Noah Smith

speaker
437 appearances 1 recordings 1 series first heard Jul 2026 last heard 24 Jul

Noah Smith’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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And then they do.
The loans start to flow.
And then so we can do that.
We've already done the repression part of financial repression.
We just have to do the lending channeling part.
If we want to do the kind of subsidies China does, we can actually match that pretty easily.
How does that create demand for the end product?
I don't understand.
That's investment.
So that's like, yes, it's demand for the upstream stuff.
I don't know.
Fair enough.
I don't have a way of tracking that.
I don't know that other people do either.
I think, you know, I wrote about that.
I wrote a post about that called How Much Software Do We Really Need?
Like you, I hear anecdotes about token maxing.
Token maxing being the term for the benchmarks, you know, the usage based benchmarks that you're talking about instead of like profit or, you know, based benchmarks.
Just how much input can we use?
Like, that doesn't sound like a great benchmark for profitability.
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