It's also a head-ache for options traders because some options models (black scholes) have log-normal pricing baked in which don't actually allow for the underlying asset to go negative. So nevermind worrying about…
I find the Libertarian obsession with Argentina quite curious. There seems to be this view that Argentina is massively over-regulated with massive government and that if you strip that all away Argentina will be a power…
I think this is a simplistic take. In companies where there are clear management structures there are clear and obvious ways for managers to fuck around and play politics. When there aren't clear management chains,…
That's not really possible. If you're writing a dissertation and find that some of the important foundational work you're building upon is wrong you can't just ignore it. If it's wrong, you need to say it's wrong in…
Non mainstream are they guys who are accidentally being directly paid by Russia...
Sorry but I don't think you understand the newspaper business. Bezos bought the entire Washington Post for $250m. Amazon has a market cap of $2T of which Bezos owns ~9%. The capitalist incentives are very clear, the…
I have some sympathy for the view that we've just handed back some of the gains, but I don't understand the attitude about sanctions. Russia is a small economy. A small economy who primarily exports gas & oil to eastern…
I wonder how much stock people put into people like Andrej's opinion on an Elon Musk project? I would imagine the overwhelming thing hanging over this is "If I say something that annoys that man, he is going to call me…
And one of the strongest militaries in Eastern Europe with a whopping 4.7% of GDP providing an independent bulwark against Russian aggression - fulfilling the exact role that Trump claims to want in Nato.
If you're getting so many applications that you have to apply such a harsh screen that you're likely losing most of your good candidates via false negatives then you shouldn't be soliciting more applicants to apply.…
It makes total sense for a startup to be highly selective. But being overly selective at the CV/application stage is dumb. If they really do have some really highly specialized requirement that should be on the advert.…
The excitement isn't the capabilities of the model, it's how efficiently it was created. One of the major lessons in AI in the last couple of years was that scale mattered - you would want to throw more and more compute…
I think about this quite often. What I'd really like to study at some point is: How much more does the receptionist at JP Morgan's head quarters make than the receptionist at Walmart's headquarters? Because…
Does that matter? Waymo solved FSD. The technical detail of the implementation is moot.
I'm surprised this article doesn't mention the elephant in the room. With Musk's influence over the Trump administration it seems overwhelmingly likely that Tesla will achieve Full Self Driving by changing the…
Here's my guess what would happen: Youtube will have a word with their contacts in government and in short order you'd end up in a court room for some nebulous federal crime about malicious use of computers and hacking…
I think it's pretty pointless to discuss the pretextual judicial justification for something that is just raw politics. Trump will decide if Tiktok is banned, it's as simple as that. You don't need to analyze the…
Come on now, even the author is pretty clear they're making compromises. Whether that's slower internet speed, lower quality display, worse battery or inability to run modern apps/web apps. There are a lot of ways in…
These frameworks serve 3 purposes. The first purpose is to have something concrete to point at so your employees don't sue you over unfair practices - they create a paper trail for management to operate and build…
I'm getting so interested in the meta dynamics of this. The ability of the Chinese company to just openly state "we're working on this because it's interesting" rather than the US version "We want to wrap the world in…
What I'm saying is the pie is getting bigger, inequality can increase too and that you probably are still better off. If Youtube doubles in size next year, and Mr Beast increases his share of that from let's say 1% to…
Again you've gone straight back to zero sum thinking. There's no reason Alphabet keeping Mr Beast happy has to be bad for you! It might be good for you! It might be - in fact it almost certainly is true - that the…
To answer your question directly: EVs aren't more expensive to service than ICE vehicles. If you piece together the quotes from various high level Hertz people, the problem is just that repair costs for accidents for…
If Youtube put Mr Beast out of business today, they would still have paid him an enormous amount of money over the course of years. Not to mention the hundred million dollar Amazon Prime deal that came out this week,…
I don't think you're analyzing this right. The web browser itself has no defensible moat. The reason that Chrome is winning is because Google has a massive money printer in the basement run by 3 guys and a hungry…
It's also a head-ache for options traders because some options models (black scholes) have log-normal pricing baked in which don't actually allow for the underlying asset to go negative. So nevermind worrying about…
I find the Libertarian obsession with Argentina quite curious. There seems to be this view that Argentina is massively over-regulated with massive government and that if you strip that all away Argentina will be a power…
I think this is a simplistic take. In companies where there are clear management structures there are clear and obvious ways for managers to fuck around and play politics. When there aren't clear management chains,…
That's not really possible. If you're writing a dissertation and find that some of the important foundational work you're building upon is wrong you can't just ignore it. If it's wrong, you need to say it's wrong in…
Non mainstream are they guys who are accidentally being directly paid by Russia...
Sorry but I don't think you understand the newspaper business. Bezos bought the entire Washington Post for $250m. Amazon has a market cap of $2T of which Bezos owns ~9%. The capitalist incentives are very clear, the…
I have some sympathy for the view that we've just handed back some of the gains, but I don't understand the attitude about sanctions. Russia is a small economy. A small economy who primarily exports gas & oil to eastern…
I wonder how much stock people put into people like Andrej's opinion on an Elon Musk project? I would imagine the overwhelming thing hanging over this is "If I say something that annoys that man, he is going to call me…
And one of the strongest militaries in Eastern Europe with a whopping 4.7% of GDP providing an independent bulwark against Russian aggression - fulfilling the exact role that Trump claims to want in Nato.
If you're getting so many applications that you have to apply such a harsh screen that you're likely losing most of your good candidates via false negatives then you shouldn't be soliciting more applicants to apply.…
It makes total sense for a startup to be highly selective. But being overly selective at the CV/application stage is dumb. If they really do have some really highly specialized requirement that should be on the advert.…
The excitement isn't the capabilities of the model, it's how efficiently it was created. One of the major lessons in AI in the last couple of years was that scale mattered - you would want to throw more and more compute…
I think about this quite often. What I'd really like to study at some point is: How much more does the receptionist at JP Morgan's head quarters make than the receptionist at Walmart's headquarters? Because…
Does that matter? Waymo solved FSD. The technical detail of the implementation is moot.
I'm surprised this article doesn't mention the elephant in the room. With Musk's influence over the Trump administration it seems overwhelmingly likely that Tesla will achieve Full Self Driving by changing the…
Here's my guess what would happen: Youtube will have a word with their contacts in government and in short order you'd end up in a court room for some nebulous federal crime about malicious use of computers and hacking…
I think it's pretty pointless to discuss the pretextual judicial justification for something that is just raw politics. Trump will decide if Tiktok is banned, it's as simple as that. You don't need to analyze the…
Come on now, even the author is pretty clear they're making compromises. Whether that's slower internet speed, lower quality display, worse battery or inability to run modern apps/web apps. There are a lot of ways in…
These frameworks serve 3 purposes. The first purpose is to have something concrete to point at so your employees don't sue you over unfair practices - they create a paper trail for management to operate and build…
I'm getting so interested in the meta dynamics of this. The ability of the Chinese company to just openly state "we're working on this because it's interesting" rather than the US version "We want to wrap the world in…
What I'm saying is the pie is getting bigger, inequality can increase too and that you probably are still better off. If Youtube doubles in size next year, and Mr Beast increases his share of that from let's say 1% to…
Again you've gone straight back to zero sum thinking. There's no reason Alphabet keeping Mr Beast happy has to be bad for you! It might be good for you! It might be - in fact it almost certainly is true - that the…
To answer your question directly: EVs aren't more expensive to service than ICE vehicles. If you piece together the quotes from various high level Hertz people, the problem is just that repair costs for accidents for…
If Youtube put Mr Beast out of business today, they would still have paid him an enormous amount of money over the course of years. Not to mention the hundred million dollar Amazon Prime deal that came out this week,…
I don't think you're analyzing this right. The web browser itself has no defensible moat. The reason that Chrome is winning is because Google has a massive money printer in the basement run by 3 guys and a hungry…