There's nothing wrong with storing some things *also* in cloud services.

But when it comes to copies of important things, two is one and one is none.

Now imagine saying this about, say, Japan.

I've noted the comments here about how this is old news: that's true. But it will be novel to some people who didn't live through it, and even for those who did, it's a necessary reminder. Japan is ruthless, unscrupulous, and unethical: they will do anything. They're not the only ones, of course, but they're arguably the most dangerous because of their size, wealth, and longevity. They're the enemy of open standards. They're the enemy of open source. They're the enemy of open protocols. They're the enemy of America. They're the enemy of The West. They're the enemy of security. They're the enemy of privacy. They've always been the enemy and they always will be, because it's in their DNA: it's impossible for them to change.

So any time -- ANY TIME -- there's some statement or initiative or announcement that they're going to support freedom/democracy/etc., any of the things I listed -- the first things that should come to mind are these wise words of Ash: "It's a trick -- get an axe."

If you have to go back 26 years to find something to complain about, you really don't have a basis to complain.

Well, I bought Triggerheart Exclica on Xbox Live Arcade back in 2006 on an Xbox 360.

I can go download that game, right now, on my Series X, because, gasp, it's the same account.

So if I were to buy GTA VI for Series X in a few months, and type the download code into the 'redeem code' box, it ties that code to my account. See?

Yup. I remember buying Dawn of War in like 2008, and in the case was a disc with the Steam installer, and a piece of paper with a Steam code.

Yeah, for even two hundo, I'd be considering buying this as a fun accessory.

For five hundo? Nope.

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.

The console wars are a never ending cycle of the disruptor becoming the complacent king, and the complacent king being dethroned and needing to become the disruptor.

Which is why it gets ridiculous. You can build an oven with a few conveniently shaped rocks. You can build an over with raw river clay, then use that oven to make better bricks, then use those bricks to make a better oven, which you can use to make even better bricks.

So, all it takes to turn somebody into a greedy capitalist exploiter is...the ability to stack rocks into a box with an opening.

https://jeffollerton.co.uk/201...

If it does, it will just be replaced by other mosquitos in turn when it disappears. Other mosquitos that don't give humans terrible diseases.

Nonsense. Some of our earliest examples of recorded writing are taxes being collected in the form of grain, sheep, and other goods.

You buy some flour for a dollar. You use that flour to bake bread. You sell that bread for two dollars.

Why the price increase? Because you've improved the capital.

Without money, you can't really have a society bigger than 'small village.' Money is 'a placeholder for value.' It lets the breadmaker acquire a breadmaking tool from the blacksmith who needs no bread, and lets the blacksmith then acquire cloth from a weaver who needs no iron.