gaukes
gaukes on Hacker News
The money they’re printing isn’t being circulated because people are keeping it in their bank accounts and reducing spending. I think we’re in for something when things return to normal.
I’ve seen this a lot with professors of industry-focused business schools in universities. I think they’re either getting funding / paid or using the connections to pull strings.
These professors usually consult with a lot of government organizations and older companies. If you can make these professors your corporate shill, I guess it’s good marketing.
Narcissism isn’t necessarily characterized by strength even though we imagine the quintessential narcissist people to be “strong” and “driven”. That may be true in their professional lives but not personal.
Narcissists are driven by external validation and appearance, yes. So much so that they forget the people most important to their lives are humans too, not tools or ornaments of achievement. When these relationships sour, there’s a lot of self-doubt, not about the achievements, but if the trade offs are really worth it in the end.
A lot of these seem tied to narcissism in some way. Not that it’s a bad thing but there are a lot of secondary effects of prioritizing ones “success” over all other things like relationships, friendships, mental health, etc.
Well, they wouldn't be looking for Earth specifically, they'd be looking for more resources which are everywhere. An intelligent and energy-hungry enough species would want to harness the power of every sun it can reach.
That growth would be exponential because acquiring resources provides more energy which allows them to acquire more resources even faster.
If an intelligent species doubled the number of stars they control every 2 million years, they'd have every star in the milky way in around 50 million years.
That's still like 0.2% the lifetime of the galaxy.
I'm not so confident we're in the top 20%. Our galaxy is middle-aged. Our star is only 4.6 billion years old in a galaxy that is 13.51 billion years.
There were several stars that blew up before we got the sun which means several systems and planets right in our neighborhood and that's just 1 star in the entire milky way.
Even at 1% the speed of light, it would take 2 million years to travel across the milky way which, relative to the age of the galaxy, is nothing.
Ceres is one of the more interesting candidates for life in our solar system. Ceres is in the habitable zone for our solar system (although just barely), it's surface temperature is -30 F (eq. to winter in Greenland), and it's detected that the water on the surface is 20% carbon by mass (though that can mean a lot of things).
It's like if Stanford brought a picture of an L5 self driving car to the DARPA grand challenge.
On the other hand.. the overreach of the executive branch is a response to the political deadlock in the legislative branch.
If we end up in a situation where neither branch can respond quickly and effectively, that may be worse than what we have now.
The big issue seems to be that companies don’t know how long this version of NAFTA will last. If Biden becomes the next president and signals support for keeping the agreement the way it is, there’s a good shot they’ll move to the USA.
Anyone think this is an additional factor in the Fermi paradox? i.e planets that are too small can’t support a strong atmosphere and life. Planets that are too big make space travel too uneconomical.
The US also gets a larger share of its energy from oil relative to coal. With the shale boom, oils become cheaper and more reliable in the US and burns more cleanly than coal.
Also, what number of drones. At why point does a swarm become a WMD?
To me, it’s more about intelligence than numbers. You could have a single rocket but if it’s smart enough to evade enemy defenses, that rocket could level a city.
I used this website in my last round of interviewing. The interviewers were hit or miss but I definitely got a lot out of it.
People who are already wealthy could also store their wealth in something like gold and convert to the dollar only when needed which means their effective tax rate is 0.
The fed would also enter an inflationary cycle where they devalue their currency which means more money needs to be printed which further devalues the currency.
It just wouldn’t work in the real world.
I agree that there is a general backlash against AirBnb in certain locales but this was a risk before COVID too. I don't see how COVID would compel cities to move FASTER to ban short-term rentals. During a time like this, aggressively cutting down a good business (for property owners) seems like a bad move in general.
The conversion of short-term -> long-term is a side effect of reduce demand. Once demand picks back up, supply will return.
Those industries would also be hurting less which means a smaller discount.
Meanwhile, long-term prospects for AirBnb have not changed. Disease existed before COVID and will exist after COVID.
Acquisition target IMO. While AirBnb bleeds, the FANGs continue to pile up cash.
Google, Facebook, and Apple all have enough cash to buy several AirBnbs rn.
Ya, and they were diversifying into tourism which is also bust.
I’m sure they’ll survive though. Their wealth is in the trillions.
Business schools teach what will be relevant on the job. If large corporate bankruptcies were an issue, MBA programs would teach it.
They absolutely should have runway and understand the risk they are taking when investing in companies with negative margins and hedge their bets early.
If they know the government will bail them out in the end, they can continue to freely burn money at the expense of the Japanese people.
This was immediately after they mentioned 95% of Fortune 500, etc. so I assumed market size.
But, maybe that was the intention without giving any details.
We’ll never know until office is separated out in MSFT reporting I guess.
> Even if you believe that Amazon may have started as the front runner, it’s clear our team worked hard to catch up and surpass them by investing in our technology and listening to the DoD.
Is MSFT actually ahead?
Not everyone has the choice, especially in a place like the Bay Area with incredibly high rents near job centers.
So many predictions about driverless cars. All wrong :(
My guess is full self driving on high ways by 2030 with some semi-autonomous trucks. Removing a driver won’t happen until 2040-50.
Sometimes, the TV is just background noise. But, I also catch myself doing this when I watch more serious TV shows for the first time.
I feel like a junkie saying this but maybe TV alone isn’t enough stimulation.
Good points made above. Out of curiosity, is there a route to a return of rotating leaders without a voluntary abdication by Xi?
Although it seems like a lot, the US reaction was maybe a 2/10 before trump and dialed up to a 4/10 after trump.
There’s MUCH more the US can do if they really wanted to. Consider:
1. China is an export-driven economy.
2. The majority of trade flows through ocean trade routes.
3. The US navy patrols and controls the majority of water routes around the world.
But, extreme escalation on either side could push this beyond an economic dispute and no party wants that.
Here in Berkeley, we're getting indefinite free delivery from Uber Eats. The war of attrition has definitely started.