Hey now, sure, Microsoft Bob didn't get us ordinary users a "partner that helps you by making it easier", but it DID help MS Bob product owner Melinda French get a "partner that helps you by getting 10+ billion dollars" in the end, amiright?
<joking>
Maybe IBM is signalling it is likewise hoping for 10 billion dollars while also realizing the (AI) partner might not end up being that helpful either??
MS Bob was for adults… although there were kid dedicated areas, like the den, and I seem to remember packard bell navigator being a kid-friendly reskin.
Mollie B.V. is licensed and registered as an electronic money institution with the Dutch Central Bank (relationship number: F0038). Mollie UK Ltd is licensed and registered with the Financial Conduct Authority as a payment institution in the UK (FRN: 977968).
I think we're going to see a ton of this in the coming years. A return to the 60s/70s when people were going off the grid, moving to a farm, or just disconnecting
People have always done this, and always will. I don't think we'll see a lot more of it. I haven't met a lot of people who are actually happy living a very simple frugal life for very long. Maybe it will be a fad for a while, or people will do it as a sabbatical type of thing to recharge but really committing to it forever?
Then the younger generation who have never known life without AI will be entering the workforce (whatever that looks like in 10 years time), and it will just be normal.
I'm trying to figure out where the best place to do this sort of thing is, looking a few years ahead. Currently feels like the Finger Lakes region of upstate New York hits a good combination of available farmland, affordable prices, acceptable weather (I went to school near there), and so on. I love the West Coast but it's all too damn expensive.
The specifics of the article zero sense. Net Income and Operating Cash Flow are not the same thing so there is no mystery about whey they are different especially in a business with large Capex and long lead times.
NVIDIA's historic DSO figures have also ranged from 41 to 57 over the last 5 years, so again not that crazy.
> Net Income and Operating Cash Flow are not the same thing
This is the second article that gained a lot of traction on HN in the last few months with similar fundamental errors. The previous one was similarly written by someone with a dev background where they didn't understand the difference between gross margins, operating profit, and net income–concepts which were the basis for their analysis.
I wonder with this author or the previous, if they're just a little too confident in their abilities. Accounting and Finance are very deep and highly technical fields. Particularly for publicly traded companies where the businesses tend to be very complex and sophisticated and the consequences for making mistakes or committing fraud are severe. I'm not suggesting that non-finance people shouldn't try to analyze this stuff, but some humility might be in order.
It reminds me of a data scientist I worked with who was doing some modeling on companies' revenues. He believed he'd uncovered some secret, conspiratorial truth about Samsung having trillions in revenues, thereby making it the largest and most powerful entity on Earth. We had to gently inform him that he was looking at the revenues denominated in Korean Won and they needed to be converted to USD.
Don't get me wrong, I love SWEs, devs, DSs, etc. and I think they do tend to be much smarter than the average. But, in my experience, they also exhibit higher than average hubris.
Exactly the same. I loved Dharma Bums much more as a book, but On the Road certainly changed the course of my life. I'd always been made to wander, but never fully understood it.
Good point. Similar to how the share price of a company is meaningless, total capitalization is the only useful metric. Similarly, investors have gone to great expenses to commit their money into 19% of California's housing, greater expenses than any other state, even when considered on per-capita basis.
To understand the meaning of this, consider that supply/demand curves are naturally non-linear and even 5% increase in demand can double the prices.
https://en.wikipedia.org/wiki/Microsoft_Bob