epicureanideal

I wonder if we need an inflation adjusted measure? Maybe this is CPU shrinkflation?

We can also improve the efficiency of allocation of existing funds.

Good point, but there are probably plenty of formulas that can be derived with simple integrals, as a backup for if those formulas are forgotten.

Also, sounding illegal and being illegal are two different things. I really hope these discussions lead to more posts to neutral reference material, rather than just asserting things are illegal.

For example:

https://constitution.congress.gov/browse/essay/artII-S2-C2-3...

https://constitution.congress.gov/browse/essay/artII-S2-C2-3...

There’s been a lot of discussion here about the legality of some presidential actions over the last two weeks, so I thought I’d find a seemingly neutral discussion of what is and isn’t in the executive branch’s legal scope of authority.

Apparently they do?

Something called impoundment?

https://constitution.congress.gov/browse/essay/artII-S3-3-7/...

One article I noticed that discusses the legality of this:

https://constitution.congress.gov/browse/essay/artII-S2-C2-3...

> You could chuck an endless supply of PhD students at every constituent domain for generations and still feel like you've scarcely scratched the surface of the many things there are to question.

Sounds like a much better use of tax dollars than some other uses!

Wasn’t he authorized by the President, the chief executive?

Isn’t the President able to appoint people to do these things? It’s not clear to me this is not permitted.

Theoretically, but in practice I'm not sure recruiters or other companies can tell the difference between a high performer and a mid-performer.

Minimum wage is a way to avoid total exploitation. The poor have very little bargaining power. But we also need to reduce the supply of labor to keep reasonable wages.

> To help the poor, make it easy for them to climb the economic ladder.

This. The same or more attention should be paid to ensuring there are plentiful, affordable homes, and a ladder of jobs from one level to another, as is paid to social safety nets.

All of them are overvalued compared to historical average ratios.

And NVDA’s P/E benefits from very recent huge spending that may not continue.

Although there’s the Jevon’s Paradox possibility that more efficient AI will drive even more demand for AI chips because more uses will be found for them. But possibly not super high end NVDA chips but instead little Apple iPhone AI cores or smartwatch AI cores, etc.

Although not all commodities will work like fossil fuels did in Jevon’s Paradox. It could be the case that demand for AI doesn’t grow fast enough to keep demand for chips as high as it was, as efficiency improves.

Exactly.

Also, what he’s saying is if 500/4 =125B were NVDA yearly profits (and of course really that would just be revenue, not profit), it’d still mean NVDA should be more like 1875B market cap at a more reasonable 15x price to earnings ratio. If I understand the previous poster correctly.

I wonder if they shorted NVDA before releasing the model?

Please explain.

If I understand correctly this relates to affirmative action and related topics, they’re not stopping all enforcement of all types.

This will likely not decrease our salaries. It may increase them as funds get reallocated away from HR.

At least it’s not home grown propaganda from the US, so will likely not cover most other topics of interest.

Talent everywhere is being wasted because we’re all trapped working for oligopolistic companies or the mediocre-talented leadership of the rich and connected.

Also, because the economy is no longer based on competition, but is controlled by a bunch of industry specific oligopolies, even if the bean counters are wrong it won’t matter, because every other company will be similarly inefficient. Everybody loses, but the people in charge are too dumb to know. Our free market is currently broken.

> You can't compete with lower-wage countries in a globalized world with no trade barriers

I think you’ve correctly identified the solutions.

> STEM field gap

STEM salary gap

I suspect the Taiwan workers have on average much lower salaries.

Thank you pg for writing this!

> we treat poverty as a moral failing

I don’t think we do this consistently, and to the extent “we” do, it’s because we’ve lost the distinction between the working and striving poor vs the poor that consistently make poor choices no matter how much help you would give them.

Thanks for taking the time to explain this.

The “what’s taught in schools isn’t CRT” argument reminds me of the “motte and bailey” argument tactics.

Yeah I’m seeing some of the development but it’s mostly 5 story rather than 50, and very small total area compared to what would be possible.

The apartments are still quite expensive even an hour’s train ride away.

There are robotic construction companies like FBR, and plenty of open stretches of land along highway 101, 680, 880, etc.

Limited yes, but limited by regulation more than anything else. Within a 30 minute drive of SF there are hundreds of square miles to develop on. Pick a dozen at random and build residential skyscrapers. Problem solved.