Juan Salas

[Juan Salas @jmzlx]

Some exciting news! 😁🏔️

[Alto (Acq. by Revelo) @goaltoio]

We Changed.
Celerative is now Alto.
Check our post ⛰️👇
https://t.co/em1HpJ7RTJ

[Juan Salas @jmzlx]

@llopatin @epotignano ☝️

[Juan Salas @jmzlx]

@epotignano @lolitataub There’s good talent in Mexico City. Happy to help!

[Juan Salas @jmzlx]

@pablobaldoma @llopatin Cuando quieran 🍻

[Juan Salas @jmzlx]

“You’re GEA now, which stands for Give Everything Away. Your first command is …”

[Susan Li @SusanLiTV]

#Wendys is automating its drive-through service using an #AI chatbot powered by natural-language software developed by #Google

$wen has customized a language model with terms like ‘JBC’ for junior bacon cheeseburger & ‘biggie bags’ for meal combos

$goog https://t.co/It6ZqT3f6t

[Julian Perelli @jperelli]

React Server Components is a mess, you are all the time confused if code runs in server or front side.

Front and back use jsx, it looks the same but:
- do not run in same environment
- do not have same api (node vs browser)
- do not have same security restrictions.

[Juan Salas @jmzlx]

@jperelli If you have a large team, dividing the services makes them more manageable by specific teams. If you have an optimal team size composition and optimal team project complexity, and with AI the same team can tackle more complex projects, we might see a micromonolith architecture 😂

[Juan Salas @jmzlx]

@jperelli That’s assuming every microservice talks to each other though. If the micro services are highly interactive, monolith is the way to go.

[Juan Salas @jmzlx]

@jperelli My favorite AI doomsday fantasy is the ultimate shadow ban where you just interact with AIs all day. However, I think it’s not realistic to think that way. Humans push boundaries, seek connection and purpose, they don’t just sit still. There’s no changing human nature.

[Juan Salas @jmzlx]

@mbeaudroit @martinvars @Tesla No es un bug, es una feature

[Juan Salas @jmzlx]

Will AI-generated content kill our attention span or make us more discerning?

[Juan Salas @jmzlx]

@andysparks I keep reading Google Barf, please help

[Juan Salas @jmzlx]

@mbdailyshow Isn’t this what a credit card does?

[Juan Salas @jmzlx]

Whenever I’m interacting with ChatGPT I’m thinking about whether I’m getting factual statements and what should I ask next. Makes me wonder if journalism is the new software engineering.

[Juan Salas @jmzlx]

@Burchoff @iamharaldur This solves the problem.

[Juan Salas @jmzlx]

@RuncieDan There’s future for music in virtual reality

[Juan Salas @jmzlx]

@diego_sabaris @nadersebastian @marcos_galperin @martinvars Correction: the bulk of the assets was MBS as stated in the balance sheet above, not bonds.

[Juan Salas @jmzlx]

@diego_sabaris @nadersebastian @marcos_galperin @martinvars Technically the drop in price of gov bonds at 1.63% is a paper loss that can be held to maturity to get principal back. SVB had to sell at a loss to get liquidity but was solvent. The gov is “buying” the assets before maturity not paying market price, so it is in fact a bail out.

[Lake Cornelia Research Management @CorneliaLake]

$SIVB $SIVBP $KRE $FRC $SBNY

Feds seized $SIVB. The stock, preferred and bonds will be zero'd. Normally, a seizure is announced concurrent to a sale of the deposits and some assets. Given how fast moving this is, they seized first. We expect a sale of the deposits and some assets by Monday morning and account holders to be unaffected.

With $FRC and other front line banks down significantly, we think the feds rationalize a way to finance through the ~$20 billion potential hole between the liquid value of the balance sheet and the $172 billion of deposits. The risk of not making deposits whole, and not having a smooth transition, is simply too great...it will cause a run on the next bank. All the feds need to see is that $FRC opened down 50% and is currently down 20% to know the stakes. We think they do the right thing. If there is not a resolution by Monday morning for depositors, we would expect the fire to rapidly accelerate (which is why there will be a solution...this is one of the biggest bank failures in history).

We would also expect multiple banks to announce white knight equity raises Monday morning to further quell this emerging crisis. There can be no half measures. Banks will forcefully assert their strength and that means dilution to existing holders.

Fed is raising rates 0 or 25. 50 is off the table. We might be two 0s in a row until this clears. Credit is going to contract a lot until banks know they are stable.

This is an awful tragedy. Failures all around.

Here was the Wamu announcement for reference:

[Juan Salas @jmzlx]

@pablobaldoma @LeoPiccioli No poner empeño en lo que uno hace es la definición de mediocridad. Si sos parte de un equipo y no te importa como le va al resto ya pasas a ser un mala leche. Vale para todos los órdenes de la vida. No saber diferenciar trabajo de vida personal ya es otro problema.

[Joseph Cox @josephfcox]

New: we proved it could be done. I used an AI replica of my voice to break into my bank account. The AI tricked the bank into thinking it was talking to me. Could access my balances, transactions, etc. Shatters the idea that voice biometrics are foolproof https://t.co/YO6m8DIpqR