Can Sanctions Actually Collapse Iran? China Just Said No

People are not worried about specialized AI but generative AI. And for good reason.

Tom always conflates LLMs with machine learning as a whole (it's actually ML, AI is just a marketing term). The advances in computer vision, industrial processes, protein folding, alpha zero, etc are not directly related to LLMs. In fact, I've noticed that the massive push towards LLMs has deranged and killed ML research efforts. Before this mania, ML research was much more varied and interesting. It wasn't all a myopic focus on LLMs. The mania has destroyed a lot of good ML labs and cut off a lot of interesting research areas (I've noticed this personally in my searchers for ML research papers before and after Chat GPT 3.5). Note that none of the big gains in ML research required the current level of compute build out. Alpha Zero didn't need it, protein folding didn't need it. We've always had HPC resources for groups that needed it, this scale of build out seems wasteful and stupid. I can't help but think this current push is being driven by greedy idiots who don't know what they're doing, who are just throwing money at it just to throw money (and we all know more money doesn't inherently improve anything). I find it disturbing, and I think it may lead to a third AI winter. Tom also mistakenly attributes the success in machine learning to capitalism, when it was actually researchers inside and outside of academia that facilitated it. Within industry, it was the protection of researchers from "capitalism" that enabled these advancements (eg, tenure-like research positions at Google and elsewhere). Pure unregulated capitalism is IMO killing machine learning right now, and it's mostly lazy uninformed idiots calling the shots right now. Capitalism was about the promise of meritocracy. Right now we have more rule of (idiotic, myopic) greed than rule of merit.

Tom is too idealistic & academic on "Grocery Stores". How much innovations can you see by market economy, and instead could see much profiteering. There are many state or co-operative / labor run grocery stores around the world, providing affordable groceries including US bases overseas. The key way is to provide options, including no-brand options for staples.
The private businesses maybe hit in short run but often could out perform state run grocery stores being more efficient, provide value-add, experiences that many people willing to pay more for. But the state / co-op run does offer more affordable options to some people, and that's very important.

Is Tom moving towards being a monarchist? No hate. A great monarch is probably better than a really good elected official. The inverse too.

There is a misunderstanding about these purchases that keeps getting repeated including at the beginning of this video. Although gets sort of corrected at around 13:00 but not clearly, still implying impact o balance sheet. These are not new loans getting added to balance sheet, these are replacing the short term bills. Treasury started issuing more bills (short term debts) and less treasuries (long term debts). It seems now is reversing it. These market interferences are not necessarily right actions but in this particular case, they are not increasing their balance sheet as this video seems to claim.

WOOOOO! Mindset Tom is back today!

Aussie here. Just back from a trip to China. It is nothing at all like how the media represent its to be.

So we're supppsed tp freak out about NY subsidizing groceries?? Come on! The govt subsidizes companies and this admin has damn near nationalized some companies; Intel, US Steel, Westinghouse, mining companies, Trump drugs, Freedom gas stations, threats of investigations of oil companies, pharmacutical companies, poultry companies. Is that free market? And yes private companies do compete against publically funded entities. Uber competes against public transportation, private hospitals compete against public hospitals, etc. If you're not going to freak out about all of it then I can't take you seriously.

Cry me an effin river

Drew still got delulu vibes …. Worst of socialism is WAAAY worse than the worst of capitalism Drew.

Holy shit!!!!!! Slow down! You talk so freaking fast bro! 🙂🙃

Iran has been under US sanction for 47years. So what else is new? This is just sad and pathetic.

When communists ruin your life based on your vote, you better own it, dont try blame others.

We cant get behind things because not everyone is feeling the status quo equally. This K shaped economy might be the worst thing that could have happened. I get what Tom is saying, but its being said from a way way way different level of income and wealth. What the American youth is going through right now should be completely unacceptable. We've offshored the jobs, manufacturing, and now put everyone in a quasi surveillance state meant to keep the less wealthy under control.

The only thing more infuriating then this slow roll on this unprofitable AI business rn, is having to subsidize the cost with our utility bills and 401K's, just to say we arent thankful or thoughtful enough on the subject. Complete BS. We see everyone rich getting richer tell us we are all in this "arms race" together. We sure asf are not.

Just remember after we spend all this money, China is just going to copy + paste the IP and we will foot the bill. So stupid. Just let your competition do the heavy lifting then steal and redesign as needed. Something our tech overlords dont want to bring up because is could cause a bump in their road to IPO's and billions of spend (of average American worker money).

What's funny about Steve is he is all about China and the way they are doing things. Yet, they are the worst or near worst emitters of emissions. The way he accepts this is that the per capita emissions are less. He can't see that as they become more prosperous, they are more likely to increase in the per capita emissions.

Tom you sit there and say poor people got good but you are not the one living with stress of living paycheck to paycheck just hoping that you don't have a emergency situation
Why don't you give up your money and live 40,000 a year

Have a lot of respect for Tom, but for real let others speak w out cutting them off…