gmd63

22 ms·

271.
by gmd63 4y ago
I thought this website was for hackers, not dudes who beg for bailouts from the government and turn around and spend them on bitcoin
272.
by gmd63 4y ago
It's unknown whether it was in their best interest, because we can't observe the alternate reality where 42 billion dollars wasn't withdrawn in one day. The raindrop never feels responsible for the flood, but it is.
273.
by gmd63 4y ago
Isn't managing employee satisfaction part of running a business?
274.
by gmd63 4y ago
The bank provided many benefits unique to the startup/VC community, otherwise people would not have stashed dumb amounts of uninsured cash there. Those benefits are now gone.
275.
by gmd63 4y ago
Explain how burning the system your community depends on to the ground when it wouldn't have burned otherwise is "rational"
276.
by gmd63 4y ago
I'm suggesting we abandon "ThoughtCrime". The way it is now, people analyze your intent and if they determine it is malicious you get punished. If you pretend to be ignorant you get let off the hook. Trying to look into someo
277.
by gmd63 4y ago
When are regulators and enforcers going to wise up to this "clever" game of disguising malicious behavior as negligence? I've seen so many people strategically play dumb that at this point I don't believe whether or not
278.
by gmd63 4y ago
For the individual, maybe. For society, no.
279.
by gmd63 4y ago
The point of school work isn't to generate something of value externally, it's to generate understanding in the student. Much like lifting weights or running are "bullshit" activities. You haven't seen bullshit unti
280.
by gmd63 4y ago
The last time I used Yelp was when it asked me to install their app to use the full feature set.
281.
by gmd63 4y ago
The point being made is that there are no negative consequences to being responsible, so it's an empty statement. It doesn't even mean anything. They're making the decision because they're being rewarded for it by mainta
282.
by gmd63 4y ago
I helped a guy who wasn't good at english send emails in a previous job. It was conflicting, because with automation we're removing trials from our lives that convey how much mastery we have in given areas. One of the heaviest con
283.
by gmd63 4y ago
With stupidly long copyright protection I can see this being justified by "protecting those profits we're trying to make 2 decades from now"
284.
by gmd63 4y ago
It's amazing how much money is spent on abusing perception. A great justification of why it should be progressively harder to accumulate wealth, not easier.
285.
by gmd63 4y ago
The government most of the time is acting on the behalf of the people who elected them. There are plenty of rich people who have stolen their riches. Neither is a perfect "voice of the people" or "true meritocracy"
286.
by gmd63 4y ago
Whether an VC firm engages in subsidies for its clients or whether a government engages in subsidies for its electorate, money is being spent to distort market prices and that adds friction to accurate market pricing. It's weird to ide
287.
by gmd63 4y ago
when you skew the incentives in the economy such that people focus on developing skills that are based on artificially juiced things that aren't actually that valuable (see Axie Infinity) it's bad for folks' livelihoods long
288.
by gmd63 4y ago
There really should be a law against this. It's jarring to the economy to confuse people with artificial prices when your sole goal is to snap a customer base into some long term reliability on a platform or product that isn't nec
289.
by gmd63 4y ago
I think you can generalize even further and say that this story applies to most companies flooded with investor capital. Take Uber for example. The VC subsidies convinced a significant portion of people to upend their lifestyles and attempt
290.
by gmd63 4y ago
No, code actualizes the intent of the documentation and the product. The natural language description of a product shouldn't need to be discarded in lieu of some machine language. The lingua franca of ideas is natural language.
291.
by gmd63 4y ago
Lack of organization to that degree is an indicator of failed leadership
292.
by gmd63 4y ago
It's pretty acrobatic to shift the weight of the blame onto a justice system that is accurately holding a criminal accountable, from a psychopathic mother who could have used the cruel and unusual tactics of having a kid to avoid legal
293.
by gmd63 4y ago
That's quite a stretch to compare, as taxes are derived from rules for the economy that everyone collectively votes on. Everyone benefits from collective projects run by the government to some degree, and a tiered tax system also count
294.
by gmd63 4y ago
A fear of mine is that competitive gaming will usher in a new fascism based on "rank" -- sort of as you're displaying here. I was in master league when I played Starcraft competitively, so I don't discount the real lesso
295.
by gmd63 4y ago
Calling out blatant disregard for law from a foreign company can unite people with clashing views domestically, and isn't prohibiting doing what you suggest.
296.
by gmd63 4y ago
There's a Patreon link in the top right on his blog
297.
by gmd63 4y ago
What is "brilliant" about faking a car moving with the intent of misleading your investors, who are redirecting to you vast amounts of wealth from more deserving companies that would make society a better place? You're steali
298.
by gmd63 4y ago
Bubbles don't just happen in finance. They happen in biology.
299.
by gmd63 4y ago
The finance industry argues publicly that it's responsible for funding the sciences and the study of Old Nature while it builds an opaque jungle of New Nature in which it preys on other humans. When the "losers" wise up to wh
300.
by gmd63 4y ago
People out there aren't planning to avoid struggling to live during the crash, while people here are planning to avoid struggling to buy a second home after the recession. Who should be rewarded? It's complicated. I tend to agree

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