rhelz

48 ms·

631.
by rhelz 3y ago
> Abraham is in that list, Yes, and one of the things Abraham did was take his kid out for a human sacrifice--because he saw god in a dream. Its one thing if you and I were talking with God, while a bunch of guys in lab coats were doing
632.
by rhelz 3y ago
> If your contract says you make $5000/month in salary, then why would the number of dollars decrease? Well, deflation means everything costs less. And "everything" includes wages and salaries, even yours. If we had 50%
633.
by rhelz 3y ago
Well, an influx of money can be a bad thing too: 1/3rd of lottery winners go bankrupt within 5 years of winning...I knew somebody who gave their kid a sports car on his 16th birthday...a week later he and his car were pulled out from
634.
by rhelz 3y ago
We do have way too much debt---and when we have too much debt, the inevitable result is inflation. Thank you, President Trump, for adding $8.4 trillion to the national debt and for financing the deficit by printing money. But that doesn&#x
635.
by rhelz 3y ago
> If the transition to a deflationary economy is slow and planned, If your money is guaranteed to grow in value--and without the risk of actually investing it--that would starve the economy of investment, which would reduce economic grow
636.
by rhelz 3y ago
Well, no matter how the 2% figure was arrived at as a matter of historical happenstance, 2% is actually a very good number to shoot for. First of all, a rate of zero would be ideal, but, lets face it, like any measurement, this is going to
637.
by rhelz 3y ago
> I do think we can pay off the debt. It would require an increase > in taxation that would cause an S&P 500 contraction. I was very worried about the huge deficits from the Reagan era. But when Clinton was elected, and he raise
638.
by rhelz 3y ago
Yup. Its an interesting example of deliberate ambiguity, and how useful it can be. This is why I don't like using "ambiguous" as a term of abuse. Ambiguity isn't inherently bad. Languages are ambiguous for a reason.
639.
by rhelz 3y ago
Well…Suppose I wrote an optimizer which could—-perhaps as some kind of return-value optimization, determine that we didn’t even need to construct such an object, but we instead could just pass along the values to the caller? If I never had
640.
by rhelz 3y ago
I think one of the reasons there are so many opinions is because people give different meanings to the words “faith” and “evidence.” Here is the difference for me: A teacher has two students, and she firmly believes they both can succeed i
641.
by rhelz 3y ago
That definition actually comes from the epistle to the Hebrews, Chapter 11. It’s a way, way less poetic way of saying “Faith is evidence of things not seen, and the essence of things hopes for.” And then the chapter goes on to give exampl
642.
by rhelz 3y ago
> you can quickly spin it… It’s really hard for me to see how any theology—or any text—could be any less ambiguous than any other. E.g. quantum mechanics is arguably the least ambiguous theory ever devised, because it gives results of th
643.
by rhelz 3y ago
> A 100% inheritance tax severely dis-incentivizes savings Sure, but how much value have we lost because talented kids didn't get the education they needed? How much are we being harmed right now because a mediocre, but wealthy per
644.
by rhelz 3y ago
"Autistic". You keep using that word, but I don't think it means what you think it means. Are we back in kindergarten, with name calling?
645.
by rhelz 3y ago
Why would anybody with above-median ability to acquire resources NOT want to live in a society where equal ability always means equal opportunity??
646.
by rhelz 3y ago
Recall, it takes years to build these fabs. Fortunately, people will be more likely to spend years in grad school training for these jobs, if they know that when they graduate there will be fabs to hire them. Rebuilding is a chicken and eg
647.
by rhelz 3y ago
If you think that is the bulk of what people in fabs do, well… obviously you aren’t a golfer.
648.
by rhelz 3y ago
chuckle Asking for further justification is always fair play, and I don't mind being checked....but I'm kind of a loss as to what to cite. It wasn't something I read in a book, it was lived experience. But, I mean when you
649.
by rhelz 3y ago
Anything which doesn't require a Ph.D. in solid-state physics to do must be automated, because only machines can handle/manipulate/transport the wafers with enough precision not to damage them.
650.
by rhelz 3y ago
Well, even back in my grandfather's day (he was a millwright for Ford) working on the line required more mental skills than most people realized. Remember when Elon Musk finally gave up trying to 100% automate his factories? He said
651.
by rhelz 3y ago
What would you do? Build two fabs and make $48 billion, or build two fabs and make $80 billion? It might be hard to remember now, but Intel was in the position NVIDIA is today: they could sell absolutely every x86 processor they could mak
652.
by rhelz 3y ago
> It is a net good for the economy [for individuals to improve their lives] I agree. If you've just inherited $25 million, it would still be better for you and for society for you to get a job--even a job paying $50k a year if th
653.
by rhelz 3y ago
Oh, its not a pseudo bailout. It's a bailout full stop. Doesn't mean its a bad idea.
654.
by rhelz 3y ago
You are forgetting two things: 1. All those happened after Andy Grove's time. 2. And when Andy Grove was at the helm, Intel did not miss opportunities like that. E.g. when Intel's memory chip business started losing market sh
655.
by rhelz 3y ago
You say: > It's also interesting that Intel made some specific bad technical choices. That's like saying Saudi Arabia made some bad policy decisions. If you are in Saudi Arabia, nothing has a higher return on investment than p
656.
by rhelz 3y ago
True, but Pat Gelsinger isn't a good example of what public policy we should pursue to help Joe six-packs enjoy a middle-class life. Gelsinger is one of the few people I would follow blindly into the maws of hell itself; his intellect
657.
by rhelz 3y ago
> Humans in fabs are taken out of the loop as much as possible. This. We are talking about Atom scale here. I have as much admiration for skilled mechanics as the next guy. I heard about a lathe operator at Patek Phillip who could tur
658.
by rhelz 3y ago
> Intel at the time wasn't interested in fabing ARM chips, and the rest is history. Fun fact, in the late 90's, Intel was the biggest manufacturer of ARM chips. I was there at the time, and I wrote lots of software to aid in t
659.
by rhelz 3y ago
If you are upset about somebody not wanting to take that $50k a year job because it would cost them a subsidy, just wait until you hear about trust funds and inheritance!! If you think losing a $20k subsidy is demotivating, imagine inheriti
660.
by rhelz 3y ago
> How did this happen in the first place? By not pursuing protectionist public policies. > the taxpayer is on the hook for $8.5B $8.5B is a big price tag, but whether the government should spend it or not depends on whether or not th

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