No they shouldn't, because American Koreans are for the most part very anti-DPRK and American Chinese are very anti-CPP.
American Jews are very pro-Israel and donate heavily to politicians promoted by the Israeli lobby so it's less of a stretch to suggest that they might be aligned.
There are tons of Jewish people are against Bibi's government for a long time.
These kind of generalizations for average citizens are so dangerous. Today you are racists again Jewish group, tomorrow someone will do the same to other races.
It's similar to tokenmaxxing in various companies. Who cares about reviewing the design and the code, just code generation all the way. If it runs it's good
The competitors of $65/mo subscriptions are the free models and services that are good enough. It will only get worse as open models or free tiers catch up. For most people, they just use whatever that's free
Apple TV, Netflix, BritBox and PBS add up to about $45 a month. Most people are gonna judge AI up against what they’re already paying for and the AI model makers simply don’t have a good enough product.
There’s only two things useful to the average person something to help them translate and something to help them write in everyday life.
Something else that might be useful would be local single purpose AI agents who’s remit is to help you with one specific task, but I don’t think that’s what the people building those expensive data centers want to sell to the market.
> Apple TV, Netflix, BritBox and PBS add up to about $45 a month. Most people are gonna judge AI up against what they’re already paying for and the AI model makers simply don’t have a good enough product.
What's the actual TAM for premium tv subscriptions though? Unlike free models which are keep improving, you can't get premium tv for free. Also they are actually competing with the total subscription price a person is willing to pay for a year.
> There’s only two things useful to the average person something to help them translate and something to help them write in everyday life.
Exactly, free models are good enough for these tasks.
I just don't see how b2c is a large enough market to ask average Joe to cough up hundreds per year when there are free stuff everywhere. B2b is another story
Isn't the recent Oppenheimer about building organizations, politics, and courts? There are bombs scenes but majority of the movie is the supposed boring stuff
most of the movie is about his personal thoughts about making the bomb and the direction things go with brinkman ship. I disliked the movie because it spent so little time on on the building.
Exactly. I write my own notes in markdown, it works with or without a viewer app. I am not even sure if there is a better alternative. This format is good enough for most of the casual and semi serious use cases
You can just choose not to play the accounting game, and only choose the ones that actually gaap viable as investment opportunities. For example mag7 - tesla are all relatively cheap when they dip.
Some times the best play is just not to play. If you think they are too risky, walk away. There are enough good oppotunities
> mag7 (minus) tesla are all relatively cheap when they dip
I asked ChatGPT for a list of Magnificent 7 stocks and their most recent price to earnings (PE) ratios.
Company Ticker P/E Ratio
Apple Inc. AAPL ~33
Microsoft Corporation MSFT ~25
Alphabet Inc. GOOGL ~29
Amazon.com Inc. AMZN ~30
NVIDIA Corporation NVDA ~38
Meta Platforms Inc. META ~28
Tesla Inc. TSLA ~378
In the last 50 years, I think the median PE ratio for S&P 500 index is about 15. Seven and below is considered rock bottom, and 30 and above is very high. These PE ratios look pretty damn high to me.
How much do these names need to "dip" for you to consider them cheap?
There are a few things to consider if you are in the investment space:
- Growth rate: you can't compare them to the average single digit growth companies or dividend focused companies. Most of these tech companies revenue are still growing at double digit with good moat. Pe is a good measure but it's not absolute. If you believe they sustain their growth then it's a good bet. And you can choose not to buy in their growth stories too. At the end of the day investment is about judgement call
- History benchmark: some of their pe is at historical low. So they are actually cheaper than before.
- Pe ttm and forward pe: how much pe ttm are they at? how much forward pe are they projecting? If forward pe is significantly lower, that means the current analysts consensus is that they will grow in future
- Pe is the a number but it's not everything. You need to consider multiple things to decide if that's undervalued for you. It's highly subjective as different interpretations are common.
- This post is about if you want to play the gaap game with private tech companies. My point is that there are still many public companies that are cheap at certain point. You just need to be patient and be willing to research and wait. For example, meta at around 500 was a buy for me, but since then it has rebounded it's still good but not as undervalued as a few days ago
The problem is that their current capacity is literally full. They were running a highly profitable business for the last 2-3 years and recently switched up the strategy to build more datacenters to meet the ai demand.
I can see they want to do it as they are currently demand constrained.
We can have different opinion on how much inflation is too much. But the universal consensus is that a little bit of inflation is good. It's ok if you think 2% too high. Maybe 1.25% is better.
But we cannot just dispute this basic economic model and thinking that 0 or negative inflation (which would cause the stop of investment), or no consensus(that would just cause more chaos) is better. That's just absurd
The foreign government is not related to your average citizens regardless of the race in principle.
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