RustyConsul

Joined 5 years ago

Karma
239
Submissions
88
Member since
Jul 4
Rustacean
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Recent submissions

Comment · 4 years ago
I was at the Jump Crypto hackathon during the terra luna depeging. Jump crypto has a unique structure because as part of their investment, they get a chunk of coins to market make with. They have no requirement to be on the long side of the market making so during the terra luna collapse they made an absolute killing (Even though terra/luna was one of their biggest investments). Also, jump has it's other business running HFT on the stock market that is much more profitable so it can always bail out it's other side.
Comment · 4 years ago
I think you are both right. There can be a process for business and personal. The two are different, why lump them together?
Comment · 4 years ago
have you seen the goop that chicken nuggets are made out of?

Have you seen the McDonalds chickens and cows? They are estrogen-riddled monstrosities. The chickens can barley stand up because of how giant their breasts are.

Comment · 4 years ago
Captcha's, rate limiting, slight changes to the way you interact such as changing words, changing positions, etc.

This is a solved problem, but these things create friction for the user. And friction is the opposite of what modern tech says you want to provide to your user.

Get them to endlessly scroll, comment thoughtlessly.

Comment · 4 years ago
> A javelin-shaped vehicle big enough to fit a person comfortably inside is a train.

or a cybertruck.

Comment · 4 years ago
>Batteries at the core are commodities

I would argue that might have been true 5 years ago, but now it's proving to be the competitive advantage. Batteries and the materials that produce them are no longer selling at 'Razor thin margins' because the 'Commodity' is extremely constrained. No EV manufacturer can get enough batterys to produce the cars they sell.

Comment · 4 years ago
so what you're saying is they are not only copying the good parts of Tesla (Electrification) but also the bad parts (lying about future production?).

Ford made 30k electric vehicles in 2021, 600k means a growth rate of %1900 in the span of 2 1/2 years (They need to be at the run rate in 2026)?

Battery packs were a problem to Tesla in 2018 and now they've moved onto the bigger problem that no one is talking about.... There isn't enough lithium and nickel production to even make this possible.

That's why Tesla launched its own mining operations in Nevada.

Also, its not like Elon hasn't been screaming about lack of nickel and lithium production since like 2018, just no one seems to be paying attention.

Comment · 4 years ago
>the failure of Henry Ford's utopian city in the Amazon

That title is extremely loaded.

Ford rubber mining operations in the amazon fail when synthetic rubber is invented is the true story.

Comment · 4 years ago
Bias exist in us all. It's innate. It's what makes us alive.

However, We've never been able to effectively label our bias. We build up these preconceived notions based on our experience and we put them in certain categories that often turn out to be mis-categorized. Taking an example from the article

>I think we would perform better under a non-indian manager

Instead of labelling your bias with 'Race/Class/Caste X', label behavior. We as a society need to be more honest about our bias and use stronger words like "Incompetent, lazy, scattered, arrogant, ineffective". Otherwise you have miscatergorized an entire group of people, not based on behavior but because of some inherited trait.

Comment · 4 years ago
A.) you are expecting farmers to be quants, B.) There are 10000 more inputs to farming than what you described. Labor being a major one.

Financier: "Well Jim, I know you were focused on digging the irrigation for your farm but with 'Free Money' in the economy, valuations for real estate and other commodities were going to rise. The Delta's on your futures were all out of wack!" Jim: "What's a delta?"

Comment · 4 years ago
that was my initial thought as well, but you are limited by the availability of financial instruments as you move up the chain to inputs. Outputs are easy to craft instruments around, but inputs are what a business is.
Comment · 4 years ago
why do you need math for machine learning? Code first, learn the math as you go. Otherwise, you will learn a bunch of math you don't need when your actual goal is machine learning.

Do you know pandas and scikit learn? If not, start there.

Comment · 4 years ago
Every step of the way some armchair comes up and concludes that Elon is broke and this deal won't go through.

Why wouldn't he put up more Tesla as collateral? How do you know he can't get more financing? How much BTC, Doge and eth does he have? No one knows how rich this man is, people need to stop acting like they do.

Comment · 4 years ago
It's interesting that people are using this moment to fault Elon, when it's one of his finest moments. Making an 'offer' on what you believe to be good faith. Hidden in your pocket, you know the other party is acting in bad faith. (Twitter says 5% of the DAU is bots) Elon calls them out on that ridiculously low number, says the deal is on hold until this fraud is verified.

Obviously the bots on twitter account for more than 5%, and will be at the detriment of the biggest KPI that twitter touts. He's given them a taste of what will happen if they walk away from the deal by 'putting it on hold' and watching the stock lose 10% in precisely the same day as a general market recovery.

He now has the ability to renegotiate below his 'best and final offer'.

Comment · 4 years ago

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