Thanks to Thiel

They are buying their time (6 months) before being included in the S&P500s, causing another inevitable surge in forced "demand".

It’ll be at least a year before they are eligible to join the S&P500. They also need to become profitable.

In the next 6 months another 45%-50% of Space X stock is unlocked, increasing the amount of shares on the market ~10 fold.

Although many will be long term believers who won’t sell. I can’t see how this couldn’t deflate the share price further

Nit: the phrase is “biding their time” FYI

I agree with your statement overall.

Or “buying time”

"Buying time" is an ordinary phrase in English but, it doesn't make a lot of sense here because there'd be some activity SpaceX is doing to "buy time". If you're just waiting that doesn't "buy time".

I think they just blended together in the posters mind

It is either going to Palantir or the Saaspocalypse - a bs. industry is finally facing its reckoning.

I don't know what you're talking about.

Everybody I know, who is working for Accenture, has a lot of expertise and had outstanding degrees (not only on paper) for a reason.

If we had enough resources I would prefer working with them everyday over the surrogate counseling by an AI.

My bet: as soon as AI companies aren't able to subsidize anymore, we will see a renaissance of IT consulting.

I had never heard anybody associating expertise with Accenture...

> as soon as AI companies aren't able to subsidize anymore, we will see a renaissance of IT consulting

I think the price that LLMs have to get to for companies to return to paying consulting rates is much higher than you think. Claude Code at $2000/month is roughly one day of a top consultant's rate. (And this omits the possibility of companies make it a capex by hosting open source models)

Appearance is part of the game.

Read "Bonuses" at the end of the article: https://medium.com/p/7a577eba4f3e

It's not "appearances". I know all the guys I meant since university.

All of them were top notch PhDs. Physics. CS. Some were excellent teachers even before graduation. Others were at the leading edge of ML even two decades ago.

In short: it's not a superficial impression as a customer. I know their pros and cons from studying to social life during and after graduation, early career, ...

So, my POV is personal experience. Your POV is gossip?

Your POV can be biased. I don't have an insider view, just what media investigates.

That was in the past. Now they would just prompt LLMs on your behalf for a fat fee. You might as well do it yourself and spend that fee on extra tokens.

my prediction, companies like accenture will go out of business in 24-48 months

Are there other cryptocurrencies that use quantum safe cryptography that aren't being affected by the downswing?

You could look at only two niche blockchains, QRL and ABEL, and they are both affected. Algorand is the most established L1 with a quite developed migration plan (https://algorand.co/technology/post-quantum) but also not really thriving. I think for Bitcoin in the longterm it is a massive risk psychologically, because what to do with all of the locked in value, that cannot be migrated. My guess is that the market panics and security breaks down, because it is not worth it anymore to run that many nodes. Best time to buy would be then and hope it recovers. It is actually a big chance to move just to another L1 which migrates. Those risks are all priced in.

or maybe they sont need an alternate criminal coin if you can now do fraud and crime in dollars with less transaction (bribe) cost.

Another idea is big players pulling out of the crypto market and putting it into the LLM market.

well I think you mean people with crypto rigs or whatever are too busy playing with LLMs.

Yeah, all it takes is a shift in the narrative to trigger capital reallocation.

Reference: https://www.youtube.com/watch?v=A-z7ZV87O64

Props for standing up for the truth

Yes, this seems unusually and suspiciously high. Given that Axa is an insurance and investment company, may have some conflict of interest.

Not useless if it pinpointed that most of the foundational research papers that initiated this trend were of dubious intellectual integrity- i.e. the source was compromised