@nrmehta We're past using free cash flow. The debt markets are fully tapped out. Google has already used up equity, and Nvidia is now using securitization.
It feels like deja vu all over again!
Brilliant writing. Must read!
Sometimes the best way to have a beginner’s mind is to be a beginner.
Anthropic is the way it is because they don’t know any better.
@nrmehta@JayaGup10 100% Agreed. In fact when I now go to meetups, I gravitate towards where the early builders, and researchers are. I like their choice of topics, framing of problems and solution ideas free of all the “experience “.
@__tinygrad__ Yes, but they are initialized with weights that are carefully fine-tuned by millions of years of evolution and they have a continual learning loop.
@big_duca@bcherny Because you always end up with the infinite recursion problem.
It plagues almost all recursive functions at scale, including physics with quantum theory, simulation theory and even the Big Bang.
Ultimately, you put an axiomatic stop to it. And humans are the base case.
@levie Great point. When you look for work to use agents, look for work that is logic-bound because that's the part that can be accelerated. I/O bound work especially with human interaction will not benefit from acceleration.
CONFIRMED Los Angeles Pacific Palisades fire victims must still pay 2/3 of their property taxes this year on land that’s been burned to the ground
LA, California Property “Assessor office has looked at the assessed values on an average basis in the fire-hit areas, and it turns out roughly two-thirds of the assessed value of these properties is the land and not the structure, which means all of those properties in the Pacific Palisades, for example, or Malibu, they're still going to be taxed at a very, very high level”
This should be criminal. US Government has lost their minds
@chrismanfrank If you wanna know how Vivek really thinks don’t just listen to his speeches, watch the guy who parodies him on YouTube.
https://t.co/2AdVMtKbxW
@chrismanfrank Vivek just said the quiet part out loud.
Most successful immigrant groups tend to view their culture to be superior and as being material to their success. And as a member of the most successful group Indian Americans, Vivek’s view is no different.
Why can't the left podcast?
Tldr—it's because the left has been hijacked by a stultifying orthodoxy that forces its adherents to say things they don't believe, and nobody wants to listen to the obviously disingenuous. And insincerity kills charisma.
It's not for want of of billionaires, as billionaire-employed Taylor Lorenz argues, and the Republicans certainly didn't "build Joe Rogan" as she implies. (1/5)
“I wish my dad or mom could be my friend. Because you know - they are so cool and fun.” said no kid ever.
But you could be friendly with your kids, while still being their parent. Or no?
This is gold.
Exactly how people think - I have the ability to make lots of money, but taxes are so high that I’d rather spend my life poor, surviving on government benefits.
If you don’t believe me, check out SF homeless encampments—where several demotivated VC’s now live.
When you onerously tax and penalize your society’s producers, the ones who build wealth/obtain assets, you are disincentivizing people from trying. You are destroying the middle class and The American Dream ™️
If people realize they will be penalized for building wealth, they’ll just settle and be poor. Why try? With welfare programs and proposed UBI, there’s never been a better time to give up.
This is our fear with Democrat policy, and even something as ridiculous and nonsensical as taxing unrealized gains (which we think is put in as a negotiation tool to take out later). They are fostering a culture of complacency and a culture of docility. A country does not thrive when its citizens are servile minded.
It works if you’re trying to build a global feudal system of consumers and a small group of providers, but it does not work if you value self esteem and your own communities.