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Nvidia Dominates AI:11 Engineering Moves [video]

https://www.youtube.com/watch?v=vzM8mv1t_zM
1•skpothana•23s ago•0 comments

US and Iran announce deal to end military operations

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Formal Methods and the Future of Programming

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Telescope Rancher Who Manages Telescopes Each Night on a Texas Ranch

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Stanford grads walk out on Google CEO Sundar Pichai speech

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Nothing CEO: Phone Prices Will Rise, RAM Accounts for over 50% of Phone Costs

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Antidepressants and antipsychotics could be alternatives to opioids, study finds

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Chinese Drivers Are Using Tiny Plastic Heads to Fool Tesla Autopilot Safeguards

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The Former GOP Operative Running a News Site for the 'Politically Homeless'

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Instagram is obsessed with me (and you)

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Bob Dylan (and others) on turning 80

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Let Me Repost

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Fluorine Fermi – Monero's Biggest Update

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Repo Slop-Score

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Bran flakes classed as junk food under UK Labour health plan

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China's Universities Cut 12,000 'Obsolete' Degrees Amid Race to Embrace AI Era

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Still: Amortized KV Cache Compaction in a Single Forward Pass

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Open in hackernews

Ask HN: Is anyone growing further from capitalism?

5•holistio•1h ago
Long story short, I used to be excited about the possibility of building something and earning significant money from it.

I used to think a couple people making a couple million or even up to a billion is cool in some way.

Building a startup seemed like a vehicle of social mobility. 2 or 3 million dollars is about the range where I can buy a really nice house, set up a basic farm and my to-be-born kids could choose education paths based solely on their interests.

That's a lot more money than I or my parents ever had, but I honestly don't want more.

If I sold a business in that range it would mean I built something that provided a dozen or so people with a decent livelihood in Central Europe, where I live.

And boy, I was pumped about the idea. And I was ambitious, and still am.

But seeing valuation rounds of tens of billions and now a net worth of a trillion dollars - million times million - it just feels like the game is eternally uneven and I can't in good conscience support these ideas anymore.

I am the founder of a company. I want it to succeed. I don't want to become a billionaire, but I want the people that help me build it to have similar successes to mine.

Is the founder's risk really that heroic or most of us in the "can found a startup" caste can usually go back to jobs that already pay well over average?

If we succeed, I don't want my car or house to be 10x more expensive than of those people who joined me first.

There's something seriously rotten about these numbers billions. Something so deeply flawed I can't even put a word on it.

Given the excess of talent and opportunity we have, and I'm aware I have both, our primary focus should be on giving something back to society. Those around us.

Anyone else feeling the same way?

Comments

techblueberry•1h ago
The thing about capitalism, is that there used to be a lot of things like say - stock buybacks that were implicitly immoral or against norms.

JD Rockefeller aside from starting a monopoly had deals with the railroads most people at the time found immoral and this was either against or before the concept of common carrier.

So like - there are a lot of ways in which - I want to be a sort of economically conservative capitalist. I want to live in a world where we have a set of rules that create a level playing field. But we’ve had this slow drip of deregulation and norm breaking over the past 100 years, and yet debates of socialism vs capitalism still sort of come down to oversimplified debates of “are you meritocratic or not”.

And then cap this off with the fact that business wealth is extremely concentrated in the magnificent 7; capitalism isn’t capitalism without competition. I forget the name of the group, but there are even though leaders on the right that see that like wealth is not currently distributed the way any reasonably moderate person - left or right - idealizes it to be. It feels like we are so far from the colloquial definition of - “someone has a good idea, invents it, sells it to people, and gets rewarded”.

On some level, if Elon musk sold 100 million cars and pocketed 10k each, I might not care if he was a trillionaire, but we need to realign incentives with tangible value and not financial games.

holistio•1h ago
Yes, I have nothing against rewarding merit. I just also believe that those who are rewarded have a sort of a duty towards the rest of society.

And you can't really say that, because instantly you're attacked with "so you want Elon's money!" - I don't. I'm not even a US citizen. Not even a resident. But I also see the Starlink trails from my balcony and there are three Teslas parked in front of the building I live in right now. It's global.

I just believe owning $100B+ worth of assets, paying less % in taxes than the average Joe, while taking out loans against said assets is... corrupt. Not legally, but morally.

I really like Porsche. Then again, I made friends with a homeless guy a couple corners away. He's been on the streets for two years, can still make his way back.

I can't imagine sitting in a 911 without having first made sure he has a roof over his head.

And I'm not trying to signal virtue here, this is an anonoymous account after all.

db48x•1h ago
Humans are fundamentally irrational. Studies with chimps have proven exactly how irrational we are.

One classic experiment has the reseacher give the chimps tokens in exchange for simple tasks, like finding a pebble and bringing it to the reseacher. Then the chimp can exchange the token for food. The chimps will do this all day for slices of cucumber. But if a chimp sees the researcher give another chimp a grape in exchange for the token then suddenly cucumber isn’t good enough any more. If the researcher keeps giving the first chimp cucumber then it will scream and throw it back, even uselessly threaten the reseacher.

Rationally the chimp is still as well off as before. It still prefers cucumber over kibble, and it is still worth the chimp’s time to earn the cucumber. What it doesn’t like is the _unfairness_.

> But seeing valuation rounds of tens of billions and now a net worth of a trillion dollars - million times million - it just feels like the game is eternally uneven and I can't in good conscience support these ideas anymore.

Do you see how you are making the same mistake? If you earn the millions you wanted then you will still be just as well off as you would have been before you found out about someone earning a trillion.

Of course it’s not entirely a mistake to want fairness. Fairness is a good thing in many cases. But when it comes to self–improvement we have to look beyond fairness and try to be more rational. Earn those millions and be satisfied. They will provide you just as much stability now as they ever would have.

techblueberry•58m ago
> Do you see how you are making the same mistake? If you earn the millions you wanted then you will still be just as well off as you would have been before you found out about someone earning a trillion.

It’s not the same mistake. I’m doing fine. I have completely tuned my life and aspiration to my income. I need know more and I am personally satisfied. But forget morality and “who has enough”. Money is just not moving sufficiently in the system. And even traditional capitalists are sounding the alarm on this. It’s not about how much Elon Musk has compared to me. It’s looking at the total distribution of money.

But like all the rules about the economy and capitalism not being a zero sum game are dependent on moderation and a set of rules. AI companies really are sucking up all the capital leaving less money for smaller firms.

Depending on how AI companies tie themselves to the government, you could see bailouts and inflation that make us all poorer.

newaccountman2•1h ago
Pretty much everyone I know.

I went to the kind of elite east coast college where people were generally mostly pretty left and weren't too "capitalist" to begin with, but even my friends who were more business-oriented or economically moderate before are now openly pointing out that it's not working out well for the vast majority of people.

holistio•49m ago
It's not the same mistake.

The thing tied to the dictionary shared by the people here - SAFEs, pre-seeds, Sand Hill Road - has shifted.

~Ten years ago SF and the Valley represented the opportunity to meet quirky people, have smart fun, build something and maybe get an order or two magnitudes richer than your parents.

Now Paul Graham is lecturing Oxford students about how you can become a billionaire in 9 months.

It's all gotten insane.

I used to respect him, have his book in print and now I feel like everything he and his world represents is shifting further and further away from what I consider a disciplined, virtuous life.

I no longer want to play their game.

Having a YC badge on my front page has turned from something I longed for to an idea that's oddly cringe now.

db48x•7m ago
None of that seems relevant to your initial question.

Start a company, sell something people want, earn your stability.

What part of that requires associating with Paul Grahram or YC?

karakoram•6m ago
I simply do NOT understand what happened to YC, in general. I never would have imagined YC accepting or even discussing "defense" startups - like making actual weapons.

Now YC has not only embraced them but fully encourage young people to build in this area.

I don't know but the Valley is just very different now in every way, the people, the founders, the culture and the general environment. I can't articulate what exactly it is but its not good, at least to me.