What’s really scary is the money that’s being invested vs the .COM bubble. In the end 90s 100 million was a huge investment. Now it seems every AI company immediately a billion dollar and more valuation. There was a time when this was called “unicorn”.

In my town it works like this: Vets get taken over by PE, raise prices over time. People move to the old style vets. These are overwhelmed and can’t take more patients, so people have no choice but going to the PE vets.

When I was in 5th grade, calculators had become pretty affordable and there was this huge discussion whether kids should learn slide rules or use calculators. At the time it was decided we should learn slide rules and I am happy about this because it gives you some level of number intuition.

It reminds me a little of AI now. The question of whether students should use AI will probably soon go away and everybody will use AI. Not sure what the results will be.

Calculators went from something that was really expensive to something that was relatively affordable over a very short period of time. In about 1974, a 5-function TI was about $100 (in 1975 currency). By the next year a full scientific TI calculator wasn't much more and no one, at least in engineering school, was still using a slide rule though I brought one to exams as a a backup. By a couple years later, I was able to buy a discontinued HP calculator for about the same.

Unfortunately Apple seems to be gong the same way. On Mac and iPhone I am seeing more things that don’t work well.

For me it’s the opposite. AI has enabled me to write songs and create pictures. I can’t draw but AI helped me to implement ideas I had.

AI is paying for talent, like soliciting a prostitute for sex. You get the same "thing", but in the end it's just a transaction.

In what way is this different from paying a designer or writer?

have you considered not all ideas are good and maybe they shouldn't see the light of day?

I have the feeling that, if you look a little closer, a lot of products you are using are supporting atrocities somewhere directly or indirectly.

It seems a common problem in our profession that you can’t really talk to anybody about what you are doing. My friends have a vague idea but that’s it.

I think it's not even the billionaires that are the biggest problem. It's more like the top 10-20% that are driving up housing prices and many other things. They are a large enough group that it makes sense to mostly cater to them which is something we already see in most new apartments being higher end, less and less cheap cars on the market, no small houses to buy, restaurant prices shooting up, concert tickers becoming crazy expensive and so on. Las Vegas used to be the place for the average guy to fun. In the last few years they have publicly stated that they don't want that population anymore but want more of the upper end.

All this leads to a system that favors the top 10-20% who can afford things, own assets like stocks and real estate, get better education for their kids and leaves the rest of the polulation out in the cold.

It’s not that they don’t want — you can gamble on the toilet now.

The guys who were gonna fly in and drop $10k already blew their kids college fund on Draft Kings.

"Until he gets to Mars, then it's 24.66."

That's a cool life hack! Venus is even better with 5832

I don’t think this whole distinction between waterfall and agile really exists. They are more like caricatures of what really happens. You have always had leader who could guide a project in a reasonable way, plan as much as necessary, respond to changes and keep everything on track. And you have people who did the opposite. There are plenty of agile teams that refuse to respond to changes because “the sprint is already planned” which then causes other teams to get stuck waiting for the changes they need. or you have the next 8 sprints planned out in detail with no way to make changes.

In the end you there is project management that can keep a project on track while also being able to adapt to change and others that aren’t able to do so and choose to hide behind some bureaucratic process. Has always existed and will keep existing no matter how you call it.