nr378

6 ms·

61.
What if AI is both good and not that disruptive?(deadneurons.substack.com)
45 points by nr378 9mo ago|77 comments
62.
Entrepreneurship and Capital(deadneurons.substack.com)
2 points by nr378 9mo ago|0 comments
63.
What happens to cities when the jobs leave?(deadneurons.substack.com)
3 points by nr378 9mo ago|0 comments
64.
Human code review is a crutch(deadneurons.substack.com)
3 points by nr378 9mo ago|0 comments
65.
English is the new programming language(deadneurons.substack.com)
2 points by nr378 9mo ago|1 comments
66.
Ten Papers That Built the AI We Have Today(deadneurons.substack.com)
1 points by nr378 9mo ago|0 comments
67.
The Boring Work That Makes AI Useful(deadneurons.substack.com)
1 points by nr378 9mo ago|0 comments
68.
by nr378 9mo ago
100 SWEs running Claude Code generating 400mn tokens/mo = 400mn * $25/mn = $10,000/mo of revenue for Anthropic 10 SWEs running Claude Code generating 400mn tokens/mo = 400mn * $25/mn = $10,000/mo of revenue for
69.
The Concentrated Economics of AI: Why Cloud Hyperscalers May Be Undervalued(deadneurons.substack.com)
1 points by nr378 9mo ago|4 comments
70.
The Dirty Secret of Million-Token Context Windows(deadneurons.substack.com)
5 points by nr378 9mo ago|0 comments
71.
What if AGI has already happened?(deadneurons.substack.com)
2 points by nr378 9mo ago|4 comments
72.
AGI Is Here(deadneurons.substack.com)
4 points by nr378 9mo ago|1 comments
73.
by nr378 10mo ago
> The simple evidence for this is that everyone who has invested the same resources in AI has produced roughly the same result. I think this conflates together a lot of different types of AI investment - the application layer vs the mode
74.
by nr378 10mo ago
> In python, ..., calling shell commands or other OS processes requires fiddling with the subprocess module, writing ad-hoc streaming loops, etc - don't even start with piping several commands together. You inspired me to throw some
75.
by nr378 11mo ago
I suspect that the asymptotic price of consumer facing LLMs will be 0, much like Search - although just like Search, monetisation potential from ads will be high (perhaps even higher given the ability to truly integrate ads into the result
76.
by nr378 11mo ago
You can hide fields in Python with a little bit of gymnastics: class EncapsulatedCounter: def __init__(self, initial_value): _count = initial_value def increment(): nonlocal _count
77.
by nr378 11mo ago
The "bubble" will burst if it turns out that the demand for OpenAI/Anthropic's services is primarily driven by investment-dollars (i.e. VC money) rather than revenue-dollars. If OpenAI/Anthropic's customers are
78.
by nr378 11mo ago
> Today, we’re pleased to announce a new round of financing: our Series D of $2.3B at a $29.3B post-money valuation. > We’ve also crossed $1B in annualized revenue A 30x revenue multiple on (presumably) relatively low-margin revenue i
79.
by nr378 11mo ago
Palantir is trading at 80x revenue (NTM), whereas Nvidia is only trading at 19x revenue (NTM). Both companies are growing revenue at a similar rate (~50% YoY), and Nvidia has a higher net margin, however Palantir's share price is up 71
80.
by nr378 1y ago
> Remind me again why we need investors to fund bad ideas? Early stage investors generally fund a portfolio of multiple ideas, where each idea faces great uncertainty - some investments will do tremendously well, some won't. Invstor
81.
by nr378 1y ago
> money is just a competitive resource we use to outbid each other for _real_ things That's true, but the thing that's lost is the economic/productive capacity that the money was spent on, that could have been used for oth
82.
by nr378 1y ago
Interest rates set the exchange rate between future cashflows (i.e. assets) and cash today. Lower interest rates mean higher asset values, higher interest rates mean lower asset values. Higher asset values generally disproportionately benef
83.
by nr378 1y ago
> People are sending you shit for free. They aren't sending you stuff for free, they're sending you stuff in exchange for the right to receive future cashflows back from you (i.e. they're sending you stuff in exchange for
84.
by nr378 2y ago
> No, the deposit is a liability with a matching asset that comes with it. The asset is needed to balance the asset. They certainly don't lend it out to other customers When a customer (customer A) deposits $10 of cash at a bank, th
85.
by nr378 2y ago
A bank deposit is both an asset and a liability to the bank - a customer depositing money in a bank expands both sides of the bank's balance sheet. Banks can and do then lend out deposited money to other customers, who can then spend
86.
by nr378 2y ago
The Federal Reserve targeting "price stability" literally does mean that they target prices increasing exponentially by an average of 2% per year[1]. The mathematical form is P(t) = P₀(1.02)ᵗ, where P₀ is the initial price level a
87.
by nr378 2y ago
> Like the U.S. Government prints it and spends it, so its not clear to me that there is a balance sheet of cash being someone elses debt. The US government prints it (“quantitative easing") by creating new money and buying its own
88.
by nr378 3y ago
1. Stock buybacks are always anti-dilutive regardless of the value of the stock, and so investors always benefit as future earnings are concentrated amongst fewer shares (all other things being equal). It's true that a lower price&#x2F
89.
by nr378 3y ago
Businesses are always greedy. The fact corporate profits are up is an effect of inflation, not a cause. A good essay on the topic is: https://www.economicforces.xyz/p/greedflation-lets-try-this-...
90.
by nr378 3y ago
> (University) Education sublely teaches us that the only important problems are those that are very difficult and preferably have never been solved before. Those same problems also make for better blogposts. In the real world the incent

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