That’s horrible. I should Google for more information so I can avoid using companies involved with the military.
That’s horrible. I should Google for more information so I can avoid using companies involved with the military.
Pointing out hypocrisy is not whataboutism. Whataboutism is when you bring up a separate topic as a criticism to distract from the original topic. For example, if you make fun of my cooking and I bring up your drawing skills in response, that’s whataboutism. If you suck at cooking and yet bring up me sucking at cooking, that’s just pointing fingers and trying to paint that as a negative for someone else when you possess the same deficiency.
I’m just pointing it out bro, nothing more bro, just mentioning it bro, nothing wrong with constantly running negative stories about China bro, not manufacturing anything bro.
The assumption is that they’ll develop some kind of moat, but there are plenty of other AI models on offer or in development. It would also be useless capturing a market when the companies that would be their customers realize they’re not making money on the AI themselves.
With OpenAI being at the center of the AI hype, I would’ve thought they’d be raking in the dough instead of losing $5 billion. So it’s really just Nvidia making money on this bullshit, huh? It’ll hurt when the hype dies down and Nvidia drops from the second top spot on the S&P 500. We’re all going to feel that one.
I know people like to defend democrats with “BUT OTHER GUY” but this article is about a democrat, so discussing how the democratic party acts is relevant. If you haven’t noticed, biden and the democrats have been sending additional billions in support of israel for over a year now.
If it works like subsidies over here, companies will just jack up prices to eat up the full subsidy.
This must be that innovation which is making the world a better place that these tech parasites keep gushing about.
The exaggeration describes hyperdeflation which is a completely different beast, so it’s not illustrative of the impacts of deflation in general. Either way, you’re focusing on the raw price amount without considering the value of the items being exchanged. If anything, deflation would help with selling since if a store has an item on sale for $10, a year later at 2% deflation selling for the same price it’d be worth 20 cents more in relation to the previous year’s dollar value and the store wouldn’t have to increase the price to make up for a loss in the value of the dollar. From the customer’s perspective, they don’t see a price increase even though the value of their dollar has increased.
Institutional spending will decrease as credit markets seize up. If deflation is predictable at, say, 1-2%, then it shouldn’t be a factor since credit would account for that.
What’s the benefit of making them fire you over simply quitting after you’ve lined something better up?
Because deflation isn’t going to be at that rapid a pace. If inflation was such that an item priced at $3 today gets priced $4 tomorrow, that means a daily rate of change of ~33.33% which is an insane rate of inflation and would be a problem as well, but nobody uses that to claim inflation is absolutely bad.
Who is going to hold off on buying something if it’s 2% “cheaper” after a whole year? People certainly don’t put off buying phones even though phones still get way higher than 2% increase in performance every year or two.
The CIA worming its way into a country isn’t that country merely deciding to set their alliance in their favor.
Didn’t facebook fake numbers before for video views which caused e.g. collegehumor to fold because they thought they could rely on facebook for views?
Say I buy a product for 4$ and the next day due to deflation I can only sell it for 3$, why would I then go and try to trade said product?
That $3 is worth as much as that $4 was now because deflation made the value of the dollar go up. So the only change is that “number go up” didn’t happen on a purely psychological level. If your trade provides value then you can trade for more value.
You’ve got that backwards. People get laid off, can’t buy things, then prices go down because demand is lower.
Technology is inherently deflationary in that superior versions come out for the same or even less money all the time yet people still regularly buy TVs, phones, laptops, etc.
Deflation was a symptom, not the cause, of the great depression.
The source on that is sketchy at best. Logically it doesn’t make sense.
True, and maybe I’m playing a losing game by arguing within that context, but I did want to point out that even under those conditions the “logical fallacy” doesn’t fit.