Headline from 1845.

Very, very few of the rich hoard money. That's not how you get rich, and it's also not what the ones who inherit tend to do.

"People say the darnest things."

We can't have "AI is able to detect incredibly obscure security vulnerabilities and exploit them as zero days", and "AI is incapable of producing secure code" at the same time.

I guess the days when passing a formal logic course was required to get a CS degree ended a long time ago.

Most people can recognize a car when they see one. Very few of those people can build one.

It's dangerous to hang around with a bunch of people who constantly talk about what awesome and smart and world changing leaders you all are.

Cryptocurrency has as many objectives as there are nerds involved in it. They change whenever one isn't working out so well too.

Agreed. If you don't know what you're doing it's hard to even ask for the right thing or know what's possible. For example: I'm currently developing a system that uses a local AI to help debug internal issues. The initial incarnations of it were very slow to start up each command; clearly, it wasn't doing proper KV caching and was having to prefill every turn; it required patches on the llama.cpp fork and our API wrapper, and also adjusting the system prompt to keep variable content at the end. But if you have no idea about KV caching issues, how do you even know something is wrong with the backend, let alone what to tell the AI to fix? You'll end up deciding you need to upgrade the GPU instead.

(That said: "lovingly handcrafted" code is a hilarious phrase that should give any developer who's ever worked on a big corporate software project the giggles, and also, these software devs are clearly people angry at knowing they're going to be let go looking for revenge by badmouthing their boss to the press)

People say the darndest things.

It's pretty easy to calculate the expected return of the stock market over any period of time you desire. It's positive. Still. When that changes in the short term we run around screaming our heads off. If it ever changes long term we're fucked.

What I cannot wrap my head around is that trillion dollar Google, trillion dollar Facebook, etc are all still just advertising firms.

That was a while ago. Google is 3.5 Trillion. Meta is 1.6. They're both much better at advertising than the NY Times and their cost to show ads is much lower.

It means it has less value than the purchase price indicates.

Accounting practice usually includes some incremental depreciation on things that lose value over time. For tax purposes that rate is often specified but you can also use different rates. The idea is for the books to better indicate the actual asset value rather than freezing it at the purchase price until it's sold or disposed of.

Escape from Pluto is much easier, and the Pluto-Charon distance is 1/20th of the Earth-Moon distance.

Of course, that's why they hid the disclaimers in the article where nobody reads them. I seriously doubt Anduril actually cares about any of that, or even takes it seriously. They want to sell some expensive laptops to the US military and "USA USA USA" currently turns enough peoples' brains off that it makes a great marketing slogan.

You've got a shovel and you're determined to dig hey? Well, have at it!

Thank god for that. It was hard enough to learn 9 (now 8) planets at school. Can you imagine having to learn all the names if the hydrostatic equilibrium definition held?

Since when does science work by a standard of "what is easy for children to memorize lists of"? Do we say "There are 8 rivers in the world, and all others are dwarf rivers, which really aren't rivers" to make it easier on kids? Do we say "There are 8 bones in the human body, and all others are dwarf bones, which don't really count as bones"?

That's not how science works. Science is focused on practical distinctions about how things developed and their physical properties relative to each other. Hydrostatic equilibrium is a very practical definition. The process of undergoing relaxation induces metamorphism and releases heat, altering bodies. You go to non-equilibrium bodies if you want to study the primordial makeup of our solar system. You go to equilibrium bodies if you want to study tectonics, volcanism, non-primordial chemistry, and search for past or present life. The boundary could not be more meaningful. Yes, there is a bit of fuzz between equilibrium and non-equilibrium, but the same applies to pretty much all scientific fields.

holding the value of the asset directly on the blockchain. For example, the blockchain holds the actual bitcoins I just mined.

WTF does that mean? A blockchain holds numbers. That's it. There's no such thing as "a bitcoin." Bitcoins are numbers. The Bitcoin blockchain has a mechanism where transactions (not bitcoin) are trackable, but that's definitely not the same thing as "value."

physical share

What is this? A share is a portion of a company. There used to be certificates that said you owned some number of shares but those weren't shares, they were just pieces of paper that proved ownership, and even those are virtually unheard of today.