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A crisis is when money flow stops in the market. In The Big Short, he bet on the fact that cash flow would stop, and they won. The stock market works in a similar way to a company’s cash flow. When money is pumped into a stock, its value increases; when money is pulled out, the value drops.

The news is essentially about making a bet, as the title suggests, with no real evidence or information on who will pull the money out or how it will happen. Just because the price is high doesn’t necessarily mean there will be an outflow. It’s more like gambling, based on speculation rather than solid facts.


Eventually, I’ll have a fancy business card like Paul Allen’s!


Oh you’re also into M&A?


To support open source projects and developers, a GitHub-like platform managed by a nonprofit organization should be established, and it should issue its own token. Similarly, a fair system that distributes these tokens according to developers’ contributions would be much more appropriate.


In knowledge-based white-collar work, there has been a significant increase in productivity in recent times. Tasks that once took days or even weeks—such as research, content creation, and visual generation—can now be completed within minutes. At the same time, both the speed of production and the quality of output are continuously improving. The outcomes are unavoidable.


The accuracy of this comparison is highly speculative. One should not ignore the possibility that dominant firms in the market might be inflating their cost figures to block new entrants and extract more capital from investors through such narratives. When you compare electricity prices in China with those in the U.S., such a large gap would require a truly extraordinary breakthrough to be justified.After all, these are privately held commercial firms, and they are not obligated to disclose their financials accurately.


Electricity is the cheapest input by far! People and large networked GPU clusters are far more expensive.

Typical models are now trained on clusters of roughly 20K GPUs. Even if you get a volume discount you still need cabling, switches, etc…

The minimum entry price to play in the game at this level is about 200-500 million dollars.

Meta spent something like $10B on their AI compute, for comparison.


Agreed. For all anyone really knows, it was 5% for OpenAI compared to Deepseek.

If you believe that Deepseek was released to undercut US AI value (duh) it makes no sense to take the official line as the absolute truth.


I think, A new chapter is about to begin. It seems that in the future, many IPs will become democratized — in other words, they will become public assets.


"Democratized" as in large corporations are free to ingest the IPs and then reinterpret and censor them before they feed their version back to us, with us never having free access to the original source?


"Democratized" in the meaning of fascistoized, right? Laws do not apply to the cartels, military, executive and secret services.


To defend yourself against those who don't play by the rules. it has to be democratized. The world isn’t a fair place.


Public assets as long as you pay your monthly ChatGPT bill.


I invite you to imagine the howling that will ensue the moment some politician offers legislation requiring commercial LLM operators to publish their weights and training data.


Oh yeah. It's the Cultural Revolution all over again.


If only there was some sort of term for fake democracy where you're actually just there to plunder resources.



This idea does not belong to me. If lawmakers and regulators allow companies to use these IPs, how can you keep ordinary people away from them? Something created by AI is regarded as if it was created from scratch by human hands. that's reality.


They aren't going to legalize, say, publishing Mario fangames or whatever. They're just going to make copyright allow AI training, because AI is what the owner class wants. That's not democratizing IP, that's just prejudicial (dis)enforcement against the creative class.


Millions of pages of fan fic based on existing IP have been written. There is a point where it doesn't really make sense trying to go after individuals especially if they make no money out of it.

If we enter a world where anyone can create a new Mario game and there are thousands of them released on the public web it would be impossible for the rights holders to do anything, and it would be a PR bad move to go after individuals doing it for fun.


Imagine a world where all models capable of creating a new Mario game from scratch are only available through cloud providers which must implement mandatory filters such that asking "write me a Mario clone" (or anything functionally equivalent) gets you a lecture on don't-copy-that-floppy.

Bad PR? The entire copyright enforcement industry has had bad PR pretty much since easy copying enabled grassroots piracy - i.e. since before computers even. It never stopped them. What are you going to do about it? Vote? But all the mainstream parties are onboard with the copyright lobby.


Yes, but none of that has anything to do with AI. Or democratization.

The fact that copyright law is easy to violate and hard to enforce doesn't stop Nintendo from burning millions of dollars on legal fees to engage in life-ruining enforcement actions against randos making fangames.

"Democratization" with respect to copyright law would be changing the law to put Mario in the public domain, either by:

- Reducing term lengths to make Mario literally public domain. It's unclear whether or not such an act would survive the Takings Clause of the US Constitution. Perhaps you could get around that by just saying you can't enforce copyrights older than 20 years even though they nominally exist. Which brings us to...

- Adding legal exceptions to copyright to protect fans making fan games. Unlikely, since in the US we have common law, which means our exceptions have to be legislated from the judicial bench, and judges are extremely leery of 'fair use' arguments that basically say 'it is very inconvenient for me to get permission to use the thing'.

- Creating some kind of social copyright system that "just handles" royalty payments. This is probably the most literal interpretation of 'democratize'. I know of few extant systems for this, though - like, technically ASCAP is this, but NOBODY would ever hold up ASCAP as an example of how to do licensing right. Furthermore without legal backing, Nintendo can just hold out and retain traditional "my way or the highway" licensing rights.

- Outright abolishing copyright and telling artists to fend for themselves. This is the kind of solution that would herald either a total system collapse or extreme authoritarianism. It's like the local furniture guy selling sofas at 99% off because the Mafia is liquidating his gambling debts. Sure, I like free shit, but I also know that furniture guy is getting a pair of cement shoes tonight.

None of these are what AI companies talk about. Adding an exception just for AI training isn't democratizing IP, because you can't democratize AI training. AI is hideously memory-hungry and the accelerators you need to make it work are also expensive. I'm not even factoring in the power budget. They want to replace IP with something worse. The world they want is one where there are three to five foundation models, all owned and controlled by huge tech megacorps, and anyone who doesn't agree with them gets cut off.


“We used publicly available data” worked good enough for now. And yet OpenAI just accused China of stealing its content.


Rather than signaling AMD's bankruptcy, this could be seen as a strong indication of how heavily China is investing in legacy technologies. That's why I wouldn't be so quick to draw conclusions. China’s eagerness in this area doesn’t mean that the investments are efficient. What truly matters here is the ability to build a full ecosystem. They practically wiped Huawei off the global smartphone market simply by banning Google services on their devices.


The license was done in 2016, though. It does not cover any later versions, and even if it did it would be cut off due to export restrictions.


it seems bad investment. firstly, it's an old architecure. secondly, How will they measure the efficiency of their investments?.Instead of investing in outdated architectures, they could fund universities, or support at least two or more companies in a competitive setup — that way, something much more efficient might emerge. But when a company is state-funded in a monopolistic way, it's quite hard for it to succeed. The U.S. had a reason for supporting AMD against Intel back then.


They are doing that as well. There's a lot of investment in RISC-V: https://asiatimes.com/2025/03/china-all-in-on-risc-v-open-so...

For x86, supporting multiple companies would be more difficult, as they would need a license for the ISA (which Zhaoxin inherits from Via).


risc-v is much more reasonable for countries like china.What I want to emphasize is this: Instead of paying license fees for outdated x86 architectures, it would be much more beneficial to allocate those resources to universities. If you're paying for a license but can't generate a return on that investment quickly, then something is wrong.


You are completely misunderstanding China's goal. They want the expertise, being self-sufficient, while taking what they can so they don't start from 0.

Risc-V is arguably risky, so they have their hands on everything at the same time so they're sure they have a winner.

Markets don't matter. They want to develop the technology and have the talent to achieve it, fast.


As in the article, it doesn't have to be good. yet.


Built a small tool that lets you categorize your local PDFs by local llms. tweaking prompt you can get better results.


Consciousness, at its simplest, is awareness of a state or object either internal to oneself or in one's external environment.

AI research is centered on implementing human thinking patterns in machines. While human thought processes can be replicated, claiming that consciousness and energy awareness cannot be similarly emulated in machines does not seem like a reasonable argument.


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