evanwarfel

Joined 12 years ago

Karma
57
Submissions
40
Member since
Aug 19
Data Scientist & Writer.

www.evanwarfel.com/blog

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Recent submissions

Comment · 6 years ago
There's a difference between re-defining one's local monetary system to use 'chunks of time' instead of money, and variably pricing select goods and services in terms of 'how much money you make in an hour.'

The former scheme is hard because time, as the Ithaca HOURS currency experiment shows, isn't exactly fungible in the same way that money is. Being able to redeem 'an hour' assumes that all people can do the same level of work at all tasks.

The latter, however, requires a different way of thinking about pricing.

For instance, service providers might set their rates as multiples of one's hourly wage: a tennis teacher might charge 1x, a pro-tennis teacher might charge 3x, and a low-income psychotherapist might charge .85x... Such a scheme could work with a sufficient number of clients -- essentially one is sampling from the income distribution -- but the system is more equitable to income differences.

From this point, one can think of more complex schemes, like a non-linear mapping function that can prevent high-income individuals for paying drastically more than others.

Yes, one big issue is one of trust and verification of income... but if it were a culturally accepted practice, it could work. The other issue is the incentive to only target high-income people. Perhaps there could be a set of tax breaks for those whose distribution of client's incomes met some basic requirements.

Comment · 7 years ago
On behalf of all us, thanks for your work. Does the distance between the two surfaces at different temperatures matter? I'm sure this has occurred to you and your team, but the ambient temperature inside of a bedroom, beneath the roof, could provide a greater temperature differential.
Comment · 7 years ago
> “The two most coveted symbols online are an Instagram verification and being on Forbes 30 Under 30,” said Taylor Offer, founder of an apparel startup called Feat Socks, who mentions his Forbes win (class of 2018) in his Instagram bio. “It’s a mark of validation.”

A little digging reveals that Feat Socks sells socks and hoodies. (https://featsocks.com/)

>“Hell yeah, it’s better than going to Harvard or Stanford,” said entrepreneur Katelyn O’Shaughnessy, who didn’t attend either school.

For what, the social validation? O'Shaughnessy's business (https://doctours.com) appears to be a get-healthcare-in-another-country-and-have-a-vacation travel agency.

>“I wanted to throw up at the entire thing,” said Andy Sparks, an entrepreneur who was on this year’s list, describing his reaction to the Summit, a Forbes event that celebrates the Under 30 community. “I had an existential crisis coming back from it. I wondered why I wanted to get on the list and be a part of this community in the first place.”

Ah! A critical thinker.

> Corporate sponsors such as The Macallan whiskey and Courtyard by Marriott pay big fees to get their brands in front of the young professionals who flock to the events. In 2016, Ocean Spray created a cranberry bog in a wading pool in Boston during the event, partly to highlight the fruit as an ingredient in cocktails.

Sign. Me. UP.

Comment · 7 years ago
Comment · 7 years ago
> One day, he proposed, the company could “solve the problem of children without parents,” and from there go onto other causes such as eradicating world hunger.

>Mr. Neumann has told several people over the past two years that a personal goal is to become the world’s first trillionaire.

Am I the only person to think these two ambitions may be somewhat at odds? Or rather, they both seem to be egomaniacal in nature, and being an egomaniac doesn't seem to lend itself to solving nearly impossibly hard problems.

Maybe after he has his exit, he'll put his money with his mouth is and start working full time on a foundation like Bill Gates.

Comment · 7 years ago
Oh no! Keep fighting the good fight.
Comment · 7 years ago
Great, thanks for answering.
Comment · 7 years ago
They may not! But there is information asymmetry between the advertisers and us individuals. Also, if enough people signed it, such a pledge could be used as a collective bargaining chip, one that could be used to convince C-suite executives to change how they do things.
Comment · 7 years ago
That's a great point. People should be able to opt-out.
Comment · 7 years ago
In all honesty, it's because I did not know that paying for Reddit / Youtube would turn off the ads.
Comment · 7 years ago
Ah yes, the other end of the spectrum, which I also find not unattractive.
Comment · 7 years ago
Great question / good points! I don't mean to single out word of mouth recommendations. Perhaps the pledge could be individually modified so that one could specify per-platform definitions.

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