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Cake day: July 9th, 2023

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  • Because a lot of CEOs these days only care about quarterly reports. When interest rates went up, companies cost to do business also went up, so to keep the red profit line going up, they had to cut costs somewhere. Labor makes up most of the expenses so layoffs and forced RTO happened.

    These CEOs don’t care that they lose years of experience when employees leave. And by the time the lack of experience catches up to the companies shitting themselves, the CEOs hope to have moved on to something else with their massive stock rewards for “increasing shareholder value”. Even the Boeing CEO who wasn’t lucky enough to leave before shit hit the fan is going to get a golden parachute. So really no downside for them.



  • If the Democrats had voted to keep McCarthy as the speaker despite McCarthy’s previous record of uncooperation and reneging, it would have signaled to him and the republicans that the democrats can be pushed back further. It would have been a disastrous move politically for the democrats. Remember, McCarthy voted against certifying the election results so he did not have a great record of upholding democratic values and could not be trusted to negotiate in good faith.


  • The GitHub copilot example seems to indicate it’s a pricing problem. In fact this situation might indicate that users are finding it so useful that they are using it more than MS expected when they set up their monthly subscriptions. Over time, models are going to be optimized and costs will reduce.

    Expecting AI to take over all human intensive tasks is not realistic but eventually it’s going to become part of a lot of repetitive tasks. Though I hope that we see more open source base models instead of the current situation with 3-4 major companies providing the base models behind most of the AI applications.