Hacker News Reader

GordonAShumwayon Ask HN: When will managers be replaced by AI?

Erm. Without risky behavior there’s no innovation.

GordonAShumwayon Why does the U.S. always run a trade deficit?

> why the EU doesn’t consistently run trade deficits.

It’s because, comparatively, the EU doesn’t run as massive fiscal deficits, nor is the EUR the primary reserve currency.

Keep in mind that what the fed article is calling a “saving gap” is really more of a fiscal gap that been plugged by US Treasuries.

GordonAShumwayon Why does the U.S. always run a trade deficit?

The US runs a $1T surplus in services.

GordonAShumwayon LLM generated code is like particleboard

Exactly!

It’s about the turns.

I didn’t end up as a carpenter early in my career, but I have been FoH staff in a restaurant. Turns, or how fast you can move your tables, was the main driver in income for you and the restaurant.

LLM code is kind of the same, it speeds up how quickly you can turn over the code to adapt to whatever new biz requirements have come down the pike.

GordonAShumwayon Voters were right about the economy

I was just amused that a former comptroller of the currency discovered U-6!

GordonAShumwayon Why is printer ink so expensive?

Erm, why on earth does anyone buy inkjet anymore? Seriously just go get one of those cheap and cheerful brother laser printers!

GordonAShumwayon Texas Opens Investigation into Conspiracy to Boycott Certain Social Platforms

Good god these guys hate the free market.

GordonAShumwayon Oxford accused of relying on young academics employed on gig-economy terms

Yep! Ask any PhD candidate in America how they love those poverty level wages!

GordonAShumwayon Foundations: Why Britain Has Stagnated

Hats. The fedoras they wear shades their faces from view, m’lady

GordonAShumwayon The coming long-run slowdown in corporate profit growth and stock returns [pdf] (2023)

No, not really --it means financial engineering became more important than actual engineering for stock valuations.

GordonAShumwayon Ask HN: Best WFH Purchases?

It’s funny, but the balance board makes it possible for me to stand for quite a while with no trouble. I think it’s because I’m constantly shifting my weight.

GordonAShumwayon Ask HN: Best WFH Purchases?

The leap is an awesome chair. Plus you can get it sized down if you’re a petite person.

GordonAShumwayon The four times the United States government defaulted on its debt (2021)

Well, given the extensive use of US Treasuries as collateral, a globe spanning margin call would probably create a collapse of the system.

GordonAShumwayon Gross domestic product is a misleading measure of national success (2014)

Hrm, I went to public school in the 1980s and received a fair facsimile of a classical education.

GordonAShumwayon Meta Meets Microsoft

Absolutely. Perhaps someone can chime in, but how does one take notes in VR.

I know it’s terrifically old school, but I routinely jot down notes and reminders for myself in meetings. Do I take the googles off? Are do I use the VR pen and VR paper? I guess I could use the keyboard?

GordonAShumwayon Ask HN: What happens with stock grants for Twitter employees?

I agree.

But, what's it that they say -- pride goeth before a fall?

If Twitter collapses into a burning hulk is that -really- a bad thing?