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Joined 3 years ago
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Cake day: July 26th, 2023

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  • So all these companies that replace all their employees with AI and then immediately need the human’s back. They’re just doing it wrong are they?

    I wouldn’t mind AI if it actually worked as advertised. If I could run a pure AI company from my home office that would be fabulous thing. The thing is it doesn’t work, you can’t do that.

    Have you read the report about where they tried to get an AI to independently run a vending machine, it couldn’t even cope with that.


  • I don’t understand why they can’t just make electric versions of their most popular cars. I’m not saying take the chassis and literally just get rid of the engine and put motors on the wheels because that’s where you get things at the Nissan leaf from. But they can start with their popular cars as a good jumping off point.

    Personally I want an electric version of the Ford Estate, with fold down and removable back seats for when I need the extra storage capacity, two hook on the back, roof racks on the roof, and lots of buttons. I don’t need self-driving unless it actually works and I don’t anything clever doing with the door handles, It’s a car that’s going to be driving on the road at 60, it doesn’t need to be particularly aerodynamic.










  • Like most rich people his wealth is purely theoretical. If I needed to demonstrate my entire wealth I could just extract it all from my bank account, but a lot of his money is based on perceived worth of his businesses, which of course don’t really have a value because they haven’t been sold to anyone and in many cases haven’t actually generated a profit.

    So basically the IPO is saying that if the company was sold, it would be worth x amount of money. But of course we don’t know that, and unless he actually sells the business, he doesn’t get x amount of money.

    This is what people mean when they say we are in another tech bubble, companies are getting massively overvalued for what it is even remotely conceivable somebody would be prepared / able to pay for them. So you get stupid headlines like this that say that Elon Musk is a trillionaire, even though he has substantially less than 1 trillion dollars in his various bank accounts. In terms of actual dollar amounts he probably has 10 or 20 million at most. Absolutely not chicken feed by any stretch of the imagination but also not more money than most countries GDP.


  • You can direct your provider to invest however you personally feel comfortable. But it’s incredibly boring for most people to have to administer this and the whole point of a pension fund is you don’t have to worry about it. Otherwise I might as well play the stock market myself.

    A lot of pension managers now are starting to become increasingly wary of AI and “fledgling startups” that have been going for 20 years and have still yet to generate a profit