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2 yr. ago

  • I remember reading in college and essay about school is for making you tolerant doing the same thing say in day out for 50+ years 8 hours a day. It really clicked and made understand why I did so poorly in high school but thrived in college.

  • Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI.

    Now that is a damning statement. Usually an exec being fired is through sugar coated language like spending time with family, wants a new challenge, took a roll elsewhere, or retiring.

    As someone who has to prep docs for the board review meetings, I'm super curious as to what he lied about

  • Use a gift card instead of your credit card to get your order in faster. People who preordered the first version got through quicker because steam could process the transactions while credit card users were stuck waiting.

  • The original captchas were to help computers read scanned books for OCR. It was a neat solution that had value where it prevented abuse on websites and helped open up knowledge to people.

    Now captchas aren't needed because of cookies and fingerprinting and tech companies know if you're malicious or not. They kept it going because it's so valuable to tech companies.

  • It's a bit more complicated than that. There are a lot of accounting tricks to be constantly making losses but end up cash flow positive.

    I don't work or invest in Unity so I don't have a great understanding of their metrics but companies I worked at would constantly capitalize new projects to add expenses in the future. You can structure sales deals so a new feature is added late in the contract. That pushes revenue out, but you can collect more cash early.

    If unity didn't do share buy backs this quarter, they would have a positive cash flow. Which points to they should be a profitable company but instead are using accounting tricks to post losses to lower tax bills.