jcfrei

17 ms·

211.
by jcfrei 3y ago
Switzerland has also liberal labour laws and people can usually get fired with either 1 month or 3 months notice. This kind of flexibility in the labour market is clearly an advantage because the US and CH have some of the highest salaries
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by jcfrei 3y ago
Not a big fan of how the history of the euro played out but I think I need to provide some nuance to your claims: Policy of the ECB has been as predictable as any other CB, European Govs have become much more fiscally prudent in the wake of
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by jcfrei 3y ago
A more sensible form of money rather than current fiat currencies would be some token representing like a fraction of a global (investment grade) bond portfolio. Of course central bankers wouldn't like that idea because it would limit
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by jcfrei 3y ago
Not sure if you are trolling but are you alluding that the US population has healthier teeth? The "difference you see" is most likely just the much more widespread usage of bleaching in the US (which actually worsens the health of
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by jcfrei 3y ago
In traditional European fashion the EU is again likely to crush any emerging European AI venture with overburdening regulation while companies in the US flourish. For decades now the American approach of wait and see has proven superior (wi
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by jcfrei 3y ago
The kind of microtargeted ad campaign you describe is something that's been available for a long time - especially on social networks like facebook, instagram, etc.
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by jcfrei 3y ago
Google is trying to reintroduce its core business model (advertisers competing in an auction for website real estate) into a new product. ChatGPT has shown that a different business model works as well: People actually paying for a service
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by jcfrei 3y ago
Here's another possible cause that I don't see mentioned: The spread of the internet removed a lot of the mysticism surrounding births and allowed any woman to look up how it's really going about. Some might simply not want t
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by jcfrei 3y ago
They will definitely have a monopoly for the next 10 years. But beyond that I doubt it - economies of scale don't matter that much (yet) in rockets which gives other companies a chance to grow.
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by jcfrei 3y ago
Most money market funds will only invest in very safe and short term debt - ie. government debt. So the money ends up again in a bank - but usually that's one of the big commercial banks or the central bank.
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by jcfrei 3y ago
Thanks for reminding us that there are only a few real engineering professions. Reminds me of the Hemingway quote that there only three real sports: Motorracing, mountaineering and bull fighting - the rest are just games. No seriously that
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Europe’s Air-Traffic Agency Under Attack from Pro-Russian Hackers(wsj.com)
1 points by jcfrei 3y ago|0 comments
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by jcfrei 4y ago
Better give up now as a scientist so you got an early lead into becoming a chef. Or one of the other jobs where a human touch is still valued.
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by jcfrei 4y ago
> How is that true? I’m not following. They need dollars to buy imports and with strong dollar it’s harder to buy imports for same exports. Take Turkey as prime example currently. On a net basis they are exporters. Meaning (again on a ne
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by jcfrei 4y ago
You seem to be conflating some issues here: On one hand the strong dollar has held back the US economy because it made it less competitive with lets say German exports (which are sold in euro). On the other hand the strong dollar has been g
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by jcfrei 4y ago
This is likely due to the end of the zero-fee trading promotion in the BTC pairs ( https://www.binance.com/en/support/announcement/binance-laun... ). It ended on the 22nd of March.
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by jcfrei 4y ago
Amazon (like every other big company) has raised billions with bonds that they will eventually need to refinance at higher rates.
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by jcfrei 4y ago
No, the 100B CHF is just to bridge the liquidity. If they didn't provide this then Credit Suisse might need to sell a big chunk of its bond portfolio for further withdrawals - which would incur a big loss compared to holding the bonds
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by jcfrei 4y ago
> So in some sense the huge influx of these new residents (typically with high-paying tech jobs) are pushing out the parents and grandparents (and not bringing their own extended families anyhow) Assuming they are renters, how does that
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Scaled Numbers(crockford.com)
2 points by jcfrei 4y ago|0 comments
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by jcfrei 4y ago
There's a natural limit to size due to the square-cube law. An increase in height leads to a cubed increase in mass which means they are pretty quickly too large and require too much energy to sustain themselves.
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by jcfrei 4y ago
Counterpoint: Alien life will probably look very similar to life on earth. If you look at evolution then countless species have evolved into something crab-like: https://www.youtube.com/watch?v=wvfR3XLXPvw Turns out that th
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by jcfrei 4y ago
Police budget for Berlin (similar in size to LA, at 3.5M inhabitants) is about [0] $2 billion per year - that's for a region with much lower salaries than the US. They employ more than twice the number of police officers (26k vs 12k in
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by jcfrei 4y ago
All these terrible experiences people vent about the American police force largely have to do with the fact that it's completely underfunded and poorly trained. In the US the average time to become a police officer is around 600 hours,
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by jcfrei 4y ago
On a yearly basis they are still down about 4% in revenue from advertising and apps and down 17% in the reality labs section. Their business is just shrinking less quickly than investors feared.
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Intel shares drop on weak guidance(cnbc.com)
1 points by jcfrei 4y ago|0 comments
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by jcfrei 4y ago
Doing excellent work doesn't automatically mean you earn the company any money. It's one of the harsh realities of capitalism that you can do an absolutely shitty job and still earn your company a ton of money (and have job securi
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by jcfrei 4y ago
If you're trying to solve a problem (whether in life or business) and you keep forgetting some of the constraints as well as options then you're not going to come up with a good solution.
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by jcfrei 4y ago
Tesla Long Range (573km) and Mercedes EQS (566km) are basically on par. Here's a good overview by independent testers: https://docs.google.com/spreadsheets/d/1k1DOw-NwvW8E8tQeXlac...
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by jcfrei 4y ago
Yes, 100%. Capitalism is like a gigantic genetic algorithm. 100 people try 100 slightly different business models, in slightly different places, with different customers, etc. and some combinations just hit that sweet spot that makes them s

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