And also set up moats so for security only they are allowed to push the state of the art forward.
2,570 karma · joined April 20, 2025
And also set up moats so for security only they are allowed to push the state of the art forward.
To me it's pretty clear. The earlier investors take out all the possible upside and then dump it on the retail market. The retail investor will be less and less able to buy stock that will grow 10x and more. It's hard to imagine SpaceX, OpenAI or Anthropic will multiply in value after the IPO. They are priced in a way that they have to execute perfectly for a long time to justify even their current price.
Just another step for the super wealthy to keep profits for themselves instead of letting the broader population to benefit.
Is there something similar for the web now? Easy UI editor but a fully featured language behind with direct database access.
I am believing more that with advances in AI and then also robotics the capitalist system as we know it will break. The question is what comes next.
I always ask partisan people "what would you think about this issue if the other guys were in power". It's pretty sad how it has become normalized to find the same thing ok when one party is in power and being really angry about it when the other party is in power. Unfortunately Krugman can't resist that temptation either.
Can you enlighten me on these reasons?
But there definitely seems to be a lack of ambition in business and technology. For example, the car companies seem to be more coasting on past successes vs pushing things forward. Europe is also not trying much to compete in AI.
Just wait a few months/years and then some smartasses will come with a novel approach nobody ever has thought of before. Let's call it "context menus". They will give rapid access to the most used features without the tedious typing.
Until MacOS 27 the text context menus had items "Writing Tools" and "Proofread". Quick and efficient. MacOS has dropped these items and replaced with "Ask Siri". Now I have to type "proofread" every time and pray Siri agrees that it should proofread the selected text. Once it has done that, do i have to type "replace"? I don't even know.
There is a reason why UIs became popular. Command lines are fine but hard to discover and tedious to use. With AI it's even worse. You can't know for sure the AI interprets your commands in the way you intended.
Sometimes it feels like they are well funded but the people running the programs live in a (very expensive) dream world that has no connection to the actual need.
Exactly, not "even", these huge companies have to squeeze money out of everything. To keep their growth rates up, they have to make bigger and bigger swings.
"Innovation" as in marketing expenses and stock buybacks?
A) can probably only be fixed with regulation. Why would hospitals and insurance otherwise make prices transparent? The current state serves them really well.