Marvin Chang
@marvelously
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#fintech #REtech #mortgagetech #proptech #payments @CarnegieMellon @CornellMBA @CornellMosaic #runners, history nerd, husband, dad of 3 boys. Opinions: my own
Joined October 2008
BOLO for a hit and run driver in an Audi SUV with NY tag LEM-8132. Incident occurred at the corner of Stewart and University in Ithaca NY at 10:30pm on 10/23.
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Counting the days until Elon crashes his Cybertruck into the HUD lobby.
housingwire.com
In his first official action as acting director of the CFPB, Treasury Secretary Scott Bessent ordered staffers to stop working.
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This is the story of technology... the best pirates become the navy, then run the risk of ambush by the next wave of pirates. #deeplearning #generativeAI #LLMs #deepseek #AI #artificialintelligence
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For the former, this bit of news has not altered the value of the company's full solution stack and even breath further life into its prior generation, likely fully capitalized, products. For the latter, driving down the costs of training will increase the demand for inference.
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Yet, far from diminishing demand, Linux has been a fundamental catalyst for the pervasive compute cloud of the present. I fully expect the purveyors of compute NVIDIA and Arm to continue to grow.
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I was in the Solaris OS unit at Sun during the initial bloom of Linux. Despite the concerns of us junior members of the team, management found creating a coherent counter-narrative to free (OS) on cheap (hardware) a "bridge too far," and the company became evolutionary roadkill
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If Deepseek proves factual, pain will be felt in some corners, notably incumbents long on legacy methods and others who fell into the fallacy of linear thinking in an exponential world. For others, I predict an acceleration of use as #genAI is further democratized.
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As the market goes into conniptions on news from #DeepSeek AI, it's time to ponder the tech corollary to Parkinson's Law of "work expands so as to fill the time available for its completion," where "processing requirements expand as to fill the bandwidth available."
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When a college friend won time on the Cray X-MP at the Pittsburgh Supercomputing Center, his first thought was to see if he could extract acceptable performance from an arcade game written in interpreted code on what was then the world's fastest computer. https://t.co/mqh3veOjqn
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Maybe AI orthodoxy has had us working with primates… #DeepSeek #ArtificialIntelligence #AI #LLMs #generativeAI
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We conduct initial life sciences research on yeast or drososophila, simple analogs of higher life forms, because their short life spans mean that experimental cycle times are short, and frankly they are expendable. Just imagine if we started all experimentation with monkeys.
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What if that’s an advantage in lowering the entry points? Once in, the successful participants get to move up the learning curve quickly because of the relative simplicity. In the US, the entry point is so lofty that these diamonds in the rough would never get into the game.
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Here’s a thought… The Chinese capital markets are less developed, efficient than in the US. My first response to many quant algorithms from there that I come across is, “there’s no way they would work here.” https://t.co/x0Jvmqd3eW
venturebeat.com
DeepSeek-R1’s Monday release has sent shockwaves through the AI community, disrupting assumptions about what’s required to achieve cutting-edge AI performance. This story focuses on exactly how...
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Unless we can keep more of these graduates “near shore" and encourage more domestic candidates, we run the risk of seeing more disruption of the #DeepSeek variety.
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With all the talk of reshoring, I’d like to offer up another category - engineering graduate-degree holders. Over 70% of current grad students in fields like electrical/computer engineering, computer science are international.
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Wow, this hasn't not aged well… Good time to recall that the tech moguls’ treasures were built, not on armies of H1Bs, but by leveraging the true American Exceptionalism of the three-legged stool of academia, industry and government, two wobbly right now.
wsj.com
Trump has assembled a potentially powerful coalition of tech moguls and populists.
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In the time since we started watching Arrested Development, the saga has meandered from Fox to Netflix. Now twenty-one, achieving adulthood, it's ready to settle down for good, apparently in its the parent's bedroom. https://t.co/rlxYOEQ599 via @WSJ
wsj.com
As American 30-somethings increasingly bypass the traditional milestones of adulthood, economists are warning that what seemed like a lag may in fact be a permanent state of arrested development.
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Is the west assuming the role of Luddite in the next era of technology? https://t.co/ZUc8nxH6mW
#axiosai
axios.com
New data from 17 countries shows workers in Asia are embracing generative AI tools for productivity to far greater degrees than Western workers — with Americans among the least positive about AI's...
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NEW: we don’t reflect enough on how severe the housing crisis is, and how it has completely broken the promise society made to young adults. The situation is especially severe in the UK, where the last time house prices were this unaffordable was in ... 1876.
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"Big-name managers such as Citadel Millennium outpaced rivals in the world’s hottest hedge fund strategy last year, illustrating how an arms race for #talent and #technology is taking a toll on smaller players in the sector." #fintech #investmentmanagement
ft.com
Big-name managers post double-digit returns as costs of talent war weigh on some smaller players
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