@himes369 The first 90% of a game takes 50% of the time. The last 10% take the other half. This is 1%. I dont think this will impact the games industry much. But the general capabilities have some usefulness
@DVSignals Magnitude probably depends on Warsh's first meeting. I'm leaning towards transitory inflation, core inflation printing .2 means inflation is well contained in the energy sector, but they must remain data dependant in case the war lingers. Also talk of ai productivity boom.
@VaibhavSisinty Heat doesn't radiate out into space as fast as movies make it out to be. Yeah the temp is very cold in the shade but you can put your hand on 32 degree steel and styrofoam, and the steel will feel much colder even though they are the same temp. Space is basically styrofoam.
@davidpattersonx Nah... I work with AI to create software for a local business. I can do it at a fraction of the cost, which allows me to improve workflows that wouldn't have been worth it before. No way in hell AI is going to just blanket do it. It's still soooo far off.
@APompliano Old: Software manages your business.
New: AI does it and it looks like this.
AI, the client paid the full invoice amount this year including commission.
No AI, the invoice already included the commission.
NO, the sales taxes only applies to the commission.
WTF are you doing!
@APompliano Coordinating all the interactions in a business workflow with exceptions to the rules all over the place is not easy. AI agents honestly aren't that helpful because the process takes a lot of finesse. We are working on it for 1 business, its faster than before but still slow.
@AtlasShrug1@NorthstarCharts Other reasons gold could go up: A falling DXY, higher inflation numbers but the fed calling it transitory, japan debt crisis, bond yields causing banking crisis.
@theswansjr "Bitcoin is backed by energy."
Let me stop you right there.
Energy costs in both resources and effort. Bitcoin's existence is a constant drain on society as a whole. Yet what it provides for that cost is miniscule compared to other forms of money.
@gbitco_@BitPaine I agree, if mstr starts selling, that means they aren't buying. Even small amounts would have people joining the bandwagon and bitcoin would fall substantially, making mstr even more likely to sell more. It's a doom loop.
@NotA_Bull Massive capital expenditures to build out AI infrastructure spreads a lot of money around driving growth. If those expenditures don't return profits, then everything collapses in a rush. Same thing happened in 1999.
@Hillie1971@jsblokland Gold was continuing to consolidate after the runup. The war caused countries to sell gold to get dollars to buy oil. Also the high oil prices pushed up US inflation numbers which raised fears of a fed hike. These are positive for gold in the long run, but not in the short run.
@badcharts1 You are doing a pure chart analysis and missing other incredibly important correlated data. All your great gains are:
Nixon Shock, Hunt brothers, Dot com crash, 08 financial crisis, covid.