priorsconfirmed.bsky.social

@priorsconfirmed.bsky.social

Permabull semicap account (until 8/4)

it seems likely to me that 1. frontier models will get even more expensive 2. even more people won’t need frontier models so typical costs will dive, medium term also, i think non-frontier models will become significantly less general, increasing switching costs

My read of the UK economy is so different to the Bank's. The evidence says rates should be 100bps lower. Its only past errors and the BoE's fear of second-round effects - not based on any actual data - that has them in a totally different place