paxys

27 ms·

781.
by paxys 8mo ago
Small personal projects are really not comparable to professional software development in a corporate setting. In fact your example demonstrates what the article says. Yeah the LLM made coding easier, and probably reduced your shipping time
782.
by paxys 8mo ago
You aren't paid to write lines of code, you are paid to build, ship and maintain products and services, usually in a complex corporate setting with ambiguous and ever-changing requirements. Code is a very small part of the overall pict
783.
by paxys 8mo ago
You don't need collusion, just the VC money drying up. Economic reality will set the base price.
784.
by paxys 8mo ago
The fact that California is pushing this gives me some hope. Walmart and Pepsi engaged in a blatant decade-long price fixing scheme designed to raised prices and punish small local competitors and were sued for it by Lina Khan's FTC, b
785.
by paxys 8mo ago
The federal government regulates interstate commerce. Apple and Google fit that definition. This is really no constitutional ambiguity here. Congress is 100% capable of acting if they wanted to.
786.
by paxys 8mo ago
People in much more important and powerful positions than her (presidents, CEOs of multi-trillion dollars companies, top economists, heck Jerome Powell himself) have been saying this exact thing in countless interviews and business forums.
787.
by paxys 8mo ago
I'm not saying it is totally untrue, but this is the same generic, hedged statement that every business and political leader has been repeating for a couple years now. Unless there's anything new or noteworthy added (and looking a
788.
by paxys 8mo ago
Was Linux owned by a large company? Was the maintainer getting paychecks from that company? Was it profit motivated? Was it released as an AI experiment? If the similarity is "they are both open source projects" then so are about
789.
by paxys 8mo ago
No, not at all
790.
by paxys 8mo ago
You think you'll get better long-term support from an experiment that a single engineer did in his spare time?
791.
by paxys 8mo ago
Investors are valuing it at ~$500B, which already projects massive revenue growth. OpenAI is saying "actually we are going to grow 10x faster than that". And all of this is without bringing up the “profit” word.
792.
by paxys 8mo ago
> OpenAI is projecting that its total revenue for 2030 will be more than $280 billion For context, that is more than the annual revenue of all but 3 tech companies in the world (Nvidia, Apple, Google), and about the same as Microsoft. Op
793.
by paxys 8mo ago
Tesla stock up 15% on the news, probably.
794.
by paxys 8mo ago
It's a shame that the free/cheap password managers that regular people would use (like those by Apple, Google) seem unwilling to loosen their platform lock-in, and others like 1Password mainly target business use and are too expen
795.
by paxys 8mo ago
Even if the cost of software is truly going down (which is debatable), what makes you think the savings will be passed down to you?
796.
by paxys 8mo ago
Because that is what the SEC was created for, and (in theory) it is their job to protect regular invesors from market risks. Now how effectively that works is a different conversation, but at the very least you have reporting requirements,
797.
by paxys 8mo ago
Investors can pressure you when you are worth single digit or low double digit billions. At $100B+ you are calling the shots, and if investors aren't happy they can sell their shares in the next tender offer.
798.
by paxys 8mo ago
You need an annual income of $200K to become an accredited investor. If you don't have that, you anyways shouldn't be participating in risky private markets. If anything they should also restrict options trading, sports gambling,
799.
by paxys 8mo ago
We usually hear about the success stories, but public markets have killed wayyyy more companies than they have helped. Unless they really need the money it's always in a company's own best interests to stay private for as long as
800.
by paxys 8mo ago
If they are ex-Stripe they are likely holding shares, and so yes they would personally profit from going public.
801.
by paxys 8mo ago
Also not true in the case of bitcoin. If I want to transfer money to you I don't have to do it on the chain. I can send you the private key of my wallet in whatever way I want and now you have the bitcoin, zero tracking.
802.
by paxys 8mo ago
The ledger is traceable, the coin is not. Not all transactions have to happen on the blockchain. In fact very few do. If I put $80m worth of BTC in my hardware wallet and physically hand it to you in exchange for a truck full of black marke
803.
by paxys 8mo ago
There's a new one - let the president sue you and then settle for tens/hundreds of millions without a fight.
804.
by paxys 8mo ago
Copyright laws as we know them came into being sometime in the 18th century. The earliest recorded works of art produced by humans are from 40,000-45,000 BC. So it's hard to take the "we'll never have creative output without
805.
by paxys 8mo ago
Did not happen != cannot happen
806.
by paxys 8mo ago
Because copyright laws rarely serve small independent creatives, but rather corporations like Disney that are in the business of hoarding and monetizing culture.
807.
by paxys 8mo ago
> industrial-scale distillation attacks > fraudulent accounts These are not terms used to describe regular users of your software. This tweet is 100% going to show up in court (whether in the current crop of cases or future ones) as a
808.
by paxys 8mo ago
That's like saying every currency note is traceable because it has a serial number. If someone hands you a dollar today can you trace it starting from where it was printed to everything it was used for until it eventually got into your
809.
by paxys 8mo ago
It's more than just that. > President Trump granted a pardon to Binance’s founder, Changpeng Zhao, who had spent four months in federal prison in 2024 for his role in the firm’s crimes. The Trump family’s crypto start-up, World Libe
810.
by paxys 8mo ago
Only because in this case they used a centralized exchange. The amount of actual circulation to countries like Iran and North Korea is likely many orders of magnitude higher that what is knowable.

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