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throwaway29292

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I guess it depends on whether people believe cryptocurrencies have a future, and if they're confident Ethereum will still exist 10 years from now. I don't care if the price falls temporarily, it has the potential to make a major impact on the world and I think engineers will be able to surmount the challenges it faces today. It's as simple as that for me.

Life 9 years ago

Hmm. If Darwinian evolution is based on factors currently present around the species, wouldn't it basically be optimizing for short-term factors? So you could call Darwinian evolution a greedy algorithm, that optimizes for a local maxima. What about the global maxima, how can life evolve to that state?

Yes, I get where you are coming from. I know my comment is somewhat irrational. That is why I examined my own sentiment - why do I want this news to stop? Because it feels like a rehearsed newsreel, a daily television drama. I'm afraid that scrolling HN might soon become like scrolling facebook. Maybe its just personal over-saturation for me, sorry in that case.

P.S. 5 now.

Not Hotdog App 9 years ago

Can we expect a similar POC for this P2P-based New Internet that you have scoped up? Basically, how feasible are the concepts explained by Richard?

This is a good link. I particularly liked the ending paragraph about motivation - I think it's all network effect. If my friends and people I look upto were working on environmental engineering then maybe I too would jump into it. Unfortunately, none of my peers work in that area hence I spend time thinking about new buzzwords and technologies instead.

I agree with all of your points, except the last one. I don't think a shared ledger is required for interacting between multiple entities. We basically want a database that is beyond the control of any corporation - seems to me that a government-controlled database would fit the need.

The associated complexities and limitations with blockchain ledgers are a lot. The nodes must be propped up by large amounts of computing power, which only big companies/groups can provide, not individuals. And it's not as if the government can't be trusted, there are so many stock market indices & financial markets that aren't under anybody's control.

Very interesting. At this point, there may be many smaller startups that are more innovative or have higher quality VR apps, but if they are competing against FB's massive hold on all aspects of everyday life, there isn't much doubt who the winner will be.

More experienced peers, who lived in times when IBM or Microsoft seemed to be all-pervasive (like FB/Google are today): Do you think these companies will fade away in the next few decades? Or they will go on to be 100-year old companies, like today's car/oil companies.

Think of it this way: there's only a certain amount of productive hours available to people for side programming, and either you spend a majority contributing to open source/building prototypes/learning new technologies/getting your hands dirty; or you spend a majority of the time solving artificial problems to get a leg up on programming interviews. It's a catch-22 if ever there was one.

Probably not direct consequences, more indirect ones like riots. And if things get that bad, then maybe erasing half or 75% human activities WOULD be the only way, don't need a Trump to declare that.

True, some corporations might be altruistic, but probably not all. Murderers still exist in society, and for those we need laws to guide everyone. If all laws and police disappeared suddenly, I think it would take less than 5 years for societies to descend into complete chaos. Laws still seem necessary?

If the root cause of this problem is that

-companies violate privacy rights to gather more big data

-more data translates to more investment (I'm seeing this happen at my current company right now)

-VCs, who are the top of the food chain, are the ones pushing for higher returns (like any rational actor would do)

-then shouldn't the government step in and regulate this area?

Define standards that would limit the amount of funding/valuation based on 'user as product'?

Amazing how technology comes together, this seems like the type of thing people were dreaming about just a mere 10 years ago.

Exactly, I'm confused by all these statistics of 'x minutes of facebook per day'. We can't measure other unproductive activities that ALL humans indulge in, it's not as if society will suddenly start producing PhDs by the dozen if we ban Facebook.