Nit pick, this is a 256TB SSD, so you’d need four to make a PB of raw space, and probably more than that to allow for RAID and effective space. PBSSD is their name for tech to enable PB scale arrays of such SSDs.

It’s what happens when people treat money as an investment and don’t spend it. Money that’s useful as money would be a bad investment.

If they’re invested in businesses, the capital gets recirculated in the economy and becomes someone else’s income.

What you describe would be worse without inflation. The rich would still have most of the capital, but they also wouldn’t bother investing it either, which at least recirculates the money and becomes income for others.

Better yet, look at crypto, where people believe inflation is all about monetary supply and restrict it on purpose. The result? Wild volitity, huge crashes, and low velocity of money because everyone hoards it instead of spending.

Income-generating assets are doing something to generate that income, which is presumed to have some beneficial effect on the economy more than cash sitting under your mattress does.

Increase in the money supply does not in itself cause prices to go up. There’s an indirect mechanicism but it’s not automatic.

*Product Manager. They meet with customers, analyze the competitive landscape, set the feature development roadmap, and define requirements for engineering teams. The “I’m a people person!” guy in Office Space.

I mean the similarity is not a coincidence. Gaming chairs are modeled after racing seats which are five point harnesses designed to keep the occupant safe in a car crash… exactly like toddler car seats.

I can see a use for actual racing seats in racing games to enhance the immersion. The faux racing gaming chairs took off because some chair company sponsored streamers. Streamers like them because they’re something to look at on stream rather than a bland office chair. For everyone else a bland office chair is way better.

One of the sanctions the SEC seeks for repeat offenders is a ban on serving as an officer of any public company.

I think it makes a lot of sense as a series of emotional reactions, mostly from spez. He won’t back down and no one can make him.

They don’t want to serve ads through the API because ad buyers care about exactly how the ads will be presented. The apps would have to work very closely with Reddit to ensure consistent ad presentation, which is more work for them so they don’t want to do it.

The API price was plucked out of thin air, presumably based on what they believed OpenAI/Microsoft/Google would be willing to pay. Third party apps were acceptable collateral damage.