enopod_

Same in Switzerland. I work in a building built in the 70s, after the ban of lead, but the plumbers used up their old stock of lead piping before buying new stuff, so the tap water in the building still contains lead. (just under the legal treshold to take action, yay)

Same for the mediterranian island of Elba. It was the most important source of iron first for the Etruscans and later for the Romans, but the deposits contained significant quantities of lead, which can also still be found in Alpine glaciers. It was known to the greeks as the sooty island, the Etruscans called it the island of a thousand fires. The last mine was closed in the 1980s after over 2000 years.

The oceans warmed up by half a degree celsius in only 5 years. Everybody talks about air temperature, but the amount of energy that gets stored in the oceans is simply unimaginable. Until now, the oceans have been a great heat buffer, but I fear that this might come to an end.

Out of curiosity, I‘n not familiar with the topic, how do you recover a seed phrase from a dead hardware wallet?

Same for me, didn‘t know the company and the website says absolutely nothing about what they do. Wikipedia helped me; it‘s an AI chat bot service where you can interact with customizable characters.

True. All I say is that I agree on their take on Anthropic, although I wouldn't word it as strongly as they do. They may be bad at predicting IPOs, but every once in a while they may be right. ;)

True. Cloudflare has a high cost base, but they had and still have a valid business model.

SpaceX is an entirely unique thing, I don't really know what to think of it. I don't see a viable business model there, but I might be wrong. Maybe there is trillions to make in space. Their targets are long shots, but meanwhile they are bleeding money on all their ventures and they ride on the AI wave. The IPO was fairly recent and it might still just implode one day.

WeWork had a massive cost base to offer their service. They had to rent/buy a lot of real estate to serve their customers. None of all the examples you list here except CoreWeave has a comparably high cost base.

All the mayor AI players have to rent/buy a lot of computing power to serve their customers. We're talking costs of 2-5x (or 10x? does anyone actually know?) their revenue. The question is, will they ever be able to pay their cost of revenue and operating expenses? Many people doubt. And we know that they do all sorts of funny book keeping shenanigans like SPVs and delayed deprecation.

What comes on top is, LLMs have no economy of scale. More customers scale linear with higher costs. Will people or companies be willing to pay 5x what they're paying now? Will future frontier models become more cost efficient or less? We simply don't know yet. At this point, it's a gamble.

I wonder how bot traffic on propaganda platforms like Twitter changed, but they probably won't give out any information anyway.

Corporate christmas parties are the 2nd circle of hell

Interesting, I did not know that. Sure helped create the massive urban sprawl that LA is today, I mean it's basically one city all the way to San Bernardino, almost 100 km to the east.

For Ukraine it's very much an existential war. If they lose, Ukraine will cease to exist. The only way of winning is, well, winning this war. It is also very much a real war, with hundreds of thousands of deaths on both sides, a true massacre not seen in Europe since WW2.

Trumps stupid war on Iran on the other hand is really just some air strikes, and Iran can win by just not losing, which is easy, because the US will not invade.

This bit is not about the stock, it‘s about bonds. They made about $70B (?) in the IPO and now issued bonds for about $25B. This debt is rated at junk level now.