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- Hacker News
- Make the most of your heavily subsidised $20 / $200 subscriptions while the credit spreads allow it.by carlsborg
- Am I too dumb to read or this thread is heavily botted? Why most top comments are unrelated to the linked site (which is pretty obscured already)?by raincole
- As a side note. All money is borrowed. That's how money gets created! Short explainer video by the great late David Graeberby mempko
- The headline and the link have nothing to do with each other.by blitzar
- Key reports to understand the root problem (no ROI):
- Gen AI: Too Much Spend, Too Little Benefit?: https://www.goldmansachs.com/insights/top-of-mind/gen-ai-too... (Goldman Sachs)
- AI’s $600 Billion Question: https://sequoiacap.com/article/ais-600b-question/ (Sequoia Capital)
- The Simple Macroeconomics of AI: https://www.nber.org/system/files/working_papers/w32487/w324... (MIT / Daron Acemoglu)
by okzgn - Warren Buffet way
Revolutionary technology + massive adoption ≠ good investment
Investors have poured money into a bottomless pit, attracted by the growth and glamour of the industry. The airline industry since its birth has had a collective net loss, in aggregate, despite moving hundreds of millions of people.
Commodity Product, no switching costs. Infinite competition
by defactor - A while ago I was thinking, “Gee, AI is so complicated, how can I keep up with the landscape?”
After reading these articles go by so often, it feels like what I actually can’t keep up with is the bond market. To paraphrase Trotsky, you may not be interested in the bond market, but the bond market is interested in you. I want to be able to read the signals at the bottom of this article, and divine some kind of prediction that can guide me… I don’t know, to choose whether I should buy a house or change the investment strategy in my retirement fund or something. But I’m just seeing all these signals go by, waiting for the story to be written, which only happens when the dust settles.
I guess I’ll go back to not understanding AI, instead of not understanding the bond market.
by klodolph