• 2 Posts
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Joined 1 year ago
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Cake day: June 19th, 2023

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  • So, AMD has started slapping the AI branding on to some of their products, but they haven’t leaned in to it quite as hard as Nvidia has. They’re still focusing on their core product line up and developing the actual advancements in chip design.


  • He was sued for miss use of company profits, not for failing to maximize profits.

    He took profits and was reinvesting in new plants and cutting car prices, while also ending dividend payments to do so. That was the crux of the case, ending dividend payments despite having money to continue paying them. This case is routinely held up as an example of shareholder primacy but has been dismissed as an example of such by most modern thinkers In the field, in large part because the court also ruled that he had final say on how to proceed with company operation. Increasing worker pay was not the issue, ending dividends to make capital investment was.

    Edit: also, I should clarify, he was the majority share holder, and the minority shareholders could thus not replace him with someone willing to pay dividends. He was not being sued for failing to seek profits, he was being sued for holding those profits hostage from other shareholders.


  • This is a common misconception based on an argument put forward my Milton Friedman. It’s based on legal cases where CEOs were taken to court for knowingly defrauding shareholders for their own personal gain (say, selling all of a companies assets of the company to a different company the ceo owns privately for a single dollar).

    Friedman argued that these cases set precedent that meant all CEO were legally obligated to maximize shareholder value and could be held legally accountable for not doing so. Friedman was wrong about this, like many other things he said, as he was not a lawyer, nor a particularly good economist. No CEO has even been successfully sued for “failing to maximize shareholder value” despite some people taking Friedman’s work to heart and trying to do so.


  • This is definitely realistic and not an over valuation based on AI-hype investor brain rot. Like, they’re a fucking graphics card company. Like, sure graphics cards can do some cool linear algebra, and linear algebra can do some cool things… but I’m sorry, they’re not going to be earning as much as Apple or Microsoft, companies that sell the whole rest of the computer to people and/or the plurality of software that runs on it.







  • Worth adding that “unemployment” in this context just means people who are claiming unemployment benefits, a things that runs out, and when they run out, they no longer are counted by it.

    Also difficult to claim unemployment if you lose a gig economy job. So many people who lost their “job” doing something like uber eats are not represented.

    A better metric is workforce participation rate which is at an all time low. There are a lot of factors to that, including a higher rate of retirement, but that alone does not account for the record low number.





  • Normally I’m not a big fan of protectionist tariffs since they often are just a way to allow uncompetitive domestic manufacture to stay afloat rather than adjusting to the market, it’s a different story when one state begins to intentionally price dump on the global market to push other countries manufacturers out of business.

    A lot people are up in arms because they think cheap battery electric vehicles will help assist in the energy transition, and thus see this as a step back, but I’m a lot less bullish on BEVs than others are. I think they have a place but they’re not a panacea to decarbonization of transport, and often discussion of them seems to bury discussion of other arguably more important elements of transport decarbonization, such as rail transit or trams which we are way further behind on getting momentum behind than electric cars.


  • some are talking about this like it’s going to be the straw that breaks the camels back and suddenly everyone will flock to a Linux distro, but, realistically, most market share is based on what companies use for work stations, and companies ain’t gonna change unless it starts to seriously impact productivity or it cost them more.

    For personal/freelance-work computers, some people will just suck it up because of inertia. Of those who just can’t stand it… most will probably buy a mac next time they get a computer. There will probably be an increase in Linux usership, but it’s probably gonna be a 5-1% change in market share, depending on how fucked 11 ends up being as time goes on.

    Probably the biggest increase in market share will be from schools adopting chrome books or the like.



  • so the NHS is really fucking bad about trans healthcare for a lot of reasons. The process is unusually bureaucratic even for the NHS and hyper gate kept, like they will just deny care based on single answers to weird questions. Without a really good doctor who is willing to go to bat for you and stick it out and who understands this very specific process in the NHS, you probably will never actually be able to get care.

    Partially this is due to NHS being underfunded and partially because people in positions of power have worked to make trans healthcare as difficult as possible to get in England.