Readit NewsCan you elaborate? You’ve sparked my curiosity.
There’s also a lot of comments in this thread who want LLM companies to fail for different reasons, so they’re projecting that wish on to imagined unit economics.
I’m having flashbacks to all of the conversations about Uber and claims that it was going to collapse as soon as the investment money ran out. Then Uber gradually transitioned to profitability and the critics moved to using the same shtick on AI companies.
Advertising is now a very very locked in market and will take over a decade to shift even a significant minority it into OpenAIs hands. This is not likely the first or even second monetization strategy imo.
But I’m happy to be wrong.
It's hard to read emotions via text. I'm reading that -you- seem to be, with periods between each word, short phrases, &c.
> “Shut up and don’t ask questions” is a very toxic behavior.
c.f.
> > If you want to talk about economic concepts in a forum like this, you should either ask questions or...
It just seems like you're not reading the things I say.
If your intention was to be curious about it, your comments don't convey that.
> Consider if you see everyone around you as the asshole who the asshole might be...
And now you're just effectively calling names.
If you want to talk about economic concepts in a forum like this, you should either ask questions or fill yourself in on the foundational knowledge.
Take a moment a think about yourself here. Really. “Shut up and don’t ask questions” is a very toxic behavior.
Really. Think. About. This.
In this post-truth era it's strangely apt that confabulation in particular happened to be a major failure mode of our shiny new AI tech. Almost too apt for it to be a mere coincidence…
Yes, papi lights are operated by radio. However, not everyone has fancy radios and only has handhelds, their Nokia phone, or their right arm wave…
It’s not all class C+ out there.
I will point out that PAPI lights as part of a PCL system are operated using mic clicks on CTAF radio. These systems are expensive and sometimes you’re landing in a grass field and just need the runway lights so you don’t run into the trees. You can click your mic as many times as you want, you’ll still be in the dark. The only way is to call Phil…
Then you seemed determined to misunderstand, e.g.
> > But it's hard to escape your consumers paying most or all of the costs of those tariffs.
> I think we agree if I'm understanding you correctly, yes the Suppliers have more elasticity and must ultimately absorb this.
This is really simple fundamental microeconomics stuff. If you want to understand it, there's plenty of sources online. If you want to argue it, you should learn the basics first.
Elasticity means you can change your amount produced in response to changes in price.
Producers can’t easily change output, so they bear more of the tax burden themselves. But in the long run, producers can reallocate or exit until they’re producing at minimum(average total cost), which makes supply more elastic and shifts most of the burden onto consumers.
This is stuff that's covered in week 4 of a basic microeconomics class. It gets a little fancier with imperfect competition or heterogenous agents, etc, but predicting tax incidence is basically dominated by this even in advanced microeconomics.
"No you're not, WE are digging a trench!"
Yes fine, but "I am as well".
Sheesh. Also I, personally, do and lead the work of taking the wallet share. So I will stick with "I" and would accept any of my team saying the same.