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Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

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Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#11

Post by anameen21 »

virgulino wrote: post #7
ilrwbwrkhv wrote: post #2

Quoted post unavailable.

>Canadian society and culture is generally incapable of excellence. Avro Arrow? ATI? Yoshua Bengio?

I'd say these examples would partially prove their point, the first being defunct since 1962, and the second having been acquired by AMD (an American company) for over 15 years. For Yoshua, well this excerpt from Wikipedia may be useful here:

"In October 2016, Bengio co-founded Element AI, a Montreal-based artificial intelligence incubator that turns AI research into real-world business applications. Having failed to develop marketable products and losing several partnerships, by 2020 the company was running out of money and options and announced its sale to American software company ServiceNow in November. The sale will see largely Canadian taxpayer funded intellectual property exported to the United States, contrary to Bengio's desire to found Element AI as a Canadian company to rival the world's tech giants. Bengio will stay employed as an advisor while the vast majority of employees were terminated with their stock options voided and cancelled with no value in lieu provided."

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#12

Post by Mikeb85 »

jeromegv wrote: post #6
ilrwbwrkhv wrote: post #2

Quoted post unavailable.

Because of course, failure of a government program is telling us that the whole Canadian culture is mediocre? What a great take.

Canadian culture IS mediocre. Everyone's ambition here is to do what everyone else does. Restaurants are mostly the same. Businesses don't innovate, they merely do what someone else who was already successful did.

The parent may not have elaborated the reasons perfectly but everyone here knows it.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#13

Post by brailsafe »

ipaddr wrote: post #9
Mikeb85 wrote: post #4

Earlier quoted context omitted.

If by excellent you mean wildly overpriced then yes.

Overpriced means it is priced so high people will not pay. The reality is with a low inventory and high demand levels prices will go higher. High demand justifies higher prices when inventory is low. I don't see demand reducing or inventory levels increasing for a few years interest rate notwithstanding. I would buy now because prices are only going up.

Overpriced in my mind means priced so high people can't realistically pay without being extremely wealthy or committing mortgage fraud, or priced so high that the practical value that could be derived from it as an intrinsically useful asset is significantly smaller than what you have to pay.

Does $600k for a studio, or like $3500/month seem appropriately priced?

Sure some people are willing to spend $9k on a pair of shoes, but they're still overpriced.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#14

Post by Mikeb85 »

ipaddr wrote: post #9
Mikeb85 wrote: post #4

Earlier quoted context omitted.

If by excellent you mean wildly overpriced then yes.

Overpriced means it is priced so high people will not pay. The reality is with a low inventory and high demand levels prices will go higher. High demand justifies higher prices when inventory is low. I don't see demand reducing or inventory levels increasing for a few years interest rate notwithstanding. I would buy now because prices are only going up.

Some of what you said is correct except prices are going down because of interest rates.

Also high real estate prices have hurt other areas of the economy. And the demand is largely due to money laundering out of China, not fundamentals.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#15

Post by brailsafe »

Mikeb85 wrote: post #12
jeromegv wrote: post #6

Earlier quoted context omitted.

Because of course, failure of a government program is telling us that the whole Canadian culture is mediocre? What a great take.

Canadian culture IS mediocre. Everyone's ambition here is to do what everyone else does. Restaurants are mostly the same. Businesses don't innovate, they merely do what someone else who was already successful did. The parent may not have elaborated the reasons perfectly but everyone here knows it.

If given the chance to work and live in the states for $50k more, or in Europe for the same amount or less than I currently make, I might choose the latter for the novelty, but not the former to climb a ladder, so what's the comparison worth? That said, I'm not about to move to the suburbs where everyone and everything is pretty bland and same.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#16

Post by 11101010001100 »

Mikeb85 wrote: post #12
jeromegv wrote: post #6

Earlier quoted context omitted.

Because of course, failure of a government program is telling us that the whole Canadian culture is mediocre? What a great take.

Canadian culture IS mediocre. Everyone's ambition here is to do what everyone else does. Restaurants are mostly the same. Businesses don't innovate, they merely do what someone else who was already successful did. The parent may not have elaborated the reasons perfectly but everyone here knows it.

Mike, you seem to have a sore-on for Canada. I am sorry.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#17

Post by Mikeb85 »

11101010001100 wrote: post #16
Mikeb85 wrote: post #12

Earlier quoted context omitted.

Canadian culture IS mediocre. Everyone's ambition here is to do what everyone else does. Restaurants are mostly the same. Businesses don't innovate, they merely do what someone else who was already successful did. The parent may not have elaborated the reasons perfectly but everyone here knows it.

Mike, you seem to have a sore-on for Canada. I am sorry.

Just want to see my country do well. Unfortunately it's mediocre. First step to changing that is realizing it's mediocre.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#18

Post by kristopolous »

virgulino wrote: post #7
ilrwbwrkhv wrote: post #2

Quoted post unavailable.

>Canadian society and culture is generally incapable of excellence. Avro Arrow? ATI? Yoshua Bengio?

There's a 10:1 population ratio of US to Canada. Do they expect 1:1 results? That'd be pretty extraordinary.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#19

Post by 11101010001100 »

Mikeb85 wrote: post #17
11101010001100 wrote: post #16

Earlier quoted context omitted.

Mike, you seem to have a sore-on for Canada. I am sorry.

Just want to see my country do well. Unfortunately it's mediocre. First step to changing that is realizing it's mediocre.

It's mediocre, but for me, that's acceptable. Having spent significant time in the US, I'll take the mediocrity over the faux-meritocracy.

Re: Cash, Canadians and CPUs: Intel's 'Lost' Early Microprocessor

#20

Post by Mikeb85 »

11101010001100 wrote: post #19
Mikeb85 wrote: post #17

Earlier quoted context omitted.

Just want to see my country do well. Unfortunately it's mediocre. First step to changing that is realizing it's mediocre.

It's mediocre, but for me, that's acceptable. Having spent significant time in the US, I'll take the mediocrity over the faux-meritocracy.

Fair, I don't like everything about the US but I do wish we had a bit more of their hustle and ambition. And maybe held our politicians to account for the way our institutions are crumbling.
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