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throwaway34241
searching PlanetScale…
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31.
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throwaway34241
5y ago
Have you decided on a specific idea or are you interested in the space generally? I've been following the space pretty closely for few years now (tried most of the HW, doing development, etc). Right now the greatest number of users an
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throwaway34241
5y ago
Sure, there are definitely second and third order effects. Taxing shareholders may reduce the incomes of wealthy people, who have a higher savings rate, leading to a reduced national savings rate, higher interest rates and lower asset pric
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throwaway34241
5y ago
> increases the tax on otherwise cheap foreign import like from China The domestic currency is supposed to appreciate in value in proportion to the tax, so for example 1 US dollar buying 20% more Yuan, which cancels out a 20% tax (althou
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throwaway34241
5y ago
> Wouldn't a % taxation at source be more effective in retaining money inside the borders? If you're talking about taxing revenue and not deducting expenses like wages etc, yes that's basically how VATs work and they'
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throwaway34241
5y ago
The practical reason is that this would penalize smaller companies working together over large, vertically integrated ones. If company A sells an item for $10 and buys $8 in parts from company B, who buys $6 in parts from company C, the to
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throwaway34241
5y ago
Apparently it's also possible to address the issue of shifting corporate profits to tax-havens even without a large scale international agreement, using what's called a border-adjustment tax. [1] Basically, corporations have one p
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throwaway34241
5y ago
> I've only read it in Sapiens by YN Harari, and it sounded like a ridiculous idea written to provoke thought, not an actual opinion. "Yes, hunter-gatherers could starve on a bad year, and they sometimes got eaten by tigers, bu
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throwaway34241
5y ago
When people talk about the "corporate tax", they're talking about the tax on corporate profits, which belong to the shareholders. You could theoretically tax the shareholders directly instead when they receive those profits
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throwaway34241
5y ago
> In dependencies I import I want a perpetual v1 which doesn’t change over a decade and just slowly improves, not v31 - new improved rewrite this year! > Which this rule explicitly encourages. I agree with the first part (I'd muc
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throwaway34241
5y ago
Thanks for the correction, I should have used capital instead of reserves there.
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throwaway34241
5y ago
His wikipedia page goes into more detail on that front. Considered the top mathematician of his time (with also major contributions to physics and computer science), other world-class mathematicians and physicists being in awe of his abili
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throwaway34241
5y ago
> One might argue that if it is the central bank, or the goverment, that underwrites all the risk There are basically three groups of people that can shoulder the risk - the bank owners, the government, and people with money in the bank.
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throwaway34241
5y ago
The Fed's mandate includes keeping unemployment low, and its main tool for that (lowering interest rates) has the side effect of inflating asset prices. But what else can they do? The alternative (fiscal policy) is congress's re
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throwaway34241
5y ago
You're right, it's not a good example. I either forgot the context or didn't read it thoroughly enough when it was first written. I should get more familiar with the current state of AI, I've never been a long-run skepti
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throwaway34241
5y ago
Not to mention unless you print money everyone can't save money at the same time - so the "saving is good / debt is bad" intuition from the household analogy can't hold up mathematically. In reality, savings and deb
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throwaway34241
5y ago
> so it’s not a bad idea to err on the side of caution Over time it's gotten harder for me to figure out what the side of caution even is. If they are too aggressive in stimulating the economy, they risk inflation. If they are not
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throwaway34241
5y ago
For GPT-3, I think an example makes it clearer. When GPT-3 was asked the question [1]: > Explain the pun in the following joke: “What does Adult Swim call their physical retail stores? Brick and Morty.” It answered: > … The pun “Bric
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throwaway34241
5y ago
I don't remember where I read that, sorry. On the general topic though I can recommend Ray Dalio (a retired guy who founded the largest hedge fund), who has some pretty good free stuff online that isn't too jargon heavy. For exam
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throwaway34241
5y ago
Is there a specific reason you are against non-M4A type systems? As far as I'm aware Germany and France for example have universal health care but not single-payer. The issue in the US seems to be some people with good jobs have healt
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throwaway34241
5y ago
To clarify a bit, he didn't go nearly as far as Friedman did. As far as I am aware he was still in favor of public schools, dealing with health care separately, etc. And he proposed people with benefits currently higher than the UBI l
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throwaway34241
5y ago
Eh, I'll admit he probably does better than average among the tech crowd. But if polling is to be believed, he was one of the most electable (in a hypothetical general election) of the primary candidates last presidential election, so
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throwaway34241
5y ago
I like Yang. So much of politics feels like figuring out who to blame for all our problems - is it corporations / immigrants / the rich / the poor / other countries / the government etc. Yang's message about b
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throwaway34241
5y ago
From "Why not web": > I think the fundamental problem of the web is that its APIs are too high‑level. Frameworks like Flutter (at least one backend) [1] [2] and Gio [3] use low-level APIs like WebGL and WebAssembly. That might
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throwaway34241
5y ago
The the statistic that was bandied about at the time was 5hrs of TV a day on average, across all Americans. I don’t have a number for kids but of course they had more free time than working adults. That seems to fit with this recent data [
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throwaway34241
5y ago
> So the bankers kept all their profits and everyone else lost big. I believe the government actually made a profit on the bailouts (the TARP program), probably because they bought while prices were low. Not that there isn’t a lot to cr
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throwaway34241
5y ago
Modern phones have parental controls that let you limit app usage, of course that doesn’t apply to friends’ phones, but if they are socializing in-person with friends close enough to lend their phone at least there’s some level of child dev
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throwaway34241
5y ago
> Do kids used to watch MTV for hours daily in 90s? Not MTV exclusively, but yes I knew kids (in elementary school!) that watched TV for hours every day (although I didn’t grow up with that habit). Pretty sure the same hours-a-day thing
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throwaway34241
5y ago
Not to mention in the era I grew up in (before social media), people had pretty much the exact same complaint, except it was TV rotting kids’ brains (of course, there can be truth to both, but I’m skeptical the present era is uniquely terri
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throwaway34241
5y ago
> my example was to show that"both directions" are equally dumb and manipulative In my view, most people probably wouldn't have an opinion on climate science absent external influence, since they don't encounter it in
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throwaway34241
5y ago
> that are being manipulated for short-term profits by green-agenda-profiteers I kind of agree with the larger point about story telling vs evidence, but this cuts both ways. Your specific example about global warming vs climate change
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