Because of the vesting milestones the stock price of AMD would go up by such an extent that creating more s hares would not dilute the share price.
Obviously, for the stock price to go up money needs to come from somewhere. It makes sense that this deal would lower the NVidia stock price, so technically it will be NVidia investors waiting too long to respond to this news that will be paying for this. A tax on the mistaken believe that NVidia has an monopoly on putting transitions in a particular configuration which they obviously don't. The rest is just momentum and this would kill that.
In a strictly commercial sense yes but stock markets decoupled from that long ago. Whether it’s wallstreetbets up to shenanigans or a market crash it’s got little to do with actual future and more
With sentiments. You’d hope it would revert to fundamentals eventually but markets sure seem happy to not do that
The money actually has to be spent on real goods for which supply is inelastic for this to happen. If it's instead saved or used to pay taxes it won't cause any inflation.
I suppose the increased savings means there more potential for the private sector to cause inflation if everyone decides to dissave at once, but that's sorta a last resort.
You can keep inflating imaginary piles of money until someone tries to grab too much of it... Add in loaning against the valuations and you can keep doing it even longer...
> A tax on the mistaken believe that NVidia has an monopoly on putting transitions in a particular configuration which they obviously don't
NVIDIA doesn't place transistors in particular configurations. Foundries do that for them. And it is currently common sense that the software is the moat, not the hardware design.
On huge GPU clusters running inferencing the utilization of GPUs is key.
Imagine you have 1 million GPUs and you have 99% utilization of theoretical performance in the system with inferencing. That would mean 10k of GPUs are basically idle and draw power. You could now try to identify which ones are idle but you won't find them because utilization is a dynamic process so while all GPUs are under load not all are running 100% performance beause of interconnects and networking not providing data fast enough so your whole network becomes a bottleneck.
So what you need is a very smart routing process of computation requirements on the whole cluster. This is pure SW issue and not HW issue. This is the SW Nvidia has been working on for years and where AMD is years behing.
This is also why Jensen is absolutely right to say that competitors can offer their chips for free because Nvidia's key in TCO performance is the idea of one giant GPU so SW and networking allowing for highest utilization of a data center. You can't build a GPU the size of 1 million GPUs so you have to think of the utilization problem of a network of GPUs.
In the real world utilization rates are way below 100% so every % better of utilization is way more worth than the price of single GPUs. The idea here is that the company providing 2-3x higher utilization can easily ask for like 5x higher pricing per chip and will still deliver a better TCO.
But do you think with the profit margins of NVidia, others won't be offering competing chips? Google already has their own for example.
From that perspective the notion that NVidia will own this AI future while others such as AMD and Intel standby, would be silly.
Im already surprised it took this long. The NVidia moat might he software, but not anything that warrants these kind of margins at this scale. It is likely there will be strong price competition on hardware for inference.
I think there are three preconditions that helped brexit happen:
- it's much easier to influence politics in English than in Norwegian (or Dutch or Greek, etc.). The language can act as a protective barrier making it obvious which message is from the 'out' group and which is from the 'in' group.
- there was a lot of money invested by foreign actors in into influencing brexit because the UK is a large economy. The RoI is there.
- UK joining the EU came in tandem with the end of the Imperial times. The significance of the UK and it's economy is now proportional to their population. On the way down people are always ready to hear about scapegoats.
Norway has none of these things. Culturally well protected, not big enough to be a priority in influences and they went from poverty to wealthy in the same time.
On the other hand. Imperial times are making a comeback.
Broadcom is a very hostile and abusive company. That would be the end of Intel chips.
Things Broadcom would do: sell you a chip, nerf if after a year and charge you a subscription to unnerf.
Look at what they did to VMWare. If you were a VMWare customer you were and are in deep shit right now. The fact this conversation between Intel and the Grim Reaper is taking place means everybody, from consumers to OEMs to clouds need to divest away from Intel today.
Sell what you have while you still can get some cash for it and remove it from consideration for any future plans.
It's what used when multiple people edit a Google doc at the same time. But most source control systems are also based upon these datatypes.
Most distributed systems will have components that correspond to a CRDT. However there is not always awareness of this abstraction and the laws that govern it.
This isn't a bad write up because it's actually focusing on the properties, rather than the utility creating the intuitive understanding that one can not only design such datatypes but also discover them in existing designs.
But i agree that if you never heard of them, this isn't the best introduction, because it doesn't mention use cases or implementations at all.
> It's what used when multiple people edit a Google doc at the same time.
I expect Google Docs is still using Operational Transform, rather than CRDT, which solves a similar set of problems, the former being suited for running off centralized servers and the latter being more suited for distributed scenarios. Though you could still certainly create something Google Docs like with CRDT.
> Didn't they explicitly acquire the people behind CRDT's.
They may well have hired some of the cohort behind early CRDT research. But I don't believe that work was ever directly applied to Google Docs, from what I've read. Google probably has other applications for CRDTs far beyond anything I'd comprehend.
> Wasn't it also part of Google Wave?
The whitepapers and other material I've read all points to OT being used for Google Wave, which was later applied to Google Docs as well.
>To me it's pretty clear reason why they've gone after Telegram is the Channels and Groups. Seen from a certain perspective Telegram channels are an alternative to Reddit, and have been popular medium during COVID and the Ukraine war for "alternative news". By now Reddit is properly controlled and subdued but Telegram isn't.
This is full on speculation. Right now the reality is you can buy underage people, drugs and weapons on telegram. ISIS recruitment channels, etc.
Would it be bad for AI to start moderating / flagging speech? Seems like it could vastly extend the range of human moderators and also spare humans from directly scrutinizing harmful graphic content. Big Robot Brother reminds me of the anime Psycho-Pass.
Speculation is a crucial part of decision-making, especially in geopolitics, where hard data is often scarce. Governments frequently act on leading indicators to preempt potential threats, whether it's about national security or information control. Dismissing this as "pure speculation" overlooks how critical decisions are made in complex, rapidly evolving situations.
> Playing the "free speech" card is disingenuous.
This isn't about free speech; it's about narrative control, especially with the upcoming U.S. election. Controlling platforms like Telegram and TikTok is crucial for influencing public discourse. Recent U.S. regulations targeting TikTok further highlight how critical it is for governments to manage the flow of information as elections approach.
There isn't a fixed number of Linux users. Your economic model for this is misguided.
System76 seems to want to sell to engineers, researchers and data scientists. The competition here is a MacBook with the typical Unix ecosystem or a Windows laptop with WSL.
So this allows them to take control of the total user experience and increase their customer base.
Their target audience is people who want and need a Unix based environment, are power users, but don't want to play around too much.
So this investment is intended to sell more laptops. I think they have a fair shot at making this pay for itself and they have a small but reasonable opportunity to grow exponentially and become a player of a seriously different size.
I would assume people on HN could appreciate the ambition.
Why would we be thankful for that? It was meant as an ironic illustration that highlighted some fundamental issue with our theories about quantum states.
However irony never survives popularization and it instead it became the opposite in popular discourse.
Yeah. It's victim blaming. Reminds me of "they should have shouted louder".
The confusing thing is the crime itself is small on an individual level. The question is: does it add up cumulatively if a small crime is committed against many?
I don't know if it's "Victim Blaming"...I teach Digital Literacy courses for seniors new to technology. While I do set them up with Firefox and Ublock, we generally have them use Gmail as they are all Android Devices. Google sends a confirmation email to walk each one of them through their security settings. Of course most users just ignore this email (like I used to have students do) but now we go through it and uncheck this setting in all my courses, and unpersonalize ads as well. Feel like the most basic user who has even the tiniest concern of data privacy should know how to look at their Google Account settings. These are 80 year olds who don't even know what a "click" is but they know to be skeptical of using Google.
please also explicitly teach folks to re-visit settings frequently; apps/webui's love to change settings, and often opt-in to new "features". one thing i feel is underrated is the frequency at which those settings change on users for the company's benifit
I feel like they are announcing that OpenAI is going to be getting worse at answering technical questions.
I use OpenAI because StackOverflow answers are just the absolute wrong answer. A combination of gaslighting (you shouldn't be having this problem), dogmatic enforcement of good ideas that started as guidelines and problematic example code that should not be trusted. You are better of with a reddit thread or a blogpost and much better of with actual documentation. StackOverflow is the thing that causes the bugs and the tech debt in the first place.
At least now OpenAI's competition has a fighting chance, because their models won't be poisoned by SO
Obviously, for the stock price to go up money needs to come from somewhere. It makes sense that this deal would lower the NVidia stock price, so technically it will be NVidia investors waiting too long to respond to this news that will be paying for this. A tax on the mistaken believe that NVidia has an monopoly on putting transitions in a particular configuration which they obviously don't. The rest is just momentum and this would kill that.
The real winners will be TSMC and ASML