dcolkitt

53 ms·

541.
by dcolkitt 5y ago
It’s not reasonable. The government should not be snooping into people’s financial accounts anymore than they should be snooping into people’s private homes or email inbox. It astounds me how even principled civil libertarians wholesale acc
542.
by dcolkitt 5y ago
My understanding is that O(5 uS) is achievable on optimized FPGAs with reasonably large networks. Because of the parallelization, large networks don’t add that much more latency as long as you have enough gates. But I have little experience
543.
by dcolkitt 5y ago
The problem with using neural networks in market microstructure is the latency at inference time. Market makers and HFTs need to compute decisions on the order of microseconds. That’s not feasible with large, deep networks. With specialized
544.
by dcolkitt 5y ago
A lot of interesting hypothesis in this thread. But I’ll offer the simplest, and unfortunately least optimistic: This is simply downstream of the Flynn effect. There were serious gains in IQ between the cohort aging into Alzheimer’s 30 year
545.
by dcolkitt 5y ago
My understanding is that most particulate emission isn’t from brake pads, but from asphalt on the road. Regen braking should only have a de minims impact.
546.
by dcolkitt 5y ago
From conversations I've had with East Asians, I think many think of cheese in general as a pretty gross food.
547.
by dcolkitt 5y ago
I’m honestly perplexed what the FANGs are even thinking in being so aggressive about pushing an end to WFH. Sure it could all work out fine for them. Maybe employees will grumble for a bit, then settle back into office life. But maybe it w
548.
by dcolkitt 5y ago
IMO using pre-determined time windows to filter on experience is always a mistake. Smart people acquire mastery in much shorter chronological time. This is literally the definition of intelligence and it’s been repeatedly verified over deca
549.
by dcolkitt 5y ago
Your estimate is way too high. At least in most parts of the country. I know because I’m building right now in a mid-priced coastal metro. A small monolithic slab foundation is maybe $8k at most. Running buried electric on a 20 foot setback
550.
by dcolkitt 5y ago
Maybe $200. I’d be shocked if there’s still any new builds going for $150. Don’t just trust the “sticker price”. You’re almost always going to pay 25%-50% higher than what the builder advertises.
551.
by dcolkitt 5y ago
The high cost of healthcare in the US has very little to do with the structure of insurance. Insurance industry profits only account for 2% of aggregate medical expenditures. The reason that Turkish healthcare is much cheaper than American
552.
by dcolkitt 5y ago
There’s no categorical difference between Knight and Vanguard. If Vanguard fucks up its trading, the exchange is not under any obligation to make it right. The only difference is that Knight was a lot more aggressive in terms of pushing the
553.
by dcolkitt 5y ago
Knight lost half a billion dollars in 30 seconds and not a single trade was reversed. If anything similar happened to any major hedge fund or market maker, nothing would get reversed. Every hedge fund and market maker knows that if their al
554.
by dcolkitt 5y ago
You are aware that the vast majority of financial market trading is run by algorithms that govern not advise vast amounts of capital in an irreversible way. Sometime these algorithms break or are exploited. Often in spectacular disaster
555.
by dcolkitt 5y ago
Much of the world literally does run algorithmically. Literally every day you trust your life, privacy and money to algorithms that make decisions without human intervention. The financial system trades trillions of dollars in automated sys
556.
by dcolkitt 5y ago
One thing that helped is it became the standard in pretty much every Pho restaurant I've ever been to. I don't know if that was intentional or not, but if definitely makes any alternative brand seem inauthentic.
557.
by dcolkitt 5y ago
The judge has no say. The smart contract is collateralized ahead of time. Both parties lock sufficient value in the contract to make sure that the payment can be made good. After the value is locked in the contract, there's nothing any
558.
by dcolkitt 5y ago
Yes and no. It's traceable in the sense that pseudonymous public keys are traceable. But generating a public key is cheap, easy and can be done anonymously. As long as the blockchain participant doesn't interact with any party rev
559.
by dcolkitt 5y ago
I believe open source software is now the most trusted segment of society. (Prior to a few years ago, I’d say peer reviewed science, but the replication crisis has not been kind to its image.) Most people in the know probably trust Linus an
560.
by dcolkitt 5y ago
A real life human still has to decide about real life information to put on the chain, but the point is we’re now globally unconstrained about who we choose to arbitrate that information. That allows for an intense global competition for tr
561.
by dcolkitt 5y ago
Yes. All civil aviation globally is conducted in English. Becoming a pilot or air traffic controller anywhere in the world requires proficiency.
562.
by dcolkitt 5y ago
Let’s be realistic 99% of software, weighted by value, is in English. This is a good thing. There are strong network effects, and fracturing the software world into multiple competing linguo-spheres would destroy economies of scale. Would y
563.
by dcolkitt 5y ago
This seems silly. Is Coinbase not part of “big tech”? It’s literally a $50 billion tech company.
564.
by dcolkitt 5y ago
If anybody's interested in learning the nitty gritty details of the process of homebuilding, especially with an eye towards what drives costs, I highly recommend Contracting Your Home [1]. If you're a neophyte like me, it's
565.
by dcolkitt 5y ago
> most of them basically imply that construction is inefficient because contractors are dumb. I don't think contractors are dumb. But I do think that they don't accumulate productivity efficiencies the way other industries do.
566.
by dcolkitt 5y ago
It doesn't economic make sense to build homes to last 100+ years. Equity markets have historically returned 8% per year. You're much better off cutting corners, investing the money, then fixing the problems in the future with your
567.
by dcolkitt 5y ago
No, it's more like saying that a downgrade in America's AAA debt rating would lead to a rally in price of the US dollar and Treasury Bonds. (Which is exactly what happened in 2011.) It doesn't make any sense from a fundamenta
568.
by dcolkitt 5y ago
If anything, it would most likely create substantial buying pressure in BTC or ETH in the short term. The whole reason people hold Tether is because they’re in an ecosystem where they can’t easily access dollars directly. Say you’re on a cr
569.
by dcolkitt 5y ago
I think the central fallacy is that you're assuming more money makes it easier to achieve higher returns. For the vast majority of finance, you get diminishing returns to scale. There are many investment strategies that have limited ca
570.
by dcolkitt 5y ago
I’ve used it in an HFT system. Basically as a form of latency-minimizing model compression for evaluation in production. The problem was that the base layer model (tree ensembles) did very well in terms of training error but was much too sl

More ›