Hmmm.

For most non-US, it’s IAS38 which determines if the development cost should be treated as OpEx or CapEx.

This would be closer(?), but it’s insufficiently specific to be a definition of “platform”

Fully integrated phones, with batteries that aren't replaceable makes sense, because thinner and lighter are more desirable than ability to upgrade components or customisation. That tradeoff doesn't apply to vehicles though, where cars have been getting bigger in every dimension for decades.

Opportunity Cost refers to the value of the next best alternative that you didn’t choose. It’s what you *give up* to get something else.

Fori T is in trouble!

In the same way that some SaaS products compete with Excel, yes, there is a slightly better alternative out there now. And the moat is narrower.

Agree that vibecoding = prototyping.

But! If a cheap working prototype gets you feedback that your idea DOESN’T resonate with customers, it has indeed saved you from wasting time and money on the 90%.

Vance needs more eyeliner.

Best evidence of time-travel we have is that someone came back from ~the year 2276 and flipped a bit in Nov 2016, making Trump President.

Apparently that was the least damaging tweak possible in the long run.

…and yes, the colour palette!

bsky.app/profile/wanu...

That there are limits to "thinking about national debt as a form of money in circulation". For instance, the same article goes on to say...