Headline from 1845.

This month: Everybody meet Paddy! He's going to use AI to rewrite all of our legacy software for practically free!
Next month: Our AI initiative has failed, entirely due to Paddy's incompetence. Please escort him from the building immediately and make sure he never works here again.

Nah, that would be gauche. Instead, we implement the cap relativity-style, where your tax rate increases proportional to the amount of money you've made already. As you keep making money, you asymptotically approach the financial "speed of light" but can never quite get there because in order to actually reach it you'd need to earn an infinite amount of money.

If you meet the Buddha on the road, kill him.

Very, very few of the rich hoard money. That's not how you get rich, and it's also not what the ones who inherit tend to do.

Giving people money to spend is a Demand Side Stimulus .

A demand-side stimulus makes sense when:
1. Unemployment is high
2. Inflation is low
3. The trade balance is in surplus

None of these conditions are currently true.

A demand-side stimulus in today's economy would fuel inflation and would mostly be spent on imports.

Can you define what you mean by "hoarding"?

Rich people have most of their money in equity. That's investing, not "hoarding".

That's only true until supply catches up with demand.

Plenty of new fabs are being built.

I predict that 3 years from now, the current DRAM shortage will turn into a glut.

Disclaimer: My predictions are usually wrong.

Most people want to own at least SOMETHING, like their own home computer.

P. S. Fuck off, Sam.

Apple has been coasting along with what Jobs left in the pipeline. Now it is completely exhausted, Apple became just like Microsoft.

I used iPhone since 3G and moved onto the Mac platform soon after, it is now time to move to another platform before Apple's ecosystem turn into complete shit.

"People say the darnest things."

We can't have "AI is able to detect incredibly obscure security vulnerabilities and exploit them as zero days", and "AI is incapable of producing secure code" at the same time.

I guess the days when passing a formal logic course was required to get a CS degree ended a long time ago.

Most people can recognize a car when they see one. Very few of those people can build one.

It's dangerous to hang around with a bunch of people who constantly talk about what awesome and smart and world changing leaders you all are.

Google sucks a lot of the oxygen out of the room when it comes to people inventing the Next Big Thing. The projects that someone might have spent 5 years of their life trying to make into a startup, are now 20% projects at Google that sometimes see the light of day only to be walked back suddenly.

Nothing can be made at Google that will do better then their ad search business. It's a reality that I faced when I was there, and the vast majority of management were delusional to think otherwise. Search pays for these little projects, and they rarely ever stand on their own (Fuchsia) and simply consume payroll to get no where near turning a profit.

Cryptocurrency has as many objectives as there are nerds involved in it. They change whenever one isn't working out so well too.