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shuckles

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This is a superficial complaint. In practice, the US doles out enormous amounts of social assistance. Disability, social security, and healthcare are an enormous part of the federal budget. Maybe it will be gated behind make-work or some other scheme.

It’s kind of useless to argue through metaphors here. There are a hundred researchers with more significant contributions to theory and practice than Karpathy. If you disagree, I’d love to see what papers or implementations you think he’s offered that pushed SOTA.

GPT-1 presumably, which was released a year after he left. Prior to focusing on GPT, OpenAI was pursuing a lot of research directions.

No it doesn’t? It matches his skills to the lab’s needs. Karpathy is a media personality, manager, and educator far more than he is a hands-on researcher.

No average person cares about your side project, and most people prefer Apple’s product decisions over the ones you’d like them to make. Based on your history with technology, you are a Windows developer who would like to distribute apps on Apple’s platform without learning about what makes for a great app on that platform.

Is it a bubble? 7 months ago

It took me a while to realize you were using "$WORK" as a shell variable, not as a reference to Slack's stock ticker prior to its acquisition by $CRM.

Great then you have even bigger problems to wrestle with regarding solvency. Americans won't choose cost effective treatments, and if you force them to pay out of pocket for experimental therapy you will be accused of running death panels. Good luck with that. On top of all that, they are also unhealthy due to a variety of lifestyle factors including that their primary mode of transportation likes maiming them.

I'm saying "increased rents + rent control not applying = more people should want to build"

This is false. People will want to build more on the margin, but that doesn't mean they want to build. If the profitability requirement (hurdle rate for getting investment from institutions) is greater than the the market rent, people will not build even if market rent is high. Indeed, that's what's happened in the last 5 years as costs have increased much faster than rents.

Central to the challenge of UBI and housing costs is the law of rent. UBI could work if all its redistribution was not immediately captured by landowners. There are ways to make that possible.

Rent controlled apartments being held by tenants no longer using them as primary residences is pretty common. A famous case of this was Cleve Jones in San Francisco who tried to make it a huge political deal when his landlord raised his rent to market because he was 1. living in Guerneville full time and 2. subletting the apartment. The media environment is one where it's ok for a master tenant to be a de facto landlord and make money on real estate, as long as it's not the landowner themselves!

Income isn't wealth. Someone making $62,000/yr in income without working at 55 (i.e. no Social Security) is likely comfortable. That's >$1m in invested assets plus whatever is owed to them as retirement income when they reach retirement age. It's especially unclear if everyone else's payroll taxes should be spent allowing this person to retire a few years earlier.

This is all before including the other large personal expense (housing) for this person is likely imputed rents from homeownership which aren't counted as income but function that way.

You've just listed a set of specific circumstances under which some number of people might find housing more affordable, but that's a lot more like "investment outperformance" driven affordability than "broad based housing price decrease" affordability. That can happen even without a recession. A small number of people could've found Bay Area houses more affordable in the last decade if they were HODLing some 10x stock.

Rent control absolutely causes a reduction in supply: there's a reason rent controlled buildings have apartments in poor condition that owners do not renovate (so a reduction in quality supplied) and many are held off market or converted to owner occupancy through condos and TICs (so a reduction in quantity supplied). Not to mention the units underused by long term tenants who maintain them as secondary residences.

People say this a lot, but it makes no sense to me. A recession comes with lower incomes and wealth for everyone, so affordability doesn't change for the average person. It only increases it for those who had a short position in their asset allocation, but that's just investment outperformance which you can have even without a recession.

If Apple had supported open iCloud alternatives for backup and other services from day one, it woudn't even be a discussion now.

You think the OS vendor is unable to snoop on data written to 3rd party clouds from their devices?