US has been in a rough spot on the tech side as all the big tech companies kicked off a layoff spree (assumed by many to chase profitable quarterly reports).
With Trump and Elon screwing with the federal government, even stable government jobs are now hurting.
Yeah, I was calling out savings accounts cause that’s what I imagine most people are talking about when mentioning compound interest. The video is talking about the false promise of compound interest and I wanted to call out the real reason it doesn’t work.
As for the standard 2-3% inflation the fed targets. I wasn’t saying it was bad, just that it means that you loose value if your money isn’t growing. I can’t say I studied economic theory far enough to have a meaningful stance on if that’s good or bad.
Also it could lead to a mutation. Not sure how robust the measles vaccine is, but technically possible to produce something new.
That’s the thing, interest rates are almost always less than inflation. The only reason they flip is because inflation needs to be brought down.
The reason for this is that the government/economic model is designed to encourage spending. Holding money is effectively lost “opportunity” so the real value of the dollar is always pushed down.
No amount of time will make you wealthy through compound interest with the current economic system.
While your money does grow in a savings account, the rate of growth is lower than the economy or real value of the money.
Just think about what a million dollars could have bought you in the 80s vs 00s vs now.
This doesn’t need to be a 20 minute video.
While money in a bank does technically grow exponentially, the real value (what you can buy with that money) of the account grows slower than the economy.
Meaning each year you can actually buy less with the money you keep in a bank account. This is why retirement accounts are typically tied to the stock market, to try to tie their growth more to the economy.
I wasn’t super thrilled about the idea myself, but with the ability to disable it I figured I’d give it a try.
Personally it’s a really cool feature that adds to the experience.
They should just call them import or sales taxes, the average person doesn’t get tariffs.
I mean, a lot of TV has murders in it. There is a huge market for showing realistic murder.
But I get the feeling your saying that there isn’t a huge market for showing real people dying realistically without their permission. But that’s more a technicality. The question is, is the content or the production of the content illegal. If it’s not a real person, who is the victim of the crime.
It’s weird cause technically adaptive traffic patterns are trained using tools like reinforcement learning, which is technically AI, however it’s the broad term AI and not GenAI.
I mean that’s the same thing with AI generated content. It’s all trained on a wide range of real people, how do you know what’s generated isn’t depicting an underage person, which is why laws like this are really dangerous.
That’s the same as saying we shouldn’t be able to make videos with murder in them because there is no way to tell if they’re real or not.
Plex and plexamp is the best music hosting setup I’ve found too. Users can have their own playlist and there is some smart playlist generation.
They also had (maybe still have) tidal integration.
However, you’ll still be relying on other services (probs spotify/etc.) to find new things.
This is the issue with current public discourse though. AI has become shorthand for the current GenAI hypecycle, meaning for many AI has become a subset of ML.
LLMs are deep learning models that were developed off of multi-head attention/transformer layers. They are absolutely Machine Learning as they use a blend of supervised and unsupervised training (plus some reinforcement learning with some recent developments like DeepSeek).
Can’t wait to find out it was just a guy in a suit.
Working in the field I think there is two things AI will make an impact on:
However, I suspect we’ll get a lot of the issues we saw with “outsourcing” where the end result is businesses pursuing cheaper outputs without concern for quality.
I’ve tried the AIO container. The issue I’ve had is that I already have a file system for documents and try to attach it as a network drive, it’s at this point everything falls apart (not to mention just generally slow performance).
“OH no, we accidentally deployed ads to your car using a system that took months to develop, how could that have ever happened”