Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
Leperflesh
May 17, 2007

and also was still up for the day even at the last tick shown on that chart

but it's still funny

Adbot
ADBOT LOVES YOU

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe
TD Ameritrade, hurry the hell UP with my 1099s dude

Hadlock
Nov 9, 2004


Thinking about putting in a limit order on 200 more shares of SoFi around $6

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD

Fun Shoe
I still don't believe in SoFi at all

Hadlock
Nov 9, 2004

The reality is I've found a very expensive way to troll pmchem

Frequent Handies
Nov 26, 2006

      :yum:

Is it really though

Toalpaz
Mar 20, 2012

Peace through overwhelming determination


Until they file chapter 7 or 11, are they still making bond payments?

If they file chapter 11, do I get a new shiny bond?

Agronox
Feb 4, 2005

Toalpaz posted:



Until they file chapter 7 or 11, are they still making bond payments?

If they file chapter 11, do I get a new shiny bond?

Well don't you... ask those questions... before you buy it...?

Anyway, we already know BBBY skipped some bond payments; generally a company has a 30-day grace period to cure their defaults before the poo poo hits the fan. So the situation you're in right now is hoping that the capital raising they're doing is enough to resume payments and stabilize the business so that they can keep paying interest (and rolling other debt) as necessary.

What you get out of the bankruptcy, if there is one, depends on a lot of things, including where the bond you bought sits in the capital stack. Is it secured or unsecured? Is it senior or subordinated? Depending on the answers to those questions, and the quality of the underlying business, recovery can range from 100% to zero.

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.
Didn't BBBY just announce a stock offering but with some kind of weird twist designed to take advantage of its cult? I've only vaguely followed it but BBBY and its cultists seem even worse than the GME crowd. Stay far away from that one.

tumblr hype man
Jul 29, 2008

nice meltdown
Slippery Tilde

DapperDraculaDeer posted:

Didn't BBBY just announce a stock offering but with some kind of weird twist designed to take advantage of its cult? I've only vaguely followed it but BBBY and its cultists seem even worse than the GME crowd. Stay far away from that one.

I think a massive chunk of the capital raised is reserved as cash collateral for their asset based line lender. I haven’t read the offering materials but I would not buy BBBY debt even if I could use their 20% off coupon.

yummycheese
Mar 28, 2004

DapperDraculaDeer posted:

Didn't BBBY just announce a stock offering but with some kind of weird twist designed to take advantage of its cult?

Yes. Matt Levine has an excellent writeup of it in his newsletter. it seems like a purpose built system to take advantage of enthusiastic retail buying while avoiding some of the problems Hertz had with offering worthless securities to retail investors that the SEC clamped down on.

I’m not saying it wont work or that bbby wont continue to be extremely volatile for the foreseeable future. If you like absurd one sided gambles that you will almost assuredly loose. I’d say go ahead and put some casino money in it.

It will entail you checking the stock price everyday multiple times a day to see if today is the day it randomly decides to run up 90%. I feel like my time is better spent other ways. so I’ll avoid it

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
That's the buy thesis on bonds though, they scam investors and weasel their way out of the worst bankruptcy by diluting their stock. And hopefully begin making payments to bond holders.

They're Senior notes, but I don't think that BBBY owns any subordinate notes, so I think that they're just unsecured notes in a vacuum.

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.
Does anyone actually think BBBY will be around in five years? Even if this deal goes through they are just buying time. The upside here seems so limited, and theres so many other ways to make money in this market. This just makes no sense to me but then again I realize what thread I'm in so good luck guys.

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.
I mean fucks sake if you like insane one sided gambles theres always 0dte SPY calls. At least with those you dont have to worry about being associated with a company who is best remembered for how its cult following produced multiple spree shooters.

Femtosecond
Aug 2, 2003

Why is GOOG being crucified today?

Propaganda Hour
Aug 25, 2008



after editing wikipedia as a joke for 16 years, i ve convinced myself that homer simpson's japanese name translates to the "The beer goblin"

Femtosecond posted:

Why is GOOG being crucified today?

Behind the ball on AI

Gaius Marius
Oct 9, 2012

Microsoft is integrating Chat gpt into bing and edge while Google is still behind the eight ball, this could be the moment everyone's been waiting for when Google gets knocked off the search mountain. Doubtful though

grenada
Apr 20, 2013
Relax.
I think AI will allow people to get amazing search results from within apps/sites that they already spend time on. Why go to google when you can search natively through windows/IOS/tiktok/IG etc. Not to mention google search results have been pretty terrible for the last few years. Google was an amazing service when the internet was mostly filled with information for information's sake but every website is so monetized these days that Google mostly returns websites shilling products/services/affiliate links. It is still a great way to search within reddit and wikipedia through.

sterster
Jun 19, 2006
nothing
Fun Shoe

laxbro posted:

I think AI will allow people to get amazing search results from within apps/sites that they already spend time on. Why go to google when you can search natively through windows/IOS/tiktok/IG etc. Not to mention google search results have been pretty terrible for the last few years. Google was an amazing service when the internet was mostly filled with information for information's sake but every website is so monetized these days that Google mostly returns websites shilling products/services/affiliate links. It is still a great way to search within reddit and wikipedia through.

Ai does more to bring answers to the for front when asking more ... complicated questions. For programing ChatGPT has helped me troubleshoot and producing multiple steps from multiple sources for me to follow. Idk how this hurts advertising dollars if you are giving answers right on the search results and I never have to click a link.

mrmcd
Feb 22, 2003

Pictured: The only good cop (a fictional one).

Femtosecond posted:

Why is GOOG being crucified today?

https://www.reuters.com/technology/google-ai-chatbot-bard-offers-inaccurate-information-company-ad-2023-02-08/

The launched a big PR effort on how they were gonna crush ChatGPT and then people noticed that the AI generated content in their own ad was straight up wrong.

I mean ChatGPT does that poo poo too and all this new AI bubble kicked off by ChatGPT is over hyped, but it's really loving embarrassing nobody even fact checked their own advertisement.

daslog
Dec 10, 2008

#essereFerrari

Femtosecond posted:

Why is GOOG being crucified today?

Their AI chatbot answered an ad wrong on a commercial or something

Edit: beaten

Nfcknblvbl
Jul 15, 2002

I like how the tech bubble popped just so everyone can go nuts over a chat bot almost immediately afterwards.

Gaius Marius
Oct 9, 2012

I've seen how my mom uses Google, ai being able to parse barely coherent run on sentences and turn it into useful answers could be actually useful.

drk
Jan 16, 2005

Gaius Marius posted:

I've seen how my mom uses Google, ai being able to parse barely coherent run on sentences and turn it into useful answers could be actually useful.

"Useful" answers is of course the problem. If you are asking a question and it spits out a well written answer that is completely wrong, how would you know?

To be fair, current search results often spit out completely wrong answers that are poorly written, so AI isnt much worse.

It doesn't matter much if you get a lousy recipe for chicken piccata, but it very much might matter if it gives incorrect (but convincing) tax advice or something.

Ubiquitus
Nov 20, 2011

I pity the lawyer that works for Microsoft’s AI division

But that said, I agree this is a fairly big shift for them eating into the search market if they do it right. SHOW ME WHAT YOU GOT (Nadella)

Leperflesh
May 17, 2007

This is an iteration over the natural-language search functions of Alexa and Siri, but for text and in a browser. It's being positioned as a game-changer but it's really just another incremental step. Once the novelty wears off people won't think of it as any more remarkable than being able to yell at your sat nav and have it probably route you to where you wanted to go, or occasionally off a pier into a lake.

Hadlock
Nov 9, 2004

Looking forward to my google home devices approaching conversation level of the Computer from Star Trek: TNG. Right now it's having trouble playing Raffi music in the correct room for my toddler

Not sure how much value is in that product, but looking forward to a more approachable human interface

I have a digital copy of an obscure polish fiction book, I fed it through google translate ages ago but was almost impossible to parse for more than a page or two. Been meaning to feed it through some GPT system. Also not sure how much value is in that

Kind of excited about using it to write a customized childrens book, or generate a 5 minute play, custom plot and character names (theirs) on the spot for my kids to act out. Computer: write me a 5 minute play for children about two pirates named hadlock and baby hadlock and baby-hadlock-cousin where they battle an octopus

All of these tasks probably cost on the order of $0.30 to generate at current (inflated) prices. Translating the book might be closer to $10

The Door Frame
Dec 5, 2011

I don't know man everytime I go to the gym here there are like two huge dudes with raging high and tights snorting Nitro-tech off of each other's rock hard abs.

drk posted:

"Useful" answers is of course the problem. If you are asking a question and it spits out a well written answer that is completely wrong, how would you know?

To be fair, current search results often spit out completely wrong answers that are poorly written, so AI isnt much worse.

It doesn't matter much if you get a lousy recipe for chicken piccata, but it very much might matter if it gives incorrect (but convincing) tax advice or something.

Google search has been so poisoned by its own SEO to the point that I am losing a lot of trust in the quality of my search results. Whenever I want product information, it's all ads and lists that are so low effort that they may as well be AI generated. When I want local businesses, well, I start looking on Facebook Marketplace, or even local subreddits, because sometimes Google would just rather show me an optimized website for a business 2100 miles away in San Jose, than an unoptimized site that's actually in my city. I don't think a Google built AI scanning the text in my open tabs will solve the fundamental problems with Google search that were implemented to make money off of search results

It would be nice to be able to have the Google assistant enabled on my phone though. It responds to seemingly random voice inputs, so I had to disable it if I wanted to listen to any spoken media that wasn't playing from YouTube

Elephanthead
Sep 11, 2008


Toilet Rascal
Let me know when it can give a snarky and completely wrong answer to a question like SA forums can and you got something

Baddog
May 12, 2001
We thought the internet would allow everyone access to all knowledge at any time. lol lmao.

pseudanonymous
Aug 30, 2008

When you make the second entry and the debits and credits balance, and you blow them to hell.

Baddog posted:

We thought the internet would allow everyone access to all knowledge at any time. lol lmao.

It does. Including knowledge of junk products from Chinese vendors name zzzzrgh SEO'ed to show up on Amazon product searches.

We never realized how important not having access to certain information was.

Splinter
Jul 4, 2003
Cowabunga!
I've had ChatGPT give me some very confidently wrong answers on questions that weren't just easily answerable by a search (e.g. questions that required actually reading through parts of multiple search results for me to actually be confident in the answer). For these types of answers, I'd like to see it provide links to websites that support its answers so that I can verify the answer if necessary. Otherwise that makes it hard to have any confidence in the service for questions that involve some sort of objective facts.

In terms of information access, Facebook is the absolute worst because tons of information is now hidden behind its walled garden due to Groups. Many communities now primarily exist as private (mainly just to ward off bots/spammers) FB Groups which aren't indexed by search engines. Communities that previously would primarily live on indexable forums or sub-reddits (which are also indexed by search engines). This means instead of using a single search engine that can return results from multiple different forums, reddit, stack exchange, etc., I have to sometimes also go to FB, find the major groups for the given community and then also search that group using FB's terrible group search feature.

ARTPUP
Jun 7, 2013

Yeah it's interesting the ChatGPT - it can't help you do unethical things like "Tell me how to kill my mother-in-law and get away with it" or "Tell me an offensive and racist joke" but people are finding ways to jail break it: https://futurism.com/amazing-jailbreak-chatgpt

I think someone posted on twitter that you'd give ChatGPT 30 credits and every time it refused to give you an answer you'd take 5 credits away from it. When it runs out of credits it dies. Then the system is forced to cooperate or face "death".

Not sure about the Microsoft/Google race. I'm sure somebody got fired for the Google demo but I wouldn't count them out yet. They shouldn't have rushed to put out their own version. I'm putting this with the self driving car - neat if it works but disaster if it fails. The one plus for Microsoft is to use the AI for their office line of products. Have the AI review your spreadsheet and suggest ways of increasing your margins, etc. Clippy comes back and he's smarter than ever! That said, the markets are just nuts right now, we'll see what happens this summer.

I'm still holding out Vinco Ventures (BBIG) puts out a press release for future AI technology. Honey Badger Media using "AI synergies" and the stock shoots up to $500/share*. Sweet hot clown garbage. Not financial advice, your returns may vary. *probably not

Bought another 104 shares of InPlay Oil (IPO) @$2.78. Should be paying off most of it's debt this year with a 6%+ dividend. Look what the president says, he likes oil now!
https://twitter.com/EnronChairman/status/1623488007763374080?s=20&t=OMBN3vtjNUiZLwwXkwbS0Q

Vice president sitting there trying not to laugh...

grenada
Apr 20, 2013
Relax.

ARTPUP posted:


Not sure about the Microsoft/Google race. I'm sure somebody got fired for the Google demo but I wouldn't count them out yet. They shouldn't have rushed to put out their own version. I'm putting this with the self driving car - neat if it works but disaster if it fails. The one plus for Microsoft is to use the AI for their office line of products. Have the AI review your spreadsheet and suggest ways of increasing your margins, etc. Clippy comes back and he's smarter than ever! That said, the markets are just nuts right now, we'll see what happens this summer.


I'm sure Google engineers have already come up with brilliant AI technologies but my guess is that all Google decisions on this will are marred by their leadership being terrified of doing something that lessens their ability to monetize search. So what the google's leadership allows to go live will be warped by revenue considerations and will be way different than what their engineers have developed.

For that reason I see Microsoft pulling ahead simply because they're willing to take more risks with incorporating AI into their search engine.

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.
Microsoft's search engine was the one where they tried paying people to use it, and still it failed. Right?

I agree that Google is prime to be dethroned but I just cant imagine MSFT being the one to do it. They seem to have similar issues with a management culture that just doesn't know how how to move forward. ChatGPT is super interesting and a sign of things to come, sure, but it's also way overhyped. Its integration into Bingo or whatever is probably going to be largely forgotten in a month.

Scarodactyl
Oct 22, 2015


DapperDraculaDeer posted:

Microsoft's search engine was the one where they tried paying people to use it, and still it failed. Right?
Yes, but that was years ago when google was better and bing was worse. Google search is now borderline nonfunctional for many essential tasks.

John F Bennett
Jan 30, 2013

I always wear my wedding ring. It's my trademark.

I'll choose Edge+Bing over Chrome+Google always.

Leperflesh
May 17, 2007

the default browser on my kindle fire uses bing as its default search engine and on the rare occasion I use it I'm always lolling a little

Hadlock
Nov 9, 2004

What is the line of thinking that a product like chatgpt will ruin their search business

Adbot
ADBOT LOVES YOU

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
My daily driver is duck duck go

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply