ixvvqktiwl

6 ms·

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by ixvvqktiwl 6y ago
While I'm not necessarily defending Buffett, he (like everyone else) is playing by the rules. The problem isn't the people playing the game, it's the system itself and the rules of the game.
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by ixvvqktiwl 6y ago
The HN community has always been about finding ways to get rich. The startup/VC culture is entirely about getting rich. Pretending it's not is a big lie that SV has always perpetuated. So, naturally, people admire those rags to
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by ixvvqktiwl 6y ago
Probably the most obvious place to start would be to end programs like QE by the central bank, and replace it with UBI. Instead of giving free money to big banks and high net worth individuals, put that money directly in the hands of consum
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by ixvvqktiwl 6y ago
Yes, I include myself in that. The system doesn't work, and it needs to be reconfigured. We've listened to decades of BS from politicians and rich people on TV telling us we just need to work harder, but the truth. The more I lear
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by ixvvqktiwl 6y ago
This should surprise no one, the whole system is designed to move wealth away from poor people working for wages, into the hands of rich people who earn returns on capital. Surely this comment will get downvotes, but it's useful to lea
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by ixvvqktiwl 6y ago
Idk, it's basically been the same thing for as long as I've been following it, and I started around 2017. The only thing that's really changed is the number of subscribers has exploded. Here's the front page of WSB from
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by ixvvqktiwl 6y ago
Honestly I think the average IQ on WSB is pretty high, you just have to learn to sift through the junk. There are plenty of gold nuggets to be found. Also the memes are great. What's the point in life if you aren't having fun?
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by ixvvqktiwl 6y ago
Also check out r/investing or r/wallstreetbets, lots of free opinions on what's happening in the world.
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by ixvvqktiwl 6y ago
I understand you're trying to be funny, but I think insults are against the HN site guidelines.
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Platform Wars(brndn.io)
2 points by ixvvqktiwl 6y ago|0 comments
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by ixvvqktiwl 6y ago
This is somewhat off-topic, but I'm worried about closed ecosystems, the shift towards censorship, and the end of private ownership. Good examples of this are walled gardens that break basic web links (Twitter for example), or DRM-encu
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by ixvvqktiwl 6y ago
That's a good point. I think we need to have a better understanding about how the brain works before we can properly answer that question. At this point there's a lot we don't understand about the brain, and psychology for th
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by ixvvqktiwl 6y ago
I still find it odd that we call this "artificial intelligence" when it's advanced mimicry at best. There's no "intelligence" in the strict definition of the word, it's just elaborate pattern matching. But
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by ixvvqktiwl 6y ago
I appreciate your comment, even if it's unpopular. I agree that our priorities (as a society) are out of whack and not supported by the data. In my opinion I think we have much bigger problems than corona, but people are largely driven
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by ixvvqktiwl 6y ago
"tank home prices" - isn't the US supposed to be a free market economy? Price controls only exist in states with planned economies.
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by ixvvqktiwl 6y ago
I imagine many companies are doing this, only a small number have been caught. Some of them might yank the code before they get caught.
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by ixvvqktiwl 6y ago
People like Bezos have far more influence on shaping the world than most of us mere mortals, and they are not going to make it easy to redistribute wealth.
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by ixvvqktiwl 6y ago
The cool thing about debt is that you can make it go away by printing more money (which is exactly what the government does). Ever wonder why homes cost so much? It's inflation caused by cheap debt and money printing.
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by ixvvqktiwl 6y ago
Like others have mentioned, the current political atmosphere is one that seems to have embraced xenophobia, thus making it harder for talent to emigrate. If you can't move the talent to the work, you can move the work to the talent. In
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by ixvvqktiwl 6y ago
My guess is that most investors don't want to touch non-US companies.
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by ixvvqktiwl 6y ago
Maybe that was true at one time, but is it still true? I think China seems like the counter example, since these days China has been innovating much more rapidly than the US on many things.
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by ixvvqktiwl 6y ago
I don't know, that's why I'm asking. I have worked at a startup that used a firm in Ukraine which actually did really great work, however. It was perhaps more expensive than India, but still much cheaper than the US.
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by ixvvqktiwl 6y ago
I used to think this was a bad thing, but these days I'm not so sure. Assuming you can get the same (or similar) talent in India instead of the US, doesn't it make sense to do your development in a place where your money goes fart
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by ixvvqktiwl 6y ago
Fun fact: in some states they passed laws that make it illegal to pump your own gas just so gas station attendants wouldn't lose their jobs.
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by ixvvqktiwl 6y ago
Sounds like a boon for Mexico, good for them. I guess it's kind of satisfying to see these policies have the opposite of the intended effect.
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by ixvvqktiwl 6y ago
Location: New York (NYC) Remote: Yes Willing to relocate: For the right opportunity Technologies: recently been spending a lot of time working with Elixir, Phoenix, TypeScript, React, and Rust. I've worked with all the trendy tech&#x2F