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davedx commented on French supermarket's Christmas advert is worldwide hit (without AI) [video]   youtube.com/watch?v=Na9Vm... · Posted by u/gbugniot
oneeyedpigeon · 3 days ago
Here in the UK, Tesco is running a pretty similar campaign to the McDonald's one (without the AI): https://www.youtube.com/watch?v=711Cq8_E0oI

I think Brits tend to be more cynical than Americans, though, so it kinda tracks.

davedx · 2 days ago
Seemed pretty realistic to me!
davedx commented on Young journalists expose Russian-linked vessels off the Dutch and German coast   digitaldigging.org/p/they... · Posted by u/harshreality
egorfine · 3 days ago
Unfortunately this is not going to make a dent in the current policies. First of all, russia surveying military bases with drones, really? What else is new? Second, currently there is no way to shoot drones in EU due to variety of bullshit legal reasons.

So this article will change nothing. russia will continue blocking airports and EU won't do anything about it.

davedx · 3 days ago
> currently there is no way to shoot drones in EU due to variety of bullshit legal reasons

Citation?

davedx commented on How Google Maps allocates survival across London's restaurants   laurenleek.substack.com/p... · Posted by u/justincormack
shalmanese · 4 days ago
I never understood why the "collaborative filtering" approach never took off with most review options. Google Maps shows you what the average person thinks is a good restaurant, meaning the rich get richer faster and tiny statistical noise converts to durable competitive advantage.

Instead, I'd love for Google to understand me well enough to show me which restaurants I would disproportionately love compared to other people based on its understanding of my taste profiles. That way, the love can be shared amongst a much wider base of restaurants and each distinctive restaurant could find its 10,000 true fans.

On top of that, it actually gives me an incentive to rate things. Right now, you only rate from some vague sense of public service instead of "this can actively improve your experience with our product".

It's not just Google Maps, Netflix used to operate on the model of deep personalization that they've slowly de-emphasized over the years. I'm still waiting for Letterboxd to introduce a feature to give me personalized film recs based on the over 1000 ratings I've given it over the years as a paying customer but they seem in no hurry to do so. Amazon used to take your purchase history into account when ordering search results but I think that's also been significantly de-emphasized.

About the only arena this is widespread is streaming music services like Spotify.

davedx · 4 days ago
> Instead, I'd love for Google to understand me well enough to show me which restaurants I would disproportionately love compared to other people based on its understanding of my taste profiles.

I mean... this sounds like the perfect use case for a third party app like "My taste restaurant finder"? There are undoubtedly apps out there like this.

I don't think Google Maps (a general purpose maps app) should try to be everything for everyone. It's good enough for what it is.

davedx commented on Palantir could be the most overvalued company that ever existed   247wallst.com/investing/2... · Posted by u/Anon84
rcxdude · 6 days ago
Depends how you do it (I wouldn't put everything in one company no matter how much I liked them), but having money to invest does represent some power over the world so I understand people exercising it (though not why someone would choose Palantir).

GME is not the same thing: while I think there are some true believers in the company itself (and this is part of what drove the initial interest in it), for the most part interest in modern meme stocks is driven by the polar opposite: a kind of financial nihilism that believes hype and gambling on popularity is the only thing left in the public stock market, and they're basically just trying to ride the wave of a crowdsourced pump-and-dump and fleece others via selling to greater fools (and/or creating a cult around a mythical short-squeeze that is reaching ever more fanciful heights).

davedx · 5 days ago
What I find the strangest is Palantir's market cap and long term valuation show that this is not just retail at the margins - it's significant amounts of money buying up the stock despite its sky high valuation. I don't know if it can be sufficiently explained by "individual actors investing ideologically" or not.

Just another day of the stock market being irrational though, I guess!

davedx commented on Palantir could be the most overvalued company that ever existed   247wallst.com/investing/2... · Posted by u/Anon84
rcxdude · 7 days ago
Investment for ideological reasons is basically "I like what this company is doing and want to see it succeed/want to make my returns on investment via it", and that investment helps it succeed, to at least some degree. You also get the opposite: "I don't like what this company is doing and don't want it to succeed/don't want to make money from this activity, so I won't invest in it". ESG investments were largely built up from this (much as they generally turned into box-ticking exercises as opposed to a useful distinction). Of course this is generally going to make less money than "I just want to make money/predict winners in the marketplace", but that's not everything people want to do with their money.
davedx · 7 days ago
The difference being not investing in something for ideological reasons won’t jeopardise your assets; whereas YOLOing your 401k on Palantir because “AI surveillance capitalism is dope lol” is potentially risking significant portions of your future.

Can’t people just retweet Karp on X if they want to “support Palantir ideologically”?

This is GME all over again.

davedx commented on Palantir could be the most overvalued company that ever existed   247wallst.com/investing/2... · Posted by u/Anon84
hunglee2 · 7 days ago
it may well be terrible software, but Palantir are effectively an arm of the new Trumpian state, so guaranteed access (and ownership?) to the largest public sector projects of the largest economy in the world. It's got a good chance of becoming the Samsung of the US, so any value is not an overvalue
davedx · 7 days ago
> any value is not an overvalue

Ridiculous statement. If you're actually investing your money in a company then you need to run the numbers, it's the most basic kind of due diligence you should do.

davedx commented on Palantir could be the most overvalued company that ever existed   247wallst.com/investing/2... · Posted by u/Anon84
uxhacker · 7 days ago
Can somebody explain how the software actually adds value? How is it really that amazing? Or is it just a buzz word?
davedx · 7 days ago
There was a great blog post by an early employee on here a while back that did a deep dive. It's a good read: https://nabeelqu.substack.com/p/reflections-on-palantir
davedx commented on Palantir could be the most overvalued company that ever existed   247wallst.com/investing/2... · Posted by u/Anon84
danpalmer · 7 days ago
Like Tesla, Palantir is an ideological investment for many, and likely why it's so over valued. Retail investors buy these stocks because they're buying into a world view. Tesla's is obvious (and it's not about green investments). Palantir's is a little less so, but they have built up an image that's right wing (but mostly not culture war), military-coded, and layered on American exceptionalism. They sell to the CIA, they sell to ICE, they help private healthcare companies milk their customers. This is all part of a world view that many people are in favour of, and Palantir represents it well. Andruil will likely do well for similar reasons once they go public.

This is not really to fault them. I see the company as far more mature than Tesla. They've cultivated a brand that works well for them. This is also not intended to be a criticism of Palantir investors, there are many reasons to invest, and even if you subscribe to the above that is of course your right! Many people invest for ideological reasons, myself included, and that's fine.

davedx · 7 days ago
> Many people invest for ideological reasons, myself included, and that's fine.

It's fine if you don't mind losing your shirt.

For us normal people, we invest to try and grow the money we've saved for the future (in my case, for my retirement), so investing in a company whose stock is insanely overvalued is a great way to blow up my pension pot.

I don't understand the rationale behind "investing for ideological reasons", can you explain it?

u/davedx

KarmaCake day12130July 27, 2011
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