5,690 karma · joined November 3, 2012
Continued use of such a medium could over the long-term conceivably lead to widespread adoption, regulation, and a global currency. Fiat is disadvantaged when transactions cross borders.
I think we'll look back on this period as a painful learning process, which will set back such a digital currency by years. Perhaps it is inevitable, though, that some people will in the short-term exploit such situations for personal gain at the expense of the rest of us. Now we have to sort out the mess and wait.
It seems that both in the adtech (Facebook etc.) and crypto spaces, our industry has disgraced itself. We are at an incredible moment in history when our skills are pivotal - we're building the infrastructure of the modern world. We need to use our skills to improve things. The most obvious way to improve the situation is to carefully choose who we work for.
Working full remote - everyone at home, communicating via slack and zoom, working hours roughly the same.
Vs 9-6 ish hours, some flexibility, where they all come into an office. That office is a small, modern, comfortable office in a workspace. The office has a closed door, and only the team are allowed in the office. The team chat amongst themselves as needed during the day. They take breaks alone or in small groups outside of the office in the kitchen space or on the sofas in the workspace. They chat with folks from other companies. But no one from outside the team ever enters the inner office. It’s their space.
Do you think remote will be more productive for the team as a whole? Do you think the startup will do better with the small office or the remote scenario?
You can add an hour extra at the computer for remote (saved from commuting), but you’ll need to surrender quite a bit of that to interruptions when remote - realistically, delivery men (in the office scenario, deliveries go to a reception), families or pets, a bit of domestic chores, making lunch alone where no work discussions take place.
>> This was about FTX International. FTX US, the US based exchange that accepts Americans, was not financially impacted by this shitshow. >https://twitter.com/SBF_FTX/status/1590709195892195329
So, SBF seems likely to have flat-out lied, right up to the last moment. At this point, why would you choose to trust any crypto company that wasn't perfectly transparent in how it holds assets, backs coins, what it's borrowing on, etc?
Do we blame individuals or the technology that enabled them? I don't know. I do think we need to get back to building useful tools that people need.
Open your mail client, compose a message, type a few words. What do you expect cmd-z to do? How much of the words will it undo? All the line? Try it.
Then after undo, type a bit more. Hit enter and cursor back. Type again.
Undoing typing is no trivial matter.
You can't outsource domestic transport and, for the moment, most electricity generation.
There are very few successfully distributed systems I can think of. Bittorrent is on. I guess we could argue some markets in the economic sense are distributed. But in reality even both of those are part-centralised.
Just turns out centralisation is usually more efficient and more convenient.
That's the problem, though. Crypto has wild gains because it's an unregulated wild west. And for the same reason it's full of pyramid schemes etc. As soon as you regulate, you fix the problems but head to centralisation and it becomes a boring service without big profits.
This is why so many people compare crypto to the pre-regulation banks, and why they predict a similar fate for the exchanges.
Best of luck with the side project, hope it entices you/your cofounder to leave Facebook.
There’s no comparison to Facebook.
That's a crazy idea, if original. What do Facebook know about building and selling general cloud services?
now, if google lay off a lot of people... that would be different
But - I don’t regret the PhD. I learnt a lot of skills, learnt from other PhD students and postdocs.
I will say, make sure your supervisor is a nice person who does not place their career above all else. I was lucky with that, and I think finding such a person in academic is increasingly difficult. Never do a PhD with a supervisor you are unsure about.
Finish the PhD in 3 years (U.K.) and get the hell out. There is nothing left in academia for people who genuinely want to improve the world.
If your goal is getting paid a reasonable amount for a bit of a silly job, and you can tolerate or enjoy politics and game playing, that’s fine, stay. Hours are flexible, you can get away with not doing anything much at all for your career, and the pensions in the U.K. are still very generous. Over the summers most people don’t actually do any work.
Tbh most Master’s, esp MSc, don’t add anything.
I think you've hit on more here. I think Musk has become associated with Trump. I think that might be because Trump is the champion of the losers of globalisation, and Musk is also a hero to those people because (a) he has created a lot of manufacturing jobs and (b) is creating a sense of patriotic pride in some of his achievements... just see SpaceX staff chanting "USA USA". I'm not criticising anyone, just drawing a connection.
So I think after reading these posts and talking to others, that Musk is hated because he is part of the war between left and right. To praise Musk is to praise Trumpism, and to hate Musk is to show you are against Trump.
(Thanks also to whoever un-downed me, as it is from genuinely wanting to understand).
The last link is paywalled, but I doubt that is really his motive. It sounds silly. There was plenty of outspoken criticism against that highspeed rail link without a Musk conspiracy theory. He gave an interview on the BBC where he was similarly bemused by how poor our high speed efforts were, and his criticism was fair.
I'm not sure we can see incidents in very large organisations as indicative of the character of the CEO. For sure he is ultimately to answer for them, and has a responsibility to sort them out, but Tesla employees about 100 000 people and in any sample of people that large you'll have some horrible ones.
Someone else told me about the harassment suit today, now that is directly attributable to Musk and awful. Are there other such incidents?
Still, doesn't seem to explain the sheer hatred for the man. I do have a different theory about that having spoken to others, which I'll post elsewhere...
If you hate Musk, fine, but please just stick to the facts and articulate why you hate him.
I don’t understand why there is so much emotion around Musk. He has done good things and bad things. He has done incredible, near possible things. He works ridiculously hard. He’s rich. He has said and posted things he shouldn’t. I don’t feel that I am in a position to say he is a terrible person. I don’t even know the guy. I wouldn’t want to live in a world without SpaceX and Tesla. I am genuinely fascinated by this hatred.
I’ve tried to compile a list of why people might hate him:
- posted a conspiracy theory on Twitter (which he did then delete)
- childishly insulted a diver
- is a shameless self promoter
- fires staff brutally
- makes huge and sometimes unreasonable demands on his workforce
- disagreed with covid policy, partly on the argument that the fatality rate is low and there’s not much you can really do about it
Ok, these are bad. But he’s hated as if he is the new Hitler. I don’t get it. I’d really appreciate it if someone could rationally explain why Elon is deserving of such great hatred.
I think they've made a huge mistake in catering to the nerds rather than pushing the envelope for the average consumer. Never heard a civilian complain about the ports on their mac.