I mean its fair to say that its deliberately on the nose. However, I would argue that despite being definitionally correct, Palantir still represents a misinterpretation by discarding the works in their whole. I brought it up because postmodern does correctly imply a reaction to what is "modern", but its also a body of work in its own right.
This is not to say that Tolkien's authorial intent is final, nor necessarily discernible, but we are obligated to examine the palantirs' presentation as not just a passive object with certain, defined qualities, but as devices that have their own consequential histories within the narrative. Thiel naming his company after a tool presented textually as fallible, misleading, and myopic (in addition to its obvious power) with ostensibly no desire to attach such connotations to the company requires, in my mind, at least a superficial reading. We can even disregard the fact that these were mostly tools for an evil opposed by Tolkien, and not make the (valid) argument that their presentation within the text is could be considered direct argument in opposition to their creation. I personally think that to build a company and name it after a work that argues against that company's mission/purpose requires misinterpretation of the reference material, both in terms of poor comprehension of metaphor and as a poor response to the text and the body of discourse that surrounds and infuses it.
They are Tolkien fans and yet they are building the devices (Palantir, Anduril) which evil will eventually use to dominate. Palantir is well-named but tragic that a fan would build it. Anduril is poorly-named as it is the sword used to combat industrial power rather than represent it.
I think about this sometimes. On one hand, is it really "right" or net positive for adults to guide children into some specialized craft at a young age? Even if the kid shows some prodigal predilection (haha) for it, maybe it is the responsibility of their guardians to expose them to a number of alternative interests/possibilities?
It's interesting because the approach of encouraging your kid to foster highly specific skills fails to satisfy the categorical imperative: if everybody did it, nothing would work. Or at least it seems that way... it's probably a safe bet that having a sizable majority of adolescents who are somewhat flexible/aimless and can respond to a variety of market demands in terms of career specialization is a good thing if not a necessary one.
On the other hand, manipulating (not to be taken with a necessary pejorative connotation) a child into this kind of specialization is almost certainly a necessary precondition for greatness. If you aren't a competent musician by the time you're 8 years old it is vanishingly unlikely you are ever going to be a true orchestral soloist. Ditto for something like chess. So if we want a world with those heights of greatness in it, we need to accept that some people are going to compel or allow their kids to be specialists rather than generalists.
> If you aren't a competent musician by the time you're 8 years old it is vanishingly unlikely you are ever going to be a true orchestral soloist. Ditto for something like chess
To me this sounds like an exception to the rule than rule itself. Our society would be perfectly fine to not have this type of entertainer "greatness". I mean, we got rid of castrados because it went too far but the line between cutting kids testicles off vs making them play some useless game 12 hours a day for a decade is quite blury.
I'd argue this extreme specialization of children is fundamentally unethical and should be shunned or even made illegal but it'll take decades if not centuries for our society to realize this because we just value this type "greatness" too highly.
Ok sure but in this sense it is already a rule (most people do not either prescribe these things to their kids or allow them to indulge in them) and what we're debating is how firm that rule.
As it happens, I think I disagree with you. I do value greatness. I value a culture that lauds greatness. The point of virtuosic musicianship isn't entertainment, or at least not a banal thoughtless kind (a symphony is not a substitute good for ragebait podcast clips with a subway surfers overlay), it's inspirational art. The examples I chose are particularly evocative, but there's no real difference between that and a parent who compels or allows their child to become ridiculously capable in some kind of mathematics or literature. Imagine if Terrence Tao's parents had insisted that he carry on with a typical pre-university series of broad survey courses for the sake of making him a generalist! Imagine all the less high-profile examples who were maybe even more important to pushing some practical effort forward.
Making it illegal is a nonstarter because I think it runs afoul of the categorical imperative in exactly the same way. I'm a strong believer in the idea that most progress (again, not intended to have a positive connotation) is made by a small group of people who were almost never generalists. Einstein was not a generalist. Kant, who I've been referencing throughout this conversation, was really not a generalist. The possibility of greatness is just as necessary as a certain number of pliable generalists.
What would the point of living in a world without greatness be? Since I meant that question rhetorically: is there a way to allow such greatness to be achieved without manipulating young people into obsession?
I think we have different undersrand of what greatness is. Being the best paperclip making machine is hardly meaningful. True greatness is in balance and virtue. A truly great person is well rounded and plays to true human strength- adaptability.
I'd be willing to bet everything I have that our society on average would be better at every single specialized thing if everyone was well rounded generalist with minor specialization instead of niche expert and it's incredibly easy to see why given the era of technology were living through right now. After all, all best in anything are finally defeated by a few years of collective technological progress.
Now what's the meaning of life if we have no treadmill to run on indefinitely? Well that's for each to figure out but what a sad meaning it would be if it was just to be slightly better at one niche activity for a very short while?
They're doing about a billion per month in revenue by running proprietary models on GPUs like these. Unless they're selling inference with zero/negative margin, it seems like a business model that could be made profitable very easily.
Revenue != profit, and you don't need to become net negative margin to be net unprofitable. Expensive researchers, expensive engineers, expensive capex, etc.
Inference has extremely different unit economics from a typical SaaS like Salesforce or adtech like google or facebook.
Currently, selling LLM inference is a red queen race: the moment you release a model, others begin distilling and attempting to sell your model cheaper, avoiding the expensive capitalized costs associated with R&D. This can occur because the LLM market is fundamentally -- at best -- minimally differentiated; consumers are willing to switch between vendors ("big labs", as you call them, but they aren't really research labs) to whomever offers the best model at the lowest price. This is emphasized by the distributors of many LLMs, developer tools, offering ways to switch the LLM at runtime (see https://www.jetbrains.com/help/ai-assistant/use-custom-model... or https://code.visualstudio.com/docs/copilot/customization/lan... for an example of this). The distributors of LLMs actively working against LLM providers margin provides an exceptionally strong headwind.
This market dynamic begets a low margin race to the bottom, where no party appears able to secure the highly attractive (think the >70% service margin we see in typical tech) unit economics typical of tech.
Inference is a very tough business. It is my opinion (and likely the opinion of many others) that the margins will not sustain a typical "tech" business without continual investment to attempt to develop increasingly complex and expensive models, which itself is unprofitable.
I don't disagree but you're moving the goalposts. I never said that they could achieve the profits of a typical tech business, just that they could be profitable. Also, the whole distilling problem doesn't happen if the model is proprietary.
> I don't disagree but you're moving the goalposts. I never said that they could achieve the profits of a typical tech business, just that they could be profitable. Also, the whole distilling problem doesn't happen if the model is proprietary.
In the absence of typical software margins, they will be eroded by providers of "good enough" margins (AWS, Azure, GCP, etc.) who gain more profit from the bundled services than OpenAI does from the primary services. This has happened multiple times in history, either resulting in smaller businesses below IPO price (such as Elastic, Hashicorp, etc.) or outright bankruptcy.
Second, the distilling happens on the outputs of the model. Model distillation refers to the usage of a models outputs to train a secondary smaller model. Do not mistake distillation for training (or retraining) to sparse models. You can absolutely distill proprietary models. In fact, that is how DeekSeek-R1-Distill-Qwen and the DeepSeek-R1-Distill-Llama are trained. This also happens with Chinese startups distilling OpenAI models to resell [2].
The worst part is OpenAI is already having to provide APIs to do this [1]. This is not ideal, as OpenAI wants to lock people into (as much as possible) a single platform.
I really don't like OpenAIs market position here. I don't think it's long term profitable.
Indeed. And even if that revenue is net profitable right now (and analysts differ sharply on whether it really is), is there a sustainable moat that'll keep fast-followers from replicating most of OpenAI's product value at lower cost? History is littered with first-movers who planted the crop only to see new competitors feast on the fruit.
These kinds of phrases are...eerily similar to the phrases heard right before...the .com bust. If you were old enough at the time, that's exactly what the mindset was back then.
The classic story of the shoeshine boy giving out stock tips...and all that.
Crazy that this (random blog post with no points and zero comments) is the only discussion of a major Ethereum upgrade on here. Even if the average commenter is firmly against blockchains this is still a very interesting and impressive feat.
No, being unemployed is the coercive factor here. It's not fair to treat at-will employment as non-coercive unless non-employment is actually zero. Non-employment currently stands at about 7.7%: https://www.richmondfed.org/research/national_economy/non_em...
Why would anyone turn down a chance to make a living if a job is offered? Why do you think the fed ensures that there are never enough jobs for everyone? Why do you think the fed and the business world talks about the economy in terms of "jobs" and "unemployment" when these are metrics largely unrelated to stuff like "am I actually getting a fair wage" and "is housing priced anywhere near rationally"? etc—the non-coercive labor market is a complete illusion.
Not only is Western Union significantly less reliable and significantly more expensive, as someone who gets paid in crypto the most expensive and painful parts of my finances are those that touch the traditional banking system at all.
> significantly less reliable and significantly more expensive
Going to need a citation on those two claims. You can lookup fees for both, right now BTC fees are about one USD more than a WU transfer. WU is subject to banking laws and if you're going to claim it's "unreliable", you're going to need to provide some evidence of that. It's literally their business, and a heavily regulated one at that.
Yeah, doesn't even make sense for something like this to be decentralized, it should be run by Rolex so they can catch edge cases and correct them by fiat
Yup. If your father dies, and leaves you a Rolex, but does make a way to give you access to the keys to the nft, would the Rolex stop being authentic?
When we are talking about digital proof of ownership of physical goods, any solution that can fail synchronization of the record due to entirely foreseeable events like death, ownership disputes, etc is a failed solution.
Good remark. I think it is simpler to just use a public blockchain that having Rolex properly build "open" cloud services to do that and maintain it themselves over the long run.
>It is certainly possible the court will disagree with the SEC, but I wouldnt bet on it.
I would (not a lot, but I would). They lost on the Grayscale trust, they lost on XRP being a security (extremely relevant here), they're seemingly settling with Binance... the court has been disagreeing with the SEC a whole lot on the matter of blockchain regulation lately.
No, you aren't, and it isn't vocal fry. Overtone singing is a distinct technique in Tuvan throat singing, and comparing it to a bandpass filter is accurate — as a whole, Tuvan throat singing is a set of techniques designed to induce vocal sounds with extremely rich harmonics, which can then be modulated and selected for by shaping the mouth.
What you're thinking of is called "Kargyraa", a particular subset of Tuvan techniques that involves singing with the vocal cords as normal, but also tightening the voicebox such that your "false vocal cords" (some flaps somewhere in your throat) are struck at a frequency an octave below the sung note — for every full cycle your vocal cords complete, the false vocal cords complete half of 1. It creates a rich sound which can be useful for the "bandpass" technique, but is fundamentally something different.
Take this with a small grain of salt, I came to this technique through the modern beatboxing community who independently discovered it as the standard "throat bass" and only bothered researching the Tuvan equivalent a long time ago.
There is a bass singing technique called "subharmonics" that uses something similar (identical?) to vocal fry to create interference with a sung note for a similar effect.
Are there actual perverse incentives that come with "it being married to crypto" — keep in mind that there are demonstrable positive incentives — or is it just aesthetic distaste?
There is a demonstrable disincentive in that approximately everything related to crypto is a scam, so by being married to crypto they demonstrate at least a lack of good judgement.
Could you provide an example / be more specific about this?
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