ryandamm

9 ms·

31.
by ryandamm 1y ago
All these comments are acting like this is a major problem with VCs in general. Is this not a major problem with YC, specifically? Our beloved orange site funded and accelerated these guys.
32.
by ryandamm 1y ago
Cooling in space was covered by XKCD's Randall Munroe in pretty entertaining detail here: https://www.youtube.com/watch?v=EsUBRd1O2dU TL;DR... cooling in space isn't passive, you're on the "inside"
33.
by ryandamm 1y ago
You think that would be sufficient? Did you read the article? I did, and I have previously read an article in (iirc) The Atlantic about the screwfly program when it was working. It was a monumental effort to push screwflies back to the Dari
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by ryandamm 1y ago
Valid concern, but it seems like the glide path—continued carbon dioxide buildup and climate change—might eventually be worse than the unknown unknowns. (I suppose how one makes that decision is the challenge, hence the need for further stu
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by ryandamm 2y ago
Curious if anyone else reading this knows about the equivalent of US "pink sheets," publicly traded companies that have either never been listed or have been delisted due to low share price / market capitalization. Here in th
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by ryandamm 2y ago
This may not be a particularly popular opinion, but current copyright laws in the US are pretty clearly in favor of training an AI as a transformative act, and covered by fair use. (I did confirm this belief in conversation with an IP attor
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by ryandamm 2y ago
Would love to hear more from Argentinians! Thank you for your perspective.
38.
by ryandamm 2y ago
It has been significantly higher in the recent past. For fun, look up how Brazil tamed inflation by creating a fake currency it never actually issued. (Taking off so no time to look it up myself.)
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by ryandamm 2y ago
The money quote to me (as an American): “Milei has implemented these reforms legally and constitutionally...”
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by ryandamm 2y ago
As of right now, the comments on the Marginal Revolution blog are rather telling. Generally agreeing that the two situations are not remotely the same.
41.
by ryandamm 2y ago
Or to put it another way: extreme steps were probably required in Argentina to tackle a truly hidebound, rentier-dominated and corruption riddled government. Inflation expectations were strong and justified. Government deficits were out of
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by ryandamm 2y ago
Before anyone starts comparing to the US’s DOGE, let it be said that the two countries have virtually nothing in common economically. Argentina has a nearly century-long history of economic volatility alternated with stagnation, massive inf
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by ryandamm 2y ago
Yup… but it’s not necessarily in the same state if you do it twice. It’s close, but not identical. Even if the image metadata claims the focus point is identical, the lens in all likelihood is not in the same state and will have some deviat
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by ryandamm 2y ago
It’s open loop in that the measurement of it being in focus is reliant on the subject matter, and a different measurement. I’m not making this up, camera manufacturers have told me to my face that focus is open loop, period. They can’t guar
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by ryandamm 2y ago
A note of possible interest for this crowd: all these motor types are open loop, so you can't actually command a specific state with any accuracy / repeatability. In other words, if you send a signal to the lens to focus at, say,
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by ryandamm 2y ago
I like Varoufakis; watched a short video interview he did just a few days ago. I doubt he'd agree with geohot's take.
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by ryandamm 2y ago
Oh, and of course I read Patrick McKenzie: https://www.bitsaboutmoney.com And subscribe to Bloomberg's Matt Levine's "Money Stuff" newsletter and podcast: https://www.bloomberg.com/account&#x2
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by ryandamm 2y ago
I took Krugman's advice to read DeLong at one point and don't regret it, though he's not on my regular rotation: https://braddelong.substack.com
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by ryandamm 2y ago
I think you’re confusing correlation for causation. I trust a Nobel Prize winner has thought through it more deeply and integrated the causes and effects more than most random internet commentators. I am happy to report that “low interest r
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by ryandamm 2y ago
Krugman discussing the Internet might be like geohot discussing economics. Or are you referring to the fact that he said it didn’t show up as having caused growth in the underlying economic data? I think he was pointing out something quanti
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by ryandamm 2y ago
You’re describing Modern Monetary Theory (MMT), or really the parody of it that was popular in discussions online. Krugman actually generally felt it went too far, and was not a proponent of it. There is some similarity to his making fun of
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by ryandamm 2y ago
That was in response to the artificial debt ceiling. The coin was to be “deposited” and used a justification for why there didn’t need to be a vote to lift the debt ceiling for funds Congress has already allocated. Conflating that with Keyn
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by ryandamm 2y ago
I think this comment is a little bit reductive and conspiratorial, even if it gets first-order correlations correct. You don’t need a conspiracy, you just need a philosophy of small government and low regulation to let grifts expand through
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by ryandamm 2y ago
Yeah, there's a known problem with smart, technical people approaching fields about which they know very little. The analysis, to a third party, often sounds smart (the author is undeniably smart!), but without having expert context, y
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by ryandamm 2y ago
A more succinct point: the US economy looked really strong in mid-2008. Consumption was very strong, but it turns out that consumption was fueled by unsustainable debt. China has a serious debt problem in its economy. Not government debt li
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by ryandamm 2y ago
https://carnegieendowment.org/china-financial-markets/2023/0... I like Michael Pettis's analysis, though I'll grant you that the distortions he cites in the Chinese economy have gone on longer than he pr
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by ryandamm 2y ago
I don't think economics itself has gone wrong -- I think the US economy in particular has done a poor job of distributing the wealth it has created. Ironically, that has created a populist backlash that has vaulted even worse economic
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by ryandamm 2y ago
I do think there's some mutually-assured destruction here. If trade truly ends, I suspect it might end in a hot war, and no one knows how that would go. (Though to support some of the comments here, and the implied point of the origina
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by ryandamm 2y ago
The endpoint of this argument is pure self-reliance, for strategic reasons. And that endpoint is North Korea. https://en.wikipedia.org/wiki/Juche
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by ryandamm 2y ago
Or even better, The Economist's "Big Mac Index": https://en.wikipedia.org/wiki/Big_Mac_Index https://worldpopulationreview.com/country-rankings/big-mac-i...

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