IkmoIkmo

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by IkmoIkmo 9y ago
We've been reducing middlemen to few, not to zero. e.g. Amazon, Whatsapp, Facebook, Airbnb etc. Hell, even peer-to-peer systems have some kind of middlemen. If that middleman is in a big enough market with low barriers to entry and lot
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by IkmoIkmo 9y ago
True, but there's still a difference. If you graduate with 50k student debt, say in CS, you're absolutely urged to work in your niche field where you're compensated for your new expertise and can pay back the loan. That may m
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by IkmoIkmo 9y ago
Well, if you read the article, he addresses this. > What does this mean for the individual student? Would I advise an academically well-prepared 18-year-old to skip college because she won’t learn much of value? Absolutely not. Studying
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by IkmoIkmo 9y ago
Nice article. https://ourworldindata.org is quite good as well, often indicating we've made massive improvements despite populist thought that we're living in bad times, nostalgia for the past, a la make xyz great agai
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by IkmoIkmo 9y ago
Well, don't forget it's not just their own shows. It's been said Netflix's license payment is responsible for financing the $7m budget of Star Trek Discovery. Again, not their own show, but that's irrelevant for the
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by IkmoIkmo 9y ago
Short story is that bitcoin is a ledger that keeps track of where coins go. So if I give you a coin, and you give it back, 1 trillion times, we have a huge database with two trillion transactions. But at the end of the day, nothing changed,
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by IkmoIkmo 9y ago
It's basically as if there were 300 new social media networks all popping up within 1 year, and 99% of them were clones of an open-source social media github, with a few minor alterations and a ton of marketing fluff, with perhaps 2-3
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by IkmoIkmo 9y ago
Well, not everyone is aware of this, and 2nd hand mining card price points on various market platforms probably will push down the prices of everything else to varying extents. (both new, as well as 2nd hand gamer cards).
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by IkmoIkmo 9y ago
I've had a little exposure to the game dev industry, and I've rarely met anyone who actually studied game development. Kind of in the same way that nobody goes to university to study web development. People come from different bac
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by IkmoIkmo 9y ago
I think it's important to recognise what it means if this was a 45k paying job. And I say job not in the sense of a 1-man employment contract, but job as in 'set of tasks that needs doing', with 45k as the budget. What it mea
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by IkmoIkmo 9y ago
> So how effective is that alone? It seems per capita income would be the prevalent factor. It isn't, alone, in a cherry-picked example. But ceteris paribus it's a explanatory factor. I mean, one could also use your argument th
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by IkmoIkmo 9y ago
Could you reference me? Canada's murder rate is about 1/2 of the NY rate, and about 1/3rd of the US rate, and is about half of its peak 40 years ago. Canada has roughly the same amount of murders as NYS but the latter has 54%
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by IkmoIkmo 9y ago
> Imbalanced production rates. The bottleneck of the factory should be the primary focus for improvements. This game shows this quite well: www.positech.co.uk/productionline/
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by IkmoIkmo 9y ago
Hah, really interesting. I wonder how they do the money-laundering though. Perhaps they never do try to get the cash back into the legal system, but we've heard of people profiting >1m, meaning they've done 10m in cash transact
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by IkmoIkmo 9y ago
Man this is really, really good. I've built a lot of these games with better graphics, maps and weapon variety etc, but the battle royale mechanic works awesome. It's a lot more fun than anything I've ever built, and one of t
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by IkmoIkmo 9y ago
Finding a job with no university degree in Southend is not as easy for him as you may think. More importantly, the job likely won't be much better than what he has. The point isn't so much that the job sucks and that he can find s
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by IkmoIkmo 9y ago
NY has restrictive gun-controls, is quite urban/dense and has the 2nd highest gdp/capita by state. They're all correlated with lower murder rates, that helps explain things a bit on NY. The one thing NY does have is high ineq
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by IkmoIkmo 9y ago
Devil's in the details, I guess. It's really hard to be a subject matter expert at everything, yet we find journalists are often required to write pieces about topics in fields they've never worked. The Paul Krugman model (Ph
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by IkmoIkmo 9y ago
> I'm a Whole Foods employee, having one of those rare (for me) moments where I can reasonably be considered very well-informed on the subject of a news article, and it's a little bit disturbing just how misinformed and one-sid
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by IkmoIkmo 9y ago
What does having discussions about ethics, morality or equality have to do with working 14 hour, six day workweeks (84h)? Look, there's genuinely important discussions to be had right now. If he wants his son to grow up addicted to a s
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by IkmoIkmo 9y ago
As I understand it, public transport is a viable (toll-free) alternative for (less-affluent) locals. Such that this toll primarily targets the more affluent class and tourists. Given there are limits to capacity for tourists, driving up cos
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by IkmoIkmo 9y ago
I'm not sure if the ghost stuff is really indicative of a failing economy. I mean, China is about 20% of the world population, you're bound to find emptiness. We're talking about city planning on a massive scale. 220 cities o
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by IkmoIkmo 9y ago
You could say the same for Gates or the US. Or hell, Nigeria... 75m is < 0.3% of their annual government budget and < 0.02% of their annual GDP. The answer lies in that it's always a political struggle to appropriate tens of mill
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by IkmoIkmo 9y ago
Haha, that was fun. First time around I was 55% American. Then 49% American. Then I did my best British accent (49% American, guess I can't ever become a spy in Britain) and my best American accent (88%, hah!). I'm English as a se
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by IkmoIkmo 9y ago
Here's a pretty decent technical note which covers definitions and quantifies 'middle class' in India: https://www.cgdev.org/doc/2013_MiddleClassIndia_TechnicalNot... Most data that I'm familiar wit
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by IkmoIkmo 9y ago
It felt racist to me and many others because Obama was consistently portrayed as 'the other', as non-American, as unpatriotic, as a muslim, as an African, as non-Christian, as not-us but something else, something foreign. Now cand
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by IkmoIkmo 9y ago
Are there really Americans calling for Oprah though, really?... I mean, who of your friends or family actually said that Oprah should become president? All I'm familiar with is the media that keeps talking about how not Oprah, but &#x2
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by IkmoIkmo 9y ago
I'm not surprised. Hell, even if tuition fees are free, college is still really expensive. The poverty line for a single person in the US is about $1k a month, for a 3y bachelor and 2y Master's program, without (average inevitable
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by IkmoIkmo 9y ago
True, if anything it was probably the second most lively crypto community effort I've seen to date. Bitcoin was a community for everyone, and the biggest. Litecoin was just about price. Ether and Ripple were just about price and a few
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by IkmoIkmo 9y ago
That's fascinating and seems to make a lot of sense. Do you know if this theory has ever been followed up with empirical data? Thanks!

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