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_gmax0

144 karma · joined July 11, 2022

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_gmax0··on The Competitive Moat That AI Can't Replicate
When did "X is built one marble at a time" become popular? Maybe search analytics can tell us.
_gmax0··on It's death
Winston Churchill once laid bricks as a means to outrun the black dog.
_gmax0··on Police in England and Wales told to halt AI use in court statements
If not for taxpayers, the opportunity cost would be incalculably immense.
_gmax0··on ClickHouse raises $350M Series C
Thanks for this, I hadn't come across it before.
_gmax0··on 'It's a Weird Time to Be Rich '
Last time this happened in the US was during GFC. Mercedes-Benz and BMW "went into hiding" instead of Birkins.

Who's they? Members of every generation have to become class-conscious at some point, no? Some just pick it up quicker, perhaps through a European classic novel or a Great Depression archival newspaper.

_gmax0··on ClickHouse raises $350M Series C
Heard from the grapevine that CloudFlare uses it for their analytics.
_gmax0··on BGP handling bug causes widespread internet routing instability
Internet researchers commonly use RIPE and RouteViews.

https://www.routeviews.org/routeviews/about/ https://stat.ripe.net/docs/02.data-api/

_gmax0··on Knowledge-based society, my ass
While traveling by car during one of his many overseas travels, Professor Milton Friedman spotted scores of road builders moving earth with shovels instead of modern machinery. When he asked why powerful equipment wasn’t used instead of so many laborers, his host told him it was to keep employment high in the construction industry. If they used tractors or modern road building equipment, fewer people would have jobs was his host’s logic.

“Then instead of shovels, why don’t you give them spoons and create even more jobs?” Friedman inquired.

_gmax0··on The Long Nights and Drug Addiction That Drove a Banker to Insider Trading
How tall was the guy? 80mg a day? Far beyond a reasonable amount.
_gmax0··on CFPB sues Chase, BofA, and Wells Fargo for allowing fraud to fester on Zelle
Do you have a link to this?
_gmax0··on Health Insurance Companies Take Down Leadership Pages Following Murder of UH CEO
Hasn't it always been flexible?
_gmax0··on Grifters, believers, grinders, and coasters
I'll buy someone a coffee if they propose a state-space model that identifies a location on the author's plane as a function of time and incentives :^)
_gmax0··on All Here founder's arrest shows it's easy for startups to scam investors
Ostensibly this roostful homecoming is a result of increasing capital costs.
_gmax0··on Motivating Personal Growth by Seeking Discomfort
David Goggin's public persona comes to mind as an extreme example. He frames his journey as one that involved embracing pain and discomfort. Now he preaches it incessantly like a sort of addict to masochism. I think this highlights the point of the study which attempts to say, instead of avoiding discomfort one could welcome it with the added risk that you become some sort of firestarter in the sense that you now cannot sit with being comfortable.

A natural extension of this work may be to study at what point does burnout occur.

_gmax0··on The genesis of today's military recruiting crisis (2023)
I had anticipated that this would've ended with you becoming Captain America.
_gmax0··on Ask HN: Real-time speech-to-speech translation
Off topic, but what's the state-of-art behind speech recognition models at the moment?

Are people still using with DTW + HMMs?

_gmax0··on Amusing Ourselves to Death (2009)
I actually do agree with you. If you "think locally and act locally" while young, you run the risk of being blindsided by tail outcomes in the future.

I think either global thinking or acting in youth is a prerequisite to arriving at the position you describe. I mean, is there a better explanation for mid-life crises?

_gmax0··on Amusing Ourselves to Death (2014)
It's my opinion that "thinking locally and acting locally" is a strategy better reserved for old age.
_gmax0··on Implement algorithms that minimize slippage
Love it, such a straightforward formulation.
_gmax0··on Implement algorithms that minimize slippage
Is slippage minimization even a tractable problem besides applying loose heuristics derived from empirical insights, e.g., identifying reliable early-signals of narrowing spreads and increased liquidity for a given exchange?
_gmax0··on Algorithmic Wage Discrimination (2023)
Off-topic, does anyone know whether the source code for this UI is open source?
_gmax0··on Stocks trampled as Nikkei crashes 13%
Surely this'll trigger unwinding of the options dispersion trades that have been rumored to have been building up.
_gmax0··on Relationships are coevolutionary loops (2023)
Beautiful.
_gmax0··on Reflections on Luck and Skill from the Part Time Poker Grind
Care to elaborate on how the real economy is positive sum and poker is negative sum?
_gmax0··on Young adulthood is no longer one of life's happiest times
Obligatory "please do not discount suvivorship bias in your results".
_gmax0··on The economics of the Birkin handbag
Cue the classic joke:

A finance professor is walking across the University of Chicago campus with a student. They come upon $20 lying on the ground, and the student leans down to pick it up. The professor said, “Don’t bother. If it was really there, somebody else would’ve already picked it up.”

_gmax0··on The 10x developer makes their whole team better
I wonder if there's a strong positive correlation between periods of high Federal Fund Rates and periods of prevailing sentiment that espouses for 10x developers.
_gmax0··on Some Thoughts as I Sit Here in Another Standup
I heartily prescribe the programmer's manifesto to the author:

http://programming-motherfucker.com/

_gmax0··on Two Ethereum DeFi traders just made $120M using a strategy called 'looping'
Marginally related (this paper explains the mechanisms of a DeFi exploit which are the same mechanisms used generally in this 'strategy'): https://arxiv.org/abs/2003.03810
_gmax0··on If Money Doesn't Make You Happy Then You Probably Aren't Spending It Right [pdf]
What does "no longer needed" mean? I think most people who encourage the exchange of money for 'happiness' don't fully grasp the subjectivity of this judgement.

A person's preferred strategy for expending and conserving resources is an emotionally-charged choice. Who am I to say anything about their choices?

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