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Dig1t
searching PlanetScale…
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91.
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Dig1t
4mo ago
I'm just saying that when you say "trillionaire" it evokes the idea that he's hoarding $1T in a bank account. But it's almost entirely just locked up in shares of companies, and if he actually wanted to turn it into
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Dig1t
4mo ago
Starship is still in development. Do you think the next generation of the iPhone is a waste of time because it doesn't make money yet? The stock price reflects the potential of the business in the future as well as its current concrete
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Dig1t
4mo ago
You won't pay taxes but you will pay interest. Most forms of value (real estate, gold, stocks, your car) you can borrow against in the USA, but the interest you pay almost always makes it a dumb idea.
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Dig1t
4mo ago
If you borrow against it you still have to pay interest. If he somehow found someone to loan him $1T, which would probably be practically impossible, the interest would make the total amount he got less than $1T.
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Dig1t
4mo ago
Have you watched a Starship launch? The more I understand the incredible feats of engineering they are performing the more bullish I become.
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Dig1t
4mo ago
It's not like his checking account has $1T in it, this is just a technicality that sums up all of the hypothetical value of the shares he owns in companies. If he actually tried to sell it and turn it into cash it would be less than $1
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Dig1t
4mo ago
It sounds like either way you could just use a break. If you have a house and retirement is tracking inflation, you can use the time to reset and figure out a career change.
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Dig1t
4mo ago
[flagged]
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Dig1t
4mo ago
Ideally we’d have a project that’s truly open like Linux, trained by people in the community or possibly some benevolent _actually_ nonprofit entity like what OpenAI was supposed to be. The next best thing is that the Chinese labs catch up
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Dig1t
4mo ago
I have no hate for anyone. Applying the "phobic" and "racist" labels to things you disagree with is just a way of avoiding engaging with ideas. Most people can see that. If you want to win the argument long term, you nee
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Dig1t
4mo ago
>To release the model both safely and quickly, we’ve tuned these safeguards conservatively—they’ll sometimes catch harmless requests Why is everyone so okay with these companies intentionally gimping their AI and choosing who is allowed
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Dig1t
4mo ago
All that means is that there's a bottleneck at the data center layer. When he says "dark GPUs" he's saying that there are no dark DEPLOYED GPUs. This is a reference to the 1990's dot com bubble where internet infras
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Dig1t
4mo ago
Just look at the data, you say "it isn't happening" but it's easy to prove. University of Manchester: https://hummedia.manchester.ac.uk/institutes/code/briefings/... 1990: White British 95
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Dig1t
4mo ago
To Kill a Mockingbird is fiction, it reflects the biases of the author's worldview.
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Dig1t
4mo ago
Shorting is the best mechanism for exposing scams and frauds in public markets, in fact that’s really the only reason it exists. It’s an incentive for people to root out corruption and graft. If you truly believe that SpaceX is a big scam a
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Dig1t
4mo ago
I think it’s a combination of talent and the mission. Most people who work there are true believers in the mission of making life multi-planetary. There are many examples in history of people doing extraordinary things when top talent was c
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Dig1t
4mo ago
You should short the stock. If you think it’s a big scam and not actually worth being in the top 500 US companies, you could make a lot of money.
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Dig1t
4mo ago
>I can assure you building rockets isn't rocket science. This is mind bogglingly wrong. “[Rocket Science] looks hard and is harder than it looks” is the classic line. Anyone in the industry will tell you how extremely difficult rock
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Dig1t
4mo ago
They are videos of news organizations: NBC News, Dallas News, CBS Miami. Do you believe those are “right wing media”?
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Dig1t
4mo ago
Not to mention what Amazon did the Lord of the Rings. It is probably a good thing.
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Dig1t
4mo ago
NBC News: >Supreme Court allows Biden administration to remove border razor wire > https://www.youtube.com/watch?v=GK3uo7MOZvU Local Dallas News: >Biden Used Forklifts To Remove Razor Wire, Open The Border & All
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Dig1t
4mo ago
It's mostly just that we are worried that anyone seeking to regulate the platforms is mostly just seeking to control said platforms and get them to spread their version of the truth. Something we already see with CNN, NBC, Fox News, et
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Dig1t
4mo ago
They only go into the index if they are actually worth enough to go into the index. If they drop below a certain value they will naturally be kicked out of the index just like any other company. I.e. if they are not actually in the top 500
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Dig1t
4mo ago
If your plan uses Fidelity you can move your 401k into Brokeragelink and that lets you pick individual stocks. Schwab, TIAA, Alight and some others also have something similar.
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Dig1t
4mo ago
I'm not even saying this should be dismissed with a blanket dismissal. First example is a reminder that regulation can be bad. Second is an actual concern about this specific regulation. This is a concrete concern about the incentives
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Dig1t
4mo ago
It’s not irrational, the comments literally explain in great detail the downsides of the regulation. For example one commenter in this thread said: >See also car fuel economy standards that push car makers into killing the wagon market s
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Dig1t
4mo ago
They will only be added to those indexes if they are actually trading at a value that places them in the top 100 or 500 companies in the US. If they fall below that price then they will be kicked out of the index just like any other company
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Dig1t
4mo ago
This will never happen, the power dynamic between workers and employers is so skewed in favor of employers and it is only getting worse. Don't like your job? Fine leave, there are tens of millions of H1B's who will do your job for
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Dig1t
4mo ago
Very likely declining social trust has something to do with this phenomenon. >But a massive new study, based on detailed interviews of nearly 30,000 people across America, has concluded just the opposite. Harvard political scientist Robe
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Dig1t
4mo ago
It was pretty dang useful when there was no alternative, and I’m sure that many people physically could not have performed their jobs without copy-pasting from it. But yeah, I don’t know how anyone could have any affection or nostalgia for
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