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It's like what happens to software when it gets stuck in states it hasn't been programmed to handle. Print 'Oops' or 'Erm' 3 times and carry on.

VFX is 250K for 5 shots. Total VFX budget is 500K. And total post production is 10 Mil. Or ~14% of the whole budget. These days I bet it's probably double or triple that.

Might not be too bad ala 1800-1900 there were a lot of powers but no one was strong enough to dominate everyone. Things got peaceful.

No one has any great theories on what to do about info overload. So it's going to suck until someone comes up with something new.

Does govt charge sales tax/vat on rent in UK?

There is a diff between extinction and stagnation.

Wall St wasn't bailing on Netflix shares in 2022 cuz they thought Netflix would turn into Napster. When subscriber numbers don't grow it's a signal of reaching the max number of subscribers on the planet who can afford to pay monthly for content

Netflix execs for years had been braying about how the internet has billions upon trillions of people. But if your subscriber counts start strugling to increase once it reaches 250 mil that's a sign of hitting people who don't have cash left in the pocket. After that peak is reached it doesn't matter how superior your tech stack or business strategy is to the competition.

It's sort of like AT&T. No one believes AT&T is going to shutdown and no one believes AT&T is going to find new customers. Cuz they have already captured those who can pay.

Growth investors will go look for other shares to buy.

More like an overwhelmed super power drowning in the info tsunami, confused and loosing its collective mind. With no architecture in sight to reduce the info overload just increase it.

It depends how fucked up the rest of the world gets. As long as the rest are blundering about, killing each other, energy/trade flows keep getting disrupted the US can coast. The time to start sweating is when there is peace and China, India et al start realizing they don't need the US for too much. That's when the party ends.

Not really. AI has lot of kinks to work out. So hiring is happening on that front. Lot of other factors caused over hiring and correction - covid - central banks lowering and raising interest rates - govts increasing/decreasing spending - wars - china/russia disconnection etc

Finance innovation has outpaced technical and creative innovation. So most companies are dominated by financial engineering.

Any firm with offices located across the world are making cash just moving it around faster than you can make it with a product. And profitably. Taking advantage of exchange rates, interest rates, tax rates, subsidy, tariff differences etc etc is a more sophisticated process these days than anything you see in a factory.

The chimp troupe hasn't su4vived as long as it has, with out discovering a whole bunch of tricks to prevent Schismogenesis. We do it unconsciously. Next gen will do it consciously.

Trump or whichever panderer will get the like/view/clicks anyways

Since platforms signal to everyone popularity or engagement = quality. And no one is proposing anything better. As content/noise explodes with everyone broadcasting, the pressure will keep growing for mechanisms that generate signals of quality. If the mechanisms are poor, random and chaotic things will keep Emerging out of these systems.

Microtargeting is an added bonus for the attention seekers and panderers. You can regulate micro targetting and it won't reduce the things that get propped up by the algos.

There is a reason radio spectrum is regulated. If everyone broadcasts without any coordination all you get is massive noises where no one can hear anything anyone else is saying. And that's pretty much what's happening now. Mechanisms to increase signal and reduce noise are half baked.

More accurate to say FB and any platform that uses Like/View/Follower/Click counts as a Signal of High Quality to the entire population automatically has no control over what emerges.

People have been talking about this for 15+ years now, without proposing an alternate Signal of Quality.

It's probably not possible if you give everyone, as social media did, the ability to Broadcast to the whole planet. For free.

No one had this ability in the past. You had to buy spectrum or a news paper or TV studio or satellites etc.

So we have everyone broadcasting contributing massive noise and a highly unreliable mechanism to Signal quality.

We can crucify Zuck but it won't change the fact no one is proposing alternate info flow architecture for the net.

Dont worry about the macro trends. Its a distraction. Just move to where ever the cash is. The cash is always moving. Like water searching for level. This is what the average tech worker from the rest of the world has done to survive. Moving to South Korea or Dubai is better than driving for Uber.

We have to act cause peole arent using Microsoft Cloud to generate this shit. As it is no one needs Windows anymore. How can we live in such a world?

Music feels like such a powerful mysterious thing. Awesome to see it can change the brain.

Thanks will check it out. But these books are usually overloaded with the creative and tech side of the struggle and gloss over where the cash comes from and how it's kept flowing to keep the lights on.

Similar to Hurricanes but were we can't tell where they will be next week.

We need nitter to be read/write then we set.

Maybe I am watching too many series on drug lords but Game studios feel like money laundering operations. How do you even give a group 100-200 mil and say ok go make something for 3 years or whatever with no guarantee it will work?

> Digital transformation has become a goal in its own right, rather than a journey undertaken by skilled practitioners with a destination defined by the business itself

Destination gets harder and harder to agree upon as groups get larger.

AI replacing jobs hype is exactly like Bitcoin replacing banks hype. The hype engines are cheap to run 24x7 at global scale and are running at max efficiency these days. One day they are hyping Politicians. Next day It's aliens. Never ending with no fix in sight.

Idk man Bard has been better than ChatGPT imho.

It has reduced my time spent on Google Search or watching long youtube videos (which is where most of their Ad revenue comes from). Not sure if thats already showing up in quarterly results but it's a hard job keeping those numbers up while this big transition is happening. Doesn't matter who the CEO is.

That's cause of time frames involved.

Think kahnemans system 1/system 2 or the difference in reaction time of the (electrical)nervous system and the (chemical)endocrine system.

Culture generation happens along both time frames.

Engament metric driven social media and news media are all system 1. Reaction times ate fast. There is no system 2. It's still evolving.

So current Culture generation doesn't exhibit system 2 fall back when required.

It's not like people can generalize either. There are lots of famous drivers who ended up dead while driving.

Ex-chairman of TATA group died in a traffic accident. Look at Steve Jobs. Sometimes shit happens. Life goes on. First rule of risk management is to be able to accept that or you are not fit to manage Risk.

It can be fixed.

People need to learn some basic finance if they want to influence how creator economy businesses run. If you can't do that make friends with business experience who you can trust and rely on. If you can't do either, don't get into a creative field.

Most of the time creatives just hand over all financial decisions completely to some one else.

And then guess what, the financial engineers gain much more influence over how the business run. Even Disney is being pushed around (see Nelson Peltz). And the reason Peltz and finance logic hasn't totally over run them is there are people with finance skills saying profit maximizing, cost cutting finance logic cannot run this shop.

You will not find a single sucess story in a creative field without someone with business skills involved.

Who captures Attention wins. Doesn't matter what the Quality of the content is. They get locked into 24x7 Attention capture arms races. Not participating is the equivalent of Coke deciding to reduce it's Ad budget to 0.

He is a stand-up comedian. Ron Paul rhetoric minus Ron Paul solutions or any solutions for that matter, which makes the whole routine even more bizarre.

Maybe doesn't matter. I have shifted quite a bit to Bard. And have been wondering whether I need Google Search anymore. Its taking me back to the days when Google first came out and suddenly noticing I was using Google search all the time.