mgraczyk

57 ms·

931.
by mgraczyk 4y ago
VDFs, zk-STARK/SNARK, Verkle trees, coinjoin, taproot, ... There are hundreds and some are already used outside of cryptocurrencies. In 20 years many of them will be. As a person with a background in distributed systems I'm parti
932.
by mgraczyk 4y ago
You're confused about the difference between "something having value" and "something being revolutionary and universally transformative". People buy vitamins, that is a fact. From walgreens or CVS. I do not buy vita
933.
by mgraczyk 4y ago
Regardless of where you stand on the value of financial products, undeniably the technology was enabling. I'm not a luddite, so I put a nonzero value on all new enabling technology even if in practice the technology is currently not us
934.
by mgraczyk 4y ago
I built an ICO platform that allowed companies to raise funds and I did not escrow the money or get approval from any financial institution. We operated outside the US. It would have been impossible to do anything remotely similar in terms
935.
by mgraczyk 4y ago
Chase has been doing BNPL for around 2 years (My Chase Plan). It's a different UX than other BNPL like affirm, and they don't own a spot in the conversion pipeline so I think long term that will hurt their ability to compete. I&#x
936.
by mgraczyk 4y ago
Believing that the technology is worthless is just as naive as believing the space should have $2T in capital. There are tons of interesting things you can do with cryptocurrency and blockchains. Most are financial products, but some are ju
937.
by mgraczyk 4y ago
The web is only bullshit if you use bullshit websites. I get nearly all my news from wikipedia or twitter. Neither of them take more than 1s to load for me.
938.
by mgraczyk 4y ago
I would immediately quit any company that does universal paycuts. I assume the execs would also leave if you cut their pay more than they can get elsewhere. Best solution is to hire better next time, and fire underperformers or entire produ
939.
by mgraczyk 4y ago
But that's just wrong and you'll misunderstand offers if you compare them that way. Your coffee shop also won't accept the cash in your bank account. You have to transfer it to them somehow. There's very little different
940.
by mgraczyk 4y ago
If the stock is liquid when it vests, then this is not a good way to analyze your compensation. Like it or not, part of your pay is in stock and you have to deal with the increased risk associated with it. Valuing the stock at 0 is wrong. V
941.
by mgraczyk 4y ago
I guess, but on the flip side there are potentially transformative positive applications that we already know about and have yet to discover. Fundamentally some people are more optimistic and risk-loving when it comes to new technology. I b
942.
by mgraczyk 4y ago
> It will be intimate con artistry at scale driven by big data, a massive DDOS attack on human cognition and our ability to conduct any form of honest discourse. This is an unfounded fear. For one thing, if the value in doing this is hig
943.
by mgraczyk 4y ago
> I personally don't think any of the companies with significant AI research is actually doing anything meaningful in terms of safety I assume this is just speculation on your part? Do you have any reason to make that claim? I perso
944.
by mgraczyk 4y ago
Alternative hypothesis for which I have at least as much evidence: Because of large language models, detecting Fake News becomes trivial and cheap. Building and doing inference on language models is too expensive for most attackers, so they
945.
by mgraczyk 4y ago
But nobody is failing to take the risks seriously. The people who actually work on these models understand the risks far better than the outside ethicists. I work on ML in research. Reading their work is like listening to a drunk relative a
946.
by mgraczyk 4y ago
Really concerning to me that people find the luddite argument so persuasive and that it gets so much play in the press. The crux of the argument from the outside "ethicists" quoted in the article is something like. "This new
947.
by mgraczyk 4y ago
But even in San Diego, it seems there isn't enough freshwater to support a population nearly as large as the city has. From a quick search it looks like SD imports something like 80% of it's water. I think Las Vegas is not really
948.
by mgraczyk 4y ago
The web of old was inaccessible to 99.9% of the world. Most people do not want what you're looking for. You can find it by diving deeper and searching differently.
949.
by mgraczyk 4y ago
Would you mind linking to the port?
950.
by mgraczyk 4y ago
Plug for my team at Google. One of the cool things in the Pixel camera is an "astrophotography mode", which takes far more pictures than normal with longer exposures. https://ai.googleblog.com/2019/11/ast
951.
by mgraczyk 4y ago
Edit: comment deleted
952.
by mgraczyk 4y ago
Sure that makes sense, but it's irrelevant. We weren't talking about working more vs working less or working on meaningful stuff vs boring stuff. We were talking about working on things that are good for the company vs good for th
953.
by mgraczyk 4y ago
But actually it is ok. I've gotten used to it and don't notice. It doesn't harm me in any way
954.
by mgraczyk 4y ago
This is a common way of speaking in American English. For example "Hey earlier today you fell down, how's your elbow feeling?" "Not too bad, it's annoying but it's fine"
955.
by mgraczyk 4y ago
I have a QN90A, the ads are annoying but it's fine and it's a great TV overall. It's basically just a tiny banner ad at the bottom right of the home screen. Personally I take much bigger risks day to day by doing things like
956.
by mgraczyk 4y ago
But then you get paid less money.
957.
by mgraczyk 4y ago
Surprised the article doesn't mention Viral Eukaryogenesis, the hypothesis that the nucleus of Eukaryotes evolved from a virus. https://en.wikipedia.org/wiki/Viral_eukaryogenesis My understanding is that there is
958.
by mgraczyk 4y ago
Disagree that FB is a net negative, but it doesn't really matter since FB came over a decade later. I doubt MSFT antitrust would have had any predictable effect on anything that far in the future. Amazon came just two years later and G
959.
by mgraczyk 4y ago
It's pretty hard to speculate with any certainty, but I suspect companies like Amazon and Google would have had much more difficulty growing if Microsoft had more power to control their access to Windows users. In the same way that Goo
960.
by mgraczyk 4y ago
As somebody who also built a crypto startup that facilitated payments (opentoken.com), crypto does not eliminate fraud. Merchants want fraud protection, they don't know how to handle it and aren't interested in taking on that busi

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