2,340 karma · joined June 27, 2012
That was very much the case before the Fed started raising interest rates.
The term "zero interest rate phenomenon" was created to describe it.
Now that rates are up, people sitting on piles of money can just put it to work in more traditional lending (e.g. buying bonds) instead of needing to look around for weird startups to put it in.
https://www.bbc.com/future/article/20240228-leap-year-the-im...
1. Unexpected problems in key canals. (Houthi attacks on the Suez route and drought on the Panama route.)
2. Possibly some market manipulation by carriers. (The article gestures in this direction but doesn't actually claim collusion to fix prices.)
3. Demand is really high. This drives the congestion in key ports that the article mentioned.
The article text doesn't emphasize factor 3 much, but the subtext of that is everywhere. And that's actually a good thing. Lots of things being shipped means lots of economic activity means lots of jobs etc etc.
tl;dr The world is complicated and sometimes multiple factors combine to make things like this flare up.
My bet: We are going to be fine. The actors in this system will adapt, especially from price signals. Supply of shipping will go up a bit, demand will go down a bit, people will find alternate routes/ports/methods for getting their goods where they want them.
I don't think we put enough money behind it today, but the Earned Income Tax Credit is designed to do this while minimizing the disincentives for people to work. https://www.cbpp.org/research/policy-basics-the-earned-incom...
risk = size of punishment * probability of being caught.
So how do you deter a potential criminal who is unlikely to get caught? You have to jack up the size of the punishment to compensate for that low probability.
Economist Gary Becker started this school of thought in the 60s and it's been implemented and debated in a million ways since then. Example: https://masonlec.org/site/rte_uploads/files/JEP/Readings/But...
In this context, I don't see a principled difference between the model weights and really good compression. If I send you a gzipped copy of the latest bestseller book it's still copyright infringement. And it would still be infringement if I shipped it inside a software program that can _also_ reshuffle the words in a bajillion different ways, if there's a "copy" of the original work in there.
> Last September, the US Copyright Review Board decided that an image generated using Midjourney’s software could not be copyright due to how it was produced.
Sure, and the parent comment's point was that there's a line where further risk reduction doesn't make sense anymore. The agency doesn't have the right incentives to stop at that line.
Plenty of very significant risks aren't regulated to the degree that Viagra and Cialis are. You don't need a note from a doctor or a govt-issued permit to buy kitchen knives or a table saw or a Bic lighter, for example.
You could pass a law imposing strict liability all the way up the supply chain, up to and including the importers.
If a worker gets sick, they could sue for damages, maybe even punitive damages, from their employer, any middlemen, and the importer.
If you align the incentives right, companies will figure out how to enforce PPE usage.
In theory it's definitely possible. The 128 bits you get in a UUID is a LOT of randomness for an identifier. Postgres BIGINTs are just 64 bits. Instagram's sharded IDs are just 64 bits. (See below.)
You can test it. If you're using uuidv4 (which is 100% random bits, minus a few for the version), you could make a new column in your table in Snowflake, populate it with the first 64 random bits of your existing uuid column, then see if you have any collisions.
https://instagram-engineering.com/sharding-ids-at-instagram-...
Most of the comments on this page are referring to authentication. It's important to know, but also the piece you're likely to spend far less time on. It's where most of the heavy lifting will be done by some vendor or tool you set up instead of by your own code.
Authorization is far less likely to be something you get off the shelf and far more likely to be where you spend significant time. It can be very intimately connected to your business logic. Active Directory roles and groups are one authorization solution for a particular class of problems but I have only seen them used for controlling business internal assets (mostly file servers); not public-facing applications.
I really like Oso Academy as a resource for authorization topics. It's structured like a progressive course, though I don't know if they have the kind of exercises you mentioned.
I think that's the key point really. For someone with even a mild interest in this stuff, the task of running ethernet cables is very approachable and feasible. At that point the time spent on it is a plus instead of a minus, and paying someone else is no longer competitive.
I appreciate the author resisting that framing, and admitting that on that first day, the contribution of the new team was basically to ask "Can we install New Relic on the servers?" The response to that question really illustrates the root of the problem, in my opinion. It's not that the people who built the original healthcare.gov were stupid people. It's that they were operating under constraints and incentives that emphasize rules and compliance over making the whole system work well.
So there are different tiers to deal with this.
- Constitution - Very abstract and very rarely changed.
- Statute - Sometimes abstract, sometimes specific.
- Administrative rules. Very technical but still intended for broad application.
- Individual court cases. Can be hyper specific.
When a statute is ambiguous, courts do sometimes look at the congressional record (eg floor debates) to determine intent.
Essays, short stories, deep investigative news stories, etc. also all fall into the "long form" bucket. A lot of those had their natural homes in magazines and newspapers, and those have taken huge hits as people's attention has turned to short, viral, online things instead.
Example: This recent donation of agricultural water rights that they owned, to divert the water into lake preservation instead.
https://naturalresources.utah.gov/dnr-newsfeed/church-donate...
Has Google benefitted more from other people's open source contributions, or have we benefitted more from Google's open source contributions? The answer is not obvious to me.
Coffee and tea have been banned for practicing Mormons for a long time. Caffeinated soda was kind of an "extra credit" ban for decades until the church more recently started pulling back on that.
https://www.npr.org/2016/01/03/461843938/can-mormons-drink-c...