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specialist commented on Mark Zuckerberg freezes AI hiring amid bubble fears   telegraph.co.uk/business/... · Posted by u/pera
unmole · 2 days ago
> Cory Doctorow has a compelling theory that the megatech companies have to appear to be startups, or else their share price reverts to normal multiples.

Meta's P/E is about the same as S&P 500.

specialist · 13 hours ago
Nicely spotted.

I regard Meta and Google as ad agencies.

(I'm not smart enough to break out Amazon's and Apple's ad biz P/E separately.)

My quick spot check says Meta's P/E is more than "legacy" ad agencies and (much) less than Google's.

Just observations. I have no insights.

My opinion, based solely on vibes, is the online ad biz (Meta and Google) is more fraudulent than not. If true, than both are grossly overvalued, in that castles in the sky sort of way.

specialist commented on Mark Zuckerberg freezes AI hiring amid bubble fears   telegraph.co.uk/business/... · Posted by u/pera
edmundsauto · a day ago
How does zuck’s net win-loss track record look to you?
specialist · 13 hours ago
The lottery.
specialist commented on Mark Zuckerberg freezes AI hiring amid bubble fears   telegraph.co.uk/business/... · Posted by u/pera
jiveturkey · 2 days ago
you think folks that have experience managing this much money/resources (unlike yourself) are clueless? more likely it's 4D chess.
specialist · 13 hours ago
Zuck is fantastic at transferring wealth. Not so great at creating wealth.
specialist commented on Mark Zuckerberg freezes AI hiring amid bubble fears   telegraph.co.uk/business/... · Posted by u/pera
awalsh128 · 2 days ago
This is why I ignore anything that CEOs say about AI in the news. Examples, AGI in a few years, most jobs will be obsolete, etc.
specialist · 13 hours ago
Author Ted Chiang is the only celebrity AI kibitzer pundit I wholly agree with.

Paraphrasing: Capital will use / is using AI to further bludgeon Labor.

specialist commented on Mark Zuckerberg freezes AI hiring amid bubble fears   telegraph.co.uk/business/... · Posted by u/pera
ajuc · a day ago
World would benefit greatly if EU went ahead with tech tax. It's crazy how much IT companies get away with that would be the end of any other business.
specialist · 14 hours ago
Yes and: As a more palatable form of carbon tax?

Yes, mosedef, I'm all in.

Please post/share any news or tips you find. TIA.

specialist commented on As Alaska's salmon plummet, scientists home in on the killer   science.org/content/artic... · Posted by u/rbanffy
jmpetroske · 4 days ago
Fisheries definitely can be mismanaged. Furthermore, there are issues like international waters, where regulations are hard to create even when they are desperately needed.

It’s unclear to me what your conclusion is, is it that all commercial fishing is bad? Fisheries are definitely not always managed to keep fishermen happy, they are often frustrated with regulations. If you talk to a crabber, they will complain that they are not aloud to crab anymore due to the biologists saying there is not a sustainable crab population. They might go on to say the biologists are incorrect, but they aren’t able to change the regulations to their liking. Talk to an Alaska salmon fisherman during a poor salmon year and they will complain the biologist is not giving them enough open periods and they are losing make money. Even on a good year, captains will complain about the regulations the biologists set. In general, Alaska fisheries are often regarded as the most sustainably harvested in the world. I’m not saying they are perfect, but that fish can be harvested in a sustainable manner. The biologists DO want to ensure the long term viability of these fisheries.

My point is that: - we should continue to research when and why fish are struggling - forgoing fishing completely is most likely not the solution. As long as it is done in a sustainable manner, wild caught fish IS an environmentally friendly sliver of our food supply.

specialist · 3 days ago
> is it that all commercial fishing is bad?

Bingo.

Is commercial fishing the only culprit? No.

Should we address all causes of declining fisheries? Yes.

Will we address even a single cause? Nope.

specialist commented on Making Your Own Merchant Service Provider   voidfox.com/blog/payment_... · Posted by u/progval
elric · 8 days ago
American hate for wire transfers will never sound anything other than irrational to me. Why don't you have an equivalent of Europe's Instant Payments?

The author mentions the storefront pocketing the money, that seems implausible? If an unscrupulous storefront can pocket money that would be wired, it could also pocket money that would be paid by CC.

And then there's the weird thing about payment volumes...that's been a solved problem for half a century?

specialist · 7 days ago
We also have usury, private credit rating services, transaction reordering, payday loans, charging the unbanked to cash their paychecks, required minimum balances, dark patterns, zombie subscriptions, and probably a dozen more grifts.

Our economy is now financialization of everything, rent seeking, wealth transfer instead of wealth creation, ad nauseum.

I'm nostalgic for when we could create wealth by making and doing, and punished people for stealing. (Perhaps it was never true, I've always been delusional.)

specialist commented on OCaml as my primary language   xvw.lol/en/articles/why-o... · Posted by u/nukifw
GhosT078 · 10 days ago
Ada has been held back primary by an image problem that traces back to the high cost and poor performance of a lot of early Ada 83 compilers. Ada adoption has never really recovered from that despite its many technical advantages, and despite the low cost and good performance of several current compilers.

The GNAT Ada compiler, always open source and quite good, has been freely available since the 1990's. It has been part of GCC since about 2003.

There are plenty of open source Ada projects on GitHub and other places although not nearly as many as some other languages.

The Ada ecosystem is mature and complete, particularly the GNAT related tools supported by directly or indirectly AdaCore (https://github.com/AdaCore and https://alire.ada.dev/).

The language evolution has been stable and is still on-going. I have worked primarily with Ada for 30 years. I still work on new Ada projects on a mid-sized team. Most of us just don't participate in forums like this.

specialist · 9 days ago
> early Ada 83 compilers

IIRC, in response, DARPA (et al) did invest in compiler research.

> adoption has never really recovered

Ya. Timing. There's a brief window of opportunity for new languages (ideas) to catch on before the horde of "worse is better" solutions overwhelm the field.

specialist commented on Why LLMs can't really build software   zed.dev/blog/why-llms-can... · Posted by u/srid
mgaunard · 10 days ago
That's not quite true; programmers adjust what the business rules should be as they write code for it.

Those rules are also very fuzzy and only get defined more formally by the coding process.

specialist · 9 days ago
> adjust ... the business rules

Successful projects do this. Ideally, front loaded.

Unsuccessful projects attempt to reify the chaos.

specialist commented on Big Tech's A.I. Data Centers Are Driving Up Electricity Bills for Everyone   nytimes.com/2025/08/14/bu... · Posted by u/moneycantbuy
buckle8017 · 9 days ago
this is nonsense and the author even admits it

> In the coming years, artificial intelligence could turbocharge those increases

the cost of residential power is going up because of the shift away from natural gas towards solar

failing to admit this or worse lying about it is not going to actually help long term

specialist · 9 days ago
You need to distinguish between generation and transmission.

u/specialist

KarmaCake day10661June 9, 2010
About
I almost never downvote. If I disagree, I'll simply ignore you. If I strongly disagree, I reply, rhetorically defeating you with my crushing grip of reason. I also appreciate it when people correct/factcheck me; I hate being wrong.
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