cs702

11 ms·

151.
by cs702 11mo ago
Yes, we're talking about Nash equilibria in environments that are gradually evolving.
152.
by cs702 11mo ago
The OP's author is at the beginning of the path towards understanding that Nash Equilibria are everywhere in the economy. I say this because the OP doesn't realize that's what he's talking about: Nash Equilibria. A com
153.
by cs702 11mo ago
Yes. $30/victim is the negotiated amount at which the lawyers make an acceptable profit. I'm talking about the lawyers who initiated, orchestrated, and covered all costs associated with the class action lawsuit. They typically get
154.
by cs702 11mo ago
The portion of invested capital tied up in inventory is not sufficient to judge a retailer. What we want to know/estimate is the retailer's return on invested capital (ROIC). A retailer with significant competitive advantages that
155.
by cs702 11mo ago
There are a bunch of companies trying to make co-living mainstream again. The largest one appears to be PadSplit ( https://padsplit.com ), claiming 27,000+ rooms nationwide.[a] But I don't know if any these new co-living solu
156.
by cs702 11mo ago
More succinctly: The Nash equilibrium of public discourse on social media is extremism and polarization ... ... because for each individual, the way to get more clicks and influence is by becoming more extreme and polarizing. Sigh.
157.
by cs702 11mo ago
Nice! Briefly, the idea is recursively to decompose tasks into the simplest possible steps, recursively call (relatively small) LLMs as agents to execute one step at a time, and using a clever voting scheme to choose how to execute each ste
158.
by cs702 11mo ago
Change in inventories is only one component of capital required. There are many other components. There are great businesses that carry lots of inventory. Every business is different. Amazon, in particular, is a large entity incorporating n
159.
by cs702 11mo ago
The amount of capital tied up in fixed assets is only one component of the capital required. Many other short-term and long-term assets can be components. Every business is different. For example, a consulting firm may have almost no fixed
160.
by cs702 11mo ago
Buffett routinely mentions it in his annual letters: https://www.berkshirehathaway.com/letters/letters.html A good place to start is by reading his thoughts on See's Candy as of 2007 (~four decades after he bought
161.
by cs702 11mo ago
This ignores the capital intensity of different businesses, and the rate of return on that invested capital , which is tied up in the business.[a] -- [a] Warren Buffett has written and spoken extensively about return on invested capital
162.
by cs702 11mo ago
The OP's headline is not even wrong. Tech stock market capitalization declined by $1T. Every share of stock sold by one party was purchased by another party, as always.
163.
by cs702 11mo ago
TL;DR: Steve Jobs shut down efforts to incorporate advertising in Apple's software, because it would enshittify[a] the customer experience. Everyone here on HN likely agrees that he was right never to cross that red line. The path from
164.
by cs702 11mo ago
Yes, PyTorch borrowed from Autograd, Chainer, etc. ...but PyTorch felt friendlier and more Pythonic, and it came with a comprehensive library of prebuilt components for deep learning in `torch.nn`. See https://news.ycombinator.co
165.
by cs702 11mo ago
Thanks. Yes, I remember Chainer, but only vaguely. I kinda remember looking at it, but not actually using it. My recollection is that when I looked at Chainer back then, it didn't offer a comprehensive library of preexisting components
166.
by cs702 11mo ago
Many of the comments here are judging PyTorch in hindsight , which is unfair. When Soumith Chintala co-launched PyTorch, and for many years after, the alternatives for fast, interactive, convenient development were much worse . There was
167.
by cs702 11mo ago
Before Burry's bets were disclosed, Palantir's trailing price-earnings ratio (P/E) peaked at 486x. What does that mean? I like to think about it this way: Absent growth, had a private investor purchased the business at 486x
168.
by cs702 11mo ago
Thanks for sharing that. It made me chuckle!
169.
by cs702 11mo ago
Many people who object to the idea that current-generation AI is thinking do so only because they believe AI is not "conscious"... but there is no known law in the universe requiring that intelligence and consciousness must always
170.
by cs702 11mo ago
"Within one to two years, we’ll likely have AI systems that are smarter than any individual human at almost any cognitive task. The question is what happens after that." - Elon Musk, October 2025 Hmm... I would be more alarmed if
171.
by cs702 11mo ago
Beautiful. Thank you for sharing this on HN.
172.
by cs702 11mo ago
Yes, those images at the end of the article made me laugh out loud. More seriously, it's silly that the stock of a chain of fried-chicken joints rose +30% after a photo of Nvidia's CEO eating in one of those joints was posted on
173.
by cs702 11mo ago
Here's a diagram from Morgan Stanley showing OpenAI's hair-ball of deals: https://x.com/akcakmak/status/1976204708655079840/photo/1 It really is a hair-ball: purchase-sale relationships, revenu
174.
by cs702 11mo ago
A 77-year-old cyclist.
175.
by cs702 11mo ago
Beautiful. Thank you for sharing this on HN.
176.
by cs702 11mo ago
> We demonstrate the versatility and performance of [our implementation in Python], focusing on programs that invoke heavy external computation through the use of large language models (LLMs) and other APIs. Across five scripts, we comp
177.
by cs702 1y ago
> the point was never "We're cheap" but "We let you scale faster for a premium" Actually, it was more like "Scale faster, easier, more reliably, with proven hardware and software infrastructure, operated by
178.
by cs702 1y ago
In the early days of cloud service providers, they offered a handful of high-value services, all at great prices, making them cost-competitive with bare metal but much easier. That was then . Things today are different. As cloud service pr
179.
by cs702 1y ago
The loan is likely secured by OpenAI's assets, including hardware, facilities, and IP.
180.
by cs702 1y ago
Properly, the title should be "OpenAI is losing about three times more than the revenue it collects " because to date OpenAI has had no earnings. The multi-trillion-dollar question is whether the economics will improve at OpenAI.

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