jowea

30 ms·

541.
by jowea 3y ago
Even without touching customer funds the FTT token thing seems quite wrong to me. And based the infamous Matt Levine interview, it was at best a legit ponzi exchange, according to what Sam himself says about the things being traded there.
542.
by jowea 3y ago
> Maybe after enough people lose everything, they'd learn that banks are dangerous and would stop putting their money in them. With less capital in banks, there would be less loans and credit. That means less inflation. Less planet-
543.
by jowea 3y ago
> The government should stop bailing out banks every time they screw up. I think the bank runs become extremely contagious if you do that, affecting the whole economy. > Otherwise they might as well bail out Tether. What's the di
544.
by jowea 3y ago
I'm no expert but from what I understand SVB didn't do everything right. Failure of risk management. Invested too much in long-term securities in search of higher rates than short-term securities when interest rates were already l
545.
by jowea 3y ago
That Norwegian mass-shooter complained about not having the latest Playstation once IIRC.
546.
by jowea 3y ago
Do we know the details of the jury selection? I heard the lawyers only have a limited number of arbitrary strikes, maybe they spent them all on other jurors even worse for their position.
547.
by jowea 3y ago
Wasn't FTX.US a thing?
548.
by jowea 3y ago
I think everyone being brought whole is restitution. Justice is what a judge hands out.
549.
by jowea 3y ago
What part of consequentialism tells you anything Sam from getting involved into cryptocurrency to going on a media tour did was a good idea?
550.
by jowea 3y ago
A bunch of average people who put their money into FTX too. Consider all the advertising.
551.
by jowea 3y ago
Does that work? I mean, he could plea guilty just to save some lawyer expense for his parents but I don't think he had a better choice than going for a hail mary.
552.
by jowea 3y ago
The right place to go in this case is probably the sort of place that will take your money and not extradite you. I heard the United Arab Emirates helps. Maybe Hong-Kong?
553.
by jowea 3y ago
He also did a media tour after things blew up instead of just shutting up, which from what I gathered isn't the best idea for staying out of jail. Real overconfidence in his charisma? The fact that he did this instead of executing a pl
554.
by jowea 3y ago
Legislators are at least supposed to consider different positions, interests and consequences and decide in the interest of the citizenry. Courts are supposed to just look at the law and precedents. And I meant novelty for AI in general. Th
555.
by jowea 3y ago
Honestly this whole article makes me feel Luddites were actually proto-socialists, even if they hadn't figured out exactly how they wanted things to work instead.
556.
by jowea 3y ago
The modern defence of the Luddites is that they didn't want to destroy the machines forever, it was just a protest tactic.
557.
by jowea 3y ago
Total guess but this may be their best hope. Assume the most favourable scenario for future AI, with it being more or less able to replace actors. What do the Hollywood actors have? The prestige of Hollywood and tradition. Their best hope m
558.
by jowea 3y ago
I don't think the quote says that you're born great, just born gifted. You believe everyone on the street could be a great artist, football player, or software engineer. and with the same amount of effort?
559.
by jowea 3y ago
Less feasible to be a professional artist with a good chance of having a large audience yes. But I wonder if it will be like with hand-sewing and become a hobby. Or there will be a sizeable audience that will demand human made art for whate
560.
by jowea 3y ago
I think they said that too about standardizing schooling, mass media, mass communications, standardised national languages. Also, the real tinfoil hat is our AI overlords changing our language into AI-newspeak.
561.
by jowea 3y ago
That would be letting the courts interpret how the existing law applies to a new situation through. They may decide something that is not ideal.
562.
by jowea 3y ago
Alternatively, when the ad-supported sites crash, the space in the marketplace they were filling will be filled by either pay-to-use commercial sites or by free non-profit sites.
563.
by jowea 3y ago
Didn't know HN was so feminist! https://en.wikipedia.org/wiki/Feminist_economics#Exclusion_o...
564.
by jowea 3y ago
Tell me with a straight face that politicians, the media and people in general don't obsess over GDP growth.
565.
by jowea 3y ago
Think of how funny it will be when you send out a social engineering training test email with that URL to your company and see who falls for it.
566.
by jowea 3y ago
> This is exactly the kind of "baby with the bathwater" thing that bothers me - when I hear "earning to give" I don't think of SBF, or LessWrong, or even Slate Star Codex - I think of Peter Singer, or Will McAski
567.
by jowea 3y ago
If those chats had hundreds of thousands of followers surely it was just public information in there.
568.
by jowea 3y ago
If your house is big enough you can talk to the domestic servants for company through.
569.
by jowea 3y ago
> I really don't understand the hate boner everyone has for effective altruism - the whole core of the idea was just to choose charities that get the most value for the money donated I admit to not doing in depth research but suspec
570.
by jowea 3y ago
Not everyone gets a top notch lawyer and money for bail through.

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