• 0 Posts
  • 175 Comments
Joined 1 year ago
cake
Cake day: October 4th, 2023

help-circle
  • Most male computer uses watch porn and would not want an AI to log that. Many women find porn sickening and don’t understand it and will never understand male urges that result in watching it. The fact that this got into a finished product tells you a lot about Microsoft’s corporate culture.

    Excellent point. We saw exactly the same phenomenon play out with Google and Gemini. The tool created racially diverse Nazis. Even a few minutes with the tool revealed major issues. There must have been hundreds of people who witnessed the slow moving train crash in realtime, but were either unwilling or unable to speak out. I think these companies have clearly cultivated a hierarchical culture of fear and intimidation. I recently left a job in which my manager was ex-Google. The stories she would tell were appalling. Her command-and-control style was, frankly, disgusting. She permitted zero critical feedback or discussion. It was her way or “fuck off.” I found that very instructive as to how these companies have morphed into shells of their formers selves. I’m not bullish on the future of these companies. They’re coasting very well on the fumes of their historical successes, and I think their demise is all but assured.
















  • JasSmith@sh.itjust.workstoMemes@sopuli.xyzI'm working on it, ok?
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    8 months ago

    You will never make more interest on an investment than you will get charged interest for the same amount as a loan.

    The historical S&P500 average is 11.88% annualised. Unless your interest rate is above this, you’re better off investing. In reality it’s more complex as there are tax considerations, liquidity, risk, opportunity cost etc to calculate. If your interest rate approaches this, paying down debt is indeed the best course of action.



  • Shorting a stock in effect means selling a stock you don’t own. The stock market derives price based on supply and demand. When more people are selling than people are buying, the stock price goes down. There are many more dynamics at play than this though. Often there are investment firms which will identify a price mismatch and attempt to price out the short sellers by buying and pushing the price up. This can trigger a short squeeze which makes the price suddenly pop.

    IPOs are exciting times to be a trader, but individuals are largely in for the ride. They can’t move the market. If they identify one of these larger plays they can join the fun. Game Stop was one of the first examples of a consumer-driven play, and it scared the shit out of institutions because it upended their risk models.