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It's Matt Stoller. Never expect an honest, non-agenda driven perspective.

> I don't want to name names

Why??

You need to compare against the alternative, not just look at whether or not prices reduce YoY.

Objectively, this policy should be good for what it purports to do: reduce housing prices for permanent residents. This policy actually impacts both supply, forcing these 10k units to either languish unproductive or return to market as rental units or for sale, and demand, reducing sales demand for conversion to short term rentals.

Now, will this actually make a huge difference? Probably not. It’s only 10k units at most that return to the market in a city of 1.6M that likely has a lot of demand.

Because it's an extended period, with a simple round time window that doesn't include the IPO pop from the frothiest IPO environment of the last decade. Happy to have gone with any time window outside of 2021. That should be clear from my comment.

"But, Creddit", the ignorant accuser of cherry-picking whine, "why after 2021?"

Because as anyone in tech knows, that was the frothiest IPO environment of the last decade. Source for those who aren't aware: https://site.warrington.ufl.edu/ritter/files/IPOs-Tech.pdf

Me, demonstrating sustained performance over last 2yrs: cherry-picking.

You, choosing IPO price from the frothiest IPO environment of the last decade: elevated, rigorous, robust to outliers.

There is no logic. The point is to express that private equity is bad and will immanentize the eschaton leading to their preferred utopian technological world of decentralization.

Stock price up ~88% over the last two years and just valued in an all-cash deal at $6.9B.

Yup, they’re right on the verge of that demise.

I wonder if they account for the noise of the test itself though in their CIs

Maybe what you're saying is true but it's pretty unclear to me. According to the article, it supplies 10% of the state's electricity needs. $6B over 5 yrs => $1.2B/yr => total cost of state's electricity at $12B/yr.

With a population of 40M this would mean yearly cost of electricity per capita in CA would be $300. That sounds extremely cheap.

Doesn't sound like highway robbery to me but maybe you can make that clearer rather than just tossing out "install $4B solar and $2B batteries which is obviously better, idiots!".

This helps confirm my theory that all reindeer have some type of light emission from their nose and Rudolph was the result of a mutation that moved the light emission to visible spectrum.

This would suggest all reindeeer emit UV light form their nose which they use to communicate with one another.

$22.49 is what I saw (and paid) as well.

Did you go to Amazon from the linked page? Mine was lower than the claimed $30 but maybe it was targeted? $22.49 before tax.

Easy buy. Stripe Press has a fantastic aesthetic and quality to their books and this is a classic.

Less than $25 with taxes on Amazon.

Scene: dopamean and their partner get home from the grocery store with a trunk full of groceries. dopamean's partner knows dopamean has had a tough week at work and wants to do something nice for them.

dopamean's partner: "Hey dopamean, in my experience, the grocery bags full of canned goods are heavier than the ones full of chips. Let me take the heavier ones and you can take the lighter ones!"

dopamean: infuriated "How could you possibly know which bags are heavier? It's a ridiculous thing to say. By couching it with 'in my experience' you attempt to make it sound like you're just talking about your personal experience but then you go on to say something that sounds objective and _could_ be measured but wasn't! Did you weigh each bag to determine their objective heft? No!"

dopamean's partner: distraught "I'm so sorry, dopamean! I will never again share informed personal experience with you about objective matters without first conducting a rigorous measurement program beforehand to confirm my priors. Thank you for showing me just how much better I can be! I can tell you're so much smarter than me and I can learn so much from you."

dopamean: angrier than anyone has ever been "Oh 'I'm so much smarter than you' am I? You fail yet again! Did you measure my IQ, did you measure yours?? Have you learned nothing!? I could easily be 3 or even 4 standard deviations below your IQ!"

Fin.

There's literally no way in which I expressed it as being known as a fact by me.

Did you make sure to reply like this to poster I replied to as well?

My day-to-day experience with Cruises on the road is much better, mile for mile, than with human drivers.

Cruise's failures, in my view, have come broadly at the long tail where their cars stall out entirely in the road due and it cascades to other Cruises.

I thought I read DSLRs are dead? Everyone is making mirrorless now?

Unfortunately, Tether now operates as one of the single greatest businesses of all time and is probably (from now) operating completely legitimately. No one is happy to hear this except for Tether themselves.

The abstract of the link is that Amazon’s monopoly power has manifested itself in _under_ pricing products.

The FTC claim is that Amazon _over_ prices products. They are in direct opposition.

I’d encourage everyone to read at least the abstract of this link and then consider the case the FTC is trying to bring to see if they notice anything odd! HINT: there is something very odd about the two taken together.

Your PM2.5 will spike from cooking regardless. Doesn’t matter the method of heat, it’s from the food.

You’re not operating under the delusion that your reading comprehension is such that you were able to understand what I wrote, are you? (Do you see the unnecessary condescension in your writing? Worse still when you didn’t parse the sentence properly.)

The operative word “should” shows very clearly that I haven’t assumed better wages. I expect better wages, but neither assume it nor guarantee it.

I did however state that I expect fewer workers in the space. This isn’t entirely clear either but I will go on the record to state that I expect it. It’s possible that the GenAI tools will enable such productivity increases that we see a surge in induced demand and a massive influx of content. My expectation is that this won’t happen as I believe we are likely close to a saturation point in content and expect then that the productivity increases will drown out any induced demand yielding fewer workers.

Why is there less leverage?

I guess that would be true if you considered GenAI to not be VFX?

GenAI will just mean fewer VFX workers but should also mean better wages for them.

No.

As an active participant in the subculture from which the author is from, I assure you it was not remotely condescending.

Yeah and look how they extended and extinguished that!

There’s a large contingent on HN where if a company is at all successful at making money, they are of the opinion that that company is evil.

Only the companies, organizations and products that fail to earn can be morally good.

Interestingly, it is also the case that the failures are usually caused, not by any fault of the failure itself but rather by the antagonistic, evil behavior of the successes.

Absolutely wild to me that anyone is in favor of this for exactly this reason.

If a user chooses to do this, more power to them. If my OS does this by default, it's an insane invasion of my use.