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utyop22
searching PlanetScale…
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61.
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utyop22
1y ago
Tesla's share price is all based on the Greater Fool Theory in the short run. In the long run some of those promises might materialise. But who cares! Portfolio managers and retail investors want some juicy returns - share price volati
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utyop22
1y ago
Are you an investor of Tesla by any chance?
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utyop22
1y ago
Lmao disgusting really.
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utyop22
1y ago
Poor corporate governance is rife.
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utyop22
1y ago
Sort of. Some individuals in society find a way through that and figure out a way to strategically achieve their goals. Rare though.
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utyop22
1y ago
Personally I believe in the ideal scenario (for the fed govt.) these firms will develop the tech. The fed will then turn around and want those law suits to win - effectively gutting the firms financially and putting the tech in the hands of
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utyop22
1y ago
Its not RTO is bad per se. Its the fact that the policy doesn't work in a shitty culture!
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utyop22
1y ago
It has done something - caused a tremendous amount of expenditures with negative returns for claimholders of firms pursuing AI (so far) :)
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utyop22
1y ago
Heres another way to think about it. How has humanity organised itself to maximize productivity throughout time? By means of slavery. What really is h1b at the core? Its a modern form of slavery - it appears to be voluntary in nature (to a
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utyop22
1y ago
There is very clearly tacit collusion by managers of firms in the software production segment of economy. And why not? It benefits them. I get it. But lets be real about it.
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utyop22
1y ago
Lol CGI makes up a tiny portion purely because economically it makes sense.
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utyop22
1y ago
Do you shop in Sainsburys in the UK by any chance? This has happened to me too.
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utyop22
1y ago
"For instance, asking it to rephrase a sentence doesn’t really save me time, but it does give me some alternative phrasing that I might not have thought of." But the real question is - does it matter? What benefit did you get from
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utyop22
1y ago
"When your eyes have seen so much slop in such quick succession, your brain starts normalizing it and you are more likely to stop noticing. There goes your good taste, there goes your critical thinking." Yes exactly!
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utyop22
1y ago
One thing I'm learning to appreciate is true and proper deep thinkers who take the time to break down a product/technology into its characteristics - to determine what the benefits and trade offs are and having the imagination of
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utyop22
1y ago
Ah finally someone who gets it lol. All financial instruments are expressions of trust / promises or more informally known as IOU's. I'm yet to see someone do a thorough economic analysis of how all this blockchain stuff will
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utyop22
1y ago
My feeling is many people want to see change but they forget that ultimately economics is what matters. If you can't make it economically viable, it shouldn't exist. Pure and simple.
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utyop22
1y ago
Indeed. People don't seem to evaluate the benefits of centralisation do they..
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utyop22
1y ago
Such as? Always happy to read clear and direct responses.
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utyop22
1y ago
I dont think it was even that. The developing for the iphone and app store creates lock-in. I believe the rich web page stuff was just to show the potential of what is possible before influencing developers to build for the app store.
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utyop22
1y ago
"In these matters, I always try to keep in mind that technologies aren't themselves disruptive;" That is NOT TRUE! Technologies that are disruptive are those that intrinsically possess features that present benefits that exce
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utyop22
1y ago
Can you call Meta diversified given most of its forward looking revenue comes from IG? Lol.
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utyop22
1y ago
Yeah I question how many people are actually true innovators and researchers. Much of my ideas are the results of deep thought but those really great ideas are sporadic at times!
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utyop22
1y ago
"Perhaps Atlassian was sitting on cash and needed to make some bets Perhaps investors should put on a stupidity discount and discount the value of cash when valuing the value of equity!
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utyop22
1y ago
This only makes sense if you have taxable income :))) and if you dont in the near term, the present value of those tax credits are lower.
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utyop22
1y ago
Its just funny to watch isnt it. The reality is, most people at the top of these firms had great initial success because they had some advantage but over time, you realise that advantage acquired can be explained more by luck than skill. Ve
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utyop22
1y ago
Correct. So whats your prediction for the next 12 months?
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utyop22
1y ago
I have a wide ranging sample of folks I've spoken to and observed their usage.
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utyop22
1y ago
A bubble that pops is caused by an event that triggers a panic wherein people are looking to sell and are happy to reduce their price of selling sharply in order to dispose of an asset. The question we have to ask is - what event will trigg
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utyop22
1y ago
Yeah eventually reality and fantasy have to converge. Nobody knows when. But it will. TBH the biggest danger is that all the hopes and dreams aren't materialised and the appetite for high-risk investments dissipates. We've had thi
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