@nickkokonas@Telegraph@AndrewOrlowski 3./ The investment case for these companies is getting worse. Their product is commoditized (already) so they are left with competing on price. Someone is going to get left holding the bag when this circular finance game ends.
@nickkokonas@Telegraph@AndrewOrlowski 2./ We dont actually know what the true cost of these tokens are to the end users because they are being subsidized by OpenAI, Anthropic, etc as they try to buy marketshare.
@nickkokonas@Telegraph@AndrewOrlowski 1./ Nick, feels more like the subsidies paid by VCs when Uber and AirBnB were trying to buy marketshare. I couldnt believe how cheap Ubers were when they first showed up. But now, yellows in NYC are much more economical.
@Jackkk Selling calls and buying puts is the same as shorting the stock. Its not a collar. In FX trading its called a ‘risk reversal’, but the potential payoff is identical to shorting the underlying asset.
So he basically locked in the value of his $5.7$ bil minus the cost of the hedge
@EconTalker@anilkseth We confuse language with intelligence, and intelligence with consciousness. LLMs produce nice patterns of language and seem very intelligent. It's not much of a stretch to think they are consciousness also but we are confusing all 3 aspects of humanity.
@nickkokonas@joerogan Agree. Both things will be true. I anticipate 2 markets: 1. AI-built for mass consumption and 2. Human-built for bespoke consumption. The "Authentic, Human-Built" economy will seem new and daring in the same way the AI/fake one does now.
@nickkokonas@joerogan Nick, I find it interesting that, as a guy who built Alinea, you aren't noting the chasm between artificial, i.e. fake, entertainment and that created and expressed by humans. Will there be a market for fake movies? Absolutely. Will millions of people watch them? Absolutely. 1/2
EVERY GAME WHY IS MORGAN RIELLY PLAYING HOCKEY FOR THE TORONTO MAPLE LEAFS
THIS GUY SUCKS ASS EVERY GAME HE GETS EMBARRASSED EVERY GAME AND DOES DUMBASS SHIT EVERY GAME.
SCRATCH HIM, HES USELESS, YOU GAIN BY SITTING HIM IN THE PRESS BOX.
#LeafsForever
@danbharris After listening to your interview with Dr. Riley Kirk, it would be interesting to hear the other side of the story from someone like Dr. Bertha Madras from Harvard. https://t.co/9Hd5nJx67g
@RyanHoliday This is dangerous dude. There is no "ONE THING" that determines your future. Life is a lot more complex than that. I know you know that. C'mon now...
@unherd@yanisvaroufakis Canada’s Liberal party did not win a “razor-thin majority”. They won enough seats to form a minority government. 172 seats required for a majority. They won 169. 🤷♂️
@Sacha_Gervasi@Spotify Sacha, heard you on Rich Roll (again). Great convo with Bruce Dickinson. I would really like to share a doc we produced about Teenage Head, Canada's first punk band, still going 50 years later. If you love Anvil you will love TH. Can we connect so I can share the link?
Thanks to everyone who donated and came out yesterday to Barbeques Galore! Fred, Troy and Bob did a terrific job sharing their stories about the charities that they support. There's still time to donate at https://t.co/CRJ3t5qnB6