... other than the chinese. MKBHDs review of the Xiaomi SU7 is a real eye opener. If this really is the new bar for cars and not just China trying to get some stop on deflation. then it's certainly not just the US car industry that is in deep trouble.
Yep, all the biggest from the dotcom era were companies that provided the proverbial pickaxes and shovels, and we *mostly* see that here too (Apple largely being unrelated, Google actually a bit, but not wholly in the game of actually training models, mostly the big players are mostly providing hardware or infrastructure to all these.
The big cautionary tales that everyone remembers like pets.com and webvan had silly high valuations, but no where near the heights attained by Intel, Cisco, Oracle, and Microsoft of the time. It was just so many of those dotcoms sourcing from the vendors propping up their valuations, but the vendors remained viable businesses just as they were before.
Even OpenAI, the most hyped of the hyped purely AI plays is still relatively dwarfed by Meta. OpenAI would be an example of something more akin to the intrinsically dot-com startup. So OpenAI has probably done more for the market valuation of nVidia and Microsoft than themselves.
Of course pre-pandemic, it was around $1200/ounce, and it's been just insane since the pandemic set in until now...
True, still not at the peak, but speaking of adjusting for inflation...
Cisco from 1998 to 2001 had a crazy anomalous valuation that was the biggest of the big examples of the dot-com bubble run amok. That behemoth of a company had an inflation-adjusted market cap of about a trillion dollars. Microsoft was in same ballpark, with Oracle and Intel a bit less, but still big examples of the dotcom bubble.
This time around, Google is 3.8 trillion, Meta is $1.6 trillion, Microsoft is $3.6 trillion, Amazon is $2.5 trillion, nVidia is $4.4 trililon, Apple is $4.1 Trillion....
This bubble is just massively bigger than the dotcom bubble, with just one of the big players this time being valued even adjusting for inflation more than all the big players of the dotcom era put together, and there being a fair number more of them this time. It dwarfs the 2007 bubble in these top few players alone. When this pops, it's going to be mind numbingly severe fall..
This is a real problem. Imagine an AI computer virus swarm, with "Brain Bug" leader AIs building and releasing swarms of tailor-made virii to achieve certain hacking goals at a pace no human team of network admins can keep track of.
Hard cryptographic human-controlled Ident/Auth/Auth, encryption and signage is very quickly going to become a real necessity.
Yeah, this is one area where LLM can certainly make one side more successful. A screw up means either the attack fails, which no worse than not trying or messing up the target system, which may not be the ideal outcome, but it's not like the attacker really cared that much about the target system...
You think the companies are deliberately keeping their models from being professional grade because of some sense of social responsibility?
That is hilarious. They are pushing as hard as they can and hyping it up even more than it is capable of performing. Any shortcomings on their part is not by lack of trying or somehow holding back.
Such a shame that CVE quality is generally crap, as it's flooded with dubious 'findings' from people trying to build a resume as a security researcher. I'm not sure why you assert this is largely still done manually, reconciling with SBOM tools in my neck of the woods is pretty much automated for detecting and flagging issues because *no one* has time to deal with the gigantic volume of CVEs. Of course another problem in those SBOM tools is they have a terrible false positive rate. Trying to follow their guidance 100% may be impossible (complete misidentification) or requires significant work (SBOM tools don't do great with 'backported' fixes, and many software components don't bother with maintaining backward compatibility, so rebasing to a new version is big).
Updating software that is vulnerable is a key component, but I wager a greater general risk is how folks configure and operate credibly secure software stacks in insecure ways.
Sarifs are, in fact, for ease of reading, but point well taken. The justifications are wrong and the people making them are petty assholes.
It's true, seifs are for ease of reading
... in font form.
IMHO TNR and Calibri are both shite, but I can see why one would want to go back to a decades old standerd.
As for calling Calibri "woke" - is this Rubio guy on crack?
Nuclear Fission isn't cost effective
The key part is pricing in the eco-balance of electricity and all other forms of energy and processed goods before doing anything else, like rebuilding fission. Until you do that, ecological damage will always be an unpriced externality and the market price will never reflect the real damage done and your math on fission will always come up short. Example: Meat and Smartphones would be roughly 4x in cost of what they cost today if the eco-balance were priced in correctly. And that's all we would need to do to fix our environmental problems in record speed.
USENET was never this bad.
The audience for USENET and slashdot was about 400 times smaller than the people participating in broader social media. It was much harder for a critical mass of fringe ideas/susceptible people to coalesce into isolated circles when the population was just so tiny.
Australia's youth emerge as the smartest and most together in the world....
Oh should this bubble pop, it will take out a *lot* with it.
A lot of tech companies have effectively retooled themselves so they don't know how to keep being a functional business without the AI hype spending.
The level of dedication to the LLM game dwarfs the dot-com bubble, and so too will the negative consequences...
It's the boiling frog approach to revenue. Start at an attractive rate and increase it by 'no big deal' until eventually it would be a big deal.
See also, microtransactions.
Companies have learned that customers barely pay attention to the absolute costs, and just note the incrementals they incur in the moment.
"I'm a mean green mother from outer space" -- Audrey II, The Little Shop of Horrors
