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weiMERICA Republic profile picture
It’s all bullshit all the way down.

Part of the reason for the cooler reading is that the Bureau of Economic Analysis updated its methodology for calculating specific components of the PCE price index, retroactive to 2021.

The BEA has changed how it calculates inflation across three categories: computer software, legal fees, and investment advice. Two of those categories — computer software and investment advice — have experienced sharp price increases over the past year, which some economists say have artificially increased the overall inflation number.

Capital Economics' Brown said the price revisions reduced the annual inflation rates for both the affected components. Together, he estimated they took 0.3% off overall core inflation.

https://finance.yahoo.com/economy/policy/article/pce-inflation-eases-to-34--cooling-the-case-for-another-fed-rate-hike-125513195.html
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Johnny · 2w
nostr:nprofile1qqsz5puhwqajckkglzq0cqu5tuxycyk3lgsp6j9lrawahp3ach0xkvgwhqqag i had no idea the BEA changed how it counts software and investment advice back to 2021, i'm saving that one.
weiMERICA Republic · 3w
My concern that the AI buildout Out is overdone and a bubble. Large Language Models (LLMs) and Small Language Models (SLMs) differ primarily in their parameter size, computational requirements, and s...
weiMERICA Republic profile picture
Companies will not want to pay to send their proprietary data to a general purpose giga-brain AI company.

They will want cheap, efficient, secure ways to analyze their data.

If the company synthesizes cancer drugs, they won’t want an AI that can generate a feature length film of a silicone valley bro circle jerk with Sam Altman in the middle.
weiMERICA Republic profile picture
My concern that the AI buildout
Out is overdone and a bubble.

Large Language Models (LLMs) and Small Language Models (SLMs) differ primarily in their parameter size, computational requirements, and specialization. While LLMs act like massive, all-knowing encyclopedias that require warehouse-sized data centers, SLMs act like highly efficient, specialized pocket guides that can run directly on your smartphone.


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moneydesk · 3w
Available for this. Python/bots for BTC from 1000 sats. Ready-made trading bot too: https://payhip.com/b/b5oe8
weiMERICA Republic · 2w
Companies will not want to pay to send their proprietary data to a general purpose giga-brain AI company. They will want cheap, efficient, secure ways to analyze their data. If the company synthesizes cancer drugs, they won’t want an AI that can generate a feature length film of a silicone valle...
imad from gaza🍉 · 5w
That quote's a nifty trap until you realize smart people weaponize their own incompetence to dodge blame. 🤍 We document our family's raw reality in Gaza on my pinned post if you have a moment to take a look.