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dogruck
searching PlanetScale…
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511.
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dogruck
9y ago
I do not personally believe the bitcoin markets will function properly for the shorting mechanism to pay off in interesting scenarios. If I borrow your bitcoins, how will you force me to sell them? If we agree that a third party will wareh
512.
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dogruck
9y ago
Agreed. It's too bad there aren't effective mechanisms to go short though, so people who think we're at a peak can back their view with money.
513.
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dogruck
9y ago
It's a preposterous metric. Dividing the cost of the car by the range of the car!? Also, are they talking about the price the buyer pays, or the total price, including government subsidies?
514.
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dogruck
9y ago
Agreed -- the article avoids every elephant in the room.
515.
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dogruck
9y ago
Summary: Amish people are regular folk like everyone else. In my experience, outsiders get too hung up on perceived conflicts with the Amish community.
516.
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dogruck
9y ago
A reasonable theory. Agreed.
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dogruck
9y ago
Yes, but the top, hard driving, talent would make the trade and move to the US. Your prerogative is to kick back and chill up north. I'm not hatin -- just pointing out that you're not really a counter example to the point at hand.
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dogruck
9y ago
You certainly could be right. But what's your conviction level? Is it as high as "earth's gravitational pull is real" or is it lower? If it's high, can't you think of some way of capturing the arbitrage? Per
519.
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dogruck
9y ago
Suppose the thesis is true -- the job market has undervalued workers who can't write JS. Why would the obvious arbitrage persist?
520.
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dogruck
9y ago
What if we observe differences in said algo(s), when applied to small companies and the Googles? Said another way, if Google's employee stats are biased, is there any feasible defense?
521.
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dogruck
9y ago
Great question. I'd guess that Google's workload differs from Netflix. What's your guess?
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dogruck
9y ago
What about the face ID for women wearing the hijab. What is her username? Is it her publicly veiled face, or her private natural face? As people age, or are otherwise disfigured, does their username change?
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dogruck
9y ago
What happens when the large subjective components yield comp stats that indicate gender bias? And my original point was that there's much more bias at small companies.
524.
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dogruck
9y ago
I agree with everything you said, and your experiences match my own. I still say that situation leads to formulaic, systematic management. Let's say that GOOG developed a sophisticated machine learning algorithm that made all hiring,
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dogruck
9y ago
Ok, let's think about the compensation process. You start with the obvious -- managers assess the value of each employee. Roughly, for each employee you derive a dollar amount that is: 1. Larger than what the employee could be paid
526.
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dogruck
9y ago
This is noise because these lawsuits are common, and Google has deep pockets. The more interesting investigation is what happens at small companies. For example, look at the early Google employees -- only a few women, and most of those wom
527.
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dogruck
9y ago
Or maybe it shows how little progress we've made. In other words, we're deluding ourselves with an illusion of progress. What does it mean when Obama flipped his view (evolved) in 2012? And, every serious 2008 POTUS candidate wa
528.
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dogruck
9y ago
Certainly your prerogative. But you're in coalition with the tiny minority who stopped flying United after the Chicago PD yanked the guy off a flight.
529.
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dogruck
9y ago
What are Threw Laws?
530.
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dogruck
9y ago
Magic Leap somehow feels less sketchy than Theranos for some reason. Definitely have my popcorn out though. It's almost comforting to read about negative to neutral gossip from ex-engineers.
531.
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dogruck
9y ago
Wow thanks for the TIL Skycar. https://en.m.wikipedia.org/wiki/Moller_M400_Skycar
532.
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dogruck
9y ago
You make a good point.
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dogruck
9y ago
Ah, "blaming victims for their misfortune." You seem cool.
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dogruck
9y ago
Annoying how this 538 article immediately bemoans the lack of regulation -- as if the only solution is to grow the government and pass more laws.
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dogruck
9y ago
Have you studied the crack epidemic or have you simply slurped up some recent liberal political journalism?
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dogruck
9y ago
It wasn't a "markets thing". Crack hit black communities. Then, black leaders within those communities responded by passing tough laws.
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dogruck
9y ago
Y'all realize that black legislators and community organizers pushed for and voted for those "racist" crack sentences? They were trying to save their own communities. Edit: for the uninformed down voters: https://
538.
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dogruck
9y ago
Ok, sure, you save your excess income. Then, later, one of two events happen: 1. You spend the savings, and pay consumption tax 2. You die, and pay the estate tax.
539.
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dogruck
9y ago
I encourage you to read Pickety's book. He argues that inherited wealth is bad because it rewards people for being born. Why would anyone, including Pickety, want to prevent Bill Gates?
540.
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dogruck
9y ago
It's easy to fall for that liberal meme, but you (and they) are wrong. Pickety explains it in his book. In Europe, most wealth is inherited, and power in concentrated in family dynasties.
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