gitfan86

31 ms·

361.
by gitfan86 4y ago
Yes you are right. But who was also right were the people that didn't want a highway built near their town because criminals could drive in from a nearby city in a stolen car commit crimes and get out of town before the police could fi
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by gitfan86 4y ago
Most of the unicorns that took funding in 2021-2022.
363.
by gitfan86 4y ago
It is amazing how many people still have not realized what is going on. The AI is going to be vastly superior to humans in MANY ways very soon. And here we are arguing if it is "actually" smart, or "actually" conscious.
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by gitfan86 4y ago
The main reason you do this is to weed out executives who are mostly interested in the prestige. People like that are much more likely to be good at shifting the blame for problems than actually fixing or preventing problems.
365.
by gitfan86 4y ago
If you manage your own money you are fine. If you are expecting the manager of a pension fund to have made good decisions then you are probably in bad shape
366.
by gitfan86 4y ago
And just making friends in general. Most Jon's are not full of people the same age and interests
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by gitfan86 4y ago
That is amazing since thumb drives are much cheaper by the MB and less prone to degredation
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by gitfan86 4y ago
It is just like economics and government. When you try to control an entity as complex as a human or a group of humans or a LLM you end up with 2nd,3rd,4th order effects that you didn't anticipate. There will never be a perfect economi
369.
by gitfan86 4y ago
In general most people fit the widest definition of Libertarianism which is: "People should be free to do whatever they want except for these specific conditions which I consider important and do not negatively impact me very much but
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by gitfan86 4y ago
Exactly, none of them are pointing out what percentage of the money that is currently tied up was going to be sent out as payroll for people making under 100k/year over the next 30 days. If the Fed came out and said "We have revie
371.
by gitfan86 4y ago
SBV is a symptom of the whole SV culture over the past few years. Crypto, Over Hiring, Over paying, 100x ARR valuations, are all tied together. A frenzy of greed and incompetence took over the industry (partially due to ZIRP), it all had to
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by gitfan86 4y ago
I would also expect 10x improvements over the next year due to optimizations found throughout the stack.
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by gitfan86 4y ago
The plan was to cause problems in the labor market. They wanted all types of companies including startups and banks to layoff lots of workers hoping many of those workers would become desperate and take any job at any wage which would drop
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by gitfan86 4y ago
A lot of us took out 3% mortgages and avoided working at startups offering 400k to build some vaguely defined "democratization of finance" product. No one said SVB is going to be insolvent on 3/10, but lots of people thought
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by gitfan86 4y ago
The fed will take over all of these assets and shutdown the bank and make a profit doing so. The fed has a huge advantage in that they can just print money, buy assets that deliver 1% returns and when those assets mature delete the printed
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by gitfan86 4y ago
I'm in that situation, I've made more money on investing in technology companies than working at them. Unfortunately the skillsets are somewhat orthogonal so I was unable to get a job at Google, but was able to buy in at the IPO.
377.
by gitfan86 4y ago
After the 2000 dotcom bubble equity for employees became a lottery. If you got really lucky your shares were priced at a 50k market cap and the company ended up only diluting those down by 50% and the company went public making your shares
378.
by gitfan86 4y ago
Inflation will not go away for 20 years.
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by gitfan86 4y ago
https://www.investopedia.com/ask/answers/042315/how-can-comp...
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by gitfan86 4y ago
1. Momentum and Urgency seem to matter a lot in productivity and procrastination. 2. Focusing on outcomes rather than working just to work leads to focusing on useful work. When you combine these things you can end up in a situation where.
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by gitfan86 4y ago
Executives at those companies understand that risk and set up all kinds of landmines to scare private equity away. A simple example would be, they could put the IT support department under the "VP of Crypto" instead of under the &
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by gitfan86 4y ago
Yes but the MBA, Management Consulting, Agile Coaching industries are based on this not being true. So there will be an endless stream of propaganda to convince people otherwise.
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by gitfan86 4y ago
He probably meant a stain on your reputation. The implication is that you have bad morals if you work for Zuck.
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by gitfan86 4y ago
Bitcoin isn't unique in that though. Picasso paintings also have no top as long as their physical fundamentals stay strong.
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by gitfan86 4y ago
This is what the bitcoin people got right. The dollar is going down A LOT. This is also what the bitcoin people got wrong. You don't want to to denominate your asset in dollars. Yes BTC will hit 100k some day. But 100k will only buy a
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by gitfan86 4y ago
No, I already understood the today's labor market and modern consumerism. I'm just showing a way it plays out in the real world. Here is another example: If you asked 100 random 20 year olds in 1985 what "success" looks
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by gitfan86 4y ago
This explains the current unemployment rate in the US. When given the choice between working several hours at a job you don't like to pay for entertainment verses using a free option for entertainment that is just as good if not better
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by gitfan86 4y ago
No one should be surprised by this. I interviewed at AMZN and the online quiz was basically "Which delivery driver would you fire in this scenario" and the 1-on-1 interviews were with people who when I asked what you like about AM
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by gitfan86 4y ago
Just run that code through another model to fix the problems. Then run that output through a model that will summarize the final code.
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by gitfan86 4y ago
This is the elephant in the room with MUCH of the healthcare system. They report drug X or treatment Y resulted in a 40% improvement of outcome for patient. But what they don't say is people who didn't take the drug but avoided ob

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