boh

17 ms·

211.
by boh 4y ago
I think AI's hype machine is definitely going to negatively affect its future. If people are made to believe it's able to automate everything and it gets just one crucial thing wrong, the loss of credibility at a time when it&#x27
212.
by boh 4y ago
They are not profiting in the SVB bailout. The available SVB assets aren't increasing in value unless interest rates go back to zero.
213.
by boh 4y ago
The Fed is saying it will be funded by the banks remaining assets and the "banking system" which assumes higher FDIC premiums, which the banks will likely transfer to customer as additional fees. The taxpayer is definitely paying
214.
by boh 4y ago
I guess it really is Uber-like.
215.
by boh 4y ago
I'd be surprised if this deal doesn't get blocked by the US govt.
216.
by boh 4y ago
The idea that programmers will be replaced is absolutely ridiculous. Being from the business side, I've never worked on a software project that didn't have unforeseen elements, hyper-specific requirements, unnecessarily complicat
217.
by boh 4y ago
The "AI taking jobs" narrative is marketing for investors to make AI companies seem valuable. Besides being used to make customer service even more unpleasant, don't expect to see too many AI-related job losses in most indust
218.
by boh 4y ago
Honestly I wouldn't worry about it. Outside of the tech bubble most businesses know AI is pointless from a revenue point of view (and comes with legal/credibility/brand risks). Regardless of what the "potential" of
219.
by boh 4y ago
What industry is that?
220.
by boh 4y ago
"Having your bank account randomly disappear isn't one of the risks that anyone should have to take." Companies actually do. That's why they keep their assets as cash at a minimum and typically don't concentrate tha
221.
by boh 4y ago
Uninsured assets are what they sound like: uninsured. That's why companies typically hold a minimum amount of their assets as cash, and the cash they do hold isn't typically concentrated in one place. Credit risk is a huge aspect
222.
by boh 4y ago
It isn't. Free movement of people hasn't been a thing since the invention of civilization. You needed seals/papers to get in/out of city-states, duchies etc. They reference passport-like paperwork in the bible. I know hi
223.
by boh 4y ago
My vote is for LinkedIn. Who actually likes using that thing?
224.
by boh 4y ago
It's really bizarre that state sovereignty is just considered a business practice. No it's not a "modern invention" to "enact" borders. Nor does labor organizing have anything to do with its enforcement. Corpor
225.
by boh 4y ago
I'm glad they figured it out since it was impossible to tell any other way.
226.
by boh 4y ago
I applied it sarcastically
227.
by boh 4y ago
Too many arguments are shoe-horning "environmental benefits" to artificially insert ethical justifications. It's getting a little tedious when it's equally applied to marriage, house ownership, office politics and LED li
228.
by boh 4y ago
Elon Musk is proficient in perpetuating his own relevance. These arguments, and how people respond to them, are irrelevant by themselves but the outrage or counter-outrage they produce has a multiplier effect of media attention. This is pub
229.
by boh 4y ago
I think "nobody ever went there" is difficult to gauge since most purchases are very quick. Typical purchase would take 30-60 seconds for me to make. Since people are quick in/quick out it seems less people shop there.
230.
by boh 4y ago
Because mistakes would cause a lifetime of consequences and given our limited knowledge, it is impossible not to make them. When considering the possibilities of gene editing, take into account an Elephant-Man type outcome, not just the Bra
231.
by boh 4y ago
It's ironic how much optimism is inherent in these projections of doom. Given our limited knowledge of human biology, way before "gene editing can make a human smarter & better looking", we're likely to see unintende
232.
How Companies Can Lose Workers Without Imposing Layoffs(wsj.com)
2 points by boh 4y ago|0 comments
233.
by boh 4y ago
People don't yet understand where the value for AI services are. Most of the hype is coming from technology-centric sources and so isn't considering the tech in practical terms. The idea that any business would use AI in a decisio
234.
by boh 4y ago
This article is over-dramatizing what is essentially just a patent document. Companies often write patents for ideas they will likely never execute. It's easy/cheap for them to write, and on the off chance a competitor ever implem
235.
by boh 4y ago
None of the AI products use "AI". There is decidedly no actual artificial intelligence currently in existence.
236.
by boh 4y ago
Honestly, is it really possible to secure copyright for digital books? It's been ~16 years since the introduction of the Kindle and pirated books are just more plentiful. Publishing exclusively on paper seems to be the only real soluti
237.
How the titans of tech investing are staying warm over the VC winter(economist.com)
1 points by boh 4y ago|0 comments
238.
by boh 4y ago
EA and Activision are a great counter-example of how "you could do anything" with revenue can vary from company to company. I think Valve's success being tied to their culture is pretty easy to prove, since as you say "t
239.
by boh 4y ago
Valve is a pretty amazing company that consistently innovates and makes long-term, strategic decisions. Its a real model for a great tech company. Its unique capital and management structure has insulated it from any real competition. Compa
240.
by boh 4y ago
The article doesn't really explain what it is about the internet that isn't being understood. Even if these companies have been identified under the general "tech" category by investment firms, they're essentially m

More ›