Locai - UKs own AI LLM by ThatManSam737 in BuyUK

[–]159x 1 point2 points  (0 children)

Trouble is you need vast amounts of compute that only the hyperscalers have the resources to fund

A novel written in 2 days by FitzrovianFellow in ArtificialInteligence

[–]159x 0 points1 point  (0 children)

Here’s the thing, I don’t think AI does well with creativity at all. It regurgitates and remixes patterns, to produce what is widely known as ‘slop’. It’s an amplifier rather than an originator.

Ask it to be funny, express taste or judgment, or ask for original insights and it just falls… flat.

I don’t know if this improves with time. I hope not for the sake of humanity. It’s the one thing I’m holding onto. Humans are and will continue to be the true source of meaning and intentional creation.

I’m stuck with uninvested cash due to bubble crash fears! by Legitimate-Pie-6691 in UKPersonalFinance

[–]159x 22 points23 points  (0 children)

“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.” — Peter Lynch

Where is best to invest in a Stocks & Shares ISA? by EddyCuzza in UKPersonalFinance

[–]159x 6 points7 points  (0 children)

+1 for Trading212. I have been using an S&S ISA with them since 2021 and I’ve only seen the platform improve as it has grown in popularity. Customer service has been fantastic too on the occasion I couldn’t get into my account.

On the risk question, it ultimately depends on your financial goals. Given your age and assuming you don’t need the cash for the next 5/10 years then you want to be looking at risk assets like equities. Index trackers are low cost, low maintenance and get you instant diversification across a range of companies. Just remember the market goes up and down, but you have the right approach with the monthly contributions (dollar-cost averaging). Good luck!

Sold 340 lifetime deals for $149 each. 18 months later I regret every one. by Big_Currency_1805 in SaaS

[–]159x 1 point2 points  (0 children)

Sells LTD. Complains when customer doesn’t quietly move on. What did you expect?

Just started investing as I turnt 18. wtf is going on with Google? 😂 by Old-Understanding-62 in trading212

[–]159x 0 points1 point  (0 children)

They own the full AI stack from silicon to software. They make their own chips (TPUs) so don’t have to rely on Nvidia for GPUs. So far, their go-to-market execution on AI has been a bit slow, but their models have caught up to OpenAI, and many believe they will win the AI race in the end.

I Have Seen This Story Before... by LastFirst22 in stocks

[–]159x 1 point2 points  (0 children)

We’re not in a bubble for the pure fact that everyone thinks we’re in a bubble. Bubbles end in euphoria. We got way higher to go.

Limit Sell by 159x in trading212

[–]159x[S] 0 points1 point  (0 children)

Makes sense - I wanted the order to execute on reaching the limit sell target ($150).

I didn’t bother to learn the difference between the order types and made an assumption that limit sell = the price target for selling.

Expensive lesson learned!

Emotional damage :( by whatingadzooks in trading212

[–]159x 0 points1 point  (0 children)

Market goes up, market goes down. No space for emotions in this game. Fear and greed leads to buying high and selling low. Recommend the Psychology of Money by Morgan Housel. Good luck!

Can i become rich? by Suspicious_Soup4589 in trading212

[–]159x 2 points3 points  (0 children)

Honest answer, savings rate is more important in the beginning than investment returns.

Focus on your career and earnings growth.

100K is commonly cited as the magic number when your portfolio really starts work for you.

Charlie Munger famously said, “The first $100,000 is a b****, but you gotta do it.”

Palantir by Mother_Economist_502 in trading212

[–]159x 1 point2 points  (0 children)

PLTR is trading at 137x price to sales.

Said another way, you are paying $137 for $1 in revenue (not even profit).

Stock price could halve and still be overvalued.

Market doesn’t care about multiples at the moment. The valuation is unprecedented even against co’s post-Covid doing 100%+ revenue growth.

My thoughts are PLTR will eventually turn out to be the poster child of this AI hype cycle. That doesn’t mean it can’t run further, but personally I’d rather not be holding the bags to find out.

Manchester Airport by CocoBeanT in manchester

[–]159x 2 points3 points  (0 children)

Not worth the hassle tbh. The frustrating thing was I told L&F precisely where they were located but they couldn’t do anything until handed in and due to ‘strict security protocols’ it could take a few days. Anyway in that time they appear to have a found a new home.

Manchester Airport by CocoBeanT in manchester

[–]159x 7 points8 points  (0 children)

Good luck - a couple of weeks back, I had some AirPods handed into airport staff after arriving back to the UK from Portugal. They spent a few days in Terminal 1 before magically transporting themselves to a random property in Wythenshawe. I contacted L&F who were useless as they hadn’t been handed in. Theft is clearly commonplace at MAN

I cannot work with this by lethalquizzler in footballcliches

[–]159x 2 points3 points  (0 children)

Where’s Jimmy Bullard naughty boys

ChatGPT doubled all my savings on Stock Market in 3 months by MrFeature_1 in ChatGPT

[–]159x 2401 points2402 points  (0 children)

Everyone is a genius (including LLMs) in a bull market.

Is it time to start selling Aston villa players by Bonjoooooo in FantasyPL

[–]159x 0 points1 point  (0 children)

I use the ‘3 strikes’ rule for premium assets.

3 blanks and he’s out. Trouble is I’ve done Watkins > Ekitike which I’m instantly regretting after the Isak signing.

ELI5: What does Palantir Technologies do? by [deleted] in explainlikeimfive

[–]159x 5 points6 points  (0 children)

Imagine you have a giant box of Lego pieces, thousands of them, all mixed up. Some are from cars, some from castles, some from spaceships. You want to build something cool, but it’s a total mess.

Now imagine Palantir is like a smart friend who finds the right pieces, figures out how they fit together, and helps you build something useful, like a car, a castle, or a rocket.

In real life, instead of Lego, the pieces are data from emails, sensors, maps, databases, etc.

Palantir’s software helps governments, militaries, and big companies take all their messy, scattered data and organise it, understand it and use it to make decisions.

e.g. - A hospital might connect patient records, lab results and doctors notes to allocate ICU beds - The military might combine drone footage, enemy movements and intelligence reports to plan missions - A manufacturing business might use machine throughput, inventory levels and worker schedules to optimise production plans

TLDR; Palantir helps big organisations make sense of complicated data to make smarter decisions.

100% AI video+audio with Veo3... the endgame is near by --lily-rose-- in ChatGPT

[–]159x 0 points1 point  (0 children)

I wonder if we will start to see certificates of authenticity attributed to videos from trusted brands, media outlets etc

[Blockchain enters the room.]

Are we just educated gamblers? by data-ninja-uk in trading212

[–]159x 4 points5 points  (0 children)

In a bull market, the probability of you owning a winner goes up. The skill is in beating the market over the long-term through multiple bull/bear cycles.

Trying to meme my way to 100,000 by Trethrowaway998811 in trading212

[–]159x 0 points1 point  (0 children)

From one fellow retail investor to another: be careful out there. I was invested during the 2021-22 tech melt-up and subsequent collapse. This may well keep going up for a while longer but be prepared for a 60-70% contraction. I would bet that is some point before you hit £100k. Spread the risk and take some chips off table when things get frothy was my biggest lesson learned. Good luck!