It's not just strange, but completely regarded, _assuming_ no more information, but since it's JPM, of course they know more, which probably make it a lot less regarded.
I would not be happy with this trade if I had any $JPM.
Their web-application is worth $200,000. The software of the training infrastructure is worth perhaps $2M; the inference infrastructure is worth perhaps $500,000. Their hardware is worth nothing in 3 years. Their B2B relations are worth perhaps $5M. The "data" they have is worth nothing in 5 years, because a sufficiently smart model will be able to learn without human feedback.
They have no moat. So, how do you get to $4B?
I think the models are wrong way too often for relatively simple queries, so unless they give a secret prompt like "be wrong a lot in the free version" to users, it's basically worthless.
I hate virtualization with a passion, because it's just more crap that doesn't work written by people that shouldn't touch computers.
In theory, it's great. In practice, if you need to get "support" from someone else, it's not so great anymore, as all these companies have been discovering.
I would use VM technology if whoever wrote it would provide me with a contract saying that if anyone were to find just one program that would crash their VM (while not crashing a real machine) or miscompute, that I would get a billion dollars.
To answer your question: I was smart enough to never use it in the first place.
The only kind of person who would say that they hate virtualization is a hardware vendor. Because of conflict of interests.
In this light, Broadcom, a hardware vendor, who buys a popular virtualization product does a "smart" move - it supposedly eliminates the very thing that eats away their profits. But it only looks smart to the vendor itself. For everyone else, the move looks unprofessional and incompetent.
I never sold hardware, so there is that. I am rather anal about correctness and virtualization products are really complicated and as such almost nobody gets them to work reliably (if there is just one known bug, it's trash, IMO).
Many countries have false advertisement laws, so if you say something is open source, it does mean various things. So, if you sell the product for free, then of that free product the source has to be practically available.
> Without proper press access how is there any real accountability?
No.
Real accountability is that the people can torture their leaders when they fail, but that just doesn't happen anymore.
Imagine that this was just a big rock and Trump was sitting on top of the rock like with a group of apes. Also, let's assume that Trump had set fire on the entire banana supply. Do you think the apes would not have picked a different leader immediately?
Rational people would understand that if you make people lose billions that there should be consequences, but someone the world population is more stupid than a bunch of apes.
The election was less than a year ago. As an outsider, my genuine belief is this is what an average American wants. And honestly, it is what it is.
I mentioned this before as well, but this all can be viewed as a side effect of the general population not feeling improvements in their lives and not having optimism. Hard issue to solve, if I’ll be honest.
They had an election, and in California there was 1 vote for Trump for 1.52 votes for Harris [1] so even within one of the bluest of blue states, 40% of voters support the current administration.
California, like a lot of other "blue" states, turns deeply red once you get away from the cities and into more rural areas. It's just the cities have so many more people that they dominate statewide elections.
What's wrong with that? Do you think the popular vote should pick the president and half the country is ruled by people that prioritize living in a city and all that entails.
The US is preparing for war and disinformation is a tool in such a war. The Pentagon just wants the same level of control as the other authoritarian regimes.
It kind of shows that "democracy" was never real to begin with.
Certainly with Sora 2 level of technology they can just claim whoever they don't like has blown up a federal building while they were asleep. It's not like you can have an alibi when you sleep and everyone sleeps. In a way, this AI nightmare necessitates protocols for protection against false accusations like only being able to open the door exiting a house when three other witnesses are present. There are cryptographic solutions like verified cameras, but almost nobody has those now, not even news crews publish signed videos.
Journalism in war time has no real meaning, because if it's secret information the journalist basically becomes an adversary and at some point it becomes cheaper to kill them. Those waging wars have historically always been corrupt. So, that leaves repeating whatever the Pentagon wants you to know.
Also, calling the US a democracy is like putting lipstick on a pig and saying it's a hot babe.
Perhaps Switzerland still has a democracy, but most kind of suck in various ways (and most importantly, don't do anything to improve their democracies). In a real democracy, there would be continuous improvement with better checks and balances. At some point you start to wonder whether democracy just exists to give people the illusion that their voice means anything. Also, in a real democracy there would be equal opportunity and advertising budget for all political parties. That's just not the case in many democracies.
So, blatantly obvious autocracies are probably worse than our current "democracies", but let's not pretend democracy is a thing right now.
Unless you physically build the FPGA, you still have a black box, but you just shifted the problem (now, I am not saying that this is a bad thing, since if you run Linux on Intel, it's still proprietary and people still run Linux).
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