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Joined 2 years ago
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Cake day: July 5th, 2023

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  • Considering her future job as queen will involve a lot of diplomatic and ceremonial functions it does kind of make sense to me that you’d want her to gain some international experience.

    Also on a personal level i’d imagine it is much easier to have some resemblance of a private life in a foreign country, especially at a prestigious institution where plenty of others share notable backgrounds, compared to going to a local university where everyone knows who you are. In a small country like Belgium you probably don’t even have much choices as to which university even offers a good program in your chosen field.

    Edit:

    Elisabeth initially studied at St John Berchmans College in Marollen, Brussels from September 2004 until August 2018. This marked a significant change in Belgian royal tradition, being the first time that a future Belgian monarch’s education has begun in Dutch

    In May 2020, the Belgian Royal Court announced that Elisabeth would undertake military training. On 31 August 2020, Elisabeth entered the Royal Military Academy in Brussels, studying social and military sciences

    - wikipedia

    Really seems like the worst candidate to make this accuse against




  • Sadly I think Airbus is already busy as is. As far as I understand it, they were already supply constrainted before this and have their order books filled for years. Otherwise Boeing’s most recent quality and safety issues would have had a larger effect.

    I don’t know if they could increase capacities even if they wanted to, or if a volatile situation like this would allow for the investments that would be necessary to do so.

    Imo this just accelerates China’s own ambitions to build up their own rival with Comac. This development makes the transition less gradual and they’ll have to eat some losses, but that’s something their system is capable of.

    On the other hand it’s actually worse for the US, because they’ll miss out on those sales and might not be able to sell them somewhere else. With Boeing already struggling and this being a key industry, this will mean that it might require more subsidies in the future to keep them going or succeed in the turnaround.


  • Sounds like it’s going in the right direction for you financially, that’s great! Depending on the interest rate paying off a mortage is definitely the right call and a pretty good (+reliable) return.

    That said i would probably still set up a small savings plan on a broad market ETF. Not because it’s necessarily an amazing time to invest, but to dip your toes into the experience and get a bit desensitized against the fluctuations. Doesn’t really matter the amount really (assuming you can invest without large fees), it just makes a difference psychologically to have skin in the game. That way you have some history once you decide to enter the market with larger sums.

    The Covid dip, while certainly unusual, is a pretty good example to why it might be a good idea. Since then there’s constantly been chaos in the world, but you could have invested with the worst timing in 2020 and would now be better off than by sitting on the sidelines. The past isn’t indicative of the future, but on that topic i really like the story of Bob, the world’s worst market timer


  • To be fair i think times are rarely normal. Just since 2000 we’ve had the dot com bubble, great financial crisis, covid pandemic, ukraine war and now this. Although the current situation feels like a particularly unforced and unnecessary one. And before that there were also plenty of other crisis from world wars, the cold war with things like the cuban missile crisis or the 1973 oil crisis.

    HYSA with those rates certainly seem like an appealing place to be in the current market, but as always this is a question about market timing, which is hard to impossible. When did you exit your positions and when do you plan to reenter? Because as said with the recent drops on a wide market scale we are still only down to levels just before the US election and nobody knows how things will play out in the future.

    So my point still stands that anyone who is finding himself in acute issues due to the current market changes has done poor risk management. Broad market etfs are meant for a long term investment horizon of 10-15 years exactly so one can weather out downturns. And if someone is close to retirment it would have been prudent to shift some portion of savings into more stable investments similar to how target date funds handle it. Which might still be a good move right now, as the losses are still within reason, assuming a diversified investment strategy (and not something like having bought tesla at peak or the trump meme coin).



  • What’s the better alternative? I’d certainly take a 401k over the current system in Germany where the current working population pays for the pensions of those currently retired. Which is obviously unsustainable if you take a single look at the demographic changes ahead.

    Stocks will eventually go up again and at least for my global all world ETF the current drop means we are only back to where we were in September 24. Trump is certainly destroying a lot of wealth with his actions, but I think this would be true regardless of how you invest.

    And anyone in hot waters right now because of the current drops should have probably been invested more diversified and maybe reduced risk a bit more.


  • As i understand it most of the money they are investing goes into new datacenters. So when a model gets outdone by a new one they still have those, unlike e.g. OpenAI that use other companies resources (i think microsoft and oracle mostly?). In a way companies that use those external clouds to train their own models are financing the investments needed for the big players.

    AWS, GCP and Azure are all growing 30%+ yoy, are profitable and if anything supply constraint in that they can’t build more capacity fast enough to meet demand. So it seems to me that to some degree they are already recouping some of those investments. I don’t see a drop in demand for compute, and even if using/training ai would become less resource intensive, Jevons paradox would just lead to more demand.

    Of course they also burn a lot of money as anytime a new model gets trained and beats the older ones, it kind of renders the resources spend on the previous one worthless. But to me that seems like the cost of doing business.

    The current investments they can afford. What would actually lead to shedding huge amounts of marketcap is, if they’d let a rival establish themselves. Similar to how the movie studios didn’t get into streaming early (mostly to not hurt their cable business) and gave Netflix enough time to establish themselves.


    To comment on something you mentioned in another reply below:

    I just don’t see a world where most people are coughing up more than $10 a month for AI.

    I think the big money will be in the business world, where salaries for actual people are high enough that saving a person even a few hours/week or replacing a single employee saves so much money that even expensive subscriptions would easily be worth it.

    On the consumer side as you say running smaller models locally will likely be the norm. But that means it would be free for both the likes of Deepseek and Google. And then it’ll just come down to who has access to personal information and is better embedded, which would be likely be whoever also controls other aspects of a users life, such as Goole with Android, gmail etc. Money here will be made just as it is done with other free services.



  • I am more surprised xAI investors approved. Especially for such a high price.

    Twitter actually imo had (and still has) quite a bit of value, but that is only to further Elons ideological goals. As a business it is on a downward trend and was never a cash cow to begin with. Comparatively little room for speculation. It’s a stagnating or declining business and doesn’t generate large profits if any.

    xAI on the other hand is pretty much in the same spot as most other ai companies. It has yet to prove to be a highly profitable business, but there is plenty of room for speculation. So as long as the bubble doesn’t burst, it has a high valuation.

    Which is all that would matter for any Twitter investor that wants to unload his shares. Although I doubt it would be via ipo, but rather in private funding rounds.





  • That’s pretty much me aswell, besides that I didn’t even spend energy to try and learn others. Simple docker compose, simple ui and easy way to add services.

    I am sure there are alternatives that allow for more elaborate setups and fancier things. But for the low effort I put into it, I got a page with some nice buttons with appropriate icons that scales to whatever screen size it’s displayed on. Only additional thing I did was enabled to show some basic info to see if e.g. SABnzbd is downloading something, which was also super easy.


  • Once again, girls are somehow responsible for boys’ inability to behave

    That’s really not what i am getting from this article at all.

    made the call because they believed that 11 to 12-year-old girls and boys competing against each other on the court could pose a liability risk leading to violence, even though the girls team had been winning 7-1 all season without incident.

    they may get frustrated and retaliate against a girl.” "Then we have liability issues.”

    McGraw said the girls were never in any real danger during the games, aside from the occasional side-eye.

    “They got giggles, they got laughs, and people talked about them… you know, the looks.”

    [emphasis added]

    Where “once again” is the boys inability to behave? All i see is adults wanting to dodge POTENTIAL liability.


    Beyond that there is the question about their participation in the league itself. Here there are as i see it two sides:

    • They participated through deception (listing as mail AND apparently fielding a male team in the first game)

    • Or one can be on the side that the system is broken and they should have been allowed to participate in the first place.

    Again something that adults decide. Not sure if we have enough information to judge this properly.


    Not sure why i spend much time on this nonesense, especially since i find this to be a pretty poor article (as is any that just randomly quotes social media users to make its point).