Are you buying now because you anticipate higher prices?

[Salt]

Well, true: there is a real life for humans like you and me, and there is one on the other (digital, investment, whatother?) side .

 

[Salt]

There are a myriad of very useful applications. The big question is how much are customers willing to pay for those.

Our company provides a very cool AI tool that makes the configuration and operation of very complex products much easier. Works really well, saves a lot of time. But basically customers just go "I am not paying for this, but thanks for providing it for free for now - not my fault your stuff is very complex and very expensive, you kinda owe us this stuff.".

It's not your own AI , or not? If so don't complain, then the work was done elsewhere.

 

[pablolie]

It's not your own AI , or not? If so don't complain, then the work was done elsewhere.

It was and remains fully developed/trained in-house. It is our own agentic AI tool. The hardware to power it is part ours, but also inevitably Nvidia and hosted on two hyperscale cloud providers. Nope the work was not done anywhere else.

 

[Somafunk]

Nobody needs Apple, not in the same way that we need Google, Amazon, and even Microsoft. Try to live a week without using any services from the last 3. Even if you don't buy anything from Amazon, or own any Alexa products, it is likely that some website you use will be on Amazon or Microsoft web services. Now try to live without Apple. It's quite easy to do, I have been boycotting Apple for 20 years.

Nah, you can stick android/windows/microsoft/alexa up yer arse

Been apple for everything since 1999/2000 and get the “icks” when I come within 10ft of a windows pc or android phone.

Never had one single fault/blue screen of death scenarios on any of my Apple stuff, from my 2000 iMac G3 through to my MacBooks I used for DJ’ing in sweaty clubs/festivals to current 2020 iMac 27” 3.3Ghz 64GB Ram 1TB HD, perhaps I’ve been exceptionally fortunate but I’ve never had issue with any of my Apple purchases.

However when I buy my next refurbished iPhone 15/16 in a couple months to replace my iPhone XS I have no intention/interest/need for any AI bollox so it’ll be switched off, never used it.

 

[Salt]

It was and remains fully developed/trained in-house. It is our own agentic AI tool. The hardware to power it is part ours, but also inevitably Nvidia and hosted on two hyperscale cloud providers. Nope the work was not done anywhere else.

Ok, so you have the right to complain

 

[amper42]

The Institute for Supply Management (ISM) said on Friday that its manufacturing PMI dropped to 48.0 last month from 49.0 in June. A PMI reading below 50 indicates contraction in manufacturing, which accounts for 10.2% of the economy.

Looks like recession in USA manufacturing. U.S. manufacturing contracted for a fifth straight month in July and factory employment dropped to the lowest level in five years amid tariffs that have raised prices of imported raw materials.

Latest US GDP definitely not telling the US economy story...

 

[Noske]

No one has disputed imports have economic impact. But GDP just concerns itself with gross domestic output, and imports are subtracted in the formula, so they don't count towards GDP. They impact it for sure. You are confusing definition with math calculation.

[And the punch missed the target by a mile, so no pain, thanks.]

Uh huh.

 

[amper42]

How will firing the head of the Bureau of Labor Statistics because a bad economic report comes out impact future reporting? If the agency becomes subject to political pressure, future reports or other key economic indicators could lose credibility. A loss of trust could take years to restore. This seems a little crazy. When the USA suffers a bad economic report, we fire the messenger? How does that correct the issue?

Ostrich with Head in Sand...

 

[Keith_W]

How will firing the head of the Bureau of Labor Statistics because a bad economic report comes out impact future reporting?

Don't go there. You don't want this thread shut down and another exodus from ASR, do you?

 

[Somafunk]

loss of trust could take years to restore.

You STILL have trust ?

 

[Salt]

How will firing the head of the Bureau of Labor Statistics because a bad economic report comes out impact future reporting? If the agency becomes subject to political pressure, future reports or other key economic indicators could lose credibility. A loss of trust could take years to restore. This seems a little crazy. When the USA suffers a bad economic report, we fire the messenger? How does that correct the issue?

Ostrich with Head in Sand...

Of course you're right but these (and this) thoughts will have to be deleted due to political correctness....

 

[Salt]

Don't go there. You don't want this thread shut down and another exodus from ASR, do you?

It won't mean exodus, only 'political correctness ' ... at least.
Where has all this come to ....

 

[xanalog]

WSJ reports today that the "Superrich Bulk Buying: Rolexes, $650 T-Shirts" against the backdrop of super-size looming EU tariffs.

One glamor-gal takes comfort in stating "If I'm carrying three teddy-coats [@$5K/ea.] on an airplane, that would take up one gigantic duffle bag.
[Oh, poor darling! If you were superrich, you'd have a butler along w/a B747!]

 

[pablolie]

It won't mean exodus, only 'political correctness ' ... at least.
Where has all this come to ....

I wonder if historically there were any governments where blind obedience was the greatest virtue... or personal honor was purely based on loyalty.

 

[respice finem]

a German saying: Nothing gets eaten as hot as it is cooked.
Hopefully.

 

[amper42]

I wonder if historically there were any governments where blind obedience was the greatest virtue... or personal honor was purely based on loyalty.

None that lasted.

 

[RickS]

Hi folks,

On a very positive note, am pleased I have not had to comment here for quite a while…

However, did get a recent report and looks like it is time for a reminder to stay focused on how pricing is changing rather than on political commentary. Is getting a little late so will keep the thread open but expect will do some pruning tomorrow.

Thanks for your support!