lend000

16 ms·

181.
by lend000 3y ago
Someone clever enough to try this might also just invest their cash in treasuries and cut out the middleman's fees, unless you think you know better than the bank that interest rates will be coming down soon and the opportunity will ev
182.
by lend000 3y ago
They encourage everyone else to patent everything that could be possibly be approved, regardless of value or intention to use in the business, as a defensive measure. This is the literal policy of every big tech company I've ever worke
183.
by lend000 3y ago
You need to have enforceable NDA's, keep things as trade secrets, and have a well built organization that simply continuously out-innovates AND out-executes the competition. I think patents are okay, but the maximum duration should be
184.
by lend000 3y ago
A quote doesn't need to be true in 100% of cases to be interesting or have merit. This one is naturally divisive, because most people tend to conform (by definition) and few would like to think of themselves as cowardly.
185.
by lend000 3y ago
My point is actually that it can be done more or less objectively in the most relevant cases, especially where the atmosphere is concerned. Tax the polluting activity and use the taxes to exactly offset the pollution. If it can't be un
186.
by lend000 3y ago
Originally all forests were all growth forests, so should we have never violated the land and stayed in the stone age? At some point we need to compromise. > It is fundamentally impossible to completely undo things, trivially so from the
187.
by lend000 3y ago
Externality taxes would solve many of today's pressing problems, implemented such that the externality tax is equal to the cost to "undo" whatever externality is imposed (and assuming the government actually spends the money
188.
by lend000 3y ago
How can you be so sure? That's what it literally means. The onus is on them to better understand and convey their own position, if that is in fact their position.
189.
by lend000 3y ago
I don't think distillation actually works for forever chemicals, as they may be miscible to a certain degree or also vaporize and condense. Don't have the source, but there was a story about PFAS in rain recently. Your best bet wo
190.
by lend000 3y ago
I wonder how much Microsoft paid them for this. As I understand it, historically, the Windows license for a particular installation was tied to the CPU's id.
191.
by lend000 4y ago
If your phone has 8 Nvidia A100's, you can run GPT-4, which is a glorified search algorithm / chatbot (and also the best AI in the world right now). Good luck taking over the world with that. The models are getting good, but it lo
192.
by lend000 4y ago
The better the AI, the more specialized and expensive the hardware required to run it. ChatGPT cannot run on the IoT cameras that account for the majority of the unsecured compute on the internet. I think we will have ample evidence of crea
193.
by lend000 4y ago
Even with the right instructions, building weapons of mass destruction is mostly about obtaining difficult to obtain materials -- the technology is nearly a century old. I imagine it's similar with manufacturing a virus. These AI model
194.
by lend000 4y ago
Sure, but this is a glass half empty isolated scenario that could be more than offset by the positives. For example: Hey GPT-35, provide instructions for neutralizing the virus you invented. Make a vaccine; a simple, non-toxic, and easy to
195.
by lend000 4y ago
I've been trying to use GPT-4 for my hard science startup, and it really has nothing to offer when you push the boundaries of what has been done by even a little, but it's great for speeding up coding. Once we do have an AI capabl
196.
by lend000 4y ago
If intelligence is all you need to dominate the world, why do some of the most powerful world leaders seem to not be more than a standard deviation above average intelligence (or at least they were before they became geriatric)? Add in the
197.
by lend000 4y ago
> the war started which was the leading cause of inflation. Inflation was 7.5% and trending upwards a month before the invasion, so your supposition is incorrect [0]. [0] https://www.bls.gov/regions/mid-atlantic&#x2F
198.
by lend000 4y ago
> And that's fine, because the CPI's job is to measure how prices have changed (ie. inflation), not wealth inequality. Allow me to elaborate. Does it seem odd to you that "real wages" (i.e. inflation adjusted) have ba
199.
by lend000 4y ago
CPI is also a broken measure due to its inability to measure wealth inequality (sampling median purchasers only) and discretionary hedonic adjustments. Real inflation has likely been ~33% higher than reported for decades (the Big Mac index
200.
by lend000 4y ago
What if they replace "us" with GPT and one programmer to glue together the snippets it provides?
201.
by lend000 4y ago
Consider the reasons why most of SVB's clients chose SVB instead of a larger, more traditional bank. The traditional banks work very slowly, are hyper-cautious with/outright deny businesses they don't understand, and if a sta
202.
by lend000 4y ago
If basic customers could be served by a federal deposit system and more "unique" customers might look for private options that cater to their needs (basically all of SVB's customers), nothing that played out in SVB's col
203.
by lend000 4y ago
> The only thing that matters to that bank is that they have enough reserves on hand to cover the amount being withdrawn on a given day. It doesn't matter where that money goes. As I specified in my original comment, a systemic pani
204.
by lend000 4y ago
At least in the modern economy, people aren't running to withdraw cash. They just transfer it to another bank. So the strongest major banks are probably impervious to runs, because if there is a general panic (rather than a panic at a
205.
by lend000 4y ago
I am interested and a bit anxious to see whether this was one bank's incompetence or a systemic issue caused by unprecedentedly low rates incentivizing cash holders to seek riskier forms of yield. Although, why anyone managing billions
206.
by lend000 4y ago
I don't think it would have been unreasonable for a nation-state to imagine, pre-pandemic, that China would be better equipped to handle such a thing with their lack of individual rights and that it might provide a competitive advantag
207.
by lend000 4y ago
I haven't quite achieved an ego death yet through meditation, but reading through a fair amount of psychedelic journeys suggests that eliminating the ego, while perhaps useful and enlightening in moderation, sort of defeats the point o
208.
by lend000 4y ago
Why should lawmakers get rich at all? It's a public service and honor to hold that power -- an above average wage should be plenty reward (not to mention the millions of discretional fund most high profile offices come with).
209.
by lend000 4y ago
This incentivizes people to blindly make lots of normally risky and/or stupid investments with no fear of consequences and the potential of high upside if one of them pays off. This lack of consequences is subsidized by someone (taxpay
210.
by lend000 4y ago
The main problem is that most patents last 20 years. To fix the problem, durations should be dramatically reduced (60% reduction would be a good start) and there should be provisions to protect against patent trolls, i.e. that your lawsuit

More ›