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Cake day: August 22nd, 2023

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  • there is no monthly interest in regular accounts here unless you put it in a savers account. but yes I do and I know that my pension usually invests the money too without much flexibility on where to invest it in. so unless you are Ron Swanson there is no complete disconnection from this web. but the fix is easy: all I have to say is “individually major share holder” since those will be the ones deciding about company policies not me.

    I think any company whose only shareholders are made up of people holding 0.000001% in shares wont suffer from the same consequences a company does when there are shareholders like %10, 20, 30 etc. Same difference between having billions or hundred thousands.




  • Well also because he was likely just a pawn. at the root of all this are the shareholders who are billionaires and who likely make the calls regarding company policies. this guy was likely just their lapdog. so even though a rule of no more than 500mil would not deal with this guy, it would definitely have prevented the existence of a parasite company of this scale. I would still say though 50 mil should be sufficient. It will allow you almost all the reasonable luxuries you can imagine if that is your thing.













  • iAvicenna@lemmy.worldtoMicroblog Memes@lemmy.worldBro
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    12 days ago

    extreme is tech bros hyping ML and AI for not what it is to get shareholders to pay millions to projects that will likely not achieve its end goals. Anyone in the genuine ML and AI domain should be pissed because it is going to reduce interest and trust in these domains when the bubble bursts and then real researchers will be left to pick up the pieces whereas the tech bros will likely move onto the next thing.

    Things that chatGPT, gen AI etc can do now? They are already crazy wild to me. But somehow to create more hype about it, they are advertised as being one step away from AGI or one step away from flawlessly pipelining creative processes. It is neither of these yet and from what it seems throwing more data to it will likely not be it either. But of course if you come up with a plan like “we need to double our compute bro and then we will have AGI bro” then you can get investors to pay double or quadruple of what they paid before. So in summary, they are basically con men.