation 1y ago
It's utterly bizarre. I was impacted by that outage a year or so ago and they claimed that they were going provide offline syncing in the future but I still don't see it. It seems the flow is Watch ->(Bluetooth)-> Phone -&
77.
by DebtDeflation 1y ago
People forget that in the long history of human civilization, the idea of working as an employee of a big company only goes back about 150 years, the idea of white collar office work in that context only goes back about 75 years, and the id
78.
by DebtDeflation 1y ago
Don't believe the narrative that these layoffs are being driven by AI replacing humans. They're being driven by a need to meet Wall Street's EPS expectation during a time of slower Revenue growth. In some cases the jobs are
79.
by DebtDeflation 1y ago
The wildest part is that the frontier models have a lifespan of 6 months or so. I don't see how it's sustainable to keep throwing this kind of money at training new models that will be obsolete in the blink of an eye. Unless you
80.
by DebtDeflation 1y ago
Since most QC researchers are saying that the real use cases are not Shor's or Grover's but rather molecular simulation (calculating ground state energies), do we have a timeline for doing anything useful in this space with quantu
81.
by DebtDeflation 1y ago
The article claims that 15 was done without precompilation (in the 2015 experiment but not the 2001 experiment), but only because 15 is a very unique number (after decomposition, only the last multiplication has to be performed because all
82.
by DebtDeflation 1y ago
It's a great idea that they utterly gimped with the 273 GB/s memory bandwidth. You can buy a Macbook Pro M4 Max with 128GB that has TWICE the bandwidth. A 4090 has 4 TIMES the bandwidth. I get that they're terrified of doi
83.
by DebtDeflation 1y ago
It is absolutely 80%+. The majority of the time, it is a company looking to sponsor an H1B for a role or they have an H1B in the role who they want to sponsor for PERM status (Green Card) and the law requires them to post the job to prove
84.
by DebtDeflation 1y ago
The are apk's floating around from the Ice Cream Sundae days where the developer went out of business and is no longer on Play Store and this is literally the only way to run the app. I have a Concept2 rower with the old PM3 monitor wh
85.
by DebtDeflation 1y ago
There used to be stories about small manufacturing companies that bought AS/400s in the early 1990s, installed them in their factories, then at some point there was construction and walls were built around them, and then they were disc
86.
by DebtDeflation 1y ago
There's also a lot of reverse causation here. Healthy people don't fall very often and when they do they generally don't break their hips. Falling frequently and suffering broken hips when falling are both general signs of
87.
by DebtDeflation 1y ago
As a recently laid off tech worker, I was excited to have a recruiter contact me regarding what seemed like a dream job. After passing an initial phone screen, a face to face interview was scheduled. I spent several days preparing. On th
88.
by DebtDeflation 1y ago
https://www.theverge.com/command-line-newsletter/759897/sam-... >“When bubbles happen, smart people get overexcited about a kernel of truth...Are we in a phase where investors as a whole are overexcited about A
89.
by DebtDeflation 1y ago
100%. All of these schemes depend on the existence of a jurisdiction with low (or non-existent) corporate taxes that they can shift profits to in order to avoid paying taxes in the actual jurisdictions in which they manufacture and sell.
90.
by DebtDeflation 1y ago
Over 100 just for the AI market?

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