It's classic Fed jawboning and double-speak. The problem is the Fed chairman can move market mountains with a few words.

If he had told everyone his plan was "interest rates are going up, AND we're expanding the Fed balance sheet", like what is happening now, people would have immediately started dumping bonds and tech stocks and we'd be way worse off now.

So he said the opposite, which just confused people and had zero effect. That's the goal...remain market neutral as much as possible. Which means they spew a lot of conflicting BS.

Also, another consideration...input token cost.

I just made this mistake. I was in a long-running programming session with a lot of context, and I asked an unrelated question, "how to slob a knob" or something like that.

I constantly check my balance and noticed I burned 200k tokens with a simple question.

Then it dawned on me. It included every scrap of information in the session with the request, as it does, juicing me for a mountain of unnecessary input tokens.

So, lesson learned. For each unrelated task, start a new blank session. If you treat it like a never-ending text message contact, the context load (and input token costs) will snowball for no benefit.

The UI for Copilot kind of obscures this, but you click the "+" at the top and select "New Chat" for a fresh session.

Are you tweaking your reasoning level? That's becoming more important lately when managing your token burn.

I'm using Deepseek Pro until a better quality per cost option comes along, but I burned through about 100 million tokens per day ($8.70 at current prices) set at Maximum reasoning. You're basically telling it to torch tokens at ludicrous overkill, but the output is was exactly what I needed for the task. I finished a massive load of work in a few days that I had been stalled on for months because my other attempts at automating it were just not cutting it. And I'm too cheap and unemployed to pay for the equivalent horsepower at the usual frontier model rate.

Disclaimer: No, I'm not working on anything proprietary. Exposing proprietary code to a Chinese model may or may not be a good idea. Also they're about to double their prices.

I hope brain composer software becomes a thing one day. I compose a lot of cool music in my head all the time, but I never have time to actually make it. And even if I did, there is so much friction that you have to make it your full-time gig to do it.

This is what the communists want...everyone destitute. They do not care, period. But not for the reason you think. Any pension or 401k would be wiped out too. Millions would starve to death, or be killed because they were rioting becuae they were starving. Mao and Stalin and their cronies became the new rich and middle class, while everyone else suffered. Why? Greed.

^ there it is, a peasant hot on the rage rat wheel ðY

If only. The markets can remain irrational far longer than you might think.

Especially so because official government economic statatistics have been cooked harder than a 4am gas station hot dog since about 2022

That's an interesting quirk of modern Marxism. A classical Marxist is able to see and discuss contrast, while a modern one attaches any opposing viewpoint to a strawman (fascist, etc), painting the world as a battle of extremes when rather the truth is as boring as the speaker, who sounds as predictable as a Christian admonishing you that they believe Jesus died on the cross for your sins and only through him will you achieve eternal salvation through tedious repetition of canned phrases and no deep understanding of what is said.

Doesn't this place the business at the mercy of the shareholder's whims?

Lol hell no. Most shares are owned by ETF indexes. The way the ETF managers vote determines the outcome, and that outcome can be arranged with a bit of bribery.

Now you know wh most public companies are run by incompetant tumors in suits who don't give a damn about the shareholder. They've been tokenized away from any sort of relevance.

Yeah. I wad laid off in February. Last time I went job hunting (2013) I put out 3 resumes, got 2 interviews, and 1 decent offer that I accepted. The whole process took a week from start to offer acceptance. The other company indicated interest months later and that probably would have turned into an offer if they weren't so painfully slow. I've put in the same quality I did then (tailored resumes, great fit for the position, etc). I'm about 60 in and not a single interview (other than the BS AI phone screens). Thanks to my severance package, I can't collect unemployment right now, so I'm not counted. This is like the worst of the depths of the .com bust

They must have reintroduced it then, because I remember searching for the phrase after hearing they made the change and not finding it

What importance does new memory technology have these days? I remember when an upgrade of memory technology used to make a difference. The upgrade from PC-100 to PC-133 was fantastic and noticable. But, these days? It's difficult to notice a significant difference between DDR4 vs DDR6, let alone the nanoscopic changes that happen when you increase memory frequency within the same technology. I mean, flex your e-peen as you please, but whatever technology upgrade we'd be putting off to expand capacity has exactly a 0% chance of being worthwhile

You obviously haven't been to a Chinese business meeting. I've done it once and it was the most obscene display of decadence I've ever seen

Trump put us there.

The war is speeding it up, but the market has been sucking wind since 2023, it's just sucking harder now.

Same pattern as the other recessions I've lived through. First R&D (aka software engineers, etc) gets steady cuts with whatever lie makes the Wall Street cocaine cowboys bonkers hard (Covid over-hiring, AI advances, etc). Then it spreads to the broader economy. Then they throw in the towel and stop lying about the state of the economy when their pet stock market starts melting down, so they have an excuse to fire up the money printer.

Nothing actually deployed on the road or at home would be able to charge a battery that fast. Nobody is going to rip out and replace the grid to deliver 480V 10kA service to every charging station.