I have no confidence in Intel’s long-term prospects.

Break free from the solution they resorted to in the pursuit of profits? Too bad that backfired, but it’s okay since Intel can keep making subpar products as long as the government has their back.

I’m more concerned with the threats from the people in charge of the system, but whatever gets them to the conclusion that it’s a bad idea is fine with me.

Wait until you hear about the NSA. Hell, with all this talk about security threats, there is one stark example of israel planting bombs in pagers, but no one in the west is talking about banning technology coming out of israel.

We have to vote for hitler because worse hitler might win instead.

Now do israel.

Perhaps we were invaded long ago.

Wow, I completely misread that post. Now I’m wondering if I replied to the wrong message or if my brain just completely crapped out.

I know you’re being reflexively downvoted by who hate everything AI, but this is the sort of thing AI should be most useful for, which is finding patterns within large problem spaces with many variables.

Which is especially worrying considering the interest rate:

(source: https://fred.stlouisfed.org/series/TERMCBCCALLNS)

Sure 11% is excessive, but I can’t see it drop like a rock any time soon.

How about when the AI pyrite rush stops? That’ll mean a hell of a lot of shovels no longer being sold. That combined with wall street expectations of never-ending growth will mean a dramatic drop when revenue is a fraction of what it was just a quarter or so ago. You’ve already pointed out that AI isn’t turning out to be a great source of profit, so it’s clearly not sustainable. All other avenues of business you mention pale in comparison to the business that AI hype brought in.

Right, over the long term prices go down, but it still greatly annoys me that they jacked up prices in the short term. Thankfully I have no need to purchase any storage and won’t for years.

I’ve only looked at the consumer space and all I’ve noticed is that SSD prices were finally going down after stagnating for years, but then the manufacturers said that prices are too low and they intentionally slowed down production to increase prices, so prices are actually higher than they were a year ago.

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How do you short a privately-held company?

Now imagine if they had to pay for the content they’re training the models off of.

Grocery prices is actually a great example of official inflation numbers being underestimated. My grocery bill has increased by a minimum of 50% (and more like 100%) since the pandemic, but official numbers put it at about 25%. They have a basket of goods that they base their numbers off of, but that basket changes and my suspicion is that they change it in a way to make the numbers look better than they really are. In my case, I’ve been buying the same stuff all along (i.e. mainly simple non-processed ingredients) with modifications only to try to reduce my bill (e.g. I haven’t bought any eggs over $2 a dozen, which means I haven’t bought eggs in a long time).

I sarcastically pointed out “at least TVs are cheaper” because yes, there are categories where some things are cheaper, but the far more important categories of housing, education, food, and health care have experienced ridiculous amounts of inflation.

Exciting to see all sorts of batteries for different applications. Is lithium-ion still standard for home power backup? I’ve heard characteristics of the new sodium-ion batteries being ideal for that use case.

Inflation adjusted looking pretty flat and that’s if you trust their optimistic inflation calculations that likely underestimate it. Housing, education, and health care greatly outpace inflation btw, but hey, at least TVs are cheaper.

A new pet on demand!