devalgo

10 ms·

151.
by devalgo 6y ago
> but the question is, how and why will the bubble burst? I'd take the Black Swan approach. There are probably a dozen each unlikely events that could cause the bubble to pop but you're unlikely to actually predict which one wi
152.
by devalgo 6y ago
Might be wishful thinking. The energy levels where a unifying theory might pop out seem to be out of reach right now. Doesn't seem that we're just missing something that's already in our data.
153.
by devalgo 6y ago
Land of the Free indeed.
154.
by devalgo 6y ago
Isn't GPT-3 exactly the kind of meta learner you're thinking of?
155.
by devalgo 6y ago
Couple of guys in Israel just got 6 months of probation for running the world's largest Botnet for Hire.
156.
by devalgo 6y ago
>This is a good article on the topic: https://arxiv.org/abs/1902.03477 Not to nitpick but that article is a year old and the field is moving at lightspeed
157.
by devalgo 6y ago
Is this how low we've gotten? The only thing you can say is that the US is at least better than the most oppressive and isolated Regime in the world? I don't know what that says about your world view or the US.
158.
by devalgo 6y ago
Not defending Singapore which has extremely problematic laws on the books and I can't really speak for Vietnam but the US has far higher incarceration rates than any of those countries. Like 3-4x higher. China's numbers are probab
159.
by devalgo 6y ago
Us has the highest verified incarceration per capita in the world and the largest number of total prisoners. So at least by verified numbers it's not really even close, the US is by far the worst. Are the numbers accurate for China or
160.
by devalgo 6y ago
The burn it down and rebuild approach is terrifying. There's absolutely no reason to think there will be anything left to rebuild. Do you really think a Country like the US with thousands of nuclear weapons will allow itself to be torn
161.
by devalgo 6y ago
>The whole banking system would collapse like in 2007-2008 because "everyone stops paying mortgages all at once" is basically what happened then. This obviously ignores the issue with massively leveraged firms making poor bets
162.
by devalgo 6y ago
Mine as well. I do hope the reports saying outdoor spread is unlikely are correct becaust the protests seem to be ideal superspreader events. Hot sweaty people packed into enormous crowds coughing because of tear gas and smoke? Thankfully s
163.
by devalgo 6y ago
>So in the end, we will have experienced a lot of economic pain for not that much benefit. This is very US-centric. Our lockdown was more or less completely useless, it wasn't enforced and case numbers continue to rise while in much
164.
by devalgo 6y ago
>It sort of feels like that now. Lots of normality still. There is definitely something not right about the stock market not feeling the impact of millions of unemployed and more than half of retail stores missing rent payments. Not sayi
165.
by devalgo 6y ago
Doesn't this really only apply to variable rates that people thought they could consistently refinance as their homes value went up? If you have a set rate you'll just pay the same monthly payment for 30 years, I don't see ho
166.
by devalgo 6y ago
IF you're so confident then why don't you plug your life savings into shorting the market? You'll make millions. There's been countless examples of projecting returns for an investor who tries to time the market and one
167.
by devalgo 6y ago
Excuse me sir, those writing samples are irrelevant. Could easily be plagiarized. I prefer to test my writers on arcane grammar in the languages they supposedly speak in high pressure situations.
168.
by devalgo 6y ago
>If the majority of workers prefer workplaces like that then those places will thrive The majority of workers have probably never even heard of worker coops and those that have probably imagine it to be related to socialism and therefore
169.
by devalgo 6y ago
>Why cooperatives do poorly? I don't think you have evidence to back this up. The reality is that cooperatives are very rare, so 99% of people don't even have to option to work for one. It's probably not even clear to the
170.
by devalgo 6y ago
>They respond saying it's too risky Well it literally is. If they are talking about Wall St. bankers they have no way to replicate the results of those people. Wall Street can make poorly thought out multi-trillion dollar bets on ho
171.
by devalgo 6y ago
>Democracy is not an efficient way of running a business Have any data to back that up? Comparing a democratically run corporation to the US government is a non sequitur. Outside VC there is no business model that will allow you to run a
172.
by devalgo 6y ago
> The US, along with every other developed economy, is significantly older today than it was 40 years ago. Looking only at average age doesn't give a full picture, how does this square with the Millenials recently becoming the large
173.
by devalgo 6y ago
Have you used any of these apps? Delivery Fee + Servicing Fees + Driver Tip is usually minimum +20% on your order total. How is that cheaper? Restaurants have to pay a flat % to the Apps and this usually crushes their profit even with volum
174.
by devalgo 6y ago
Attorney General != District Attorney last time I checked.
175.
by devalgo 6y ago
I'm explicitly talking about the people who are using the MLK quote to DEFEND the riots not explain them. If they actually supported the thesis of what MLK was saying they would post the entire quote with the relevant condemnation of r
176.
by devalgo 6y ago
Subsidized for who though? It's not clear that the consumers, the restaurants or the Drivers are actually getting a good deal here.
177.
by devalgo 6y ago
>The failure after the riots It would appear that you in fact made my point for me.
178.
by devalgo 6y ago
>I see in another of your posts you said something to the effect of "If (protests) become violent, don't be surprised when (the police) respond with violence." You must have me confused with someone else. I've never m
179.
by devalgo 6y ago
The officer in question has been charged with murder. The Minnesota Governor and AG were both advocating for charges basically since day 1 and well before the protests so it's not at all clear the turmoil influenced his arrest.
180.
by devalgo 6y ago
1992 LA Riots caused over a $Billion in damage and 63 people died. Given that the scale of those riots far surpassed anything we're seeing now and given that nearly 30 years later another instance of police brutality preceded the curre

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