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GlobalFoundries joins Google’s open source silicon initiative

opensource.googleblog.com

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Re: GlobalFoundries joins Google’s open source silicon initiative

#31

Post by bee_rider »

onlyrealcuzzo wrote: post #9
dogleash wrote: post #8

Earlier quoted context omitted.

I ain't hating but "commoditizing your complement" is just pushing others out and restricting access with extra steps. Admittedly, the bones they'll throw us in the process do look like they'll be cool, tho.

As a consumer, you want everything to be a commodity (i.e. and abundance of choice). This means you'll have more options at every price point.

I would expect a commodity to be produced with pretty low margins (since the competition is pretty fierce), but not for free. If Google is giving away the information for free, is that really a commodity? I mean either they are giving it away for some strategic reason, they are taking their cut in some more byzantine way, or they have decided to act as a charity for at-home traders for some reason.

Re: GlobalFoundries joins Google’s open source silicon initiative

#32

Post by geph2021 »

redanddead wrote: post #26
mszcz wrote: post #20

Earlier quoted context omitted.

> Like for example the CME deal, to open source live, low latency stock market data. Bloomberg might let you rent it for 25k a year if you're lucky. Google? Yeah just hook into the websocket bro, it's free. Cursory search turned up nothing for me. Can you point me in the direction where I can find free (or low cost) market data that you mentioned?

https://cloud.google.com/blog/topics/financial-services/buil... This link has more info

That seems really cool, thanks for posting. However, I did notice that their demo does not seem to have any live prices right now (the demo is a couple years old, so maybe no longer live): https://showcase.withgoogle.com/marketdata

Also, to the point about Bloomberg's high subscription fees, they provide all imaginable financial data under the sun. This google demo with CME is just CME data, which is a small, albeit important, part of market data, let alone the broader financial data. Furthermore, in many cases the data itself is owned by the exchanges, so Bloomberg's fees reflect passing on the (at times exorbitant) exchange fees. NYSE, NASDAQ, CME, etc.. are historically the ones that are the gatekeepers of the data and putting up financial barriers.

Re: GlobalFoundries joins Google’s open source silicon initiative

#33

Post by redanddead »

geph2021 wrote: post #32
redanddead wrote: post #26

Earlier quoted context omitted.

https://cloud.google.com/blog/topics/financial-services/buil... This link has more info

That seems really cool, thanks for posting. However, I did notice that their demo does not seem to have any live prices right now (the demo is a couple years old, so maybe no longer live): https://showcase.withgoogle.com/marketdata Also, to the point about Bloomberg's high subscription fees, they provide all imaginable financial data under the sun. This google demo with CME is just CME data, which is a small, albeit…

Yeah the bloomberg terminal is still good value if you're going to be using that data, and a relatively good price. Good point about the exchanges

Re: GlobalFoundries joins Google’s open source silicon initiative

#34

Post by scarface74 »

redanddead wrote: post #5

I might get some hate for this, but Google seems to be doing some really cool things, like in fintech as well as this silicon project. Google Finance is one of the only players I've seen with an interest of opening things up when so much of the industry is about pushing others out and restricting access. Like for example the CME deal, to open source live, low latency stock market data. Bloomberg might let you rent it…

Don’t be too impressed. Every company is interested in “opening things up” when it’s to their competitive advantage.

You notice that “open” Android is increasingly dependent on closed source “Google Play Services” and Google uses the closed source parts to beat OEMs into submission?

Re: GlobalFoundries joins Google’s open source silicon initiative

#35

Post by scarface74 »

api wrote: post #12
redanddead wrote: post #5

I might get some hate for this, but Google seems to be doing some really cool things, like in fintech as well as this silicon project. Google Finance is one of the only players I've seen with an interest of opening things up when so much of the industry is about pushing others out and restricting access. Like for example the CME deal, to open source live, low latency stock market data. Bloomberg might let you rent it…

Wow, how things have changed. I've been here since back when Google could do no wrong. Now they're a poster child for shady surveillance capitalism. Same with Elon Musk. I remember him being compared to a comic book hero. Now he's an alt-right racist (if you are a leftist) or an evil globalist technocrat (if you are a rightist).

From day one Google’s business plan was ads - except for the brief time where they were selling “Google Search Appliances”.

Every company whose business model isn’t “I give them money and they give me stuff” is shady.

Re: GlobalFoundries joins Google’s open source silicon initiative

#37

Post by sitkack »

gurjeet wrote: post #21
redanddead wrote: post #5

I might get some hate for this, but Google seems to be doing some really cool things, like in fintech as well as this silicon project. Google Finance is one of the only players I've seen with an interest of opening things up when so much of the industry is about pushing others out and restricting access. Like for example the CME deal, to open source live, low latency stock market data. Bloomberg might let you rent it…

> ... data the avg person sees is 15 minutes delayed ..., that may as well be a light year. Nit pick: you've got your units mixed up; minute is a unit of time, and light-year is a unit of distance.

I blame George Lucas for this.

Re: GlobalFoundries joins Google’s open source silicon initiative

#38

Post by api »

mlindner wrote: post #29
api wrote: post #12

Earlier quoted context omitted.

Wow, how things have changed. I've been here since back when Google could do no wrong. Now they're a poster child for shady surveillance capitalism. Same with Elon Musk. I remember him being compared to a comic book hero. Now he's an alt-right racist (if you are a leftist) or an evil globalist technocrat (if you are a rightist).

> Same with Elon Musk. I remember him being compared to a comic book hero. Now he's an alt-right racist (if you are a leftist) or an evil globalist technocrat (if you are a rightist). He hasn't changed though, and little has changed in what he's actually doing too. If anything, he's more mellow now than he was when he was younger. People's impressions of him have been highly twisted IMO.

Yeah, he's neither a comic book hero nor a monster. He's a rich dude who's pretty smart and decided to risk a bunch of his helping build up companies working in important innovative fields, but unfortunately he also trolls and overshares on Twitter like a 13 year old.

Re: GlobalFoundries joins Google’s open source silicon initiative

#39

Post by ricksunny »

Been a while since I was in the semiconductor industry, but it looks like this open-sourcing is intended to free up the ecosystem from dependence on Cadence EDA. Nice, could open up opportunity for creation of a lot of cottage fabless semiconductor startups. (does anyone known whether Cadence had ever gotten on the freemium offering model?)

Re: GlobalFoundries joins Google’s open source silicon initiative

#40

Post by Dracophoenix »

bee_rider wrote: post #31
onlyrealcuzzo wrote: post #9

Earlier quoted context omitted.

As a consumer, you want everything to be a commodity (i.e. and abundance of choice). This means you'll have more options at every price point.

I would expect a commodity to be produced with pretty low margins (since the competition is pretty fierce), but not for free. If Google is giving away the information for free, is that really a commodity? I mean either they are giving it away for some strategic reason, they are taking their cut in some more byzantine way, or they have decided to act as a charity for at-home traders for some reason.

Information itself is a commodity. An encyclopedia doesn't have value have because it costs money but the vice versa. Wikipedia is free, yet it has done more for the world in 20 years than the Brittanica has in 250.

I'm not suggesting Google gives away information as a purely altruistic endeavor. However, Google's ulterior motives, should they have any, are irrelevant to the value of the information itself so long as it hasn't been edited or tampered with.

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