I’m amazed it isn’t more.
Victim of Communism
- 4 Posts
- 75 Comments
- UnderpantsWeevil@lemmy.worldtopolitics @lemmy.world•Epstein-Tied Billionaires Have Spent $1.6B on US Elections Post-Citizens United, Report FindsEnglish111·16 hours ago
- UnderpantsWeevil@lemmy.worldtoTechnology@lemmy.world•OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's financesEnglish141·16 hours ago
Despite the popular fantasy, the rich and powerful are not stupid.
Uh… famously untrue. Mental illness has plagued monarchs, pharaohs, and caesers for millennia. That’s long before you get to all the quirked up white boys and trad rad girl bosses currently running things.
You don’t know more about a company or market from passively consuming headlines than the leadership of that company.
Okay, but you can review their balance sheets and their primary lines of credit. Case in point, Sam Altman is heavily reliant on three big financial partners - Softbank, Oracle, and NVIDIA. Two of these are - themselves - hemorrhaging money thanks to large capital outlays that have failed to produce substantive returns.
There are finance journalists who get out ahead of this and report their own analysis. And you can find that in a thousand different private journals, substacks, and podcasts. But you can also go do the grunt work yourself if you’re ambitious.
OpenAI’s financials have been disclosed already (although the official SEC filing is still upcoming). So… just read them if you doubt what you’re reading in the news. But it’s not some kind of secret that the business is operating at a loss, with a fixation on debt-fueled growth. The argument is over future projected revenue, which isn’t something business leadership can be any more certain of than a passive media consumer.
I definitely get the knee-jerk impulse to announce “business professionals know more about business than internet idiots”. Because, sure. True. But the idea that business professionals don’t routinely make bad decisions has some pretty historic well-established counterpoints.
“The business people know more” line is akin to saying “This used car dealer must know more about the vehicles on his lot than I do, so I can trust him”.
- UnderpantsWeevil@lemmy.worldtopolitics @lemmy.world•US House to vote on bill to make daylight saving time permanentEnglish101·1 day ago
The answer is simple.
The government shouldn’t be telling us what time it is. We should leave that to the private sector. And you should be required to pay for a subscription to know what time it is.
- UnderpantsWeevil@lemmy.worldtopolitics @lemmy.world•US House to vote on bill to make daylight saving time permanentEnglish5·1 day ago
Was going to say. They already passed this, and then the Senate dragged it’s feet
- UnderpantsWeevil@lemmy.worldtoPC Gaming@lemmy.ca•Xbox's CEO wants its games to cater to 'more than a billion people each day', or 24 times more than the peak population of Steam, which is delusionalEnglish4·1 day ago
The world is in a leadership crisis
- UnderpantsWeevil@lemmy.worldtomemes@lemmy.world•Remember: the worst thing she can say is no.English43·1 day ago
That cave is shaped like a vagina.
- UnderpantsWeevil@lemmy.worldtopolitics @lemmy.world•Trump says Iran called to make a deal after U.S. strikes; adds it’s unclear if war is back onEnglish12·2 days ago
They called from the Islamic Republic of Japan. They said “Seven Days”, so we have seven days to make a deal, folks. They’re sending someone over to negotiate. Very pretty girl. Long hair. We love the long hair, don’t we folks? She’s coming by well, and straight in through the TV. Amazing transportation system they’ve got in Japan.
- UnderpantsWeevil@lemmy.worldtopolitics @lemmy.world•'WTF': Critics Crush MAGA Senator Over 'Blatantly Racist' New Fortune Cookie MomentEnglish21·2 days ago
this moron is going to crush American innovation and leave China unfazed.
If millions of people are going to vote for the crumbled cookie lady in her anti-China jihad, it’s the best outcome we could hope for.
- UnderpantsWeevil@lemmy.worldtoGames@lemmy.world•Sony's Disc-Free 2028 Plan Hands it Total Price Control, Dutch Group Warns in Exclusive Wccftech Statement as €400M Lawsuit EscalatesEnglish1·2 days ago
Tbh, I think Valve needs to design an addon for the Steam Machine that’s a blu-ray player that hooks onto the side or bottom
Congratulations, you just invented Sega CD.
- UnderpantsWeevil@lemmy.worldtoGames@lemmy.world•Sony's Disc-Free 2028 Plan Hands it Total Price Control, Dutch Group Warns in Exclusive Wccftech Statement as €400M Lawsuit EscalatesEnglish5·3 days ago
This is a feature they’re rolling out, specifically with an eye towards the PS6. As far as I’m aware, that console hasn’t even been released yet.
If Sony is retailing games for $100 on their new console, that would strongly dissuade me from buying the console.
A PC without Steam is still a PC.
When the PS2 released, it was a cheaper blueray player than the current iteration of retail blueray players. People would buy the console just to watch movies.
The direction consoles have gone make them more like PCs with a home entertainment configuration than video game machines with some extra bells and whistles.
- UnderpantsWeevil@lemmy.worldtoGames@lemmy.world•Sony's Disc-Free 2028 Plan Hands it Total Price Control, Dutch Group Warns in Exclusive Wccftech Statement as €400M Lawsuit EscalatesEnglish28·3 days ago
total price control
Isn’t this the same line they used with Steam?
Can’t you just… buy a different console?
the rest of the world doesn’t run that way (which isn’t possible)
It is possible. And the bitter irony is that it would be better for everyone on average. Just not better for a few specific people on the whole.
When sea rise lifts things a couple of meters, billions are displaced.
Where will they run to? Not the US Gulf Coast or the Dutch flatlands. Not to the low lying Caribbean Islands or the coastline of Japan or Australia.
The most Climate Change friendly regions are going to be high altitude but still retain access to lots of potable water. Curiously enough, that looks like… Iran, Venezuela, Afghanistan, and the Horn of Africa.
All those Western yahoos screaming about illegal immigrants are on track to become ones. And right back to the countries they spent generations pissing off.
- UnderpantsWeevil@lemmy.worldtoTechnology@lemmy.world•“This Is Unfair” American A.I. companies say Chinese competitors are copying their A.I English1·4 days ago
The fine troy ounce is the traditional unit of appraisal.
- UnderpantsWeevil@lemmy.worldtomemes@lemmy.world•The kids are going crazy for these thingsEnglish87·4 days ago
Thought Bubble
“Dad’s laughing, but I’m about to host the most epic LAN party of my life”
Or do you mean to force them off their lands
When you call in the A/C repair man, does the technician steal your property as part of the installation/repair?
Or peacefully migrate to areas that are sustainable and contribute to the project of rebuilding.
But, again, the capacity to build and supply life sustaining amenities and the political willingness to distribute them in order to curry political favor rather than just generate profit will be central to a country’s power projection into the late 21st century.
bulldoze these people’s homes
You appear to be suffering from an Israel moment
Fertilizer has been at the heart of an enormous uptick in arable land and crop volume. That’s the direct result of fossil fuel infrastructure.
We are farther away from extinction than we’ve ever been.
I’ll concede that trying to soak Altman for $14k/mo when he’s already hemorrhaging billions is a bit like pissing in the river.
I might ask what you plan to do with the $14k in tokens you’re burning. If you’ve got a material use case for them, and Altman wants to sell you $20 for a nickel, go wild.
But half the joke of AI is that you’re burning tokens to do nothing. That’s why businesses recoil as soon as they’re asked to justify at-cost AI spend.