zeteo

23 ms·

151.
by zeteo 9y ago
> People are starting to realize that this 'digital reputation' could limit their opportunities. (And that these algorithms are often biased, and built on poor data.) That's interesting of itself, but the bigger underlying
152.
by zeteo 9y ago
> How many companies have been "the unstoppable juggernaut" for 50+ years? AT&T isn't the AT&T from 30 years ago. [...] Microsoft was the unstoppable juggernaut... and then Apple and Google came along. These are ve
153.
by zeteo 9y ago
> Our market cap has gone from $18B to $51B > approximately 15 percent equity stake in China’s Alibaba Group Holding Ltd 15 percent of Alibaba is about $52.5 billion. I'm not sure why we're even discussing anything else. It
154.
by zeteo 9y ago
> an abusive employer would be more severely punished by the labor market if the economic cost to the worker is diminished > workers would also be more likely to create new businesses entirely if the personal financial risks associat
155.
by zeteo 9y ago
> The Mac/PC pricing thing was one travel site, and to my knowledge, this practice is limited to travel booking sites. Amazon prices may often be algorithmically adjusted, but not per-user. Yeah why worry about it if it's only
156.
by zeteo 9y ago
Google Fiber is relatively small. Google itself was not a bad company when it was small ("don't be evil" and all that).
157.
by zeteo 9y ago
Well how do we define a necessity? Running water, electricity and telephone service were all a luxury at some point. But now people have come to rely on them, to the point where it would be socially devastating to stop providing these servi
158.
by zeteo 9y ago
Local politics might be bad, but it'd be far worse to have it run by Google. They'd never pick up your customer support calls; they'd be more concerned with using ML to figure out when you sh*t and when you shower (valuable
159.
by zeteo 9y ago
> There are other ways to build a business that don't depend on search. There are also other ways to run a household that don't depend on running water. (Heck, my great-grandpa never complained about having an outhouse.) Are yo
160.
by zeteo 9y ago
It's an amusing read, but he freely admits that he doesn't get Veblen and that is correct: > Do I prefer terrapin à la Maryland to fried liver because plow-hands must put up with the liver—or because the terrapin is intrinsical
161.
by zeteo 9y ago
> If you have a couple million in the bank and are withdrawing 4% a year to live on, you're probably more concerned about the SP500 dropping 50% And then you have illustrious hedge funds that go out of business when the SP500 suffer
162.
by zeteo 9y ago
I'm not familiar with American Samoa, but generally states and countries with high minimum wages are doing pretty well economically, see e.g. [1]. States that have recently increased the minimum wage have seen higher economic growth th
163.
by zeteo 9y ago
Minimum wage only causes unemployment if the labor market is competitive. This is not currently the case in the US as a few big companies (Walmart, McDonald's) have disproportionate market power, and most economic sectors are becoming
164.
by zeteo 9y ago
> The "we could just simulate the whole brain down to the quarks" argument is an argument for the existence of AI. Nobody seriously suggests that it's the practical path forward to achieving it. Yes, but you have to consid
165.
by zeteo 9y ago
Tallulah, LA is 77% African American [1]. I'm surprised The Economist would publish this kind of victim-blaming about a very marginalized community: > men like those of Tallulah [...] lack the resources of training, of imagination
166.
by zeteo 9y ago
> Right from the very first sentence the author seems to muddle the two, so I don't think there's much of cogent analysis in here. If you read past the first sentence, it's quite obvious that the article is mostly concerne
167.
by zeteo 10y ago
Looking at the funnel plot in fig. 3 in the linked meta-analysis [1], the high precision studies (standard error < 0.268) are clustered around an effect size of 0. The overall positive effect derives exclusively from the medium and low-p
168.
by zeteo 10y ago
"The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can
169.
by zeteo 10y ago
>The result of monopoly pricing is that consumer surplus is reduced and producer surplus is increased; the reason we care as a society, though [..] is deadweight loss. >Facebook may have a monopoly in social networking, and while that
170.
by zeteo 10y ago
It was a severe miscalculation. First, Germany already had a strategy to win the war - beat Russia first - and any attempt to knock out Britain at the cost of involving the US was a major distraction. Second, even if US troops took longer t
171.
by zeteo 10y ago
Agreed that the French mutinies presented a unique opportunity for the Germans but it's hard to predict how it would have played out. Would the Kerensky Offensive have done better if the Germans had sent more troops attack the French?
172.
by zeteo 10y ago
Correct, if Germany had continued Bismarck's foreign policy [1] then the next war (if it came) would have looked very different. Antagonizing Russia in the Balkans, France in Morocco, and Britain on the high seas were rather gratuitous
173.
by zeteo 10y ago
> Apparently you think that anything other than being at the peak of one's profession is a 'stupid job.' [...] Stop devaluing hard work just because some people choose predictability over risk. The "stupid job" w
174.
by zeteo 10y ago
Yes, and winning the lottery is highly marketable too, isn't it? I didn't say working in sports, arts or cooking was a stupid job. The stupid job is what you get if you can't make any money using the skills you've develo
175.
by zeteo 10y ago
> Johnson started using opioids in high school after breaking his collarbone, first in football and again while wrestling [... T]hings slipped out of control after he graduated and found that his skills — art and cooking, but not academi
176.
by zeteo 10y ago
> regulations that are less specific in the text of the law often yield cumbersome lawsuits and may end up with a huge volume of case law Yes, but at least you have the chance beforehand that someone will say "this is not specific e
177.
by zeteo 10y ago
Right on. The legislators who consult with lobbyists behind closed doors and then produce thousand page bills would argue that they also make "smart" regulation. Didn't they talk at length to the people who knew most about th
178.
by zeteo 10y ago
> The real issue here is that imagenet doesn't have enough funny glasses. But we don't actually know the real issue, do we? You can't easily debug a neural network. Sure, you can throw ten times more data at it and hope th
179.
by zeteo 10y ago
Although not designed for it, old-school punched card machines were capable of pretty sophisticated computations. Here's a tidbit from Richard Feynman [1] on the crucial part played by IBM machines in the Manhattan Project circa 1945.
180.
by zeteo 10y ago
Burying the lede: > The fact that the same fooling images can scramble the “minds” of AI systems developed independently by Google, Mobileye, or Facebook, reveals weaknesses that are apparently endemic to contemporary AI as a whole. [...

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