LapsangGuzzler

22 ms·

271.
by LapsangGuzzler 4y ago
After the collapse of Silvergate and Signature, I say “let them have it”. The crypto industry may be adept at moving across borders, but so are seasoned criminals. That shouldn’t automatically qualify them to operate with impunity. Millions
272.
by LapsangGuzzler 4y ago
> The frustrating thing is that companies will likely be getting away with stating falsehoods and/or not following through on what the AI claimed they'll do. This has been a key feature of digitization generally, delegate respo
273.
by LapsangGuzzler 4y ago
> you need a healthy job market so that people can afford these. So much this. I was reading recently about how remote white collar work has strongly stimulated trades workers like electricians and plumbers. Once all of the high-paying r
274.
by LapsangGuzzler 4y ago
> there's a huge amount of work in hospitality, construction, skilled trades, healthcare, and every other field you can imagine. These are mostly bottom-of-the-barrel jobs that can't find and hold on to good people. I worked in
275.
by LapsangGuzzler 4y ago
Apple already figured this out with iPhones. I can easily see continuous hardware specializations that are tightly integrated with new OS features to stabilize Mac sales and incentivize shorter device lifecycles.
276.
by LapsangGuzzler 4y ago
> A significant portion of the economy functions with limited government intervention, as the government sucks at managing the economy. This just isn't true, government participation can be found throughout the entire US economy. Im
277.
by LapsangGuzzler 4y ago
> while stealing crypto may be hard or impossible to prosecute in many jurisdictions. This is one of the inherent contradictions of crypto. If the ultimate goal of crypto is to create a financial system that is free of government contro
278.
by LapsangGuzzler 4y ago
> It’s just too versatile, ambient computing around you all the time, anywhere from a single button to a virtual interactive world. I just watched Dan Harmon's new doc on Decentraland[0] and he raises some really good points about t
279.
by LapsangGuzzler 4y ago
> CEOs and companies can, and should, act ethically. I can and should always drive the speed limit. But that doesn't mean I do, which is why highway patrol exists, to keep people in check. "Should" is such a worthless word
280.
by LapsangGuzzler 4y ago
> Nonessential-to-life property A car is pretty essential to life, especially in place like Texas. New and used cars are skyrocketing in price, and if you're a lower wage employee, chances are that you still have to commute to work.
281.
by LapsangGuzzler 4y ago
> The technology hasn't changing anything. I don't agree with this. Sure, things like VFX have existed to augment the experience of movies and other types of content over the years, but these were large-scale commercial project
282.
by LapsangGuzzler 4y ago
> It seems like the process of populating the top tiers in large orgs routinely sifts out people who know how to cooperate, and promote the people who only know how to dominate. This is an inherent trait of our modern result-driven syste
283.
by LapsangGuzzler 4y ago
True, but it's quite possible that people who cook illegal drugs for money often don't care because they get paid by the distributor. At the end of the day, they're just trying to make a living like the rest of us, and they u
284.
by LapsangGuzzler 4y ago
The street dealers aren't usually the ones cooking them and therefore don't know what's in them.
285.
by LapsangGuzzler 4y ago
It's not that dealers know their drugs will definitely kill customers, it's that they don't know what's in what they're selling and they're smart enough to know not to ask questions of their suppliers. I bought
286.
by LapsangGuzzler 4y ago
Texas would do well to at least pretend to care about kids mental health. From the article: > Directing blame at Mexico is also a way to avoid looking at how Texas fails children. A 2022 report from the nonprofit Mental Health America ra
287.
by LapsangGuzzler 4y ago
My Sister-In-Law is a counselor at an elementary school in the Chicago area with one other counselor sharing the caseload, she's been working almost a decade. Before the pandemic, roughly 10% of students at her school came and went thr
288.
by LapsangGuzzler 4y ago
> Yet, ya'll turned out ok, despite all those changes. I personally do very well for myself, being in the top 1% of earners in my generation. It deeply concerns me that I can barely afford to buy a house despite this fact. Most of m
289.
by LapsangGuzzler 4y ago
They can't. Period. It's the next level of prioritizing the short term at the expense of the long term.
290.
by LapsangGuzzler 4y ago
> The junior devs whose whole job it is to translate architectural and design specifications into excessively verbose boilerplate code will struggle to survive, but the software architects above them will find a new means through which t
291.
by LapsangGuzzler 4y ago
> Nor have I seen much evidence that most other banks have significantly less liquidity risk than SVB did. In traditional banking, rising interest rates are a good thing because it means that banks in turn get to underwrite loans at high
292.
by LapsangGuzzler 4y ago
> Can't we sort of blame the Fed for that too? No. SVB chose to pursue a risky investment strategy with no risk manager at the helm for months, the banking equivalent of stupidly storing all of your nitrous fertilizer in one place a
293.
by LapsangGuzzler 4y ago
SVB also chose not to prioritize hiring a risk manager for months leading up to their collapse, which is just pure stupidity. Anyone worth their salt would've pointed out that they were at risk due to their investment strategy and homo