Here an example from CD Project (Witcher and Cyberpunk guys) https://gamerweb.pl/gry-z-serii-gamebook-w-sieci-sklepow-bie... Gamebook, a book bundled with "free" game :)
In general, sellers are obligated to use the VAT rate of the buyer's country, though there's a lot of messiness around the edges there.
(The funny thing is, the _reduced_ rate had been 13.5% for years, but a non-integer rate for the main rate _still_ caused widespread IT problems...)
The problem isn’t new tariffs, but how the USA wants to collect them. It’s mentioned in the article:
“IMAG's Ms Muth said the overarching concern is that many postal carriers are not set up to ‘collect and remit’ the duties specified by Donald Trump's executive order.”
Normally tariffs are collected by the receiving country when a package arrives. Trump wants foreign countries’ postal carriers to collect US tariffs and somehow remit the money to the American authorities… But there are no systems set up for this. The Americans haven’t even provided a way to send those remittances.
Obviously this is not something that postal carriers around the world can just spin up in two weeks, just because the Americans suddenly decided they want foreign post offices to collect their import taxes. So the only option is not to ship to America at all.
Crashes come when there was no real business value.
I use AI all day and I’m sure I’m not the only one.
Indeed. That's why we don't have trains or the internet anymore; once they had their big crashes we knew there was no business value, so they went away.
... I mean, what? You generally can't get a big bubble without _some_ business value, so bursting bubbles almost always have _something_ behind them (the crypto one may be the exception).
For example, Nouriel Roubini calling out the risks of the 2008 Recession before it happened, Michael Pettis calling out the risks of a real estate balance sheet crisis in China before Evergrande happened, and Arvind Subramanian calling out the risks of a a shadow bank crisis in India before the ILFS collapse in 2018.
For AI/ML, I'd tend to trust Emily Bender, given her background in NLP which itself was what became LLMs originated from.
"Fantastic" really means "as in fantasy" https://www.merriam-webster.com/dictionary/fantastic so like witches and black cats and devils and time travel and stuff. "Incredible" means "not credible" as in like a guy who turns green and gets huge when he gets huge may be a hulk but is not credible. Fox News is incredible.
I had a CEO who liked to use the word "incredible" and when his company got bought by a major fashion brand and he said it was "incredible" my first instinct was to check that it wasn't on April 1.
> and black cats
I feel obliged to point out that these do exist.