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cscurmudgeon

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cscurmudgeon
·l’année dernière·discuss
Human rights vs right to download stuff illegally
cscurmudgeon
·il y a 2 ans·discuss
Quantity of papers is really not a good measure.

> that'll mean foundation model companies can only bank on the thin facade of product.

The “facade” of product tested in the real world in the hands of millions or billions is better than thousands of unread/uncited/clique-cited papers using questionable gameable benchmarks.
cscurmudgeon
·il y a 3 ans·discuss
> Good things to wonder is why America got shared access to all financial transactions of European citizens but the opposite is not true.

A lot of things are unequal between US and Europe. Eg., US bearing most of the cost of Europe's defense.
cscurmudgeon
·il y a 3 ans·discuss
Yes, and I can even bet that unless a species is a hive mind, any intelligent species will have something like capitalism. The inverse is that to enforce a non-capitalist system, you have to brutally shape a society into something that is like a hive mind.
cscurmudgeon
·il y a 3 ans·discuss
The other angle is future deterrence. If a society collectively shuns ideals from violent terrorists, they will have less incentive to be violent.
cscurmudgeon
·il y a 3 ans·discuss
All of those happen in non-capitalist societies too and some times to a more larger extent.
cscurmudgeon
·il y a 5 ans·discuss
He was a founder. His investment was not just financial. When he invested, he was not ultra rich. So a loss would have been significant.

Remember, we can't see the future.

By your logic: You are free to invest like him in early stage startups. You will be out zilch, so why not do what he did?
cscurmudgeon
·il y a 5 ans·discuss
The fight against the ultra rich usually ends up as a fight against the middle class with some token offensives against the ultra rich.
cscurmudgeon
·il y a 5 ans·discuss
> Simple law: you cannot invest in your own company in your own Roth IRA because it is blatantly unfair to other investors who don't have similar insider trading abilities.

Why can't other investors create their own startups and invest their money similarly?

Startup founders take a lot of risk. There is a big chance his investment could have been zero. It is strange that ProPublica does not understand this basic concept.

Where is their report on millions of Roth accounts that went to zero?
cscurmudgeon
·il y a 6 ans·discuss
A lot of places are more wealthy or as wealthy as California. Why don't they have the same cost of living or higher?