lordnacho

7 ms·

91.
by lordnacho 7mo ago
But he already explains why it won't work at the beginning. If stuff is cataloged according to a pop paradigm, why would we expect to be able to reassemble it according to a classical one? Presumably a pop DJ would also mess this up. I
92.
by lordnacho 7mo ago
But it's not clear to me that medical and education are good examples of cost disease? For instance, technology means cancer is more easily treated that it was in the past. Education, I'm less sure about. A lot of the tech there i
93.
by lordnacho 7mo ago
I think he means that when you go to watch the symphony orchestra, you are going to watch a bunch of people sitting with their instruments, manually playing them. There is no way to separate this process from the product of the process. You
94.
by lordnacho 7mo ago
You're absolutely right!
95.
by lordnacho 8mo ago
This is a great business plan. Since downdetector has been bought, we can make a new site, where people can bet on what sites will be down. The whole market can be automated fairly easily to check whether a given website is responding. This
96.
by lordnacho 8mo ago
Mine still runs like the first day I had it. There's basically nothing that is limiting me with the machine as it is, everything is just me being slow to code. I don't see why I need a new computer at the moment. In the past, I al
97.
by lordnacho 8mo ago
> If you start calling everything fascism Ok, but who is calling everything fascism? He's talking about one particular country at a particular time.
98.
by lordnacho 8mo ago
> Firms are just other people. Firms aren't people. They are artificial constructs that we invented to solve an organizational issue a long time ago. Some aspects of natural persons were emulated in corporation law, but a lot of the
99.
by lordnacho 8mo ago
I wonder if you could test this. Maybe someone has a longitudinal study where they check what people thought they liked to do as kids against what they do as adults.
100.
by lordnacho 8mo ago
In some way this could be the most important course. You don't appreciate it when you're studying, because obviously it sounds a bit soft. But when you're learning how something works, often the thing that stops you isn'
101.
by lordnacho 8mo ago
It's notable if he learned Greek and Latin from books. Being classical languages, it sounds that way. Most people who learn three languages as a kid are surrounded by other speakers, not books.
102.
by lordnacho 8mo ago
> what cant be argued is that the US is the most successful political body in world history You can very much argue about this. If you've ever had the task of writing an essay about the nature of success, I don't think you woul
103.
by lordnacho 8mo ago
Congress is largely the wrong people though. What sane person would build a system where getting elected requires you to be rich? Where a primary system ensures everyone elected is not roughly in the center of opinions?
104.
by lordnacho 8mo ago
I think it's designed that way because it wasn't originally seen as one country, more as a federation. Even by the time of the civil war, Robert E Lee decided he was Virginian ahead of his national identity. If you have a bunch of
105.
by lordnacho 8mo ago
> they were just acting as a middleman This is no excuse. If they knew this would be a business, being a broker of such deals would be sure to make them money.
106.
by lordnacho 8mo ago
How is it that the form of government comes up so often when discussing the decisions of ordinary people? I would think for most people, you care about whether you can fit economically before you consider something that is unlikely to matte
107.
by lordnacho 8mo ago
It's not that easy to block someone. It's easy to block a particular account, sure. But there are now people who purposefully make a bunch of accounts to spread lies. > that unless social media has a mechanism to promote civili
108.
by lordnacho 8mo ago
There's a huge problem with the media landscape. It's similar to the junk-food problem, or gambling, or addiction to drugs. We've made a society where "number goes up" is the only measure of success. We don't c
109.
by lordnacho 8mo ago
I liken it to being an author. You want to write a book about people's deepest motivations. Formative experiences, relationships, desires. Society, expectations, disappointment. Characters need to meet and talk at certain times. The pl
110.
by lordnacho 8mo ago
I don't know how nobody has mentioned this before: The guy with 100k will end up rewriting the rules so that in the next round, he gets 105k and you get 5k. And people like you will say "well, I'm still better off" In fu
111.
by lordnacho 8mo ago
The real question is whether the boom is, economically, a mistake. If AI is here to stay, as a thing that permanently increases productivity, then AI buying up all the electricians and network engineers is a (correct) signal. People will ta
112.
Chomsky Hierarchy(en.wikipedia.org)
1 points by lordnacho 9mo ago|0 comments
113.
by lordnacho 9mo ago
I love how HN always floats up the answers to questions that were in my mind, without occupying my mind. I, too, was reading about the new Epstein files, wondering what text artifact was causing things to look like that.
114.
by lordnacho 9mo ago
Pretty amazed to be on the list at all.
115.
by lordnacho 9mo ago
If memory serves, 1980 was the time of the silver corner by a couple of brothers.
116.
by lordnacho 9mo ago
This is exactly how I felt when studying management as part of ostensibly an Engineering / Econ / Management degree. When you added it up, most of the hard parts were Engineering, and a bit Econ. You would really struggle to work
117.
by lordnacho 9mo ago
No, the feedback loop isn't closed. The fish customer just keeps handing his spread to his favourite sales guy. I've witnesses this several times, some trader always uses the same relationship, irrespective of cost. I've seen
118.
by lordnacho 9mo ago
> The salesman can't tell you how to hedge the product. If you can't hedge you will lose that 5% upfront pretty fast. > You need quants and sales and trading. Which is why all banks have all three. I don't think anybody
119.
by lordnacho 9mo ago
Options, Futures, and Other Derivatives by Hull, that's the classic. Not sure how exotic he gets but likely the page that sells this book will have other options books. I think there's one by Espen Hauge about exotics. Relevant bo
120.
by lordnacho 9mo ago
I started my career in derivatives. Mostly vanilla, but I did have a look in the exotics. Intellectually, it's interesting when you start. There's all these weird payoffs that you are introduced to, and it feels like a game. The t

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