Yep this will be the fourth or fifth record breaking upward transfers of wealth I've lived through. I really don't want to live through another.

Yeah, the whole plan is to have every US citizen's 401k's autobuy into the SpaceX IPO.

Your retirement fund is Elon's exit liquidity.

Its a truly fantastic fraud.

Because... the Nasdaq... well a few weeks ago it changed its rules on the delay time between an IPO and it being part of the index, the index that everyone's 401k's buy into.

I guess you could say its going to be 'epic' when this all blows up.

See this is basically how the us economy works:

Poors roll over negative equity into their next car loan.

The ever diminishing 'middle class' basically does the same with homes, helocs, etc.

The owners roll over debt via corporate amalgamations.

But because the rich have a magical legal barrier of 'all the bad and dumb things i do are a legal fiction doing them, not me personally', well, the legal fiction gets what its due and/or evaporates when it can't pay what it owes... and the rich remain on top.

Yeehaw!

Afterwards, “economy in a recession” is synonymous to “free buffet” to those at the reins.

Not at all wrong, but there's only so much blood parasites can suck before the host dies (and with luck kills the parasites, and / or sends a strong signal to everybody else to get their infestations eradicated, or at the very least under control), and that host is already hurting bad.

Perhaps I'm being optimistic, but a collapse of the likely magnitude could be that straw, or maybe it'll just be the back of US influence that breaks.

I think I'm following what you're saying but I haven't read anything about this. Where can I read more?

Shit I didn't know about this. I wonder if there are any funds that won't buy into this crap.

This would impact the companies pnl though, so shareholders and c suite will get less money. That’s why they’re scaring people into not wanting to increase wage.

There is an element of minimum wage increasing, increasing prices because now there are more people that can afford to pay for things.

But yes it isn't because costs go up, and it really only applies to things people on minimum wage can afford and it's always less than the increase in wages.

It's not BS, it's just not as direct of an impact as they are implying. If payroll is 10% of their expenses (assuming EVERYONE makes minimum wage) then doubling the minimum wage will increase costs by 10%.

Which could be (partially) absorbed from profits, could cause a 10% price hike... or a 50% price hike and fat bonuses for the executives.

Should be divided by the population. Unless you are exporting electricity, your production will be based on population. China has 4.2 times the population of the US so they actually produce less renewable energy per citizen than the US.

On that same note, Finland produces 3X the renewable energy per citizen compared with the US.

Don’t use any of them much and from my limited experience they all seem to be pretty much the same. In fact DeepSeek probably has been a little better than ChatGPT.

china is expanding energy tremendously to the point that the USA simply cannot compete. Even if data centers all get built tomorrow they will soon bottleneck because energy demands can’t be met in a timely manner. The median time to get a new power plant online is 5 years. Meanwhile china is investing heavily not only in expansion of their grid, but expansion into renewable energy. They’ve added 8x the power to their grid that the us did just in 2023 and if anything their pace has risen since then. Their renewable grid is 3x the size of the entire us grid

In terms of raw performance US firms were months ahead and that gap is shrinking. Dola-seed is ranked second behind opus by us firms with a gap of under 3% in benchmark performance

This performance gap closing and energy superiority is why ultimately DeepSeek v4 pro outperforms opus 4.6. Opus is the clear winner, but not by a very appreciable amount, and ranges from 11-26x more expensive. Chinas hardware isn’t more efficient but their energy superiority puts them way ahead; their cloudmatrix uses well over 100% more energy than nvidia g200 but their energy costs are sometimes as little as 1/8th American costs per kWh

The race to superiority here is ultimately does America substantially update and expand their grid before Chinas domestic chip manufacturing bridges the hardware gap that has been created by things like export controls? My money is on China here; Huawei, SMIC, etc have an engineering problem that is rapidly being addressed with gigantic state sponsorship (and frankly the major bottleneck is EUV lithography, which they are actively pursuing, though this is an issue that even with tens of billions will take many years to catch up to the west). While those barriers are real the American barriers are an extremely complex regulatory system (which is ultimately why trump is being directed to gut everything in terms of environmental and worker protections), funding (the oligarchs want this but not enough to part with their money, they want us to fund it), and unlike China the US drastically changes trajectory every 4-8 years.

What is the effective difference? It’s not like they’re offering long term contracts.

This is a main part of the reason, yes. They actually innovated and did something that pushed the technology forward to be much more efficient, which we first saw with DeepSeek R1 for different reasons.

I see, I will look on some yt video who explain this in depth

Yeah because american tech companies never spy on your or steal your data...

Worth noting that a token is not necessarily a word, though can be. One word could also take multiple tokens. It can also vary from LLM to LLM and their tokenization methods.

There’s a lot of internal processing for each request, where the input text is summarized in different ways and combined with previous parts of the conversation, so it’s not as straightforward as “word count of what you say plus what it says”.

In other words obfuscation so they can charge whatever they want using some obscure formula that only they know.

There are plenty of rails, they’re just different ones. Like criticizing dear leader or Tiananmen square.

Matter of Interpretation. It's not a time-limited discount anymore so it's "permanent" in that sense, but there's no commitment to not again raise the price later.

The destiled models?

How are they running it? Doesn't the model have to fit in (V)RAM? Does Nvidia have such huge memories in the H cards?