- Well I can list some things which are completely irrelevant (happens even in online ads despite the advancements).
I got an offer for life insurance for US veterans - I’m not a US veteran so this has nothing to do with me.
I got an ad for women’s hygiene products, but I’m not a woman. So that’s completely wasted on me.
I just bought a mattress, and I don’t need a 2nd mattress, so all of those are irrelevant.
- If you’re interested in the subject and want to read more, the concept is commonly called “outcome oriented” vs “process oriented”.
A LOT of workplace conflict arises out of outcome oriented ppl having to work with process oriented people.
- >The building and electrical infrastructure are far cheaper than the hardware.
Maybe it's cheaper if we measure by dollars or something, but at the same time we lack the political will to actually do it without something like AI on the horizon.
For example, many data center operators are pushing for nuclear power: https://www.ehn.org/why-microsoft-s-move-to-reopen-three-mil...
That's one example among many.
So I'm hesitant to believe that "electricity is a small cost" of the whole thing, when they are pushing for something as controversial as nuclear.
Also the 2 are not mutually exclusive. Chip fabs are energy intensive. https://www.tomshardware.com/tech-industry/semiconductors/ts...
- Well you still get the establishment of 1) large industrial buildings 2) water/electricity distribution 3) trained employees who know how to manage a data center
Even if all of the GPUs inside burn out and you want to put something else entirely inside of the building, that's all still ready to go.
Although there is the possibility they all become dilapidated buildings, like abandoned factories
- Maybe, but Tokyo, despite being literally tokyo with tokyo's politicians and tokyo's transit system has allowed Waymo to come in: https://waymo.com/waymo-in-japan/
So I guess it's still pretty valuable
- If you buy ETFs, you basically hold some stocks you don't want.
For example, stock from war profiteering companies (lockheed, raytheon).
Note that investing in war profiteers is a proven way to build wealth. I just don't want to do that.
This argument not only applies to evil companies, but also dumb ones. For example, I have no interest in investing in IBM or Oracle even those both of those are also money makers.
- they are free to do that - simply don't sell your game on steam
- Or how the iphone 4 antenna was obstructed by normal holding of the phone (including poses in apple marketing materials), and then steve just told everyone they were holding their phones wrong.
- Given enough time, hashes are reversible via brute force.
If the attacker steals the entire password table undetected, they have a large amount of time to generate soft collisions. After all they don’t need to hack any particular account, just some 50% of the accounts.
The time can be increased by some coefficient via salting, but the principles remain the same.
- Why does it matter if everyone else knows or cares?
If you were actually the guys from the big short and you have strong conviction, you should short the market (literally like the guys from big short) and get really rich.
Money is the language they understand, so hit them where it hurts.
- All of those people have already pass through a filter of self-selection
There's a person out there that's 1) knows how to bake amazing cookies 2) has no desire to record tik toks
Why is that you need both of those things combined to have a successful cookie business? Can't we desire a world where just being good at baking cookies is good enough? You don't ALSO have to record a bunch of tik toks?
- Looks like it’s been verified as true now.
So it’s safe to ago ahead and short it.
Remember it trades under GOOG
- In 2004 I played an MMO game on a pirated server. The owner of the server somehow got a version of the server binary, and used a hex editor (!) to add new features to the binary over time.
It's the closest I've ever see to someone literally being one of the hackers from Matrix, literally staring at hexadecimal and changing chars one at a time
- I agree with you and I hope you are right.
>Offload a massive illiquid investment onto the public
Because this state seems like a very solvable problem: All you have to is not buy it
- I'm not sure where you live, but you can probably still do this.
Although the internet has globalized a lot of services, there's still local, labor intensive jobs that can never be scaled up like this.
To name a few:
- Garbage man - bus driver - child care provider - teacher
Tailors still exist. I went to one last week to get an inch off my pant legs.
- “Most of the time” isn’t really the bar here. That’s like me saying “most of the time the warehouse won’t catch on fire” or “most of the time the plane won’t crash”.
For disaster scenarios, we benefit from extreme caution.
Arguably we haven’t done enough of this, if you look at e.g. global climate change. We may yet be able to avert a huge disaster, but even if you just look at the local damage like intensified tropical storms, or wildfires, that’s quite a big deal.
- Yeah it's like you have all these people staring at a little baby saying "theoretically, based on this baby's DNA, it could become the greatest basketball player of all time, if it trains for 4 hours a day everyday for the next 20 years, and suffers no injuries"
Meanwhile you have Lebron who is already the highest scoring player of all time, and he's still going out every night and putting up another 20 points.
Comparing potential to actual at 1:1 ratio is insane.
- Each time this happens, there's a new generation of people that think "surely the market will become rational again before I'm insolvent"
- Agree with this comment but follow up to this tip:
Only use this as a learning technique. Do not accidentally let this bleed over into personal 1:1 conversations.
I know some people in my life who are "smart" and they will cut people off in the middle of conversation to the effect of "oh yeah I already know what you are going to say, let me go ahead and cut you off so I can respond faster".
On top of being completely obnoxious on the face of it, they are wrong enough times in their predictions to where it completely fucks the conversation.
And not like running a late yellow, but a full on my-light-is-green-and-there's-a-guy-in-front-of-me-sideways
It has dropped a bit now though.