I agree with you. I'd go further and suggest that candidates should get anonymized information about applicants in the pool. Nothing like negotiating with yourself for a job...
What's interesting is that broadly speaking, people acknowledge that negotiating with asymmetric information is immortal or wrong. Take the stock market for example, insider trading is illegal and you don't often hear…
There's also another angle. During the call with Lex last week, Dario seemed to imply that future models would run on amazon chips from Annapurna Labs (Amazon's 2015 fabless purchase). Amazon is all about the flywheel +…
Let's not confuse correlation with causation. Is the organizational pressure that seeks conformity filtering out tattoos based on tattoos or the lack of conformity? It's tough to understand whether you're saying more…
Ironically, we use tattoos for opposite reasons. If you're quick to judge someone's character based on their tattoos, it suggests a tendency toward superficial assessments. I find it difficult to trust critical…
Eric Schmidt advocated for this exact thing in an Op-ed piece in the latest MIT Technology Review. [1] https://www.technologyreview.com/2024/05/13/1092322/why-amer...
High tech manufacturing at scale is often equally as challenging as development work. Starting with a proven design let's teams focus on leveling up their manufacturing capabilities prior to introducing the double…
Against the Gods by Peter L. Bernstein is a fantastic book that has a few chapters about this family. It's worth the read if you're interested in the history probability and risk
Also relevant and stated publicly by John, Blue Origin expects to cover more than 50% of the total cost. To put this into perspective the DoD will happily invest north of $1 Trillion for a single fighter pilot…
There's something deeply ironic about a person commenting from a highly-engineered device, operating on a highly-engineered network, sitting inside of a highly-engineered building, in a highly-engineered city debating…
I've thought deeply about the problem and I think the solution is fairly simple; account for the cost. Businesses are simple and will react in kind. Either shift the burden of proof - aka, force incorrect billings to…
The prisoner's dilemma strikes again.
It partially dictates how the company communicated with its’ employees. A remote first company is going to engage with its employee base differently, invest in benefits that respect that population more and create…
Paying less in taxes doesn't have to be nefarious. When you put money into a 401K you're shielding income from taxation. A 401K is an explicit tradeoff the government has created; individuals saving more today will…
Reusable rockets with massive cargo capacity is just one example. SpaceX equipped rockets will soon be able to carry around 100 tons of cargo to any place on earth in less than an hour; massive implications for disaster…
This is an incredibly small minded perspective. Difficult challenges require new technologies, new processes and new ways of thinking. More specifically, technologies developed through the race to land on the moon (and…
I was actually under the impression that what Pinterest does was against the ToS of Google. I can't find the link or reference, but I believe it was along the lines of 'You can't post images just to farm user account…
I believe there are plenty of examples of profitable news organizations. They all generally sit in the 'patronage' category as you described/ala The Guardian. The New York Times is the first one that comes to mind:…
You realize Tyler Cowen posted three quarters of this piece on his website: https://marginalrevolution.com/marginalrevolution/2021/06/wh... I will happily pay for quality content - Bloomberg is not one of those sources.…
Paywalls with workarounds are the only type of paywalls allowed on HN. Asking for a workaround is an acceptable practice. https://hn.algolia.com/?query=paywalls%20by:dang&dateRange=a...
If you're looking for more information about reverse repos and this action generally, I found this piece incredibly useful: https://fed.tips/sico4-1/ Long but worth the education (if you're interested)
I don't mean to be cynical - I ultimately want to contribute to the conversation in a meaningful way. The original article and the surrounding comments remind me of the Tyler Durden quote from Fight club: "I see all…
<< "That's just not how US managers age leaders [are incentivized to] think." Just wanted to highlight that it's not a problem we're destined to deal with. Fix the incentives ala fix the problems.
It is 100% equity vs. wages. That’s how a financial statement works. Revenue – COGs – G&A – Taxes & Interest = Net income. That net income moves to the balance sheet as retained earnings. The higher the COGs & G&A cost…
Another term for VC is risk capital. A diligent investor will only put what they can safely risk into the market. While your correct that money indirectly represents time, you’re overlooking the incremental utility of…
I agree with you. I'd go further and suggest that candidates should get anonymized information about applicants in the pool. Nothing like negotiating with yourself for a job...
What's interesting is that broadly speaking, people acknowledge that negotiating with asymmetric information is immortal or wrong. Take the stock market for example, insider trading is illegal and you don't often hear…
There's also another angle. During the call with Lex last week, Dario seemed to imply that future models would run on amazon chips from Annapurna Labs (Amazon's 2015 fabless purchase). Amazon is all about the flywheel +…
Let's not confuse correlation with causation. Is the organizational pressure that seeks conformity filtering out tattoos based on tattoos or the lack of conformity? It's tough to understand whether you're saying more…
Ironically, we use tattoos for opposite reasons. If you're quick to judge someone's character based on their tattoos, it suggests a tendency toward superficial assessments. I find it difficult to trust critical…
Eric Schmidt advocated for this exact thing in an Op-ed piece in the latest MIT Technology Review. [1] https://www.technologyreview.com/2024/05/13/1092322/why-amer...
High tech manufacturing at scale is often equally as challenging as development work. Starting with a proven design let's teams focus on leveling up their manufacturing capabilities prior to introducing the double…
Against the Gods by Peter L. Bernstein is a fantastic book that has a few chapters about this family. It's worth the read if you're interested in the history probability and risk
Also relevant and stated publicly by John, Blue Origin expects to cover more than 50% of the total cost. To put this into perspective the DoD will happily invest north of $1 Trillion for a single fighter pilot…
There's something deeply ironic about a person commenting from a highly-engineered device, operating on a highly-engineered network, sitting inside of a highly-engineered building, in a highly-engineered city debating…
I've thought deeply about the problem and I think the solution is fairly simple; account for the cost. Businesses are simple and will react in kind. Either shift the burden of proof - aka, force incorrect billings to…
The prisoner's dilemma strikes again.
It partially dictates how the company communicated with its’ employees. A remote first company is going to engage with its employee base differently, invest in benefits that respect that population more and create…
Paying less in taxes doesn't have to be nefarious. When you put money into a 401K you're shielding income from taxation. A 401K is an explicit tradeoff the government has created; individuals saving more today will…
Reusable rockets with massive cargo capacity is just one example. SpaceX equipped rockets will soon be able to carry around 100 tons of cargo to any place on earth in less than an hour; massive implications for disaster…
This is an incredibly small minded perspective. Difficult challenges require new technologies, new processes and new ways of thinking. More specifically, technologies developed through the race to land on the moon (and…
I was actually under the impression that what Pinterest does was against the ToS of Google. I can't find the link or reference, but I believe it was along the lines of 'You can't post images just to farm user account…
I believe there are plenty of examples of profitable news organizations. They all generally sit in the 'patronage' category as you described/ala The Guardian. The New York Times is the first one that comes to mind:…
You realize Tyler Cowen posted three quarters of this piece on his website: https://marginalrevolution.com/marginalrevolution/2021/06/wh... I will happily pay for quality content - Bloomberg is not one of those sources.…
Paywalls with workarounds are the only type of paywalls allowed on HN. Asking for a workaround is an acceptable practice. https://hn.algolia.com/?query=paywalls%20by:dang&dateRange=a...
If you're looking for more information about reverse repos and this action generally, I found this piece incredibly useful: https://fed.tips/sico4-1/ Long but worth the education (if you're interested)
I don't mean to be cynical - I ultimately want to contribute to the conversation in a meaningful way. The original article and the surrounding comments remind me of the Tyler Durden quote from Fight club: "I see all…
<< "That's just not how US managers age leaders [are incentivized to] think." Just wanted to highlight that it's not a problem we're destined to deal with. Fix the incentives ala fix the problems.
It is 100% equity vs. wages. That’s how a financial statement works. Revenue – COGs – G&A – Taxes & Interest = Net income. That net income moves to the balance sheet as retained earnings. The higher the COGs & G&A cost…
Another term for VC is risk capital. A diligent investor will only put what they can safely risk into the market. While your correct that money indirectly represents time, you’re overlooking the incremental utility of…