Forgot your password?
typodupeerror

Comment Re:Prediction Markets (Score 1) 61

It's not a remotely level playing field. One soldier who took part in the Venezuela raid basically had orders in hand when he placed multiple bets on the timing of the raid, netting a ton of money. There have been many other examples of inside information being used to stack the odds.

Comment Re:The grift is now right out in the open (Score 1) 61

Unless you're a C-level employee, specifically working in M&A, or maybe as the lead on a truly revolutionary new product (no, your company's Facebook wannabe or thinly disguised open source ripoff ain't it) - You have no insider information to trade on. Sincere belief that your employer's cool new toys are going to change the world ain't it - every company has cool new toys in the pipeline, and most of them are going to flop or at best be just another branded widget.

This is absolutely not true. There are plenty of people in the financial side of a business that have information that is material but non-public, and trading based on that knowledge is illegal, including sudden cuts in spending, audit results prior to publication, and more. HR will be aware of major layoffs. Facilities might be aware of impending site closures before they're announced. All these things can be used for insider trading.

Lower-level people aren't usually pursued because they're small enough to fly under the radar. But that doesn't mean it's not illegal, and it doesn't mean it never happens.

Comment Pot, kettle (Score 1) 83

Most popular subreddits are overrun with bots. r/politics and r/conservative are notorious hives of bots regurgitating talking points at each other. Discussions of Israel and China are always hit by bots spreading the same propaganda. And every little sub is getting hit by bots recycling old posts. If reddit is supposed to be a place for humans then the company sucks at it.

Comment This was always the plan. (Score 1) 97

Keeping social media from harming kids requires curbing the use of dark patterns in software. It would have to apply to the operating systems, web sites, and thousands of apps on every app store. Few politicians are willing to fight tens of thousands of software and gambling companies. The lobbies that would create would make combined militarism contractors, the drug industry, and the oil industry look like ants.

Comment AI gives better answers. (Score 5, Interesting) 85

If I need to know something and I search with Google it kind of sucks. Half of the articles are clickbait, written by non-experts or a shitty AI that was given a garbage prompt. When I go to the web site I immediately have to jump through as many as three popups about cookies. Then, ten seconds after I start reading, a full page popup appears compelling me to sign up for a mailing list. If I am on a mobile browser with an ad blocker the page may refuse to load. On desktop I might get a popup telling me to disable my ad blocker. After all that shit it turns out that the garbage article does not even answer my question. So I have to keep doing this with every link until I either find an answer or give up.

But if I ask Claude it will usually give me a great answer. Sometimes it gives an entire essay. The writing is much better than the garbage I would get from a Google search.

But lately I have taken to just looking it up in books. This month I bought a big Merriam Webster dictionary along with the Oxford dictionaries of economics, finance and banking, and politics and international relations. It's great! Entries are short because Oxford is not cooking up five+ paragraph articles to put ads into. The writers were experts. And they were human. I still resort to Claude at times, and it can be faster, but I like ink on paper.

Comment Re:Did they have 2 complete crews? (Score 2) 70

They already have a planned rotation. There will be two crews, rotating every four hours. This isn't unlike existing long-haul flights, except that instead of the crews rotating at the same time, they will be on two-hour offsets. One pilot will stay for the first four hours, the other for the first two hours. A replacement will swap in at two hours and stay through the sixth hour, and then the other will swap at four hours and stay through the eighth hour, and so on. Qantas said that this will apply to all flights of 20 hours or more.

Comment Re: Enron Husk desperate to stop the stock freefa (Score 1) 148

It's both. The robots are going to be trained to do human tasks with machine learning. Instead of writing complex scripts for every task a robot does the AI can be trained to do ten thousand similar things ten thousand times in a simulation. Which is a pretty smart way to make robot hands pick up arbitrarily arranged objects in a box, or to sort different kinds of boxes in a UPS sorting center.

Of course Tesla will need ten years to figure this out and by then Chinese companies will be five years ahead. Thus this new round of import substitution.

Comment Re: Siri's Decline (Score 2) 140

My problem with telling Siri to play music in the car is that it just stops working. I say "hey Siri" and nothing happens. To fix it I have to stop the car and unlock and lock the phone. Sometimes I even have to reboot the phone. I guess the listening daemon crashes and nothing restarts it. This is really annoying when I have twenty more minutes of driving before my destination.

Comment This is insane. (Score 2) 51

I remember the buildups to the dotcom crash and the 2008 crash. There were lots of signs and doom sayers and there were also lots of people pulling their money out of the NASDAQ and out of banks exposed to real estate bullshit, respectively. This time it seems like the whole world has gone insane and is drunk on meme stock cognac. Anything that involves AI and/or Elon Musk is making paper millionaires. It's like someone went back in time and removed every American equities disaster from the history curriculums and only one percent of us can remember. Hopefully China will be able to step in and save us all because they seem to be the only big economy with a real long-term strategy for anything.

Comment Re: Looks like Nvidia may die as well (Score 1) 51

Probably. Google, Amazon and Microsoft all have their own chips for AI and probably won't need Nvidia in the long run. Anthropic will probably have its own chips, too. So when OpenAI tanks the round tripping is going to be terrible for Nvidia. But if TSMC hoards cash they'll be able to buy Nvidia for peanuts and make a bigger profit off all those chips being sold to gamers.

Slashdot Top Deals

What is research but a blind date with knowledge? -- Will Harvey

Working...