cmiles8

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421.
by cmiles8 7mo ago
This is just a symptom of the broader enshittification of Amazon. Buying anything these days requires wading through a sea of low quality shit knockoffs and duplicate product entries all populated with useless reviews. At some point leaders
422.
by cmiles8 7mo ago
Terrible headline. “Asia” isn’t a thing apart from a region on a map. These are separate countries doing their own thing. Equally annoying is when folks say “Asian” as an ethnicity. That’s glossing over a whole bunch of different countries
423.
by cmiles8 7mo ago
It’s fraud. You may think it’s OK to steal because the end justifies the means… but it’s still stealing.
424.
by cmiles8 7mo ago
Many districts employ full time investigators for this. The district is a tax collector and this is a form of tax fraud. Per above though I’m not advocating for license plate readers for enforcement.
425.
by cmiles8 7mo ago
School districts do have an issue with those without bona fide residency attending school there. It’s a big source of fraud that hurts those paying taxes in the districts. I’m all for strong enforcement of those rules, but this goes too far
426.
by cmiles8 7mo ago
Interest rates on things like CDs and low-risk bonds have been decent for a while now. It’s not been painful to sit on cash reserves provided you were smart about where the cash was parked. It’s not an either/or, it’s just a question o
427.
by cmiles8 7mo ago
Private credit is cracking and lending standards are tightening behind the scenes. If you’re not building cash reserves right now you’re going to wish you had. The distressed opportunities ahead go to whoever kept dry powder while everyone
428.
by cmiles8 7mo ago
The only reason it’s buying back the stock is because the price has been destroyed by the company’s underperformance. Also yes buybacks will reduce profit but an unprofitable company doing buybacks is not a healthy one. Agree with the above
429.
by cmiles8 7mo ago
I don’t think anyone believes this is because they are becoming more efficient because of AI. It may be a bit because AI makes their products even less attractive than they already were.
430.
by cmiles8 7mo ago
Not really relative to broader options in tech. The big money goes to the consulting leaders, but most of these folks look like glorified grifters more and more as time goes on. Ultimately AI may be a big threat to the sort of “advisory” wo
431.
by cmiles8 7mo ago
Amazon isn’t broke — but their AI ambitions are now bigger than even a highly profitable company can self-fund. That’s not a nothing-burger. When you’re structurally dependent on debt markets to execute your core strategy, ‘we make plenty o
432.
by cmiles8 7mo ago
That information is likely already in the hands of various folks as I highly doubt the authors were the first to find this glaring security issue, they’re likely only the first to disclose it. If McKinsey has hard data that nobody else expl
433.
by cmiles8 7mo ago
Is it though? Managing teams to not torpedo your company with stupid stuff like this is kinda core to “good management.” The evidence would indicate they’re not very good at that either.
434.
by cmiles8 7mo ago
Net conclusion: Don’t hire McKinsey to advise on AI implementation or tech org design and practices if they can’t get it right themselves.
435.
by cmiles8 7mo ago
I can only remember a McKinsey team pushing Watson on us hard ages ago. Was a total train wreck. They’ve long been all hype no substance on AI and looks like not much has changed. They might be good at other things but would run for the hil
436.
by cmiles8 7mo ago
Worth remembering that Amazon is now taking out loans to help pay for it all. That says a lot.
437.
by cmiles8 7mo ago
I’m OK with it, but the fact that this is news highlights that many others don’t like it
438.
by cmiles8 7mo ago
“Demand” is mostly their training of models, which they’ve yet to demonstrate is a profitable business. Just because you’re struggling to get raw materials for your business doesn’t make it a good business. Without strong enterprise adoptio
439.
by cmiles8 7mo ago
Companies are getting desperate to show AI adoption as right now the numbers just don’t add up. Not surprisingly companies are willing to get into bed with more and more questionable use cases if it helps show some desperately needed AI ado
440.
by cmiles8 7mo ago
The core message of the article is that Amazon has been having issues with AI slop causing operational reliability concerns, and that seems to be 100% accurate.
441.
by cmiles8 7mo ago
The optics here are really bad for Amazon. The continuing mass departures of long tenured folks, second-rate AI products, and a string of bad outages paints a picture that current leadership is overseeing a once respected engineering train
442.
by cmiles8 8mo ago
It makes sense till it doesn’t. History tells us that suppliers funding demand like this tends to end badly.
443.
by cmiles8 8mo ago
This is all starting to smell like financial engineering games. Traditionally nobody in their right mind would give a startup billions to build data centers. For a long list of reasons, that’s kinda nuts. However what it does allow all thes
444.
by cmiles8 8mo ago
It takes about 30 seconds to export all that into a file and take your history elsewhere. There’s no moat there.
445.
by cmiles8 8mo ago
The revenue slice is there, problem is though in a race to the bottom like we’re in now there isn’t much profit at the bottom. And these companies desperately need profit to justify the gigantic capital spend and depreciation title wave tha
446.
by cmiles8 8mo ago
But those holding said proprietary data have figured out they’re holding the cards now and have gotten a lot smarter recently. Companies are being very careful about what gets used for inference vs what they allow to be used for training. I
447.
by cmiles8 8mo ago
All this demonstrates how non-sticky all this tech really is. When your product is basically just an API call it’s trivial to just swap you out for someone else. As such it’s unclear what the prize at the end of the present race to the bott
448.
by cmiles8 8mo ago
The roles that were, or could be, offshored are being replaced by AI. Those jobs aren’t coming back and the ones that went to India et al are going away. It was low-value stuff that got offshored. Folks in the west upskilled and tech jobs a
449.
by cmiles8 8mo ago
I see the SDE pushback on LLMs, but most of it is unfounded. Like any new tool, if used irresponsibly of course bad things can happen. Most of the backlash from devs seems rooted in: 1. It causes a step change in productivity for those that
450.
by cmiles8 8mo ago
Not dismissing that it’s a tough market for some but folks also need to learn how to read a chart. It shows a slight decline following a massive expansion. The primary thing going on in the market right now is a lot of companies simply over

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