b9a2cab5

33 ms·

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by b9a2cab5 5y ago
Raising wages without corresponding increase in productivity just leads to inflation, which disproportionately benefits asset holders. If everyone's wages go up, no one's wages go up, barring an increase in productivity. We are se
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by b9a2cab5 5y ago
Flyover towns certainly have $10/h jobs. Amazon pays $15/h and it's in plenty of flyover towns. If you live in a bubble where you think flyover towns somehow don't have $10/h jobs you need to get out of the Bay. The
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by b9a2cab5 5y ago
It may not be in rich West Coast cities with NIMBY problems where the cost of everything is 3x what it should be, but $10/h is easily livable in flyover towns. The primary cost of living is rent and rent in places with functioning city
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by b9a2cab5 5y ago
I'd say a large majority of Americans complaining about student debt today have advanced degrees in non-technical fields. The extra earning power you get in the U.S. for STEM degrees far outstrips any cost of college or healthcare comp
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by b9a2cab5 5y ago
As an IC, the people who dislike talking to their coworkers are ignoring the effect that Zoom has on team cohesion. Personally, a single in-person meeting is more effective for getting to know my coworkers and bonding with them than any num
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by b9a2cab5 5y ago
1 second on a CPU can easily be 100x faster on a GPU, then distributed over 1000's of GPUs. For reference argon2 was supposed to be an ASIC-resistant, GPU-resistant memory-hard hashing algorithm, but a K20X from 2013 is 5x faster than
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by b9a2cab5 5y ago
More likely they acquired the data through other means like hacking into a "foreign" server.
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by b9a2cab5 5y ago
"Antiracists" coined the term BIPOC which literally excludes certain minority groups because they were too successful.
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by b9a2cab5 5y ago
I don't think you can argue that a society built on admitting based on diversity rather than even imperfect standardized testing can be more independent of the pre-existing network. By denying admits from poor "overrepresented&quo
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by b9a2cab5 5y ago
But does state investment into R&D and state sponsored companies more than compensate for this? I think (as does Ray Dalio) that the U.S. will be surpassed in the next 15 years. The U.S. aggressively removes meritocratic gifted programs
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by b9a2cab5 5y ago
Defunding the military has real impacts. Those free trade deals that lower the cost of goods for average people don't just magically get signed, generally U.S. military presence is also a part of the deal. More generally if the U.S. lo
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by b9a2cab5 5y ago
For mobile (the cash cow) the extra power of off-die communication kills it before it's even out of design.
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by b9a2cab5 5y ago
Wages are not as liquid as assets. You generally get a raise once every 6 months to a year, and it's time consuming to find a new job to get competing offers to get leverage for market-level wages. In contrast assets change prices ever
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by b9a2cab5 5y ago
The author makes a good point but focuses on schools where affirmative action is legal. In contrast, schools where it's illegal (like for example, public schools in California and Washington) are dropping the SAT because it allows them
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by b9a2cab5 5y ago
Because anything that challenges the narrative and posits that diversity and inclusion initiatives are actually harming minorities (Asians) is somehow racist. For example, if I were to make a comment saying affirmative action is racism, my
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by b9a2cab5 5y ago
The handwritten notes go from coherent and logical to irrational scribbles over the course of the document. You can see it not only in the content but also the style of handwriting. It honestly feels like the output of someone with a seriou
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by b9a2cab5 5y ago
IMO the Java stdlib also strikes just the right balance between control and abstraction. You can write thread-safe, performant code that makes reasonable tradeoffs between data structures without worrying too much about the details about me
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by b9a2cab5 5y ago
Which is why I included other large cities as an example. Although I would argue the density in SF is not that much higher than some parts of Irvine due to restrictive zoning in SF.
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by b9a2cab5 5y ago
Property crime contributes substantially to a feeling of unsafety. You can't just ignore it because you didn't get mugged. If your car window gets smashed you're going to feel unsafe too, you know. And you encounter it much m
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by b9a2cab5 5y ago
If the police and justice system actually worked in SF Citizen wouldn't have a market.
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by b9a2cab5 5y ago
This doesn't happen in wealthy cities like Irvine, or even large cities like Boston or NYC. This is an SF phenomenon.
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by b9a2cab5 5y ago
And yet compared to New York, Chicago, or any other major city the stats are in the dumpster. [1] Or even San Jose. It is clear that even within the Bay Area SF is disproportionately bad and you have to wonder whose responsibility that is.
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by b9a2cab5 5y ago
I would argue an asset bubble is quite a real harm, especially to future generations that are getting into the market at the current inflated valuation levels. But to each their own.
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by b9a2cab5 5y ago
Deficit spending is not the same as QE. In fact they're orthogonal. Keynesian economists believe you should deficit spend during recessions and pay down the deficit during booms, but the latter part doesn't ever end up happening b
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by b9a2cab5 5y ago
They were right about some of that. QE didn't have any noticeable impact on employment, and although general inflation didn't see much impact (if any), asset inflation went through the roof. Housing prices, stocks, etc. all point
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by b9a2cab5 6y ago
I find it ironic that many "diversity and inclusion" pundits claim that Asians are overrepresented in companies like Google and actively advocate for hiring policies that disfavor Asians but in fact the DoL has found here that the