zippy5

8 ms·

31.
by zippy5 6y ago
I think what you’re really trying to describe is disruptive innovation. The way new technological development creates new market / business opportunities. It’s not just about technology itself, but the relationship and timing between t
32.
by zippy5 6y ago
There’s no way they could generate similar revenue per user. Revenue per user depends on much advertisers are willing to pay and there are a couple of differences: 1) Targeting: Instagram has exceptional ad targeting because it utilizes f
33.
by zippy5 6y ago
It's the ”nobody ever got fired for buying Microsoft” optics driven decision making. Essentially, VCs decisions on average don't work out, so they check the optics to protect their downside. So long as the decision looks superfici
34.
by zippy5 6y ago
To be fair, looks like the graph starts to flat-line in 1972-1973. I think that lines up with Nixon leaving the gold standard in 1971 and going to China in 1972. It's possible that globalization may have ended labor scarcity in the U.S
35.
by zippy5 6y ago
Isn't this basically Instagram?
36.
by zippy5 6y ago
You’re right. Poverty is more likely caused by violence than violence is caused by poverty.
37.
by zippy5 6y ago
Look around the world. The countries that have the most violence are: 1) Poor (Less to lose) 2) Have high levels of ideological radicals (beliefs strong enough to rationalize their worst actions) 3) Have a violent history. (Vengeance orient
38.
by zippy5 6y ago
The value is in the hope it creates. As a statistician, a lottery seem hopeless. To everyone else, it's about feeling that something impossible becomes possible. Tbh lottery tickets can be a pretty cheap form of hope relative to other
39.
by zippy5 6y ago
I think this only works out for google due to their business model and scale. Like if Google was a subscription service, would people pay 5x more for the long tail? I'm guessing not. I think the reason that the long tail is viable at g
40.
by zippy5 6y ago
At least in Coke’s case, defensibility comes from the fact that making cola is hard due to regulation and supply chains. Coke is grandfathered into being allowed to import coca leaves (they now remove the cocaine) and buys up alot of the wo
41.
by zippy5 6y ago
I think the key difference is that Microsoft’s differentiated asset is the trust and good relationships it has with Enterprises. Their advantage is their distribution, not their tech. Intel on the other hand doesn't do it's own di
42.
by zippy5 6y ago
You're telling me that google makes $30 for every financial service ad I click but are cheaping out on the signal processing? Is the decline search result quality in the last couple years the result of a business analyst arbitraging se
43.
by zippy5 6y ago
I worked on 2 a little bit. Serializing the dom then putting it into probabilistic data structures is the way to go. Bloom filters, lsh hashing, min-sketch are good ways to fuzzy match. UI’s change but for the most part code doesn't.
44.
by zippy5 6y ago
Why would they? it’s still cheaper to have a talented dev overbuild a framework than it is to find bugs in the code of someone who didn't understand the problem they're solving.
45.
by zippy5 6y ago
Thanks for sharing! I totally agree with you that we seemed to focus a little too narrowly. If you haven't read it already, you might enjoy the book Range awesome look at the impact of interdisciplinary innovation
46.
by zippy5 6y ago
I'm super curious why you were optimistic about AGI in the first place? it seem to me that a majority of the performance gains in ML are a result of using better hardware to run brute-force statistics with larger more complex models bu
47.
by zippy5 6y ago
I'm guessing you don't know how much your time is worth. Suppose you wanted a nice meal for a friend you spontaneously invited over. You’ll go to the grocery store, cook, clean. Not only have you spent say two or more hours for a
48.
by zippy5 6y ago
I wouldn't call it network effects. All competitors are predominantly sharing the same network of customers and drivers. Sure, some are loyal to one service but I'm guessing a majority of people will try to get the best deal. If t
49.
by zippy5 6y ago
Why shouldn't the work go to the one who will do it the cheapest? The are billions of people around the world living in poverty, destitution, and with no opportunity. Globalization has been equalizing labor compensation around the glob
50.
by zippy5 6y ago
Education primarily suffers from a motivation and accountability problem. Obviously, this problem can be solved by throwing money at it, but how can it done more cost efficiently so that’s available to everyone? Online education has problem
51.
by zippy5 8y ago
I think in general you are right but would like to add a caveat. There is a trade-off between accuracy and interpretability within any analysis and usually, it makes sense to bias towards the later. However, it's often worth verifying
52.
by zippy5 8y ago
It's not causal, it's symptomatic. People tend take bigger risks, even criminal ones, when they have less to lose or less to gain. It's an interesting proxy for economic desperation.
53.
by zippy5 8y ago
I'm pretty sure that the 21T does not include future payouts to social security or medicare. I believe that if you do include them, the number goes closer to 100T.
54.
by zippy5 8y ago
I would suggest that boilerplate is small price to pay for having a compiler enforce design discipline and conventions. Remember that code should be written for both the run time environment and next coder who will have to understand it. Co
55.
by zippy5 8y ago
However, the problem is that loans are an extrapolation of 30 years of income. So in a boom portion of the cycle, we over project an unsustainable income but in the bust portion, we under project. There is an inherit recency bias in the loa
56.
by zippy5 8y ago
If we were able to enact ethics compliance regulation, I'm pretty sure gamification would be pretty far down our list of things to regulate.
57.
by zippy5 8y ago
My favorite Bezos advice is "Invest in the constants". He suggest that things like customers wanting quicker/cheaper shipping have been constant over duration of his business. In general, I suspect human nature is approximate
58.
by zippy5 8y ago
My real estate philosophy is "how much more can the next person borrow"? I think that once you adjust for inflation and borrowing power of interest rate changes, housing is a lot less attractive as an investment.
59.
by zippy5 8y ago
We also rely on witnesses with dubious memories and motives but people will never be held to the same standards as machines.
60.
by zippy5 8y ago
To be fair, if I owned a home in silicon Valley, it would presumably be most of my net worth, not to mention a significant shift in housing prices could bankrupt me. I would likely vote to artificially limit supply in the interest of self p

More ›