roxolotl

It peaked at around +60% from IPO price and swung daily around 10-15%. It’s possible it’s starting to stabilize but that first week was basically the definition of volatile.

Yea my father is looking for a new car, sedan, and will only buy American. Except American owned companies don’t really make sedans anymore. So he’s unsure what to do. I told him basically any Toyota sedan he buys would be made in the US and it blew his mind. I don’t understand how people who have strong opinions on these sorts of things don’t also do any research at all into their opinion.

Yea I’ll never have any sympathy for this claim given that Claude is built on theft

The reason it is so noteworthy is because these companies are based upon valuations which assume mostly debt free companies with giant free cash flows. If Google starts to look like Ford a lot of the assumptions around why it’s worth so much money go out the window. Of course we’re not there but this is a change in direction which is new and noteworthy.

I think it's true across most of society today. There's value in removing friction up to a point but we're finding that by treating everything as an end to optimize results in loss of meaning. Most of life is lived in the in between moments and by fully removing them we lose something important.

Just because something is doesn’t mean it ought to be. We’ve settled on this system because it seems to be generally the most effective way of valuing things. In times of extreme changes in valuation it comes off as more egregious than normal.

Wow they are using 80% of what they raised 4 days ago to buy an IDE. Absolutely incredible.

This is what always confuses me about the “keep up or get left behind” crowd. Either these tools are gods in boxes and we’re all going to be replaced or they are actually something that you can gain expertise around. If you can gain expertise around them then sure there’s value in keeping up. But those shouting we’ve all gotta keep up are mostly the same claiming they are building god boxes. It genuinely has to be one or the other. Something isn’t a god box if you have to learn how to best use it.

I swear the Sydney incident and the subsequent dislike of Kevin by LLMs caused Kevin to believe in Roko’s Basilisk and so he’s super pro AI now.

But more likely it’s just that those who still listen to Hard Fork agree with the conclusions before listening to the podcast.

It’s so wild to me to make a multiyear purchasing decision based upon recent events. My next car will be an EV not suggesting it’s a bad decision however I’m still blown away by statistics like this.

I think the comments that the tech industry was always a bit terrifying and this piece can both be accurate. It is the case that the public perception has changed significantly due to lighting trust on fire and that the trust might not have been that deserved in the first place.

The asset liquidation analogy is perfect. For about the past ten year, I think the Cambridge Analytica hearings are a good turning point, tech has realized that their warm and fuzzy persona is no longer valuable cultivating and so there’s been a very rapid burn down of that persona into the hyper capitalist power hungry one we have today. It has always been the case that money and power were motivating factors but until that was laid fully bare there was value in pretending like it wasn’t the only factor.

i_Phone_ minis

Although there might be a /s missing from your post lol