cynusx

17 ms·

121.
by cynusx 5y ago
This is actually a great idea because the lack of KYC in cryptocurrency is holding the technology back a lot as no serious financial service company can adopt it
122.
by cynusx 5y ago
Thank you for stating what should be obvious. I think there are two currently unsolved problems 1/ We have no idea what the reward function looks like that leads to AGI 2/ Deep networks are artificially constricted for computation
123.
by cynusx 6y ago
If you are a woman you can easily counter this behavior by labelling it and saying that you don't have a porcelain skin. Bonuspoints if you laugh about a guy giving you super bad feedback and how this did not bother you. Putting people
124.
by cynusx 6y ago
M&A work is mostly speculative work (pitching to potential buyers), the more opportunities you find and present properly the more money you make. As a consequence, there is an infinite amount of work that can be done and a pool of hungr
125.
by cynusx 6y ago
It takes money to build up revenue and get new clients, this are typically called the "customer acquisition cost" or CAC. The time it takes for a customer to pay back this initial CAC is called the "payback period" which
126.
by cynusx 6y ago
You clearly have never pushed a company towards profitability because the fundraising markets are closed to you. Generating revenue is the hard part in business, spending is really, REALLY easy.
127.
by cynusx 6y ago
In europe, we long accepted that uncensored talk of hate speech which in practice is almost always racial hatred will lead to the eventual overthrow of democracies and therefore deserve to be censored. Is preserving democracy worth putting
128.
by cynusx 6y ago
Horizon65 | Technical Lead | Onsite | Berlin Horizon65 is building the first digital pension fund and is looking for a Technical lead to convert our prototype into a full-fledged mobile & web application. Feel free to email me directly:
129.
by cynusx 6y ago
Goh, limited partnerships could work. You still don't have a legal instrument (a share) that you can freely transact and has attached rights. It's maybe important to realize that when the amounts get bigger and the projects riskie
130.
by cynusx 6y ago
Sure, a monopoly is a great business... everybody wants to be the owner of that. The problem is... what if you are not? Even worse, what if this monopoly business is a crucial supplier for other businesses? Now these government guys can ext
131.
by cynusx 6y ago
The point of a business is to pool resources and make profit (add more value then taken away) and return money to the shareholders (make wealth) Power can be a side-effect because you make A LOT of money and people are generally happy to do
132.
by cynusx 6y ago
TikTok is a foreign company and the president has unrestricted power in foreign affairs. I am happy to agree with you that the president should have also restricted power abroad in let's say something like an overarching trade agreemen
133.
by cynusx 6y ago
First of all, you are asking me to provide a better argument for another case altogether. Authoritarianism is bad because it enables party cadre to outright steal businesses (expropriation) and protect incumbents. The case you want me to ar
134.
by cynusx 6y ago
Communism is an extreme version of authoritarianism, officially executed in the "name of the people" but in reality executed by a revolutionary command of max 10 people. In interwar Germany, there were also old imperialists who di
135.
by cynusx 6y ago
Sure but there's a difference between what a government said why they did it and why they actually did it. The regulator could have stepped in a year ago rather then a few days after Jack Ma's comments.
136.
by cynusx 6y ago
Russia also had massive growth numbers when they were catching up to the west, however at some point the authoritarianism starts to sabotage it. China has a huge population and is destined to have a huge economy, however they are still play
137.
by cynusx 6y ago
These banks had to be bailed out because the ripple effect would destroy the economy and that would have been very disruptive even to companies and individuals that had nothing to do with the housing crisis. Even with the bailout, many suff
138.
by cynusx 6y ago
Actually corporations (companies) are a legal structure invented to allow multiple investors to contribute capital towards a certain goal and have rights guaranteed by law rather than purely contractually. The limited liability is also to p
139.
by cynusx 6y ago
It was a democratic process that brought the anti-trust cases and established competition rules. Democracies are not perfect and are always evolving
140.
by cynusx 6y ago
Depends, what you described in democracies is called "regulatory capture" and is usually only possible because politicians have a tendency to regulate and then rely on existing big players to find a regulation consensus. Notably a
141.
by cynusx 6y ago
In what world is this the rule of law and not just arbitrary bullying of the ruling elite?
142.
by cynusx 6y ago
Authoritarianism is bad for business, there are plenty of examples where big businesses get "nationalized" or where the founders are forced to sell to a "friendly party official" who then proceeds to run it into the grou
143.
by cynusx 6y ago
Hmm, my impression was that it was blockchain based. Well, I guess that brings the useful applications I know of to 0
144.
by cynusx 6y ago
I have only heard of one good use-case and I have been in fintech for the past 6 years. Swift GPI allows banks to credit the receiving parties' account in 10 minutes rather than overnight. It's an example where the existing party
145.
by cynusx 6y ago
Gaming industry discovers automated testing? The article didn't describe anything that looks like it uses reinforcement learning, adversarial AI's or machine learning.
146.
by cynusx 6y ago
In my opinion there is a big difference between being forced by regulation to unionize and to be forced by your own employees to unionize. The management can't be blamed for the regulation and the employees clearly didn't decide t
147.
by cynusx 6y ago
I agree that unions have been an important player for worker rights and in some countries even the advent and enforcement of democracy. However, unions really make sense when workers are a "commodity" and easily replaceable to the
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by cynusx 6y ago
While there are very technical elements to sales (prospecting, funnel management, pipeline review, sales compensation design) that can be measured and tracked, they are relevant for managing salespeople but not for the sale itself. A sale h
149.
by cynusx 6y ago
As a successful startup founder I see both sides of the table, the problem for business founders seem to be that they literally have no idea what a good technical founder looks like often signing up junior devs as cofounders. Then I see gre
150.
by cynusx 6y ago
I am not so sure about that, I think highly concentrated iron is less productive for carbon sequestration than less concentrated iron. In addition because the flow of plastic is constant it may lead to semi-permanent algae rather than a boo

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