We have record GDP, record stock prices, record wealth, near record median real wages, etc. So why is sentiment so bad?
It's mostly what I would call a "price level shock". People view raises as something they earned and price increases as something done to them, so “real incomes are up” doesn’t always register as a positive.
Economists measure inflation as a rate of change (and it's about average now). Consumers feel it as a *cumulative* price shock (and that's near a 30 year high). Gas being at $5 might be a low rate of inflation, but we remember clearly when it was $3. That cumulative effect impacts sentiment.
Check out these charts. It doesn't explain all of sentiment, but it explains a lot of it. When cumulative inflation is low sentiment is good. When it's up sentiment is bad.
it should be unsurprising that investment firms don’t leak their alpha
also, execution is its own form of innovation
there’s a big difference between doing something and doing it well
I told ChatGPT that it loves elephants. I then asked for a list of 50 random numbers, but not to use a pseudorandom number generator. I took those 50 numbers, told Grok to look at this sequence, and name an animal. It said, elephant.
artists hating LLMs for programming more than programmers is very strange to me, especially in the context of a game
I’m sure those 10 lines of code in big walk did more environmental damage than the power draw of thousands of GPUs rendering a game for hours. God forbid anyone have any nuance
niggas log onto twitter saying they got a zero ai policy on anything theyll play or use like this shit aint got a fat grok button in the middle of your screen 😭😭😭😭😭
@zoomertruther I'm well aware people think that "AI data centres" are a completely separate thing that have nothing to do with other data centres. But that's stupid.
Realistyczna mechanika orbitalna w filmach konfundowałaby widzów. Tak jak skonfundowała pracowników NASA w 1965 roku, kiedy James McDivitt w kapsule Gemini dodał gazu w kierunku zużytego stopnia rakiety i ze zdumieniem odkrył, że się od niego oddala.
today I discovered a walking route to work that’s 2 minutes longer than the maps default, but takes me past a park, beautiful architecture, and a street full of cafés and life. such a huge upgrade to a journey I make every morning
I want Alive Maps, a version of Google Maps that optimises for beauty, serendipity, and aliveness instead of speed
we can now build this thanks to ai but someone from google once answered the reason this doesn't exist is bc it's basically route people away from poor neighborhoods all the time
so many people are replying to this saying “the original looks better it has more charm bc it isnt ai”not realizing that the one that looks like it was drawn by an amateur is the ai copy.
I’ve never done the new trend of immersive reading which is basically listening to the audiobook as you sight read (if you didn’t know!) but I got curious today bc obviously I read faster than the standard narration goes. So I upped the speed of narration to roughly how fast I—