Because that was 1985, and this is now. Entire supply chains, input costs, planning, etc. have been built around the assumption of the JPY trading in some sort of range.
Of course that will change over time, if it hasn't already. The Japanese government's messaging about this has been that they're not really worried about the currency weakening (after all they're massive net exporters! it should be a good thing), but rather the speed at which it's happening.
Many don't though, and even if they all did, you can't hedge forever. Hedges are also rolling, so as some hedges expire the companies need to set up new hedges, which are at a worse FX rate. So the hedges lessen the impact but they aren't perfect, otherwise they would not be called 'hedges'.
Because you cherry-picked 1985. It went below 160:1 in 1986 and hasn't been back since, until now. So it's the weakest it's been in literally 40 years; that's at least potentially a big deal.
USD is falling vs euro so EURJPY is even more bleak. USD in general during those times was way stronger than it is today so those numbers are meaningless.
will be great fun if one M5 Ultra with 512GB memory at 1.2T bandwidth capable of doing 3x smallish local model inferencing each at Opus 4.5 level of intelligence.
The memory bandwidth and size seems to be there, but what is the tokens per sec on like a qwen model? And you can basically do 3x opus 4.5 on the $100 a month claude plan. Your payback will be near infinity years after electricity.
you are assuming the idea, the data, the code being touched by opus worths nothing.
how about measuring returns in the sense that I no longer need to share my flagship idea with some random 3rd party just because it hosts the LLM I am using?
> give the CCP a reason to invade. So it will only make things worse.
CCP is not threatening taiwan because it might go for independence. it is _ALL_ about kicking the US out of the west Pacific. because of that, it is never about what people in Taiwan believe/say/do.
It is only about the military balance of the west Pacific.
> And a lot of people are sympathetic with the Chinese, just not their government.
sympathetic of what?
20 years ago, you might be able to play the "CCP regime repressing the people in China" joke, you can't do it anymore especially in such topic of Taiwan. quality of life is significantly better in literally every aspect in China. Taipei in 2026 is getting more and more like a tier-3 Chinese city in 2016.
> it is _ALL_ about kicking the US out of the west Pacific
I think you are underestimating Chinese nationalism here quite dramatically!
Chinese views of sovereignty are quite independent of other concerns. Take for example their actions against Vietnam in the South China Sea, forcing Vietnam closer to the Philippines and even the US: https://digital-commons.usnwc.edu/cgi/viewcontent.cgi?articl...
> it is _ALL_ about kicking the US out of the west Pacific.
Hardly. It is all about Xi having declared that taking Taiwan by... I think it was 2049, but could be misremembering. Anyway, Xi made that a test of the legitimacy of the CCP, in some very public statements.
So, no, it's not about kicking the US out of the west Pacific. It's about Taiwan, and it's because if they don't, the CCP is illegitimate, by Xi's own word.
By 2023 Xi ordered the Chinese military to be ready to invade Taiwan by 2027.
But that doesn't mean they plan to invade Taiwan by then. One common reading of it is that it was a plan to build up the military to that state with a definite goal date (in the same way the "600 ship navy" plan had a goal date).
The point is that the goal is far enough into the future that the person making it can't be held accountable for failing to meet it.
If Xi had said "the CCP is illegitimate unless it takes Taiwan by 2025", he would be at real risk of being replaced in 2026. Anyone who opposed him (or just wanted power) would have a perfect reason to replace him.
When Xi makes a goal with a "deadline" he won't live to see, he takes no risk of personally failing to meet the goal. If his successor misses the deadline, he can say things changed, Xi failed to consider factors X,Y,Z, etc.
> If his successor misses the deadline, he can say things changed, Xi failed to consider factors X,Y,Z, etc.
That's not how the CCP operates though.
They are not a country where the puppets matter so much, like in most of the western countries. You would very very rarely see a leader being critical of their predecessor even if they are changing policies (which Xi Jinping definitely did). Because they are the same party and thus they are attacking themselves. The party is really more important than whoever happens to be at the top. The party is always right. Even when the party is wrong. Which it is not because it's always right.
No, if this promise disappears it will be silently. Never to be mentioned again, or else. It just never happened.
> And the whole concept of bringing everything down to a matter of wealth is so American.
They said "quality of life". Even if they had said wealth that correlates with quality of life so that wouldn't be a very good gotcha by itself, but they didn't say that.
But calling Taipei a "Tier-3" city does refer to economic prowess, that's what I mean.
If you like to say what you think, then trust me, Taipei has much better quality of life. If you see people like Naomi Wu being arrested and gagged just for pointing out a vulnerability in software (which we all agree here is a good thing to do for everyone except the bad guys), that is terrible.
> I would be happy to see a change there towards freedom, democracy and human rights but that doesn't seem to be in the cards.
because you have a western centric view on freedom, democracy and human rights. it is certainly not your fault, you were brainwashed to believe it, you are the victim.
when the US elected moron like Trump twice, with the congress full of traitors openly putting a foreign country's (which we are not allowed to name) interest first, when the UK has been in managed decline for decade, when the EU is literally ruled by far left extremists, you want to promote the western freedom and democracy? LOL
Cool, writing both "you were brainwashed to believe it" and "when the EU is literally ruled by far left extremists" in the same post.
Let me address the 2nd point first: some US people are stupid and/or extreme right wing. Because only such a state of mind would explain why something in the center appears to them as "far left", or even "far left extremist". Perhaps it is because the bad US education system never introduced to them what left extremism actually is. E.g. the desire to seize all means of production out of private hands. That is: capital, farm land, companies. Or they would have heard about things like "dictatorship of the preletariat". If they now search for such ideology in EU countries, they wouldn't find anything. But hey, oftentimes they don't even start to search. Due to lack of knowledge and due to having already made up their worldview. No desire to check this worldview against actual facts.
And sure, things like freedom is culturally. As a european, I often see that US people declare their country as the epitome of freedom. And they never talk about e.g. their slavery past. They think that the US is most democratic country and little can they show how this alleged democracy loving country is doing to ban gerrymandering (a thing that in REAL democratic country doesn't exist!). And they think they are the best at human rights, but few people know that their own government solds drugs to get money to overturn southern american society. Or that the US killed far more people --- without verdict! --- abroad than even the awful 9/11 criminals.
But then again: some people can clearly see how e.g. the level of freedom, democracy and human rights vanished in Hong Kong after a real far left extremist regime took over there. And some people are so blind finding excuses for the actual far left extremist regime --- and blaming ones that entirely aren't of being exactly that.
didn't zai already do that with their coding plan? I mean they surely had to pay users to use claude models (paying the differences). they also funded some newapi token resale websites.
for over 1 billion real world users living in China, they don't have the option of paying $1.52 per task to use Opus 5, they are banned doing that due to US politics.
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