deltree7

40 ms·

421.
by deltree7 5y ago
If you apply property rights, the bedrock principle of capitalism. You'll solve all of these externalities.
422.
by deltree7 5y ago
I very well know about Tragedy of Commons. Property Rights, the bedrock of capitalism, if properly enforced, by penalizing individuals/corps that pollutes/destroys someone else's (including public) property, takes care of mos
423.
by deltree7 5y ago
Property rights, one of the bedrock principles of capitalism, easily handles externalities. Dumping waste/co2 is a violation of someone else's property rights. Try dumping waste into your neighbor's property and see what happ
424.
by deltree7 5y ago
It's delusional to think Tesla wouldn't have existed without government help. Tesla took a cheap government loan when it was available. Do you really think, Musk wouldn't have raised the piddly $500 Million from on his multip
425.
by deltree7 5y ago
Your sustainable solution, by definition, will reduce input costs for all business. Every business on planet earth will hand you money for reducing input costs. Once again think long-term. Short-term the externalities does get pushed around
426.
by deltree7 5y ago
Capitalism and Free Market. On an individual basis, apart from zero-cost sustainable habits, if you are capable, become a master of science, attempting to solve energy, material, carbon and climate issue at a physics level. If you are a cra
427.
by deltree7 5y ago
If I'm rich enough, I don't care replacing my Merc with my own money, instead of going through the pesky insurance. Insurance is great when you can't handle the cost of replacement. That's why you don't buy insuranc
428.
by deltree7 5y ago
The liability concern is almost always raised by people who don't do actuarial math. For a given set of parameters (car/driver/environment) it gets to an accident every X miles causing Y$ in damage. This Y$ is paid out by poo
429.
by deltree7 5y ago
There are two kinds of inflation 1) Increase in prices because of increase in money supply 2) Increase in prices because of supply shocks (weather, strikes, supply chain, disruption) or unusual spiky demand. Core CPI is an attempt to measur
430.
by deltree7 5y ago
Core Inflation is needed so that they can apply the right monetary policy. If you want your 'personal' inflation, they have data for that too. Fed releases all kinds of data (unemployment and monetary) and is pretty transparent. I
431.
by deltree7 5y ago
or you can let a country have multiple billionaires so that they can fund these projects with their own money and compete within themselves, take more risks and compress the timelines of frontier-conquering and innovation. But, we want a la
432.
by deltree7 5y ago
Most people have a poor understanding of 'increasing productivity' especially what OP is talking about. If I build a tool, that makes someone else irrelevant, that increased my productivity, but not the person who is now irrelevan
433.
by deltree7 5y ago
once again this is a clueless understanding of increasing productivity. If I build a tool and make a person irrelevent, then I didn't increase productivity of the laid-off worker. I merely increased my own productivity. What OP said
434.
by deltree7 5y ago
Increasing productivity never lays people off, unless the people were originally being unproductive. That's a dumb understanding of economics and even management. Also, scaling tools to more than one user is incredibly hard. Software d
435.
by deltree7 5y ago
Not necessarily. Today we produce 1,000,000x more videos/memes/gifs/content 50 years ago and we also consume more of them. But, those numbers don't show up at all in our productivity measures. Why would watching "Go
436.
by deltree7 5y ago
The problem with 'productivity' measurement is output is based on 'sale price' * Sell, 1,000,000 lottery tickets (or CDOs or Carcinogenic products) -- Boom, you are productive. * Cure Cancer (or Linux or Wikipedia or an
437.
by deltree7 5y ago
There is also Customer Lifetime Value. By raising prices, you may lose some of your customers, who unfairly penalizes the retail/manufacturer especially when politicians (and reddit and HN) happily side with sub-optimal fixed price sol
438.
by deltree7 5y ago
We don't have the capability to transfer one's knowledge/wisdom/vision to someone else. Tim Cook can never think like Steve Jobs. Bassy can never think like Bezos. Even sons/daughters of great people inherit the kin
439.
by deltree7 5y ago
Your friend doesn't have access to Zuck's thinking or any other thought leaders at Meta. So, your friend just because he works there doesn't have anything special, unless he himself thinks like OP (Ben)
440.
by deltree7 5y ago
successful companies are always about distribution. You can say the same about Smartphones, but Apple has created a $2T value using the open internet
441.
by deltree7 5y ago
VR is also an excellent training tool for pre-defined tasks. The immersive part will make the learning more permanent, more kinesthetic and more real rather than reading a wall of text.
442.
by deltree7 5y ago
Yep, some people laugh at new ideas. They are also the same set of people who cry about Rich-getting-richer when they had the same set of opportunities as other new millionaires to invest in these laughable ideas.
443.
by deltree7 5y ago
If they hadn't invested in SaaS, they wouldn't have had the money to invest in this.
444.
by deltree7 5y ago
My posts are async thoughts that I write for myself mostly using a post/comment as a jump point. I know it isn't the right thread etiquette (and I always get downvoted), Internet blogging/commenting is just a stream of though
445.
by deltree7 5y ago
or they are incredibly short-sighted and assume they can manage to survive the next 60 years with whatever meagre savings that they may have and whatever skills that is relevant in 2021 is still relevant 10 years from now. If you are in you
446.
by deltree7 5y ago
It's funny that there is a set of people who think we can't survive +2 degrees of heat but can easily be an interplanetary species surviving in Mars.
447.
by deltree7 5y ago
Facebook, Amazon, Google were not the first, they were the best. But hey, since we are in pitch-fork mode, we can simply make up stuff to our fellow-brainwashed posters. How is this different from Q?
448.
by deltree7 5y ago
Outsourcing option pre-coursera/edx/YouTube/slack/remote-infrastructure is vastly different from post-x An Analytical mind can be productive from 12 to 75; All of humanity is a pretty decent proxy for the talent pool. Fo
449.
by deltree7 5y ago
once again, you are over-estimating the powerful SJW Unioin. A lot of talented libertarian, conservative people can't work at facebook because it's too woke. May be a Sheryl Sandberg will make way for Peter Thiels...and it's
450.
by deltree7 5y ago
HN delusion about their own self-importance is strong on this one. There are millions of talented Engineers who'd die to work for Facebook, Google, Netflix. Top 0.1%ile of 8,000,000,000 is 8 Million. Most woke, liberal graduates were p

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