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eneyi
63 posts

eneyi
@eneyiikwu
Data Science, ML, AI and everything in between. 🇬🇧🇨🇦🇳🇬. Small Language Models
United Kingdom Katılım Aralık 2022
165 Takip Edilen7 Takipçiler

@FZaslavskiy @SpencerHakimian Exactly!!! The problem has always been "the cost of labor". a global minimum wage fixes the problem
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@SpencerHakimian Maybe what needs rebalance is not trade but global purchasing power of workers. Why should US workers earn 20 times more than workers in Bangladesh?
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@jurgen_nauditt They are just manipulating the market to buy cheap stocks. Everything else is noise
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Trump is now completely freaking out.
Trump demands Europe pay US reparations
"We are imposing high tariffs on Europe. They are sitting down at the negotiating table. They want to talk, but there will be no talks unless they pay us a lot of money every year, especially for the present, but also for the past," he explained.

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I own a small dessert business. My business has a 100% trade deficit with the grocery store. I’m always buying from them, and they’ve never once bought anything from me.
Now, of course, I take products I buy from the grocery store, turn them into delicious baked goods, and make a 50%+ profit, while the grocery store is running on 2-4% profit margins, but WE HAVE A TRADE DEFICIT! They’re ripping me off with their low, low prices, because they NEVER buy anything from me!
Of course, the alternative is for me to grow, harvest, thrash, grind, then finely mill all of my own flour, including into the various mixes of flour that I use for various products (cake flour, bread flour, all-purpose, etc…), maintain and milk a dairy cow, churn my own butter, make that milk into heavy cream, yogurt, sour cream, condensed milk, and evaporated milk, etc…grow cacao, and then turn into all the different kinds of chocolate and baking cocoa… grow and harvest sugar cane, sorghum, mine salt, make baking powder, baking soda, grow vanilla beans, etc, etc, etc…
All of that (plus WAY more), and we haven’t even talked about all the different fruits and nuts I would need, or how I would only be able to offer certain products during certain times of the year, or how a lot of what I said before wouldn’t even be possible in the climate I live in, but I digress.
If all of that wasn’t cost-prohibitive enough to completely wipe out my profits (it would be, and then some), the time commitment and significant additional physical labor certainly wouldn’t make any of it worth the tiny remaining profit.
Now, compare that to the current screeching about the trade deficits we have with other countries. We import raw materials (aluminum, steel, lumber, etc…) from other countries, which would be labor and/or cost prohibitive for us to make, or that we simply cannot produce or source here, and then we take those materials, and turn them into higher profit margin products, which we then export to other countries. It is exactly the same as my example, but on a macro scale.
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@MichaelBal70420 @Dumfukdetector Do you know what $2 an hour is to a Vietnamese? Get out of your bubble
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@Dumfukdetector Yeah. Vietnam pays their workers about $2 an hour.
One of the problems that we're going to have is that a lot of the Southwest Asia and far East countries do not consider manufacturing to be a " living wage" job. They can consider those to be subsistence level positions.
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@FinPlanKaluAja1 The Consumers are in Europe. Europe needs to dump the dollar as it's trading currency.
Switch to Euros. Then get together with China and agree to fix their prices in America (They don't compete in the US).
The US consumer will bear the cost of the Tariffs. Problem solved.
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“The EU has offered the United States a “zero-for-zero” tariff scheme, European Commission President Ursula von der Leyen said Monday, seeking to avoid a tit-for-tat trade war.
“We have offered zero-for-zero tariffs for industrial goods as we have successfully done with many other trading partners. Because Europe is always ready for a good deal. So we keep it on the table,” she told a press conference alongside Norwegian Prime Minister Jonas Gahr Støre.”

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@FinPlanKaluAja1 Those countries have an unlimited supply of cheap skilled Labor.
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“China has prohibitive tariffs, so does Vietnam, so does Mexico, so does Europe.
So do a lot of countries. So does India.
But if tariffs are so destructive of their economies, why is China booming?
How did India become an economic powerhouse when it has these exorbitant tariffs on American imports?
How did Vietnam, of all places, become such a different country even though it has these prohibitive tariffs?
Why isn’t Germany, before its energy problems, why wasn’t it a wreck? It’s got tariffs on almost everything that we send them. How is the EU even functioning with these tariffs?
I thought tariffs destroyed an economy, but they seem to like them. And they’re angry that they’re no longer asymmetrical.
Apparently, people who are tariffing us think tariffs improve their economy. Maybe they’re right. I don’t know.”
Victor David Hanson
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@HouseofDragon I don't want to deal with this just yet. Still in denial. What did I just watch???
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Video generation models do not understand basic physics.
Let alone the human body.
🌟Cheshire Cat ᓚᘏᗢ,@autismsupsoc
CW: Body Horror? This AI video attempt to show gymnastics is one of the best examples I have seen that AI doesn’t actually understand the human body and it’s motion but is just regurgitating available data. (Which appears to be minimal for gymnastics) twitter.com/Przemek8739456…
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From @Google's #GeminiEducation to @Microsoft's and @khanacademy 's #khanmigo, Educators say AI in the classroom is a good thing.
businessinsider.com/ai-in-the-clas…
#ai #generative #artificialintelligence
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Does Generative AI really impact productivity?
mit-genai.pubpub.org/pub/v5iixksv/r…
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There is no question that AI will eventually reach and surpass human intelligence in all domains.
But it won't happen next year.
And it won't happen with the kind of Auto-Regressive LLMs currently in fashion (although they may constitute a component of it).
thenextweb.com/news/meta-yann…
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