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JanisL
searching PlanetScale…
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91.
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JanisL
6y ago
Because there's a LOT of people out there who have slow mobile data or poor signal strength. I think assuming that everyone everywhere has extremely fast internet is a bad assumption. Also there's an enormous amount of bloat in pa
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JanisL
6y ago
I think this depends on how brutal the workarounds you will accept are
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JanisL
6y ago
> Have we averaged greater than 3.5 to 4.0 percent inflation recently? Lately almost certainly yes. The tax benefits might still make it worthwhile but inflation is most definitely higher than than 4% at the moment
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JanisL
6y ago
I was wondering the exact same thing, I think the MIT license is a really bad choice here for reasons explained here: https://www.lesinskis.com/MIT-licence-community-hostile.html
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JanisL
6y ago
Distributed version control was such a huge win that I really couldn't imagine not using it now. I think this is a fairly common sentiment.
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JanisL
6y ago
What do you mean by "failing upwards" exactly?
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JanisL
6y ago
Look at the credit default swap markets, these gives you information into what people are actually willing to bet money on regarding currencies.
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JanisL
6y ago
The amount of things you can do seems to have been shrinking over the years though
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JanisL
6y ago
I like this term just because it seems like it's got a lot more common lately to do this.
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JanisL
6y ago
> Obviously no programmer is solely relying on StackOverflow to do their job I've encountered a few people who were doing something very close to this. I really hope that doesn't happen in medicine too.
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JanisL
6y ago
At the moment we are living in a time with very strange monetary policy, in any situation where we have zero (or more absurdly negative) interest rates any venture that has potential to be profitable while growing will find that the easy fu
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JanisL
6y ago
The expected utility of buying that ticket is quite poor though which is the thing that really matters for most people. You get a sense of this when you consider that the vast majority of the time you lose your initial investment. If you ha
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JanisL
6y ago
As far as I understand it the ban on using tear gas in war is less about morality and more about preventing escalation into use of other chemical weapons in reprisal attacks.
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JanisL
6y ago
Even if you pay the chat history is a massive pain in the ass to get out of the system, something that was a deal breaker for me when I was running a business.
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JanisL
6y ago
Currently we have a debt based monetary system, so banning debt means we would need an entirely different monetary system. This might be worth doing but there's a lot of challenges, specifically debt in some small amounts allows flexib
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JanisL
6y ago
Any fixed amount only makes sense in a world with sound money, otherwise inflation or deflation will make the fixed number shift over time. Unfortunately because of these pernicious "inflation targets" with monetary and fiscal pol
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JanisL
6y ago
This is exactly the sort of dynamic that would happen in many economic "resets" and is a huge part of the reason why the ultra wealthy aren't as concerned by such resets as many people assume
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JanisL
6y ago
This IPO does have a bit of a Cantillon Effect feeling to it now that you mention this.
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JanisL
6y ago
I just don't see a monopoly being possible in this space for a variety of reasons. Specifically it doesn't seem politically viable.
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JanisL
6y ago
I also remember not too long ago Tesla's CEO was saying Tesla was overpriced.
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JanisL
6y ago
Salaries are driven by a lot of supply side dynamics, it's less about the overall economic output of the employee and more about the cost of replacing them.
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JanisL
6y ago
This isn't a zero-sum situation, paying the workers more can increase overall profits for a company.
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JanisL
6y ago
Cost of living is radically different in some places. That and software engineers are significantly underpaid in NZ (and Australia) relative to their economic output.
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JanisL
6y ago
Imagine that you are a politician in that area and you have a crisis with the water supply, you aren't going to win votes by promising to first fix the water supply problems somewhere else that's not in your electorate. Even if th
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JanisL
6y ago
Probably because Australia has a significantly different culture. One factor is that giving equity to employees is rare in Australia.
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JanisL
6y ago
Honestly I'd be worried if a power plant was leaking gas and they didn't talk about it. Having good maintenance is a good thing, if you don't do this maintenance and cover up problems instead of fixing them you end more like
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JanisL
6y ago
I imagine that Proposition 13 is a factor in some of the issues by greatly benefiting anyone who bought real estate a long time ago at the expense of everyone else.
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JanisL
6y ago
The demographics of the industry has shifted enormously in the last 20 yeas, with the median years of experience going way down. In an environment flooded with beginners and people who are not established it helps a lot to know people when
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JanisL
6y ago
You might find the Cantillon Effect to be of interest: https://www.austriancenter.com/cantillon-effect-populism/ The effects of inflation are somewhat localized at first and the movement of money in the economy matters
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JanisL
6y ago
I'm glad you have good experiences with your parents, but some people don't. I really clearly remember a guy I worked with at one point telling me about the murder trial his father was in, really brutal stuff. It's not like e
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