481–490 of 529 posts
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everywhere, but most important in ethics
your ethics. let's not forget that these major LLMs are all the children of corporate hyper-piracy en masse, none of them are ethical even in origin unless you're talking about the pre-product company charter kind of ethics, like google .
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everywhere, but most important in ethics
your ethics. let's not forget that these major LLMs are all the children of corporate hyper-piracy en masse, none of them are ethical even in origin unless you're talking about the pre-product company charter kind of ethics, like google .
You use the term piracy, which potentially hints at ur biases.
American IP laws aren’t universal, and last I checked neither is it popular in Silicon Valley.
Institutions surrounding dealing with IP Piracy is an American strong arm attempt to own the unownable and to use Russel conjugates to make the flagrant attempt seem just.
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I don't know if it's guaranteed to work, but the strategy is real. I know Notion won vs. competitors in the space because they focused on consumer first, and consumers then brought Notion into their workplaces.
I am amused that you think IT is going to respond to an unmanaged LLM tool that operates outside of the LLM policies all serious enterprises have set up by now and say 'wow, that is cool and maybe we should buy in to this!' What is going to happen is that the emplyee who tries to sneak OpenAI into our org is going to have two meetings set up by the end of the day, one with IT to ensure the whatever tool they installe…
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Yes gaap absolutely matters. You can just choose not to play the accounting game, and only choose the ones that actually gaap viable as investment opportunities. For example mag7 - tesla are all relatively cheap when they dip. Some times the best play is just not to play. If you think they are too risky, walk away. There are enough good oppotunities
> mag7 (minus) tesla are all relatively cheap when they dip I asked ChatGPT for a list of Magnificent 7 stocks and their most recent price to earnings (PE) ratios. Company Ticker P/E Ratio Apple Inc. AAPL ~33 Microsoft Corporation MSFT ~25 Alphabet Inc. GOOGL ~29 Amazon.com Inc. AMZN ~30 NVIDIA Corporation NVDA ~38 Meta Platforms Inc. META ~28 Tesla Inc. TSLA ~378 In the last 50 years, I think the median PE ratio for…
- Growth rate: you can't compare them to the average single digit growth companies or dividend focused companies. Most of these tech companies revenue are still growing at double digit with good moat. Pe is a good measure but it's not absolute. If you believe they sustain their growth then it's a good bet. And you can choose not to buy in their growth stories too. At the end of the day investment is about judgement call
- History benchmark: some of their pe is at historical low. So they are actually cheaper than before.
- Pe ttm and forward pe: how much pe ttm are they at? how much forward pe are they projecting? If forward pe is significantly lower, that means the current analysts consensus is that they will grow in future
- Pe is the a number but it's not everything. You need to consider multiple things to decide if that's undervalued for you. It's highly subjective as different interpretations are common.
- This post is about if you want to play the gaap game with private tech companies. My point is that there are still many public companies that are cheap at certain point. You just need to be patient and be willing to research and wait. For example, meta at around 500 was a buy for me, but since then it has rebounded it's still good but not as undervalued as a few days ago
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They aren't reporting anything yet. What we hearing is just from news media who get their leaks/info from investors who get some form of IR reports/ presentation. Both will do public reporting only when they IPO[4] and have regulatory requirement to do so every quarter. For private companies[1] reporting to investors there are no fixed rules really[3] Even for public companies, there is fair amount of leeway on how G…
They aren't reporting anything yet. What we hearing is just from news media who get their leaks/info from investors who get some form of IR reports/ presentation. The $24b figure is literally in OpenAI's announcement. The $19b ARR and $6b added in Feb came directly from Anthropic CEO recently.
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> they can use whatever mechanism they want to, without disclosure, to produce numbers. That would be fraud against whoever participated in this round, so no. Just because they aren't regulated doesn't mean they are literally free to do whatever they want to close the round.
> Just because they aren't regulated doesn't mean they are literally free to do whatever they want to close the round. What makes you think their public announcements are aligned with what they give prospective investors?
LLMs are definitely a game changing technology, but there is just so much fake money in the market right now (circular deals, paper valuations, etc.) that I cannot take this seriously. At some point the musical chairs will stop and we will all be saying how could we let this happen? Where are the regulators (rhetorical question)?
As with every bubble, we, the people, will pay for it. There will be recession, inflation and general "one step back" to hopefully move "two steps forward" one day in the future.
I can't help but think building an "everything" app is so.. both unbelievably ambitious, and a folly. I am not personally convinced that people want all the things that this super app purports to do. I am from a generation that still sits behind a desktop computer when making "big purchases." I can't even buy a flight on my phone. I am so much less likely to want to have an AI agent do that for me. Then the idea that…
I don't let another human do that! When we as a group order lunch, I always want to input mine directly or at least double check the order.