Colin Best

Business. Technology. Economics. Finance. Views are my own.

[Colin Best @Colin_Best]

@NeilRingdahl Would the drop in production be mostly attributed to some of the “non-core” assets the big guys sold off?

[a16z @a16z]

Avoiding Death on the Yellow Brick Road: Why The App Layer Isn't Dead

The Yellow Brick Road is our shorthand for the path the labs are walking, where they’re committing extraordinary resources.

The reason the labs are best-suited for problems like code generation, writing, or image-creation is because these problems improve with raw model capability: every dollar spent on pre-training and post-training improves product quality.

Meanwhile, the rest of Oz is inhabited by more complex, often vertical problems, that aren’t as simple as giving a business user a horizontal tool with access to standard tools and computer use.

The value comes less from the underlying model’s raw capability (though that’s still important!) than from the scaffolding around it that makes the output trustworthy, compliant, and operational inside a specific industry.

Full piece by @joeschmidtiv: https://t.co/84QN5Mj9T3

[Aaron Levie @levie]

The CEO of Goldman Sachs is taking the other side on the pessimistic takes on AI and jobs.

If you looked at what work looked like a few decades ago and saw how much faster everything is or easier it is to produce the same thing as before - even before AI - you’d certainly have been convinced there’d be no jobs left.

What happens is we constantly just demand more from everything. Instead of automating a task and delivering the same value proposition, but cheaper, we just expect more from the overall product or service. Because some players in the market decides to do more with the automation, and it raises everyone’s expectations. So those that don’t respond can’t compete.

We get more financial analysis from analysts. We get much more comprehensive legal advice. We get more tailored financial services offerings. We get better software in niches we never thought we could automate. Our healthcare providers offer more tests and deeper medical advice. This just goes on and on.

When you move from believing the world is static and you’ll have a better view of how jobs evolve due to AI.

[Colin Best @Colin_Best]

@YellowLabLife @JordiEngineerd Would be entertaining to see Agnico and DSV dance with Tony and Sean back together - for however long that lasts. Camp consolidation in Ontario with more silver optionality in Mexico. Why doesn’t this work? Can’t say personalities..

[Colin Best @Colin_Best]

@DonDurrett $DSV is almost exclusively a gold producer despite its name.

[Colin Best @Colin_Best]

@NiallCMcGee @globeandmail Do we know the details of the land package in scope of this royalty?

[Colin Best @Colin_Best]

@shaneparrish @gdb @gdb - god damn beauty?

[Colin Best @Colin_Best]

@NeilRingdahl Where do you think the biggest potential opportunities for AI are in the value chain?

[Colin Best @Colin_Best]

@Mark_IKN It becomes more deficiter!

[Colin Best @Colin_Best]

@ArrakisGlobal Someone’s been busy the last few weeks 👀

[Colin Best @Colin_Best]

@minenergybiz

[Colin Best @Colin_Best]

@YellowLabLife If you have a strong conviction in the potential of the Vicuña district, where do you invest across $LUN.TO, $NGEX.TO, $ALDE.V, and $BHP for maximum exposure?

[Colin Best @Colin_Best]

@Energy_Tidbits A “functionality of their CRM system” seems like a long ways off of “internally built a CRM system with functional equivalence to their 3rd party CRM doesn’t it?

[Colin Best @Colin_Best]

@veggie_eric This should sit in the performance improvement or operational excellence function with AI any other technology being potential enablers to drive efficiencies. I think creating a role specifically for a single technology is a mistake. Existing leaders should be driving this.

[Colin Best @Colin_Best]

@YellowLabLife @ArrakisGlobal Do you try and fix the operational and H&S issues before or spin the assets off now and let someone else work through those?

[Colin Best @Colin_Best]

@NiallCMcGee @globeandmail I’m here for it. Let him cook

[Colin Best @Colin_Best]

@moneyofminepod This is quickly becoming one of my fav podcasts. Great episode. Waiting for a Lundin ETF to get full exposure to all these world class assets 👀

[Colin Best @Colin_Best]

@YellowLabLife

[Colin Best @Colin_Best]

@YellowLabLife Would find it strange for Barrick to sell off their copper assets after the Board has gone along with this Gold/Copper strategy for years. I wouldn’t mind them refocusing on Gold assets, especially with Four Mile emerging with the potential it has with a much lower risk profile.

[Colin Best @Colin_Best]

@YellowLabLife Do you think FQ would dare to jump into Pakistan after what happened in Panama?