If they’d only waited, their investment would be up 40x today.
Timing is everything.
If they’d only waited, their investment would be up 40x today.
Timing is everything.
A reminder that while Congress failed to pass any voting rights legislation in 2021 and 2022, it did unanimously pass a law making Juneteenth a Federal holiday.
A master class in performative actions while actual substantive change is lacking just like this photo op.
Amazon’s One Medical, 24/7 on-demand virtual care for $9/month, has been found to endanger elderly patients because it’s staffed by call center staff without medical expertise.
This is sad but also what I’d expect for $9 a month service from Amazon. They’ll probably use AI next to further cut costs. 😬
I’ve been on both sides of this conversation
Adults buying toys for themselves are now a larger source of revenue for the toy industry than literal children.
This continues the Gen X trend of refusing to leave behind video games and comic books as we age while children are now mostly just video & digital content consumers
https://nypost.com/2024/06/14/business/grown-ups-surpass-preschoolers-as-the-biggest-toy-consumers/
One of the most fascinating facts about online advertising is how every product or business you interact with from your TV to your grocery store literally sells your data to advertisers EXCEPT the companies everyone thinks sells your data, social media apps and Google.
The answer to why your Smart TV was so cheap is that part of the price is your viewing habits being used and sold for targeted advertising.
https://www.notus.org/2024-election/streaming-tv-campaign-ads
Whenever I see analysis that says based on this growth chart, so and so product will have massive adoption and revenue in five years, I remember this tweet.
Who would have ever guessed that this was the solution to unhappy workers?
The keyboard they give every senior engineer upon promotion.
AI is both expensive and people are being socialized by big tech to expect it to be free. There's either going to be an ugly enshitification cycle or massive wind down of products as companies figure out this isn't sustainable.
As announced in February, Google Pay is no more. Last week the Google Pay app automatically signed US users out and asked them to start using Google Wallet.
The family tree of Google’s payment apps on Wikipedia now needs to be updated.
This is not a serious company.
Are Ponzi schemes OK between consenting adults? There are clearly lots of assets today that have no intrinsic value besides being able to sell them to a bigger fool. Bitcoin, NFTs and GameStop shares are three examples.
However most people buying these understand the game they’re playing.
Microsoft is reworking its widely panned Recall feature. It will now require opt-in, encrypt the screenshots and require authentication with your face, fingerprint, or a PIN to view the timeline.
All good changes which should have always been the plan.
https://www.theverge.com/2024/6/7/24173499/microsoft-windows-recall-response-security-concerns
We will look back at Sam Altman hyping how dangerous LLMs are as a huge unforced error.
Instead of governments trusting OpenAI and regulating their competitors, it’s quite clear they are no more responsible than anyone else. So if the tech is really dangerous then lock it down.
New York is about to pass a law that will require chronological feeds and ban “For You” style feeds for people under 18.
This is a more effective TikTok ban than what Congress passed since a chronological firehouse of TikTok videos would just be unwatchable noise.
Yesterday I made a joke about EU regulators racing to start antitrust investigations of Nvidia after it hit $3T market cap.
It turns out the DOJ & FTC are investigating all 3 of the top companies in the AI ecosystem for being too dominant which just seems weird.
Investigating Nvidia or OpenAI for being too dominant in AI makes it seem like these antitrust investigations are about punishing success. Breaking up Nvidia or OpenAI sounds absurd especially when the industry is fairly nascent
GPUs are a scarce resource and if you run multiple companies that are all using AI then you’ll have to play favorites.
Matt Levine had a newsletter on the topic of Musk’s investors now having to guess which company he’ll focus on. Looks like Tesla lost this round.
It would be quite silly for E-Trade to ban someone for being a literal stock market influencer because they told people what stocks they bought.
Isn’t this literally the entirety of CNBC’s programming?
Big tech CEOs like copying each other. If Google can layoff hundreds on its cloud division after $23B of profits in a quarter, Microsoft can as well with $21.9B in quarterly profits in the same quarter.
Trying to explain to my kid why a convicted felon can't vote but can still be president.
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