zby

54 ms·

601.
by zby 8y ago
OK - I think we can all agree that it is hard - but still we need to do something about it. The question is who is in the best position to improve it. Customers will not put any meaningful pressure because they are too ignorant about what i
602.
by zby 8y ago
Decentralized is good for experimenting, testing all the possibilities in parallel. Once we have a working model - and one with network effects - the play is about squeezing the last bites of efficiency and that is better done centralized.
603.
by zby 8y ago
The part about the movements - agreed (maybe we need to add this to the machines to improve them) - but the rest is just about additional layers - machines are not restricted to just one layer neither.
604.
by zby 8y ago
"A human sees a 3D scene objects, creatures, texture and lighting (and it evaluates the scene based on these concepts and how they related to each other even if it's never seen green fields, sheep, dry stone walls or fog before).&
605.
by zby 8y ago
The key is the signaling aspect of it. If we buy stuff that in common imagination is linked to something - then people will perceive us linked to it as well. So it is not a mind trick - it really works - we pay for being perceived in a bett
606.
by zby 8y ago
Even not looking on the democratic/dictatorship spectrum - outside interference will always be worse than what you get from insiders. Insiders at least depend on the country welfare - outsiders just don't give a fuck.
607.
by zby 8y ago
There is a range - some cases are hard like armies and police - others are kind of easier to get rid of - like managers adding people to their department only to grow their prestige.
608.
by zby 8y ago
Having much stuff to do is not complex - complex is when you need a lot of work to understand your situation. Carrying water and washing clothes are not complex - they are easy to understand, both why you need to do them and how you do it.
609.
by zby 8y ago
I think it would be useful to divide that between jobs that are 'zero-sum', jobs that are useless for the people who do it because they don't understand what they are doing and jobs that are really just accidents. The root ca
610.
by zby 8y ago
Kind of light on details. My own impression of Hyperledger is that it is like the ISO OSI network layers - there is everything in it.
611.
by zby 8y ago
The traders get a discount when they lose and the margin call does not cover their loss. They can just walk away - while traditionally they would have to cover it all.
612.
by zby 8y ago
No - it is the gains that are taxed to pay for the losses. Traders who won will have slightly smaller rewards. This is actually better solution than the traditional way of forcing the losers to cover the whole loss. When you make a position
613.
by zby 8y ago
Accepting failure is the prerequisite of learning. This works great when people can do things mostly by themselves - they try something, they fail and learn. When the basic unit to do something becomes a company coordination becomes more im
614.
by zby 8y ago
This is probably true. In the past we have stable worldviews - but they were not very accurate, now we have much more information. It is now possible to build more accurate models of the reality - but overall do people build more accurate
615.
by zby 8y ago
Yeah - this is scary. They would be mostly useful in targeted assassinations. This is a big political change. In the future you'll not need much army to control a remote government - just insect robots to kill the officials. I guess it
616.
by zby 8y ago
I think there is some typo in your comment - because otherwise - do you mean that permissionless DLT was obvious (as in anyone who read Foundations of Cryptography by Oded Goldreich could create it) and bitcoin was not a breakthrough?
617.
by zby 8y ago
Dividend and stock buy backs are mostly the same thing - the company returning money to the market, but yeah in the specific case of management stock options they might have different effects. As for involving workers in the company governa
618.
by zby 8y ago
Matt Levine repeatedly writes about it with a very good explanation: it would be strange to think that companies should always grow - from time to time there are better investment opportunities outside the company and it makes sense that in
619.
by zby 8y ago
With some ingenuity it is possible with much less human power than is commonly imagined: https://www.youtube.com/watch?v=E5pZ7uR6v8c
620.
by zby 8y ago
I don't know how it is in the US - but here in Poland there are companies forcing janitors to open their sole proprietorship to optimize taxes.
621.
by zby 8y ago
I have noticed that people following machine orders is also used by corporations to force customers to give up on their rights. I have a minor dispute with one of our communication providers and it is a real nightmare - according to the law
622.
by zby 8y ago
What is really the difference between what we call sugar and regular carbohydrates that constitute a huge part of our diet? They all enter the blood stream as monosaccharides. There is difference in how fast this happens - but is that so im
623.
by zby 8y ago
A part of the job of a call centre operator is negotiation with the client - this is hard to do with a bot. Even more so that this is kind of hidden spec, because companies don't want to admit that the role of the call centre is to mak
624.
by zby 8y ago
You lost me here - what about Prisoner Dilemma is relevant here?
625.
by zby 8y ago
Can you explain how military makes a nation prosperous? Somehow I cannot comment deeper in this thread - so I'll comment here. Defending territory is not making it prosperous. If nations did not attack each other with their armies they
626.
by zby 8y ago
My point was that military is a zero-sum (or technically negative sum) in the game between nations (that was the meaning 'on a bigger scale').
627.
by zby 8y ago
Which particular one you think is not zero-sum? Military is kind of obviously zero-sum - the others are a bit more mixed - but the waste is in their zero-sum function (and the examples are not mine - they are from the article).
628.
by zby 8y ago
The root cause is complexity. People don't understand their jobs: sometimes they are told to do stupid things, other times they do useful things but they think they are useless. Companies always relied on their employees to adjust thei
629.
by zby 8y ago
That's directly from Rene Girard mimetic theory.
630.
by zby 8y ago
I don't know - I can imagine that instead of consuming people spend money on investment - i.e. buying machinery etc. - companies produce machinery instead of consumer goods and the economy works as if nothing happened.

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