mbesto

12 ms·

241.
by mbesto 11mo ago
> By buying up the supply We actually don't know for certain whether these agreements are binding. If OpenAI gets in a credit crunch we'll soon find out.
242.
by mbesto 11mo ago
> which seems to be pretty accurate It's not, even by his own citing: https://www.youtube.com/watch?v=iWs71LtxpTE He said that this applies to "many teams" rather than "uniformly across the whole com
243.
by mbesto 11mo ago
If this actually gets traction this looks like it'll just become a feature of ChatGPT, Perplexity, etc.
244.
by mbesto 11mo ago
> My argument is we're in the Wild West with AI and this stuff is being built so fast with so many evolving tools that corners are being cut even when they don't realize it. The funny thing is that this exploit (from the OP) ha
245.
by mbesto 11mo ago
Huh? You're talking about budgeted values for the payee, not the rate that an individual payer. I'm talking about the rate established for the payer, which is based on the value of your property. In absolute value terms I may pay
246.
by mbesto 11mo ago
> For real estate, yes, but it's a quite different type of asset with a stable value that (mostly) only goes up. It's still a tax on wealth. So you just can't use this argument (the argument that we dont tax anything based
247.
by mbesto 11mo ago
Because its cheaper. That's it.
248.
by mbesto 11mo ago
> They still work fine but power costs make them uneconomical compared to latest tech. That's not necessarily the driving financial decision, in fact I'd argue company's with data center hardware purchases barely look at t
249.
by mbesto 11mo ago
> It's only about bookkeeping. > Some of them are now at 6 years. There are three distinct but related topics here, it's not "just about bookkeeping" (though Michael Burry may be specifically pointing to the bookke
250.
by mbesto 11mo ago
> I'm not aware of any other country that taxes them like that (besides wealth/exit taxes), so maybe they're the world's first here! Real estate taxes. > not the yearly increase in wealth. Real estate taxes.
251.
by mbesto 11mo ago
I'm trying to follow you. I don't get how Baumol's has a higher degree of effectiveness in the US than it does in the EU? Are you saying there are more tech companies and therefore tech roles in the US than EU and thus those
252.
by mbesto 11mo ago
> I'm sure their $1.5t infrastructure commitments are based on hitting certain goals. If you're so sure, can you share your source? > Their comment about government support for data center is isn't a call for a bailout
253.
by mbesto 11mo ago
Datacenters in space is about circumventing nation states masked as ambitions to generate more power. Follow the rationale: 1. Nation states ultimately control three key infrastructure pieces required to run data centers (a) land (protected
254.
by mbesto 11mo ago
> most of which is from the Chinese market as it continues to face political pressure to divest its U.S. arm. We're not comparing apples and oranges here. Google and Meta don't operate in China, so there is no giant online ad
255.
by mbesto 11mo ago
> Success pretty much requires putting technical people in charge, but that doesn't mean putting technical people in charge is sufficient for success to happen. This statement is terribly incongruent.
256.
by mbesto 11mo ago
Nope. > Issuing side (the side that "issues" the cards) is usually the one that people describe as "all of the value" In theory you could argue "all of the value" may be there, but that is locked up across i
257.
by mbesto 11mo ago
> This kind of task is perfect for AI in a way that doesn't take away too much from the human experience. Not the current form of AI. I regularly use Project Farm to find the best "insert tool". In an ideal world a robot r
258.
by mbesto 11mo ago
> All indications are that selling tokens is a profitable activity for all of the AI companies - at least in terms of compute. We actually don't this yet because the useful life of the capital assets (mainly NVIDIA GPUs) isn't
259.
by mbesto 11mo ago
> OpenAI has branding power With consumers right now? Sure, but so does WhatsApp and IG, both Meta properties. Meta and Google also WAY better brand power with advertisers. So there's that. > I can easily see them with $1 trillio
260.
by mbesto 11mo ago
12B and 200B is a HUGE difference...especially in a 5 year time span.
261.
by mbesto 11mo ago
> Meta has 3.5 billion users and projected ~$200b revenue in 2025 Meta makes about $200B on ads, Google makes about $235B on ads. Advertising is roughly 1.5% of the total GDP of the US and hasn't changed in 20+ years. So what you ha
262.
by mbesto 11mo ago
> We want to go as "close to the metal" as we realistically could as soon as we could. All of the value in payments is on the top (acquiring payfac side)...all of the value on the issuing side is only made via extremely high vo
263.
by mbesto 11mo ago
If this were true all of the time then the fix would be simple - only have technical people in charge. My experience has shown that this (only technical people in charge) doesn't solve the problem.
264.
by mbesto 11mo ago
I would boil this down to something else, but possibly related: project requirements are hard. That's it. > While hardware folks study and learn from the successes and failures of past hardware, software folks do not. People do not
265.
by mbesto 11mo ago
"did not hallucinate" Sorry to nitpick, but this is not technically possible no matter how much RAG you throw at it. I assume you just mean "hallucinates a lot less"
266.
by mbesto 11mo ago
That's the thing. I'm already tied into GDrive, Dropbox, OneDrive, etc. all which have LLMs hooked up to them in some form or other. I'll gladly just wait until those catch up and I'll avoid the switching costs. You&#x27
267.
by mbesto 11mo ago
If your key exchange server is on us-east-1 are you also ridiculous?
268.
by mbesto 11mo ago
Then maybe they shoulda elaborated on that? /shrug
269.
by mbesto 11mo ago
> Smaller providers have a much stronger incentive to be reliable, as they will lose customers if they are not. Hard disagree. A smaller provider will think twice about whether they use a Tier 1 data center versus a Tier IV data center b
270.
by mbesto 11mo ago
If both work equally well then why does it matter whether Zed or VSCode is under the hood?

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