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gbasin

467 karma · joined January 8, 2014

https://garybasin.com/

Founder + investor — fintech

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gbasin··on Estonia clocks fastest inflation in the Eurozone at 20.1 percent
Yes the fed has taken actions that have suppressed interest rates. This makes it cheaper for everyone to borrow. What companies do with the money (like buyback shares, which is equivalent to a shareholder dividend) is a wholly separate issue
gbasin··on Estonia clocks fastest inflation in the Eurozone at 20.1 percent
> instead of giving it all to large banks and corporations, who use it for things like stock buybacks.

this is nonsense and has no basis in reality, as far as I know

gbasin··on Implementation of Imagen, Google's text-to-image neural network, in PyTorch
Cool project! Will follow along
gbasin··on McDonald’s to Exit from Russia
You get it back eventually
gbasin··on AI recognition of patient race in medical imaging: a modelling study
Interesting hypothesis but I can't tell if you're being serious
gbasin··on McDonald’s to Exit from Russia
That is my understanding. The property still belongs to the owners
gbasin··on Many popular websites see what you type before you hit submit
This is nasty, especially the plaintext password leak. I wonder if you could build a chrome extension to monitor for patterns like this — just like at the payloads being sent while you're typing and pattern-match (without keylogging itself, or maybe allow it but keep it open-source)
gbasin··on Google's most ridiculous trick to force users into adding phone number
Is this to protect them from being a vector for span? Making it costly to create new usable Google accounts
gbasin··on My experience getting a tech job with no degree or relevant work experience
Pbd, can anyone really learn to code?
gbasin··on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks
This is adjusted for inflation
gbasin··on Show HN: Free 30-year financial statements visualization
Great tool, thanks for building
gbasin··on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks
Here you go https://observationsandnotes.blogspot.com/2011/07/housing-pr...
gbasin··on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks
Housing [land] prices have been grinding higher long before the Great Decline in interest rates

https://fred.stlouisfed.org/graph/?g=kYEb

gbasin··on How DALL-E 2 Works
Your claim is very theoretical. In practice, everyone in the world has grown increasingly wealthy, and unemployment levels are lower than ever.
gbasin··on Canada bans foreign home buyers for two years
Until there's mass defaults
gbasin··on DeepMind’s New Language Model, Chinchilla
Thank you :)
gbasin··on Confessions of a Bitcoin Widow
You need social key recovery or multi-sig with other trusted parties (lawyers, business partners, etc)
gbasin··on Ask HN: Should we own the free stuff we pay for?
Not to be That Guy, since I'm not a shill, but "Bitcoin solves this" — not really today, except for pure cryptocurrency, but I can imagine a future where ownership of our access to these services is controlled by public blockchains ...
gbasin··on Tell HN: Stack Exchange (Stack Overflow) is now blocking Tor
Something tells me a shareholder suit by a foreign company in Chinese court, in connection with not blocking internet traffic, would not go down well for Naspers :D
gbasin··on Launch HN: OneChronos (YC S16) – Combinatorial auctions market for US equities
This is very cool. In a past life, I built a quant + HFT MM trading firm where we did a lot of spread trading. Always thought something like this was needed! Good work
gbasin··on AlphaCode as a dog speaking mediocre English
Explainability for an NLP model is well within reach. I predict OpenAI will have something like this in the next 1-2 years
gbasin··on 25% of U.S. adults are not active enough to protect their health
Ok but 95% of people with high BMI are not because of too much muscle... they have muffin tops
gbasin··on The Arctic Is Warming Four Times Faster Than the Rest of the World
My understanding is that most of the cost is driven by outdated and draconian compliance requirements (created by public/government agencies). For example, safety requirements that don't have a threshold but instead require reducing risk "as much as possible" which is equivalent to 0 profit.
gbasin··on Apple CEO Tim Cook 'secretly' signed $275B deal with China in 2016
I compared the same area in apple vs google maps, the islands don't even show up in google unless you zoom way in. You sure about this?
gbasin··on California needs clean firm power, and so does the rest of the world [pdf]
No, there is massive loss from transmission as a function of distance
gbasin··on Mother of all lawsuits quietly filed last month vs. Facebook in Delaware
Pretty sure their shareholders are doing just fine :D
gbasin··on No, your cryptocurrency cannot work
Insert midcurve meme here. This reads like massive cope.

One thing I've learned the hard way in life is when something goes on for years that I don't quite understand, and yet it keeps growing and getting more popular, usually I'm the one that's wrong.

gbasin··on Bring back menus, QR codes are terrible
What will actually happen is QR code menu experiences will get better, and paper menus will ... stay stagnant. A tale as old as time
gbasin··on Stonks Are What You Can Get Away With: NFTs and Financial Nihilism
Stock markets are not zero-sum. Derivatives markets would be, though
gbasin··on Farming robot kills 100k weeds per hour with lasers
Hot dog, no hot dog?
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