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Comment Re:AI is a Multi Trillion Dollar Tulip mania (Score 1) 52

Yes, it's bad for a lot of employees, because acquirers rarely want to keep 100% of the business going. Many employees are let go.

In the case of Sun, it was a distress sale, so those employees were SOL - there was no appreciated stock price to benefit from, for those who held on to their shares - which I fortunately did not. And look where Solaris and SPARC are today - nowhere. So no, many companies did not survive, and their technology did not survive.

Bubbles are indeed bad, but that's a separate issue from large company and technology survival.

Comment Re:AI is a Multi Trillion Dollar Tulip mania (Score 1) 52

A lot of large companies have been acquired and no longer exist as such. AOL for example, to cite just one.
Even Sun, who called themselves the dot in dotcom, no longer exists. Oracle absorbed them, but much of the technology - Solaris and Sparc - did not survive. The reality is that many companies come and go, and this is no less true of large tech companies.
I only mentioned a couple that I worked at, but there are countless examples such as DEC.

Comment Re:Because the subsidy goes away in October (Score 1, Informative) 94

Since Biden's Inflation reduction act, you can get the tax credit at point of sale. You don't have to wait until tax filing. And best of all, even if you have zero federal tax liability, you won't have to pay it back.at tax time. This is my situation. I bought an Equinox EV on Aug 14 for $24,644 out the door with Calfornia sales tax included. I did not lease for several reasons :
1. the lease has high interest rates built in
2. the cost to buy the car at the end of the lease, would be too high, especially when considering all the previous lease payments
3 the tax credit will no longer be available at the end of the lease, and thus buying or leasing another car is likely to be more expensive.
I certainly don't expect to be able to buy the same car new for $27,644 in 3 years.

The main thing that can disqualify you from taking the tax credit is making too much. Details are in form 8936 instructions.

Comment Re:Ellison (Score 1) 42

Far more than 10% of the planet has heard of Elon Musk, his EV company, space endeavours, influence on social media and politics in the US and other countries. Whether one personally agrees with him or admires his accomplishments, it is difficult to argue that he is not an important figure. Most people haven't heard of Larry Ellison.

Comment Micro-licensing is what we need (Score 2) 26

Not at the robots.txt level, as this gives all the licensing power to the entity that owns the server hosting that file.

Instead, the protocol should allow for AI licensing at the individual document level, so that content creators can choose their terms. This would for example include Youtube videos, blog posts, news articles, social media posts, etc. In other words, micro-licensing.

Comment Re:Shouldnt be surprising (Score 1) 144

Yes, stocks have been doing very well, but there is also inflation to offset it, which will continue. The dollar has been going down a lot, and the tariffs are going to affect many goods.

Re: low salaries, no perks, and overwork - those with enough investments will take themselves out of the labor market rather than put up with that.

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