neural_thing

9 ms·

91.
by neural_thing 3y ago
Singapore has criminal liability for software malfunctions. I don't think they've sent anyone to jail for a software bug yet, but the law allows for it.
92.
by neural_thing 3y ago
Their 2021 revenue is $12M. We don't know their 2022 revenue. Your numbers are just wrong. Source: https://www.sec.gov/Archives/edgar/data/1783191/000167025423...
93.
by neural_thing 4y ago
I like Amplitude's product A LOT. But it has always seemed to me that they had too many customer relations (upsell) people whose job was to waste my time.
94.
by neural_thing 4y ago
Unfortunately, it's a rational response to Twitter's algos. They heavily downrank tweets that are just links as they want people to stay on the platform.
95.
by neural_thing 4y ago
Not in Singapore! Very different things happening here. Then again, 80% of the country lives in public housing.
96.
by neural_thing 4y ago
Value for money, hard to beat Colab Pro if you're just learning.
97.
by neural_thing 4y ago
Great resource. Wish more CS-related educational content was made in a similar way.
98.
by neural_thing 4y ago
Like, for real, look at the chart in your link. It shows agency debt as being much smaller than Treasury notes and bonds.
99.
by neural_thing 4y ago
<7%? You must be REALLY misreading the data. China now holds <$900B in treasuries. Their official reserve number is over $3T, I'd argue it's probably $1.5T. It's never gone as low as 7%, not even close lol Source on chi
100.
by neural_thing 4y ago
Also, people here REALLY misunderstand why China is doing the things it's doing. Their FX reserves are running perilously low. They are looking for ANYTHING they can do to get foreign cash. I'm hearing rumors that they are the one
101.
Towards Acting AI(sergey.substack.com)
1 points by neural_thing 4y ago|0 comments
102.
by neural_thing 4y ago
The SNB provided government guarantees to the tune of 260B Swiss francs. That's a bailout.
103.
by neural_thing 4y ago
I understand that that's a scary number, but definitions are important. There is no $600B of worthless bonds. There is $600B of unrealized losses. The bonds are worth something. Moreover, unrealized losses are not leverage. Banks in 20
104.
by neural_thing 4y ago
The vibes are similar to early 2008. But the financial structure is different. Banks are not overleveraged. Housing is not all adjustable rate. That being said, easy to see weakness. Commercial real estate is a big one. I'm somewhat co
105.
by neural_thing 4y ago
And now Credit Suisse is pushing back on the deal. Is anyone else reminiscing? https://www.nytimes.com/2008/03/24/business/24deal-web.html
106.
by neural_thing 4y ago
"UBS has also insisted on a material adverse change that voids the deal if its credit default spreads jump by 100 basis points or more, they added." Sounds like they want a way out of this deal.
107.
by neural_thing 4y ago
True, true, but I don't want to take zero risk. I want to take some risk. For example, I do own short term Treasuries, but I want to borrow against them to short some stocks I don't like. And as soon as I have a margin account, my
108.
by neural_thing 4y ago
Lehman had assets of ~4% of GDP and was a pure investment bank. JPM has assets of ~15% of GDP and has 66 million household clients. I'll take the odds that it's too big to fail.
109.
by neural_thing 4y ago
Or just use a Too Big To Fail bank. The government will never allow JPM/WF/BofA to go under, that'd wreck the economy.
110.
by neural_thing 4y ago
Needs? The bureaucracy is expanding to meet the needs of the expanding bureaucracy.
111.
Communication Protocol for a Generative Age(sergey.substack.com)
2 points by neural_thing 4y ago|0 comments
112.
by neural_thing 4y ago
Computers are employed by trained professionals appropriately in military contexts. The public does not need access to computers for this to happen.
113.
by neural_thing 4y ago
EVE online also has mad scaling through time dilation
114.
by neural_thing 4y ago
It will have crowdsourced moderation, which, IDK, might not be better than OpenAI or Microsoft or other BigCo moderation.
115.
by neural_thing 4y ago
Great Expectations and Datafold
116.
Google is Leading the AGI race. But can it win?(sergey.substack.com)
8 points by neural_thing 4y ago|0 comments
117.
by neural_thing 4y ago
CEOs work for the shareholders not for the employees. Over the past 2 years, GOOGL is up 3% while QQQ (benchmark) is down 11%. Why would the shareholders want to fire Sundar Pinchai? It's weird to me that people don't take the sli
118.
by neural_thing 4y ago
Is that true? I'd guess that Thai medicine is a lot cheaper. I have digital nomad-style insurance and I kind of assume that my co-pays will be less than those in the US. American Healthcare is crazy expensive. Anecdote: I once got sick
119.
by neural_thing 4y ago
As organizations grow, they do things not because they are good for the org, but because they are good for someone's career ambitions. Things get markedly worse when you jump from 3 levels of the hierarchy to 4 and get middle managers
120.
by neural_thing 4y ago
Best theory I've read about why large organizations suck: https://www.lesswrong.com/s/kNANcHLNtJt5qeuSS Warning: long.

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