infecto

8 ms·

151.
by infecto 3mo ago
Sure but most folks don’t want to take a bus in the US. Perhaps you build mini ride share busses that are driverless and I think this is where something like Waymo would actually go to.
152.
by infecto 3mo ago
I don’t know why you’re being downvoted. People don’t comprehend some areas of the world are simply different. If you could get a bus to pick up near my house and drop me off near work absolutely I would consider it but the reality is every
153.
by infecto 3mo ago
Why would you think it works? Let’s say you have a community of 100 people in Dallas. That neighborhood is going to be commuting in all sorts of directions, sure you might be able to transport some groups going the same direction but there
154.
by infecto 3mo ago
Is it not simply a density problem? HK is a very different beast or any other major dense urban area. Dallas is a sprawling with an urban communities and office buildings.
155.
by infecto 3mo ago
If you have to say “with respect” don’t say it at all. You can share your ideas without calling names. A bus would simply never work. Busses, trains and other modes of group transport or hard or near impossible to get right in a sprawling s
156.
by infecto 3mo ago
100%. Most bus routes are terribly expensive to run, multiple drivers, benefits and then the physical equipment. It would be interesting if you could work out a subsidy program for low income riders.
157.
by infecto 3mo ago
You’re arguing against claims I never made. You can reject AGI hype and still believe AI demand, infrastructure buildout, and commercial adoption will continue growing. Absolutely lots of hype but there is lots of value behind generated (un
158.
by infecto 3mo ago
People enjoy the narrative that AI is doomed. I am in the same mindset as you. I cannot see compute demand changing anytime soon.
159.
by infecto 3mo ago
What is the point of this. I already can get an llm to draw charts using plotly, matplotlib, echarts, etc all the time. There will be always a better way but what does this buy us?
160.
by infecto 3mo ago
Relatedly I also wonder how much the orchestrated distillation bot nets that Anthropic uses against China are real. Not saying it does not happen but I have never seen dating showing how pervasive it is and I always imagine other western la
161.
by infecto 3mo ago
My thesis is still that model building has no moat. Folks continue to migrate around between the big labs. There is a lot of value in having good taste around the harness and how the models are used. The medium to long term winners will be
162.
by infecto 3mo ago
Genuine question. Is there a time factor part of that equation?
163.
by infecto 3mo ago
[flagged]
164.
by infecto 3mo ago
Why too bad? This is how the market ultimately comes to the right price.
165.
by infecto 3mo ago
Then why state it?
166.
by infecto 3mo ago
That’s truly the playbook when you are on the other side of a levered firm though.
167.
by infecto 3mo ago
He is one of the few folks in finance who regularly streams and is directionally interesting. He served his time.
168.
by infecto 3mo ago
Firms like citadel will run crowding analytics, who owns what, at what leverage and rough margin trigger points. Over simplifying but they could be shorting the longs and going long on the shorts. Everyone generally knew situational was hea
169.
by infecto 3mo ago
Agree so much. So many small bugs, nits, tweaks I just send off to an LLM agent to figure it out.
170.
by infecto 3mo ago
What evidence is there? I have no idea either way but one thing that detracts from these threads is folks claiming things as a fact without evidence.
171.
by infecto 3mo ago
I think your last paragraph is the answer. My only point from the start was that I’m not surprised the EU imposes extra compliance here. Once you’re incentivizing customers to leave prepaid funds with you in exchange for a return, it’s reas
172.
by infecto 3mo ago
$70 a go? That’s got to be the cash only person to person handshake agreement. That would never buy you laundry too. I think I remember maybe around $100 including laundry almost 20 years ago and that was a cash type arrangement, weekly inc
173.
by infecto 3mo ago
I think we’re actually debating a narrower point than you think. I agree that simply calling something “interest” doesn’t magically make it a regulated financial product. My disagreement is with the idea that “can’t be redeemed for cash” is
174.
by infecto 3mo ago
Absolutely agree. I imagine it almost all scenarios it gets tricky and at the very least puts a good bit of burden on the company to define that with regulatory frameworks.
175.
by infecto 3mo ago
You started by telling me I was overcomplicating it, but I think you also missed the context of the thread. The original post was specifically about why they decided not to do this in the EU because it created additional regulatory overhead
176.
by infecto 3mo ago
I think you’re oversimplifying it. “They can’t be redeemed for cash” isn’t a universal legal test. Financial regulation generally looks at the substance of the product. Otherwise every company could sidestep banking and payments rules by ca
177.
by infecto 3mo ago
TOS is not the point. The root of this thread was surprise over rules around interest. I am saying it’s not surprising because companies could then easily create weird schemes.
178.
by infecto 3mo ago
Is that a law?
179.
by infecto 3mo ago
What is surprising? Paying interest on cash is effectively a financial instrument. Not sure what gold has to do with it. If you pay a business cash and they turn it into credits that pay interest that would not pass a smell test. No custome
180.
by infecto 3mo ago
Why would you think credits and cash would be treated differently? I am not a EU tax expert but it would be shocking if that’s the case because you could create some pretty interesting schemes if by turning cash into a “credit” meant it was

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