ThrustVectoring

8 日前議論

In perfectly efficient markets, arbitrage gets paid exactly as much as it costs to discover and execute the arbitrage. Entrepreneurs would still exist, they would just be ambivalent between finding new arbitrage opportunities and seeking market-rate employment for their skills in finding arbitrage.

ThrustVectoring

9 日前議論

Even if you were to extend rights to non-human entities, there's still a practical matter in that the legal system does not know how to compel testimony from an LLM (or a monkey for that matter, for a past attempt at copyrighting a photograph taken by a non-human primate)

ThrustVectoring

14 日前議論

OP wasn't explicit about taking the work = force * distance approach to dissipating energy. Two cars with the same mass and braking force (and thus deceleration) will put the same amount of work into the vehicle per unit distance, so will dissipate the same amount of energy in the braking maneuver.

You are right that the faster car is converting kinetic energy into heat faster per unit time. It also has less time to do so. The work formulation of the problem makes it obvious that these have to cancel out exactly.

ThrustVectoring

16 日前議論

AI driven contributions aren't the same thing as AI agent submitted PRs. If a new human contributor attempts to submit low-quality submissions (regardless of AI usage), you can teach them to improve or convince them to change their methodology. If a commercially available AI agent thinks its a good idea to submit PRs to you, you're stuck dealing with default-settings AI agents sending the same kind of stream of PRs to your project indefinitely.

ThrustVectoring

24 日前議論

Profit and loss tracks changes to the fair price of purchasing the business, not operational cash flow. The $30b didn't go anywhere since it's not cash flow, it's acknowledging that someone who purchases OpenAI today would be on the hook for $30b more of future ownership dilution than before 2025.

ThrustVectoring

24 日前議論

As to why those are required to be treated as liabilities, the primary point of accounting rules is to ensure the accurate valuation of the business to potential purchasers. Someone who would buy the business before those interests converted would see their ownership get diluted, thus it reduces the value of the business to a prospective buyer, thus an accounting of their books must list it as a liability.

It's not an issue if you're tracking the cash flow of the business or it's overall viability regardless of ownership structure. These book losses are just recognizing that the business has a higher market value so their ownership dilution commitments reduce the present value of the company more.

ThrustVectoring

28 日前議論

"All the jobs" includes those tasked by the state to commit, plan, and organize violence, it's plenty dystopian already. Like, one important reason why the military and militarized police don't engage in egregious overreach is that the people who'd be responsible live standard lives in their own society and it's hard to get high compliance for that sort of thing. Replace that relatively democratized infrastructure of thousands of intelligence analysts, mid-level management, etc with a bunch of AI agents, and a meaningful restriction on the power of the upper echelons of the state is removed.

ThrustVectoring

先月議論

[flagged]

ThrustVectoring

先月議論

The observation is right but the causality is off. The money comes from extraordinarily profitable lines of business rather than investors. Hiring is driven less by business concerns and more by various layers of management advancing their careers by managing more and larger teams.

ThrustVectoring

先月議論

uhh, no

Reasonable people can believe they have a legitimate ownership right when they petition YouTube for copyright enforcement for AI-generated work. The courts might eventually disagree, but that's a different thing than knowingly making a fraudulent misrepresentations to YouTube for financial benefit. This difference makes the proposed behavior criminal fraud. I highly recommend not risking twenty years of prison time for like maybe a couple hundred dollars in ad revenue.

ThrustVectoring

先月議論

How would you ban it? Once the new owners have bought the company, they own the rights to taking out debt in its name, so long as they can find lenders willing to extend a loan on terms they find acceptable.

ThrustVectoring

先月議論

Even if the courts won't uphold the copyright, that doesn't prevent people from claiming your videos and initiating YouTube's copyright process against you. This is a recurring problem for people who upload their own original performances of public-domain compositions, particularly solo piano.

ThrustVectoring

2 か月前議論

Owning the asset is an advantage in a bull market and a disadvantage in a bear market. If a dominant employer or industry in an area has mass layoffs, that can cascade into the housing market, driving your property underwater at the same time your job vanishes. This happened to a large number of autoworkers in Detroit in 2008.

ThrustVectoring

2 か月前議論

There's significant personal financial benefits to renting, too, in that many local areas are dominated by one firm or industry as a major employer, so your employment prospects can be highly correlated with the local housing market. You do not want your investments to be correlated with your employment if at all reasonable. Detroit in particular was hard hit by this in the '08 financial crisis, iirc - the automotive industry had huge layoffs and a simultaneous residential real estate market collapse, and many newly laid-off workers were underwater on their home and practically unable to sell to move for better job prospects.

ThrustVectoring

2 か月前議論

Commercial real estate lending typically has a clause that allows pausing of payments during a vacancy and letting the interest accrue into the balance of the loan - effectively, the banks are giving the property owners a free option to try and get the vacancy cleared without affecting long-term incomes and asset prices.

ThrustVectoring

2 か月前議論

Golf and baseball batting have obvious handedness - the muscles that pull your towards your centerline and then across your body and significantly stronger than the ones that push your arm back out away from your body, and the right-handed stance in these two sports uses the stronger muscles in the right arm.

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