beefield

11 ms·

121.
by beefield 4y ago
So because one set of chinese are able to make bunch of counterfeit casio watches way cheaper than another set of chinese can make apple watches, the first one are more productive because both make watches that show time? Maybe there is a
122.
by beefield 4y ago
I think the only consistent and reasonable measure for productivity of labor is how much the economy is willing to pay for the labor[1]. So if the society is willing to pay nurses n times higher salaries than 20 years before, the value of n
123.
by beefield 4y ago
In practice I think age buckets might be enough.
124.
by beefield 4y ago
I have occasionally been toying with the idea that the number of votes you have would be dependent on your expected lifetime left. The longer hou have to live with your electee's decisions the more say you should have.
125.
by beefield 4y ago
Funny. First "its collapse was first and foremost a result of its own poor risk management and communications" and then a looong rant how it actually was fault of Biden, Democrats and loose monetary policy. So far I have not see
126.
by beefield 4y ago
> If Disney trains an AI good enough to just generate a good story then I think that everyone who fed training data into that model should get a piece of the revenue. So, if Disney decides to incorporate a sailing boat in ther stories, d
127.
by beefield 4y ago
I can't articulate this well for now, but in all of the mayhem you asked to imagine, I must say I also see a possibility to freedom. Freedom from news because they are all garbage anyway, already now. Freedom from stupid mortgage appli
128.
by beefield 4y ago
So I end up having values in the actual column that may be complete junk and I need to check another column to know that? I would expect that to cause trouble sooner or later.
129.
by beefield 4y ago
I know pretty much nothing abut realtional algebra but I have written and read reasonable amount of SQL. And I find 3-value logic very handy, even if I occasionally see these arguments that it is somehow wrong? Can you ELI5 why I should dis
130.
by beefield 4y ago
My understanding is that US Treasury issues a bit more than 1000 billion USD worth T-bills each month. If this is true, Tether must be one of the largest T-bill purcahser (multiple percentages of total issuance every month). Count me scept
131.
by beefield 4y ago
>If everyone knows this, why keep your money there? Because that applies to literally every single operative bank, and given FDIC insurance and other refulation, the risk of deposit losses for average joe is so small that they do not ne
132.
by beefield 4y ago
I think you are selective here. There are lots of coins that have lost value permanently (FTT, luna etc), I also remember reading that there are lots of coins whose network has simply shut down due to lack of interest (no source here, thoug
133.
by beefield 4y ago
Would you be willing to make a honest try to compare quantitatively the percentage of deposits lost in regulated western banks vs money lost in failed crypto exchanges, stablecoins etc? I think the difference must be many orders of magnitud
134.
by beefield 4y ago
I'm a bit confused. (Haven't followed in detail) Did they not mark to market the bonds they bought and ended up insolvent in reality but not in their books? Shouldn't the regulators have pulled the trigger earlier, then? Or i
135.
by beefield 4y ago
I guess we have different opinions what "no bullshit" means. This is what I consider no bullshit license: https://en.m.wikipedia.org/wiki/WTFPL And yes, I also wish everyone used this license everywhere.
136.
by beefield 4y ago
> It’s completely unreliable because it sounds confident and plausible even when it’s wrong This describes pretty accurately a non-trivial amount of people I have worked with.
137.
by beefield 4y ago
> but given my location, I don't want to put money into it You made me a bit curious, why not? Illinois seems to have sailing opportunities in many places, and with a good drysuit or wetsuit even dinghy sailing in colder climates is
138.
by beefield 4y ago
I would argue any hard working is not clever by definition. But the ones who are otherwise clever but have a blind spot on the hard working part - they are scary. How efficiently and how far they can get into completely wrong and unexpected
139.
by beefield 4y ago
I do not quite get the theoretical basis of the idea that shareholder value should be maximized. I mean, in order to maximize shareholder value, you need to pay a going rate to other factors of production anyway. If you pay too little wages
140.
by beefield 4y ago
I think you might find places relatively close each other in the moon polar areas that are in aggregate illuminated most if not all the time. https://space.stackexchange.com/questions/34025/moon-polar-d...
141.
by beefield 4y ago
> I'm happy there are places where speech is not restricted. that means no. Do you want to remove _every_ moderation made by companies/governments in all online forums, including HN?
142.
by beefield 4y ago
No, it is the other way round. If there are no places where companies and/or governments censor/limit free speech/fight misinformation, every place turns into 4chan and you lose your ability to choose. I'm happy ther
143.
by beefield 4y ago
well, we see where that ends by looking at 4chan. Why are you posting here and not there?
144.
by beefield 4y ago
Because their customers/voters want it? Me, I very much prefer censored HN to free speech 4chan. The question is, what are you doing here if you prefer 4chan where the "truth" is not censored?
145.
by beefield 4y ago
ChatGPT integrations to online forums: Hold my beer.
146.
by beefield 4y ago
How do you propose western countries and social media companies fight disinformation?
147.
by beefield 4y ago
I have occasionally needed to advise mobile users how to use a simple web app showing phone's location on a map. Sample size is at least tens of people, selection bias to somewhat young and active people. Based on this "research&q
148.
by beefield 4y ago
For some reason companies still agree to pay huge bonuses to their (already rich) executives to incentivize them working more/better.
149.
by beefield 4y ago
So you’re saying the rich have much less to gain through hard work and shouldn’t be incentivized?
150.
by beefield 4y ago
What makes you think they ever waged a war? I never saw any indication.

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