logicchains

>"draining banks in the U.S. and other countries of cash"

Cash sits in vaults. North Korea would need to physically send a team of bank robbers to extract it. The digital representation of USD is not cash, it's an entry in a ledger, and banks generally have systems that would not allow adding an entry with a sudden transfer of a large amount of money to "J. U. Kim, North Korea". That's why Bitcoin is called "digital cash".

This will be the downfall of the torrent protocol. If you think governments (US and China) are going to tolerate people downloading copyrighted games, movies and music without paying the rightsholder, I have a datacenter to sell you.

Maybe if he hadn't been born in North Korea he'd have lived his dream of opening a coffee shop; perhaps he got into hacking there because it's the only way to support his family.

The average salary in Spain is around 30k euro, and almost nobody makes 80k there.

In 13 days' time there'll likely be better Claude and OpenAI models available.

Never bet against their contempt for paying customers.

The whole raison d'etre of hyperliquid and defi in general is getting around "kyc or something". More realistic risk is poor opsec allowing govs to persecute people who use/host the service.

Yes, but before you needed someone good at sales and a team of programmers, now you just need a buddy good at sales.

AI also gives employees much more leverage than before, as they no longer need a large team to compete with BigCos at knowledge work. It's never been cheaper to start a software business.

AI needs humans to fill in the gaps at what it's not good at: acquiring and managing large volumes of new information/context. This requires humans to learn faster than ever before, since their projects grow much more rapidly, and to spend far more time managing and switching context, which people generally find unpleasant.

It's a metaphor for some tasks being inherently serial, so no amount of parallelism will make them complete faster.

>Here's a question, to people who delegate all their coding to AI agents now: What are you doing to keep your mind exercised in all this suddenly new free time you have?

If you have a lot more free time you're not taking full advantage of agents. The time saved coding allows working on 4-6 projects simultaneously, and the majority of work is the hard design/product decisions that the agents can't do well themselves. Working on the hard parts of half a dozen projects simultaneously is far more mentally taxing than just hand-coding a single project, and with that many agents there'll usually always be one with a question for you so you won't have much extra free time.

>if a company was growing at, say, 10% per year, prior to the covid-craziness, then one would expect something like that natural growth to continue

A company growing 10% per year would be around 7x larger 20 years later. There's a limit on how big companies can get.

Yet somehow the countries with far fewer exploiters (billionaires) like those in Europe pay their workers so much less.

>Dude, it worked for a billion people in China, lol.

China starved tens of millions of people for two decades, it was only after they started opening up the economy in the 70s and allowed people to own farms/shops that living standards started increasing.