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Joined 2 years ago
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Cake day: July 11th, 2023

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  • It’s not as much a “feel-good” story as comments who haven’t read beyond the headline might make you believe:

    The PIF values its total investments at nearly $1 trillion in assets, but a significant percentage of these are hard-to-sell assets with no public valuation; as a result, the NYT reports that the PIF reps have told international investors that it is “unable to allocate” for the near future.

    Despite this, a spokesperson for the PIF, Marwan Bakrali, told the newspaper that it had $60 billion in cash and “similar financial instruments”.

    ETA: Its not as though they’ve lost a significant chunk of the fund, but rather that a sizeable portion of it is tied up in illiquid assets that can’t be readily sold, or valued and loaned against.

    Though there is some mention of some of their investments being in “distress”, so there is at least some good news?





  • IP/trademarks/copyrights/etc.

    This is likely going to be the main reason for the takedown notices, Sony will be exercising their legal rights in order to defend their trademarks & copyrights on Concord assets.

    If a company doesn’t defend them vigorously, then any unlicensed works that are allowed to exist are then used as legal precedent moving forward to null/void such copyrights and trademarks.

    As an aside, Sony is a global corporation and can likely choose to write down these losses in the most preferred region to maximise the tax offset - so likely either the US, or Ireland.




  • The best way to think of them is as cousins; they are similar - but not exactly the same.

    They focus more on higher VRAM and CUDA cores compared to GPUs, while forgoing 3d acceleration capabilities.

    But they both come out of the same factories; so when the demand for AI cards is as high as it is now - and Nvidia can sell as many as it produces with a higher margin than GPUs, there is little incentive for them to produce more GPUs and sell them at a competitive price.

    So when the AI bubble bursts, demand for AI cards will crater - and there will be no financial incentive to mass produce them in such high quantities. This frees up production capacity at the TSMC factories, incentivising production of lower margin products like GPUs.

    Economics is largely a game of supply & demand; when supply outstrips demand, prices fall as sellers search for buyers. When demand outstrips supply prices go up as buyers search for sellers.



  • Assuming the AI bubble bursts before then, we might actually see somewhat reasonable pricing for next-gen consoles.

    A major reason why prices have remained so inflated for so long post-COVID is because data centres have been sucking up every bit of silicon that TSMC has been able to pump out for both Nvidia and AMD.

    But that would be honestly a very small upside, compared to what would likely be the Mother of All Stockmarket Crashes. The market cap of the Top 10 AI-related stocks is greater than the current US national debt, they aren’t in a position to be able to reasonably bail out those companies when it all eventually goes to shit, like they do in 2008.









  • We don’t even need to imagine, necessarily! The quality of games released towards the tail-end of its life cycle speaks volumes: Uncharted 2&3, The Last of Us, God of War 3, Metal Gear Solid 4 etc.

    I don’t think there was anything actually wrong with the architecture per se, but rather just the lack of proper documentation and tools set potential developers back significantly.

    It was definitely hubris on Sony’s part, thinking that they could do whatever they wanted given the prior success of both the PlayStation and PS2 consoles prior.

    Those PS3 launch stumbles definitely were a wake-up call, however I do believe that because it was largely the US/Western arm of SCEI that lead the ‘rescue’ - they ended up wrestling control away from the JP arm, ultimately causing the PS4/5 to end up so risk adverse and largely unremarkable as a result.


  • Literal dictionary definition of a BIOS:

    Note the part regarding enabling a computer to start the OS. But regardless, this point is largely moot as we are just arguing semantics.

    No the PS4 doesn’t run a PC-style AMI/Phoenix BIOS, but instead a secure chain of Boot ROM to bootloaders - however, so do Macs, which are PCs.

    Dumps of these console boot ROMs and loaders - at least in emulation circles - tend to be colloquially referred to as a BIOS, as it constitutes a System that handles Basic Input and Output.

    It even putting this one point aside, it runs an AMD-designed x86-64 APU, that was available to purchase for PCs (AM1 socket) albeit with a reduced power GPU.

    It runs GDDR5 unified memory like a modern iMac, or Steam Deck.

    It natively runs a UNIX-derived OS, again like an iMac, or Linux on the Steam Deck.

    Let’s just face facts, the PS4 & 5 are just iMacs in drag 😉