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Cake day: July 3rd, 2023

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  • Ramping up production didn’t reduce demand. Demand reduced due to a softening Chinese economy, mainly due to debt and housing.

    I agree, it’s not excess supply when you can sell it overseas. However, its also not central planning when you wanted to Ramp up supply for domestic consumption but end up using capitalism to keep efficiencies.

    Companies ramp down production all the time. What do you think redundancies and factory closures are for? They react to market conditions or seek new markets (as happened in this case).

    I thinknyouve got it backwards. Central planning can efficiently produce anything. As in, it can make as much of a product at the cheapest price as possible. The problem is central planning is less efficient at deciding how much is needed. It will often over or undershoot. Thats what happened here. Tonsaybthey can still sell overseas, so its still central planning being efficient is incorrect. Central planning didn’t work to produce the needed amount so trade through capitalism is being used to improve efficiency of the capital used.


  • They tend to be more efficient. However central planning in China which ramped up production yet has reduced demand, means an excess supply.

    So, selling to Europe or USA makes sense to offload that supply. In a capitalist, closed system, they would have ramped down production, but also wouldn’t have had the capital to ramp up production so quickly.

    If they weren’t seen as a strategic asset, then Europe and USA wouldn’t care that China is subsidizing cheaper products. They dont want their car industries dead as then they are dependent on China.


  • Oh, certainly LLMs are here to stay. Hopefully, they become conmoditised very quickly. But also, hopefully, the bubble bursts quickly too. Shoehorning AI into everything is dogshit. Actually using it for select reasons, where it is successful, should be great.

    Already we have things like customer support phone trees that try to get rid of user interaction with scripts. AI here could be great to improve them. What’s more likely is as the tech improves, more companies use AI rather than peioke for customer support, lol. Its dystopian.

    The difference, of course, is the belt sander is not purporting to be able to screw fasten. Nor will it with a future update or subscription.


  • Yes, but for the average user, if it confidently gives misinformation, then its worse than a search engine. It is removing the verification step of reading the source, seospam aside. The whole business model is on using it more, not selectively.

    One thing the article leaves out is the costs of processing should go down over time. Hopefully, as power transitions,.it also becomes more sustainable. However, it starts to become a bit like uber and self driving cars. How long can they burn through other peoples money to undercut competitions until the actual plan becomes profitable.















  • Yes, but the point is that being disruptive is often going against the rules. So, having rules to control when protests can happen is a bit of a misnomer.

    The question is whether the punishment will match the crime. Protesting before 5pm, youre at risk of a $50 fine and an apology letter to the class you disrupted. Or, you will be kicked out of university costing you your chosen career and the amount you’ve paid thus far.

    Protests should be disruptive. The university has to try and minimise the disruption to normal activity. At the same time, the univeraity shoukd want to foster free tjought and dissemination of ideas, peacefully, even if taboo or against current accepted norms of thought. The protestors need to disrupt normal activity. The protestors are also students that pay the university, so pay their bils. The university also has other educational, financial and hr responsibility. Its a balance for both.