yibg

8 ms·

91.
by yibg 10mo ago
Or die and pass it to your children. Buy, borrow, die. Kill the step up basis loophole.
92.
by yibg 10mo ago
It is already taxed as capital gains though. Software (including AI), if sold either in isolation or with the entire company does trigger capital gains considerations. If you're referring to some equivalent of wealth tax or inverse of
93.
by yibg 10mo ago
Does seem to be the direction things are going. The admin picks the winners and losers, and of course the real winners are Trump, family and allies.
94.
by yibg 10mo ago
SPY has a cumulative return of ~370% from start of 2000. BRK.B is at ~1,200%. That's a pretty big difference. You can discount Apple as being part of the portfolio, but that's a bit like saying, well they wouldn't have done s
95.
by yibg 10mo ago
Yea but those are typically self selected sets. People that are interested in that particular type of movies watches it and rates it highly. But if you only offered that movie to the entire population, likely a large portion of the populati
96.
by yibg 10mo ago
I think such is the reality of serving a large customer base on something subjective like movies and TV. Most people would find most content not that appealing, and a small subset they like. The problem is everyone's small subject are
97.
by yibg 10mo ago
You can today no? You can buy or rent a single movie / tv series from apple tv, amazon etc. problem is most people don't want to buy each thing they want to watch.
98.
by yibg 11mo ago
Words evolve in meaning all the time. What's included in "science" now is very different from what was included 500 years ago. Doesn't mean we should create a new term for it each time a new discipline is added.
99.
by yibg 11mo ago
Why? Can we not define what a professional degree is without the historical baggage?
100.
by yibg 11mo ago
When there is enough demand for vintage parts, it'll motivate someone to create a time machine to manufacture them in larger volume in the past and bring them to the present. Win win.
101.
by yibg 11mo ago
I think also perhaps the reasons for being poor. My family was poor but so was everyone else. It was structural. So as a result (my hypothesis), there wasn’t even the hope of being rich, just not so poor. So for instance the mentality was a
102.
by yibg 11mo ago
Definitely agree on the mentality it creates and how long it lasts. I’m fairly well off now, but grew up very poor. First developing world poor where running water and toilets were shared with the whole building, the whole family crammed in
103.
by yibg 11mo ago
I'm not sure hedonism in that sense isn't a valid desire provided it can be safely sustained. Imagine there was a substance that made the user happy, without any of the negative side effects or tolerance. I'm not sure that wo
104.
by yibg 11mo ago
I think easier said than done. I was similarly labelled as "gifted" as a child and have struggled my entire life with being ok with where I was, in academics, career even romantic relationships. Looking at what I've accomplis
105.
by yibg 1y ago
There is a also merit at the individual level vs merit at the organizational level. e.g. most tech companies are male dominated, but many serve primarily women (Amazon retail, Pinterest, Etsy etc). So having more women in the companies, esp
106.
by yibg 1y ago
> 03 Pontiac Vibe GT So a Toyota :)
107.
by yibg 1y ago
That's still depreciation, just deprecation until it dies (down to near $0 value from new) vs depreciation until you sell it. If it dies fast, the depreciation is still high.
108.
by yibg 1y ago
This is free users though. The number of paid users is significantly less (like any other freemium product). Finding it useful enough to use weekly doesn't mean finding it useful enough to pay continuously for use.
109.
by yibg 1y ago
Or just http without the s. We take it for granted now, but not even that long ago http was the standard.
110.
by yibg 1y ago
I think it depends on what you are optimizing for. If you are a VC funded startup trying to get to product market fit, spending a bit more on say AWS probably makes sense so you can be “agile”. The opportunity cost there might outweigh infr
111.
by yibg 1y ago
If we can make the same product domestically better (cheaper, higher quality etc) then that doesn’t require a barrier in theory. Just make it and sell it for cheaper or sell it for the same but with higher quality. Problem is for the most p
112.
by yibg 1y ago
Energy doesn’t come from just raw materials. It takes extraction, refinement, transportation etc in the case of petroleum, or manufacturing, installation etc in the case of wind and solar. If you mean in terms of general economics, why are
113.
by yibg 1y ago
Problem is if we (any country really) tried to build everything ourselves while other countries engages in trade then we are at a major disadvantage. Of course some things are more sensitive and should be made domestically even at lower eff
114.
by yibg 1y ago
I think part of the problem is the variance (economically) of AI delivering is so wide, that even that's hard to predict. e.g, is end stage AI: - Where we have intelligent computers and robots that can take over most jobs - A smarter L
115.
by yibg 1y ago
I hear people (media, politicians) talk about bringing manufacturing jobs back to America, but I haven't heard too much well articulated reasons for why. There are issues with national security, reliance on less than friendly nations e
116.
by yibg 1y ago
I'm not sure I agree. Tariffs adds cost, unless domestic manufacturing can be done in a more or less cost effective way. Manufacturing works benefit of course but that's a overall small proportion of the population and ought to be
117.
by yibg 1y ago
It seems like the US in particular isn't able to pick one path and stick with it. The shift towards services has already happened. But investment in silicon, renewables etc is on again off again. There now seems to be a desire to bring
118.
by yibg 1y ago
Typically as economies advance there is a shift to services and higher value add / higher skill manufacturing anyways. That can be the explicit strategy for the US as well. Focus on renewables, high tech, aerospace etc instead of the l
119.
by yibg 1y ago
Using people for manufacturing fundamentally will never be cost competitive compared to cheaper markets. There are really only a few ways to resolve this in my view: 1. Give up and just outsource manufacturing and be ok with it 2. Invest he
120.
Marc Benioff says he wants Trump to send National Guard to San Francisco(kron4.com)
6 points by yibg 1y ago|3 comments

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