Im a little bothered by the corporate partnership/consolidation. I know microsoft has a lion share or openai equity. But, my real concerns come from the recent AWS crash. If major failures happen like this imagine shipping the workload of all of Chatgpt to AWS. I am not saying they can't handle it far from it. I am actually starting too see oligopoloy murmurs. I just want want more competition for cloud services at that level. Big tech seems very incestuous lately and I worry for the smaller consumers.
After all the hype about controlling increasingly oligopolistic big tech from both parties, there has been very little outcome. Google got off easy, as did Facebook. Part of the problem is that these industries have a powerful network effect; part is the influence the leaders of these industries have gained over both parties; partly it is because the technologies are moving so fast it is hard to regulate the industries based on current technology, as tomorrow the technology will be more powerful and there will be new emerging competitors (see Google ruling with respect to competition from ChatGPT).
The Palantir example really ilustrates how sentiment can override fundamentals. SNAP faces an even tougher situation where both sentiment and fundamentals are working against it. The ad market softness combined with competition from TikTok means investors have little reason to stay patient with elevated valuations.
The current "negotiations" about ending the government shutdown are almost entirely within the Democratic Party. Republicans are still standing by absolutist demands; about a dozen Democrats, according to Politico, have signaled they are willing to give in and fold, and hope that changes to currently- scheduled Medicaid increases can be made after they have lost all influence over the process.
Im a little bothered by the corporate partnership/consolidation. I know microsoft has a lion share or openai equity. But, my real concerns come from the recent AWS crash. If major failures happen like this imagine shipping the workload of all of Chatgpt to AWS. I am not saying they can't handle it far from it. I am actually starting too see oligopoloy murmurs. I just want want more competition for cloud services at that level. Big tech seems very incestuous lately and I worry for the smaller consumers.
After all the hype about controlling increasingly oligopolistic big tech from both parties, there has been very little outcome. Google got off easy, as did Facebook. Part of the problem is that these industries have a powerful network effect; part is the influence the leaders of these industries have gained over both parties; partly it is because the technologies are moving so fast it is hard to regulate the industries based on current technology, as tomorrow the technology will be more powerful and there will be new emerging competitors (see Google ruling with respect to competition from ChatGPT).
Agreed. When it does end I expect there will be alot of teeth gnashing.
The Palantir example really ilustrates how sentiment can override fundamentals. SNAP faces an even tougher situation where both sentiment and fundamentals are working against it. The ad market softness combined with competition from TikTok means investors have little reason to stay patient with elevated valuations.
The current "negotiations" about ending the government shutdown are almost entirely within the Democratic Party. Republicans are still standing by absolutist demands; about a dozen Democrats, according to Politico, have signaled they are willing to give in and fold, and hope that changes to currently- scheduled Medicaid increases can be made after they have lost all influence over the process.