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2 yr. ago

gotdamn

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  • Adjusted for inflation, that $700 rent would be $1,242 today. Not quite enough to get it all the way to the $3,600 they are quoting today. There's something else very funky going on right now. A lot of cities are experiencing massive population loss... yet rental costs continue to rise. I'm sure the housing crisis has a large part to play in that, but it still doesn't make a lot of sense to me.

  • Everyone should switch instances, but not because of this stuff. LW is just too large right now. The fediverse wasn't designed to have so many people in one place. Communities were supposed to spread out and build their own specialized instances. This attempt to recreate reddit on one instance never should have happened.

  • Lemmy ultimately can't serve as a reddit replacement, but not because of the people. It's the technology that won't scale. If we took all the slapfighting that reddit had to offer, every instance would crumble trying to replicate a million snide and argumentative comments.

  • People don't want to be vegan for a variety of issues.

    My personal problem comes with things like not eating honey. Beekeepers keep bee populations healthy. Those bees pollinate the food vegans eat. But for some dumb ass reason vegans are against it.

    I'm all for moving away from meat, but exclusion shouldn't be the focus. The majority of people will never convert to vegan diet, but we CAN get them to replace some of what they eat with vegetarian alternatives.

  • Lmao I can tell you've never used Teams before.

    I work for MS and literally every MS employee hates Teams. I would cut off my tongue before I recommend it to a friend.

    The problem with Discord isn't the program, it's the fact that we have a million different servers now. People just don't like having to go to a new server for every different conversation, but that's the way they all chose to use it so it's their own fault.

  • Crypto is still incredibly healthy. Bitcoin has been stable at $30k.

    Is it still a big scam? Maybe. But what happened with FTX was just good ol corruption.

    Anyone with exposure to Crypto either already collapsed, or wound down their position, so there wasn't a huge effect on markets. AI will be similar. Some VC will fail, but it's not the same as the dotcom bubble. It won't cause a recession

    OpenAI may fail if Microsoft doesn't keep throwing money at it, but they already got what they want out of it. They'll probably just end up acquiring the foundation and make money from the ways they're implementing it in their products.

  • There isn't an easy statement that explains why things are getting worse.

    The housing market, for instance, was being affected by low interest rates. Low rates make being a slum lord more profitable than other forms of investment. This caused a massive amount of investment in the housing market by rich people and corporations, and normal people were priced out.

    The banks that failed did so because they either invested in dumb things (crypto) or in long-term bonds. Those bonds lose value as interest rates rise, and SVB invested far too much into them.

    There's all kinds of reasons

  • Microsoft reported profitability in their AI products last quarter, with a substantial gain in revenue from it.

    It won't take long for them to recoup their investment in OpenAI.

    If OpenAI has been more responsible in how they released ChatGPT, they wouldn't be facing this problem. Just completely opening Pandora's box because they were racing to beat everyone else out was extremely irresponsible and if they go bankrupt because of it then whatever.

    There's plenty of money to be made in AI without everyone just fighting over how to do it in the most dangerous way possible.

    I'm also not sure nVidia is making the right decision trying their company to AI hardware. Sure, they're making mad money right now, but just like the crypto space that can dry up instantly.