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Comment Paving the road to mass surveillance (Score 4, Insightful) 24

As someone who always believed in the possibility of building free and anonymous internet, it hurts me to accept the possibility that the cost of these security breaches will drive the world towards mass surveillance. Perhaps new machine learning tools can mitigate the problem, but the multi-year trend is not encouraging.

Comment Off the Shelf vs Custom (Score 4, Insightful) 82

The fact that AWS is a very profitable business should tell you that there's a built in margin into the operation. Despite a competitive price obtained via production of scale, the main advantage of AWS is its flexibility. Meanwhile, a business with a specific need can optimize its operations by not wasting time on unnecessary features.

Comment Re:Of course. (Score 2) 102

"Clean" is a marketing term used to inspire consumers to pay the premium. It's a winner-take-all battle for the next kind of economy with the first mover advantage. "Economical" is a synonym for "commodity" -- a sizeable market for now, but one which will shrink as the global consumer eventually decides to upgrade.

Comment Re:Of course. (Score 2, Interesting) 102

Technically you are right about "destroying the US economy", but that's not the whole picture. The people in power decided to accelerate Schumpeter's "creative destruction" by forcing advanced economies to transition to clean energy and manufacturing. The high price of this transition and mistakes made in the progress are covered up by governmental spending and money printing. Public opinion is shaped via media propaganda.

In the meantime, all dirty manufacturing and energy is left for "the rest" of the world.

Comment The West is Dilusional (Score 3, Insightful) 102

Western companies are delusional if they seek mass-market adoption of EV in India. Do you realize how many people live there on $1/day income? EV's are a status symbol, nothing more.

The world is splitting into two camps. Virtue signaling G7 and "the rest". Clean energy and advanced manufacturing for the first camp. Dirty power and 20th century mass production for the rest.

Comment It's a good start (Score 1) 13

Large companies have to be regulated more diligently than small players, and "AI" is just a new field that needs attention. Startup and small companies should have more freedom with experimentation.

Unfortunately, this isn't enough. Congress needs to act and international support is lacking

"The step is seen as a stopgap given that Congress has held discussions on potential AI legislation but little has been introduced and nothing significant has become law"

Comment So what? (Score 4, Insightful) 14

The early investors and key insiders will still have a great ROI. Employees and late investors just became "long-term investors". The general public, well, nobody was expecting them to make money IPO flipping in 2023. Considering the kind of recession that we are heading for this is still a very rich valuation for a commodity business.

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