TradingPlaces

That is why they only sold 10%. They think they can keep market depth thin, raise the price, and sell more over time at higher prices when they need cash. This is exactly what Intel is doing with Mobileye. It’s a piggy bank that they will break open from time to time.

The valuation includes the shares Softbank kept (~90%)

I guess we’re back to unquestioning stenography of Tesla “breakthroughs”. My cat “could” also be an industrial breakthrough, though it is highly unlikely because he is old and lazy.

Years ago, my wife and I went to a “make your own wine” thing in Napa. A few months later we had a blind tasting of our two wines, a $12 bottle of Kirkland Signature from Costco, and a $125 bottle. 6 tasters, and the unanimous result was for the Kirkland Signature.

If you’re in Napa, check out the wine making thing. It’s lots of fun. https://www.conncreek.com/visit

“Our stablecoin is backed by dollars, so it is better than dollars.” Wut?

1. Boomers entering workforce en masse (oldest boomers turned 25 in 1971). 2. Women entering workforce en masse.

Summer camp for mathematicians

This certainly explains why Camtek got a surge of orders for their Eaglet-AP inspection machine for advanced packaging just in the last couple of months. https://www.camtek.com/news-and-events/camtek-receives-order...

Thanks Vlad. Another great feature.

It’s a PyTorch superset and they aim to be a full python superset eventually

Another AI ASIC, but this one focused on running inference at scale.

I think this has a lot of potential https://www.modular.com/engine

It will not get cheaper until Nvidia is disrupted on the software side. There is already plenty of hardware that can do this cheaper, starting but not ending with Google’s TPU

If you are in the LA area, this is a nonprofit nursery that only sells California natives. https://theodorepayne.org/plants-and-seeds/nursery/retail-nu...

Mac Studio 2022 64 GB RAM M1 Max. Lots of other stuff running. prefill: 1.1620 tokens/sec, decoding: 2.4105 tokens/sec

I found this discussion of working at the national labs to be very interesting. Maybe that’s the kind of thing you need?

https://news.ycombinator.com/item?id=34414527

I mean, just to hammer this home, Jason had a post about Instagram demoted by Instagram https://www.404media.co/instagram-throttles-404-media-invest...

My view is that software is Nvidia’s moat. There is plenty of hardware that can do all this stuff cheaper, and more coming in the next couple of years. That’s not the issue. The issue is that strong hardware-software link that Nvidia has.

The promise of the engine is the same as Lattner’s LLVM was for compilers: train on the back end of your choice, and run it on the front end of your choice. It is modular.

That breaks the hardware-software link.

https://www.modular.com/engine

Scroll down to the first flow chart. Note how they stuck Nvidia over to the bottom-right. That was intentional. ARM, the cheapest data center CPU hardware and the most prevalent at the edge, is in the middle. They launched with CPU support first, now doing GPUs.

The main dividing line in LLMs and other large models is becoming giant commercial models running on GPU cloud vs open source at the edge or CPU cloud.

Obligatory link to The Wire, Season 3 https://www.youtube.com/watch?v=xO1zxPRRf4g

I look at that inference engine as the most plausible current candidate for Nvidia AI moat drainer.

They handed control of their audience to platforms without thinking about where that could lead. Now they are in a tough spot. But starting a new venture by doubling down on that twenty-teens mistake seems to especially ignore the history

This was not about Mastodon. It was a general comment about X and the fact that journalists have not abandoned it en masse for reasons that should be obvious to anyone paying attention by this point. They remain on X. They took control of their publishing, and I would recommend taking control of their social by running their own ActivityPub server instead of relying on enshittified platforms who are not their friends, and who view them as the enemy. I’m surprised that every news org hasn’t already done this.

Right into my veins

>Much has been written about the failing business model of new media. We have watched how new media companies fail, and it’s not because of a lack of audience, revenue, impact, or vital work. New media companies fail because of a growth-at-any-cost mentality, and venture capital investments made at absurd valuations. Most importantly, astronomical overhead costs make it impossible for journalists to out-earn the cost of expensive office space, the ever-changing whims of management, executives’ salaries, the cost of unnecessary enterprise software, and an endless parade of consultants brought in to figure out what’s wrong.

>It doesn’t have to be this way, and at 404 Media, it will not. We propose a simple alternative: pay journalists to do journalism.

Also, y u no Mastodon?

This is the company that thought it was OK to install an always-on web server on my Mac. Apple pushed a special fix, just to remove it. I already have zero trust in them, and this does not change that.

https://infosecwriteups.com/zoom-zero-day-4-million-webcams-...

Not that impressed with llama 2 70b so far tbh. It’s a GPT3-level bullshit machine imo. But huge advantages in running privately and at the edge, so that’s going to be the dividing line imo. Commercial v free. Small v big. H100s in the cloud v edge

Facebook is working very hard to make the main dividing line in generative AI not company vs. company but commercial vs free. Starting from way behind, they are trying to make that irrelevant.

What do you do if you are the #3 ratings agency, and your ratings never make headlines?

IMO, 2 things:

1. They had internalized the Innovator’s Dilemma so much that everything was existential.

2. The browser was viewed as middleware that made the operating system irrelevant. They viewed lack of compatibility as an operational moat. To some extent this is/was true.

So, entirely defensive to protect Windows and Office.

This is backwards. Vehicle quality has gotten much better, and that means used vehicle quality has gotten much better. Since about 2012, used vehicles have taken over the low end of sales, and now manufacturers in the US are beginning to cede that market to used. For the price of a subcompact, you can get a pickup or SUV with low miles, and Americans prefer larger cars. That’s why average new car price is so high.

https://fred.stlouisfed.org/graph/fredgraph.png?g=17uXw

https://seekingalpha.com/instablog/49663329-trading-places-r...

Enshittification for [EVERYTHING] is going to keep Cory busy for years