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1ht1.bsky.social
IHTI
@1ht1.bsky.social
110 followers 150 following 21 posts
Mathematics & CS Researcher
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edzitron.com
November 17, 2025 at 11:47 PM
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edzitron.com
Very cool!
www.theinformation.com/articles/inv...
Some researchers are trying to take advantage of high investor interest in AI. They have told some investors that growing concerns regarding the costs and benefits of Al have prompted them to raise a lot of money now rather than wait and risk a shift in the capital markets, according to people who talked with them.
November 13, 2025 at 4:48 PM
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edzitron.com
Me, two weeks ago
www.wheresyoured.at/big-tech-2tr...
As we speak, big tech is hoarding masses of GPUs, and by extension, masses of depreciating assets that will without fail lead to a massive impairment loss, which will come directly out of their earnings, and when they’ve spent tens or hundreds of billions of dollars on GPUs, these impairments will be extremely harsh, and come directly out of earnings. So, on top of spending hundreds of billions of dollars in capital expenditures, big tech is also conjuring a giant anvil above their heads. GPUs start losing value the moment you buy them, and by purchasing hundreds of billions of expensive, ever-rotting assets, big tech guarantees their revenues will take a hit sometime in the future, and likely multiple times as each generation ages. Let me put it in really simple terms, and use a hypothetical example. Ten companies bought $10bn of GPUs each to sell AI services, each requiring billions of dollars of data center infrastructure to go on top of them to make them run. As a result, one of the companies — let’s call them BallWeave — has had to take on an absolute shit ton of debt to buy them. BallWeave eventually runs into solvency issues, and has to start selling off masses of GPUs, massively reducing the market value of these GPUs by 30%. This causes the other 9 companies to have to take an immediate impairment — a $3bn haircut directly off of their balance sheet. There is no spreading it out. This is a problem, in part because $3bn is a lot of money, and in part because that’s more than the revenue being generated from AI. The impairment has an immediate negative effect on their assets, while also directly eating into their income, because this shit is almost certainly being financed. This hypothetical scenario is quite real, and it can hurt you, and will hurt any and all companies buying masses of GPUs. One last thing: Remember how I said that there are many ways to calculate depreciation over the useful lifetime of an object? Well, the depreciation rate is always the difference between the initial value of the item and its salvage value — which means how much a company can expect to make when they dispose of the item, either by reselling it or literally scrapping it for parts. So, for the sake of illustration, if a GPU costs $50,000 and has a useful life of five years, after which it has a nominal salvage value of $10,000, the amount said company could mark down as depreciation over that lifespan is $40,000. This is simply me talking out loud, but I worry that there’s no real way to accurately predict what that salvage value of an enterprise GPU will be. It’s contingent on a bunch of factors — namely, how long these cards last in real-world conditions, where they’re experiencing near-constant utilization, as well the pace and the quality of Nvidia’s future releases. It’s bad, and only compounds the fact that they’ve already created a giant, ugly, unsustainable hole on top of their earnings.
November 10, 2025 at 5:09 PM
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utopia-defer.red
hey guys isn't it weird how they're all saying this at the same time? ignore the fact that this is now happening with Tyler Cowen, an economist who sits at the center of a sprawling system of think tanks and policy "influencers" who have been laundered into DC with both Koch and SV VC money
More Perfect Union @MorePerfectUS In a new podcast Sam Altman says: " When something gets sufficiently huge ... the federal government is kind of the insurer of last resort, as we've seen in various financial crises ... given the magnitude of what I expect AI's economic impact to look like, I do think the government ends up as the insurer of last resort." A video still of Sam Altman sitting in a chair, talking into a mic next to Tyler Cowen
November 7, 2025 at 11:29 PM
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profhilaryallen.bsky.social
The line between bailouts and crony capitalism is looking awfully blurry…
utopia-defer.red utopia deferred @utopia-defer.red · 10d
hey guys isn't it weird how they're all saying this at the same time? ignore the fact that this is now happening with Tyler Cowen, an economist who sits at the center of a sprawling system of think tanks and policy "influencers" who have been laundered into DC with both Koch and SV VC money
November 8, 2025 at 8:58 PM
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davidho.bsky.social
Nearly half of US air freight is shipped via passenger planes, so the Republican government shutdown will further raise the costs of goods.
US airlines cancel 1,000 flights while complying with shutdown order
Anxious travelers across the U.S. are feeling a bit of relief as airlines have mostly stayed on schedule while gradually cutting flights because of the government shutdown.
apnews.com
November 8, 2025 at 12:26 AM
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edzitron.com
ceo of mcdonalds say big mac yum yum
November 7, 2025 at 3:18 PM
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numb.comfortab.ly
Imagine household appliance that just keeps electrocuting people do death, and the manufacturer just shrugs, and keeps selling more of them. bsky.app/profile/hype...
November 7, 2025 at 10:39 PM
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edzitron.com
Based on analysis of years of revenues, losses and funding, since 2023, OpenAI has taken in $28.6bn in cash and had $13.7bn in losses.

However, reports say OpenAI ended 1H 2025 with $9.6bn in cash - suggesting OpenAI's losses are billions higher than reported.

www.wheresyoured.at/where-is-ope...
Where Is OpenAI's Money Going?
Soundtrack: Queens of the Stone Age - Song For The Dead Editor's Note: The original piece had a mathematical error around burnrate, it's been fixed. A few days ago, Sam Altman said that OpenAI’s rev...
www.wheresyoured.at
November 7, 2025 at 5:35 PM
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marklemley.bsky.social
Australia has so much electricity from solar power that it is going to start offering free electricity to everyone for at least three hours during the day as the wholesale price of power goes negative

electrek.co/2025/11/04/a...
Australia has so much solar that it's offering everyone free electricity
Australia's extensive solar power penetration makes so much energy that the government wants to offer free electricity at peak hours.
electrek.co
November 6, 2025 at 4:58 AM
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edzitron.com
AI boosters are beginning to crash out
Capitalism is good. Capitalism is right, capitalism works. Capitalism clarifies, cuts through, and captures the essence of the evolutionary spirit. Capitalism will win. If you think central planning China can compete with buggy, unoptimized Al chips that crash all the time guzzling power against American ingenuity, the smartest Al researchers in the world, and hundreds of billions of annual capex spending from the most profitable companies in history, good luck with that.
November 6, 2025 at 5:04 PM
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zellyn.bsky.social
i dunno, i think trump's bathroom redesign has a certain charm to it
Donald Trump Truth Social post: I renovated the Lincoln Bathroom in the White House. It was renovated in the 1940s in an art dec green tile style, which was totally inappropriate for the Lincoln Era. I did it in black and white polished Statuary marble. This was very appropriate for the time of Abraham Lincoln and, in fact, could be the marble that was originally there! The images on the post have been replaced with the red and black 'Doom Bathroom'
October 31, 2025 at 6:25 PM
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financialtimes.com
The AI bubble has reached its ‘fried chicken’ phase ft.trib.al/VGyrH8K
The AI bubble has reached its ‘fried chicken’ phase
This is nuts. When’s the crash?
ft.trib.al
October 31, 2025 at 8:07 PM
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bcmerchant.bsky.social
Seems fine.
NYT headline and graph showing Nvidia is worth $5 trillion.
October 29, 2025 at 9:17 PM
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t1c.dev
>"deterministic mechanism"
>looks inside
>unpredictable behavior
October 25, 2025 at 3:00 AM
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retr0.id
www.google.com/search?q=sit...
October 25, 2025 at 12:27 AM
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retr0.id
>"asm is close to the metal"
>observe complex microarchitectural conditions
>???
October 25, 2025 at 12:26 AM
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retr0.id
>"c is close to the metal"
>look at the compiler output
>it's suboptimal
October 25, 2025 at 12:19 AM
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edzitron.com
Exclusive: Anthropic spent $2.66 billion on Amazon Web Services in the first three quarters of 2025, around 100% of their estimated revenue. Its costs appear to increase with their revenue, showing little path to profitability.
www.wheresyoured.at/costs/
This Is How Much Anthropic and Cursor Spend On Amazon Web Services
So, I originally planned for this to be on my premium newsletter, but decided it was better to publish on my free one so that you could all enjoy it. If you liked it, please consider subscribing to su...
www.wheresyoured.at
October 20, 2025 at 3:19 PM
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edzitron.com
Here’s this week’s Better Offline monologue. I walk you through why nobody should be afraid of generative video, and how it’s impossible, impractical and expensive to make movies with Sora.
podcasts.apple.com/us/podcast/b...
Linktr.ee/betteroffline
Monologue: Don't Be Scared Of Sora
Podcast Episode · Better Offline · 10/24/2025 · Bonus · 13m
podcasts.apple.com
October 24, 2025 at 1:31 PM
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mjgault.bsky.social
porn and slurs. Altman's lowtax run continues apace
OpenAI's Sora 2 Can Generate Videos of Celebrities Appearing to Shout Racial Slurs
OpenAI's Sora 2 video generation model can be exploited to push misinformation and depict public figures behaving badly despite promised guardrails.
www.rollingstone.com
October 23, 2025 at 8:03 PM
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hypervisible.blacksky.app
So now Mark’s creeper specs do what they are intended to do and the company can claim users are circumventing the “guardrails” and violating the TOS. Everyone gets what they want, except for the rest of us, who get screwed.
josephcox.bsky.social Joseph Cox @josephcox.bsky.social · 26d
New: a $60 mod to Meta's Ray-Ban glasses disables the privacy LED light. This is supposed to light when people are filming with the glasses. We bought the mod, verified it works. Now you can never be sure whether someone wearing Meta Ray-Bans is filming you or not
www.404media.co/how-to-disab...
A $60 Mod to Meta’s Ray-Bans Disables Its Privacy-Protecting Recording Light
Meta’s Ray-Ban glasses usually include an LED that lights up when the user is recording other people. One hobbyist is charging a small fee to disable that light, and has a growing list of customers ar...
www.404media.co
October 23, 2025 at 1:11 PM
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samleecole.bsky.social
Sora flopping, bleeding cash on pro subscriptions, lawsuits left and right accusing the company of inventing the emotional torment nexus, age verification lobby with a stranglehold on the adult internet... pivoting to porn is masterful gambit www.404media.co/chatgpt-erot...
ChatGPT’s Hail Mary: Chatbots You Can Fuck
As recent reports show OpenAI bleeding cash, and on the heels of accusations that ChatGPT caused teens and adults alike to harm themselves and others, CEO Sam Altman announced that you can soon fuck t...
www.404media.co
October 14, 2025 at 9:24 PM
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hypervisible.blacksky.app
“Flock is the $7.5 billion company whose cameras capture license plate data for Denver Police and other agencies across the nation. It has drawn criticism because immigration enforcement agents have tapped into its national network.”
Denver Police has a contract with Flock for drone first responders
The company’s surveillance cameras have drawn civil rights concerns.
denverite.com
October 14, 2025 at 10:21 PM
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eff.org
In the latest installment of Bad Letters, let's learn from EFF's @maassive.bsky.social about the surveillance tech that could soon be roaming the skies in your city. Learn more at www.eff.org/DFR.
October 14, 2025 at 10:27 PM