Not necessarily. WSB users are trying to make it big, which means betting on long shots. This could be penny stocks, companies on the verge of bankruptcy, or ones with more sentimental value than fundamentals.
Betting against these companies is obvious and expected, so the cost of shorting might be high enough that even if you’re correct (stock goes down, the opposition of what WSB said), paying the cost of the short (the fee to borrow the stock from someone else) is high enough that you still lose money.
Also:
1. shorting stocks can be quite dangerous. Your downside is, well, not infinite but it can easily wipe you out.
2. You might be correct that the stock goes down, but over what time frame? Again, you have to pay money to hold a short. Or you’re using a different financial instrument that has a specific timeline. If the market does move in your direction but too late, you still lose.
And if you look closely at the usernames, you see that the same engineer from link 2 that said "nah it’s just a bonus 2x, it’s not that deep" (just two week ago) is now saying "we're going to throttle you during peak hours" (as predicted).
Yes, it was FUD, but ended up being correct. With the track record that Anthropic has (e.g. months long denial of dumbed down models last year, just to later confirm it as a "bug"), this just continues to erode trust, and such predictions are the result of that.
Anthropic fixing that bug way faster than Apple fixing iOS keyboard "bug". Anthropic even acknowledged it, Apple gave us the silent treatment for years.
I'm not sure it's a rug pull when their stats show 7% and 2% subscription-level impacts. We're back in the ISP days, and they never said unlimited.
Now’s a good time to step away from this comment section. It seems to really be getting to you. It’s a satirical game, not representative of everyone’s (or anyone’s) full thoughts or feelings on the matter.
If they were using banned chips they wouldn't declare them in public papers. There have been multiple documented/alleged cases of chips being routed through Singaporean shell companies.
Why do you care how much effort it took the engineer to make it? If there was a huge amount of tedium that they used Claude Code for, then reviewed and cleaned up so that it’s indistinguishable from whatever you’d expect from a human; what’s it to you?
Not everyone has the same motivations. I’ve done open source for fun, I’ve done it to unblock something at work, I’ve done it to fix something that annoys me.
If your project is gaining useful functionality, that seems like a win.
Because sometimes programming is an art and we want people to do it as if it was something they cared about.
I play chess and this is a bit like that. Why do I play against humans? Because I want to face another person like me and see what strategies they can come up with.
Of course any chess bot is going to play better, but that's not the point
TIL that when I do anything that makes society label me as a "developer", I am not allowed to enjoy it, or feel about it in any way, as it's now a job, entirely neutral in nature, and I gotta do it, whether I hate or enjoy it - no attached emotions allowed.
> Why do you care how much effort it took the engineer to make it?
Because they're implicitly asking me to put in effort as a reviewer. Pretending that they put more effort in than they have is extremely rude, and intentionally or not, generating a large volume of code amounts to misleading your potential reviewers.
> If there was a huge amount of tedium that they used Claude Code for, then reviewed and cleaned up so that it’s indistinguishable from whatever you’d expect from a human; what’s it to you?
They never do though. These kind of imaginary good AI-based workflows are a "real communism has never been tried" thing.
> If your project is gaining useful functionality, that seems like a win.
Lines of code impose a maintenance cost, and that goes triple when the code quality is low (as is always the case for actually existing AI-generated code). The cost is probably higher than the benefit.
They could require government ID to sign up and an adult sponsor to certify accounts for kids. Plus a limit on how many accounts an adult can sponsor.
It would be a mess, but solve the problem. It’s not that we don’t have the technology, we just don’t want to because the friction would decimate user numbers and engagement; it would be much simpler to regulate (e.g. usage limits on minors); and minors are less monetizable, which would lead to lower CPM on ads.
Then there’s the legal liability if you know someone is a minor and they’re sending nudes, for example. And the privacy concerns of tying that back to de-anonymized individuals.
But obviously I wouldn’t believe that social media companies care about user privacy on behalf of people.
>They could require government ID to sign up and an adult sponsor to certify accounts for kids. Plus a limit on how many accounts an adult can sponsor.
Requiring all online account creation to go through some government vouching system sounds far worse for privacy than OS doing age verification.
I see no such claim that comment said that the parent verifies the child. That that means that the parent must be verified. I don't see that approach having any chance of succeeding. It would be a much more invasive process to both verify the parent and the relationship with the child.
The points:
1. No new law is required, FB could do this voluntarily.
2. Meta has a vested interest in a low-friction solution that maintains engagement.
> They could require government ID to sign up and an adult sponsor to certify accounts for kids.
Even if they used an open source zero knowledge proof, HN will still immediately dismiss it as an attempt to steal your data. The proposal here and the similar bill that passed in California doesn't require any validation that you enter you age correctly.
There is a field in a claims form that indicates what type of insurance it is.
One of these is CHAMPUS, which indicates that it is for a service member or their family. You can tell which.
As a basic case, accumulate these (as in the CHC breach of ~30% of Americans) and you have a nice map of where US military are. Since bases house particular units and types of forces, a nation state can estimate strength and investment in the US military.
In a specific case, the response to claims includes patient responsibility (deductible, co-insurance, co-pay.) Add that up for a financial picture, then you’ve got a nice lead list for service members who have money problems.
Betting against these companies is obvious and expected, so the cost of shorting might be high enough that even if you’re correct (stock goes down, the opposition of what WSB said), paying the cost of the short (the fee to borrow the stock from someone else) is high enough that you still lose money.
Also:
1. shorting stocks can be quite dangerous. Your downside is, well, not infinite but it can easily wipe you out.
2. You might be correct that the stock goes down, but over what time frame? Again, you have to pay money to hold a short. Or you’re using a different financial instrument that has a specific timeline. If the market does move in your direction but too late, you still lose.
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