sandwichbop
Joined 5 years ago
Joined 5 years ago
this sounds more like survivorship bias no? You can keep playing lucky if you want, but that's more on being lucky. I like to keep risk low and so the objective is reducing the need to be "lucky", to get more consistent results without luck and this is where having those economic fundamentals work. Economics is more than stock-picking, that's more of a finance thing imo.
exactly, I think it'll be better now to settle in with OpenPOWER rather than later to not get caught off guard. This whole affordable PC era was a temporary illusion and we can't relie on vendors providing us mitigations since even those eventually cease. Personally I still can't afford a Raptor machine atm but I'm getting in by working on stuff in QEMU with the recommended openPOWER debian release
this is what I believe as well, too many people on HN seem to be lose grasp of the big picture in favor of a few dollars today. (but the big picture can only go so far i.e. Keynes's "In the long run we are all dead"). BUT the big issue that I fear many people are overlooking is the post-PC era. I made a thread on g the other day but didn't get much traction there https://en.wikipedia.org/wiki/Post-PC_era I believe home computing will become more expensive and progress slows down as traditional businesses and "gamers" that currently fuel that affordability dry up and economies of scale inverts. Things like Talos and OpenPOWER will remain more stable in my opinion as they already priced in these niche market demands unlike other archs that seem to depend on a big net of users that every day is growing smaller as people migrate to cloud only solutions. I think it's advantageous to invest into OpenPOWER as an eccosystem even if RISC-V picks up since there's already big dollars behind it that doesn't depend on scraping the bottom of the barrel for funding. I plan to write this up with actual numbers some other day, maybe estimate a sort of timeline when this might start happening
it's more that with the Fed's rate hikes, cheap money is in decline and so people have to think harder about whether or not it's worth building that next speculative project without carefully really thinking about the certainty of returns.
> However, the work has traditionally come with some downsides—namely not having the steady, dependable income a corporate job brings.
What I also wonder is how they manage taxes and healthcare where traditionally corporate job handles, a simple W2 and company issued insurance. The tax law in the US feels overwhelming without a dedicated CPA