This is why I don't take seriously any stats about pharma R&D spending. They don't consider acquisitions to be R&D even though it often effecively is.
292 karma · joined June 1, 2013
This is why I don't take seriously any stats about pharma R&D spending. They don't consider acquisitions to be R&D even though it often effecively is.
Eg, if having a bunch of photos of a person is tantamount to having a bunch of porn out there of them, maybe people will become much more protective of their image.
Maybe they will react to being photographed in public in the same way they'd react today if someone tried to stick a camera under their skirt.
Maybe public figures will all just accept that this is going to happen to them, but it doesn't follow that everyone else would accept it. Maybe photos, any kind of normal photo, will be seen as a sensitive personal item you'd never willingly release to the public.
It sounds strange to say people will no longer allow photos of themselves, but is that really more strange than saying everyone will accept hyper realistic AI porn of everyone is floating around?
Yes the study says they tried to remove confounders. But if people could effectively remove confounders, there'd be no need for randomized trials (which are enormously expensive). Despite doing everything possible, scientists' best efforts to remove confounders still don't effectively substitute for actual randomization.
This study is from 1990-1992. Even with all the sophisticated software today, we still cannot remove confounders, so how bad was it in 1992?
The idea of creating a profitless company that somehow makes you personally rich used to be thought of as a fluke. Yes it's possible but it shouldn't happen and aside from extreme luck it won't.
Something has changed. Losing money and getting rich anyway has gone from fluke to something else, and it feels like we are lying about how the game really works.
I have no idea what goes on at META or any other public company. I just know people have repeatedly underestimated the odds of misrepresentation in the past.
The cost of biannual dentist visits for life is huge across the entire population. I would have thought there was strong evidence for this a long time ago. If nothing else, I would have thought insurance companies would stop paying for the bi-annual visits if there wasn't good evidence it works.
Then again, maybe I'm giving insurance companies to much credit since they've been paying for acupuncture for decades.
Ethically, due to having their minds hijacked by addiction and/or mental illness, it is as if they're reduced to being children again. We don't put children on the street and respect their decisions to ruin their lives, because we understand they don't have the mental capacity to decide such things.
Practically, it's probably net cheaper for tax payers to force them to get clean or go to a mental hospital. But you have to account for all externalities and opportunity costs, which no one does.
I confess I have no direct experience with anything I've ever had the impulse to call "spiritual". This makes me wonder if I think the word means something different than most, or am I missing some kind of subjective experience others have?
I assume spiritual doesn't literally mean spirit, like the whispy ghost that floats up when you die in the cartoons. I assume it means something like a negative definition. Take everything we know and can understand about empirical reality, then whatever remains is "spiritual".
Maybe rising borrowing costs will be slower to affect consumer discretionary companies, but they will, arguably more than monopolistic big tech. Boeing is an exception because of government contracts.
- Announce government incentives to lure the types of workers and companies you lack.
- Pretend that you don't need these incentives to lure people. No, you're just leaning into an existing organic trend.
- Invest in PR that cites superficial stats arguing everyone is leaving X incumbent place and moving to you.
- Get a tiny bit of mileage from these efforts which quickly stall out, but pretend it's going well. Fake it until you make it.
- Never address the root causes of why your economy failed to develop in the first place and needed to try these gimmicks.
- Wait a few years and try again after everyone forgets about the last time you tried and failed at this.
People talk as if this standard is the source of problems, but it's a fine standard. We just don't enforce it.
Eg, if a homeless drug addict overdoses and is brought back by the fire dept with narcan, this is clearly someone who is a danger to themselves. They should be treated no differently than someone rescued from a suicide attempt.
Fentanyl itself changes the imminent danger of being an opiate addict because there's no remotely safe way to use it. Any chronic user of Fentanyl is a danger to themselves.
Someone who is unable to maintain basic level of health on the street is the same. Do you have infected wounds festering? Teeth rotting out of your mouth? The government would take away a pet dog from someone in that state, but for a human doing it to themselves, no problem.
So while paying off a 30 year mortgage might have been to pay off the house and keep it forever, that's not how Americans treat it. They basically use it as a way to get 10-20x leverage on housing prices speculation, and if they profit, cash out 7 years later and do it again with a new house.
Yes, and you can probably learn 80% of those skills yourself without having to spend years and a small fortune on a formal degree in journalism.
I got busy, then pandemic, next thing I know it's been like 7 years since I've seen a dentist. No problems or discomfort whatsoever. It occurred to me that bi annual cleanings are the SaaSification of dentistry, but I've never seen any real evidence.
So what is the point of going on about deniers and anti climate XYZ? Even if they all agreed with you, what would change? It seems like pointless scapegoating and divisiveness.
Or it's an acknowledgment of the posterior data that has arisen over the past 30 years.
Every human has a camera 24/7 now and no one has documented visitors. Countless new missions and sensor arrays have found no evidence of life anywhere.
That doesn't prove no life, but it does make it more likely that the Drake equation is based on assumptions that are fundamentally flawed. Otherwise the Fermi paradox wouldn't still be a paradox.
Maybe it's all a simulation. Maybe it's something from a completely different paradigm. Who knows. But insisting they're out there as more decades pass with none found...that may be the real insistence that the sun revolves around the earth.
It's because they have a really hard time externally hiring and retaining senior people in X job. They can recruit and churn through junior people all day. So they figure it'll be much cheaper to manufacture juniors into seniors internally.
If they lose a junior who fails to convert into senior, who cares? They're relatively easy to replace. It's worth the risk even if only a minority of them convert into senior people successfully, because they're so difficult to hire externally and keep.
No one has solved the elderly exploitation problem yet for the existing banking system. Not sure why it would be fair to hold crypto to a higher standard.
It turns out the freedom to practice the hobby how/when/where you want, isn't just a nice to have, but an essential part of why you enjoyed the hobby in the first place.
You might enjoy being with your wife, but if she controlled every aspect of how you were allowed to, or must, engage with her, on pain of starvation and homelessness, you probably wouldn't enjoy her anymore. You'd resent her as a slave resents his master, even if she is a relatively good master.
Agency is essential to enjoyment of literally anything.
Ok, so they found that people who are top earners are no more satisfied with their jobs than bottom earners.
Might this be because top earners tend to be the types who neglect other aspects of their lives? Or who are hypercompeitive and are unlikely to be satisfied at any level, otherwise they would have stayed where they were?
Or maybe the higher the pay goes, the higher the concentration of high self discipline people willing to endure things they don't like for money. Etc.
And we are supposed to wave away all of these confounders because of controlled marshmellow experiments done on random students?
I'm sure Harvard meta studies do the best job possible distilling insight from these studies. The problem is how insightful these types of studies are in the first place.