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Jesse Livermore
@Jesse_Livermore
Trader, Speculator, Bucketeer
11.1K Following    103.7K Followers
When a company fails to deliver products that satisfy the customers who are paying for them, the customers stop showing up. The company loses its revenue, people get fired, and the whole thing eventually shuts down. It can be a stressful system to operate in, but it works beautifully to align incentives and create real accountability. In NYC Public Schools, that beautiful system gets completely inverted. When a school fails to deliver quality education, the customers (taxpayers) are forced to pay more into it through additional funding measures that get triggered to help lift up the underperformers. The highly-political, aggressively-unionized nature of the operation shields responsible parties from consequences, and the grift just continues on forever. Despite her experiences and the vulnerability she showed in her essay, Nikole Hannah-Jones still doesn't appreciate any of this.
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If you have to post AI slop, PLEASE use Chatgpt instead of Claude. Nothing more obvious or annoying on this site right now than this stupid ass "X sitting inside a Y, with a Z underneath."
If OpenAI were a stock, it would be well off of its earlier lows right now, and probably making new highs. Can't speak for anyone else, but I've noticed a significant increase in the quality of its output and a significant drop in its hallucinations over the last few months.
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A website for trading fake money is a net negative.
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"We're going to stick a loud, ugly data center near your home. The data center will provide AI compute that will make it easier for your employer to fire you." Hard to think of a technology that is set to face greater political peril. Sam Altman better hurry up with those cures!
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