• Hohsia [any]
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        192 months ago

        Well if the US isn’t going the legal route now something tells me they’ll do whatever to keep power side-eye-1

    • piggy [they/them]
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      222 months ago

      The reason closed source models are unoptimized is a way to mislead competitors and attempt to move the competition from one of technological prowess to one of courting investment.

  • WhatDoYouMeanPodcast [comrade/them]
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    2 months ago

    -1 trillion in tech -> a bunch of lemon companies go out of business -> commercial real estate get like 3% cheaper -> real estate market collapse -> Trump tries to loot some country in a war -> thwarted by coalition -> can’t afford military anymore -> USD loses its global reserve status -> -1 trillion in global privilege -> collapse of everything else American -> Israel can only be sent hundreds of millions in arms instead of billions -> dissolution of the entity

    Funny enough, bullish for bitcoin

  • Cimbazarov [none/use name]
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    452 months ago

    Why are free market enthusiasts panicking? I thought competition was supposed to bring about the best results? Or was that just a load of bullshit to let domestic monopolies control everything?

  • Torenico [he/him]
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    402 months ago

    What does this mean to me, a overexploited proletarian living in the global south?

    (Like for real)

      • Enjoyer_of_Games [he/him]
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        62 months ago

        removing CSAM is one of the major hurdles for operating fediverse servers so this could be good for lemmy as a whole

    • @OhNoMoreLemmy@lemmy.ml
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      2 months ago

      The new LLMs are smaller and more likely to run on hardware available in your country. After all they were developed despite the US chip embargo.

      This also means the US might slow down on the new power stations and resulting climate change, but probably not.

      Not sure the new tech will actually be useful though.

  • @rando895@lemmygrad.ml
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    312 months ago

    Not that I like even thinking about stocks. But I wonder if betting against a rise in stock price for NVIDIA is actually worth it right now…

    • @BRINGit34@lemmygrad.ml
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      2 months ago

      I’ve seen some predicting 105 eod and at that point you’d be doing pretty well on puts. I just burned my ass on contracts friday though so I’m staying well away from this.

      I swear puts make so much sense but who knows in this fucked up casino

      Edit: Looks like most of the drop was just in pre-market. But who knows. Could drop some more. I’d say this made a lot of people rich. And even more poorer

      Double edit: Unless you bought puts friday I’d say you’ll lose your ass on puts today. Looks like a slow burn and I imagine premiums will cut away your profits. But who knows maybe it will dump later today.

      All in all a total decimation of the U.S. stock market this is not. But it could be a sign of a bubble soon to pop

      • MayoPete [he/him, comrade/them]
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        12 months ago

        I could see Puts on QQQ or other tech heavy ETFs being a good interday trade. IDK what a good Put would look like as a long term hold. Like you said Theta eats away at your value.

        Options aren’t built for long-term speculation. Maybe futures are the better way to trade this dip?

    • blame [they/them]
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      172 months ago

      short term? maybe. long term? probably not. These models still need to run on GPUs even if they’re cheaper to run. This could induce demand for more GPUs.

    • aqwxcvbnji [none/use name]
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      22 months ago

      You can never beat the stock market. Individuals always lose compared to financial institutions. If you want a bigger return on your money then in your savings account, buy government bonds. At least you’ll be certain you won’t lose the little money you have.

    • johncutting [he/him]
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      92 months ago

      This photo of panicking traders with tears in their eyes is the only true bit of art that AI has ever produced ``` 1000012806

    • @Justice@lemmygrad.ml
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      82 months ago

      Call it Titan II because it’s sinking more money faster than anything since that beautiful imploding submersible

      (I just wanted everyone to enjoy the memory of when that stupid submersible imploded. Almost like a prelude to Year of Luigi. Now China is trying to 1929 the entire AI tech bubble)