3,570 karma · joined April 5, 2018
Or maybe that's fundamentally an unrealistic viewpoint [0]
[0] https://blog.dshr.org/2022/03/vitalik-buterin-vs-reality.htm...
I believe the person you are replying to is emphasizing the "~" in your comment. Yes, it's not like half the kids will commit self harm because they are bullied, but a very small percent will. How do we, as a society, weigh their suffering against those who are being surveiled without ever having done anything to trigger it?
I wonder where they went. Are they busy crying about being scammed by the child prodigy/most popular effective altruist in the world, or do they not care because they had a finger in the pie?
Or perhaps they moved on to shill AI and its glorious wonders?
Assuming they're mindless drones of the faceless "investors" with no free will or intent of their own.
> But the investors don't want to bet on the value of physical planes, nor do they want to bet on the price of oil. If they wanted to place those bets, they'd just invest in Boeing or Exxon.
You're putting the cart before the horse since that's a choice by the exec. If they wanted to derisk themselves they could as well hedge by buying puts on Boeing or calls on Exxon.
Overall, who decides what a good business is? Unfortunately, that's come down to a gang of Wall Street suits who would much rather punish good businesses for not catering to their attention span deficient trading/gambling habits. We would much rather have some jack of all trades making business decisions based on their next year's bonus/chalet/yacht rather than people who depend on those businesses (customers and employees), so of course we get to this state.
As long as extreme wealth inequality exists, politicians will keep being bought and sold by the minority for their own interest at the expense of the majority.
Similarly, printing a billion tokens and trading one for a dollar doesn't give you a billion dollar market cap, even though "all the stocks do it!" Those stocks also back productive systems, have financial statements, forecasts, and a million other things that make them a billion dollar (or larger) market capped company.
Pop quiz: How long did it take the United States to recognize the human rights of those born into slavery?
People are selectively blind about who the human rights apply to all the time, it's nothing new whatsoever.
They are just a symptom of what happens when you give people power and no accountability.
In case you're unaware, the reason Europe has its current asylum standards largely because of what happened between 1933-1945. So would your proposed solution be:
1. Deny asylum to anyone and everyone, even those fleeing genocide ("Sorry that happened to you, we don't have room here!"), or
2. Implement a color chart a la Family Guy [1], so only the "right people" can come in?
[1] https://knowyourmeme.com/memes/family-guy-skin-color-chart
Example?
Us in New York are going by fine taking the train or biking, and if we really need a car we call a cab or an Uber, and that we have to pay extra makes us really think if we need that car or is that just us being lazy.
I won't ever understand the joy of punting that bill of your joyrides to the next generation, I guess.
However, stealing money is still stealing money.
> Also, front running is already illegal.
Great! Which means there are sometimes legitimate reasons to clamp down on "hyper-efficient" but socially negative actors.
Or is being circumspect about the claims of those holding absolute power not part of the hacker ethos anymore?
No, in the best world we do both.
Or it encourages making longer term investment decisions rather than trading like a jittery cocaine addict (which by no small amount of irony a nonnegligible number of traders are already.)
Do you have any source for this speculation? In my experience image models are always much smaller than language and even the largest llama will fit in a smaller GPU machine than that.
That's clear bait. What you're advocating for is a mental tax on the "less fortunate class" as you put it.
Make price transparency legally required and see how the game changes.
So people who want to park their money in a house rather than living in it are discouraged to buy up the available housing.
Yup, good. Seems like it should be going exactly as expected.
Rent what inventory? If everyone wants to rent the monthly rent goes up until the market reaches equilibrium. Once again, look at cars. Do you see a majority of the people renting cars because "prices will be lower for the same model next year"?
People who need a place to live? Why? Do you think all housing in Tokyo is built by the government?
People who were buying homes because they can? Yup, absolutely. That's the whole freaking point.
You can't think of any major global event that happened since 2020 that may work as a "distraction" and a cover while businesses engage in monopolistic/anti-competitive behavior?