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Joined 3 years ago
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Cake day: June 14th, 2023

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  • The difference was that Amazon knew how to make a profit, but was reinvesting into infrastructure plays and bigger fish.

    If they had to, they could have been a modestly profitable bookshop in 2002. AWS and monster logistics might not have developed to put them in the 13-digit club though.

    Does any AI-centric play have that fundamental fallback? The services that seem to be most effective at direct monetization, the coding tools, are typically running at huge losses. If they raised costs to cover, precious few firms will pay basically the salary of a senior dev for an emulation of an enthusiastic junior dev with an affinity for footguns.

    The less enterprise-focused products-- parasocial toys, image and video gen, will likely try to dip into consumer subs and advertising, but can that generate the cash volumes these platforms demand?



  • Culver’s is… interesting.

    I find I don’t like the paper-thin style burgers much (though the fish sandwich is probably the best fast-food fish sandwich on the market) but it always gives the impression they’re trying a little harder. The restaurant always seems clean and a bit of effort was done on the appearance, like they’re still in 1978 and taking the family for a sit-down meal there might be an option.

    OTOH, the customer base seems to be people who have been going there since 1978, but that could be my location.

    They’re opening a new one 3km from my house, next to a McDonalds that hasn’t made a single order correctly since it opened in ~2015, so it will be interesting to see how the market shakes out.


  • I think the choice of automatic-only may be less conspiratorial and more streamlining the product to broad tastes.

    If only 10% of buyers choose the manual, it probably adds a fair amount of manufacturing and supply chain complexity to service them, which might drive up the cost for all models.

    It’s like how most US carmakers don’t offer many diesel models.

    Now, the ratchet of interior features… Plenty of people don’t want a huge monolith of an infotainment system with 14 speakers, but it’s standard and you can then be upsold the premium one with 25 speakers.