jcfrei

8 ms·

91.
by jcfrei 1y ago
IMHO this is going to be part of a broader trend where advancements in AI and robotics nullify any comparative advantages low wage countries had.
92.
by jcfrei 1y ago
No idea why you bring dark pools into this since they have nothing to do with specific stock market price actions. Check out this explanation why they are preferred way for large shareholders to change positions: https://youtu.be
93.
by jcfrei 1y ago
They have just done a full turnaround. But speaking of "the markets" is a bit problematic at the moment since the mag7 now constitute a third of the SP500 market cap and they have been affected little by tariffs. Instead the great
94.
by jcfrei 1y ago
monetizing those will come eventually - it's just hard to get right
95.
by jcfrei 1y ago
You could just short XMR heavily and profit that way.
96.
by jcfrei 1y ago
Outdated view since 99.9% of transactions happen on proof of stake systems which have a very low carbon footprint - not much more than Visa or Mastercard.
97.
by jcfrei 1y ago
The US will likely go down the same path every other country has gone before with an unpayable debt burden: Just inflate it away. Which is bad for people with fixed-income investments in the US and across the globe, ie. mostly pensioners an
98.
by jcfrei 1y ago
I mean, kudos to ESA for already thinking about connectivity on the moon. But maybe a bit more pressing would be the launch of IRIS2, so we get at least sovereign satellite based telecommunications in Europe. It's set to launch with th
99.
by jcfrei 1y ago
Give it some time - just like LLMs the first VR headsets were created in the 90s (for example by Nintendo). But it took another 30 years for the hardware to achieve levels of functionality and comfortableness that make it a viable consumer
100.
by jcfrei 1y ago
If this new 8m diameter telescope already provides us with so many new discoveries then I can't wait until the ELT with 39m diameter goes online.
101.
by jcfrei 1y ago
What makes you think so? They got the Chatgpt.com domain and the product seems to be growing more than any other (check out app downloads: https://appmagic.rocks/top-charts/apps ). They got the first mover advantage - a
102.
by jcfrei 1y ago
The scenario you describe leads to a massive productivity boost for some engineers and no work left for the rest. Or in other words: The profit share of labour compared to capital becomes even smaller. Meaning an even more skewed income dis
103.
by jcfrei 1y ago
All the examples I gave are a precondition to even take part in the market making game. Your actual market share and profitability within the space is then still determined by the quality of your models, execution, tech stack, market access
104.
by jcfrei 1y ago
A high inflation rate can significantly reduce demand for US government debt. Same applies to corporate debt - that's why inflation indexed bonds exist (called TIPS for US debt). They are not a big part of the bond issuance atm but the
105.
by jcfrei 1y ago
Jane street and others are essentially market makers. Which means in one way or another they get paid for providing liquidity. They have a different pay off profile from hedge funds, retail traders or mutual funds which usually make a direc
106.
by jcfrei 1y ago
A lot of people here rightfully questioning what's the use case of stablecoins. US dollars on a bank account essentially just represent a claim backed by a bunch of government debt - ie. US treasuries. But what if these treasuries beca
107.
by jcfrei 1y ago
https://archive.ph/NkYpk
108.
by jcfrei 1y ago
There were no free floating currencies back in the 1960s nor open capital markets as we understand them today. Cannot really compare the two eras.
109.
US reportedly plans to slash bank rules imposed to prevent 2008-style crash(theguardian.com)
11 points by jcfrei 1y ago|1 comments
110.
by jcfrei 1y ago
Looks like the business model of selling advertising space atop a bunch of search results is slowly but steadily coming to an end. I wonder what will replace it? Will we see ads being integrated into AI responses? Will we see more money flo
111.
by jcfrei 2y ago
The real threat to Google, Meta is that LLMs become so cheap that its trivial for a company like Apple to make them available for free and include all the latest links to good products. No more search required if each M chip powered device
112.
by jcfrei 2y ago
In my opinion you are giving the US government far too much credit. Trump has through his usage of social media created a weapon that he can strike at anyone that stands in his way. With all branches under Republican control there's si
113.
by jcfrei 2y ago
https://archive.ph/Dg180
114.
Should Human Life Be Optimized?(nytimes.com)
4 points by jcfrei 2y ago|1 comments
115.
by jcfrei 2y ago
Just cancel it, make a new Act with a different name and equal purpose, claim victory. Seems to be the most likely procedure with the current administration.
116.
by jcfrei 2y ago
Some AI company could buy it and add some subscriptions based AI services. Or package it with optional but very popular and lucrative VPN, etc. There's a lot of potential business models apart from feeding advertising algorithms. Besid
117.
by jcfrei 2y ago
If chrome is no longer owned by Google I'll use it. That's the reason I switched to firefox in the first place.
118.
by jcfrei 2y ago
Inserting standard Google quote here: If you're not paying for a product, you are the product. Google is taking care of their actual customers (btw. that includes US Government): Businesses who pay to have an entry on Google Maps, yout
119.
by jcfrei 2y ago
The real revolution will come (hopefully) when voters start using LLMs to figure out which of their representatives actually vote for policies that improve their life.
120.
by jcfrei 2y ago
I use a Garmin edge 830 for cycling and it feels like one of those devices where software engineers hated every minute developing the GUI for it. I can only imagine that the reason garmin is profitable is because they keep the same cheap ha

More ›