Poor guy reminds me of that goofy uncle in the family who means well, but just has no clue how anything *really* works.

Historically, I'm not sure there's ever been a situation where some kind of "sovereign fund" was created to collect taxes, where it didn't wind up getting raided or re-purposed in some manner by politicians down the road?

But even beyond that? There's really zero reason to mandate a huge, 50% tax, on AI companies doing more than X amount of annual revenue. You know what will happen then? It'll drive them to break themselves up into a number of smaller businesses that avoid the tax. But it'll be business as usual otherwise. You can't stop someone from owning 50 smaller AI companies instead of one big one.

Depends on how solvent NVIDIA thinks those companies will be. Also I think creditors frequently get paid earlier in a bankruptcy process (before investors at least). Maybe they have it structured like a mechanics lien where they get 100% of the loan back on bankruptcy (I don’t know if that is actually possible), or if they just huger that in a bankruptcy they will get about 80% of the loan back, so they want to make the loan as far ahead of bankruptcy as they can so they get a bunch of payments followed by bankruptcy and then they get a chunk of money awarded by the bankruptcy court (and/or maybe return of the assets?)

Ah! I think that is the one! I bet they are structured as a secured loan, so on bankruptcy the bankrupt company can either surrender the assets (the hardware Nvidia loaded you money for), and Nvidia keeps all prior payments. OR they sign a new agreement both the company and lender agree to which is then omitted from the bankruptcy discharge (i.e. the new agreement can’t be washed away by bankruptcy, so if you still owe say $3m Nvidia can stand firm on that price, or even knock a little off, but whatever is agreed to the bankruptcy court leaves it to stand -- normally, sometimes they will decide there is some sort of bankruptcy fraud going on and you are sheltering money with something like that, normally only if family or close friends are involved though), or the company going into bankruptcy can pay Fair Market Value for the property.

Nvidia might get screwed if companies going bankrupt decide it isn’t worth salvaging the AI hardware either because they pivot to a non-AI busness, or at least a busness where they don’t need Nvidia hardware (like they rent “AI compute” from Google or something, or only needed the Nvidia hardware to refine models and they decide to just run the models they already have and not refine anything).

Nvidia also might get screwed if lots of companies decide AI is BS and the fair market value for AI hardware declines.

Nvidia is also screwed if the whole AI market implodes for a similar reason.

Still it is pretty easy to see how Nvidia is taking a risk, but could “earn” way more money this way. Plus Nvidia gets the interest payments, not a bank (then again Nvidia is taking the risk, not a bank). I don’t know if it is a good idea or not, because it hinges on something I’m awful at predicting: timing. If the house of cards comes down soon Nvidia takes a big bath. If the house of cards stays up for a while Nvidia breaks even, if it stays up long enough Nvidia makes the even bigger bucks.

Actually it is debatable. Anthropic is not making money, they are burning through VC cash. OpenAI is not making money, they are burning through OPM (“Other People’s Money”) as well. NVIDIA _is_ making money selling the AI hardware to the various companies pouring money into finding an AI model+business model that lets them make money. SpaceX’s xAI isn’t usefully broken out into it’s own P&L, but if you want to bet there IK’ll bet they are losing money at the moment as well, if you take the bet and lose you owe me one fancy Starbucks coffee and pastry, if I lose I’ll buy you 5 shares of SpaceX (that is around $1000 vs your $10). Did I forget anyone? Palentier? Also OPM (VC at the moment).

I doubt Apple or Google are making money on AI either, although it is more debatable because they have a bunch of products they can bolster sales with it (people buying a new iPhone because they want something they saw “Apple intelligence” will bring, totally forgetting that Apple hasn’t delivered on their AI promises from 2 years ago yet!), or Google may sell more smart speakers “powered by Gemini” then they sold of their prior assistant powered speakers, or get more Google searches because of Gemini answers. Although I expect the searches will merely manage to better hold onto market share by offering Gemini, which is important, but defending a multibillion dollar a year Business isn’t at all the same a “making money with AI”. Google has definitly said they are cutting headcount by using AI, but I’m not sure if they actually have a productivity increase or merely an increase in code per unit time even if the volume says nothing (or is of lower quality so it produced more bugs per unit code, and more critical outages per unit codebut more volume of code fixes!)

I’m not saying that NVidia are the only ones that can ever make money at this, or that only the hardware makers will ever make money, but that is how it is right now for sure.

That's why everything running in the cloud runs in containers on a cluster (Kubernetes or similar). If a physical server dies, the cluster control software just drops that server from the cluster. Load management then automatically moves the containers to the remaining servers in the pool. When enough servers are dead they send a tech and a truckload of replacements out. Same for storage: everything's on RAID arrays and as physical SSDs die the array drops that drive and keeps on going with no data loss. Once enough drives in the bay are dead they send someone to swap them out and the RAID controller takes care of initializing them and restoring data from the existing drives as required. It's not uncommon for 30% of the capacity to be out-of-service before replacements are ordered.

They still have to catch up to IBM's old mainframes though. Those you could go in during peak business hours and start pulling and replacing CPUs and memory modules and I/O controllers while everything was live and not disrupt anything.

The language part, true. The problem is dependencies. Any time you upgrade, especially if you're jumping a large number of versions, you're going to have packages your code uses needing upgrades too. Those package upgrades will usually require code changes to accommodate. Some of those changes will require refactoring to handle structural changes needed for things to work right. That is usually where you end up down a rabbit-hole.

I'd prioritize updating Java 8 applications to Java 11 first. Those are going to be the hardest to bring up-to-date with Java 25 (latest LTS), bringing them up to Java 11 buys the most time. Then upgrade to Java 25 starting with Java 17 applications, then Java 21, then Java 11.

Remember that Java 25 will end support in 2033, so plan on starting your upgrade from Java 25 to the next LTS version basically as soon as your last upgrades to Java 25 are done.

Yes. The construction jobs are very short-term, and once built the data centers bring huge costs (financial and otherwise) while contributing only a handful of permanent jobs. Remember, these are lights-out hands-off facilities. They'll employ a handful of security guards and maintenance workers, the rest will all be handled remotely from Malaysia or the like.

True up to a point, and governments are past that point. They can in fact tell companies what formats the government will accept and generate and companies can't afford to just ignore that. And that's actually the first step towards sovereignty: dictate formats that aren't controlled by hostile entities. So, start by declaring the ODF formats the official government standard formats. You'll accept documents in other formats, but you can't guarantee they'll be correctly rendered on your end and you won't put any effort into trying to clean up Word and other non-standard format documents. If they're bad or unreadable or whatever, they'll be rejected and it's on the sender to fix the problem. When you send documents you'll only send them in ODF format, no others, and it's on the receiver to be able to read them.

Internally you standardize on something like LibreOffice that natively handles ODF formats. Anyone else can use anything they want as long as it can handle ODF. Word, BTW, actually does a decent job of handling ODF. Inertia may be a thing, but remember that governments have a lot more mass behind them than private companies. If the government insists and won't budge, any company that needs to do business with the government will slowly come around.

Interestingly, I remember at one time, the whole "Fake it until you make it." slogan meant something much less devious. It used to be a slogan people said about a small business managing to present itself as much bigger than it really was, while delivering on promises and work that would usually only be expected from a much larger business.

To me, that was actually a positive/good thing. It was your classic case of an over-achieving startup, doing more with less and winning outsized contracts that helped it grow to be a formidable competitor with the established players.

I took the financial hit years ago, when I resold my high-end configured Intel Macbook Pro to move to the M1.

As soon as I saw the benefits of the M series processors on the platform, I knew it was the way forward. The Intel Core i9 version of my Macbook Pro had overheating issues where it would throttle its performance down every time it did anything demanding for more than a few seconds at a time. That's just wasted performance at that point.

The battery life on M series is insanely good without feeling like you gave up any processing power at all, which sealed the deal for me.

The idea of Apple using Intel CPUs was always, in my opinion, kind of a hack on Apple's part. They realized IBM wasn't going to live up to their initial promises to keep innovating the "Power" CPU to keep it competitive. There wasn't any real alternative for Steve Jobs and company at that point. They were left "high and dry" unless they just ported everything to run on the same processor all the Windows computers were using.

The M series gets the Mac back to being truly unique again. You're not just buying another Windows laptop on the inside, wrapped in an "Apple shell".

So now NHS has nearly half a million headaches. I'm not sure this is an improvement.

While it constitutes a weak argument that "it won't be worth making a new StarGate series because only the original fans would watch" ... I can't argue it may not have been the best series to do more with right now.

I used to love Stargate, as did some of my good friends. But this wasn't one of the sci-fi shows that only got a couple seasons and then got canned too early. This was a very successful show that arguably ran its course, with a LOT of material to watch.

I'd say there'd be more justification to bring back Firefly, or even just do one more good season of "The Expanse" that does justice to the last novel in the series of books.

I know quite a few people who refused to vote, in at least selected elections. Had zero to do with being cowardly or lazy. It's much about a realization that after studying the people on the ballot and what the candidates running are likely to do/support? None of them reflected anywhere near what they wanted to vote for.

If there's one thing I think that drug America down a slope to stupidity in politics, it was the huge push to "get out and vote, no matter what!" Swarms of totally uninformed people went to the polls and voted based on any number of ridiculous preferences -- more to get the little "I Voted!" sticker to wear around and feel good than anything else.

The "vote for the lesser of evils" thing isn't a great argument for voting either, ultimately. Sure, there are times when you dislike both candidates but feel like one is a "devil you know" and won't surprise you, while you may deem the other too risky of an unknown. But ... that's also a pretty strong reason Trump won re-election, if we're honest about it. Democrats didn't run a better opponent who people could "hold their nose and vote for" if they generally leaned more conservative in their political beliefs.

Our third party options are realistically non-starters, and that will continue unless one of them has their own huge financial resources to throw at running for office without needing their party's backing.

I mean, come on... This one screams class action. I just got an email link to a list of current class action suits I could click on to see if I qualified, and none of them were over as clear cut a complaint as a company purposely crippling software initially promised to keep working.

Please, no. Often when writing code I need the API reference and only the API reference. I know what I want to do and how to do it, I just need a quick check of the exact order of arguments or exact symbol names. I don't need to try to sift that out of commentary. Likewise when I'm learning how to use the library I'm more interested in the overall view. I don't need to know the exact names of the options for a call, only what the options are for. I expect the code in the user's guide to be accurate, but I don't want the same things out of it that I want out of the API reference.