missedthecue

6 ms·

91.
by missedthecue 4mo ago
? just because Meta is funding or purchasing power from a nuclear plant doesn't put those plants outside regulatory jurisdiction
92.
by missedthecue 4mo ago
What? You believe that if you remove government contracts they're selling tokens below cost?
93.
by missedthecue 4mo ago
I'm not sure what these have to do? Tesla bought an insolvent German auto parts maker and kept all jobs it acquired. This is proof of what? In staying on track, no I really don't think there will be mass layoffs at Cursor. They ha
94.
by missedthecue 4mo ago
SpaceX valuation isn't based on ARR so juicing it isn't really relevant. And if he wanted to buy ARR for financial engineering reasons, he could buy a lot more than $4B with $60B
95.
by missedthecue 4mo ago
Especially with Elon? It happened one time (twitter) and if you think twitter was appropriately staffed at 8k employees you need your head read. Cursor operates with a very small team, and practically all have equity, so a $60B exit means c
96.
by missedthecue 4mo ago
you can live an 1880's lifestyle working about 5 hours a week. Outdoor toilets, no plumbing, uninsulated housing. Essentially zero healthcare. No lighting after the sun goes down or before it comes up. Little variation in diet and enou
97.
by missedthecue 4mo ago
The labor theory of value is the idea that a commodity’s economic value is ultimately determined by the amount of socially necessary labor required to produce it. I'm not a Musk fanboy and I don't know what the idiot index is, but
98.
by missedthecue 4mo ago
In tears laughing that people still believe the labor theory of value. How is this possible. What's next, bringing back miasma theory and spontaneous generation?
99.
by missedthecue 4mo ago
If companies can be held liable (in spite of very visible disclaimers, ToS, and usage policies) for the output of non-deterministic software, isn't this just a soft ban on the deployment of non-deterministic software?
100.
by missedthecue 5mo ago
Every product adoption success he's had since PayPal has been hardware.
101.
by missedthecue 5mo ago
Last year Chegg was trading below net cash (meaning their market cap was smaller than cash in the bank minus debt). Might still be, I haven't checked in a while. There were maybe a hundred on the Tokyo stock exchange trading below net
102.
by missedthecue 5mo ago
I agree. Enacting the deliberate policy of enforcing stasis sounds very appealing if one is incapable of conceptualizing second and third order consequences.
103.
by missedthecue 5mo ago
Buffett wasn't liquidating textile mills. What would happen is that all the publicly traded New England textile companies themselves would close down unprofitable mill locations to stay alive and would use the resulting cash from liqui
104.
by missedthecue 5mo ago
If you make very good money and childcare is 30 thousand euro per year, why doesn't your wife raise the children instead of outsourcing it? The answer (and I'm not sure what it is in your case) is the ever-illuminating stated vs r
105.
by missedthecue 5mo ago
The "village" that used to raise kids was simply low labor force participation among women.
106.
by missedthecue 5mo ago
There are studies on this in both Sweden and the US. Young men who win the lottery have children at higher rates than the control group. Young women who in the lottery have children at equal or lower rates than the control group.
107.
by missedthecue 5mo ago
A 60 year old man can reliably have children. It is essentially impossible for a 60 year old woman to have children. The risk of defects from poor sperm increase from about 2% in your twenties to 4% in your sixties. However, men do have a b
108.
by missedthecue 5mo ago
Pairing seems to be the primary issue. The old social technology we had to increase the amounts of intersexual cooperation have for various reasons been discarded, but they have not been replaced with anything.
109.
by missedthecue 5mo ago
You seem to be operating on the assumption that stock values are just totally and completely random and the fact that Google is worth $4T is just as much of a possibility as Hertz Rental Car being worth $1.5B If you disagree with the above
110.
by missedthecue 5mo ago
The underlying value of a tulip is the same as it was in 2000 and 2026. The underlying value of Google is much different in that same time frame.
111.
by missedthecue 5mo ago
The value of the stock is your share in the underlying business. Because underlying business changes over time (hopefully for the better) you are not simply hoping another shmuck pays you more, like with tulips, whose underlying value does
112.
by missedthecue 5mo ago
No, that's not the right read. He said bubbles and exuberance still produce lasting value for humanity, even when investors lose money. Big money is going to build infrastructure which is fundamentally required for R&D. They aren&#
113.
by missedthecue 5mo ago
But the parent comment was that one of the bigger costs in these data centers was the interest expense on the borrowed money. A restructuring removes or heavily reduces that amount. The fiber laid during the dotcom bubble never paid back th
114.
by missedthecue 5mo ago
Last year's o3 was more expensive than 5.5 is. Whatever model we are using now is probably be more expensive than next year's leading models will be.
115.
by missedthecue 5mo ago
I would presume the reason they are overclocked is because they are trying to make up for the shortage. In time, the shortage of computing components will be remedied, and tokens produced at lower power pulls will be cheaper.
116.
by missedthecue 5mo ago
"So you have on one end the token revenue trending down, on the other end the training cost going up for the next frontier models, and you need to pay back your 10y debt." Not necessarily, the bond holders could simply take a ma
117.
by missedthecue 5mo ago
Because your employer might make you exclusively use enterprise copilot.
118.
by missedthecue 5mo ago
Offering shares doesn't introduce balance sheet risk like debt does. There is no interest expense. You dilute the shareholders by about 1.67% but if this $80b can be deployed in a way that increases the value of the firm by more than t
119.
by missedthecue 5mo ago
excluding IPO proceeds, existing public companies in the US raise about $200B a year through selling shares on stock markets. This DOES NOT include stock-based comp, which is simply another form of funding operations post-IPO using public m
120.
by missedthecue 5mo ago
They have $100B on the balance sheet. The best time to raise capital is when you don't need it, and the worst time is when you desperately do.

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