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Comment to be pedantic (Score 1) 56

"...most of his life he could safely assume photographs or videos were largely accurate captures of moments that happened, adding that this is clearly no longer the case."

No, it is and always will be the case that photographs are "largely accurate captures of moments that happened", in fact completely accurate. That's what a photograph is. Not all images are photographs, the "head" of Instagram should know this.

Comment Re: They'll get 0 in the end (Score 1) 24

They probably can't. There's limitations on the ability to sell pre-IPO options. Both legal limitations with SEC regs, and limitations by the terms of the agreement that gives them the options. Not being allowed to sell them at all pre-IPO unless given explicit permission by the company is pretty much universal. The company doesn't want to risk a hostile takeover via random entities buying stock options.

Comment They'll get 0 in the end (Score 3, Insightful) 24

They can't sell those stock options on the open market. It's unlikely they are allowed to sell them at all right now. Even if they go IPO, they will likely be locked in for a significant period. And given the rate the company is burning money, it's highly unlikely to fetch anything near it's last valuation when it does go public. It's likely to fetch a fraction of that (and just going bankrupt is a distinct possibility). So yeah, when you're paying monopoly money you can give really high numbers. In the end, they will likely have made more working at any non-startup big tech company.

Comment Re: Seems like one of those things greed can fix (Score 1) 47

Okay. So after a while the satan worshipers will be sitting on a ton of ram they bought up...and when they can't monetize it they'll have to sell.

Its not the ram itself - its the production capacity. The RAM that the AI data centers want is not of the type that is usable by average consumer hardware.

When they can't monetize that RAM then it has little value on the secondary market and will likely just end up in a landfill.

Comment as expected (Score 1) 42

"... in order to guide the company's safety strategy."

The more interesting thing is what "safety strategy" means. The job is most definitely NOT to improve or ensure safety, it's to provide the appearance that they care about safety. They are to produce metrics that show safety, not to actually improve safety.

Making public the salary is interesting, especially with the recent talk about how AI engineers are paid much more than this position. Odd that would be true.

Comment Re:Import of Chinese EV's will be prohibited (Score 3, Insightful) 270

This is it, precisely. If I could buy a new EV for $12K I would absolutely do that. If buying a new EV means that I have to spend $60K then I am not remotely interested. EV vehicles have some problems that make them impractical as the only vehicle for most families. Those problems disappear completely if the vehicle is inexpensive enough so that it doesn't have to be your only vehicle.

China is currently giving EVs away, we are stupid for not taking them up on the offer. Eventually the U.S. auto market would adapt. I am quite sure that they could also make low margin EVs if they had the right incentive. Let's be honest, the American public would probably be willing to subsidize them as they made the change. However, instead we have rigged the entire system so that U.S. manufacturers are incentivized to only compete in the largest, most expensive, and least environmentally friendly auto markets available. It's no wonder that the rest of the world isn't interested in our cars.

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