Backwards compatible verified phone calls. Android version is in testing with friends.
2) Katalib.
We have about 1600 books or so at home, there's no chance I'm going to scan ISBN codes of all of these. I've tried four times and got way too bored after the first 100-200. The solution? Take a photo of the bookshelf, send to Claude for text parsing and series information. Then some UI etc around that.
It's working, I just need to start testing it myself and a few friends have also asked for access.
I'm starting the process of photographing everything I own for a potential insurance claim in my high wildfire danger area. I've dreamed of something like this that could name, describe, and estimate the replacement cost of each item, saving me hundreds of tedious hours. Including books. So please think big like Jeff Bezos and don't stop with books.
If visions of wealth don't motivate you, think of how much the insurance companies will hate it.
I'll throw the British South Sea Trading Company into the ring for that title of most overvalued company ever.
It had the king himself on the board. The company value represented a decent fraction of the national gdp at the time. All without actually never producing anything of actual value. It was just bribes and speculation all the way through. It's wild.
The Wikipedia user based his drawing off of this sculpture from 1711, so it seems the american continent was actually already quite well mapped back then.
The armorials of the South Sea Company, according to a grant of arms dated 31 October 1711, were: Azure, a globe whereon are represented the Straits of Magellan and Cape Horn all proper and in sinister chief point two herrings haurient in saltire argent crowned or, in a canton the united arms of Great Britain. Crest: A ship of three masts in full sail. Supporters, dexter: The emblematic figure of Britannia, with the shield, lance etc all proper; sinister: A fisherman completely clothed, with cap boots fishing net etc and in his hand a string of fish, all proper.[61]
The artifact you link shows a map of the Americas in which California is an island and either Tierra Del Fuego is huge or the bottom of Argentina is an island and the northwest of the continent trails off into nothing, and Florida is sort of a stubby nub (other maps from this period show a more accurate Florida, so this might be a small-size-of-the-object problem).
They had a decent view onto the east coast of the Americas, but after that things got quite inaccurate. It's like... I don't know what anyone's expectations are, but it certainly isn't the perfect world map that's shown in the main image of Wikipedia's article.
We should stop comparing incomparable things, like companies market cap (measured in dollars or pounds) to national GDPs (measured in dollars or pounds per year,) unless we want to reach outrageous but incorrect conclusions.
It's a dubious comparison but not because of "per year". The comparison is implicitly to one year's worth of GDP, which is a currency amount.
It's dubious because whereas a year's worth of GDP has some claim to actually being the value of something (with many caveats but it's engineered to behave like that as much as possible), market cap isn't. It's the amount all the shares would cost if someone bought them all in one go for the price some shares were most recently purchased for, which would never happen.
Hashicorp was bought for $35 per share at a time when it was trading a little above $25. Not saying crazy market caps aren't a sign of a bubble (not sure how you'd read that in my comment), just that market cap is not the value of the company.
Variation in price doesn't prove that the market cap is not (a good estimate of) the company value for highly liquid stocks.
Value is subjective. Stock prices measure peoples perception of the value. Your thesis that it is incorrect can only come from 2 places (I think)
1. Dumb money - the market cant see that XYZ is overvalued or undervalued. My rebutal there is nonetheless XYZ has been valued by a conpletely open continuous auction that people are not restricted to participate in.
2. The parts are less than their sum. This may be somewhat true... total control over a company may be more (or less) valuable than splitting. But I dont think it is order of magnitude. And if it is, it is because the value to you isnt the value to me (the value of RAM to a gamer < value of RAM to OpenAI).
Well, based on that last share purchase, we have incontrovertible proof that there was indeed one person in history who thought it was worth 3x GPD.
And the fact that in the entire BSSTC shareholder universe, there wasn't any noticeable volume for a sell, or a registered sell limit, at a lower value leading up to the last peak.
That must have been a rough trade, but someone got something out at the last moment.
1. No, we don't have proof that there was one person who thought it was worth 3x GDP. We have proof that there was one person who thought a 0.001% share of the company was worth 0.003% of GDP or whatever. They could think it was worth that much for plenty of reasons; maybe they thought the share price would grow for a bit more before collapsing so that they could make some profit, maybe they invested in order to just be an investor and have a say in investor meetings or however things worked back then. Maybe it was a status thing.
2. Why are we using the opinion of one random person to determine the value of a company
> Why are we using the opinion of one random person to determine the value of a company
Please don’t invent strawman positions and reflect them on me. I said nothing of the kind.
Of course the company’s worth wasn’t what is implied by the peak trade.
But that price wasn’t set just by the peak buyer. Out of all the other shareholders and shares, nobody was offering a sale on that venue at a lower price.
Outside of all the idiosyncratic psychology of each individual, in aggregate, the market did “think” it wasn’t worth selling leading up to that point.
Then confidence began breaking.
Mania is mania. Bubbles are bubbles. They are not rational, but they are real, not the result of one person or two. Not the result of one peak trade.
Large groups of people start thinking something can’t come down. For a moment in time, a lot of people thought it wouldn’t (at least “yet”).
How far mania goes is what peak price reveals. That price is still a measure of the whole market at that moment.
To add to this, this type of thing happens all the time in crypto.
A coin will release 1/1000000000th of it's eventual supply, have some trades at 10c and then claim the value of the entire supply as the headline value.
What’s the issue? If a market cap is three times an annual GDP, it means it would take three years of that economy’s entire production to purchase the company. It’s obviously a very fuzzy measure for various reasons, but it can give some idea of the market value of a company.
That makes no sense. House price/salary is used to compare payment periods or affordability. The context is important. Share value and GDP are totally different things and there is no direct relationship.
It is effective but wrong. It is the same as to compare a river flow to dam volume. There is a relation, but does not mean anything.
A better comparison is to compare somebody's net value to the total housing value of a city. For instance comparing Musk's net value to the total value of all the houses/apartments in New York. Or the the value of the gold in Fort Knox.
We're using Google Meet at work and the automatic transcription is completely useless for me, it's not even remotely close. Works quite well for my colleagues.
Truth is no one has as much data as Google and no one can build as good of a search engine as they can. Google results "suck" on purpose. They want you to google something multiple times so they can serve you more ads. But they are totally capable of building a good search engine
Kagi is proof of this. Kagi results are almost all the Google search API. It shows that Google is completely capable of building a better search engine if they wanted to
Remote: Yes, but EU only due to Apple restrictions.
I'm looking for an iOS developer to help me develop the iOS app to my existing android app. It's going to be a default dialer app and development of those can only happen on devices registered in the EU, hence the restriction under remote. I've got a start but I don't have the time to fix both android and backend and iOS.
If you have a friend who is encountering the performance problems enable profiling report export and ask them to send that over to you. Hopefully that'll show you what is taking so many cycles.
It's an interesting legal question what will be decided for this case, but it's also satisfying that the underlying bug can be fixed. That seems quite different from a traditional fraud, which can be done over and over again, and needs to be prosecuted every time.
1) TrickTrapper.
Backwards compatible verified phone calls. Android version is in testing with friends.
2) Katalib.
We have about 1600 books or so at home, there's no chance I'm going to scan ISBN codes of all of these. I've tried four times and got way too bored after the first 100-200. The solution? Take a photo of the bookshelf, send to Claude for text parsing and series information. Then some UI etc around that.
It's working, I just need to start testing it myself and a few friends have also asked for access.
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