He's sick. My best friend's sister's boyfriend's brother's girlfriend heard from a guy who knows a kid who's going with the girl who saw him pass out at 31 Flavors last night. I think it's serious.
Well we're not going to lower the taxes on normal wage earners, silly.
But we need to lower the taxes on the wealthy and corporations (and reduce or eliminate regulations) so they can distribute their capital to make new water!
Just flag them. They're blatantly breaking the guidelines and they don't care because they're not getting flagged enough.
HN is largely user-moderated and we'll continue to see more drivel like this if people aren't diligent about downvoting, flagging, and reporting especially egregious comments to the mods.
The good news is that not all that '1% of the rich' are leaving. However unless this 28% of all tax figure is wrong, inevitably there will be an increase to counter the loss.
The outcome is not as clear as you make it to be. The Norwegian wealth tax hike resulted in a loss of about $600mn of tax revenue. We will see at which point the british will end up on the laffer curve.
I understand the point people are trying to make with this argument, but we are so far into a nearly universal scam economy where corporations see small (relative to their costs of business) fines as just part of normal expenses that I also think anyone who really believes the AI companies aren't using their data to train models, even if it is against their terms, is wildly naive.
I do know the way of the world, I just disagree with it and would like it to be different, so I make a point of taking opportunities to try and do that. It's possible to understand the world whilst also not accepting it, and encouraging it to be better.
You can call me naive, I will call you defeatist:)
we 1000% need all kinds of wealth taxes. The money's been hoarded for decades and I don't think that money is going to the next generation when the boomers kick the bucket. Inheritance tax, ultra high income tax, taxes on stocks if possible. The government wants to defund food stamps and healthcare while giving the robber barons trillions in tax breaks. Something's gotta give.
Sadly I think a wealth tax would make us all poorer in the end. Most of the wealth held by the top 0.01% is in the form of equities/investments in various industries. Taxing this would literally just suck capital out of the economy. I think taxing real estate holdings is a good idea though (something like Georgeism).
Since when has something being illegal/unconstitutional stopped the current administration from doing anything?
So its still a choice they are making, just one that further shows that with the current administration (and ultimately SCOTUS with their shadow docket bullshittery) the rights of corporations are protected far more than the rights of individuals.
The point they're making is that $currentAdministration ran specifically on a platform countering this behavior and have failed to keep those promises, whereas others which ignored it simply did not mention it.
What ISPs offer and how much they offer it for tends to vary wildly region to region.
If you live in a region where they have no meaningful competition (which is still fairly common in a lot of places in the US) well bend over and lube up.
They'll vary wildly, as much as they think they can get away with, in the hopes that you will never use the service and pay them as much as possible for it, and they'll bury your mailbox with crap to try to wear you down into coming back.
They will happily let you pay for years, for services that no longer exist, no longer connected to any of their networks. They'll take you to court rather than pay anything back; they know they are receiving extra money, and there's a significant amount that comes in, but "oh, it's so confusing, and there are so many legacy systems, we can't possibly catch every mistake."
The money they shuffle back and forth between each other, daily, reeks of book cooking - you might have a stretch of 20 miles of trunk in which there are 20 separate owners - not concurrent riding separate fiber lines, but in sequence, each paying rent to or getting rent paid by the adjacent rider, even though only a single company actually services the entire span.
It's funny how construction companies and ISPs get these rackets going, and then when people come along like these PrimeOne guys and offer a reasonable rate on a decent product, it's somehow vastly disruptive and threatening.
They'll expand, and be encouraged and allowed to expand, and after 5 or 6 years, the big ISPs will start circling, and eventually buy them out, and they'll retire happy. AT&T or Lumen will own their network inside of 10 years, and they'll claim it's modernized and upgraded infrastructure. People with shitty oversold undermaintained cable internet will be left alone until the money stops.
Starlink to phones is great, if it only didn't make ISPs so much money handling the base stations on the ground.
There's fiber all over the US just hanging there, unused, unmaintained, because merger after merger after merger left giant piles of assets under the ownership of companies like comcast and centurylink and at&t, who left infrastructure to rot, often built with public funding, and maintained their local monopolies and shitty service.
Whatever it is we're doing to regulate the industry at a federal level isn't working, but I imagine that's where a lot of the money goes.
A healthcare company I used to work for had a location in CA that, on paper, had 3 circuits - AT&T, Verizon, and Comcast. Each had their own Ciena box in their telecom closet. They were getting a circuit upgraded so one of them was newly installed and we needed to cut over the slowest one to an upgraded one.
Working with the director there, IIRC we traced down the Verizon and Comcast box as actually being connected to the AT&T box. After some checking of circuit IDs on boxes it seemed that the LEC for both the Verizon and Comcast circuits was AT&T, and AT&T was the actual owner of that single physical fiber going out there.
I wish I could sell the same thing 3 times, lol. Contracts were signed on all these circuits so there was no getting out of it.
I'm not suggesting this is all luck, Nvidia has executed very well and their early investments in programmable GPUs really paid off as a result, but a lot of their insane valuation now is due to crypto and then LLMs which are basically two back to back once in lifetime goldrushes where Nvidia happened to be the best positioned shovel seller.
You can run a company well to prepare to ride such a wave should it appear, but you've also got to be born with horseshoes up your ass for this to work out as well as it has for Nvidia
The other thing I find interesting is that Jensen Huang has said that he wouldn't do it all over again. That is, knowing how hard it is now to build a startup, he wouldn't do it again.
I find this pretty crazy given that (at least for now) NVidia is the most successful startup of all time. Imagine the millions of other entrepreneurs, many of whom worked just as hard, who completely failed in the process.
There's almost nothing interesting that any CEO says publicly, including this. They're celebrities; they'll say anything that helps them get higher in the celebrity popularity contest even if they're contradicting themselves during every other interview.
I may concede it's "luck" to start a company in computing, rather than another industry. All the $1T+ companies seem to be in computing -- if you go into fossil fuels or real estate, you're not going to get to $1T apparently!
BUT one thing I didn't know was that, from the very beginning, Nvidia was not a graphics or gaming company. In college, I thought of them as the company that made graphics cards.
Rather, they were looking for applications of fundamental semiconductor technology, and gaming turned out to be the most promising one at the time.
I learned that from one of the Acquired podcasts; it might have been this one:
I'd say it's analogous to Amazon -- Jeff Bezos was actually not interested in books, per se. He was interested in Internet retail, because he saw a rocket that was taking off. The "meta" was that he understood that an online bookstore could inherently have more selection than a physical bookstore. And that he could build this vertical slice business, and expand from there.
This strategy succeeded wildly, and he was misunderstood for a long time.
Jensen said something like "Intel and Nvidia are like Tom and Jerry -- whenever I see Intel in a market, I pick up my chips and run !!!"
So crypto and AI were applications of semiconductors that Intel was not occupying. If you wanted to make money in semiconductors 2000-2015, you would probably go for desktops, servers, phones. But Jensen explicitly understood that his smaller company had to find other markets.
So he made a bet, that turned out to be correct. From that perspective, I would not call it luck. All the big companies have been lucky, to some extent, but they haven't become as big as Nvidia.
It's so, so , so hard to walk the line between persistence (which leads to glory) and stubbornness (which leads to more time following already wasted time.)
-Bruce_511 (HN)
So sure preparation meets opportunity but don't be stubborn just cause you feel like you are prepared.
Work hard but honestly, if you walk the line like bruce said (then persistence will result in you doing the hard work too tbh that's my philosophy right now)
So Everybody just need to figure out this line b/w stubborness and persistance especially in the startup world. But I think we need a book written on this topic tbh,
any suggestions anybody?
Not random, but always in the places where the big and easy to get money is. You're not gonna get much VC funding in Botswana or Bangladesh no matter how good your idea is and how smart you are.
That's why so many sacrifice everything to go live in the bay area even if it's an overpriced shithole full of homeless, drug addicts and feces.
The generated images are awful, downloadable local models can do a much better job than this.
And then on top of that the entire premise of this website is existentially flawed, either nobody gives a shit about your website and it fades into quick obscurity or it becomes popular and you get sued into the stone age by any and all celebrities whose likeness your model is appropriating (and the agencies that represent them, various creative unions they are part of, etc).
FWIW the former is the actual path this will take because of the low quality of the generated images, so that's actually the best outcome for you.
They have already been doing this for years -- over a decade -- with meatbag posters before LLMs were widely available.
How do you think we got to the current political climate in the first place?
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