throwawaymsft

8 ms·

31.
by throwawaymsft 8y ago
Is wealth truly proportional to matter? How many physical resources are used when making software, music, art, theater, writing? How much wealth did the internet create and how much matter did it use? There may be a finite limit on potentia
32.
by throwawaymsft 8y ago
Banks will money into existence every time they issue a loan. https://en.wikipedia.org/wiki/Money_creation When I deposit $1k in the bank and you take a $500 loan, $500 is created out of nowhere. You are using my depos
33.
by throwawaymsft 8y ago
(As people use forests, others will notice and start making tree farms.) I don't see how it's inherently wrong for a CEO to take 10% of revenue and employees split 10%. And why do companies have a fixed pile: shouldn't an e
34.
by throwawaymsft 8y ago
The word 'allocate' presupposes a fixed pie that we're expected to split in a zero-sum game. That works for redistributing the fraction of wealth captured in taxes. But the parent's argument is about the process of accum
35.
by throwawaymsft 8y ago
Do I care if someone has 1000x the artistic talent I do? Is there a shared river of inspiration we're all drinking from? You seem to believe there's a fixed pile of money in the world that every human competes for (e.g., 16th cent
36.
by throwawaymsft 8y ago
This is one of the most important reasons for FIRE / FU money. It's not about drinking martinis on a beach, it's about not having your values held hostage to economics.
37.
by throwawaymsft 8y ago
> What justifies 30% of sales by app stores? Supply and demand. If you think you could sell 70% as much outside the store then go for it. How much do you think Amazon, Best Buy, Walmart and Target mark up their inventory?
38.
by throwawaymsft 8y ago
Additional meaning and connection are emotionally valuable (especially when rare or irreproducible). I assume you’d prefer to have Newton’s Principia, Turing’s papers, or your grandfather’s watch vs. a reproduction, even if the practical va
39.
by throwawaymsft 8y ago
Sounds like there’s a few objections: the book is so effective its techniques will be adopted by everyone, and the book is based on flawed survivorship bias so the techniques are unlikely to work.
40.
by throwawaymsft 8y ago
But is that a problem for the first passerby? Do you not read the book because the strategies won't work in perpetuity?
41.
by throwawaymsft 8y ago
An economist walks down the street and sees a $20 on the ground. “That can’t be real, if it were, someone would have picked it up.” A passerby stoops down and picks it up.
42.
by throwawaymsft 8y ago
But where does that line of reasoning end? If asked to join a gang, do you agree because they'll simply find someone else?
43.
by throwawaymsft 9y ago
It sounds fine in theory -- people are being helped -- but in practice, I don't think it's so simple. People _register_ for a course, presumably, with the goal of finishing it. (Otherwise, why not do a google/wiki search for
44.
by throwawaymsft 9y ago
More like driving with your rear view mirror. You don’t notice it.
45.
by throwawaymsft 9y ago
That’s the nature of retail. If my art was a USB cable, and my gallery was Best Buy, the markup would be similar.
46.
by throwawaymsft 9y ago
Here's an example of what a soccer game would look like if commented the usual way: https://www.youtube.com/watch?v=2vJn5XxWg9U
47.
by throwawaymsft 9y ago
Drug prices don't dip when the government outlaws them. If anything, the need to outlaw crypto validates their utility.
48.
by throwawaymsft 9y ago
I worked in security around the Vista timeframe, and remember the “think of the children” logic for the UAC prompts. It’s insecure to not warn people constantly. Full stop. (Never mind that desensitizing people or any of a dozen predictable
49.
by throwawaymsft 9y ago
I'd posit it's hard to know what the dynamic would be. Consider certain luxury goods ( https://en.wikipedia.org/wiki/Veblen_good ) where increasing the price increases the demand. (Conveniently, economists have
50.
by throwawaymsft 9y ago
That new luxury housing makes a city more attractive and induces demand from outside. Adding new roads can make driving more attractive and worsen congestion. Not saying that’s what happens, but a simple supply/demand analysis (ceteris
51.
by throwawaymsft 9y ago
There are numerous thought experiments on how transparent salaries affect team cohesion and go against human nature. Meanwhile, professional sports teams and the military, who rely on team cohesion more than random white collar professional
52.
by throwawaymsft 9y ago
A company is incentivized to keep supporting a product that is profitable.
53.
by throwawaymsft 9y ago
Have you taken and completed an online course yourself? What have you noticed was difficult?
54.
by throwawaymsft 9y ago
From the paper: > Defeat the best Go players, training only on as many games as the best Go players have played. For reference, DeepMind’s AlphaGo has probably played a hundred million games of self-play, while Lee Sedol has probably pl
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by throwawaymsft 9y ago
download js -> run through JIT compiler -> execute vs. run through JIT compiler -> download js -> execute Whatever overhead the JIT compiler adds will be latency for the user.
56.
by throwawaymsft 9y ago
Try buying an Apple charger or cable on Amazon (even sold by Amazon directly): https://9to5mac.com/2016/10/19/amazon-fake-apple-chargers-ca... https://www.forbes.com/sites/amitchowdhry&#x
57.
by throwawaymsft 10y ago
If you're conscientious enough to ask the question you don't have to worry about being a jerk :).
58.
by throwawaymsft 10y ago
Thanks for the catch; I didn't account for the split. Still, it looks like the SPY handily beat MSFT's return over that time period. https://www.google.com/finance?chdnp=0&chdd=1&chds=1&chdv=0&...
59.
by throwawaymsft 10y ago
I'd say he was average at making money. It sounds impressive but you need to annualize and compare it to the market as a whole. 5.36B to 22B in 12 years = 11.7% annualized profit increase from 2012 to 2014. However, MSFT stock apprecia
60.
by throwawaymsft 10y ago
It's not just about "trying something audacious" or "sticking with it". Do that with your social photo sharing site. People's medical diagnoses and health is on the line here. The cavalier attitude of "get

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