netcan

23 ms·

241.
by netcan 5y ago
Quite tangential, but I always giggle at this version of time-is-money " I have already put 6+ hours into researching this idea; I would probably pay at least $400 to get that time back. " I understand the reasoning behind adoptin
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by netcan 5y ago
This is true and an important point. A state accepting anything in lieu of its own currency is basically adopting another currency. That said, "you can now use crypto for X" is kind of news. The principle of "can do X with Cr
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by netcan 5y ago
This is probably true, but it may not mean any less consolidation. Consolidation is a fairly easy bet to place though from a 2022 POV, so I guess GP (and I) are predicting cold during winter.
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by netcan 5y ago
I suspect Germany (and other EU countries) approach to debt is gonna be based in tricks and stuff over the next few years. A lot of the 90s era monetary economics that the euro is intertwined in has been collapsing as a dominant school of t
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by netcan 5y ago
>> I'm not sure profit is their only motivation here. Not disagreeing or trying to get capital P political, just giggled a bit at "not profit" being the ominous factor. "Only in it for the profit" is now, perh
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by netcan 5y ago
Idk... Top 5% rating cutoff for lichess blitz chess is currently 2200. That corresponds to the bottom levels of master/pro players in classic odb chess tournaments. A lot of pros play online, so benchmarking is decently reliable. &quot
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by netcan 5y ago
I almost think this is a moot question, though interesting to think about. The world, technology & online culture have changed so much over these years. I don't think submission/curation standards could have remained consist
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by netcan 5y ago
This is an important cliche to keep in mind, but the problem is that "games" play out. Incompetence can become willful or even strategic. Even if it doesn't start or develop as a mustache twirling plan, a year later someone m
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by netcan 5y ago
>> This could possibly be done with the help of curated bot-content, but I think we're far away from the point where this is really more profitable than getting students to do the work. It may be becoming borderline. I expect tha
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by netcan 5y ago
Economic viability depends on price. Where mining drives up prices, outcompeting other uses, it's driving out otherwise viable uses.
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by netcan 5y ago
Exactly. This isn't a general comparison of china to the US. It's a specific comparison of how bad data collection practices and the only (IMO) sane conclusion is that it's all quite terrible. One is not disconnected to the o
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by netcan 5y ago
OK... What's the case for lesser or greater. Bear in mind that we don't really know much about how our data is being used at any of these, either directly by the company or by security agencies in their home countries. US security
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by netcan 5y ago
Then what does it have to do with TikTok? If the underlying assertion is "ccp is evil," where and why does this relate to TikTok specifically? Why not every other item you are probably consuming? >> Say what you will about
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by netcan 5y ago
>> China is not a good faith operator. Who is? I don't mean to be trite or contrary, but TikTok is coming into an environment where norms are pretty damned shady. Google as you and the article say, also consume user data quite
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by netcan 5y ago
I wonder about early bronze age (eg Egyptian old kingdom) "management theories." IDK if I'm right, but I feel like the Roman era is not so different from the current era, or at least near-modern eras. They had accounting, gre
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by netcan 5y ago
>> The purpose of stock markets is to find the "correct" price for a stock. Is it? Who's purpose? The main purpose of an IPO is (was?) financing. IE, raising money for the company operations... like a bank loan, VC inve
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by netcan 5y ago
>> Schumpeterian creative destruction is an ideal. But the process of innovation it describes is well documented in the study of entrepreneurship, venture capital, new firm formation and the industrial dynamic of new entrance I'm
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by netcan 5y ago
Perhaps, but honestly, I think Schumpeterian creative destruction is... at this point, more of an idealistic take. It exists, but it isn't a permanent feature of the big fish economy that stock markets represent. There are processes li
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by netcan 5y ago
Smart contacts are always going to run into the problem of interacting with the outside world. An apartment exists in the outside world, so to have a smart contract for this, blockchain (or any digital) stuff isn't going to be sufficie
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by netcan 5y ago
$GME was always going to be a "Revolution That Wasn’t." Almost everyone playing knew it. IMO, it was kind of an exemplifier of postmodernism, used colloquially. All the "beat down hedgies" stuff was just part of the game
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by netcan 5y ago
So.. erm... It can be tricky looking back to younger years and wondering "what changed." Sometimes it's you that changed. Consider that Nazi Germany hosted an olympics. During the cold war, the olympics was a very lively prox
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by netcan 5y ago
I think on one side you have security. This means law enforcement, espionage and the increasingly relevant civil security industry. They have pretty straightforward "pro" interests. You also have child protection advocates. They,
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by netcan 5y ago
So... two thoughts. Thought one is that while personalisation can be really desirable to those who really desire it, it isn't desirable to most people for most things. Most people gravitate towards the easiest, quickest to understand o
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by netcan 5y ago
How do Revolut and Stripe leverage customer data? I suppose Stripe has some fraud detection, but I haven't heard of anything game changing. For Revolut, I can't really think of much. FB has the most targeting-centric ad business
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by netcan 5y ago
I haven't heard of any ethical issues in retail banking. What are they? Anyway, it's not usury if they eat breakfast with you.
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by netcan 5y ago
It's in a different league in terms of size, at this point. Also, FB bought Oculus. It has grown since, but most of where they are is on trajectory from the purchase. Meanwhile, VR as a whole is neither a big not profitable market. The
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by netcan 5y ago
Cheers. I can certainly see the criticisms mounting, if FB go financial. But, I also recall the many times FB withstood criticism. Criticism from users over product changes. Experts on privacy. Journalists and politicians on social issues a
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by netcan 5y ago
In some sense this demonstrates a point about key markets. Chromebooks have market share that's not important, beyond sales volume for a variety of reasons. It's a secondary machine, a non-work machine, a machine for the unsavy, e
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by netcan 5y ago
>>He made a school yearbook on the internet and copied some features from existing social networks like MySpace. Facebook was just in the right place... Well. That's the key point. Lots of people did social networks. Several had
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by netcan 5y ago
Microsoft, for all its flaws, has strengths. They're grittier than most and ultimately, know how to deliver software products and build businesses around them... very different products and very different businesses. Leadership was a l

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