setgree

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by setgree 4y ago
My advice is to repeat Warren Buffet's adage -- "only when the tide goes out do you discover who's been swimming naked" -- and adamantly deny that it has any non-literal meaning whatsoever. Warren was just telling us abo
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by setgree 4y ago
We learned about the fraud because of macroeconomic factors! inflation -> rising interest rates -> crypto less attractive [0] -> people ask for their deposits back -> company can't meet obligations -> company folds ->
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by setgree 4y ago
Totally! And this is why evaluating whether a movement like EA is good or not is really hard. In general, for hard questions like this, I take a “know them by their fruit“ approach, I.e. seeing how folks do on easier-to-evaluate ethics tes
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by setgree 4y ago
Thinking about the counterfactual for a bit: if EAs weren't EAs, who would they be? * Finance professionals who gave less to charity? * altruistic folks who gave to poorly validated charities? * Changemakers who decided instead to go f
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by setgree 4y ago
Trading is addictive. Like all forms of gambling, it lights our reward centers up. On decentralized exchanges, you pay each time you trade (gas fees and such). That cuts right through the endorphin rush. Centralized exchanges keep those fee
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by setgree 4y ago
Looks very nice! Do you know https://faroutguides.com/ (formerly GutHook)? They have offline-friendly paid maps of a lot of the largest scenic trails in America. I hiked the Appalachian Trail last year and FarOut was standa
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by setgree 4y ago
Context: I was leaving a startup (so as to avoid getting asked to leave), and I had a final lunch with a member of the C-suite. He had not exactly been my friend at work but at that point we were in the same boat. I expressed concern about
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by setgree 4y ago
This reminds me of management consulting. The consultants come in, recommend you fire 10% of your workforce, and when you pull the trigger you say, sorry McKinsey made me do it! Likewise, the recommendations made by the software are non-bin
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by setgree 4y ago
Great, happy to clarify. Glo is a fully-backed stablecoin, which means that for every dollar of glo that’s in circulation, we have a treasury of cash & cash equivalents equal to that amount. Some of that reserve is invested in short ter
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by setgree 4y ago
Which part could I have done better on? I interpreted the question as asking whether we grow the size of the pie or redistribute differently and i answered that the goal is to do both. Step 1 is to be a good (the best, ideally) stablecoin,
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by setgree 4y ago
i fully endorse the creation of this market on PredictIt but we're real people, have pre-existing reputations and social ties, etc. Our main funder is Sid Sijbrandij, CEO of GitLab, who's pretty integrally involved, whose reputati
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by setgree 4y ago
A bit of both. The long-term vision is to move (some portion of) economic activity onto a globally accessible stablecoin. We think this has potential to reduce friction in international finance & commerce, which will grow the economic p
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by setgree 4y ago
We note this elsewhere [0] -- and it's a fair rejoinder that we should probably include this on our actual website -- but if Glo reaches trillions of dollars of market cap, we're most likely operating in a world where we issue mul
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by setgree 4y ago
On the right track, but the core idea is: Glo is a stablecoin that crypto investors/regular folks buy that generates returns for people living in poverty. Glo gives money away through GiveDirectly, so the recipients get the money in th
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by setgree 4y ago
In my experience, the Ethereum foundation is very open to pull requests on its documentation. It helps that they’ve got a style guide for resolving potential disputes: https://ethereum.org/en/contributing/style-gui
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by setgree 4y ago
The comment I'm responding to said that professor salaries are "not acceptable" to ivy league and MIT grads. I think that's misinformed, and I provided anecdotal evidence to that effect ;)
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by setgree 4y ago
I'm thinking of friends who graduated from econ PhD programs, typically at around 29-30, and made 180-250K, depending on where they were hired. That's obviously not everyone, but the comment I'm responding to said that "
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by setgree 4y ago
The subtitle of this article is "‘Jarring’ study reveals hiring bias at US institutions." Trying to ascertain whether prestige leads to "hiring bias" is asking whether it has an independent effect on hiring. If prestige
319.
by setgree 4y ago
I have not been on a hiring committee — I actually failed my comprehensive exams partway through grad school which is how I ended up in tech :) — but your hypothesis sounds very reasonable to me. I’m just saying that we need a more careful
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by setgree 4y ago
At the very least, highly correlated :)
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by setgree 4y ago
You might be surprised by what faculty at the professional schools (and their near-equivalents, like Econ departments) make — think starting salaries in the 180-250k range at high-ranking R1 schools.
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by setgree 4y ago
Sure, I think it’s good to both first get the data on which scholars come from which schools, and I also think unpacking the social and political construction of prestige is a great research agenda. But to assess whether prestige is a sourc
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by setgree 4y ago
> “Accepting that prestige is a good measure of excellence means that we’re not looking into the history of how things became prestigious,” Gonzales says. The founding of elite US universities is “intertwined with exclusion”, she adds. F
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by setgree 4y ago
For context, Bloomberg's "Anyone Seen Tether's Billions?" is a fun read, and was discussed here: https://news.ycombinator.com/item?id=28784745
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by setgree 4y ago
It seems that "forgetting how confusing things are to newcomers" is one of the cognitive failure modes I encounter most often.
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by setgree 4y ago
Glad to hear it and welcome! (I am the author and I have gone the wrong way on the subway many, many times, maybe I am especially a doof ;)). I think maybe a better example would have been boarding the Red Line in DC, where both terminuses
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by setgree 4y ago
I think that essentially all the toothpastes for sale at CVS have passed a two-part usability test: squeezable and pleasant-tasting. It's true that usability might not provide the edge in a commodotized market; but passing some minim
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by setgree 4y ago
Absolutely; for instance one wonders if the LaGuardia team user-tested the handicapped bathroom stalls or merely designed them to code? But in general even user testing for the median/modal person would be a big step forward...
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by setgree 4y ago
Hi there, Right now, Glo the organization is still taking shape. As we formalize, we'll have things like a board of directors, and all the standard protections/checks that nonprofits have to stop them from being evil. Will that su
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by setgree 4y ago
agree with all that! But I think there's also a cultural component, where the folks who, e.g., designed the second avenue subway come from a different background than you or I, and ux testing just isn't part of their suite of &quo

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