Meaning you need a court order to get access to personal transfer statements and the government already forced private institutions from reporting certain types of transactions to the central government.
It is not ideal, since this is not a constitutional right, just a law. But not that different from how it was before. However I believe the central bank can use anonamized data, which can be a good (analytics on where population spend money) or a bad (cracking down on certain types of business) thing.
Also it has come to a point that data going to private companies (like VISA/Mastercard) always ends up sold to private (and usually foreign) data-brokers to make profiles on you, at least the gov doesn't do that*. The main argument is that PIX is killing cash transactions, that is the _real_ loss here.
Like the political targeted ads backed by Russia during the whole Cambridge Analytica scandal, preventing foreign companies from analytics on your population is now a national security concern.
Funny annecdote: I have a friend who worked at iFood (brazilian food delivery company) and apparently they moved their entire AWS stack to us-east-1 because sa-east-1 did not have enough capacity to handle the load they had. This is why iFood has a very high latency* during user interactions.
It can't really, but public services don't necessarily need competition. In fact it can even make sense to run them at a loss.
And alternate payment methods are allowed, so if there was space for a private entity to offer a better/cheaper service they could. But it is hard to compete with a fully integrated (mostly) free service.
When I tell that I used to withdraw cash at the ATM in one bank, cross the street, deposit the CASH in another bank ATM people think I am crazy. But I was doing monthly that circa 2014, all to avoid paying ~3 USD transfer fee (what was called a DOC/TED).
In Brazil your employer kinda chooses which bank they use and you kinda have to open a bank account with them to get paid, but it is hardly worth it to move your credit card to another bank. This is why my salary came in one bank and my credit card bills came in another.
Sorry that you wasted time but - it was wasted time!
"Salary portability" is ensured in Brazil by the Banco Centra, at least since 2006. Employees can receive salary in any bank account they choose, even if their employer processes payroll through a different bank.
Definitely not, I remember some 4 years ago some random bug in a github-supported github-action and a comment in an issue saying: "I heard the team responsible for this action was laid off, don't expect a fix". This was shortly after the microsoft acquisition.
But the vibe coding BS probably made it 10 times worse.
They started with a hands off approach and then went hands on, I’m not sure but that ‘hands on’ timing is likely to happen shortly after the usual acquisition vesting period of 3 years when the old guard starts to leave.
Yes you are correct, ~4 years ago was when they had a lot of layoffs at microsoft and github. Initially after the acquisition it was mostly fine, but after the layoffs it was a noticeable degradation in service quality and reliability.
> But the vibe coding BS probably made it 10 times worse.
Yup, keep seeing this in various companies. Teams that were effective and did solid engineering now are more effective and does even better engineering. Teams that were effectively already just "boilerplate monkies" now produce a lot more code than before, but the quality is the same so effectively they're worse at contributing now than before, and take more shortcuts, not less.
From my point of view, agents are amplifiers, so if you usually build spaghetti projects, agents just help you do that faster, not avoid the spaghetti altogether. If you usually build well-designed stuff, they can help you put that together faster.
Microsoft is a major shareholder of OpenAI, they don't want their investment to go to 0. You don't just take a loss on a multiple-digit billion investment.
I think you’re right about this deal. But it’s kind of funny to think back and realize that Microsoft actually has just written off multi-billion-dollar deals, several times in fact.
FaceBook largely requires an Apple iPhone, Apple computer, "Microsoft" computer, "Google" phone, or a "Google" computer to use it. At any point one of those companies could cut FaceBook off (ex. [1]).
The Metaverse was a long term goal to get people onto a device (Occulus) that Meta controlled. While I think an AR device is much more useful than VR; I'm not convinced that it's a mistake for Meta to peruse not being beholden to other platforms.
I think this is sane washing their idea in the modern context of it having failed. I think at the time, they thought VR would be the next big thing and wanted to become the dominant player via first mover advantage.
The headsets don’t really make sense to me in the way you’re describing. Phones are omnipresent because it’s a thing you always just have on you. Headsets are large enough that it’s a conscious choice to bring it; they’re closer to a laptop than a phone.
Also, the web interface is like right there staring at them. Any device with a browser can access Facebook like that. Google/Apple/Microsoft can’t mess with that much without causing a huge scene and probably massive antitrust backlash.
I think headsets might work, but I think Meta trying to use their first mover advantage so hard so early backfired. Oculus, as a device, became less desirable after it required Facebook integration.
It's kind of like Microsoft with copilot - the idea about having an AI assistant that can help you use the computer is great. But it can't be from Microsoft because people don't trust them with that.
Interaction feels like the issue with headsets. You either need a fair bit of space for gesture controls, or you have to talk to yourself for voice control.
I think VR has more niche uses than the craze implied. It’s got some cool games, virtual screens for a desktop could be cool someday, but I don’t see a near future where they replace phones.
The risk/reward tradeoff of helmets is potentially dying, and we still had to make laws requiring people to wear them.
Glasses also have a pretty compelling reason to wear them.
I don't think VR has as compelling of a reason, at least so far. Even if it does, you need people to get far enough in to see that reason which is a hurdle when it involves a device they don't want to wear.
It’s premature to say that the idea failed; The flashy controversial “metaverse” angle where you can live your whole life on the Quest or whatever isn’t happening, but their investment into AR/VR has definitely started to show real payoff potential with their glasses.
They address the friction of use issue being discussed, they’re even more discrete and available than a phone. And they are getting a lot of general public recognition, albeit not for the best reasons (people discretely filming, for genuine social media reactions but also for other reasons..).
Their tech is improving at a decent pace and they’ve recently put out a product that is both ready for consumer (at least with select use cases) adoption, and actually reasonably available to the public.
I don’t mean that VR failed entirely, just that the metaverse as a concept is basically dead. VR will live on in the niches where it makes sense.
If you’re talking about the Meta Ray Ban glasses, I wouldn’t really call that a successor. There’s no AR or VR to them that I can tell; just glasses with speakers, a mic and a camera. It’s a neat product, but not a platform in the way VR was meant to be. They also have real competition. I do actually own a pair of the Bose headphone sunglasses, which are practically the same product without a camera (which I’m sure they could add if they wanted). Unless people suddenly care about the Meta AI integration, and again; Bose or someone else could add a phone companion app.
I was taking your comment to mean that the metaverse movement (as in the rebranding to Meta etc., rather than the specific concept itself) is dead, which apparently you did not mean so that’s on me.
They have two current Meta Ray Ban options, the “Gen 2” and the “Display”, the latter of which does have an AR component.
> the web interface is like right there staring at them.
True but the an app gives Facebook much more user data for targeting which dramatically increases revenue per ad. Persistent user data that's largely unconstrained by privacy safeguards is the holy grail. The mobile browsers are also controlled by Apple and Google, so despite the web being 'open', when one of them makes even minor changes to increase browser privacy defaults, it can have major impact on Facebook's revenue.
As someone who was there: nope. This isn't sanewashing.
Apple was directly (and IMO arguably illegally) shutting down Facebook teams and products by playing app store chicken on refusing to allow Facebook to publish updates on a week-to-week basis. Literally would throw down and refuse unless some features were blocked. It came to a head where Zuck literally called Tim Cook during a keynote to push it through.
They also literally had reverse-engineering teams cracking open the Facebook app on a regular basis, which we discovered because of some internal methods we figured out how to invoke with some clever indirection. There was a chicken-and-egg problem and they eventually developed facilities to automatically instrument private method invocations to comprehensively defeat clever static analysis circumvention workarounds.
Also, VR hasn't failed, but it's gone silent and coasted when investing in VR growth took the backseat to investing AI. They made a couple of bad bets in VR but a lot of good ones so it was warranted, but not exactly a failure.
> we discovered because of some internal methods we figured out how to invoke with some clever indirection.
Apple trying to block Facebook is different than Apple trying to prevent Facebook from violating App Store standards. There was a time where the Facebook app was practically malware with all the tricks it tried to pull to Hoover up data.
I don’t know in what world I would describe Metas VR as anything but a failure. There was a brief period where I knew a few people with Quests. Most used them for the novelty and dropped them, a few played games on them, and I don’t know anyone that still owns one. I’m deep in the gaming community and haven’t heard anyone mention a Quest in years. Steam VR is almost equally quiet other than occasional nostalgia.
Naming your company off a product that doesn't really exist yet and then ultimately fails is a pretty crazy and stupid thing to do. A bit cart before horse.
Oh, I know, but they could have named themselves anything. They believed in the metaverse, They thought it was the next big thing. The same way Zuckerburg thought voice assistants, and AI will be a thing.
> I'm not convinced that it's a mistake for Meta to peruse not being beholden to other platforms.
Devoid of other context, it’s hard to disagree. But your parent comment only asserted that the metaverse specifically as proposed by Facebook was an obviously stupid idea.
For the money spent(over $80b), they could have launched a phone or a car. Now their pivot is to smart glasses which require a phone so once again they are beholden to phone manufacturers.
Meta's vision was worse than that. They were trying to hype doing work meetings in VR. There's a case to be made that VR games and VR universes can be fun... But work meetings?
> There's a case to be made that VR games and VR universes can be fun... But work meetings?
If it's actual holograms like in Star Wars? Sure, why not. Get the visual and body language cues of the rest of the room but no one has to physically congregate at a location.
Because it's been a massively expensive failure. They can't just will their own platform into existence just because it would be good to have, consumers have a say and they've rejected it completely.
Good luck using an Oculus in your car or while waiting the bus.
If it was really their goal, they would have made an Android competitor. Maybe a fork like amazon did and sell phones that supported it.
Zuckerberg had one great idea (and then it wasn't really his idea) at the right time, since then he failed over and over at everything else. 'Internet for all', remember ?
I really wouldn't give them the benefit of the doubt.
> Bear in mind thats this 4-7% loss only counts dies that have just one broken CPU unit. There are many other failure modes as well. That just seems very very high.
Is it? I thought the average for lastest-architecture chips was around 5%.
From what I can see, one can expect about 80-90% yield per wafer, the bit that that doesn't make sense is that the "binned" narrative implies that of those broken parts of the wafer, 25-50% are usable with just one GPU disabled.
I would expect 80% of the failures would have only one core not pass QA.
I remember back in the day it wasn't that unusual for intel to sell quad core CPUs and dual core CPUs that exactly the same hardware-wise, but the dual-core ones didn't pass the QA to be sold as a quad-core.
In fact they sold many functional quad-core CPUs as dual-cores with 2 cores disabled and you could unlock the extra cores with some magic if you got lucky and got one that passed the quad-core QA.
https://pt.wikipedia.org/wiki/Sigilo_banc%C3%A1rio
Meaning you need a court order to get access to personal transfer statements and the government already forced private institutions from reporting certain types of transactions to the central government.
It is not ideal, since this is not a constitutional right, just a law. But not that different from how it was before. However I believe the central bank can use anonamized data, which can be a good (analytics on where population spend money) or a bad (cracking down on certain types of business) thing.
Also it has come to a point that data going to private companies (like VISA/Mastercard) always ends up sold to private (and usually foreign) data-brokers to make profiles on you, at least the gov doesn't do that*. The main argument is that PIX is killing cash transactions, that is the _real_ loss here.
Like the political targeted ads backed by Russia during the whole Cambridge Analytica scandal, preventing foreign companies from analytics on your population is now a national security concern.
https://en.wikipedia.org/wiki/Cambridge_Analytica
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