On general magic and their 90s smartphone efforts and the constraints they worked within.
HN user
wnc3141
Own a significant chunk of a rapidly growing large company, or be LeBron james.
Stalin's demographic researchers kept disappearing until they came up with the numbers he wanted.
The only thing that doesn't make sense: these companies are more profitable than ever. Google stock rocketed up last year. AI spend per employee is also up, many companies with a strictly enforced minimum AI spend. Surely that cost could have gone to entry levels?
I think the designation of the US as a flawed democracy is fair. We have free elections, yet (particularly at higher levels of government) rarely see popular mandates translate to governance.
A family member at a large tech has stated that their has been an effective hiring freeze for the last three-ish years in their department. To the point that they're letting major business lines rot on the vine.
There are extractive and inclusive economic institutions. democracies tend to guarantee the latter, we are rapidly pursuing the former.
I definitely struggled with feeling hyper engaged in the classroom setting, and then the jarring transition to the next class. By the time I switched between three and four subjects that day and on to do assignments, I was completely fried.
Loved my time at Olaf.
Bloomberg is crazy expensive. They used to have citylab articles without a paywall, but looks like they've fixed that.
I think the stocks don't have a arbiter managing a discrete outcome between parties that don't have any KYC compliance.
"one word. Plastics"
Clare Malone era of FIVE THIRTY EIGHT was among the most serious political journalism out there.
But in exchange we get to also waste vast energy and carbon while depleting job prospects for just about any college grad.
I would think Police unions would probably gladly accept. higher pay for more accountability. It feels like accountability sheltering is a deal with the devil that cities made.
Read "why nations fail". It essentially covers this. Markets and technologies are great but ultimately bound by the systems of power they inhabit.
For expensive high growth markets, rents have dropped in most. Part of this is from a freezing of the labor market meaning nobody is really moving to town.
I think it's more contractors were responsible for providing only their deliverables. The program design as a whole is done by the DoD when they bid out their requirements.
It seems like in the last number of years, VC has been prioritizing becoming the beneficiary of the whims of the regime.
In short, I wonder if this has any implications about their confidence in startups' viability in private sectors
I hate asking people what they do, but it's hard to know ahead of time what questions will get an excited answer, so it's sort of a fall back.
I would add, that in addition to the immediate need for income, there's an identity component of just being gainfully employed, marching along in life and providing for others. Hitting the brakes on that does psychological harm.
I think what makes this a little murkier is that this Beck guy appears to be already a well known figure in crypto circles. (I don't really follow the space). It feels more like uncovering the secret director of a film to be an established film producer.
For the last point, I agree there's a sort of "who cares" aspect to the piece. There is no artistic intent to interpret. The product speaks for itself making BTC the default crypto coin instead of any of the other millions of coins. The wealth from the founder, from what I can tell, has not been instrumentalized in any significant way.
No but the airline might choose starlink. I think a gogo business install is on the hundreds of thousands and annual costs in the tens of thousand for their Eutelesat based system.
Of its still profitable to do so, considering opportunity costs for the capital, firms will continue to build. However, it's so expensive to build that these project wind up not becoming bankable very quickly. I think that's the underlying issue that needs to be addressed.
to the point of where the cost of bringing the goods to market or its opportunity cost exceed the price the market will bear. Its why people living in areas of material poverty don't just get everything on discount.
Both can be true. On competitive environments it's harder to pass along costs to consumers, but when a supply pressure is unilaterally applied the competitive pressure to eat the increased costs goes away and is more easily passed along to consumers.
If the court establishes that this was a tax, how would they administer the refund considering it's impossible to disentangle absorbed tariffs by firms and those passed along to consumers?
To kick this off, I responded by saying that trying to predict the future is a fool's errand, and that he'd just do the best doing something he can be good at and then respond to the world as it changes. However the anxiety over student debt did seem valid considering the recent crop of undergrads are still struggling to land professional jobs.
This pattern suggests the remaining knowledge work becoming increasingly extracted upon by the owners of ai enabled firms, in similar fashion to sugar plantation workers across the global south. I would think the cost of doing so would be a level of social and civic unrest similar to the colonial revolutions (Bolivar for example) of the 19th century.
I'd imagine that when the 80% of less productive time is automated, the market doesn't respond by demanding 80% more output. There's just 20% as much work either making this a part time job or more likely a much smaller workforce as the number of man*hours demanded by the market greatly reduces.