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I feel like this is closest to trying to compete with Charm’s Crush rather than anything else.


I am not an expert, but I have worked somewhere MariaDB/MySQL was being used at scale.

My preference today for Postgres comes down to the fact that its query planner is much easier to understand and interface with, whereas MySQL/Maria would be fine 29/30 times but would then absolutely fuck you with an awful query plan that you needed a lot of experience with to anticipate.


On the other hand, at least MySQL/MariaDB has built-in support for index hints. Postgres does not, and you can absolutely still get bitten by unexpected query plan changes. It's rarer than bad plans in MySQL, but it's worse when it happens in pg -- without index hint support, there's no simple built-in solution to avoid this.


It is possible for all of the following to be true: 1. This study is accurate 2. We are early in a major technological shift 3. Companies have allocated massive amounts of capital to this shift that may not represent a good investment 4. Assuming that the above three will remain true going forward is a bad idea

The .com boom and bust is an apt reference point. The technological shift WAS real, and the value to be delivered ultimately WAS delivered…but not in 1999/2000.

It may be we see a massive crash in valuations but AI still ends up the dominant driver of software value over the next 5-10 years.


That's a repeating pattern with technologies. Most of the early investments don't pay off and the transformation does happen but also quite a bit later than people predicted. This was true of the steam engine, the telegraph, electricity, and the railroad. It actually tends to be the later stage investors who reap most of the reward because by then the lessons have been learned and solutions developed.


The dot com boom gave us $1T in physical broadband, fiber, and cellular networking that's added many many trillions to the economy since. What's LLM-based AI gonna leave us when its bubble pops? Will that AI infrastructure be outliving its creators and generating trillions for the economy when all the AI companies collapse and are sold off for parts and scrap?


It is hard to tell at this point about the AI/LLM. But the powerful hardware backing it has numerous potential in other research and innovations which are not yet clear to us. Just like the fiber and cellular network made Meta or Airbnb obscenely rich, the hardware may as well facilitate other forms of tech, may be quantum computing or heck even blockchain may be back(surprisingly these are suddenly very legal and less regulated this year!) or who knows what might be new.

While LLM trend is already going to the dumpster(notice how we no longer receive 1b/4b/8b models from Meta since LLama4 and similar competitors but only from china?), I firmly believe that commodity hardware will improve in this race to allow running LLMs(or their next iteration) on regular devices and become as ubiquitous as Siri/Cortana.


Among other things the big tech companies are literally planning to build nuclear power plants off this so I think the infrastructure investments will likely be pretty good.


True. But like the dot come bust, ultimate winner may not be LLM or even AI but something else entirely using the left over hardware and infrastructure which was intended for AI.


People overestimate what can be done in the short term and underestimate what can be done in the long term.


As someone who runs an actual bank, the headlines around this story are super misleading. In no meaningful way will be Apple be treated like a bank in the way that we generally expect banks to be treated.


Yeah. The headline had me thinking of cash reserves, fractional lending constraints, etc.


Two people and a pet isn’t really a “collective”


There are a bunch of contributors to these projects. I wrote the C version of Orca (and helped design the second version of its evaluation strategy) but also had help and ideas from other contributors as well. I wrote the Windows version of Uxn, Uxn32, which was a from-scratch implementation, except for a couple of things like the palette mixing table. The code from Uxn32's VM core ended up in other versions of Uxn emulators, which were then modified and improved by the people running those projects. There is not any governing body, committees, or authoritative leadership for these projects. We just talk to each other through various channels and do stuff. It's a collective.


That's the most constructive takeaway you have when looking at all their work? That's an unnecessarily limited view and doesn't add to the conversation.

From my vantage point their work fits the definition nicely.

"A collective body" [1] ... "Collectivized or characterized by collectivism" [1] ... "A political or economic theory advocating collective control especially over production and distribution" [2]

[1]: https://www.merriam-webster.com/dictionary/collective [2]: https://www.merriam-webster.com/dictionary/collectivism


I wouldn't say it's a completely throwaway dis. As much as I like Orca it easily could be that calling themselves "a collective" is putting on airs or pretending to be a bigger movement than they are. But it could also be tongue-in-cheek, self-parody, or theater of the absurd (which seems more likely).


This is the best critique of the entire idea, clearly.


I made a headless bank.


We wouldn’t fit either of your criteria.

And yet - we now have a bank license (!) and should clear 15-20M in revenue this year.

Sometimes hard things don’t make for overnight successes.


Glad you didn't quit :)

But as I mention:

> Please note these are suggestions for when you might need to re-evaluate, not indications that you’ve failed.


What is the name of your company? I'm looking for a bank to partner with.


Wooooosh.


Our customers are other Fintech companies rather than normal humans :)


Because it’s not a great fit for an event driven architecture.


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