Viewing profile — ElProlactin

So who actually holds the funds while the shipment and inspection occur? Does Stripe receive the funds from the buyer and maintain custody until they're released, or is Stripe Conn…

> And yet, compared to every military in the past, compared to the fact that war was seen as a normal thing in the past, compared to how it used to be standard to rape and pillage …

> We never release any payment to the sellers before a transaction is inspected and verified by the buyer, essentially like an escrow service but for free (instead of around 7% at …

By that logic, countries like the US, UK, France, etc. shouldn't be allowed to have a standing military.

> I think it isn't that we should save all of it, it's that we are not saving any of it. Random letters, notebooks, calendars, family photos, restaurant menus, etc have all proven …

> The presence of such graffiti adds color and texture to the civilization inhabited by Virgil and Ovid. It does, but do you think that people at that time thought anywhere near as…

There's too much going on in this article and while I think some of the points are valid, others go too far. A lot of the "cultural record" the author refers to is just digital jun…

If you don't trust his intentions, how can you trust anything he does? Just take the opening of this post: > We are fortunate to live at an incredible moment in history. In the nex…

> It is a machine for us to iterate on our present and future prosperity. The former middle class has entered the chat.

Quick AI research: the number of people receiving minimum income benefits in European countries represents under 5% of the population. So I don't think that tells you what happens …

The big question though is: can you have a society in which one group works and another doesn't? Ostensibly, the working group would be the ones who create and/or own all the value…

I don't read that at all in anything he wrote.

> I don’t want to give my hard earned tax money to some lazy dude not working and smoking weed all day. Since this sounds very American, I'll assume you're American. In which case …

> I was talking to a friend of mine and I asked this. She said “of course everyone should be working, I mean, I’d like to be able to buy more stuff” This sounds like the type of th…

> ... detailed financial breakdown like Zitron... Except his financial breakdowns almost always get basic points wrong, treat as mysteries things that are clear, cast simple accoun…

I really don't understand your comment. Zitron has become the poster boy for the "AI bubble". His hyperbolic claims make for good content, which I presume is why he gets such a lar…

The problem is that you can't be considered a credible critic of this stuff when you either don't understand accounting or are dishonest to make a point. Zitron makes too many "mis…

You're never going to make money from that. By the time you're presented with the opportunity to use them, you're on the losing end.

https://openai.com/our-structure/ "Also as of closing of the recapitalization, Microsoft holds roughly 27% of OpenAI Group, and the remaining 47% is held by current and former empl…

Here's the logic since it's not that hard. Say Parent Co. controls Subsidiary LLC and owns 60% of it. Minority Corp. owns the other 40%. Subsidiary LLC loses $10 billion. Consolida…

Microsoft owns a significant minority stake in the LLC to my understanding.

I explained this is a different comment. This is basic consolidation accounting per ASC 810-10-45. https://dart.deloitte.com/USDART/home/codification/broad-tra... I get that not ev…

You can look up ASC 810-10-45. OpenAI isn't a single company. I haven't followed all the details with its structure change/recapitalization, but it's (I believe) a parent sitting o…

First and foremost, it's about competent reporting. You can think a company is doomed and still expect people to report on it accurately. Zitron continually presents things in ways…

Sure. Here's an example: https://www.wheresyoured.at/exclusive-openai-financials/ Zitron wrote: > Additional factors – including interest income and interest expense – left it with…