mempko

18 ms·

211.
by mempko 1y ago
Read The Dawn of Everything if you want to see all the possibilities. If there is any fact about human organization it's that there have been and continues to be a huge variety of forms. You just have to be creative enough to see them.
212.
by mempko 1y ago
Biggest issue is reporting posts is broken
213.
by mempko 1y ago
Companies are a legal fiction. They can be abolished as easily as they were created. We just lack any imagination to think of something different. That doesn't mean there isn't a better idea.
214.
by mempko 1y ago
On a related story. Tesla was saved by a $500 million bailout loan from the DEO loan office. Part of the agreement was that the US government would take a stake in Tesla UNLESS they pay back the loan ahead of schedule. That's why Tesla
215.
by mempko 1y ago
Wicked cool. Useful for single users. Any plans to build support for multiple users? Would be useful for an LLM project that requires per user sandboxing.
216.
AI is propping up the US economy(bloodinthemachine.com)
324 points by mempko 1y ago|440 comments
217.
Silicon Valley Is in Its 'Hard Tech' Era(nytimes.com)
9 points by mempko 1y ago|2 comments
218.
by mempko 1y ago
It's can't without an explosion of energy use. An explosion of economic activity will create an explosion of resource extraction and pollution. Since we are already going beyond many planetary boundaries we likely risk destroying
219.
by mempko 1y ago
High interest rates benefit creditors and hurt debtors. These companies hold a lot of cash equivalent assets (think bonds, etc). Their balance sheets only grew. High interest rates haven't hurt these companies, but instead fattened the
220.
by mempko 1y ago
Linux support please!
221.
by mempko 1y ago
I don't think people realize that at current growth rates we have only 60 to 100 years or oil left. Growth will obviously flatten and decline way before then. The age of oil is over folks.
222.
by mempko 1y ago
Gary is doing great work!
223.
by mempko 1y ago
This article does a great job explaining why "Number Go Up" rule is a problem. Matt is talking about inequality without saying inequality. The Number Go Up rule is why inequality is growing because it's about asset price infl
224.
by mempko 1y ago
Blender used to have a game engine. Which version was it removed?
225.
by mempko 1y ago
Missionaries vs mercenaries? Which company is releasing open source models? Please remind me I forgot.
226.
by mempko 1y ago
It's not always sunny in Philadelphia.
227.
by mempko 1y ago
The market goes up exponentially over time. It's a mathematical certainty. The reason giving away trading signals is even possible is because the market isn't efficient. But not only that, there are forces behind prices beyond jus
228.
by mempko 1y ago
Except past Elon didn't do Nazi salutes and was clearly spiraling on drugs. Past performance doesn't imply future performance.
229.
by mempko 1y ago
I don't know, but if I saw my boss do a Nazi Salute, I would definitely lose passion.
230.
by mempko 1y ago
I mean, SpaceX also knew it could be done since reusable rocket tests happened in the 90s.
231.
by mempko 1y ago
I love research like this. If you are interested in this kind of history, book Dawn of Everything by David Wengrow and David Graebier is an amazing book and imo completely destroys the unscientific narrative of human history they teach us.
232.
by mempko 1y ago
Because it was Trump's tax bill. It was a bad tax bill, and not only because of this. It further accelerated inequality.
233.
by mempko 1y ago
You have it backwards, inflation causes an increase in the money supply. When prices rise, it forces people to take on more debt causing an increase in the money supply. Those 2000 checks actually probably dampened inflation for a short whi
234.
by mempko 1y ago
You are wrong, Trump's 2017 Tax cut bill had a provision that kicked in that caused the layoffs. Engineers became more expensive because now companies had to amortize their costs over 5 years instead of immediately.
235.
by mempko 1y ago
Tesla was almost bankrupt when Musk went to the Department of Energy Loan Office and said he had an investment from Mercedes to get $465 million dollar loan to save the company. That singular act was why you even hear about Elon today. With
236.
by mempko 1y ago
It's not a zero sum game over the long term, but at any moment it certainly is. At any moment there is a certain amount of money and generally it gets redistributed to the wealthy. So it's mostly zero sum. Yes the pie grows over t
237.
by mempko 1y ago
Usually increasing money supply creates demand for new businesses. Under normal economic times this isn't inflationary because supply increases with growth in money. It's inflationary only if there are resource constraints (think
238.
by mempko 1y ago
How would swapping interest bearing money for non interest bearing money cause inflation? If anything it would force people to chase yields and you will get a boom in prices for other assets. But that money isn't going to be used to bu
239.
by mempko 1y ago
Bonds are just money that pays interest. If you exchange interest bearing money with money that doesn't return interest, you tell me what you think will happen.
240.
by mempko 1y ago
The government doesn't need to sell bonds, but does for practical reasons. It provides a safe asset for wealthy people and organizations. If you haven't realized, but banks only insure accounts up to $250k. There needs to be a saf

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