Business bros will not pay high salaries to maintain software. Software maintenance will always end in India with developers making $20/hr. Or less.
AI makes it look like these developers can do the same job the Americans did building the product to begin with. Even if things fall apart in the end, it won’t stop the attempt to order of magnitude reduce the cost for maintenance.
Correct, momentum acceleration is generally a mean reversion signal in futures, and can be effectively combined with momentum signals i.e. you go long when it goes up but when it starts going up a lot you reduce your position.
And these signals are usually very compressed in time because acceleration is actually just an acceleration in the number of decisions being taken, which tends to blow off quite spectacularly.
Something that has changed is the large retail participation, which is making the scale of these moves quite crazy. Will be interesting to see what happens next, as with crypto the scale of the wipe seems so large that it is hard to see how that participation continues.
Healthy for markets but I am guessing this will conflict heavily with the politics.
My son, who just finished his first semester at college, said the thing that surprised him the most was the blatant cheating all around him. He said it is rampant and obvious, and the professors don't seem all that eager to punish it. It pisses him off, because it puts him at a disadvantage because he doesn't want to cheat.
It's from a culture of people who cheat to get ahead, because they come from a society SO competitive, SO cutthroat, and SO obsessed with education & testing that cheating is encouraged and rewarded...because its rewarded in the workplace, in the broader economy (up to a point), and in the political body.
Of course, there's also the Chinese, who cheat because they are international students paying several multiples of the tuition and the university doesn't want to upset that gravy train in the wake of several federal funding cuts. Also because your rank-and-file Chinese students at most American colleges suck at speaking English so they, except in pure STEM, need to cheat in order to pass in the first place.
Problem is when the professors are being assessed on how the students do, instead of how honestly they assess their performance, there's a lot of disincentive to root out cheating. Universities have generally been marking their own homework on this front for a long time, and their morphing into a business which sells degrees has turned this conflict of interest into a real problem.
In the modern era, you are purchasing a diploma. I witnessed dozens of students blatantly cheat without any consequence. We all got the same degree.
Colleges exist to collect tuition, especially from international students who pay more. Teaching anything at all, or punishing cheating, just isn’t that important.
Yet. AI feeds from the content it substitutes. I’m skeptical to the long term feasibility for this reason, how is it going to bring me news when publishing those news is no longer profitable, for example?
They have nifty apple-only features, like you can hold them close to the iPhone and they'll pop up and pair with a neat UI.
It's mostly gimicky, but it does give the user the impression that the apple Air pods are higher quality because they have all these things thought out. In actuality, Apple just made it so they're the only ones who can do that.
I suspect that CVE inflation has poisoned the minds of many developers.
A db driver may have an issue with unsanitized user input when run against SQLite, but you only use it with oracle and sanitize input anyway, but that shows up as a 9.1 critical deployment blocker for corporate employees.
Unexploitable CVEs with inflated ratings make using any open source software a pain in the butt at BigCo.
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