HNHacker News
TopNewBestAskShowJobs

hummel

197 karma · joined January 26, 2010

submissionscomments
hummel··on 300 Years: Huawei's Open Source Strategy
This news carries two hidden information:

1) Huawei is desperate for new business given that its smartphone got hit so badly that it needs to venture into new business for more revenue. Even if they are doing something unrelated to smartphone.

2) Someone in CCP has obtained Tesla tech and sold or give it to Huawei.

hummel··on Understand seed round dynamics in Silicon Valley
The dynamic is very simple. It's called plutocracy, and it's as old as the Roman Empire. If you're my friend or I know you, you get funding, your business model or your metrics are not relevant. That's the excuse to exclude the other 99% and in this case you and your project.
hummel··on An update on our security incident
I believe it's much more interesting to know that the attackers got the email and personal phones of the involved targeted users, that means they will explore new vectors to attack them from other sources. That alone is more valuable than 100K USD, I guess all affected users going to change their emails and phones asap, but probably it will be late. My theory is the public tweet storm was just to kill the exploit in public, they can be accesing and using the tools for very long time without anyone from twitter noticing.
hummel··on How to Become a Hacker
If you need to ask How to Become a Hacker, you are not going to be one. It all depends on your personal curiosity, either you have it or you don't.

PS: Found 0day on Paypal when I was 12 in the early '00s, never got paid or recognized for it :(

hummel··on What Do You Do with a Stolen van Gogh?
It is also used as an escrow/counterparty between the mafia members, most of the time it serves as a guarantee or deposit, it has no intrinsic economic value. In very few cases it's a go-to jail/ out of jail card.
hummel··on I've collected over 600 pitch decks
It especially bothers me to find the same kind of post every X weeks. Compiling pitch decks, hundreds of pitch decks, use these pitch decks from successful companies. You can be one of them too! That's a lie, you can't.

Not only economic conditions, political environment and personal relationships matter, but we are simply selling the same idea to hundreds of thousands of entrepreneurs around the world. The boomers are determined to explain to us how successful they were and the steps they took to achieve their enormous fortune and success. What they forget to explain is how a large part of their success is based on the economic conditions created by their parents and mostly on fraud or dubious behavior.

We sell the idea that they can be Google or Facebook, that they can compete or create new markets. But this idea is false. They have capitalized on all economic sectors, all market verticals and captured 90% of the existing opportunities. And if they forget some of them, they can eventually buy it. They drown you before you're born.

The market is rigged, even if you find market-traction, you will fail to attract investors even with the right relationships (no luck for you syrian refugee). Even the idea is good and represent a jump in a deep tech space, you essentially will get nothing unless you come out from MIT, Stanford and so (No luck for you Italian engineer)

Your pitch deck doesn't matter to anyone. VCs are waiting for 90% of projects to sink without financing, for months to get better conditions or simply to keep the surviving companies. Something their parents would never have done.

hummel··on ”Wuhan has stopped testing, that is why new case = 0 there.“
This will be downvoted by HN overlords. Anyway, thanks for sharing.
hummel··on Jack Welch has died
Jack Welch, head of GE Plastics that polluted Pittsfield MA and the Connecticut River, acceeded to the throne of once-solid General Electric. Through his gentle ministrations he turned the company into a graveyard, driving Schenectady, NY from a middle class heaven into a rust-encrusted hellhole. Jack's financial acumen provided for monotonically increasing stock prices through his tenure. He did this through financial manipulation that would have landed lesser mortals in jail for securities fraud. Upon the sale of the General Electric Reinsurance (GE Re) to Swiss Re, Jack's fraud was uncovered to the tune of $19.2BB. This, however, didn't affect St. Jack, who had moved on and left Jeff Immelt to hold the bag. In the financial crisis of 2008, GE Capital's "investments" into derivatives imploded and GE was within one day of failing to meet payroll and default on many obligations. Jack's good friend, Warren Buffet, however, came along with $5BB in cash and saved the company for a slight premium.

Jack was known as a sharp negotiator and a master of project management and contracts. His marriage failed one month after his wife of many years became "vested" in the pre-nuptial agreement. Suzie Welch was unavailable for comment at the time of publication. Welch demanded full commitment and high levels of performance from his employees. He trained all in the religion of Six Sigma, all the better to remove "waste" and "unnecessary costs" from GE products. He also trained all managers in "ethics" as a means for them to know and understand the limits of ethical behaviour, to know where the gray zone was in relation to those limits, and then to be able to "cluelessly" operate beyond the gray zone limits.

He is survived by countless GE customers who cheer the ongoing demise of the company, by arrogant former employees and managers who remain unemployed due to their catchphrase "this is how we did it at GE", and by many retirees doomed to eat catfood since their no-decision investment in GE stock has left them in penury.

hummel··on To Build Truly Intelligent Machines, Teach Them Cause and Effect (2018)
I'm working extensively on it, but I can´t give so many details yet.
hummel··on Wuhan scientists: What it’s like to be on lockdown
Probably that number will grow very fast, specially between countries that cannot detect it properly: Africa
hummel··on Ask HN: A New Decade. Any Predictions?
1. Google and Facebook struggle to keep their power position and will be stripped down for many reasons. Microsoft and Amazon will capture the spoils of war becoming larger than they are today.

2. No AGI yet, but some AI companies will create overnight data-driven monopolies, same as Private Equity did on the '80s. These early companies will start as B2B consulting/services until they have enough data, experience, and models. Then they will stop servicing others and start disrupting every industry and vertical they could. Same as PE, it becomes an arms race that will eliminate any competition. To keep their power position, Data Science becomes an esoteric-obscure knowledge, spawning another "AI Winter".

3. We will see last-mile and self-driving operational for logistics purposes. Driving will become a privilege, only rich people would allow driving their cars (electric or gas). Others would need to use ride-sharing or public transit. Fewer Toyotas, more Bugatti.

4. There will be significant advances in research in many fields, technology leverage scientific output. But academia works (quantum) will not translate on real-world applications.

5. European Union as we know will disappear on the next economic recession, European countries will recover their historical relations while eastern countries will see a raise on nationalisms/violent uprises and never-ending migration crisis.

6. China will suffer their first economic recession, taking down the older elites and spawning a war for political control creating instability and broken the Belt and Road initiative. Russia will face another 1990-moment between powers and factions inside the country.

7. Offline will be the new wave. Online relations were no longer trusted or authentic. Back to the real world, real experiences, moments and friends. Ibiza is the center of the civilized world.

8. Extreme personalization of payments and lending, an era of rent-to-use, pay month-to-month, get an instant credit will go down to basic needs like water or toilet paper. Finance will extract value from all economy layers. Only rich people own things.

9. Global emissions and pollution will be reduced significative in rich countries thanks to advanced technologies (Switzerland, Germany ..etc). On the other side, people from Third-world countries will die because of pollution.

10. Flying Cars for Rich people. No Mars yet, but increased interest in space exploration.

Hello future me! I hope you did it well in this decade.

hummel··on How a Chinese Startup Made $50 Million in 3 Months by Stealing US and UK IP
Why we keep working with them?
hummel··on Applications Are Now Open for YC Startup School – Starts in January
Same here, it was just a lonely conversation with people that only care about their idea. There was no real feedback and almost none listening to the complaints. It was a total waste of time because some of the only interesting lessons were removed arbitrarily.
hummel··on Why Do We Tolerate Saudi Money in Tech?
China is also another easy sample with Concentration Camps for Uighurs, Tibet ..etc.

[1]https://www.irishexaminer.com/breakingnews/views/analysis/wo... [2]https://foreignpolicy.com/2019/10/26/uighur-concentration-ca... [3]https://www.businessinsider.com/muslim-woman-describes-horro... [4]https://en.wikipedia.org/wiki/Xinjiang_re-education_camps

hummel··on Buffett's Alpha (2018) [pdf]
How long to get to $1 bill :p
hummel··on Buffett's Alpha (2018) [pdf]
Where no one else is looking ;)
hummel··on Buffett's Alpha (2018) [pdf]
If you have 1 billion on spare money, you can easily replicate their "black-boxes" strategies for fun. Some of my ML research work (I work for a hedge fund) points exactly on their trading behaviors and relations with different instruments during the past 25 years. Is not fraud or insider trading, is just everyone involved in the economic world benefits from this, that there is no real incentive to call it fraud.

PS: If you have 1 billion to invest, call me ;)

hummel··on Spanish government orders GitHub to take down Tsunami Democràtic repository
Catalonia society already voted many times, and the results were very clear, with no support to independence. You can translate from here all the times they did: https://es.wikipedia.org/wiki/Proceso_soberanista_de_Catalu%...
hummel··on Spanish government orders GitHub to take down Tsunami Democràtic repository
Check referendum on the dates: 9N-2014, 25N-2015, and many others Wikipedia have an extense article about the times they go to vote freely: https://es.wikipedia.org/wiki/Proceso_soberanista_de_Catalu%...
hummel··on Spanish government orders GitHub to take down Tsunami Democràtic repository
The protests were violent riots not supported by any political party or entity, Catalan or not. As you can see violence stopped like one week ago, and everything back to normal. For example, you can see here (https://www.youtube.com/watch?v=jkgW7Bab1J8) violence blocked the university, so other Catalan students cant go to classes that day. Catalan society is not related to the protest. It is like seeing an Antifa video from US and think there is a political revolution.

Your friends probably didn't tell you, that ordinary justice condemns the political leaders, not because organizing a referendum, but for public funds misappropriation, corruption and refuse to follow the law. Something reasonable, since on other countries and 99% of history when you revolt, either you win or you will get your head off. The trial was public, documented and fair. Probably an exemplary for the future on how to deal when a corrupt government wants to take over.

You also need to go back a few years and read what happened on the previous referendum, that they were legal because they were organized following the rules and because this is a democracy. If you don't like the rules you have a political parliament and elections to change the laws. Thats fine.

hummel··on Spanish government orders GitHub to take down Tsunami Democràtic repository
Watching your Github profile I see you are from the US, time to get back to history classes and time to fight for the freedom of expression on your own country, which is ranked on 49 on Press Freedom Index 2019 https://rsf.org/en/ranking next to Senegal and Romania.
hummel··on Spanish government orders GitHub to take down Tsunami Democràtic repository
There is no Catalonia issue and you have plenty of freedom to express yourself wherever you want. We must remember that Catalonia has already held two legal referendums, where the result has been a refusal of the Catalan people to leave Spain or Independence. Apart from not having any historical reason for independence, it is very funny how you talk about a lack of freedom of expression in a country that has suffered 40 years of dictatorship and where people like my own grandfather were shot for expressing their ideas. Take a walk through Qatar, Chechnya, Hong Kong, China, North Korea ...etc and value your freedom to express yourself on the Internet, your grandparents surely died for it. Respect the dead, read a little about the history of Spain and do not make the mistakes of generalizing.
hummel··on Bank of the Underworld (2015)
They already did, it's called bitcoin
hummel··on Bank of the Underworld (2015)
Absynthe/Master Splynter was an undercover agent at those times.
hummel··on Fair, the SoftBank-backed car startup, lays off 40% of staff, sacks CFO
Wrong, they never delivered anything to anyone. I got insider sources.
hummel··on How is China able to provide enough food to feed over 1B people?
He forgets to mention: Africa
hummel··on Pioneer manipulates scores to pick winners
Let's do it, I was pretty burnt on the past tournaments and looks like Startup School is following the same fate.
hummel··on The Black Market for Social Media Manipulation
The best part of this basic article is that probably cost 250k to EUR taxpayers and provided 0 insight, keeping the wheel of fraud spinning.
hummel··on How I Run a Company with ADHD
Same age, same situation, same location, still they are not able to diagnose me. Trying to solve with moda
hummel··on The Treaty That Forced the Cherokee People from Their Homelands Goes on View
Native Americans had Spanish citizenship almost 300 years earlier and also retained their lands, affiliation, and culture under the law of the Spanish Empire.
← PreviousPage 2 of 3Next →