What do investors want? Returns on their investment right.
So, as an investor do you throw your money blindly at a high risk endeavor that is likely to fail due to competition, or
Do you invest in setting up a limited rent seeking market that guarantees income in the future.
Unregulated free market capitalism always turns into one large bully that dominates over everyone else because one large bully that dominates over everyone else is a very effective system. Vote based governments such as democracy are a means of attempting to ensure that said government are somewhat controlled by the people and not by a king/corporations in the first place.
For instance on Matt Stoller's blog there are endless articles about how private equity is buying up medical practices, veterinary practices, cheerleading leagues, all sorts of low-risk, high-reward rollups. You also see things like the current AI bubble where there is very much an "arms race" where it seems quite likely that investors are willing to risk wasting their money because of the fear of missing out.
Some other kind of social system is going to face the same trade-offs and note that "communism" in the sense of the USSR and China might not be a true alternative. I mean, Stalin's great accomplishment was starving his peasants to promote rapid industrialization (capital formation!) so they could fight off Germany and then challenge the US for world supremacy. People who are impressed with China today are impressed that they're building huge solar farms, factories that build affordable electric cars, have entrepreneurial companies that develop video games and social media sites, etc. That is, they seem to out-capitalize us.
-ish. I often keep md files around and after a successful task. I ask Codex to write the important bits down. Then, when I come around to a similar task in the future, I have it start at the md file. It's like context that grows and is very localized. It helps when I'm going through multiple repos at multiple levels.
I’m also doing similar with fairly decent results. AGENTS.md grows after each session that resulted in worthwhile knowledge that future sessions can take advantage of. At some point I assume it will be too big, then it’s back to the Stone Age for the new agents, in order to release some context for the actual work.
As a devout Baptist minister, this is likely about one of two things, avoiding the appearance of evil (gambling, 1 Thess 5:22 - Abstain from every form of evil), and giving up something for the sake of others (gambling addictions within the church, Rom 4:21 - or do anything that causes your brother to stumble).
The reality is that most churches recognize that they were too legalistic in the past, and so now address things like gambling more directly, and are perfectly ok with playing cards. FWIW YMMV :-)
I was under the impression that the injunction against playing cards was because of their proximity to tarot/occult practices. Mormons had the same injunction against playing cards until the 80s, when the teaching was no longer promulgated. Speaking as a former Mormon...
Sure, but let's say you do EKS, you set it up once and then it's mostly done, including security, etc. You set up your own, then you upgrade every 6 months manually.... this is a cascading cost.
This takes time and effort, thus, lost opportunity cost. The thing that makes these providers worth it, is that it lets the business focus on their core competencies and just add-on as they scale without worrying about complexity. A business owner who hyper-optimizes for every contract is unlikely to be focusing on growing their business, even if their business is more efficient on paper.
> This takes time and effort, thus, lost opportunity cost.
Why should we assume this for every type of business.
> The thing that makes these providers worth it, is that it lets the business focus on their core competencies and just add-on as they scale without worrying about complexity.
Since when? Mastering the complexity and implementation of infrastructure from US cloud providers is a skill that takes time in itself. Personally I don’t see how Scaleway does not provide the same for example.
At some point we have to question are we choosing AWS, GCP, or Azure out of brand name, convenience, and marketability. Our if they actually enable faster business execution, higher availability, security, and regional compliance that alternatives don’t…
It would make me very uneasy to have my company be 100% dependent on another company. It sure is easy and convenient to just go to AWS/Azure/GCP pick all the components I want and plug them together but I'd say leading a company is not always choosing the easiest but sometimes the most sensible option.
I found this pretty interesting, but would love to either see external inputs (news feed), or perhaps give the models more space. It seems like they might start collaborating more fully if they only had more space.
My first thought was why would someone halt their socials? Too much holiday time? Then I realized this was social media :-P. Socials to me are precisely NOT social media. Is this a common language usage now?
If it goes into a codified state system, it's regulated, resulting in a lack of motivation to take risks to make it better.
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