twoodfin

8 ms·

151.
by twoodfin 4mo ago
I think Broadcom correctly realizes that no matter what they do there is no long term: In a world of Cloud hyperscalers and containerization, the absolute number of “traditional” virtual machines run by a commercial hypervisor has nowhere t
152.
by twoodfin 4mo ago
This is fan fiction. The reason it matters is as a proof point that the farrago of EU regulation, labor markets, supply chains, trade policy, … is adequate to support battery production at scale.
153.
by twoodfin 4mo ago
If I spend 30 minutes this week looking at my investments, but a fund manager spends 60 hours, that’s a difference in quality and quantity not kind.
154.
by twoodfin 4mo ago
How is that distinct from the labor theory of value? In your model, who’s creating the value other than the labor?
155.
by twoodfin 4mo ago
Seriously, what does “passed along the chain” look like in your example?
156.
by twoodfin 4mo ago
What would that $500 not being “extracted from the value chain” look like?
157.
by twoodfin 4mo ago
What’s imperceptible about what, say, Meta produces? It seems to me everything they sell is perceptible and valuable to the corresponding buyer.
158.
by twoodfin 4mo ago
Ah, the labor theory of value. That makes sense. It’s totally incoherent and unreliable as an explanation for an economy, but it explains the comments in this thread.
159.
by twoodfin 4mo ago
What is being “extracted” from what? I described it as “sitting there” to contrast my viewpoint that in fact it’s not being “extracted” from anything as far as I can tell.
160.
by twoodfin 4mo ago
There’s a fundamental misunderstanding of the mechanics & incentive structure here: Take Mr. World’s First Trillionaire, Elon Musk. He doesn’t have a dragon’s horde, his money is almost entirely invested in SpaceX and Tesla, building th
161.
by twoodfin 4mo ago
Also: Kansas City Chiefs quarterback Patrick Mahomes is well on his way to being a billionaire, assuming he’s not already there. He has natural talent, to be sure, but so do successful startup founders or successful bankers or successful la
162.
by twoodfin 4mo ago
Putting the scale of dollars and the startup world aside, AOC’s comments read that way would suggest a farmer who gets a series of loans from the bank to help him expand his family farm from a $200K sole proprietorship to a $10M sole propri
163.
by twoodfin 4mo ago
What do you mean “extracted”? The wealth is sitting there in his 401(k) being risked through (highly) fractional ownership of various publicly traded business ventures.
164.
by twoodfin 4mo ago
Why should we only count physical goods as benefits? That sounds like a pretty impoverished world to live in. No music, no art, no communication with our friends and family beyond speech…
165.
by twoodfin 4mo ago
Indeed, stock market crashes are the greatest tool for reducing wealth inequality. We should want more of them, surely!
166.
by twoodfin 4mo ago
The U.S. Census Bureau collects tons of data unrelated to the decennial counting for Congressional apportionment. https://www.census.gov/programs-surveys.html The American Community Survey is the most well-known, as it repl
167.
by twoodfin 5mo ago
Right, but cash compensation could be structured the same way, minus whatever would be settled on for the retention value to the employer of the vesting schedule. I get your point. The value of stock isn’t that it’s stock per se, but rather
168.
by twoodfin 5mo ago
What advantages does that have over taking your paycheck 100% in cash and investing in index funds?
169.
by twoodfin 5mo ago
The value of the currency relative to an evolving bag of reference goods.
170.
by twoodfin 5mo ago
What would be the advantages over a VM infrastructure Apple needs anyway and that has a much simpler, more stable “ABI” compared to the Linux kernel?
171.
by twoodfin 5mo ago
Indeed. And that’s why the US has more than 3X the MRI machines per capita than Canada, where they’re all paid for by the state.
172.
by twoodfin 5mo ago
Not really. Medicaid coverage produces comparable cancer survival rates to private insurance when you account for selection effects: https://news.cuanschutz.edu/cancer-center/connections-betwee...
173.
by twoodfin 5mo ago
I’m entirely in agreement with this POV, but I’m also copacetic about it: You could have said much the same about computers in the world dominated by IBM mainframes 60 years ago. Now we have vastly more powerful computers on our wrists (or
174.
by twoodfin 5mo ago
These models are just tools. The economics of many tools only make sense for corporate buyers.
175.
by twoodfin 5mo ago
Yeah, that’s clearly unconstitutional. The government can’t grant or withhold rights and privileges to, say, a newspaper publishing corporation, based on whether the newspaper content is what the government wants it to be.
176.
by twoodfin 5mo ago
So the Honolulu Star-Observer (a corporation, or “artificial person”) only has those rights & privileges that it has been granted by the State of Hawaii? This is going to end up being a nice little windfall for the attorneys and otherwi
177.
by twoodfin 5mo ago
Transfer of money from whom to whom? Citizens United was about spending money on electioneering communications, and whether there was a First Amendment right to do so even if you’re associating in a corporation like the New York Times Com
178.
by twoodfin 5mo ago
What’s an example where it would be accurate to say 99%+ of the interaction is from the bending of space?
179.
by twoodfin 5mo ago
It’s not so much that the recording was made. CCTV has been pervasive in the UK for decades. It’s that the scalable design & implementation of LLMs & agentic systems has made it plausible to automatically annotate, index, and ultima
180.
by twoodfin 5mo ago
If anyone managed to stick around through the later, lesser seasons of HBO’s Westworld , they were rewarded with a shockingly plausible view of the world Ellison is describing. And at a time when most of the computing technology required s

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