I think Japan likely shares more values culturally with China than USA outside of political systems. In any aspect outside of that Japan is not western.

The leaders of Japan during the Meiji era (starting 1868) will be sad to learn that their attempt to thoroughly Westernize Japanese society failed even though it enabled Japan to dominate China (and most of the Western Pacific) for decades.

5 years behind becomes 3 years behind. China is expanding their manufacturing abilities faster than the US. Soon they will surpass the US. Look no further than their generic consumer electronics manufacturing.

It's not 5 years behind, engine tech is more on a ~15 year cycle, or even more.

CFM LEAP, latest short-to-medium-haul airliner engine from CFM (GE+Safran) is from 2013 (first run). Its predecessor, CFM56, is from 1974 (first run) and saw a few evolutions, including as late as 2009.

The whole “China copies everything” narrative is becoming less and less true.

It’s funny - it’s at the point with Chinese manufacturing for niche electronic goods (e.g rooftop van air conditioner) where some Chinese brands are more trustworthy - more value for your money and sometimes even better overall quality. With American brands you gotta make sure you’re not overpaying for dated tech that is inefficient. Maybe the same will happen with LLMs.

It's most notable to me in mid level manufacturing equipment. Once upon a time you would never touch a chinese made CNC, lathe, mill etc. Now they're totally fine, and offer significant value for your dollar. Sometimes outperforming other countries offerings while being cheaper to boot. Especially in new industries and processes, suggesting innovation is not the differentiator it used to be.

Enterprises often prefer having US based support and so can prefer US or European machines that have that supply chain setup.

It is less exclusively true.

This was a headline a year ago - Patrick Boyle has multiple videos on this topic.

Supply glut/low demand causes prices to go down.

https://www.youtube.com/watch?v=Zjuj1xB_Ze8

Is it just me or is trivial software getting overfunded? How does an AI skin on vscode or conda have a big enough moat for these crazy rounds?

Anaconda makes less sense to me, but cursor does have revenue numbers. I haven't seen them so I'm not sure if they look good (we use API keys with cursor so I'm pretty sure they get pure saas margins from us)

I would also venture to guess that cursor is a somewhat nontrivial modification to vscode at this point.

This doesn’t have a lot of information nor really expands on the superficial.

Where will the demand for those ads go? What will happen to people who still want to search?

You mean 23k usd? Corolla is 22k msrp i.e under 20k euro. Nissan versa is 20k msrp. Then account for the fact that Americans have higher income than Europeans.

I found that saving money on the car helps a bit, but not much -- the insurance costs are usually the dominant factor. Almost no one here seems to be talking about that.

Marketers gonna market. But if we ignore the semantics of what full self driving actually means for a minute, there is still a lot of possibilities for self driving in the future. It takes longer than we perceive initially because we don’t have insight into the nuances needed to achieve these things. It’s like when you plan a software project, you think it’s going to take less time than it does because you don’t have a detailed view until you’re already in the weeds.

To quote someone else, if my grandmother had wheels, she would be a bicycle.

This is a semantic discussion, because it is about what people mean when they talk about self driving.

Just ditching the meaning is unfair, because goddamit, the self driving dream was awesome. I am hoping to be proved wrong, but not because we moved our definition.

Carve a separate category out, which articulates the updated assumptions. Redefining it is a cop out and dare I say it, unbecoming of the original ambition.

Networked Autonomous vehicles?

Yeah exactly. It’s kind of absurd to take the position that it’s impossible to have “full self driving” because Indian driving is different than American driving. You can just change the model you’re using. You can have the model learn on the fly. There are so many possibilities.

Other companies have different reasons to cut costs, but the incentive is still there.

Stocks are valued against the risk free interest, or so the saying goes.

Doubling interest rate from .1% to .2% does a lot for your DCF models, and in this case we went from zero (or in some cases negative) to several percentage units. Of course stock prices tanked. That's what any schoolbook will tell you, and that's what any investor will expect.

Companies thus have to start turning dials and adjust parameters to make number go up again.