never underestimate how big VCs lies.
Readit Newsanon191928 commented on For decades, sleep has been passive xcancel.com/dwdavison/sta... · Posted by u/palmfacehn
anon191928 commented on Anna's Archive: An Update from the Team annas-archive.org/blog/an... · Posted by u/jerheinze
The entire internet needs to be re-designed to stand up against attacks.
- DDOS attacks
- Spamming
- UK like surveillance laws
- LLM scraping
Why is it that there is almost not initiative for this?
because they will come after new design? how do you not see this?
anon191928 commented on Apple and Amazon will miss AI like Intel missed mobile gmays.com/the-biggest-bet... · Posted by u/gmays
> But they are literally so behind on AI
Which AI products are Apple lacking that put them so far behind?
coding, on device photo editing vs Samsung and voice thing from any AI company. Siri is 10 years behind them. do you want more?
anon191928 commented on Apple and Amazon will miss AI like Intel missed mobile gmays.com/the-biggest-bet... · Posted by u/gmays
This is mostly true. Sure apple can make great cpu, gpu and innovate on airpods etc. But they are literally so behind on AI. This time they can't make that innovation jump like they did with iphone because there is no Steve jobs as a tech leader.
Apple now only cares about reveneue and retirement of all those who made Iphone and Macs great. They are rich so they don't need to innovate big until they are like Intel now. But they try creating toys like Vison Pro, and self driving car that was coming for a decade. Just all for the fun of it.
Old company with old leader and 0 hunger for succees. Opposite of all big AI startups today.
As someone who used to be in the writing industry (a whole range of jobs), this take strikes me as a bit starry-eyed. Throw-away snippets, good-enough marketing, generic correspondence, hastily compiled news items, flairful filler text in books etc., all this used to be a huge chunk of the work, in so many places. The average customer had only a limited ability to judge the quality of texts, to put it mildly. Translators and proofreaders already had to prioritize mass over flawless output, back when Google Translate was hilariously bad and spell checkers very limited. Nowadays, even the translation of legal texts in the EU parliament is done by a fraction of the former workforce. Very few of the writers and none of the proofreaders I knew are still in the industry.
Addressing the wider point, yes, there is still a market for great artists and creators, but it's nowhere near large enough to accommodate the many, many people who used to make a modest living, doing these small, okay-ish things, occasionally injecting a bit of love into them, as much as they could under time constraints.
What I understand is AI leads certain markets to be smaller in terms of economics. Wayy smaller actually. Only few industry will keep growing because of this.
Dead Comment
Lifestyle is the only real issue past a few million, particularly if you own your home (and at 10m you certainly would). Beyond that its all status oriented which is where the "should be enough" bit comes in; if its status your after then theres never really enough.
after few million you start securing the retirement and few decades. like what if you live up to 100 or more? Anything below $3million means no retirement now or money has chance to be all spent in next 2-3 decades. After $10Million it's all enough
Almost all your points are eliminated if you just live in a developed country.
I’m very, very far from rich, yet
1. University costs nothing for everyone
2. Good social safety net, but yes, having own retirement savings is very important.
3. Not for school or medical, the two biggest reasons in the US.
4. Free healthcare for all, aged care, etc.
5. Free healthcare for all.
It’s eye opening to see that the American dream is now “live a quality of life that dozens of countries take for granted”.
sure but all of those are not that sustainable long term. Denmark made retirement age 70 and that will change in the future because your social economy is not sustainable. This also includes a lot of government things in USA.
$10M and more buys true freedom and reach to global travel and countries. All of those free things in Europe require certain level of native labor and population aging fast is not helpin that across globe.
Maybe I'm not creative enough but I've tried this thought exercise with friends and it's a fun one.
The question is, try to spend $1bn on stuff. Go.
So then you start with big ticket items (like maybe a yacht or a house). That gets you to your first $500m. After that, stuff gets WAY "cheaper" where you just run out of things generally before even hitting $1bn.
And then at the end of it we try to imagine what it's like having stuff worth $250bn. And there's just no way to make that tangible.
I did try this with my son and he said he'd buy an A-list soccer team. But I feel that starts to get into "buying companies that make you MORE money" territory.
At a much smaller scale, it seems to be that $10mn is so much that you could live in a $2m house (good by any standard in any location), have a stable of cars, have full-time help, fly first class or even private everywhere, and vacation as much as you want. Or am I off by a lot given inflation?
or just look at how many big yatcht Gabe newell owns and try to calculate cost of maintaining them for a year. That alone easily requires $1billion invested in somewhere so returns can maintain the ownership + trips. Also now he now owns shipyard too.