Google’s Quantum Breakthrough & The World Cup Goes to Saudi Arabia | Prof G Markets

[@cire9984]

Ed, I appreciate that you tried to figure out how something quite complex works that's obviously not in your wheel house, but that must've been one of the worst explanations of quantum computing I've ever heard. No offense. No, quantum computers don't "calculate the probability" of the coin landing heads or tails and neither does their "computing power" increase exponentially per q-bit. Staying with your coin metaphor, let's say you want the coin to land heads up. Classical computing would be throwing the coin until it lands heads up. Quantum computing would be throwing the coin and manipulating it while it's in the air so that it has a higher chance to land heads up. This doesn't seem particularly useful with just one coin, but if you have 10 coins that need to land in a certain way then the classical computer will need to do a lot of throwing (2^10 times on average) until they all line up correctly, while the quantum computer just needs to manipulate each coin once while it's "in the air". With hundreds or thousands of coins it'd be basically impossible with a classical computer to get them all to line up and quite feasible with a quantum computer. So rather than exponential computing power, it can compute *certain problems* in linear time that a classical computer would need exponential time for. Quantum computers will never replace classical computers, that's not their purpose.

[@dusty-gray]

Damn these bot replies are getting hella good! ❤

[@gibber1sh-c6w]

Thank you

[@slamslidestyle]

Hahahaha tell him.

[@itspossible2015]

Also, the quip on how "classical encryption" works is laughable. And that he finds it "more interesting" than transforming humanity via healthcare applications of QC...

[@kirknjackson]

Key item in bold “certain problems”. Some of these problems do have very useful and consequential applications

[@johnkelley1426]

Delighted you two spend time overseas. I was stationed overseas over half my military career. Those experiences give one invaluable insight into the workings (and yes, largely juvenile duff-uses) in the US who live lives of extended adolescence. Made my mistakes, have my faults, but made damn sure my 3 18yo kids could walk & chew gum (cook, laundry, study, iron, read, vote, drive, & be functioning adults). Sometimes they detested me in the moment. Now they have teens-suddenly they love me (well mostly).

[@indigoclover1436]

If Kroger and Albertson merged, we would lose 5/6 grocery stores in our area with all 6 available are Alberson and Kroger already. We would have lost big in our community. We only have 1 Walmart 15 miles away.

[@jannichi6431]

Thanks, knew Lina SEC wasn't just about shareholders. She and her colleagues will be missed at SEC.

[@Mary-Mar]

I agree with you! I think sometimes Scott doesn't realize there are different kinds of retail communities all over the country. Like you said, the city where live also doesn't have a Walmart. The majority of our grocery stores are owned by Albertsons or Kroger. Besides their stores, there are over-priced specialty markets where the cost to shop there regularly is out of most people's budgets, and, wait for it, Amazon's Whole Foods Markets. The problem is Amazon buying Wholefoods it what created this environment. The FTC should have never let that happen in the first place.

[@denversupermarket7484]

Bitcoin can be cracked by quantum computers, but there are “post-quantum encryption algorithms” that aren’t susceptible. We just don’t really use them because they are more computationally expensive, and it doesn’t matter yet. We’ll probably see folks start switching over (starting with gov if they haven’t already).

[@shriphani]

Quantum computers don't break bitcoin's proof of work - pre-image resistance of hash functions (which proof of work is based on) is not impacted that much by quantum computers (to be more technical, the security of SHA-256 goes from 256 bits to 128 bits with a quantum computer - which is still extremely good). Traditional online banking however relies on an algorithm called ECDH (elliptic curve diffie hellman) - this is totally broken with a quantum computer.

[@dusty-gray]

Dood. If they can’t figure this out for themselves then you’re not going to convince them (Satoshi said what?) Just laugh at the crass boomer-humor and accept that Scott is too ideological to be truly intellectually curious

[@parkmannate4154]

ECDH is the security on basically everything on the internet right now tbh

[@michaelcoates9943]

GLP1 for four months (June-October), off it now. Lost 50# (231-181). Current weight range 183-185 and holding as I built good habits. Happy with results .. definitely a case study / best case scenario. To your points: I willingly reduced afternoon / evening cocktails, from 3 x day to 3 x month plus a daily Bailey's & Coffee. I do not feel guilty when I want a cocktail, I just find myself enjoying them when it is more occasion-based, versus habit- or time-based. My weekly cocktail is now more of an event (not a reward), aligned with a time that makes sense, like a night out, or a destination.

[@_rmw]

Which drug? Zepbound or Wegovy?

[@michaelcoates9943]

@@_rmw Wegovy. 0.25 x 4, 0.5 x 4, 1.00 x 4, then tapered off over eight weeks. Expensive, but very happy with the results. YMMV.

[@michaelcoates9943]

@@_rmw wegovy, starting at 0.25 and ramped to 1.0 before tapering off.

[@breffnymadden3328]

Geez, you can tell Ed is the one doing the homework here. Take him to Riyadh!

[@ceregirl5852]

agree! That was unkind!

[@ttacking]

Unh uh. No Riyad for Ed!! You don't mix babysitting with getting trash'd and tearing up the whole scene .... It wouldn't be right to do that to Ed ?¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯

[@todddreiling6595]

If you are concerned with Quantum Computers cracking bitcoin security, shouldn't we be concerned with it cracking traditional online banking?

[@chrism.1131]

You are 100% correct… That still does not prevent bitcoin from going to zero. Also, banks are FDIC insured.

[@todddreiling6595]

@@chrism.1131 Fair, but that's a single use case. At the point in time where Bitcoin is cracked, Visa, Mastercard, Amex, Amazon, Paypal would be cracked. So I guess Bitcoin wouldn't be the biggest issue here.

[@yanvincemutesa2897]

@@chrism.1131 the FDIC only insures your bank’s account up to 250K, the rest is worth forgetting about

[@aunmaspobre]

I love the podcast, Scott and Ed are super smart and I ve learned a lot hearing them. But their takes on btc are lazy at the least, because obviously the actual banking infraestructure as we know it will we wiped in a nanosecond, way before quantum even tries anything on the blockchain

[@MsElaine122]

I love the younger guy!!! He's really good and smart. Amazing guy.

[@Gotcho1977]

5:23 600 stores would close causing greater food deserts and limiting price choice. I don't buy my groceries through Amazon because my area doesn't have that ability.

[@jannichi6431]

Albertsons has already been run out of my town. SEC Lina wrong on this merger. Profit margins are what 2-3%?.

[@jannichi6431]

You don't get USPS service? Mail? If so you can order through Amazon and select a pick up point.

[@nickwest2888]

No price can be put on freedom -- no one will move to Saudi Arabia from a free society like the West Coast of the USA

[@brunskiyoski]

Money compromises everything

[@EKHiggs]

Loved what you all discussed on Soft Power as it relates to the olympic games and the world cup. The most pressing example I could think of that the Saudis could relate too are the 1992 games in Barcelona. The Games showed a renewed image of democratic Spain and projected Barcelona and the whole Spain to the world. Thanks to the Games, the city of Barcelona was completely transformed; it is thanks to the Olympics that the Barcelona of today is built.[6] All the venues are still active and the legacy of the 1992 Games was taken as an example for future Olympic events. The beautiful beaches you see now were filled with trash before the games. 20 years later every college kid in America that did a study abroad or a euro trip made sure to stop in Barcelona. I am sure that continues today

[@nishantkamat]

Scott switching the issue to abortion rights in the US when talking about women's rights in Saudi Arabia gave me a whataboutism whiplash. I hope it's just bonesaw self-preservation that's doing the talking here and not an honest opinion.

[@tarik_diamane]

The first time I heard about quantum computers potentially threatening Bitcoin's encryption was five or six years ago. At the time, there was a discussion among Bitcoin adopters, and the consensus was clear: while the threat is theoretically possible, it only becomes a real issue if the Bitcoin network fails to adapt. Solutions to counteract quantum computing threats already exist. These theoretical safeguards are well-known and can be implemented if the danger becomes imminent. Like in that earlier interview with Michael Saylor, the interviewers in this podcast once again failed to do their homework. They merely echoed a few mainstream media headlines, offering little more than surface-level commentary. It’s both frustrating and disappointing. On one hand, they have the capacity to truly understand Bitcoin, but on the other, they seem to deliberately avoid deeper analysis. Instead, they produce a podcast filled with shallow, throwaway knowledge, failing to hide their bias and inform the viewers correctly.

[@starchaser6024]

scott galloway when thinking about saudia arabia: 🤑🤑🤑

[@wolf9945]

Good

[@luckymanindeed]

It may indeed reduce grocery prices but what it exacerbates is the food deserts in the neighborhoods most negatively impacted by lack of choice, competition or any real alternative shopping options. More large grocery stores means small independent grocers cannot compete.

[@jim2376]

The stat I saw, and this was decades ago, is that 30% of beer drinkers drink 80% of the beer consumed.

[@sediavindivoh]

I was thinking it's probably around the 80/20 rule.

[@theanthonyrrmillsshow3876]

OK, but your accurate stat doesn't sound as impressive as their top of their heads made-up stats...LOL.

[@jim2376]

@theanthonyrrmillsshow3876 😆😆😆

[@TomandAmyinthePI]

Albertsons (Jewel brand in Chicago) and Kroger's (Mariano's in Chicago) are like 90% of the grocery stores in Chicago area so it would be a virtual monopoly.....FYI there are no Walmart's in the city of Chicago

[@autohelix]

He doesn't shop at grocery stores he has no clue what he is talking about.

[@jdhaenen1]

Kroger/Albertsons would have been a disaster for us Chicago city residents. We would have lost all significant competition.

[@Pekrul2488]

I'm surprised by Scott and Eds take for the Albertsons- Kroger ruling. Both of those stores are most certainly grocery stores and are in a different class than Walmart and Amazon. If this went through then pretty much any company could argue that mergers are required to compete with the everything stores. Additionally, it is only the middle upper class folks who can afford online grocery shopping. It is simply not sustainable pricewise for the vast majority of people. More Americans are switching to Aldi and lidl for groceries and neither have an online presence.

[@slamslidestyle]

The cope levels are incredible around Bitcoin. Fudding an asset bc you missed it VS embracing an asset bc you made money off it, is an interesting thought to explore. The difference between these two is Scott acknowledged it and asked “why would I be incredibly happy if Bitcoin failed?” bc he missed it and he’s aware of that. Arguably the largest missed opportunity of his life..I get it. Keep it up gentleman! 🖤⚡️

[@benjaminweaver3067]

Quality episode once again, but no “whoosh” effect when you return from ads? Unbelievable :)

[@jorgemonasterio8361]

Usually good, but Ed should stay away from analogies about how quantum computing works

[@gibber1sh-c6w]

Explain it to us simply

[@MrBillythefisherman]

It was a good layman's explanation. Im sure you would lose 99.999% of the audience with a more mathematically correct explanation.

[@pathologicaldoubt]

The supermarket / retailer discussion was really interesting

[@OMS62]

One of the most interesting videocasts that you guys have made, thanks!

[@dj50000]

Good episode. Appreciate Scott Galloway's glib sarcasm...its a fresh take from the ubiquitous yelling of ones point at the camera and not letting co-hosts/guests finish their sentences. Re Quantum computing, it will change the world we live in certainly...won't mix well with bad actors for the gen pop but, here we go. And the 2034 world cup and, the 'ad buyer'...let's see if the globe survives the next 10 years first...

[@armanke13]

First time I heard about Saudi hosting world cup.. it'll be on 2034 after 2030 North Africa and 2026 US Mexico Canada. I already forgot about 2022 Qatar World Cup tbh.

[@barettmac]

Very, very good episode. nuff said.

[@guru47pi]

Restore enforcement of the Robinson-patman act. This whole debate around grocery store regulation, where only the biggest can survive because they can negotiate with scale, means that eventually every market will be a monopoly. The bigger you get, the better you can negotiate with suppliers, the more competition dies, your margin increases, and your suppliers suffer, too. In the short term this brought down prices for a couple of decades, but now it only means everyone loses except Walmart. When the Robinson patman act existed, wholesale prices were consistent and transparent no matter how big your company is. It's no coincidence that local groceries all died and Walmart moved in across the country right after Reagan stopped enforcing it.

[@admirallightningbolt]

I’m sorry but when you went “Honey, would you be willing to move to Riyadh” I cracked up 😂 That just made the proposition so absurd, no woman is going to want to move to Saudi Arabia short of certainty of becoming a multimillionaire

[@kirknjackson]

It would be good in a follow-up show to bring on a quantum computing expert

[@dennismartin5157]

The argument on Albertsons is correct. They have it right, Blocking the acquisition is best for consumers and employees. First Walmart , Amazon and target are large scale general merchandise type formats that offer groceries at a value with lower selection. For that, its different then a traditional grocery store. If you look at both Albertsons and Kroger they have already have been buying the competition to hedge out the non union pressure. So it is true they will own the traditional supper market space which has a better perishable format. There goal is to own their format which by the way serve a smaller shopper radius and control the gross in that monopoly. The reports are out that Albertsons with the merger of Safeway have rose their gross 11%. The nonunion competitors like Walmart loves this because it allows them to do the same.

[@studheckerte]

BTC was the first thing that came to mind when I read about the advancements in quantum chips. Any pathway that leads to BTC becoming untrustworthy is a problem today, not just in the future. This concern was discussed in cryptocurrency circles over five years ago when quantum computing was mostly theoretical. Now that it's becoming a reality, I’m struggling to see how BTC can maintain its status as a store of value. In the near future, we could face scenarios where private keys are reverse engineered, the mining process is disrupted, or double-spending becomes possible. While BTC could adapt to these threats, the real question is whether it can do so quickly enough and without compromising the decentralized structure that defines it. And how much would you bet that major global players, those who stand to benefit from Bitcoin’s decline or control, are already running cost/benefit analyses now that the pathway is becoming more tangible?

[@michaelcoates9943]

BP 112 / 70, resting pulse 47, age 66. It's crazy stuff.

[@connorkiley2470]

Great episode guys. Interesting topics and not much political jargon. My advice would be keep the episodes like this, no politics. Super weird i just watched the Startalk episode on quantum physics last night then this comes out. Is quantum talk on a major uprise?

[@tkfort]

Just because you two are no coiners dosent mean you should be happy that people lost money

[@kickhuggy]

I have money in crypto, but not so much that I’d lose sleep if it went to 0.. maybe a little bit now because it’s grown. But don’t put anything you can’t afford losing

[@tkfort]

@ sure but bitcoin will never hit 0. It will be 1 million by 2032. You can either be apart of the digital asset movement or you can hold your fiat currency that continuously gets printed

[@you21MS]

Tolerance is defined by listening to Scott, a fellow Angeleno kid, and not breaking my devices. At least he is not Stephen Miller material.

[@Fordtruck4sale]

Guys, for real, do some research on the real challenges quantum face. It's currently a grift. We'll get there, but it might take another 50 years. The problems around keeping the system stable get exponentially harder as you scale up qbits (the systems get exponentially more powerful too). I don't believe this, but there are very well qualified skeptics that say we won't ever solve for the stability problems to get to true quantum supremacy. IBM et al. are really really overselling quantum right now, it's a grift, just read into the subject you'll see, I was shocked.

[@autohelix]

Blocking the Kroger-Albertsons merger was a positive move for consumers. Kroger operates under various names, such as Harris Teeter in our area, often retaining local store names to maintain customer loyalty. Merging these two major grocery chains could have reduced competition, leading to higher prices and fewer choices for shoppers. Kroger's main competitors are retailers like Publix, Aldi, and Walmart, not Amazon. Allowing this merger might have harmed the competitive landscape in the grocery sector, negatively impacting consumers.

[@TheoreticallyNo]

About quantum computing: in fertilizer production there is a very difficult to model process involved. Quantum computing is suited for modeling molecular processes and could reduce the energy required for fertilizer production. We obviously use a lot of fertilizer in our world.

[@Cedfer69]

Tackled a tough issue in the World Cup in Saudi Arabia. Thought they handled it well and raised some interesting points of comparison vis a vis removal of a particular woman's right in the US vs the kingdom being on a more positive trajectory. Caused me to challenge some of my previous views.

[@dahla1973]

Guys. You got your cryptography around quantum computers wrong. Not totally but quite a bit. Happy to clarify for you. Reach out. I'm a fan so for you free.

[@swphilosophy3040]

They're wrong about loads. Week after week, but they aren't interested in being right, they're here to entertain. Enjoy it for what it is.

[@dahla1973]

@@swphilosophy3040 Who would ever like this as entertainment? Think they try to be correct but sometimes failed. If I'm wrong, I will immediately unsubscribe and watch some proper entertainment :-)

[@greggcrandall2747]

If the two of you have ever traveled outside of the United States, especially to Asia, where nobody does drugs unless they want to go to prison, you'll know that the alcoholic beverage industry has billions of potentially new customers overseas. Just like tobacco when everybody thought they were going tofall apart when smoking rates in the US declined.

[@the_river_acheron]

If the quantum stuff worked out, BTC is going to be the least of your worries. Encryption is all over the internet. Your schadenfreude is showing.

[@paxdriver]

Here's how to frame the case for antitrust most effectively imho: Are supermarkets already violating antitrust routinely for a decade? The answer is yes, but only with processed foods, local farmers, inflation, personal customer data harvesting, lobbying, and recently politically motivated; given how most voters chose a candidate in Nov based on a pretense of high grocery pricing. The financial data showed their profit outpaced inflation. Everything about Kroger today suggests they're already violating antitrust, so absolutely it's a no-brainer to pump the breaks on M&A with all those investigations currently underway. I'm surprised anyone would think that would've been a good idea, kinda like giving Intel subsidies or lifetime appointments to SCOTUS. It's a big deal and matters materially for the whole population, an issue they voted on it means so much to them, and there's ongoing concerns of price gouging during a pandemic... Why on earth would that merger be granted approval right now?

[@waynelondon9776]

The security risks are pretty significant for government and business as well as the huge potent benefits. A great book on the positives and minor discussion of the risks is called quantum supremacy by Michio Kaku. I think crypto as it is will have to pivot or die in the not so distant future. IMO

[@mkinvincible]

I am going to Qatar. Professor G is right. It's an investment.

[@trinimusa4069]

Why the Elon hate. I'm no Elon sycophant but the guy is rich on paper as a result of creating a company that offers a product to the world and has changed the car industry. If the market drives the price of his stock up how is that a threat? Huang and Su as an example have both gotten similarly wealthy in a short period from the AI boom and no demonising of these individuals. The podcast is always much better when you two rich individuals stick to the what you know vs hating on an individual who's richer than you

[@gangsta8929]

I can speak for myself here. I think Elon is a bad role model. I think it’s a bad thing that the richest person in the world has never actually made any money in business. Instead he has gotten wealthy (the most wealthy) through manipulations, like pumping crypto currencies, making illegal false claims about Tesla being taken private, and lobbying for a government role. If the companies Elon owned brought value, then they would make money and Elon could use that money instead of asking Tesla shareholders for a pay package that is worth more than all the money the company has ever made even on an accounting basis. Bezos didn’t get paid that much. Zuckerberg didn’t get paid that much. Brin didn’t get paid that much. They didn’t have to, because they owned stock in a company that made money, and that was sufficient.

[@FrancoisMoreau-v9r]

bidding on WorldCup or the Olympics is becoming too expensive for most host countries, to the point that most countries would rather not invest in the games. Instead of France and the US competing against each other to host the last summer olympic games the Olympic committee decided to offer the games to France and the USA and by-pass the entire bidding process.

[@augustoliver2779]

Blocking Albertsons and Kroger was a good move. I shop there, and their prices are higher than at other places. That said, it’s okay-we don’t have to agree on everything. Different perspectives are healthy. P.S. Pay Ed more.

[@User-pu3lc]

Drinks industry isn’t resonating with young people because they are on social media and in video games which traditionally don’t have as strong an alcohol consumption presence for varying reasons.

[@davidsheehan3966]

Scott saying “it’s coming home” is his worst take of all time lmao

[@johnkelley1426]

GLP-1, no experience, no need; but the wineries in CA are pulling up acres of vines due to low sales. Funny how wine prices haven't budged. About 1.5 years ago went on my first commercial cruise. The alcoholics in the 'drinking pit' were eye opening - that's who buys the unlimited drink package. Think you're correct-the booze industry is going the way of cable TV. Yet our biology evolved with alcohol at low levels because often drinking water was sickening or fatal.

[@toddheartsound5451]

I think the role of GLP-1 is exaggerated. I am on Wegovy. I loved a Friday evening beer (with friends or even alone watching a movie) after a hard week of work. After GLP-1 - I still do it and feel exactly the same "oooh this hit the spot". I just don't drink a lot because all my friends are intellectuals and fitness enthusiasts so I just don't have the ritual of wasting my money in a bar. And I grew up with an alcoholic father, which should have given me a "head start" on abusing alcohol - or maybe it's the reason I avoid it - but anyway it didn't stick. My statement is (as vague and dubious as it sounds): Young people just have lots of other things to tickle their fancy and alcohol dropped as it's a generally bad (and expensive) feeling and "not cool".

[@douglaskaminski4703]

FIFA's leader rigged the bid. You can't bid if your continent hosted the last 2 world cups. So North America is out, and the next world cup hosted by Spain but in includes Marocco so Africa is out, and one South American country too. That just left Australia to put together a crash bid. Be sure the take G1LP, don't expect any drinks in the kingdom.

[@xuover]

25:40 sound effects where so on point… we just needed some simultaneous equations appearing in the video as well 😂

[@JayDee28]

the real thread in the grocery retail market is Aldi.

[@autohelix]

Yep. I love Aldi many do.

[@raycom777]

IONQ has more stable qubits than Google, which reduces the wasting of qubits on error correction. They will need thousands or millions of qubits before the technology is practical for modeling molecules.

[@yamuiemata]

The irony: Elon Musk's 400 billion is dangerous but Saudis trillions is not🤡

[@andy_ppp]

Ironic you say 😅?

[@ewenblack4174]

Moronic statement is more like it.

[@BkLyNAce1]

are you slow? one is a nation and one is an individual

[@aec258]

Scott lost his mind to woke mind virus! Why doesn’t he give up his net worth?

[@user-pl3lo8cc8y]

@@BkLyNAce1 but that wealth is in the hands of a small group of people 🤷🏻‍♂️

[@jtrealfunny]

The embrace of wonder drugs rings a dystopian chord for this viewer. Soma, Oxy, Brave New Worlds of health? Thank you pharmaceutical industry for all your good works.

[@hellofranky99]

Only a few companies can actually afford to build a legit quantum lab. But yeah, this is quantum hype part 2 or 3 or 4?? I forget.

[@Poochie1]

I say it again. Alcohol is not dangerous. My doctor said more than 70% of alcohol deaths are caused by suicide or accidents.

[@autohelix]

Because of alcohol doofus.

[@pedrod.7576]

so a Brit in New York and an American in Britain? Would be cool to watch this being done in the same room!

[@internetshaquille]

Theres no way prof buys groceries

[@briancase6180]

The power of quantum computing, in one sense, is its ability to consider multiple possibilities simultaneously. That is to say the way it was explained here is incorrect. Because a qubit can "be" in the zero and one state (for example) at the same time (superposition), it can compute what it means for that "qubit" to be either possibility _at the same time_. You get in one operation of a quantum computer what would take many operations for a classical computer. That's a messy explanation, but I think it gets the point across better. And, by the way, classical computers DO increase power exponentially with each bit: you get twice as many possibilities as you add each bit. Just as you get ten times as many possibilities with each digit you add to the numbers we typically use in everyday transactions (base-ten numbers). Two digits can express ten times as many numbers as one digit, but they can express only one-tenth as many as a three-digit numeral. Exponential growth is why we use positional number systems; they have exponential expressive power by design. It took geniuses of past millennia to realize this and formalize it.... Remember: the "invention" of zero was once derided as heretical just as was the idea that the earth circles the sun.....

[@Bakobiibizo]

whoever does the animations should include the values and amount of change on the market recap at the start. Just the arrow doesnt communicate as much

[@ttacking]

Well that's silly to include every last cent in the damn market!? Who cares about the change!?

[@Bakobiibizo]

@@ttacking change as in difference of. not as in loose change

[@ttacking]

Now MY IDEA (of course, a much, much better one, that goes without saying) is perhaps something to indicate market fluctuation with a bit more granularity?

[@ttacking]

Difference?! It's capital! MONEY-it all looks the same! (Sigh) Smh aye aye aye! Keep, pluggin away, bud..? Back to the drawing board; better luck next time?

[@StevenS.-up2pp]

Elon FTW!!!!

[@deineintube]

Flipped coin analogy great! Don't know how correct it is but at least it makes sense!!

[@the_river_acheron]

Ed’s disposition towards branding seems like a bean counters approach. He wants to quantify human feelings and know the exact ROI of his dollar spend.

[@swphilosophy3040]

He's still young. He might get there. I doubt it, but he deserves time

[@swphilosophy3040]

That take on the alcohol industry has to be the stupidest thing Ed Elson has ever said.

[@mrwilliamwonder]

You'll drink alone, with nobody else.

[@gregorythompson8627]

There's just not many real world problems that can take advantage of the main optimization (QFT being exponentially cheaper than FFT) in quantum computers

[@tonynelson5229]

If/when quantum computing can break cryptography say goodbye to most of the internet you know and love. Better remember how to fill out a check and find a bank branch near you.

[@HKFunster]

When your brand is intolerance, hosting the World Cup isn't going to move the needle much. I understand the need for both Scott and Ed to carefully tiptoe around the issues given the financial potential for the company but it's disappointing nonetheless.

[@OwenSindler]

The Athletic did a full on podcast about the WC in Saudi Arabia. They need more income than oil. The WC is their gateway.

[@reapop-u3n]

But even Edward Lorenz, "founder" of chaos mathematics said that just because you can plot the location and velocity and direction of every drop of water on the crest of a crashing wave doesn't mean that you should. Let's reign in this quantitative neurosis already... it's unhealthy for humans in every practical context!

[@brunskiyoski]

The bottom line is that even here, money talks and principles don't count. Principles and morals just get in the way of business & pleasure. Most people predominantly exclusively act out of personal benefit and convenience. People Will go to the Saudi World Cup in spite of the most flagrant display of corruption ever by FIFA, & the shameful abuse of power and human rights in Saudi. Why, because people in the main do not stand on principles, and morals are waay negotiable. There's always the yeees, buuut apologists. Heyy, there's a new loophole we can pick and make a shitload of money in North Korea. Come on give'em a chance, it's not that bad. As with Trump and his cronies in the land of Idiocracy, lets reward corruption, criminality, shameless immorality and the flagrant abuse of power, as long as there's a presumed buck in it for us.

[@evarlast]

I wonder how much of the money invested in Galloway's ventures came from Softbank and how this shaped his view of S.A.

[@Michaelsun-z8k]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@JessicaPoland-g1j]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@sunruth-n8s]

We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.

[@dorenejole]

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

[@skylover-w1q]

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

[@chrisjeanneret5091]

I was waiting for the rimshot and "Gotcha" after your opening...

[@JordanHammond7]

FIFA doesn't hide the fact it's corrupt. Sure, it pretends it's not, but who it awards hosting to speaks the true truth.

[@tombesson7293]

Will Saudi Arabia hosting the World Cup mean that legal alcohol sales in the Kingdom are going to happen?

[@bvanderford]

That’s a no.

[@Bruce-f1c]

EDS is real.

[@ExcelSpreadSheetUserWarrior]

Really bad take on Saudi Arabia. Crazy how Scott is delusional on both Israel and Saudi…

[@jodie3339]

A great brand is priceless. But I’m not sure SA can buy their way into one anytime soon.

[@sig_7760]

When Saudi allows alcohol, then they become the next Dubai.

[@donaldjohnson-y6n]

Not sure why everybody is angry. Turn off the TV and go offline, and you'll be happier.

[@SamHoustonSF]

When will GLP1 drugs actually be affordable for most folks? Seems like that's way off, just judging by how BigPharma likes things to go

[@allenng2348]

In the near term, "quantum" won't get hyped the same way AI has. The gas on the fire of AI is that it's software. Any fool can grab some software or pay some unemployed hack to write code; it doesn't need to be good, it doesn't even need to work in order to claim that you're "working on" AI. The quantum stuff is hardware, and--so far--is HIGHLY SPECIALIZED hardware, ie. coolant, superconductors, etc. The barrier to entry into the "claim you're working on quantum" club is MUCH higher.

[@autohelix]

Scott you don't shop at grocery stores. You have absolutely no clue what you are talking about when it comes to this segment at all. The fact that you think Amazon is their competition is absolutely laughable.

[@BAD_CONSUMER]

Did Scott just hallucinate his fantasy when describing the clothed bowman being some buff ripped shirtless guy?

[@karlwenthold4662]

looooool

[@theanthonyrrmillsshow3876]

Not the first time he said something that was demonstrably inaccurate. But then again, his line of reasoning on Saudi Arabia...

[@rickpuigmusic]

England are the Chicago Cubs of football

[@jackryan2135]

Won't just be Bitcoin that's fucked. The entire economic system relies on encryption. Would be a civilization ending.

[@OliverStJohnGogarty]

Something about the way Scott talks about Saudi Arabia (always on brand as "The Kingdom") just doesn't pass the smell test. His willingness to cruise past the dismemberment of an American journalist doesn't square with his chest thumping patriotism in almost any other context. It's just weird.

[@allison_smiley]

Go Ed!!!

[@Tussing42]

Quantum computing use cases: 1) Simulations for massive therapy (Molecular level) development--diagnostics, treatment and maintenance designed at the individual / personal level. 2) Objective Global politics / War planning / simulation (Resource deployment, supply chain, consequences, maintenance). 3) Space security; simulations, resource planning and execution on space object treats (incoming meteors, etc..) 4) Global resource allocation (food / water access and deployment)

[@toddheartsound5451]

global resource allocation is easy: Nukes > Large army > Hungry You don't need a QC for that!

[@learningisfun2108]

You missed climate projections.

[@john-s3w6c]

You like potato and I like potato You like tomato and I like tomato Potato, potahto, tomato, tomahto Let's call the whole thing off........

[@christianromero9596]

Come on Scott your better than this. Human rights are for sale via FIFA, and you know that you look like a sell-out.

[@perpetualpundant8733]

STZ is triple screwed, GLP-1, Gen Z not drinking, and Trump tariffs on Mexico. Not to mention shitty acquisitions (see Ballast Point)

[@Fivehe]

Insane commentary on Israel once again. Protesting the internationally condemned actions of a nation’s government is no statement on any group of people and conflating the two is the only prejudiced thinking im hearing

[@gordonsteen8415]

Good Scott.

[@jim2376]

Scott pounds 6 to 8 drinks on occasion? WTF!?!